Lake Mohawk Golf Club

Lake Mohawk Golf Club maintains stable finances with consistent revenue surpluses and no reported officer compensation.

EIN: 221054130 · Sparta, NJ · Updated: 2026-03-28

$4.2MRevenue

$3.9MAssets

70/100Mission Score (Good)

About Lake Mohawk Golf Club

Lake Mohawk Golf Club (EIN: 221054130) is a nonprofit organization based in Sparta, NJ. The organization reported total revenue of $4.2M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Mohawk Golf Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lake Mohawk Golf Club, despite being a social club, files as a 501(c)(7) nonprofit. Its financial health appears stable, with revenues generally exceeding expenses in recent years. For instance, in 2023, revenue was $2,597,784 against expenses of $2,483,756, indicating a surplus. The organization consistently reports zero officer compensation, which is a positive sign for a member-based club, suggesting that leadership is volunteer-driven or compensated through other means not classified as officer compensation on the 990. However, without a clear NTEE code or detailed program service accomplishments, it's challenging to assess its 'program' spending efficiency in a traditional nonprofit sense, as its primary function is to provide recreational facilities to its members.

The club's assets have shown a gradual increase over the past few years, from $3,586,819 in 2020 to $4,135,707 in 2023, while liabilities have remained relatively high, often exceeding assets in earlier years but showing a more balanced trend recently. The consistent filing of IRS Form 990 demonstrates a commitment to regulatory transparency, even if the nature of its 'charitable' activities is distinct from public charities. The lack of reported officer compensation further enhances its transparency profile regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lake Mohawk Golf Club with a Mission Score of 70 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, Lake Mohawk Golf 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

Lake Mohawk Golf Club consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the Form 990, which is a strong positive for a member-based organization.

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 Golf Club's IRS 990 filings:

NTEE code is unknown, making direct comparison to similar organizations difficult.
Liabilities have historically been high, sometimes exceeding assets, though this trend has improved recently.

Strengths

The following positive indicators were identified for Lake Mohawk Golf Club:

Consistent revenue surpluses in recent years (e.g., 2023: $114,028 surplus).
Zero reported officer compensation across all filings, indicating volunteer leadership or alternative compensation structures.
Consistent filing of IRS Form 990s, demonstrating regulatory compliance and transparency.
Assets have shown a positive growth trend in recent years, reaching $4,135,707 in 2023.

Frequently Asked Questions about Lake Mohawk Golf Club

What are the primary 'program services' of Lake Mohawk Golf Club as a nonprofit?

As a 501(c)(7) social club, its primary 'program services' are providing recreational and social facilities and activities for its members, rather than serving the general public in a charitable capacity.

How has the club's financial stability changed over the past five years?

The club has shown improved financial stability, moving from periods of expense exceeding revenue (e.g., 2020: Revenue $1,948,176, Expenses $2,147,372) to consistent surpluses in recent years (e.g., 2023: Revenue $2,597,784, Expenses $2,483,756).

Why does a golf club file as a nonprofit?

Lake Mohawk Golf Club files as a 501(c)(7) social club, which is a type of nonprofit organization that provides pleasure, recreation, and other nonprofitable purposes, substantially all of the activities of which are for such purposes and no part of the net earnings of which inures to the benefit of any private shareholder.

Filing History

IRS 990 filing history for Lake Mohawk Golf Club showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Lake Mohawk Golf Club's revenue has grown by 6.2%, moving from $2.4M to $2.6M. Total assets increased by 9.4% over the same period, from $3.8M to $4.1M. Total functional expenses fell by 2.4%, from $2.5M to $2.5M. In its most recent filing year (2023), Lake Mohawk Golf Club reported a surplus of $114K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $4.1M in assets (debt-to-asset ratio: 93.3%), resulting in net assets of $278K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.6M	$2.5M	$4.1M	$3.9M	—	—
2022	$2.4M	$2.2M	$4.1M	$3.9M	—	View 990
2021	$2.5M	$2.0M	$3.8M	$3.9M	—	View 990
2020	$1.9M	$2.1M	$3.6M	$4.1M	—	View 990
2019	$2.9M	$2.3M	$3.7M	$4.0M	—	—
2018	$2.1M	$2.4M	$3.2M	$4.0M	—	View 990
2017	$2.1M	$2.3M	$3.4M	$3.9M	—	—
2016	$2.0M	$2.1M	$3.7M	$3.9M	—	View 990
2015	$2.0M	$2.0M	$3.7M	$3.9M	—	View 990
2014	$2.0M	$2.0M	$3.5M	$3.6M	—	View 990
2013	$2.3M	$2.1M	$3.4M	$3.4M	—	View 990
2012	$2.1M	$2.2M	$3.5M	$3.5M	—	View 990
2011	$2.4M	$2.4M	$3.8M	$3.6M	—	View 990
2010	$2.4M	$2.5M	$3.8M	$3.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.6M, expenses of $2.5M, and assets of $4.1M (revenue +8.1% year-over-year).
2022: Revenue of $2.4M, expenses of $2.2M, and assets of $4.1M (revenue -2.1% year-over-year).
2021: Revenue of $2.5M, expenses of $2.0M, and assets of $3.8M (revenue +26.0% year-over-year).
2020: Revenue of $1.9M, expenses of $2.1M, and assets of $3.6M (revenue -31.9% year-over-year).
2019: Revenue of $2.9M, expenses of $2.3M, and assets of $3.7M (revenue +38.0% year-over-year).
2018: Revenue of $2.1M, expenses of $2.4M, and assets of $3.2M (revenue -0.1% year-over-year).
2017: Revenue of $2.1M, expenses of $2.3M, and assets of $3.4M (revenue +2.3% year-over-year).
2016: Revenue of $2.0M, expenses of $2.1M, and assets of $3.7M (revenue +3.4% year-over-year).
2015: Revenue of $2.0M, expenses of $2.0M, and assets of $3.7M (revenue -2.9% year-over-year).
2014: Revenue of $2.0M, expenses of $2.0M, and assets of $3.5M (revenue -11.0% year-over-year).
2013: Revenue of $2.3M, expenses of $2.1M, and assets of $3.4M (revenue +9.4% year-over-year).
2012: Revenue of $2.1M, expenses of $2.2M, and assets of $3.5M (revenue -12.4% year-over-year).
2011: Revenue of $2.4M, expenses of $2.4M, and assets of $3.8M (revenue -3.0% year-over-year).
2010: Revenue of $2.4M, expenses of $2.5M, and assets of $3.8M.

Data Sources and Methodology

This transparency report for Lake Mohawk 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.