Forest Hill Field Club
Forest Hill Field Club faces declining assets and significant liabilities, operating with zero reported officer compensation.
EIN: 220918060 · Bloomfield, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $3.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $-2,568,509 |
| Transparency Score | 40/100 |
Is Forest Hill Field Club Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Forest Hill Field Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Forest Hill Field Club
Forest Hill Field Club (EIN: 220918060) is a nonprofit organization based in Bloomfield, NJ. The organization reported total revenue of $4.4M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forest Hill Field Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forest Hill Field Club is a mid-size nonprofit that has been operating for 84 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.8M |
| Surplus / Deficit | +$199K |
| Total Assets | $2.5M |
| Total Liabilities | $5.1M |
| Net Assets | $-2,568,509 |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 201.1% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2020, Forest Hill Field Club reported a surplus of $199K with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 201.1% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Forest Hill Field Club's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +3.8% | -12.1% | -41.8% |
| 2019 | +3.8% | -0.8% | -1.6% |
| 2018 | -6.4% | -1.4% | -6.6% |
| 2017 | +3.3% | -6.7% | +0.5% |
| 2016 | +3.7% | +12.5% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Forest Hill Field Club with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Forest Hill Field Club allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $199K, with revenue exceeding expenses.
- Debt-to-asset ratio: 201.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues exceeding $3 million. This suggests that executive leadership may be uncompensated volunteers or compensated through mechanisms not reported as officer compensation on the 990, raising questions about the full cost of management.
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 Forest Hill Field Club's IRS 990 filings:
- Consistent reporting of zero officer compensation, which is unusual for an organization of this size.
- Significant and continuous decline in assets over the past decade, from $6.45M in 2011 to $2.54M in 2020.
- Liabilities frequently exceed assets, indicating a potentially unstable financial structure (e.g., $5.1M liabilities vs. $2.5M assets in 2020).
- NTEE code is unknown, making it difficult to assess its specific charitable mission or industry benchmarks.
Strengths
The following positive indicators were identified for Forest Hill Field Club:
- Generally maintains positive net revenue (revenue exceeding expenses) in some recent years, such as 2020 ($3,967,483 revenue vs. $3,768,675 expenses).
Frequently Asked Questions about Forest Hill Field Club
Is Forest Hill Field Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Forest Hill Field Club (EIN: 220918060) significant concerns. Mission Score: 40/100. 4 red flags identified, 1 strength noted.
How does Forest Hill Field Club spend its money?
Forest Hill Field Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Forest Hill Field Club tax-deductible?
Forest Hill Field Club is registered as a tax-exempt nonprofit (EIN: 220918060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Forest Hill Field Club CEO make?
Forest Hill Field Club's highest-compensated officer earns $3 annually. The organization reported $4.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Forest Hill Field Club's spending goes to programs?
Forest Hill Field Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Forest Hill Field Club located?
Forest Hill Field Club is headquartered in Bloomfield, New Jersey and files with the IRS under EIN 220918060.
How many years of IRS 990 filings does Forest Hill Field Club have?
Forest Hill Field Club has 10 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 $4.4M in total revenue.
What is the primary purpose of Forest Hill Field Club as a nonprofit?
Given the lack of NTEE code and the nature of a 'field club,' its nonprofit status likely relates to providing recreational or social facilities for its members, rather than broad public charitable programs.
Why does the organization consistently report zero officer compensation?
This could be due to an all-volunteer board and management, or compensation being structured in a way that is not classified as 'officer compensation' on the IRS Form 990.
What is the reason for the significant decline in assets over the past decade?
Assets have decreased from $6,451,310 in 2011 to $2,539,701 in 2020, indicating potential divestment, depreciation, or financial losses over time.
How does the organization manage its substantial liabilities, which often exceed its assets?
In 2020, liabilities were $5,108,210 against assets of $2,539,701, suggesting a high debt burden relative to its financial holdings.
Filing History
IRS 990 filing history for Forest Hill Field Club showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Forest Hill Field Club's revenue has declined by 5.4%, moving from $4.2M to $4.0M. Total assets decreased by 60.6% over the same period, from $6.5M to $2.5M. Total functional expenses fell by 19.3%, from $4.7M to $3.8M. In its most recent filing year (2020), Forest Hill Field Club reported a surplus of $199K, with revenue exceeding expenses. The organization holds $5.1M in liabilities against $2.5M in assets (debt-to-asset ratio: 201.1%), resulting in net assets of $-2,568,509.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $4.0M | $3.8M | $2.5M | $5.1M | — | — |
| 2019 | $3.8M | $4.3M | $4.4M | $6.7M | — | View 990 |
| 2018 | $3.7M | $4.3M | $4.4M | $6.3M | — | View 990 |
| 2017 | $3.9M | $4.4M | $4.7M | $6.0M | — | — |
| 2016 | $3.8M | $4.7M | $4.7M | $5.8M | — | View 990 |
| 2015 | $3.7M | $4.2M | $5.1M | $5.4M | — | View 990 |
| 2014 | $4.5M | $4.9M | $5.5M | $5.2M | — | View 990 |
| 2013 | $4.6M | $5.0M | $6.3M | $5.6M | — | View 990 |
| 2012 | $4.3M | $4.6M | $6.1M | $5.0M | — | View 990 |
| 2011 | $4.2M | $4.7M | $6.5M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $4.0M, expenses of $3.8M, and assets of $2.5M (revenue +3.8% year-over-year).
- 2019: Revenue of $3.8M, expenses of $4.3M, and assets of $4.4M (revenue +3.8% year-over-year).
- 2018: Revenue of $3.7M, expenses of $4.3M, and assets of $4.4M (revenue -6.4% year-over-year).
- 2017: Revenue of $3.9M, expenses of $4.4M, and assets of $4.7M (revenue +3.3% year-over-year).
- 2016: Revenue of $3.8M, expenses of $4.7M, and assets of $4.7M (revenue +3.7% year-over-year).
- 2015: Revenue of $3.7M, expenses of $4.2M, and assets of $5.1M (revenue -17.5% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.9M, and assets of $5.5M (revenue -4.3% year-over-year).
- 2013: Revenue of $4.6M, expenses of $5.0M, and assets of $6.3M (revenue +8.4% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.6M, and assets of $6.1M (revenue +2.3% year-over-year).
- 2011: Revenue of $4.2M, expenses of $4.7M, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forest Hill Field Club:
Data Sources and Methodology
This transparency report for Forest Hill Field 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.