Deer Lake Club
Deer Lake Club maintains consistent financial growth with no reported officer compensation.
EIN: 220855390 · Boonton Twp, NJ · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $649K |
| Total Expenses | $619K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $1.6M |
| Transparency Score | 75/100 |
Is Deer Lake Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Deer Lake Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Deer Lake Club
Deer Lake Club (EIN: 220855390) is a nonprofit organization based in Boonton Twp, NJ, classified under NTEE code N50. The organization reported total revenue of $649K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deer Lake Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deer Lake Club is a small nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $650K |
| Total Expenses | $619K |
| Surplus / Deficit | +$31K |
| Total Assets | $1.6M |
| Total Liabilities | $39K |
| Net Assets | $1.6M |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 30.8 months |
Financial Health Grade: A
In 2023, Deer Lake Club reported a surplus of $31K with revenue exceeding expenses, holds 30.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Deer Lake Club's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +10.2% | +2.7% |
| 2022 | -2.1% | +5.2% | +5.3% |
| 2021 | +22.9% | +5.7% | +10.1% |
| 2020 | +9.4% | +9.2% | +2.2% |
| 2019 | -3.8% | -11.4% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
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 Deer Lake Club with a Mission Score of 75 out of 100 (Good). 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, Deer Lake 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Deer Lake Club consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or compensation structured in a manner not reported as such on the 990, which is unusual for an organization with annual revenues exceeding $600,000.
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 Deer Lake Club's IRS 990 filings:
- No reported officer compensation for an organization with over $600,000 in revenue, which could obscure actual compensation practices if not volunteer-led.
Strengths
The following positive indicators were identified for Deer Lake Club:
- Consistent revenue growth over the past decade, from $465,986 in 2017 to $650,055 in 2023.
- Strong asset growth, increasing from $1,205,954 in 2014 to $1,591,062 in 2023.
- Low and stable liabilities, indicating strong financial health and minimal debt burden.
- Consistent positive net income in most years, demonstrating financial sustainability.
- Absence of reported officer compensation, suggesting high volunteer involvement or efficient management of executive costs.
Frequently Asked Questions about Deer Lake Club
Is Deer Lake Club a legitimate charity?
Deer Lake Club (EIN: 220855390) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $649K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Deer Lake Club spend its money?
Deer Lake Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Deer Lake Club tax-deductible?
Deer Lake Club is registered as a tax-exempt nonprofit (EIN: 220855390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Deer Lake Club CEO make?
Deer Lake Club's highest-compensated officer earns $600,000. annually. The organization reported $649K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Deer Lake Club's spending goes to programs?
Deer Lake Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Deer Lake Club compare to similar nonprofits?
With a transparency score of 75/100 (Good), Deer Lake Club is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Deer Lake Club located?
Deer Lake Club is headquartered in Boonton Twp, New Jersey and files with the IRS under EIN 220855390. It is classified under NTEE code N50.
How many years of IRS 990 filings does Deer Lake Club have?
Deer Lake Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $649K in total revenue.
How does Deer Lake Club manage to operate with no reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization is either entirely volunteer-run at the executive level or that executive compensation is categorized differently within their financial statements, which would require reviewing their full audited financials for clarity.
What are the primary 'program' activities for Deer Lake Club given its NTEE code N50?
As an NTEE N50 organization (Recreational, Leisure, & Sports Clubs), its primary program activities likely involve maintaining and operating facilities for member use, organizing recreational events, and providing services directly related to the club's purpose for its members.
Is the consistent revenue growth indicative of increasing membership or other income streams?
The steady increase in revenue from $465,986 in 2017 to $650,055 in 2023 suggests either growing membership, increased membership fees, or successful diversification of income streams, such as event hosting or facility rentals.
What is the organization's policy on accumulating assets versus spending on current activities?
Deer Lake Club has consistently grown its assets from $1,205,954 in 2014 to $1,591,062 in 2023, while maintaining low liabilities. This indicates a strategy of building reserves and potentially investing in long-term assets, rather than spending all revenue on current period expenses.
Filing History
IRS 990 filing history for Deer Lake Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Deer Lake Club's revenue has grown by 45.1%, moving from $448K to $650K. Total assets increased by 59.9% over the same period, from $995K to $1.6M. Total functional expenses rose by 47.1%, from $421K to $619K. In its most recent filing year (2023), Deer Lake Club reported a surplus of $31K, with revenue exceeding expenses. The organization holds $39K in liabilities against $1.6M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $650K | $619K | $1.6M | $39K | — | — |
| 2022 | $647K | $562K | $1.5M | $29K | — | View 990 |
| 2021 | $660K | $534K | $1.5M | $35K | — | View 990 |
| 2020 | $537K | $505K | $1.3M | $26K | — | — |
| 2019 | $491K | $463K | $1.3M | $30K | — | View 990 |
| 2018 | $511K | $522K | $1.3M | $42K | — | View 990 |
| 2017 | $466K | $446K | $1.3M | $23K | — | View 990 |
| 2016 | $463K | $424K | $1.3M | $19K | — | View 990 |
| 2015 | $465K | $438K | $1.2M | $19K | — | View 990 |
| 2014 | $546K | $449K | $1.2M | $32K | — | View 990 |
| 2013 | $505K | $427K | $1.1M | $62K | — | View 990 |
| 2012 | $466K | $449K | $1.0M | $36K | — | View 990 |
| 2011 | $448K | $421K | $995K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $650K, expenses of $619K, and assets of $1.6M (revenue +0.5% year-over-year).
- 2022: Revenue of $647K, expenses of $562K, and assets of $1.5M (revenue -2.1% year-over-year).
- 2021: Revenue of $660K, expenses of $534K, and assets of $1.5M (revenue +22.9% year-over-year).
- 2020: Revenue of $537K, expenses of $505K, and assets of $1.3M (revenue +9.4% year-over-year).
- 2019: Revenue of $491K, expenses of $463K, and assets of $1.3M (revenue -3.8% year-over-year).
- 2018: Revenue of $511K, expenses of $522K, and assets of $1.3M (revenue +9.6% year-over-year).
- 2017: Revenue of $466K, expenses of $446K, and assets of $1.3M (revenue +0.6% year-over-year).
- 2016: Revenue of $463K, expenses of $424K, and assets of $1.3M (revenue -0.3% year-over-year).
- 2015: Revenue of $465K, expenses of $438K, and assets of $1.2M (revenue -14.8% year-over-year).
- 2014: Revenue of $546K, expenses of $449K, and assets of $1.2M (revenue +8.1% year-over-year).
- 2013: Revenue of $505K, expenses of $427K, and assets of $1.1M (revenue +8.3% year-over-year).
- 2012: Revenue of $466K, expenses of $449K, and assets of $1.0M (revenue +4.0% year-over-year).
- 2011: Revenue of $448K, expenses of $421K, and assets of $995K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deer Lake Club:
Data Sources and Methodology
This transparency report for Deer Lake 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.