Glen Head Country Club Inc
Glen Head Country Club Inc. consistently operates at a deficit with liabilities exceeding assets.
EIN: 111569376 · Glen Head, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.6M |
| Total Expenses | $12.7M |
| Program Spending | 80% |
| Net Assets | $-2,881,618 |
| Transparency Score | 40/100 |
Is Glen Head Country Club Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Glen Head Country Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Glen Head Country Club Inc
Glen Head Country Club Inc (EIN: 111569376) is a nonprofit organization based in Glen Head, NY. The organization reported total revenue of $15.6M and total assets of $15.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glen Head Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glen Head Country Club Inc is a large nonprofit that has been operating for 76 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $12.7M |
| Surplus / Deficit | $-413,310 |
| Total Assets | $14.1M |
| Total Liabilities | $17.0M |
| Net Assets | $-2,881,618 |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 120.4% |
| Months of Reserves | 13.4 months |
Financial Health Grade: C
In 2023, Glen Head Country Club Inc reported a deficit of $413K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 120.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Glen Head Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +6.4% | +1.2% |
| 2022 | +15.3% | +14.0% | +0.9% |
| 2021 | +25.5% | +12.0% | +0.5% |
| 2020 | -17.9% | -8.0% | -4.3% |
| 2019 | +16.3% | +16.2% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1950 |
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 Glen Head Country Club Inc 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, Glen Head 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 $413K, with expenses exceeding revenue.
- Debt-to-asset ratio: 120.4%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, including the latest period 202312, which suggests that executive leadership may be uncompensated or compensated through mechanisms not categorized as officer compensation on the IRS 990.
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 Glen Head Country Club Inc's IRS 990 filings:
- Consistent operational deficits (e.g., $12,672,654 expenses vs. $12,259,344 revenue in 202312).
- Liabilities consistently exceed assets (e.g., $16,988,995 liabilities vs. $14,107,377 assets in 202312).
- Unknown NTEE code, making it difficult to assess its specific charitable purpose and efficiency against sector benchmarks.
- No reported officer compensation, which could indicate a lack of transparency if compensation is simply categorized elsewhere.
Strengths
The following positive indicators were identified for Glen Head Country Club Inc:
- Consistent revenue generation over time, with latest revenue at $15,598,644.
- Long filing history (14 filings), indicating consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Glen Head Country Club Inc
Is Glen Head Country Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Glen Head Country Club Inc (EIN: 111569376) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Glen Head Country Club Inc spend its money?
Glen Head Country Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Glen Head Country Club Inc tax-deductible?
Glen Head Country Club Inc is registered as a tax-exempt nonprofit (EIN: 111569376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Glen Head Country Club Inc's spending goes to programs?
Glen Head Country Club Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Glen Head Country Club Inc located?
Glen Head Country Club Inc is headquartered in Glen Head, New York and files with the IRS under EIN 111569376.
How many years of IRS 990 filings does Glen Head Country Club Inc have?
Glen Head Country Club Inc has 14 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 $15.6M in total revenue.
What is the primary purpose of Glen Head Country Club Inc. as a nonprofit?
Without an NTEE code or detailed program descriptions, it's difficult to ascertain the specific charitable or public benefit mission beyond providing country club services, which are typically member-focused.
How does Glen Head Country Club Inc. cover its consistent operational deficits?
The organization consistently reports expenses exceeding revenue (e.g., $12,672,654 expenses vs. $12,259,344 revenue in 202312). This suggests reliance on drawing down reserves, capital contributions, or other non-operating income sources not detailed in the provided summary.
Why do liabilities consistently exceed assets?
For example, in 202312, liabilities were $16,988,995 while assets were $14,107,377. This indicates a significant debt burden or long-term financial obligations that outweigh the organization's current holdings, raising questions about long-term financial stability.
Is the absence of officer compensation a complete picture of executive remuneration?
The filings consistently show 0% officer compensation. It's possible that executives are volunteers, or their compensation is reported under other expense categories, which would require a deeper dive into the full 990 forms for clarity.
Filing History
IRS 990 filing history for Glen Head Country Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Glen Head Country Club Inc's revenue has grown by 71%, moving from $7.2M to $12.3M. Total assets increased by 27.2% over the same period, from $11.1M to $14.1M. Total functional expenses rose by 67%, from $7.6M to $12.7M. In its most recent filing year (2023), Glen Head Country Club Inc reported a deficit of $413K, with expenses exceeding revenue. The organization holds $17.0M in liabilities against $14.1M in assets (debt-to-asset ratio: 120.4%), resulting in net assets of $-2,881,618.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $12.7M | $14.1M | $17.0M | — | — |
| 2022 | $11.5M | $11.9M | $13.9M | $17.3M | — | View 990 |
| 2021 | $9.9M | $10.4M | $13.8M | $16.7M | — | View 990 |
| 2020 | $7.9M | $9.3M | $13.7M | $16.9M | — | — |
| 2019 | $9.6M | $10.1M | $14.4M | $16.7M | — | — |
| 2018 | $8.3M | $8.7M | $14.9M | $16.8M | — | View 990 |
| 2017 | $7.6M | $8.5M | $14.8M | $16.3M | — | View 990 |
| 2016 | $7.3M | $7.7M | $14.9M | $15.5M | — | View 990 |
| 2015 | $7.6M | $8.0M | $12.3M | $12.4M | — | View 990 |
| 2014 | $7.3M | $8.3M | $10.7M | $10.3M | — | View 990 |
| 2013 | $7.3M | $7.8M | $10.4M | $9.3M | — | View 990 |
| 2012 | $7.3M | $7.9M | $10.7M | $9.1M | — | View 990 |
| 2011 | $7.0M | $7.6M | $11.3M | $9.1M | — | View 990 |
| 2010 | $7.2M | $7.6M | $11.1M | $8.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $12.7M, and assets of $14.1M (revenue +7.0% year-over-year).
- 2022: Revenue of $11.5M, expenses of $11.9M, and assets of $13.9M (revenue +15.3% year-over-year).
- 2021: Revenue of $9.9M, expenses of $10.4M, and assets of $13.8M (revenue +25.5% year-over-year).
- 2020: Revenue of $7.9M, expenses of $9.3M, and assets of $13.7M (revenue -17.9% year-over-year).
- 2019: Revenue of $9.6M, expenses of $10.1M, and assets of $14.4M (revenue +16.3% year-over-year).
- 2018: Revenue of $8.3M, expenses of $8.7M, and assets of $14.9M (revenue +9.5% year-over-year).
- 2017: Revenue of $7.6M, expenses of $8.5M, and assets of $14.8M (revenue +4.3% year-over-year).
- 2016: Revenue of $7.3M, expenses of $7.7M, and assets of $14.9M (revenue -4.7% year-over-year).
- 2015: Revenue of $7.6M, expenses of $8.0M, and assets of $12.3M (revenue +4.2% year-over-year).
- 2014: Revenue of $7.3M, expenses of $8.3M, and assets of $10.7M (revenue +0.7% year-over-year).
- 2013: Revenue of $7.3M, expenses of $7.8M, and assets of $10.4M (revenue -0.6% year-over-year).
- 2012: Revenue of $7.3M, expenses of $7.9M, and assets of $10.7M (revenue +4.9% year-over-year).
- 2011: Revenue of $7.0M, expenses of $7.6M, and assets of $11.3M (revenue -2.9% year-over-year).
- 2010: Revenue of $7.2M, expenses of $7.6M, and assets of $11.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glen Head Country Club Inc:
Data Sources and Methodology
This transparency report for Glen Head 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.