Humeston Golf Club
EIN: 420930016 · Humeston, IA
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $54K |
| Net Assets | $24K |
Is Humeston Golf Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Humeston Golf Club
Humeston Golf Club (EIN: 420930016) is a nonprofit organization based in Humeston, IA. The organization reported total revenue of $74K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Humeston Golf Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Humeston Golf Club is a micro nonprofit that has been operating for 59 years, with 5 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $54K |
| Surplus / Deficit | +$22K |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | 28.7% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Humeston Golf Club reported a surplus of $22K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2010–2023), Humeston Golf Club's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.2% | -17.1% | -63.9% |
| 2022 | +14.5% | +25.7% | +2091.3% |
| 2021 | +118.2% | +95.1% | -84.4% |
| 2011 | -4.3% | +29.3% | -17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Humeston Golf 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 Humeston Golf 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Frequently Asked Questions about Humeston Golf Club
Is Humeston Golf Club a legitimate charity?
Humeston Golf Club (EIN: 420930016) is a registered tax-exempt nonprofit based in Iowa. It has 5 years of IRS 990 filings on record. Total revenue: $74K. No red flags identified. Financial health grade: A.
How does Humeston Golf Club spend its money?
Humeston Golf Club reported $74K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Humeston Golf Club tax-deductible?
Humeston Golf Club is registered as a tax-exempt nonprofit (EIN: 420930016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Humeston Golf Club located?
Humeston Golf Club is headquartered in Humeston, Iowa and files with the IRS under EIN 420930016.
How many years of IRS 990 filings does Humeston Golf Club have?
Humeston Golf Club has 5 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 $74K in total revenue.
Filing History
IRS 990 filing history for Humeston Golf Club showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2023), Humeston Golf Club's revenue has grown by 194.7%, moving from $26K to $75K. Total assets increased by 2% over the same period, from $24K to $24K. Total functional expenses rose by 162.6%, from $20K to $54K. In its most recent filing year (2023), Humeston Golf Club reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $54K | $24K | $0 | — | — |
| 2022 | $61K | $65K | $68K | $65K | — | View 990 |
| 2021 | $53K | $52K | $3K | $0 | — | — |
| 2011 | $24K | $26K | $20K | $0 | — | View 990 |
| 2010 | $26K | $20K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $54K, and assets of $24K (revenue +23.2% year-over-year).
- 2022: Revenue of $61K, expenses of $65K, and assets of $68K (revenue +14.5% year-over-year).
- 2021: Revenue of $53K, expenses of $52K, and assets of $3K (revenue +118.2% year-over-year).
- 2011: Revenue of $24K, expenses of $26K, and assets of $20K (revenue -4.3% year-over-year).
- 2010: Revenue of $26K, expenses of $20K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Humeston Golf Club:
Data Sources and Methodology
This transparency report for Humeston 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.