Hackensack Golf Club

Hackensack Golf Club consistently generates operational surpluses with stable assets and no reported officer compensation.

EIN: 220970630 · Oradell, NJ · Updated: 2026-03-28

$12.7MRevenue
$11.7MGross Revenue
$14.7MAssets
85/100Mission Score (Excellent)
Hackensack Golf Club Financial Summary
MetricValue
Total Revenue$12.7M
Total Expenses$10.2M
Program Spending85%
CEO/Top Officer Pay$10
Net Assets$8.8M
Transparency Score85/100

Is Hackensack Golf Club Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hackensack Golf Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hackensack Golf Club

Hackensack Golf Club (EIN: 220970630) is a nonprofit organization based in Oradell, NJ. The organization reported total revenue of $12.7M and total assets of $14.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hackensack Golf Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

95Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Hackensack Golf Club is a large nonprofit that has been operating for 95 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$10.5M
Total Expenses$10.2M
Surplus / Deficit+$269K
Total Assets$14.4M
Total Liabilities$5.6M
Net Assets$8.8M
Operating Margin2.6%
Debt-to-Asset Ratio38.8%
Months of Reserves16.8 months

Financial Health Grade: A

In 2023, Hackensack Golf Club reported a surplus of $269K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 38.8% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Hackensack Golf Club's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+8.9%+8.9%-1.3%
2022+15.0%+20.5%-0.2%
2021-4.7%-9.9%-2.8%
2020+7.2%+3.1%+1.6%
2019+1.8%-1.2%-4.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1931

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hackensack Golf Club consistently reports strong revenues, with the latest filing showing $10,505,281 in revenue against $10,236,719 in expenses for the 202303 period, indicating a surplus. The organization's assets have remained relatively stable over the past decade, hovering around $14-15 million, with current assets at $14,364,751. Liabilities have fluctuated but are manageable relative to assets, standing at $5,566,677 in the most recent period. The club appears to be financially stable and well-managed, consistently generating more revenue than expenses in recent years. Given the nature of a golf club, the primary 'program' spending would be on maintaining the course, facilities, and providing services to members. Without a detailed functional expense breakdown (which is not provided in the summary data), it's challenging to precisely assess spending efficiency in terms of program vs. administrative costs. However, the consistent operational surpluses suggest efficient management of resources to meet its objectives as a golf club. Transparency regarding executive compensation is high, as the filings consistently report 0% officer compensation, indicating that the club's leadership is likely volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the club operates with a non-salaried executive structure. This level of transparency regarding executive pay is commendable, though a full understanding of all compensation practices would require deeper analysis of the complete 990 forms.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hackensack Golf Club with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Hackensack Golf Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$10.5MTotal Revenue
$10.2MTotal Expenses
$14.4MTotal Assets
$5.6MTotal Liabilities
$8.8MNet Assets
  • The organization reported a surplus of $269K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 38.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, suggesting that officers are not compensated or are compensated in a manner not reported as officer compensation on the 990, which is a strong indicator of volunteer leadership or a highly efficient compensation structure for an organization of its size with over $10 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.

Strengths

The following positive indicators were identified for Hackensack Golf Club:

  • Consistent operational surpluses (e.g., $268,562 surplus in 202303).
  • Stable and growing revenue over the past decade.
  • No reported officer compensation, indicating efficient use of funds or volunteer leadership.
  • Healthy asset base relative to liabilities ($14,364,751 assets vs. $5,566,677 liabilities in 202303).

Frequently Asked Questions about Hackensack Golf Club

Is Hackensack Golf Club a legitimate charity?

Hackensack Golf Club (EIN: 220970630) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.7M. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Hackensack Golf Club spend its money?

Hackensack Golf Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Hackensack Golf Club tax-deductible?

Hackensack Golf Club is registered as a tax-exempt nonprofit (EIN: 220970630). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Hackensack Golf Club CEO make?

Hackensack Golf Club's highest-compensated officer earns $10 annually. The organization reported $12.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Hackensack Golf Club's spending goes to programs?

Hackensack Golf Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Hackensack Golf Club located?

Hackensack Golf Club is headquartered in Oradell, New Jersey and files with the IRS under EIN 220970630.

How many years of IRS 990 filings does Hackensack Golf Club have?

Hackensack Golf Club 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 $12.7M in total revenue.

Is Hackensack Golf Club financially stable?

Yes, Hackensack Golf Club appears financially stable, consistently reporting revenues exceeding expenses in recent years (e.g., $10,505,281 revenue vs. $10,236,719 expenses in 202303) and maintaining stable assets around $14-15 million.

How does Hackensack Golf Club manage executive compensation?

The IRS 990 filings consistently show 0% officer compensation, indicating that the club's leadership is likely volunteer-based or compensated through means not categorized as officer compensation on the 990.

Has Hackensack Golf Club's revenue grown over time?

Yes, revenue has shown a consistent upward trend, growing from $7,087,764 in 201403 to $10,505,281 in 202303.

Filing History

IRS 990 filing history for Hackensack Golf Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hackensack Golf Club's revenue has grown by 68.3%, moving from $6.2M to $10.5M. Total assets increased by 58.9% over the same period, from $9.0M to $14.4M. Total functional expenses rose by 59.4%, from $6.4M to $10.2M. In its most recent filing year (2023), Hackensack Golf Club reported a surplus of $269K, with revenue exceeding expenses. The organization holds $5.6M in liabilities against $14.4M in assets (debt-to-asset ratio: 38.8%), resulting in net assets of $8.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $10.5M $10.2M $14.4M $5.6M View 990
2022 $9.6M $9.4M $14.6M $6.3M View 990
2021 $8.4M $7.8M $14.6M $7.0M
2020 $8.8M $8.6M $15.0M $8.4M
2019 $8.2M $8.4M $14.8M $7.7M View 990
2018 $8.1M $8.5M $15.4M $7.6M View 990
2017 $7.8M $8.1M $16.3M $8.4M View 990
2016 $8.1M $7.8M $15.2M $7.1M View 990
2015 $7.6M $7.3M $14.8M $6.8M View 990
2014 $7.1M $7.0M $12.1M $4.0M View 990
2013 $6.4M $6.8M $12.0M $5.2M View 990
2012 $6.1M $6.5M $8.7M $1.5M View 990
2011 $6.2M $6.4M $9.0M $1.4M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $10.5M, expenses of $10.2M, and assets of $14.4M (revenue +8.9% year-over-year).
  • 2022: Revenue of $9.6M, expenses of $9.4M, and assets of $14.6M (revenue +15.0% year-over-year).
  • 2021: Revenue of $8.4M, expenses of $7.8M, and assets of $14.6M (revenue -4.7% year-over-year).
  • 2020: Revenue of $8.8M, expenses of $8.6M, and assets of $15.0M (revenue +7.2% year-over-year).
  • 2019: Revenue of $8.2M, expenses of $8.4M, and assets of $14.8M (revenue +1.8% year-over-year).
  • 2018: Revenue of $8.1M, expenses of $8.5M, and assets of $15.4M (revenue +3.2% year-over-year).
  • 2017: Revenue of $7.8M, expenses of $8.1M, and assets of $16.3M (revenue -2.9% year-over-year).
  • 2016: Revenue of $8.1M, expenses of $7.8M, and assets of $15.2M (revenue +6.5% year-over-year).
  • 2015: Revenue of $7.6M, expenses of $7.3M, and assets of $14.8M (revenue +6.8% year-over-year).
  • 2014: Revenue of $7.1M, expenses of $7.0M, and assets of $12.1M (revenue +11.2% year-over-year).
  • 2013: Revenue of $6.4M, expenses of $6.8M, and assets of $12.0M (revenue +3.8% year-over-year).
  • 2012: Revenue of $6.1M, expenses of $6.5M, and assets of $8.7M (revenue -1.6% year-over-year).
  • 2011: Revenue of $6.2M, expenses of $6.4M, and assets of $9.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hackensack Golf Club:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hackensack Golf 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.

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