Nassau Country Club

Nassau Country Club shows consistent revenue growth and financial surpluses, with no reported officer compensation.

EIN: 111113880 · Glen Cove, NY · Updated: 2026-03-28

$12.0MRevenue

$15.0MAssets

60/100Mission Score (Good)

Is Nassau Country Club Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Nassau Country Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Nassau Country Club

Nassau Country Club (EIN: 111113880) is a nonprofit organization based in Glen Cove, NY. The organization reported total revenue of $12.0M and total assets of $15.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nassau Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Nassau Country Club, despite its classification as a nonprofit, operates more akin to a private club given its name and lack of a specified NTEE code. Its financial health appears stable and growing, with revenues consistently exceeding expenses in recent years. For example, in 2023, revenue was $10,058,911 against expenses of $9,393,414, resulting in a surplus. This trend of positive net income is also observed in 2022 ($9,820,549 revenue vs. $8,477,920 expenses) and 2021 ($8,346,547 revenue vs. $7,321,382 expenses), indicating sound financial management and an ability to build reserves. Assets have also shown significant growth, increasing from $8,805,203 in 2020 to $14,697,463 in 2023, suggesting reinvestment or accumulation of wealth. 

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent surpluses suggest that overall spending is well-managed relative to income. A notable aspect is the reported 0% officer compensation across all filings, which could imply that executive roles are either unpaid, compensated through other means not categorized as 'officer compensation' on the 990, or that the organization's structure does not involve traditional compensated officers in the same way a typical public charity might. This lack of detail on compensation and program spending limits a comprehensive evaluation of its operational efficiency and transparency from a typical nonprofit perspective.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nassau Country Club with a Mission Score of 60 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, Nassau Country Club 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

Executive compensation is reported as 0% across all available filings, which is unusual for an organization with over $10 million in annual revenue and suggests that key leadership roles may be uncompensated or compensated through non-officer channels, or that the organization's structure differs from typical nonprofits.

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 Nassau Country Club's IRS 990 filings:

Lack of NTEE code and clear mission statement for a 'country club' nonprofit
No breakdown of program, administrative, and fundraising expenses
Consistently reported 0% officer compensation for a multi-million dollar organization
High liabilities relative to assets in some earlier periods (e.g., 2015: Liabilities $4,651,376 vs. Assets $11,467,423)

Strengths

The following positive indicators were identified for Nassau Country Club:

Consistent revenue growth over the past several years, from $7.6M in 2019 to $10M in 2023
Positive net income in recent years (e.g., $665,497 surplus in 2023, $1,342,629 surplus in 2022)
Significant growth in assets, from $8.8M in 2020 to $14.6M in 2023
Strong asset base relative to annual expenses, indicating financial stability

Frequently Asked Questions about Nassau Country Club

Is Nassau Country Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Nassau Country Club (EIN: 111113880) some concerns. Mission Score: 60/100. 4 red flags identified, 4 strengths noted.

How does Nassau Country Club spend its money?

Nassau Country Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Nassau Country Club tax-deductible?

Nassau Country Club is registered as a tax-exempt nonprofit (EIN: 111113880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What is the specific mission or purpose of Nassau Country Club as a nonprofit?

The provided data does not specify the NTEE code or a detailed mission statement, making it unclear what charitable or public benefit purpose the Nassau Country Club serves as a nonprofit organization.

How does Nassau Country Club allocate its expenses between program services, administration, and fundraising?

The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, which limits the ability to assess spending efficiency.

Why is officer compensation consistently reported as 0% despite significant revenue?

The consistent reporting of 0% officer compensation for an organization of this size is atypical and warrants further investigation into how its leadership is structured and compensated, if at all.

What are the primary sources of revenue for Nassau Country Club?

While total revenue is provided, the specific breakdown of revenue sources (e.g., membership dues, event fees, investments) is not detailed in the summary data.

Given its name, how does Nassau Country Club qualify for nonprofit status?

Without an NTEE code or mission statement, it's unclear how a 'country club' structure aligns with the typical public benefit requirements for nonprofit tax-exempt status.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Nassau Country Club's revenue has grown by 34.5%, moving from $7.5M to $10.1M. Total assets increased by 23.1% over the same period, from $11.9M to $14.7M. Total functional expenses rose by 22.1%, from $7.7M to $9.4M. In its most recent filing year (2023), Nassau Country Club reported a surplus of $665K, with revenue exceeding expenses. The organization holds $5.8M in liabilities against $14.7M in assets (debt-to-asset ratio: 39.2%), resulting in net assets of $8.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$10.1M	$9.4M	$14.7M	$5.8M	—	View 990
2022	$9.8M	$8.5M	$11.0M	$2.8M	—	View 990
2021	$8.3M	$7.3M	$9.2M	$2.2M	—	—
2020	$8.2M	$8.2M	$8.8M	$2.9M	—	—
2019	$7.7M	$8.3M	$9.3M	$3.4M	—	View 990
2018	$8.0M	$8.3M	$10.0M	$3.5M	—	View 990
2017	$7.4M	$8.0M	$11.0M	$4.2M	—	View 990
2016	$8.3M	$7.7M	$11.2M	$3.8M	—	View 990
2015	$8.4M	$8.6M	$11.5M	$4.7M	—	View 990
2014	$7.7M	$7.9M	$11.4M	$4.9M	—	View 990
2013	$7.6M	$7.4M	$11.5M	$4.7M	—	View 990
2012	$7.4M	$7.5M	$9.6M	$3.1M	—	View 990
2011	$7.5M	$7.7M	$11.9M	$5.3M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $10.1M, expenses of $9.4M, and assets of $14.7M (revenue +2.4% year-over-year).
2022: Revenue of $9.8M, expenses of $8.5M, and assets of $11.0M (revenue +17.7% year-over-year).
2021: Revenue of $8.3M, expenses of $7.3M, and assets of $9.2M (revenue +2.0% year-over-year).
2020: Revenue of $8.2M, expenses of $8.2M, and assets of $8.8M (revenue +6.4% year-over-year).
2019: Revenue of $7.7M, expenses of $8.3M, and assets of $9.3M (revenue -3.7% year-over-year).
2018: Revenue of $8.0M, expenses of $8.3M, and assets of $10.0M (revenue +7.9% year-over-year).
2017: Revenue of $7.4M, expenses of $8.0M, and assets of $11.0M (revenue -10.9% year-over-year).
2016: Revenue of $8.3M, expenses of $7.7M, and assets of $11.2M (revenue -1.0% year-over-year).
2015: Revenue of $8.4M, expenses of $8.6M, and assets of $11.5M (revenue +8.3% year-over-year).
2014: Revenue of $7.7M, expenses of $7.9M, and assets of $11.4M (revenue +1.9% year-over-year).
2013: Revenue of $7.6M, expenses of $7.4M, and assets of $11.5M (revenue +2.2% year-over-year).
2012: Revenue of $7.4M, expenses of $7.5M, and assets of $9.6M (revenue -0.7% year-over-year).
2011: Revenue of $7.5M, expenses of $7.7M, and assets of $11.9M.

Data Sources and Methodology

This transparency report for Nassau Country 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.