Montammy Golf Club
Montammy Golf Club: High Revenue, Questionable Nonprofit Status
EIN: 221824492 · Alpine, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $15.0M |
| Total Expenses | $12.3M |
| Net Assets | $4.7M |
| Transparency Score | 20/100 |
Is Montammy Golf Club Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Montammy Golf Club
Montammy Golf Club (EIN: 221824492) is a nonprofit organization based in Alpine, NJ. The organization reported total revenue of $15.0M and total assets of $22.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montammy Golf Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montammy Golf Club is a large nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.9M |
| Total Expenses | $12.3M |
| Surplus / Deficit | +$609K |
| Total Assets | $20.3M |
| Total Liabilities | $15.6M |
| Net Assets | $4.7M |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 76.8% |
| Months of Reserves | 19.8 months |
Financial Health Grade: A
In 2023, Montammy Golf Club reported a surplus of $609K with revenue exceeding expenses, holds 19.8 months of operating reserves (strong position), has a debt-to-asset ratio of 76.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Montammy Golf Club's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | +3.0% | -0.9% |
| 2022 | +7.7% | +12.1% | +3.3% |
| 2021 | +22.0% | +19.3% | +0.7% |
| 2020 | -9.1% | -10.1% | -1.8% |
| 2019 | -0.8% | -2.8% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
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 Montammy Golf Club with a Mission Score of 20 out of 100 (Poor). 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, Montammy Golf Club allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $609K, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.8%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given the nature of a social club and the lack of program services, any significant compensation would warrant scrutiny regarding its alignment with a nonprofit mission.
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 Montammy Golf Club's IRS 990 filings:
- No reported program service expenses across multiple years, despite significant revenue (e.g., $12,931,636 in 2023).
- The organization's activities appear to be solely for the benefit of its members, which is inconsistent with a public charity's mission.
- Consistent reporting of '0%' for program service accomplishments on Form 990-EZ filings.
Strengths
The following positive indicators were identified for Montammy Golf Club:
- Consistently high revenue generation, indicating strong financial stability for its operational model.
- Positive net assets, with $21,957,996 in 2023, suggesting sound financial management within its operational scope.
Frequently Asked Questions about Montammy Golf Club
Is Montammy Golf Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Montammy Golf Club (EIN: 221824492) significant concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
How does Montammy Golf Club spend its money?
Detailed spending breakdown data is not yet available for Montammy Golf Club. Check back for updated IRS 990 analysis.
Are donations to Montammy Golf Club tax-deductible?
Montammy Golf Club is registered as a tax-exempt nonprofit (EIN: 221824492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Montammy Golf Club located?
Montammy Golf Club is headquartered in Alpine, New Jersey and files with the IRS under EIN 221824492.
How many years of IRS 990 filings does Montammy Golf Club have?
Montammy 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 $15.0M in total revenue.
What does Montammy Golf Club do?
Montammy Golf Club is a nonprofit organization in the Unknown sector, located in Alpine, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Montammy Golf Club have?
Montammy Golf Club reported total revenue of $14,951,500. Based on 13 IRS 990 filings on record.
What are Montammy Golf Club's total assets?
Montammy Golf Club holds total assets of $21,957,996 as reported in IRS 990 filings.
Where is Montammy Golf Club located?
Montammy Golf Club is based in Alpine, New Jersey.
What is Montammy Golf Club's EIN?
Montammy Golf Club's Employer Identification Number (EIN) is 221824492. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Montammy Golf Club?
Montammy Golf Club is classified under NTEE code Unknown (Unknown).
Is Montammy Golf Club a registered 501(c)(3)?
Montammy Golf Club appears in IRS records (EIN: 221824492). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Montammy Golf Club file IRS Form 990?
Yes, Montammy Golf Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Montammy Golf Club's revenue in 2023?
In the 202312 filing period, Montammy Golf Club reported total revenue of $12,931,636, total expenses of $12,322,989, and net assets of $20,316,388.
Is Montammy Golf Club's revenue growing or declining?
Montammy Golf Club's revenue is growing. Revenue went from $11,986,635 (202212) to $12,931,636 (202312), a +7.9% change. Based on 13 filings on record.
What is Montammy Golf Club's most recent 990 filing?
The most recent IRS Form 990 filing for Montammy Golf Club covers tax period 202312. It shows revenue of $12,931,636, expenses of $12,322,989, total assets of $20,316,388, and liabilities of $15,597,002.
Is Montammy Golf Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Montammy Golf Club has notable concerns. Mission Score: 20/100 (Poor). 3 red flags identified. 2 strengths noted.
What are the red flags for Montammy Golf Club?
The following concerns were identified: No reported program service expenses across multiple years, despite significant revenue (e.g., $12,931,636 in 2023).. The organization's activities appear to be solely for the benefit of its members, which is inconsistent with a public charity's mission.. Consistent reporting of '0%' for program service accomplishments on Form 990-EZ filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Montammy Golf Club's strengths?
Positive indicators for Montammy Golf Club include: Consistently high revenue generation, indicating strong financial stability for its operational model.. Positive net assets, with $21,957,996 in 2023, suggesting sound financial management within its operational scope.. These findings are derived from AI analysis of the organization's financial filings.
How does Montammy Golf Club compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given the nature of a social club and the lack of program services, any significant compensation would warrant scrutiny regarding its alignment with a nonprofit mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of zero program service expenses and accomplishments, what is the specific 501(c) designation of Montammy Golf Club, and how does it justify its tax-exempt status?
Based on the financial data and lack of public benefit activities, Montammy Golf Club likely operates as a 501(c)(7) social club, which is tax-exempt for its member-related income but not for public charitable purposes. This designation allows it to operate for the pleasure, recreation, and other nonprofitable purposes of its members, rather than serving the broader public.
How does an organization with no reported program service expenses generate over $12 million in revenue (2023) and maintain substantial assets?
The revenue is generated through membership dues, fees for services (e.g., golf, dining), and other activities exclusively for its members. The assets represent the club's property, facilities, and investments, which are used to support the recreational and social activities of its members, rather than being deployed for charitable programs.
Filing History
IRS 990 filing history for Montammy Golf Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Montammy Golf Club's revenue has grown by 96.6%, moving from $6.6M to $12.9M. Total assets increased by 113% over the same period, from $9.5M to $20.3M. Total functional expenses rose by 75.1%, from $7.0M to $12.3M. In its most recent filing year (2023), Montammy Golf Club reported a surplus of $609K, with revenue exceeding expenses. The organization holds $15.6M in liabilities against $20.3M in assets (debt-to-asset ratio: 76.8%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.9M | $12.3M | $20.3M | $15.6M | — | — |
| 2022 | $12.0M | $12.0M | $20.5M | $16.1M | — | View 990 |
| 2021 | $11.1M | $10.7M | $19.8M | $17.0M | — | View 990 |
| 2020 | $9.1M | $9.0M | $19.7M | $18.0M | — | View 990 |
| 2019 | $10.0M | $10.0M | $20.1M | $17.6M | — | — |
| 2018 | $10.1M | $10.2M | $21.6M | $18.3M | — | View 990 |
| 2017 | $9.6M | $8.8M | $22.8M | $19.6M | — | View 990 |
| 2016 | $9.7M | $9.8M | $13.7M | $12.0M | — | View 990 |
| 2015 | $9.2M | $8.7M | $12.7M | $10.4M | — | View 990 |
| 2014 | $8.1M | $8.2M | $12.9M | $11.0M | — | View 990 |
| 2013 | $8.5M | $8.2M | $10.9M | $8.8M | — | View 990 |
| 2012 | $7.5M | $8.0M | $10.5M | $8.6M | — | View 990 |
| 2011 | $6.6M | $7.0M | $9.5M | $7.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.9M, expenses of $12.3M, and assets of $20.3M (revenue +7.9% year-over-year).
- 2022: Revenue of $12.0M, expenses of $12.0M, and assets of $20.5M (revenue +7.7% year-over-year).
- 2021: Revenue of $11.1M, expenses of $10.7M, and assets of $19.8M (revenue +22.0% year-over-year).
- 2020: Revenue of $9.1M, expenses of $9.0M, and assets of $19.7M (revenue -9.1% year-over-year).
- 2019: Revenue of $10.0M, expenses of $10.0M, and assets of $20.1M (revenue -0.8% year-over-year).
- 2018: Revenue of $10.1M, expenses of $10.2M, and assets of $21.6M (revenue +5.4% year-over-year).
- 2017: Revenue of $9.6M, expenses of $8.8M, and assets of $22.8M (revenue -1.3% year-over-year).
- 2016: Revenue of $9.7M, expenses of $9.8M, and assets of $13.7M (revenue +6.1% year-over-year).
- 2015: Revenue of $9.2M, expenses of $8.7M, and assets of $12.7M (revenue +13.0% year-over-year).
- 2014: Revenue of $8.1M, expenses of $8.2M, and assets of $12.9M (revenue -4.3% year-over-year).
- 2013: Revenue of $8.5M, expenses of $8.2M, and assets of $10.9M (revenue +12.3% year-over-year).
- 2012: Revenue of $7.5M, expenses of $8.0M, and assets of $10.5M (revenue +14.7% year-over-year).
- 2011: Revenue of $6.6M, expenses of $7.0M, and assets of $9.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montammy Golf Club:
Data Sources and Methodology
This transparency report for Montammy 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.