Knickerbocker Country Club

Knickerbocker Country Club consistently generates operational surpluses and grows assets as a 501(c)(7) social club.

EIN: 221042210 · Tenafly, NJ · Updated: 2026-03-28

$13.8MRevenue

$14.4MAssets

60/100Mission Score (Good)

About Knickerbocker Country Club

Knickerbocker Country Club (EIN: 221042210) is a nonprofit organization based in Tenafly, NJ. The organization reported total revenue of $13.8M and total assets of $14.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knickerbocker Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Knickerbocker Country Club, despite being a 501(c)(7) social club, demonstrates consistent financial activity with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $12,187,526 against expenses of $10,710,264, indicating a surplus. The organization's assets have also shown steady growth, increasing from $8,267,591 in 2014 to $15,156,070 in 2023, suggesting financial stability and capacity for future operations. Liabilities have also increased, but at a slower rate than assets, maintaining a healthy asset-to-liability ratio.

As a social club, the primary 'program' is providing facilities and services to its members. Without a detailed functional expense breakdown (which is not typically required for 501(c)(7) organizations in the same way as public charities), it's challenging to assess spending efficiency in terms of traditional charitable program delivery. However, the consistent operational surpluses and asset growth suggest effective management of member dues and other income to cover operational costs and invest in club facilities. The absence of reported officer compensation is notable, indicating that top leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990.

Transparency for a 501(c)(7) is different from a public charity. The IRS 990 filings are publicly available, providing basic financial data. However, without NTEE code information or a clear public mission beyond member services, a deeper assessment of 'programmatic' transparency is not applicable in the traditional sense. The financial data itself is consistently reported, offering a clear picture of the club's financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Knickerbocker Country Club with a Mission Score of 60 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, Knickerbocker Country Club 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.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation, suggesting that the organization's top leadership is either uncompensated or compensated through mechanisms not classified as officer compensation on the 990, which is unusual for an organization with over $12 million in annual revenue.

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 Country Club's IRS 990 filings:

NTEE Code is unknown, which limits understanding of its specific classification beyond 501(c)(7)
Consistent 0% officer compensation reported on 990s for an organization with over $12M in revenue, which may warrant further inquiry into executive compensation structures.

Strengths

The following positive indicators were identified for Knickerbocker Country Club:

Consistent operational surpluses, with revenue exceeding expenses in most years (e.g., $12,187,526 revenue vs. $10,710,264 expenses in 2023).
Steady growth in assets, increasing from $8,267,591 in 2014 to $15,156,070 in 2023, indicating financial stability.
Healthy asset-to-liability ratio, with assets consistently higher than liabilities (e.g., $15,156,070 assets vs. $5,637,441 liabilities in 2023).

Frequently Asked Questions about Knickerbocker Country Club

Is Knickerbocker Country Club a good charity?

Knickerbocker Country Club is not classified as a public charity but rather a 501(c)(7) social club. Its purpose is to provide recreational and social facilities for its members, not to serve the broader public or engage in charitable activities. Therefore, it should not be evaluated using criteria for public charities.

How does Knickerbocker Country Club manage its finances?

The club consistently manages to generate more revenue than expenses, as seen in 2023 with $12,187,526 in revenue against $10,710,264 in expenses. This has led to a steady increase in assets from $8,267,591 in 2014 to $15,156,070 in 2023, indicating sound financial management for its operational goals.

What is the purpose of Knickerbocker Country Club?

As a 501(c)(7) organization, its purpose is to provide pleasure, recreation, and other nonprofitable social purposes, primarily for its members. Its financial activities, such as generating revenue and managing assets, support the maintenance and operation of its facilities and services for members.

Filing History

IRS 990 filing history for Knickerbocker Country Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Knickerbocker Country Club's revenue has grown by 109.8%, moving from $5.8M to $12.2M. Total assets increased by 68% over the same period, from $9.0M to $15.2M. Total functional expenses rose by 61.9%, from $6.6M to $10.7M. In its most recent filing year (2023), Knickerbocker Country Club reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $5.6M in liabilities against $15.2M in assets (debt-to-asset ratio: 37.2%), resulting in net assets of $9.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$12.2M	$10.7M	$15.2M	$5.6M	—	—
2022	$10.0M	$10.7M	$14.6M	$6.4M	—	View 990
2021	$9.5M	$8.8M	$14.4M	$5.5M	—	View 990
2020	$7.6M	$7.2M	$12.8M	$4.8M	—	—
2019	$8.3M	$8.0M	$12.4M	$4.7M	—	View 990
2018	$8.2M	$7.5M	$12.6M	$5.5M	—	View 990
2017	$7.8M	$7.4M	$11.6M	$5.0M	—	View 990
2016	$8.1M	$7.4M	$12.1M	$5.8M	—	View 990
2015	$8.1M	$6.8M	$11.4M	$5.8M	—	View 990
2014	$6.3M	$6.9M	$8.3M	$4.0M	—	View 990
2013	$6.5M	$6.7M	$8.9M	$4.0M	—	View 990
2012	$6.0M	$6.6M	$9.0M	$3.9M	—	View 990
2011	$5.8M	$6.6M	$9.0M	$3.3M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $12.2M, expenses of $10.7M, and assets of $15.2M (revenue +22.0% year-over-year).
2022: Revenue of $10.0M, expenses of $10.7M, and assets of $14.6M (revenue +4.9% year-over-year).
2021: Revenue of $9.5M, expenses of $8.8M, and assets of $14.4M (revenue +24.6% year-over-year).
2020: Revenue of $7.6M, expenses of $7.2M, and assets of $12.8M (revenue -7.5% year-over-year).
2019: Revenue of $8.3M, expenses of $8.0M, and assets of $12.4M (revenue +1.1% year-over-year).
2018: Revenue of $8.2M, expenses of $7.5M, and assets of $12.6M (revenue +4.8% year-over-year).
2017: Revenue of $7.8M, expenses of $7.4M, and assets of $11.6M (revenue -4.2% year-over-year).
2016: Revenue of $8.1M, expenses of $7.4M, and assets of $12.1M (revenue +0.6% year-over-year).
2015: Revenue of $8.1M, expenses of $6.8M, and assets of $11.4M (revenue +28.7% year-over-year).
2014: Revenue of $6.3M, expenses of $6.9M, and assets of $8.3M (revenue -3.1% year-over-year).
2013: Revenue of $6.5M, expenses of $6.7M, and assets of $8.9M (revenue +8.5% year-over-year).
2012: Revenue of $6.0M, expenses of $6.6M, and assets of $9.0M (revenue +3.0% year-over-year).
2011: Revenue of $5.8M, expenses of $6.6M, and assets of $9.0M.

Data Sources and Methodology

This transparency report for Knickerbocker 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.