North Hills Country Club Inc
North Hills Country Club Inc. shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 111139700 · Manhasset, NY · Updated: 2026-03-28
Is North Hills 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 →
North Hills Country Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Hills Country Club Inc
North Hills Country Club Inc (EIN: 111139700) is a nonprofit organization based in Manhasset, NY. The organization reported total revenue of $15.4M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Hills Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Hills Country Club Inc is a large nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $10.9M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $13.2M |
| Total Liabilities | $5.6M |
| Net Assets | $7.6M |
| Operating Margin | 11.4% |
| Debt-to-Asset Ratio | 42.3% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, North Hills Country Club Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 42.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2023), North Hills Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.2% | +9.1% | +52.8% |
| 2021 | +41.5% | +38.7% | +16.2% |
| 2020 | -4.3% | -7.1% | +1.6% |
| 2019 | -3.6% | -3.4% | -10.5% |
| 2018 | +1.4% | +1.7% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
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 North Hills Country Club Inc with a Mission Score of 70 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, North Hills Country Club Inc 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings. This is highly unusual for an organization with annual revenues exceeding $10 million and suggests that executive compensation may be reported under other expense categories or that the club is managed by unpaid volunteers.
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 North Hills Country Club Inc's IRS 990 filings:
- NTEE code is unknown, making it difficult to assess charitable mission alignment.
- Consistent 0% officer compensation for an organization with over $10M in revenue is unusual and lacks transparency regarding executive pay.
- Lack of detailed expense breakdown beyond total expenses hinders a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for North Hills Country Club Inc:
- Consistent revenue growth, with revenue increasing from $8,090,042 in 2013 to $12,292,729 in 2023.
- Strong asset growth, nearly doubling from $7,494,751 in 2013 to $13,243,140 in 2023.
- Positive net income in recent years, such as $1,406,784 in 2023, indicating financial stability.
- Healthy asset-to-liability ratio, suggesting good financial solvency.
Frequently Asked Questions about North Hills Country Club Inc
Is North Hills Country Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Hills Country Club Inc (EIN: 111139700) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does North Hills Country Club Inc spend its money?
North Hills Country Club Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Hills Country Club Inc tax-deductible?
North Hills Country Club Inc is registered as a tax-exempt nonprofit (EIN: 111139700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary charitable purpose of North Hills Country Club Inc. given its NTEE code is unknown?
Without an NTEE code or detailed program service accomplishments, it's difficult to ascertain the specific charitable purpose. Country clubs typically serve their members, and their tax-exempt status often relates to social welfare or recreational purposes rather than traditional public charity.
How are key management personnel compensated if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that either the club is managed by unpaid volunteers, or compensation for key management is categorized under other expense lines (e.g., salaries and wages for employees) rather than specifically as officer compensation on the 990, which would require further investigation for clarity.
What is the breakdown of program, administrative, and fundraising expenses?
The provided data only gives total expenses. A detailed breakdown is necessary to accurately assess spending efficiency across programs, administration, and fundraising. For a country club, 'program' expenses would likely encompass member services, facility operations, and maintenance.
What is the organization's long-term strategy for managing its increasing liabilities?
Liabilities have increased from $1,597,336 in 2013 to $5,599,604 in 2023. While assets have grown significantly, understanding the nature of these liabilities (e.g., mortgages, capital improvement loans) and the strategy for their repayment is important for long-term financial health.
Filing History
IRS 990 filing history for North Hills Country Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), North Hills Country Club Inc's revenue has grown by 76.8%, moving from $7.0M to $12.3M. Total assets increased by 98.4% over the same period, from $6.7M to $13.2M. Total functional expenses rose by 57.4%, from $6.9M to $10.9M. In its most recent filing year (2023), North Hills Country Club Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $5.6M in liabilities against $13.2M in assets (debt-to-asset ratio: 42.3%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $10.9M | $13.2M | $5.6M | — | — |
| 2021 | $10.1M | $10.0M | $8.7M | $3.6M | — | View 990 |
| 2020 | $7.2M | $7.2M | $7.5M | $2.5M | — | View 990 |
| 2019 | $7.5M | $7.7M | $7.3M | $2.4M | — | — |
| 2018 | $7.8M | $8.0M | $8.2M | $3.0M | — | View 990 |
| 2017 | $7.7M | $7.9M | $8.3M | $2.9M | — | View 990 |
| 2016 | $7.8M | $7.7M | $8.6M | $3.0M | — | View 990 |
| 2015 | $7.5M | $7.4M | $7.2M | $1.6M | — | View 990 |
| 2014 | $6.8M | $7.3M | $7.0M | $1.6M | — | View 990 |
| 2013 | $8.1M | $7.5M | $7.5M | $1.6M | — | View 990 |
| 2012 | $7.1M | $7.2M | $7.2M | $1.9M | — | View 990 |
| 2011 | $7.1M | $7.1M | $7.2M | $1.8M | — | View 990 |
| 2010 | $7.0M | $6.9M | $6.7M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $10.9M, and assets of $13.2M (revenue +21.2% year-over-year).
- 2021: Revenue of $10.1M, expenses of $10.0M, and assets of $8.7M (revenue +41.5% year-over-year).
- 2020: Revenue of $7.2M, expenses of $7.2M, and assets of $7.5M (revenue -4.3% year-over-year).
- 2019: Revenue of $7.5M, expenses of $7.7M, and assets of $7.3M (revenue -3.6% year-over-year).
- 2018: Revenue of $7.8M, expenses of $8.0M, and assets of $8.2M (revenue +1.4% year-over-year).
- 2017: Revenue of $7.7M, expenses of $7.9M, and assets of $8.3M (revenue -1.6% year-over-year).
- 2016: Revenue of $7.8M, expenses of $7.7M, and assets of $8.6M (revenue +3.4% year-over-year).
- 2015: Revenue of $7.5M, expenses of $7.4M, and assets of $7.2M (revenue +10.7% year-over-year).
- 2014: Revenue of $6.8M, expenses of $7.3M, and assets of $7.0M (revenue -15.8% year-over-year).
- 2013: Revenue of $8.1M, expenses of $7.5M, and assets of $7.5M (revenue +14.0% year-over-year).
- 2012: Revenue of $7.1M, expenses of $7.2M, and assets of $7.2M (revenue +0.2% year-over-year).
- 2011: Revenue of $7.1M, expenses of $7.1M, and assets of $7.2M (revenue +1.8% year-over-year).
- 2010: Revenue of $7.0M, expenses of $6.9M, and assets of $6.7M.
Data Sources and Methodology
This transparency report for North Hills 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.