Penfield Country Club Inc
Penfield Country Club Inc. consistently reports zero officer compensation amidst growing revenues and tight operating margins.
EIN: 160834954 · Penfield, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $4.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $1.9M |
| Transparency Score | 40/100 |
Is Penfield Country Club Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Penfield Country Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Penfield Country Club Inc
Penfield Country Club Inc (EIN: 160834954) is a nonprofit organization based in Penfield, NY. The organization reported total revenue of $5.6M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penfield Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penfield Country Club Inc is a mid-size nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-100,826 |
| Total Assets | $5.1M |
| Total Liabilities | $3.3M |
| Net Assets | $1.9M |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 63.4% |
| Months of Reserves | 13.8 months |
Financial Health Grade: C
In 2023, Penfield Country Club Inc reported a deficit of $101K with expenses exceeding revenue, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 63.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Penfield Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +13.6% | -3.4% |
| 2022 | -3.4% | +10.4% | +6.2% |
| 2021 | +30.2% | +11.9% | +19.9% |
| 2020 | -0.5% | -1.7% | +4.9% |
| 2019 | +8.2% | +3.2% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1960 |
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 Penfield Country Club Inc with a Mission Score of 40 out of 100 (Fair). 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, Penfield Country Club Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $101K, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues exceeding $4 million. This suggests that key leadership may be volunteer or compensated through non-officer categories, or that the organization operates with a unique governance structure.
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 Penfield Country Club Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size, which may obscure actual leadership benefits.
- Expenses exceeding revenue in the latest filing period (202312), indicating a potential operating deficit.
- NTEE Code is unknown, making it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Penfield Country Club Inc:
- Consistent revenue growth over the past decade, from $2.89M in 2014 to $4.36M in 2023.
- Healthy asset base of $5,140,846 in 2023, providing financial stability.
- Relatively stable liabilities, indicating controlled debt management.
Frequently Asked Questions about Penfield Country Club Inc
Is Penfield Country Club Inc a legitimate charity?
Penfield Country Club Inc (EIN: 160834954) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 40/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.6M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Penfield Country Club Inc spend its money?
Penfield Country Club Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Penfield Country Club Inc tax-deductible?
Penfield Country Club Inc is registered as a tax-exempt nonprofit (EIN: 160834954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Penfield Country Club Inc CEO make?
Penfield Country Club Inc's highest-compensated officer earns $4 annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Penfield Country Club Inc's spending goes to programs?
Penfield Country Club Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Penfield Country Club Inc located?
Penfield Country Club Inc is headquartered in Penfield, New York and files with the IRS under EIN 160834954.
How many years of IRS 990 filings does Penfield Country Club Inc have?
Penfield Country 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 $5.6M in total revenue.
What is the nature of Penfield Country Club Inc.'s 'nonprofit' activities given its name and financial structure?
The organization's name 'Country Club' and its financial patterns, including significant revenue and assets, suggest it operates as a social or recreational club, which can qualify for certain nonprofit statuses (e.g., 501(c)(7)). Its 'program' spending would likely relate to maintaining facilities and providing services to members.
How are the organization's leaders compensated if officer compensation is consistently reported as zero?
The consistent reporting of zero officer compensation implies that leadership may be volunteer, or compensated through mechanisms not classified as 'officer compensation' on the 990, such as through related entities or as regular employees, which would require further investigation to fully understand.
Why did expenses exceed revenue in 2023 ($4,468,622 vs. $4,367,796)?
In 2023, expenses slightly exceeded revenue, which could be due to increased operational costs, capital improvements, or a temporary dip in membership/event revenue. This resulted in a net operating loss for that period.
Filing History
IRS 990 filing history for Penfield Country Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Penfield Country Club Inc's revenue has grown by 62.7%, moving from $2.7M to $4.4M. Total assets increased by 48.6% over the same period, from $3.5M to $5.1M. Total functional expenses rose by 64.4%, from $2.7M to $4.5M. In its most recent filing year (2023), Penfield Country Club Inc reported a deficit of $101K, with expenses exceeding revenue. The organization holds $3.3M in liabilities against $5.1M in assets (debt-to-asset ratio: 63.4%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.5M | $5.1M | $3.3M | — | — |
| 2022 | $4.2M | $3.9M | $5.3M | $3.3M | — | View 990 |
| 2021 | $4.3M | $3.6M | $5.0M | $3.3M | — | View 990 |
| 2020 | $3.3M | $3.2M | $4.2M | $3.2M | — | — |
| 2019 | $3.4M | $3.2M | $4.0M | $3.2M | — | View 990 |
| 2018 | $3.1M | $3.1M | $3.6M | $2.9M | — | View 990 |
| 2017 | $3.1M | $3.0M | $3.7M | $3.0M | — | View 990 |
| 2016 | $2.8M | $2.9M | $3.9M | $3.2M | — | View 990 |
| 2015 | $3.0M | $2.9M | $4.1M | $3.3M | — | View 990 |
| 2014 | $2.9M | $2.9M | $4.2M | $3.5M | — | View 990 |
| 2013 | $2.9M | $2.8M | $3.3M | $2.5M | — | View 990 |
| 2012 | $2.7M | $2.7M | $3.3M | $2.7M | — | View 990 |
| 2011 | $2.7M | $2.7M | $3.5M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.5M, and assets of $5.1M (revenue +4.1% year-over-year).
- 2022: Revenue of $4.2M, expenses of $3.9M, and assets of $5.3M (revenue -3.4% year-over-year).
- 2021: Revenue of $4.3M, expenses of $3.6M, and assets of $5.0M (revenue +30.2% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.2M, and assets of $4.2M (revenue -0.5% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.2M, and assets of $4.0M (revenue +8.2% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.1M, and assets of $3.6M (revenue +1.6% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.0M, and assets of $3.7M (revenue +9.7% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.9M, and assets of $3.9M (revenue -6.9% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $4.1M (revenue +3.3% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.9M, and assets of $4.2M (revenue -0.6% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $3.3M (revenue +6.7% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $3.3M (revenue +1.6% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.7M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penfield Country Club Inc:
Data Sources and Methodology
This transparency report for Penfield 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.