Fountaingrove Golf & Athletic Club
Fountaingrove Golf & Athletic Club shows strong asset growth and consistent revenue, with zero reported officer compensation.
EIN: 141943437 · Santa Rosa, CA · NTEE: N50 · Updated: 2026-03-28
Is Fountaingrove Golf & Athletic Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fountaingrove Golf & Athletic Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fountaingrove Golf & Athletic Club
Fountaingrove Golf & Athletic Club (EIN: 141943437) is a nonprofit organization based in Santa Rosa, CA, classified under NTEE code N50. The organization reported total revenue of $14.7M and total assets of $47.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fountaingrove Golf & Athletic Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fountaingrove Golf & Athletic Club is a large nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.6M |
| Total Expenses | $9.4M |
| Surplus / Deficit | +$5.3M |
| Total Assets | $43.8M |
| Total Liabilities | $1.3M |
| Net Assets | $42.4M |
| Operating Margin | 36.1% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 56.2 months |
Financial Health Grade: A
In 2023, Fountaingrove Golf & Athletic Club reported a surplus of $5.3M with revenue exceeding expenses, holds 56.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Fountaingrove Golf & Athletic Club's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.6% | +4.3% | +14.3% |
| 2022 | +92.4% | +31.6% | +11.7% |
| 2021 | +36.6% | +16.3% | +31.4% |
| 2020 | +29.1% | -7.7% | +7.6% |
| 2019 | -78.0% | -22.1% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Fountaingrove Golf & Athletic Club with a Mission Score of 60 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Fountaingrove Golf & Athletic Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $5.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer roles, which is unusual for an organization of its size with nearly $15 million in annual revenue and over $46 million in assets.
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 Fountaingrove Golf & Athletic Club's IRS 990 filings:
- Consistently 0% officer compensation for a large organization, which may obscure executive remuneration details.
- NTEE code N50 indicates a social club, not a public charity, which might be misunderstood by those seeking to evaluate it as a charitable entity.
Strengths
The following positive indicators were identified for Fountaingrove Golf & Athletic Club:
- Strong and consistent revenue generation, with latest revenue at $14,693,543.
- Significant asset growth, from $5,003,380 in 2016 to $46,975,473 currently, indicating financial health and investment.
- Expenses generally well below revenue, demonstrating effective financial management.
- Consistent filing history (14 filings) indicating good regulatory compliance and transparency in reporting.
Frequently Asked Questions about Fountaingrove Golf & Athletic Club
Is Fountaingrove Golf & Athletic Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Fountaingrove Golf & Athletic Club (EIN: 141943437) some concerns. Mission Score: 60/100. 2 red flags identified, 4 strengths noted.
How does Fountaingrove Golf & Athletic Club spend its money?
Fountaingrove Golf & Athletic Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fountaingrove Golf & Athletic Club tax-deductible?
Fountaingrove Golf & Athletic Club is registered as a tax-exempt nonprofit (EIN: 141943437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Fountaingrove Golf & Athletic Club a public charity?
No, Fountaingrove Golf & Athletic Club is classified under NTEE code N50, which typically denotes a social or recreational club, not a public charity. Its financial activities primarily benefit its members.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all 14 filings is unusual for an organization with annual revenues exceeding $14 million. This could mean that executive leadership is unpaid, compensated through a related entity, or that compensation is categorized differently within the IRS 990, such as under general salaries and wages rather than specific officer compensation.
How has the organization's asset base changed over time?
The organization's assets have grown substantially, from $5,003,380 in 2016 to $46,975,473 currently, indicating significant financial growth and investment in its facilities or other holdings.
What is the primary purpose of its spending?
As a golf and athletic club, the primary purpose of its spending is to maintain and operate its facilities, provide services to its members, and cover general administrative costs. This is reflected in its NTEE code N50.
Is the organization financially stable?
Yes, the organization appears financially stable, consistently generating more revenue than expenses (e.g., $14,631,978 revenue vs. $9,353,819 expenses in 2023) and accumulating significant assets, which grew from $38,325,168 in 2022 to $43,793,042 in 2023.
Filing History
IRS 990 filing history for Fountaingrove Golf & Athletic Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Fountaingrove Golf & Athletic Club's revenue has grown by 197.5%, moving from $4.9M to $14.6M. Total assets increased by 685.4% over the same period, from $5.6M to $43.8M. Total functional expenses rose by 74%, from $5.4M to $9.4M. In its most recent filing year (2023), Fountaingrove Golf & Athletic Club reported a surplus of $5.3M, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $43.8M in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $42.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.6M | $9.4M | $43.8M | $1.3M | — | — |
| 2022 | $19.1M | $9.0M | $38.3M | $1.2M | — | View 990 |
| 2021 | $10.0M | $6.8M | $34.3M | $7.3M | — | View 990 |
| 2020 | $7.3M | $5.9M | $26.1M | $2.3M | — | — |
| 2019 | $5.6M | $6.3M | $24.3M | $1.8M | — | — |
| 2018 | $25.6M | $8.1M | $25.2M | $2.1M | — | View 990 |
| 2017 | $12.3M | $6.8M | $11.9M | $6.2M | — | View 990 |
| 2016 | $5.4M | $5.4M | $5.0M | $4.8M | — | — |
| 2015 | $5.2M | $5.1M | $5.5M | $5.1M | — | View 990 |
| 2014 | $5.0M | $5.1M | $5.2M | $5.0M | — | View 990 |
| 2013 | $5.0M | $5.1M | $5.2M | $5.0M | — | View 990 |
| 2012 | $4.8M | $4.7M | $6.0M | $5.2M | — | View 990 |
| 2011 | $5.0M | $4.8M | $5.8M | $4.9M | — | View 990 |
| 2010 | $4.9M | $5.4M | $5.6M | $4.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.6M, expenses of $9.4M, and assets of $43.8M (revenue -23.6% year-over-year).
- 2022: Revenue of $19.1M, expenses of $9.0M, and assets of $38.3M (revenue +92.4% year-over-year).
- 2021: Revenue of $10.0M, expenses of $6.8M, and assets of $34.3M (revenue +36.6% year-over-year).
- 2020: Revenue of $7.3M, expenses of $5.9M, and assets of $26.1M (revenue +29.1% year-over-year).
- 2019: Revenue of $5.6M, expenses of $6.3M, and assets of $24.3M (revenue -78.0% year-over-year).
- 2018: Revenue of $25.6M, expenses of $8.1M, and assets of $25.2M (revenue +108.4% year-over-year).
- 2017: Revenue of $12.3M, expenses of $6.8M, and assets of $11.9M (revenue +127.4% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.4M, and assets of $5.0M (revenue +3.0% year-over-year).
- 2015: Revenue of $5.2M, expenses of $5.1M, and assets of $5.5M (revenue +4.5% year-over-year).
- 2014: Revenue of $5.0M, expenses of $5.1M, and assets of $5.2M (revenue -0.3% year-over-year).
- 2013: Revenue of $5.0M, expenses of $5.1M, and assets of $5.2M (revenue +6.0% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.7M, and assets of $6.0M (revenue -4.4% year-over-year).
- 2011: Revenue of $5.0M, expenses of $4.8M, and assets of $5.8M (revenue +1.1% year-over-year).
- 2010: Revenue of $4.9M, expenses of $5.4M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fountaingrove Golf & Athletic Club:
Data Sources and Methodology
This transparency report for Fountaingrove Golf & Athletic 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.