Cypress Landing Golf Club
Cypress Landing Golf Club maintains operational surpluses with declining assets and no reported officer compensation.
EIN: 10674195 · Chocowinity, NC · NTEE: N60 · Updated: 2026-03-28
Is Cypress Landing Golf Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cypress Landing Golf Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cypress Landing Golf Club
Cypress Landing Golf Club (EIN: 10674195) is a nonprofit organization based in Chocowinity, NC, classified under NTEE code N60. The organization reported total revenue of $1.4M and total assets of $271K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cypress Landing Golf Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cypress Landing Golf Club is a mid-size nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$129K |
| Total Assets | $271K |
| Total Liabilities | $258K |
| Net Assets | $13K |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 95.1% |
| Months of Reserves | 2.8 months |
Financial Health Grade: B
In 2020, Cypress Landing Golf Club reported a surplus of $129K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 95.1% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Cypress Landing Golf Club's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +13.3% | -0.8% | -63.3% |
| 2019 | +406.6% | +385.0% | -44.8% |
| 2018 | -80.4% | -78.5% | +3.3% |
| 2017 | +0.7% | -7.3% | +4.1% |
| 2016 | +21.7% | +25.5% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cypress Landing Golf Club with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cypress Landing Golf Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $129K, with revenue exceeding expenses.
- Debt-to-asset ratio: 95.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with over $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cypress Landing Golf Club's IRS 990 filings:
- Significant decline in assets over the past decade without clear explanation in summary data.
Strengths
The following positive indicators were identified for Cypress Landing Golf Club:
- Consistent operational surpluses in recent years (e.g., $128,665 in 2020).
- No reported officer compensation, indicating efficient use of funds at the executive level.
- Consistent IRS 990 filing history demonstrating transparency.
- Stable revenue generation, consistently over $1 million in most years.
Frequently Asked Questions about Cypress Landing Golf Club
Is Cypress Landing Golf Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Cypress Landing Golf Club (EIN: 10674195) some concerns. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
How does Cypress Landing Golf Club spend its money?
Cypress Landing Golf Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cypress Landing Golf Club tax-deductible?
Cypress Landing Golf Club is registered as a tax-exempt nonprofit (EIN: 10674195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have the organization's assets decreased so significantly from $1.48 million in 2011 to $271,319 in 2020?
The provided data does not specify the reasons for the asset decline. It could be due to depreciation, sale of assets, or a shift in financial strategy, but further investigation into the detailed financial statements would be needed.
What is the detailed breakdown of expenses into program, administrative, and fundraising categories?
The summary data provided does not offer a detailed breakdown of expenses. A full IRS Form 990 would be required to analyze these specific allocations.
How does the organization sustain its operations with 0% officer compensation?
The 0% officer compensation suggests that executive leadership may be volunteer-based, or compensated through other means not classified as officer compensation, or the organization relies on external management services.
Filing History
IRS 990 filing history for Cypress Landing Golf Club showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Cypress Landing Golf Club's revenue has grown by 10.9%, moving from $1.2M to $1.3M. Total assets decreased by 81.7% over the same period, from $1.5M to $271K. Total functional expenses fell by 1.9%, from $1.2M to $1.2M. In its most recent filing year (2020), Cypress Landing Golf Club reported a surplus of $129K, with revenue exceeding expenses. The organization holds $258K in liabilities against $271K in assets (debt-to-asset ratio: 95.1%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $1.3M | $1.2M | $271K | $258K | — | View 990 |
| 2019 | $1.2M | $1.2M | $740K | $856K | — | View 990 |
| 2018 | $227K | $244K | $1.3M | $863K | — | View 990 |
| 2017 | $1.2M | $1.1M | $1.3M | $802K | — | — |
| 2016 | $1.2M | $1.2M | $1.2M | $773K | — | View 990 |
| 2015 | $946K | $978K | $1.3M | $1.4M | — | View 990 |
| 2014 | $968K | $1.0M | $1.4M | $1.4M | — | View 990 |
| 2013 | $1.2M | $1.2M | $1.4M | $1.4M | — | View 990 |
| 2012 | $1.1M | $1.1M | $1.5M | $1.5M | — | View 990 |
| 2011 | $1.2M | $1.2M | $1.5M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $271K (revenue +13.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $740K (revenue +406.6% year-over-year).
- 2018: Revenue of $227K, expenses of $244K, and assets of $1.3M (revenue -80.4% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +0.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.2M (revenue +21.7% year-over-year).
- 2015: Revenue of $946K, expenses of $978K, and assets of $1.3M (revenue -2.2% year-over-year).
- 2014: Revenue of $968K, expenses of $1.0M, and assets of $1.4M (revenue -17.4% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $1.4M (revenue +2.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $1.5M (revenue -3.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cypress Landing Golf Club:
Data Sources and Methodology
This transparency report for Cypress Landing Golf Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.