Gardiners Bay Country Club Inc
Gardiners Bay Country Club Inc. maintains stable finances with increasing assets and no reported officer compensation.
EIN: 111679626 · Shelter Is Ht, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $6.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $14.2M |
| Transparency Score | 70/100 |
Is Gardiners Bay Country Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gardiners Bay Country Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gardiners Bay Country Club Inc
Gardiners Bay Country Club Inc (EIN: 111679626) is a nonprofit organization based in Shelter Is Ht, NY. The organization reported total revenue of $8.0M and total assets of $25.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gardiners Bay Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gardiners Bay Country Club Inc is a mid-size nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $6.6M |
| Surplus / Deficit | $-44,832 |
| Total Assets | $25.1M |
| Total Liabilities | $11.0M |
| Net Assets | $14.2M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 43.6% |
| Months of Reserves | 45.8 months |
Financial Health Grade: B
In 2023, Gardiners Bay Country Club Inc reported a deficit of $45K with expenses exceeding revenue, holds 45.8 months of operating reserves (strong position), has a debt-to-asset ratio of 43.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gardiners Bay Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | +30.2% | +13.7% |
| 2022 | +11.6% | -5.1% | -7.0% |
| 2021 | +18.2% | +18.5% | +1.1% |
| 2020 | +3.7% | -0.3% | -0.4% |
| 2019 | -7.5% | +9.8% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
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 Gardiners Bay Country Club Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gardiners Bay Country Club Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation on its IRS 990 filings, indicating that its leadership is either uncompensated or compensated through means not reported in this section of the form, which is unusual for an organization of its size with over $6 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 Gardiners Bay Country Club Inc's IRS 990 filings:
- NTEE Code is unknown, making it difficult to understand its specific charitable purpose and compare it to peers.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data prevents a thorough efficiency analysis.
- Consistent reporting of 0% officer compensation on 990s for an organization of this size could indicate compensation is structured in a less transparent manner or that leadership is entirely volunteer, which is unusual for an entity with over $6 million in revenue.
Strengths
The following positive indicators were identified for Gardiners Bay Country Club Inc:
- Consistent revenue growth over the past decade, from $4.2 million in 2014 to $6.5 million in 2023.
- Healthy and growing asset base, reaching over $25 million in 2023, indicating financial stability.
- Liabilities are well-managed relative to assets, showing a strong balance sheet.
- Consistent filing of IRS 990s, demonstrating regulatory compliance.
Frequently Asked Questions about Gardiners Bay Country Club Inc
Is Gardiners Bay Country Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gardiners Bay Country Club Inc (EIN: 111679626) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Gardiners Bay Country Club Inc spend its money?
Gardiners Bay Country Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gardiners Bay Country Club Inc tax-deductible?
Gardiners Bay Country Club Inc is registered as a tax-exempt nonprofit (EIN: 111679626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gardiners Bay Country Club Inc CEO make?
Gardiners Bay Country Club Inc's highest-compensated officer earns $6 annually. The organization reported $8.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gardiners Bay Country Club Inc's spending goes to programs?
Gardiners Bay Country Club Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Gardiners Bay Country Club Inc located?
Gardiners Bay Country Club Inc is headquartered in Shelter Is Ht, New York and files with the IRS under EIN 111679626.
How many years of IRS 990 filings does Gardiners Bay Country Club Inc have?
Gardiners Bay Country Club Inc 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 $8.0M in total revenue.
Is Gardiners Bay Country Club Inc. a good charity?
Based on the provided IRS 990 data, Gardiners Bay Country Club Inc. appears to be a financially stable organization with growing assets and consistent revenue. However, without knowing its specific charitable mission and how its expenses are categorized (program vs. administrative), it's difficult to fully assess its 'goodness' as a charity. The lack of reported officer compensation is a unique characteristic.
What is the primary purpose of Gardiners Bay Country Club Inc.?
The provided data from the IRS 990 filings does not specify the NTEE code or a detailed mission statement. Given its name, it is likely a social or recreational club, which typically serves its members rather than the broader public as a traditional charity would.
How does Gardiners Bay Country Club Inc. manage its expenses?
The organization generally manages its expenses to be in line with its revenue, often operating near a break-even point or with a slight surplus/deficit. For example, in 2023, expenses ($6,593,933) were slightly higher than revenue ($6,549,101), while in 2022, revenue ($6,337,290) exceeded expenses ($5,064,442), indicating careful financial management year-to-year.
What is the trend in the organization's assets and liabilities?
Assets have shown a consistent upward trend, growing from $21.8 million in 2014 to over $25.1 million in 2023, indicating financial growth and stability. Liabilities have fluctuated but generally remained manageable, decreasing from $12.3 million in 2014 to $10.9 million in 2023, though there was an increase in 2023 compared to 2022.
Filing History
IRS 990 filing history for Gardiners Bay Country Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gardiners Bay Country Club Inc's revenue has grown by 78.2%, moving from $3.7M to $6.5M. Total assets increased by 241.1% over the same period, from $7.4M to $25.1M. Total functional expenses rose by 111.1%, from $3.1M to $6.6M. In its most recent filing year (2023), Gardiners Bay Country Club Inc reported a deficit of $45K, with expenses exceeding revenue. The organization holds $11.0M in liabilities against $25.1M in assets (debt-to-asset ratio: 43.6%), resulting in net assets of $14.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $6.6M | $25.1M | $11.0M | — | — |
| 2022 | $6.3M | $5.1M | $22.1M | $7.9M | — | View 990 |
| 2021 | $5.7M | $5.3M | $23.8M | $10.8M | — | View 990 |
| 2020 | $4.8M | $4.5M | $23.5M | $10.9M | — | — |
| 2019 | $4.6M | $4.5M | $23.6M | $11.3M | — | View 990 |
| 2018 | $5.0M | $4.1M | $23.5M | $11.3M | — | View 990 |
| 2017 | $4.3M | $3.9M | $23.0M | $11.6M | — | View 990 |
| 2016 | $4.3M | $3.7M | $22.7M | $11.8M | — | View 990 |
| 2015 | $4.3M | $3.5M | $22.4M | $12.1M | — | View 990 |
| 2014 | $4.2M | $3.6M | $21.8M | $12.3M | — | View 990 |
| 2013 | $4.1M | $3.2M | $21.4M | $12.5M | — | View 990 |
| 2012 | $3.8M | $3.1M | $21.6M | $13.7M | — | View 990 |
| 2011 | $3.7M | $3.1M | $7.4M | $154K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $6.6M, and assets of $25.1M (revenue +3.3% year-over-year).
- 2022: Revenue of $6.3M, expenses of $5.1M, and assets of $22.1M (revenue +11.6% year-over-year).
- 2021: Revenue of $5.7M, expenses of $5.3M, and assets of $23.8M (revenue +18.2% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.5M, and assets of $23.5M (revenue +3.7% year-over-year).
- 2019: Revenue of $4.6M, expenses of $4.5M, and assets of $23.6M (revenue -7.5% year-over-year).
- 2018: Revenue of $5.0M, expenses of $4.1M, and assets of $23.5M (revenue +16.9% year-over-year).
- 2017: Revenue of $4.3M, expenses of $3.9M, and assets of $23.0M (revenue -0.4% year-over-year).
- 2016: Revenue of $4.3M, expenses of $3.7M, and assets of $22.7M (revenue -0.1% year-over-year).
- 2015: Revenue of $4.3M, expenses of $3.5M, and assets of $22.4M (revenue +2.2% year-over-year).
- 2014: Revenue of $4.2M, expenses of $3.6M, and assets of $21.8M (revenue +1.5% year-over-year).
- 2013: Revenue of $4.1M, expenses of $3.2M, and assets of $21.4M (revenue +9.2% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.1M, and assets of $21.6M (revenue +3.3% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.1M, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gardiners Bay Country Club Inc:
Data Sources and Methodology
This transparency report for Gardiners Bay Country Club Inc 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.