Knickerbocker Club Inc
Knickerbocker Club Inc. faces recurring deficits and increasing liabilities despite rising revenues.
EIN: 130923655 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.7M |
| Total Expenses | $13.2M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $3.5M |
| Transparency Score | 45/100 |
Is Knickerbocker Club Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Knickerbocker Club Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Knickerbocker Club Inc
Knickerbocker Club Inc (EIN: 130923655) is a nonprofit organization based in New York, NY. The organization reported total revenue of $15.7M and total assets of $7.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knickerbocker Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Knickerbocker Club Inc is a large nonprofit that has been operating for 84 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.8M |
| Total Expenses | $13.2M |
| Surplus / Deficit | $-3,381,393 |
| Total Assets | $10.7M |
| Total Liabilities | $7.2M |
| Net Assets | $3.5M |
| Operating Margin | -34.4% |
| Debt-to-Asset Ratio | 67.1% |
| Months of Reserves | 9.7 months |
Financial Health Grade: C
In 2023, Knickerbocker Club Inc reported a deficit of $3.4M with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 67.1% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Knickerbocker Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.2% | +58.7% | -18.2% |
| 2022 | +24.4% | +23.2% | -9.3% |
| 2021 | +42.0% | +21.4% | +5.7% |
| 2020 | -32.7% | -30.3% | -6.2% |
| 2019 | -24.5% | -15.7% | -10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Knickerbocker Club Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Knickerbocker Club Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 67.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation in its filings, which could indicate either uncompensated officers or a lack of detailed disclosure regarding executive remuneration, limiting transparency for an organization with revenues approaching $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 Knickerbocker Club Inc's IRS 990 filings:
- Recurring deficits where expenses exceed revenue (e.g., $13,222,992 expenses vs. $9,841,599 revenue in 2023).
- Significant increase in liabilities from $1,212,972 in 2016 to $7,197,763 in 2023.
- Declining asset base from $16,353,625 in 2018 to $10,732,156 in 2023.
- Consistent reporting of 0% officer compensation, which may indicate a lack of transparency in executive remuneration.
Strengths
The following positive indicators were identified for Knickerbocker Club Inc:
- Consistent revenue generation, with latest reported revenue at $9,841,599.
Frequently Asked Questions about Knickerbocker Club Inc
Is Knickerbocker Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Knickerbocker Club Inc (EIN: 130923655) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Knickerbocker Club Inc spend its money?
Knickerbocker Club Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Knickerbocker Club Inc tax-deductible?
Knickerbocker Club Inc is registered as a tax-exempt nonprofit (EIN: 130923655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Knickerbocker Club Inc CEO make?
Knickerbocker Club Inc's highest-compensated officer earns $10 annually. The organization reported $15.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Knickerbocker Club Inc's spending goes to programs?
Knickerbocker Club Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Knickerbocker Club Inc located?
Knickerbocker Club Inc is headquartered in New York, New York and files with the IRS under EIN 130923655.
How many years of IRS 990 filings does Knickerbocker Club Inc have?
Knickerbocker Club Inc has 14 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 $15.7M in total revenue.
Is Knickerbocker Club Inc. financially stable?
The organization's financial stability is questionable given that expenses have exceeded revenue in multiple recent years (e.g., 2023, 2020, 2019), and liabilities have significantly increased from $1,212,972 in 2016 to $7,197,763 in 2023.
What is the trend in Knickerbocker Club Inc.'s assets?
The organization's assets have shown a declining trend since 2018, falling from a peak of $16,353,625 to $10,732,156 in 2023.
How transparent is Knickerbocker Club Inc. regarding executive compensation?
The organization reports 0% officer compensation across all available filings, which suggests a lack of detailed disclosure regarding executive pay, impacting transparency.
What is the NTEE code for Knickerbocker Club Inc.?
The NTEE code for Knickerbocker Club Inc. is unknown based on the provided data, which limits understanding of its specific charitable purpose.
Filing History
IRS 990 filing history for Knickerbocker Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Knickerbocker Club Inc's revenue has grown by 65.4%, moving from $6.0M to $9.8M. Total assets increased by 31.5% over the same period, from $8.2M to $10.7M. Total functional expenses rose by 118.7%, from $6.0M to $13.2M. In its most recent filing year (2023), Knickerbocker Club Inc reported a deficit of $3.4M, with expenses exceeding revenue. The organization holds $7.2M in liabilities against $10.7M in assets (debt-to-asset ratio: 67.1%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.8M | $13.2M | $10.7M | $7.2M | — | — |
| 2022 | $8.9M | $8.3M | $13.1M | $6.0M | — | View 990 |
| 2021 | $7.2M | $6.8M | $14.5M | $6.4M | — | View 990 |
| 2020 | $5.1M | $5.6M | $13.7M | $6.5M | — | — |
| 2019 | $7.5M | $8.0M | $14.6M | $7.0M | — | View 990 |
| 2018 | $9.9M | $9.5M | $16.4M | $8.7M | — | View 990 |
| 2017 | $9.1M | $9.2M | $11.5M | $3.9M | — | — |
| 2016 | $8.1M | $7.9M | $8.5M | $1.2M | — | View 990 |
| 2015 | $6.9M | $6.6M | $9.5M | $1.1M | — | View 990 |
| 2014 | $7.6M | $7.5M | $10.1M | $2.0M | — | View 990 |
| 2013 | $6.3M | $6.1M | $9.7M | $948K | — | View 990 |
| 2012 | $6.3M | $6.2M | $8.7M | $919K | — | View 990 |
| 2011 | $5.8M | $6.2M | $7.9M | $880K | — | View 990 |
| 2010 | $6.0M | $6.0M | $8.2M | $844K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.8M, expenses of $13.2M, and assets of $10.7M (revenue +10.2% year-over-year).
- 2022: Revenue of $8.9M, expenses of $8.3M, and assets of $13.1M (revenue +24.4% year-over-year).
- 2021: Revenue of $7.2M, expenses of $6.8M, and assets of $14.5M (revenue +42.0% year-over-year).
- 2020: Revenue of $5.1M, expenses of $5.6M, and assets of $13.7M (revenue -32.7% year-over-year).
- 2019: Revenue of $7.5M, expenses of $8.0M, and assets of $14.6M (revenue -24.5% year-over-year).
- 2018: Revenue of $9.9M, expenses of $9.5M, and assets of $16.4M (revenue +9.5% year-over-year).
- 2017: Revenue of $9.1M, expenses of $9.2M, and assets of $11.5M (revenue +11.6% year-over-year).
- 2016: Revenue of $8.1M, expenses of $7.9M, and assets of $8.5M (revenue +18.2% year-over-year).
- 2015: Revenue of $6.9M, expenses of $6.6M, and assets of $9.5M (revenue -9.5% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.5M, and assets of $10.1M (revenue +20.4% year-over-year).
- 2013: Revenue of $6.3M, expenses of $6.1M, and assets of $9.7M (revenue +0.9% year-over-year).
- 2012: Revenue of $6.3M, expenses of $6.2M, and assets of $8.7M (revenue +8.1% year-over-year).
- 2011: Revenue of $5.8M, expenses of $6.2M, and assets of $7.9M (revenue -2.7% year-over-year).
- 2010: Revenue of $6.0M, expenses of $6.0M, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Knickerbocker Club Inc:
Data Sources and Methodology
This transparency report for Knickerbocker 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.