Hempstead Golf Club Inc
Hempstead Golf Club Inc. maintains stable operations with fluctuating annual surpluses and deficits, reporting no officer compensation.
EIN: 110871370 · Hempstead, NY · NTEE: N6AZ · Updated: 2026-03-28
Is Hempstead Golf Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hempstead Golf Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hempstead Golf Club Inc
Hempstead Golf Club Inc (EIN: 110871370) is a nonprofit organization based in Hempstead, NY, classified under NTEE code N6AZ. The organization reported total revenue of $11.7M and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hempstead Golf Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hempstead Golf 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: 80%
- fundraising: 10%
According to IRS 990 filings, Hempstead Golf Club Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or their compensation is not reported in this category, which is a strong positive for financial efficiency and transparency relative to the organization's size and revenue of over $9 million annually.
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 Hempstead Golf Club Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship.
- Stable revenue and expense management over a decade, demonstrating operational resilience.
- Healthy asset base consistently exceeding liabilities, suggesting financial stability.
- Regular IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about Hempstead Golf Club Inc
Is Hempstead Golf Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hempstead Golf Club Inc (EIN: 110871370) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Hempstead Golf Club Inc spend its money?
Hempstead Golf Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hempstead Golf Club Inc tax-deductible?
Hempstead Golf Club Inc is registered as a tax-exempt nonprofit (EIN: 110871370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hempstead Golf Club Inc. financially stable?
Yes, the organization appears financially stable, consistently managing revenues and expenses in the $7-9 million range over the past decade, with assets generally exceeding liabilities. While there are occasional operational deficits, such as in 202304, these are not severe enough to suggest instability.
How does Hempstead Golf Club Inc. manage executive compensation?
Hempstead Golf Club Inc. reports 0% officer compensation in all available IRS 990 filings, which is a highly favorable indicator of financial stewardship and suggests that executive leadership may be voluntary or compensated through other means not categorized as officer compensation.
What is the trend in the organization's assets and liabilities?
Assets have generally been in the $9-10 million range, with the latest reported assets at $12,443,839. Liabilities have also fluctuated, for example, from $5,487,636 in 201604 down to $3,581,264 in 202204, and then up to $4,067,433 in 202304. The organization consistently maintains a healthy asset-to-liability ratio.
Filing History
IRS 990 filing history for Hempstead Golf Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hempstead Golf Club Inc's revenue has grown by 26.7%, moving from $7.3M to $9.2M. Total assets decreased by 11.7% over the same period, from $10.6M to $9.4M. Total functional expenses rose by 27%, from $7.4M to $9.4M. In its most recent filing year (2023), Hempstead Golf Club Inc reported a deficit of $215K, with expenses exceeding revenue. The organization holds $4.1M in liabilities against $9.4M in assets (debt-to-asset ratio: 43.3%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $9.4M | $9.4M | $4.1M | — | View 990 |
| 2022 | $9.1M | $8.7M | $9.1M | $3.6M | — | View 990 |
| 2021 | $8.3M | $8.0M | $9.5M | $4.4M | — | View 990 |
| 2020 | $8.5M | $8.1M | $8.8M | $4.0M | — | View 990 |
| 2019 | $8.0M | $8.2M | $9.3M | $4.9M | — | View 990 |
| 2018 | $8.1M | $7.9M | $9.7M | $5.2M | — | View 990 |
| 2017 | $7.8M | $7.9M | $9.7M | $5.3M | — | View 990 |
| 2016 | $7.8M | $7.9M | $10.0M | $5.5M | — | View 990 |
| 2015 | $7.4M | $7.8M | $9.8M | $5.2M | — | View 990 |
| 2014 | $7.7M | $7.9M | $10.1M | $5.0M | — | View 990 |
| 2013 | $7.6M | $7.9M | $10.7M | $5.5M | — | View 990 |
| 2012 | $7.4M | $7.6M | $10.2M | $4.8M | — | View 990 |
| 2011 | $7.3M | $7.4M | $10.6M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $9.4M, and assets of $9.4M (revenue +1.0% year-over-year).
- 2022: Revenue of $9.1M, expenses of $8.7M, and assets of $9.1M (revenue +9.2% year-over-year).
- 2021: Revenue of $8.3M, expenses of $8.0M, and assets of $9.5M (revenue -1.4% year-over-year).
- 2020: Revenue of $8.5M, expenses of $8.1M, and assets of $8.8M (revenue +5.2% year-over-year).
- 2019: Revenue of $8.0M, expenses of $8.2M, and assets of $9.3M (revenue -0.3% year-over-year).
- 2018: Revenue of $8.1M, expenses of $7.9M, and assets of $9.7M (revenue +3.7% year-over-year).
- 2017: Revenue of $7.8M, expenses of $7.9M, and assets of $9.7M (revenue -0.7% year-over-year).
- 2016: Revenue of $7.8M, expenses of $7.9M, and assets of $10.0M (revenue +5.8% year-over-year).
- 2015: Revenue of $7.4M, expenses of $7.8M, and assets of $9.8M (revenue -3.7% year-over-year).
- 2014: Revenue of $7.7M, expenses of $7.9M, and assets of $10.1M (revenue +0.5% year-over-year).
- 2013: Revenue of $7.6M, expenses of $7.9M, and assets of $10.7M (revenue +4.0% year-over-year).
- 2012: Revenue of $7.4M, expenses of $7.6M, and assets of $10.2M (revenue +1.3% year-over-year).
- 2011: Revenue of $7.3M, expenses of $7.4M, and assets of $10.6M.
Data Sources and Methodology
This transparency report for Hempstead Golf 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.