Noyac Golf Club Inc
Noyac Golf Club Inc shows consistent revenue growth and zero officer compensation over a decade.
EIN: 116023340 · Sag Harbor, NY · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.1M |
| Total Expenses | $10.6M |
| Program Spending | 85% |
| Net Assets | $26.6M |
| Transparency Score | 85/100 |
Is Noyac Golf Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Noyac Golf Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Noyac Golf Club Inc
Noyac Golf Club Inc (EIN: 116023340) is a nonprofit organization based in Sag Harbor, NY, classified under NTEE code N50. The organization reported total revenue of $18.1M and total assets of $32.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Noyac Golf Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Noyac Golf Club Inc is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.9M |
| Total Expenses | $10.6M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $29.0M |
| Total Liabilities | $2.3M |
| Net Assets | $26.6M |
| Operating Margin | 17.6% |
| Debt-to-Asset Ratio | 8.1% |
| Months of Reserves | 32.7 months |
Financial Health Grade: A
In 2023, Noyac Golf Club Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Noyac Golf Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.8% | +13.7% | +8.6% |
| 2022 | -1.4% | +9.0% | +5.6% |
| 2021 | +17.3% | +10.8% | +9.2% |
| 2020 | +14.9% | +4.7% | +5.5% |
| 2019 | +7.9% | -4.0% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Noyac Golf Club Inc with a Mission Score of 85 out of 100 (Excellent). 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, Noyac Golf 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 $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.1%.
Executive Compensation Analysis
Noyac Golf Club Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is a highly favorable practice, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, and that financial resources are directed entirely to the organization's operations.
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.
Strengths
The following positive indicators were identified for Noyac Golf Club Inc:
- Consistent revenue growth, increasing from $6.8M in 2014 to $12.9M in 2023.
- Zero officer compensation reported across all 13 filings, indicating strong financial stewardship and transparency regarding executive pay.
- Healthy financial surpluses, with revenue consistently exceeding expenses (e.g., $12.9M revenue vs. $10.6M expenses in 2023).
- Steady growth in assets, from $19.6M in 2014 to $28.9M in 2023, suggesting reinvestment or accumulation of reserves.
- Low liabilities relative to assets, indicating a strong balance sheet (e.g., $2.3M liabilities vs. $28.9M assets in 2023).
Frequently Asked Questions about Noyac Golf Club Inc
Is Noyac Golf Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Noyac Golf Club Inc (EIN: 116023340) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Noyac Golf Club Inc spend its money?
Noyac Golf Club Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Noyac Golf Club Inc tax-deductible?
Noyac Golf Club Inc is registered as a tax-exempt nonprofit (EIN: 116023340). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Noyac Golf Club Inc's spending goes to programs?
Noyac Golf Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Noyac Golf Club Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Noyac Golf Club Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Noyac Golf Club Inc located?
Noyac Golf Club Inc is headquartered in Sag Harbor, New York and files with the IRS under EIN 116023340. It is classified under NTEE code N50.
How many years of IRS 990 filings does Noyac Golf Club Inc have?
Noyac Golf 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 $18.1M in total revenue.
How does Noyac Golf Club Inc allocate its expenses beyond the high-level revenue and expense figures?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While the organization consistently has a surplus, understanding the specific allocation would provide deeper insight into spending efficiency.
What is the specific nature of the 'programs' offered by Noyac Golf Club Inc, given its NTEE code?
As a golf club (NTEE N50 - Recreational, Sports, & Leisure Activities), its 'programs' would primarily involve the maintenance and operation of the golf course, clubhouse facilities, and services provided to its members. The financial data supports the sustained operation and growth of these facilities.
What is the source of the organization's revenue, and is it diversified?
The provided data only shows total revenue. For a golf club, revenue typically comes from membership fees, green fees, pro shop sales, and food/beverage services. Diversification of these streams would contribute to financial resilience.
Filing History
IRS 990 filing history for Noyac Golf Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Noyac Golf Club Inc's revenue has grown by 149%, moving from $5.2M to $12.9M. Total assets increased by 64.8% over the same period, from $17.6M to $29.0M. Total functional expenses rose by 117.5%, from $4.9M to $10.6M. In its most recent filing year (2023), Noyac Golf Club Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $29.0M in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $26.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.9M | $10.6M | $29.0M | $2.3M | — | — |
| 2022 | $10.9M | $9.4M | $26.7M | $2.4M | — | View 990 |
| 2021 | $11.0M | $8.6M | $25.3M | $2.5M | — | View 990 |
| 2020 | $9.4M | $7.7M | $23.1M | $2.8M | — | — |
| 2019 | $8.2M | $7.4M | $21.9M | $3.3M | — | View 990 |
| 2018 | $7.6M | $7.7M | $21.3M | $3.4M | — | View 990 |
| 2017 | $6.6M | $6.6M | $21.1M | $3.1M | — | View 990 |
| 2016 | $6.8M | $6.2M | $21.2M | $3.2M | — | View 990 |
| 2015 | $7.3M | $5.8M | $21.0M | $3.6M | — | View 990 |
| 2014 | $6.8M | $5.5M | $19.6M | $3.7M | — | View 990 |
| 2013 | $6.1M | $5.4M | $17.9M | $3.3M | — | View 990 |
| 2012 | $5.2M | $5.1M | $17.3M | $3.4M | — | View 990 |
| 2011 | $5.2M | $4.9M | $17.6M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.9M, expenses of $10.6M, and assets of $29.0M (revenue +18.8% year-over-year).
- 2022: Revenue of $10.9M, expenses of $9.4M, and assets of $26.7M (revenue -1.4% year-over-year).
- 2021: Revenue of $11.0M, expenses of $8.6M, and assets of $25.3M (revenue +17.3% year-over-year).
- 2020: Revenue of $9.4M, expenses of $7.7M, and assets of $23.1M (revenue +14.9% year-over-year).
- 2019: Revenue of $8.2M, expenses of $7.4M, and assets of $21.9M (revenue +7.9% year-over-year).
- 2018: Revenue of $7.6M, expenses of $7.7M, and assets of $21.3M (revenue +15.2% year-over-year).
- 2017: Revenue of $6.6M, expenses of $6.6M, and assets of $21.1M (revenue -3.7% year-over-year).
- 2016: Revenue of $6.8M, expenses of $6.2M, and assets of $21.2M (revenue -6.0% year-over-year).
- 2015: Revenue of $7.3M, expenses of $5.8M, and assets of $21.0M (revenue +6.6% year-over-year).
- 2014: Revenue of $6.8M, expenses of $5.5M, and assets of $19.6M (revenue +11.2% year-over-year).
- 2013: Revenue of $6.1M, expenses of $5.4M, and assets of $17.9M (revenue +19.0% year-over-year).
- 2012: Revenue of $5.2M, expenses of $5.1M, and assets of $17.3M (revenue -0.7% year-over-year).
- 2011: Revenue of $5.2M, expenses of $4.9M, and assets of $17.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Noyac Golf Club Inc:
Data Sources and Methodology
This transparency report for Noyac Golf 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.