Madison Golf Club
Madison Golf Club: Strong Assets, Consistent Revenue, but Mission Clarity Needed
EIN: 221084815 · Madison, NJ · Updated: 2026-04-04
About Madison Golf Club
Madison Golf Club (EIN: 221084815) is a nonprofit organization based in Madison, NJ. The organization reported total revenue of $2.0M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison Golf 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 Madison Golf Club with a Mission Score of 40 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: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Madison Golf Club allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation data is provided in the available filings.
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 Madison Golf Club's IRS 990 filings:
- Lack of clear mission statement or program details in the provided data.
- Absence of detailed expense breakdown (program, admin, fundraising) in the provided financial filings.
- No executive compensation information available for review.
Strengths
The following positive indicators were identified for Madison Golf Club:
- Consistent revenue generation over the past several years, with 2023 revenue at $1,861,664.
- Healthy asset base, with total assets reported at $3,131,294 in 2023.
- Low or no reported lobbying expenses ('c0%' in filings).
Frequently Asked Questions about Madison Golf Club
What does Madison Golf Club do?
Madison Golf Club is a nonprofit organization in the Unknown sector, located in Madison, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Madison Golf Club have?
Madison Golf Club reported total revenue of $2,039,539. Based on 13 IRS 990 filings on record.
What are Madison Golf Club's total assets?
Madison Golf Club holds total assets of $3,508,328 as reported in IRS 990 filings.
Where is Madison Golf Club located?
Madison Golf Club is based in Madison, New Jersey.
What is Madison Golf Club's EIN?
Madison Golf Club's Employer Identification Number (EIN) is 221084815. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Madison Golf Club?
Madison Golf Club is classified under NTEE code Unknown (Unknown).
Is Madison Golf Club a registered 501(c)(3)?
Madison Golf Club appears in IRS records (EIN: 221084815). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Madison Golf Club file IRS Form 990?
Yes, Madison Golf Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202311.
What was Madison Golf Club's revenue in 2023?
In the 202311 filing period, Madison Golf Club reported total revenue of $1,861,664, total expenses of $1,599,216, and net assets of $3,131,294.
Is Madison Golf Club's revenue growing or declining?
Madison Golf Club's revenue is declining. Revenue went from $1,975,909 (202211) to $1,861,664 (202311), a -5.8% change. Based on 13 filings on record.
What is Madison Golf Club's most recent 990 filing?
The most recent IRS Form 990 filing for Madison Golf Club covers tax period 202311. It shows revenue of $1,861,664, expenses of $1,599,216, total assets of $3,131,294, and liabilities of $500,287.
Is Madison Golf Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Madison Golf Club shows mixed signals. Mission Score: 40/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for Madison Golf Club?
The following concerns were identified: Lack of clear mission statement or program details in the provided data.. Absence of detailed expense breakdown (program, admin, fundraising) in the provided financial filings.. No executive compensation information available for review.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Madison Golf Club's strengths?
Positive indicators for Madison Golf Club include: Consistent revenue generation over the past several years, with 2023 revenue at $1,861,664.. Healthy asset base, with total assets reported at $3,131,294 in 2023.. Low or no reported lobbying expenses ('c0%' in filings).. These findings are derived from AI analysis of the organization's financial filings.
How does Madison Golf Club compensate executives?
Executive compensation cannot be assessed as no compensation data is provided in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Madison Golf Club?
• The provided data lacks specific details on program spending, administrative costs, or fundraising expenses, making a detailed spending breakdown impossible. • No information is available regarding the organization's mission or specific activities, which hinders a comprehensive transparency assessment. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the 'Madison Golf Club' name and the lack of program spending, what is the primary charitable purpose or community benefit provided by this organization?
Based on the available data, the primary charitable purpose or community benefit is not explicitly stated. The organization's name suggests a focus on golf, but without program details, it's unclear how this translates into a nonprofit mission beyond potentially maintaining a golf course.
Filing History
IRS 990 filing history for Madison Golf Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Madison Golf Club's revenue has grown by 98.4%, moving from $938K to $1.9M. Total assets increased by 6% over the same period, from $3.0M to $3.1M. Total functional expenses rose by 49.6%, from $1.1M to $1.6M. In its most recent filing year (2023), Madison Golf Club reported a surplus of $262K, with revenue exceeding expenses. The organization holds $500K in liabilities against $3.1M in assets (debt-to-asset ratio: 16.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.6M | $3.1M | $500K | — | — |
| 2022 | $2.0M | $1.5M | $3.1M | $702K | — | — |
| 2021 | $1.8M | $1.3M | $2.6M | $751K | — | View 990 |
| 2020 | $1.5M | $1.3M | $2.5M | $1.1M | — | — |
| 2019 | $1.3M | $1.3M | $2.4M | $1.1M | — | View 990 |
| 2018 | $1.3M | $1.3M | $2.5M | $1.2M | — | View 990 |
| 2017 | $1.3M | $1.2M | $2.4M | $1.1M | — | — |
| 2016 | $1.3M | $1.3M | $2.4M | $1.2M | — | View 990 |
| 2015 | $1.2M | $1.3M | $2.5M | $1.3M | — | View 990 |
| 2014 | $1.0M | $1.2M | $2.5M | $1.2M | — | View 990 |
| 2013 | $1.2M | $1.2M | $2.8M | $1.4M | — | View 990 |
| 2012 | $951K | $1.1M | $2.7M | $1.4M | — | View 990 |
| 2011 | $938K | $1.1M | $3.0M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.6M, and assets of $3.1M (revenue -5.8% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.5M, and assets of $3.1M (revenue +11.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.3M, and assets of $2.6M (revenue +22.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $2.5M (revenue +10.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $2.4M (revenue +0.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $2.5M (revenue -1.5% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $2.4M (revenue +3.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $2.4M (revenue +6.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $2.5M (revenue +17.2% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.2M, and assets of $2.5M (revenue -15.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $2.8M (revenue +27.8% year-over-year).
- 2012: Revenue of $951K, expenses of $1.1M, and assets of $2.7M (revenue +1.4% year-over-year).
- 2011: Revenue of $938K, expenses of $1.1M, and assets of $3.0M.
Data Sources and Methodology
This transparency report for Madison 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.