Maidstone Club Inc

Maidstone Club Inc. maintains stable finances with growing assets and no reported officer compensation.

EIN: 111036940 · East Hampton, NY · Updated: 2026-03-28

$30.2MRevenue

$49.0MAssets

70/100Mission Score (Good)

About Maidstone Club Inc

Maidstone Club Inc (EIN: 111036940) is a nonprofit organization based in East Hampton, NY. The organization reported total revenue of $30.2M and total assets of $49.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maidstone Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Maidstone Club Inc. demonstrates consistent financial operations with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, revenue was $15,202,166 against expenses of $15,076,973, indicating a slight surplus. The organization's assets have shown growth, increasing from $23,790,697 in 2014 to $25,649,634 in 2023, suggesting financial stability. Liabilities remain relatively low compared to assets, with $1,375,568 in 2023, which is a positive indicator of financial health. However, without a clear NTEE code or detailed program spending information, it is challenging to fully assess spending efficiency and program focus. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is structured in a way not reported as officer compensation on the 990, which would warrant further investigation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maidstone Club Inc 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, Maidstone Club Inc 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 organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $15 million in recent years. This suggests either a volunteer leadership structure or that compensation is categorized differently, warranting further inquiry.

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 Maidstone Club Inc's IRS 990 filings:

Unknown NTEE code makes mission assessment difficult
Consistent 0% officer compensation for an organization of this size warrants further investigation into executive remuneration practices.

Strengths

The following positive indicators were identified for Maidstone Club Inc:

Consistent revenue generation over expenses in most years
Growing asset base, indicating financial stability (e.g., assets grew from $23.7M in 2014 to $25.6M in 2023)
Relatively low liabilities compared to assets
Long history of IRS 990 filings, indicating transparency in reporting

Frequently Asked Questions about Maidstone Club Inc

What is the primary mission or program activity of Maidstone Club Inc. given its NTEE code is unknown?

Without an NTEE code or detailed program expense breakdown, the specific mission and program activities of Maidstone Club Inc. are unclear from the provided data.

How does Maidstone Club Inc. manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation suggests either a fully volunteer leadership, or that compensation for key management is reported under other expense categories, or through related entities not detailed in this summary.

What are the specific categories of expenses that constitute the majority of the organization's spending?

The provided data only gives total expenses. A detailed breakdown of program, administrative, and fundraising expenses is needed to understand the specific spending categories.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Maidstone Club Inc's revenue has grown by 41.9%, moving from $10.7M to $15.2M. Total assets increased by 23.8% over the same period, from $20.7M to $25.6M. Total functional expenses rose by 64.7%, from $9.2M to $15.1M. In its most recent filing year (2023), Maidstone Club Inc reported a surplus of $125K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $25.6M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $24.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$15.2M	$15.1M	$25.6M	$1.4M	—	—
2022	$15.3M	$14.0M	$25.5M	$1.4M	—	View 990
2021	$13.5M	$13.2M	$23.4M	$629K	—	View 990
2020	$11.7M	$11.7M	$23.5M	$967K	—	View 990
2019	$11.7M	$12.2M	$23.1M	$431K	—	—
2018	$12.1M	$12.1M	$23.6M	$346K	—	View 990
2017	$12.2M	$11.7M	$23.6M	$283K	—	View 990
2016	$11.6M	$11.7M	$23.2M	$331K	—	View 990
2015	$10.6M	$11.0M	$23.4M	$432K	—	View 990
2014	$11.4M	$10.5M	$23.8M	$387K	—	View 990
2013	$11.0M	$9.9M	$22.8M	$305K	—	View 990
2012	$10.2M	$9.4M	$21.7M	$412K	—	View 990
2011	$10.7M	$9.2M	$20.7M	$164K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $15.2M, expenses of $15.1M, and assets of $25.6M (revenue -0.5% year-over-year).
2022: Revenue of $15.3M, expenses of $14.0M, and assets of $25.5M (revenue +13.0% year-over-year).
2021: Revenue of $13.5M, expenses of $13.2M, and assets of $23.4M (revenue +15.5% year-over-year).
2020: Revenue of $11.7M, expenses of $11.7M, and assets of $23.5M (revenue +0.2% year-over-year).
2019: Revenue of $11.7M, expenses of $12.2M, and assets of $23.1M (revenue -3.3% year-over-year).
2018: Revenue of $12.1M, expenses of $12.1M, and assets of $23.6M (revenue -0.7% year-over-year).
2017: Revenue of $12.2M, expenses of $11.7M, and assets of $23.6M (revenue +4.9% year-over-year).
2016: Revenue of $11.6M, expenses of $11.7M, and assets of $23.2M (revenue +9.7% year-over-year).
2015: Revenue of $10.6M, expenses of $11.0M, and assets of $23.4M (revenue -6.9% year-over-year).
2014: Revenue of $11.4M, expenses of $10.5M, and assets of $23.8M (revenue +2.8% year-over-year).
2013: Revenue of $11.0M, expenses of $9.9M, and assets of $22.8M (revenue +8.3% year-over-year).
2012: Revenue of $10.2M, expenses of $9.4M, and assets of $21.7M (revenue -4.8% year-over-year).
2011: Revenue of $10.7M, expenses of $9.2M, and assets of $20.7M.

Data Sources and Methodology

This transparency report for Maidstone 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.