Midvale Golf And Country Club Inc
Midvale Golf And Country Club Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 160741923 · Penfield, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $4.1M |
| Program Spending | 90% |
| Net Assets | $756K |
| Transparency Score | 75/100 |
Is Midvale Golf And Country Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Midvale Golf And Country Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Midvale Golf And Country Club Inc
Midvale Golf And Country Club Inc (EIN: 160741923) is a nonprofit organization based in Penfield, NY. The organization reported total revenue of $5.6M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midvale Golf And Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midvale Golf And Country Club Inc is a mid-size nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$471K |
| Total Assets | $5.2M |
| Total Liabilities | $4.4M |
| Net Assets | $756K |
| Operating Margin | 10.3% |
| Debt-to-Asset Ratio | 85.4% |
| Months of Reserves | 15.1 months |
Financial Health Grade: A
In 2023, Midvale Golf And Country Club Inc reported a surplus of $471K with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 85.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Midvale Golf And Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +17.1% | +30.4% |
| 2022 | +17.5% | +14.5% | +35.9% |
| 2021 | +12.1% | -12.6% | +33.1% |
| 2020 | +2.0% | +5.0% | +0.5% |
| 2019 | +7.0% | -0.3% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
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 Midvale Golf And Country Club Inc with a Mission Score of 75 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Midvale Golf And Country Club Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $471K, with revenue exceeding expenses.
- Debt-to-asset ratio: 85.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive remuneration is not categorized as officer compensation on the 990 form, which warrants further investigation for complete transparency.
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 Midvale Golf And Country Club Inc's IRS 990 filings:
- Consistent 0% officer compensation could mask executive remuneration if not truly volunteer-led
- NTEE code is unknown, limiting clear understanding of its specific charitable or social purpose beyond its name
Strengths
The following positive indicators were identified for Midvale Golf And Country Club Inc:
- Consistent revenue growth over the past several years, from $2,982,323 in 2018 to $5,553,788 currently.
- Positive net income in recent periods, indicating financial stability (e.g., 2023: $4,596,804 revenue vs. $4,125,612 expenses).
- Steady increase in assets, reaching $6,374,658, suggesting financial health and reinvestment.
- Expenses generally well-managed relative to revenue, contributing to financial sustainability.
Frequently Asked Questions about Midvale Golf And Country Club Inc
Is Midvale Golf And Country Club Inc a legitimate charity?
Midvale Golf And Country Club Inc (EIN: 160741923) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Midvale Golf And Country Club Inc spend its money?
Midvale Golf And Country Club Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Midvale Golf And Country Club Inc tax-deductible?
Midvale Golf And Country Club Inc is registered as a tax-exempt nonprofit (EIN: 160741923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Midvale Golf And Country Club Inc's spending goes to programs?
Midvale Golf And Country Club Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Midvale Golf And Country Club Inc located?
Midvale Golf And Country Club Inc is headquartered in Penfield, New York and files with the IRS under EIN 160741923.
How many years of IRS 990 filings does Midvale Golf And Country Club Inc have?
Midvale Golf And Country Club Inc 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 $5.6M in total revenue.
How does Midvale Golf And Country Club Inc define its 'program services' given its 501(c)(7) status?
As a 501(c)(7) social club, 'program services' would primarily encompass the provision and maintenance of golf course facilities, club amenities, and social activities for its members, funded by membership dues and related revenues.
Why is officer compensation consistently reported as 0% across all filings?
This could indicate that the organization's executive leadership is entirely volunteer-based, or that any compensation for key personnel is reported under different expense categories, or that the individuals serving as officers do not receive compensation from the organization.
What is the organization's strategy for managing its increasing liabilities?
While liabilities have increased, they remain lower than assets. The organization's consistent revenue growth and positive net income in recent years suggest it has the capacity to manage and service its debt obligations effectively.
Filing History
IRS 990 filing history for Midvale Golf And Country Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Midvale Golf And Country Club Inc's revenue has grown by 40.2%, moving from $3.3M to $4.6M. Total assets increased by 54.8% over the same period, from $3.4M to $5.2M. Total functional expenses rose by 22.7%, from $3.4M to $4.1M. In its most recent filing year (2023), Midvale Golf And Country Club Inc reported a surplus of $471K, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $5.2M in assets (debt-to-asset ratio: 85.4%), resulting in net assets of $756K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $4.1M | $5.2M | $4.4M | — | View 990 |
| 2022 | $4.3M | $3.5M | $4.0M | $3.7M | — | View 990 |
| 2021 | $3.7M | $3.1M | $2.9M | $3.4M | — | — |
| 2020 | $3.3M | $3.5M | $2.2M | $3.3M | — | — |
| 2019 | $3.2M | $3.4M | $2.2M | $3.0M | — | View 990 |
| 2018 | $3.0M | $3.4M | $2.2M | $2.9M | — | View 990 |
| 2017 | $3.2M | $3.2M | $2.8M | $3.1M | — | View 990 |
| 2016 | $3.2M | $3.3M | $2.7M | $2.9M | — | View 990 |
| 2015 | $3.3M | $3.4M | $2.9M | $3.0M | — | View 990 |
| 2014 | $3.4M | $3.4M | $3.2M | $3.1M | — | View 990 |
| 2013 | $3.2M | $3.3M | $3.1M | $2.9M | — | View 990 |
| 2012 | $3.3M | $3.4M | $3.1M | $2.9M | — | View 990 |
| 2011 | $3.3M | $3.4M | $3.4M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $4.1M, and assets of $5.2M (revenue +7.1% year-over-year).
- 2022: Revenue of $4.3M, expenses of $3.5M, and assets of $4.0M (revenue +17.5% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.1M, and assets of $2.9M (revenue +12.1% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.5M, and assets of $2.2M (revenue +2.0% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.4M, and assets of $2.2M (revenue +7.0% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.4M, and assets of $2.2M (revenue -5.8% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.2M, and assets of $2.8M (revenue -2.2% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.3M, and assets of $2.7M (revenue -1.1% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.4M, and assets of $2.9M (revenue -2.6% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.4M, and assets of $3.2M (revenue +4.9% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.3M, and assets of $3.1M (revenue -2.9% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.4M, and assets of $3.1M (revenue +0.6% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.4M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midvale Golf And Country Club Inc:
Data Sources and Methodology
This transparency report for Midvale Golf And Country 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.