Highland Lakes Country Club & Commu Assoc
Highland Lakes Country Club & Commu Assoc reports a $549,407 deficit in its latest fiscal year despite consistent revenue.
EIN: 220989444 · Highland Lks, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $3.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $7.9M |
| Transparency Score | 75/100 |
Is Highland Lakes Country Club & Commu Assoc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Highland Lakes Country Club & Commu Assoc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Highland Lakes Country Club & Commu Assoc
Highland Lakes Country Club & Commu Assoc (EIN: 220989444) is a nonprofit organization based in Highland Lks, NJ. The organization reported total revenue of $3.9M and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highland Lakes Country Club & Commu Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highland Lakes Country Club & Commu Assoc is a mid-size nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-549,407 |
| Total Assets | $9.2M |
| Total Liabilities | $1.3M |
| Net Assets | $7.9M |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 28.3 months |
Financial Health Grade: B
In 2023, Highland Lakes Country Club & Commu Assoc reported a deficit of $549K with expenses exceeding revenue, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Highland Lakes Country Club & Commu Assoc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | +24.8% | -5.5% |
| 2022 | +0.9% | -4.4% | +2.3% |
| 2021 | +0.5% | +9.6% | +0.3% |
| 2020 | -1.3% | +11.9% | +0.2% |
| 2019 | +0.9% | +24.9% | +8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1963 |
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 Highland Lakes Country Club & Commu Assoc with a Mission Score of 75 out of 100 (Good). 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, Highland Lakes Country Club & Commu Assoc 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 $549K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are likely unpaid volunteers or that compensation falls below reporting thresholds, which suggests a highly cost-efficient leadership structure for an organization with assets nearing $10 million.
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 Highland Lakes Country Club & Commu Assoc's IRS 990 filings:
- Expenses exceeded revenue by $549,407 in the most recent fiscal year (202309), indicating an operational deficit.
- Lack of detailed spending breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Highland Lakes Country Club & Commu Assoc:
- Consistent revenue growth over the past decade, from $2.87M in 201409 to $3.37M in 202309.
- Strong asset base, with assets consistently above $9 million in recent years, providing financial resilience.
- Consistent reporting of 0% officer compensation, suggesting a highly efficient or volunteer-driven leadership.
- Long history of consistent IRS 990 filings (13 filings), indicating good transparency and compliance.
Frequently Asked Questions about Highland Lakes Country Club & Commu Assoc
Is Highland Lakes Country Club & Commu Assoc a legitimate charity?
Highland Lakes Country Club & Commu Assoc (EIN: 220989444) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Highland Lakes Country Club & Commu Assoc spend its money?
Highland Lakes Country Club & Commu Assoc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Highland Lakes Country Club & Commu Assoc tax-deductible?
Highland Lakes Country Club & Commu Assoc is registered as a tax-exempt nonprofit (EIN: 220989444). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Highland Lakes Country Club & Commu Assoc CEO make?
Highland Lakes Country Club & Commu Assoc's highest-compensated officer earns $10 annually. The organization reported $3.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Highland Lakes Country Club & Commu Assoc's spending goes to programs?
Highland Lakes Country Club & Commu Assoc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Highland Lakes Country Club & Commu Assoc located?
Highland Lakes Country Club & Commu Assoc is headquartered in Highland Lks, New Jersey and files with the IRS under EIN 220989444.
How many years of IRS 990 filings does Highland Lakes Country Club & Commu Assoc have?
Highland Lakes Country Club & Commu Assoc 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 $3.9M in total revenue.
Is Highland Lakes Country Club & Commu Assoc financially stable?
While the organization reported a deficit of $549,407 in the 202309 period, its substantial assets of $9,232,282 provide a strong financial buffer, suggesting overall stability despite recent operational losses.
How has the organization's revenue trended over time?
Revenue has shown a consistent upward trend over the past decade, growing from $2,870,785 in 201409 to $3,368,385 in 202309, indicating a stable income stream.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, suggesting a volunteer-led executive team or that compensation levels are below IRS reporting thresholds, which can be a sign of efficient governance.
Filing History
IRS 990 filing history for Highland Lakes Country Club & Commu Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Highland Lakes Country Club & Commu Assoc's revenue has grown by 24.5%, moving from $2.7M to $3.4M. Total assets increased by 126.9% over the same period, from $4.1M to $9.2M. Total functional expenses rose by 92.2%, from $2.0M to $3.9M. In its most recent filing year (2023), Highland Lakes Country Club & Commu Assoc reported a deficit of $549K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $9.2M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.9M | $9.2M | $1.3M | — | — |
| 2022 | $3.3M | $3.1M | $9.8M | $1.3M | — | — |
| 2021 | $3.3M | $3.3M | $9.6M | $1.1M | — | View 990 |
| 2020 | $3.3M | $3.0M | $9.5M | $1.3M | — | — |
| 2019 | $3.3M | $2.7M | $9.5M | $1.5M | — | View 990 |
| 2018 | $3.3M | $2.1M | $8.8M | $1.4M | — | View 990 |
| 2017 | $3.3M | $2.5M | $8.0M | $1.8M | — | View 990 |
| 2016 | $3.1M | $2.1M | $7.0M | $1.5M | — | View 990 |
| 2015 | $2.9M | $2.7M | $6.0M | $1.5M | — | View 990 |
| 2014 | $2.9M | $2.3M | $5.9M | $1.6M | — | View 990 |
| 2013 | $2.8M | $2.3M | $5.3M | $1.6M | — | View 990 |
| 2012 | $2.7M | $1.8M | $4.9M | $1.6M | — | View 990 |
| 2011 | $2.7M | $2.0M | $4.1M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.9M, and assets of $9.2M (revenue +1.6% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.1M, and assets of $9.8M (revenue +0.9% year-over-year).
- 2021: Revenue of $3.3M, expenses of $3.3M, and assets of $9.6M (revenue +0.5% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.0M, and assets of $9.5M (revenue -1.3% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.7M, and assets of $9.5M (revenue +0.9% year-over-year).
- 2018: Revenue of $3.3M, expenses of $2.1M, and assets of $8.8M (revenue +1.1% year-over-year).
- 2017: Revenue of $3.3M, expenses of $2.5M, and assets of $8.0M (revenue +5.4% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.1M, and assets of $7.0M (revenue +5.2% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.7M, and assets of $6.0M (revenue +2.1% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.3M, and assets of $5.9M (revenue +3.9% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.3M, and assets of $5.3M (revenue +1.7% year-over-year).
- 2012: Revenue of $2.7M, expenses of $1.8M, and assets of $4.9M (revenue +0.4% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.0M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highland Lakes Country Club & Commu Assoc:
Data Sources and Methodology
This transparency report for Highland Lakes Country Club & Commu Assoc 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.