Homestead Country Club
EIN: 480573592 · Prairie Village, KS
| Metric | Value |
|---|---|
| Total Expenses | $1.3M |
| Net Assets | $-1,671,655 |
Is Homestead 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 Homestead Country Club
Homestead Country Club (EIN: 480573592) is a nonprofit organization based in Prairie Village, KS. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homestead Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homestead Country Club is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-239,102 |
| Total Assets | $970K |
| Total Liabilities | $2.6M |
| Net Assets | $-1,671,655 |
| Operating Margin | -21.6% |
| Debt-to-Asset Ratio | 272.3% |
| Months of Reserves | 8.7 months |
Financial Health Grade: C
In 2016, Homestead Country Club reported a deficit of $239K with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 272.3% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Homestead Country Club's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -41.6% | -24.8% | -16.8% |
| 2015 | +40.9% | +11.5% | -37.3% |
| 2014 | -22.0% | -16.8% | -12.1% |
| 2013 | +7.0% | -0.9% | -4.2% |
| 2012 | -17.8% | -7.5% | -14.4% |
AI Analysis Pending
AI enrichment for Homestead 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 Homestead 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $239K, with expenses exceeding revenue.
- Debt-to-asset ratio: 272.3%.
Frequently Asked Questions about Homestead Country Club
Is Homestead Country Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Homestead Country Club (EIN: 480573592) insufficient data. 0 red flags identified, 0 strengths noted.
How does Homestead Country Club spend its money?
Detailed spending breakdown data is not yet available for Homestead Country Club. Check back for updated IRS 990 analysis.
Are donations to Homestead Country Club tax-deductible?
Homestead Country Club is registered as a tax-exempt nonprofit (EIN: 480573592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Homestead Country Club located?
Homestead Country Club is headquartered in Prairie Village, Kansas and files with the IRS under EIN 480573592.
How many years of IRS 990 filings does Homestead Country Club have?
Homestead Country Club has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Homestead Country Club showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Homestead Country Club's revenue has declined by 43.6%, moving from $2.0M to $1.1M. Total assets decreased by 62.4% over the same period, from $2.6M to $970K. Total functional expenses fell by 36.1%, from $2.1M to $1.3M. In its most recent filing year (2016), Homestead Country Club reported a deficit of $239K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $970K in assets (debt-to-asset ratio: 272.3%), resulting in net assets of $-1,671,655.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1.1M | $1.3M | $970K | $2.6M | — | — |
| 2015 | $1.9M | $1.8M | $1.2M | $2.6M | — | View 990 |
| 2014 | $1.3M | $1.6M | $1.9M | $3.5M | — | View 990 |
| 2013 | $1.7M | $1.9M | $2.1M | $3.4M | — | View 990 |
| 2012 | $1.6M | $1.9M | $2.2M | $3.3M | — | View 990 |
| 2011 | $2.0M | $2.1M | $2.6M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1.1M, expenses of $1.3M, and assets of $970K (revenue -41.6% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.8M, and assets of $1.2M (revenue +40.9% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.6M, and assets of $1.9M (revenue -22.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.9M, and assets of $2.1M (revenue +7.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.9M, and assets of $2.2M (revenue -17.8% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.1M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homestead Country Club:
Data Sources and Methodology
This transparency report for Homestead 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.