Lake Mohawk Country Club
Lake Mohawk Country Club shows fluctuating financial performance with recent surpluses and growing assets, but no reported officer compensation.
EIN: 221054120 · Sparta, NJ · Updated: 2026-03-28
About Lake Mohawk Country Club
Lake Mohawk Country Club (EIN: 221054120) is a nonprofit organization based in Sparta, NJ. The organization reported total revenue of $15.8M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Mohawk Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lake Mohawk Country Club with a Mission Score of 65 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Lake Mohawk Country Club allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings. For an entity with revenues exceeding $11 million in 2023, this is highly unusual and suggests that executive compensation may be categorized differently or that the organization relies entirely on unpaid leadership, which could obscure the true cost of governance.
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 Lake Mohawk Country Club's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in leadership costs.
- Significant year-over-year fluctuations in revenue and expenses, indicating potential instability or reliance on variable income streams.
- Lack of NTEE code and detailed program spending breakdown makes it difficult to assess mission alignment and program efficiency.
- Discrepancy between 'Latest Revenue' and the most recent detailed filing's revenue figure requires clarification.
Strengths
The following positive indicators were identified for Lake Mohawk Country Club:
- Significant growth in assets from $2,829,941 in 201612 to $6,712,474 in 202312, indicating financial strengthening.
- Achieved a surplus in the most recent detailed filing (202312) with revenue of $11,199,524 exceeding expenses of $9,053,772.
- Demonstrated ability to generate substantial revenue, with the latest reported figure at $15,765,340.
Frequently Asked Questions about Lake Mohawk Country Club
Why is officer compensation consistently reported as 0%?
This is a significant data point that requires clarification. It could mean that all leadership is volunteer, or that compensation is reported under other expense categories, which would affect the transparency of administrative costs.
What caused the substantial revenue increase to $15,765,340 in the latest period compared to $11,199,524 in 202312?
The discrepancy between the 'Latest Revenue' and the most recent detailed filing's revenue suggests either a significant event post-202312 or a different reporting period for the 'Latest Revenue' figure. Further investigation into the source of this latest figure is needed.
How does the organization manage its liabilities, which have fluctuated significantly?
Liabilities have ranged from $0 in 201812 to $2,706,911 in 202312. Understanding the nature of these liabilities and the organization's strategy for managing them is important for assessing long-term financial stability.
What specific programs or services does Lake Mohawk Country Club provide as a nonprofit?
Given its name, it likely provides recreational and social services to its members. However, without an NTEE code or program service expense breakdown, the specific nature and impact of its 'programs' are unclear.
Filing History
IRS 990 filing history for Lake Mohawk Country Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lake Mohawk Country Club's revenue has grown by 204.8%, moving from $3.7M to $11.2M. Total assets increased by 249.9% over the same period, from $1.9M to $6.7M. Total functional expenses rose by 153.4%, from $3.6M to $9.1M. In its most recent filing year (2023), Lake Mohawk Country Club reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $6.7M in assets (debt-to-asset ratio: 40.3%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11.2M | $9.1M | $6.7M | $2.7M | — | — |
| 2022 | $8.5M | $9.8M | $4.1M | $2.3M | — | View 990 |
| 2021 | $9.6M | $8.2M | $6.1M | $2.2M | — | View 990 |
| 2020 | $7.4M | $7.8M | $5.3M | $2.8M | — | — |
| 2019 | $7.4M | $7.0M | $4.1M | $2.3M | — | View 990 |
| 2018 | $35K | $55K | $106K | $0 | — | View 990 |
| 2017 | $7.4M | $6.6M | $3.5M | $2.1M | — | View 990 |
| 2016 | $6.9M | $6.9M | $2.8M | $2.3M | — | View 990 |
| 2015 | $6.3M | $6.8M | $3.1M | $2.6M | — | View 990 |
| 2014 | $7.3M | $7.4M | $2.9M | $1.9M | — | View 990 |
| 2013 | $5.9M | $5.7M | $3.6M | $2.4M | — | View 990 |
| 2012 | $4.3M | $3.8M | $2.3M | $1.3M | — | View 990 |
| 2011 | $3.7M | $3.6M | $1.9M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.2M, expenses of $9.1M, and assets of $6.7M (revenue +31.4% year-over-year).
- 2022: Revenue of $8.5M, expenses of $9.8M, and assets of $4.1M (revenue -10.7% year-over-year).
- 2021: Revenue of $9.6M, expenses of $8.2M, and assets of $6.1M (revenue +29.6% year-over-year).
- 2020: Revenue of $7.4M, expenses of $7.8M, and assets of $5.3M (revenue -1.1% year-over-year).
- 2019: Revenue of $7.4M, expenses of $7.0M, and assets of $4.1M (revenue +21398.0% year-over-year).
- 2018: Revenue of $35K, expenses of $55K, and assets of $106K (revenue -99.5% year-over-year).
- 2017: Revenue of $7.4M, expenses of $6.6M, and assets of $3.5M (revenue +7.6% year-over-year).
- 2016: Revenue of $6.9M, expenses of $6.9M, and assets of $2.8M (revenue +8.9% year-over-year).
- 2015: Revenue of $6.3M, expenses of $6.8M, and assets of $3.1M (revenue -13.4% year-over-year).
- 2014: Revenue of $7.3M, expenses of $7.4M, and assets of $2.9M (revenue +23.7% year-over-year).
- 2013: Revenue of $5.9M, expenses of $5.7M, and assets of $3.6M (revenue +35.4% year-over-year).
- 2012: Revenue of $4.3M, expenses of $3.8M, and assets of $2.3M (revenue +18.1% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.6M, and assets of $1.9M.
Data Sources and Methodology
This transparency report for Lake Mohawk 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.