Glen Oak Country Club
EIN: 240807921 · Waverly Twp, PA
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $4.5M |
| Net Assets | $1.2M |
Is Glen Oak Country Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glen Oak Country Club
Glen Oak Country Club (EIN: 240807921) is a nonprofit organization based in Waverly Twp, PA. The organization reported total revenue of $4.9M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glen Oak Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glen Oak Country Club is a mid-size nonprofit that has been operating for 71 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-233,450 |
| Total Assets | $4.0M |
| Total Liabilities | $2.8M |
| Net Assets | $1.2M |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 69.5% |
| Months of Reserves | 10.7 months |
Financial Health Grade: C
In 2024, Glen Oak Country Club reported a deficit of $233K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 69.5% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Glen Oak Country Club's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.5% | +6.6% | -7.8% |
| 2023 | +3.9% | +6.9% | +2.6% |
| 2022 | +6.9% | +10.9% | -2.4% |
| 2021 | +22.1% | +9.7% | +8.3% |
| 2020 | -6.2% | -6.5% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glen Oak Country Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Glen Oak Country Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $233K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.5%.
Frequently Asked Questions about Glen Oak Country Club
Is Glen Oak Country Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Glen Oak Country Club (EIN: 240807921) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glen Oak Country Club spend its money?
Detailed spending breakdown data is not yet available for Glen Oak Country Club. Check back for updated IRS 990 analysis.
Are donations to Glen Oak Country Club tax-deductible?
Glen Oak Country Club is registered as a tax-exempt nonprofit (EIN: 240807921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glen Oak Country Club located?
Glen Oak Country Club is headquartered in Waverly Twp, Pennsylvania and files with the IRS under EIN 240807921.
How many years of IRS 990 filings does Glen Oak Country Club have?
Glen Oak Country Club 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 $4.9M in total revenue.
Filing History
IRS 990 filing history for Glen Oak Country Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Glen Oak Country Club's revenue has grown by 30.6%, moving from $3.3M to $4.3M. Total assets decreased by 0.8% over the same period, from $4.1M to $4.0M. Total functional expenses rose by 41.7%, from $3.2M to $4.5M. In its most recent filing year (2024), Glen Oak Country Club reported a deficit of $233K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $4.0M in assets (debt-to-asset ratio: 69.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.3M | $4.5M | $4.0M | $2.8M | — | View 990 |
| 2023 | $4.3M | $4.2M | $4.4M | $2.9M | — | View 990 |
| 2022 | $4.1M | $4.0M | $4.3M | $2.9M | — | — |
| 2021 | $3.9M | $3.6M | $4.4M | $3.2M | — | View 990 |
| 2020 | $3.2M | $3.3M | $4.0M | $3.2M | — | View 990 |
| 2019 | $3.4M | $3.5M | $4.1M | $3.2M | — | View 990 |
| 2018 | $3.2M | $3.4M | $4.4M | $3.3M | — | View 990 |
| 2017 | $3.3M | $3.4M | $4.4M | $3.2M | — | View 990 |
| 2016 | $3.3M | $3.5M | $4.6M | $3.4M | — | View 990 |
| 2015 | $3.3M | $3.5M | $5.0M | $3.5M | — | View 990 |
| 2014 | $3.2M | $3.4M | $5.1M | $3.5M | — | View 990 |
| 2013 | $3.4M | $3.4M | $4.9M | $3.2M | — | View 990 |
| 2012 | $3.4M | $3.4M | $4.0M | $2.3M | — | View 990 |
| 2011 | $3.3M | $3.2M | $4.1M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.3M, expenses of $4.5M, and assets of $4.0M (revenue -0.5% year-over-year).
- 2023: Revenue of $4.3M, expenses of $4.2M, and assets of $4.4M (revenue +3.9% year-over-year).
- 2022: Revenue of $4.1M, expenses of $4.0M, and assets of $4.3M (revenue +6.9% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.6M, and assets of $4.4M (revenue +22.1% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.3M, and assets of $4.0M (revenue -6.2% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.5M, and assets of $4.1M (revenue +4.2% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.4M, and assets of $4.4M (revenue -2.5% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.4M, and assets of $4.4M (revenue +2.4% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.5M, and assets of $4.6M (revenue -2.7% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.5M, and assets of $5.0M (revenue +3.3% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.4M, and assets of $5.1M (revenue -4.1% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.4M, and assets of $4.9M (revenue -1.2% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.4M, and assets of $4.0M (revenue +4.2% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.2M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glen Oak Country Club:
Data Sources and Methodology
This transparency report for Glen Oak Country 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.