Portland Country Club
Portland Country Club shows consistent revenue growth and asset accumulation as a 501(c)(7) social club.
EIN: 10142660 · Falmouth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.8M |
| Total Expenses | $5.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $13.1M |
| Transparency Score | 70/100 |
Is Portland Country Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portland Country Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portland Country Club
Portland Country Club (EIN: 10142660) is a nonprofit organization based in Falmouth, ME. The organization reported total revenue of $9.8M and total assets of $19.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portland Country Club is a mid-size nonprofit that has been operating for 92 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $5.1M |
| Surplus / Deficit | +$813K |
| Total Assets | $17.0M |
| Total Liabilities | $3.9M |
| Net Assets | $13.1M |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 22.9% |
| Months of Reserves | 39.9 months |
Financial Health Grade: A
In 2024, Portland Country Club reported a surplus of $813K with revenue exceeding expenses, holds 39.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Portland Country Club's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.0% | +2.2% | +6.0% |
| 2023 | -1.7% | +9.8% | +1.4% |
| 2022 | +33.1% | +29.8% | +14.6% |
| 2021 | -11.5% | -14.3% | +9.7% |
| 2020 | +18.7% | +8.0% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1934 |
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 Portland Country Club 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Portland 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $813K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with nearly $10 million in annual revenue and $19 million in assets. This suggests that executive compensation may be structured in a way not reported as 'officer compensation' on the 990, or that leadership roles are entirely volunteer, warranting further investigation for complete 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 Portland Country Club's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s for an organization of this size, which may obscure actual executive remuneration.
- NTEE Code is unknown, which limits understanding of its specific classification and activities beyond being a social club.
Strengths
The following positive indicators were identified for Portland Country Club:
- Consistent revenue growth, with latest revenue at $9,781,224.
- Strong asset accumulation, growing from $9.8 million in 2015 to $19.1 million currently.
- Consistently operates with a financial surplus, indicating sound fiscal management.
- Low liabilities relative to assets, with liabilities at $3,892,772 against assets of $16,964,521 in 202403.
Frequently Asked Questions about Portland Country Club
Is Portland Country Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Country Club (EIN: 10142660) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does Portland Country Club spend its money?
Portland Country Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Portland Country Club tax-deductible?
Portland Country Club is registered as a tax-exempt nonprofit (EIN: 10142660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Portland Country Club CEO make?
Portland Country Club's highest-compensated officer earns $10 annually. The organization reported $9.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Portland Country Club's spending goes to programs?
Portland Country Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Portland Country Club located?
Portland Country Club is headquartered in Falmouth, Maine and files with the IRS under EIN 10142660.
How many years of IRS 990 filings does Portland Country Club have?
Portland Country Club 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 $9.8M in total revenue.
Is Portland Country Club a good charity?
As a 501(c)(7) social club, Portland Country Club is not primarily a charity in the traditional sense of public benefit, but rather serves its members. Its financial health, with assets growing from $9.8M to $19.1M and consistent revenue surpluses, indicates it is well-managed for its intended purpose.
How does Portland Country Club manage its finances?
The organization demonstrates strong financial management, consistently generating more revenue than expenses. For example, in 202403, revenue was $5,920,896 against expenses of $5,108,234, leading to a surplus. Its assets have also steadily increased from $9.8 million in 2015 to $19.1 million currently.
What is the trend in Portland Country Club's revenue and assets?
Portland Country Club has shown a strong upward trend in both revenue and assets. Revenue has grown from $3,453,081 in 2015 to $9,781,224 currently, and assets have nearly doubled from $9,803,605 in 2015 to $19,134,147.
Filing History
IRS 990 filing history for Portland Country Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Portland Country Club's revenue has grown by 102.2%, moving from $2.9M to $5.9M. Total assets increased by 97.5% over the same period, from $8.6M to $17.0M. Total functional expenses rose by 71.4%, from $3.0M to $5.1M. In its most recent filing year (2024), Portland Country Club reported a surplus of $813K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $17.0M in assets (debt-to-asset ratio: 22.9%), resulting in net assets of $13.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.9M | $5.1M | $17.0M | $3.9M | — | View 990 |
| 2023 | $5.6M | $5.0M | $16.0M | $3.7M | — | View 990 |
| 2022 | $5.7M | $4.6M | $15.8M | $4.1M | — | View 990 |
| 2021 | $4.3M | $3.5M | $13.8M | $3.2M | — | View 990 |
| 2020 | $4.8M | $4.1M | $12.6M | $2.8M | — | — |
| 2019 | $4.1M | $3.8M | $11.9M | $2.8M | — | View 990 |
| 2018 | $4.5M | $3.5M | $11.4M | $2.6M | — | View 990 |
| 2017 | $3.7M | $3.3M | $10.1M | $2.3M | — | View 990 |
| 2016 | $4.0M | $3.3M | $10.5M | $3.1M | — | View 990 |
| 2015 | $3.5M | $3.1M | $9.8M | $3.1M | — | View 990 |
| 2014 | $2.7M | $3.0M | $9.4M | $3.1M | — | View 990 |
| 2013 | $3.2M | $3.0M | $8.7M | $2.1M | — | View 990 |
| 2012 | $2.9M | $3.0M | $8.6M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.9M, expenses of $5.1M, and assets of $17.0M (revenue +6.0% year-over-year).
- 2023: Revenue of $5.6M, expenses of $5.0M, and assets of $16.0M (revenue -1.7% year-over-year).
- 2022: Revenue of $5.7M, expenses of $4.6M, and assets of $15.8M (revenue +33.1% year-over-year).
- 2021: Revenue of $4.3M, expenses of $3.5M, and assets of $13.8M (revenue -11.5% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.1M, and assets of $12.6M (revenue +18.7% year-over-year).
- 2019: Revenue of $4.1M, expenses of $3.8M, and assets of $11.9M (revenue -10.0% year-over-year).
- 2018: Revenue of $4.5M, expenses of $3.5M, and assets of $11.4M (revenue +22.7% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.3M, and assets of $10.1M (revenue -8.0% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.3M, and assets of $10.5M (revenue +15.9% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.1M, and assets of $9.8M (revenue +26.4% year-over-year).
- 2014: Revenue of $2.7M, expenses of $3.0M, and assets of $9.4M (revenue -15.1% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.0M, and assets of $8.7M (revenue +9.9% year-over-year).
- 2012: Revenue of $2.9M, expenses of $3.0M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portland Country Club:
Data Sources and Methodology
This transparency report for Portland 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.