Navesink Country Club Inc

Navesink Country Club Inc. demonstrates consistent revenue growth and asset accumulation with no reported officer compensation on IRS 990s.

EIN: 210744409 · Red Bank, NJ · Updated: 2026-03-28

$19.8MRevenue

$35.2MAssets

65/100Mission Score (Good)

Is Navesink Country Club Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

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

Navesink Country Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Navesink Country Club Inc

Navesink Country Club Inc (EIN: 210744409) is a nonprofit organization based in Red Bank, NJ. The organization reported total revenue of $19.8M and total assets of $35.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Navesink Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Navesink Country Club Inc. operates as a social club, which is reflected in its financial structure and activities. Over the past decade, the organization has shown consistent revenue growth, increasing from $8.78 million in 2014 to $14.36 million in 2023. Expenses have generally tracked revenue, indicating a stable operational model. The club consistently reports a positive net income, contributing to a steady increase in assets, which grew from $22.9 million in 2014 to $33.2 million in 2023. Liabilities have also increased, but the organization maintains a healthy asset-to-liability ratio, suggesting good financial solvency.

As a country club, its spending efficiency is primarily measured by its ability to provide services to its members while maintaining its facilities. The IRS 990 filings indicate that the vast majority of its expenses are operational, directly supporting its club activities. The absence of reported officer compensation in all available filings suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a notable aspect for a non-profit of this size. However, without a detailed functional expense breakdown (program, administrative, fundraising), a precise assessment of spending efficiency is limited.

Transparency is generally good, with consistent annual filings available. The lack of reported officer compensation on the 990s, while potentially positive, could also indicate a need for deeper scrutiny into how leadership is compensated or structured, especially for an organization with nearly $20 million in latest reported revenue. The NTEE code being 'Unknown' also limits the ability to benchmark against similar organizations, which is a minor transparency drawback.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Navesink Country Club Inc 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Navesink 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.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation across all available periods, which is unusual for an organization with annual revenues exceeding $14 million and assets over $33 million. This suggests that key leadership may be volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, warranting further investigation for full 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 Navesink Country Club Inc's IRS 990 filings:

Consistent 0% officer compensation reported on 990s for an organization with significant revenue and assets, which may obscure actual leadership compensation.
NTEE code is 'Unknown', limiting ability to benchmark against peer organizations and understand its specific non-profit classification.

Strengths

The following positive indicators were identified for Navesink Country Club Inc:

Consistent revenue growth over the past decade, from $8.78M in 2014 to $14.36M in 2023.
Healthy asset accumulation, with assets growing from $22.9M in 2014 to $33.2M in 2023.
Positive net income reported in every filing period, indicating financial stability.
Strong asset-to-liability ratio, suggesting good financial solvency.

Frequently Asked Questions about Navesink Country Club Inc

Is Navesink Country Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Navesink Country Club Inc (EIN: 210744409) some concerns. Mission Score: 65/100. 2 red flags identified, 4 strengths noted.

How does Navesink Country Club Inc spend its money?

Navesink Country Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Navesink Country Club Inc tax-deductible?

Navesink Country Club Inc is registered as a tax-exempt nonprofit (EIN: 210744409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Navesink Country Club Inc. manage to report 0% officer compensation despite its significant revenue and assets?

The IRS 990 filings consistently show 0% officer compensation. This could mean that the club's leadership is entirely volunteer-based, or that compensation for key management is structured in a way that it is not reported under 'officer compensation' on the 990 form, such as being classified as general salaries or contractor fees. Further detail would be needed to understand this structure.

What is the primary purpose of Navesink Country Club Inc. as a non-profit organization?

As a country club, its primary purpose is typically to provide recreational and social facilities and services to its members. Its non-profit status likely stems from its classification as a social club under IRS code, rather than a public charity, meaning its activities primarily benefit its members.

What is the trend in the organization's net assets over the past decade?

The organization's net assets have shown a consistent upward trend. Assets grew from $22,936,988 in 2014 to $33,208,611 in 2023, while liabilities also increased but at a rate that maintained a healthy equity position, indicating financial stability and growth.

How does the club's revenue growth compare to its expense growth?

Revenue has grown from $8,780,570 in 2014 to $14,364,122 in 2023, while expenses increased from $8,622,457 to $14,058,249 over the same period. Both have grown steadily, with revenue consistently exceeding expenses, leading to positive net income each year.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Navesink Country Club Inc's revenue has grown by 63.8%, moving from $8.8M to $14.4M. Total assets increased by 45.7% over the same period, from $22.8M to $33.2M. Total functional expenses rose by 70.1%, from $8.3M to $14.1M. In its most recent filing year (2023), Navesink Country Club Inc reported a surplus of $306K, with revenue exceeding expenses. The organization holds $13.4M in liabilities against $33.2M in assets (debt-to-asset ratio: 40.3%), resulting in net assets of $19.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$14.4M	$14.1M	$33.2M	$13.4M	—	—
2022	$14.1M	$13.3M	$33.6M	$14.1M	—	View 990
2021	$13.9M	$12.6M	$33.5M	$15.2M	—	View 990
2020	$11.4M	$10.2M	$32.7M	$16.0M	—	View 990
2019	$10.9M	$10.5M	$29.2M	$13.4M	—	View 990
2018	$9.9M	$9.5M	$25.5M	$9.9M	—	View 990
2017	$9.3M	$9.1M	$22.0M	$6.9M	—	View 990
2016	$9.1M	$9.0M	$22.0M	$7.1M	—	View 990
2015	$9.5M	$8.7M	$22.8M	$8.0M	—	View 990
2014	$8.8M	$8.6M	$22.9M	$8.9M	—	View 990
2013	$8.9M	$8.8M	$23.5M	$9.6M	—	View 990
2012	$8.8M	$8.3M	$22.7M	$9.0M	—	View 990
2011	$8.8M	$8.3M	$22.8M	$9.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $14.4M, expenses of $14.1M, and assets of $33.2M (revenue +2.1% year-over-year).
2022: Revenue of $14.1M, expenses of $13.3M, and assets of $33.6M (revenue +1.0% year-over-year).
2021: Revenue of $13.9M, expenses of $12.6M, and assets of $33.5M (revenue +22.2% year-over-year).
2020: Revenue of $11.4M, expenses of $10.2M, and assets of $32.7M (revenue +5.0% year-over-year).
2019: Revenue of $10.9M, expenses of $10.5M, and assets of $29.2M (revenue +9.8% year-over-year).
2018: Revenue of $9.9M, expenses of $9.5M, and assets of $25.5M (revenue +5.8% year-over-year).
2017: Revenue of $9.3M, expenses of $9.1M, and assets of $22.0M (revenue +2.6% year-over-year).
2016: Revenue of $9.1M, expenses of $9.0M, and assets of $22.0M (revenue -3.7% year-over-year).
2015: Revenue of $9.5M, expenses of $8.7M, and assets of $22.8M (revenue +7.7% year-over-year).
2014: Revenue of $8.8M, expenses of $8.6M, and assets of $22.9M (revenue -1.8% year-over-year).
2013: Revenue of $8.9M, expenses of $8.8M, and assets of $23.5M (revenue +1.7% year-over-year).
2012: Revenue of $8.8M, expenses of $8.3M, and assets of $22.7M (revenue +0.2% year-over-year).
2011: Revenue of $8.8M, expenses of $8.3M, and assets of $22.8M.

Data Sources and Methodology

This transparency report for Navesink 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.