Head Of The Bay Club Inc
Head Of The Bay Club Inc maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 111866302 · Halesite, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.7 |
| Net Assets | $2.1M |
| Transparency Score | 85/100 |
Is Head Of The Bay Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Head Of The Bay Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Head Of The Bay Club Inc
Head Of The Bay Club Inc (EIN: 111866302) is a nonprofit organization based in Halesite, NY. The organization reported total revenue of $3.7M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Head Of The Bay Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Head Of The Bay Club Inc is a mid-size nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$348K |
| Total Assets | $3.3M |
| Total Liabilities | $1.2M |
| Net Assets | $2.1M |
| Operating Margin | 16.2% |
| Debt-to-Asset Ratio | 36.2% |
| Months of Reserves | 22.2 months |
Financial Health Grade: A
In 2023, Head Of The Bay Club Inc reported a surplus of $348K with revenue exceeding expenses, holds 22.2 months of operating reserves (strong position), has a debt-to-asset ratio of 36.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Head Of The Bay Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | -2.2% | -0.7% |
| 2022 | +6.4% | +6.7% | +27.2% |
| 2021 | -13.8% | -17.3% | +1.4% |
| 2020 | -15.7% | -6.8% | +11.5% |
| 2019 | +3.0% | -1.7% | +18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
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 Head Of The Bay Club Inc 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, Head Of The Bay Club Inc 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:
- The organization reported a surplus of $348K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.2%.
Executive Compensation Analysis
Head Of The Bay Club Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with revenues exceeding $1.7 million annually. This suggests either a fully volunteer-led executive team or that compensation is structured in a way not reported as 'officer compensation' on the 990, warranting further investigation.
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 Head Of The Bay Club Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
- Consistent 0% officer compensation is unusual for an organization of this size and warrants further inquiry into leadership structure and compensation practices.
Strengths
The following positive indicators were identified for Head Of The Bay Club Inc:
- Consistent positive net income in most recent years (e.g., 2023 revenue $2,148,500 vs. expenses $1,800,060).
- Healthy asset growth from $1,973,560 in 2018 to $3,329,840 in 2023.
- Stable revenue streams, consistently above $1.7 million annually.
- Low liabilities relative to assets in recent years, indicating good financial solvency (e.g., 2023 assets $3,329,840 vs. liabilities $1,206,517).
Frequently Asked Questions about Head Of The Bay Club Inc
Is Head Of The Bay Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Head Of The Bay Club Inc (EIN: 111866302) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Head Of The Bay Club Inc spend its money?
Head Of The Bay Club Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Head Of The Bay Club Inc tax-deductible?
Head Of The Bay Club Inc is registered as a tax-exempt nonprofit (EIN: 111866302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Head Of The Bay Club Inc CEO make?
Head Of The Bay Club Inc's highest-compensated officer earns $1.7 annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Head Of The Bay Club Inc's spending goes to programs?
Head Of The Bay Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Head Of The Bay Club Inc located?
Head Of The Bay Club Inc is headquartered in Halesite, New York and files with the IRS under EIN 111866302.
How many years of IRS 990 filings does Head Of The Bay Club Inc have?
Head Of The Bay 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 $3.7M in total revenue.
Is Head Of The Bay Club Inc a good charity?
Based on the available financial data, Head Of The Bay Club Inc appears to be a financially stable organization with consistent revenue and asset growth. The absence of reported officer compensation is a unique characteristic that could indicate a high dedication to its mission, though further detail on expense allocation would provide a more complete picture of its programmatic impact.
How does Head Of The Bay Club Inc manage its expenses?
The organization consistently manages its expenses below its revenue in most recent years, such as in 2023 where expenses were $1,800,060 against revenues of $2,148,500. This indicates prudent financial management and an ability to operate within its means, often generating a surplus.
What is the trend in Head Of The Bay Club Inc's assets?
Head Of The Bay Club Inc has shown a positive trend in its assets, growing from $1,973,560 in 2018 to $3,329,840 in 2023. This indicates a healthy accumulation of resources and financial strengthening over time.
Why is there no officer compensation reported?
The IRS 990 filings consistently report 0% officer compensation. This could mean that the organization is entirely run by volunteers at the executive level, or that any compensation for leadership is categorized differently and not reported under 'officer compensation' on the 990 form. This is an unusual finding for an organization of its size and revenue.
Filing History
IRS 990 filing history for Head Of The Bay Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Head Of The Bay Club Inc's revenue has grown by 7.8%, moving from $2.0M to $2.1M. Total assets increased by 22.5% over the same period, from $2.7M to $3.3M. Total functional expenses fell by 9.5%, from $2.0M to $1.8M. In its most recent filing year (2023), Head Of The Bay Club Inc reported a surplus of $348K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $3.3M in assets (debt-to-asset ratio: 36.2%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.8M | $3.3M | $1.2M | — | — |
| 2022 | $1.8M | $1.8M | $3.4M | $1.6M | — | View 990 |
| 2021 | $1.7M | $1.7M | $2.6M | $824K | — | View 990 |
| 2020 | $2.0M | $2.1M | $2.6M | $768K | — | View 990 |
| 2019 | $2.3M | $2.2M | $2.3M | $389K | — | — |
| 2018 | $2.3M | $2.3M | $2.0M | $139K | — | View 990 |
| 2017 | $2.3M | $2.2M | $2.1M | $246K | — | View 990 |
| 2016 | $2.2M | $2.1M | $2.2M | $453K | — | View 990 |
| 2015 | $2.1M | $2.1M | $2.3M | $650K | — | View 990 |
| 2014 | $2.2M | $2.1M | $2.4M | $826K | — | View 990 |
| 2013 | $2.0M | $2.0M | $2.6M | $1.1M | — | View 990 |
| 2012 | $1.9M | $2.0M | $2.6M | $1.1M | — | View 990 |
| 2011 | $2.0M | $2.0M | $2.7M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.8M, and assets of $3.3M (revenue +18.4% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $3.4M (revenue +6.4% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $2.6M (revenue -13.8% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.1M, and assets of $2.6M (revenue -15.7% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $2.3M (revenue +3.0% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.3M, and assets of $2.0M (revenue -0.2% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $2.1M (revenue +2.3% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.1M, and assets of $2.2M (revenue +4.8% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $2.3M (revenue -2.1% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.1M, and assets of $2.4M (revenue +8.0% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $2.6M (revenue +4.9% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.0M, and assets of $2.6M (revenue -3.7% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.0M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Head Of The Bay Club Inc:
Data Sources and Methodology
This transparency report for Head Of The Bay 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.