Shaker Ridge Country Club Inc
Shaker Ridge Country Club Inc. consistently operates at a deficit with liabilities exceeding assets.
EIN: 141057690 · Loudonville, NY · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| Net Assets | $-753,142 |
| Transparency Score | 45/100 |
Is Shaker Ridge 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 →
Shaker Ridge Country Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shaker Ridge Country Club Inc
Shaker Ridge Country Club Inc (EIN: 141057690) is a nonprofit organization based in Loudonville, NY, classified under NTEE code N50. The organization reported total revenue of $2.5M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shaker Ridge Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shaker Ridge Country Club Inc is a mid-size nonprofit that has been operating for 81 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-236,108 |
| Total Assets | $2.3M |
| Total Liabilities | $3.1M |
| Net Assets | $-753,142 |
| Operating Margin | -10.2% |
| Debt-to-Asset Ratio | 132.6% |
| Months of Reserves | 10.9 months |
Financial Health Grade: C
In 2023, Shaker Ridge Country Club Inc reported a deficit of $236K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 132.6% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Shaker Ridge Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +13.7% | -12.6% |
| 2022 | +2.4% | +2.2% | -8.3% |
| 2021 | +8.8% | +12.2% | +52.6% |
| 2020 | -4.2% | -8.9% | -12.6% |
| 2018 | +1.5% | +1.3% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
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 Shaker Ridge Country Club Inc with a Mission Score of 45 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Shaker Ridge Country Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $236K, with expenses exceeding revenue.
- Debt-to-asset ratio: 132.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive compensation is not separately disclosed, which could impact 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 Shaker Ridge Country Club Inc's IRS 990 filings:
- Consistent operational deficits (e.g., 2023: $2,543,940 expenses vs. $2,307,832 revenue).
- Liabilities consistently exceed assets (e.g., 2023: $3,061,500 liabilities vs. $2,308,358 assets), indicating a negative net asset position.
- Lack of detailed expense breakdown to assess program efficiency.
- Unclear reporting of executive compensation, consistently listed as 0%.
Strengths
The following positive indicators were identified for Shaker Ridge Country Club Inc:
- Consistent revenue generation, generally above $2 million annually.
- Stable asset base, despite being lower than liabilities.
- Long filing history (12 filings) indicates consistent compliance with IRS reporting.
Frequently Asked Questions about Shaker Ridge Country Club Inc
Is Shaker Ridge Country Club Inc a legitimate charity?
Shaker Ridge Country Club Inc (EIN: 141057690) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.5M. 4 red flags identified. 3 strengths noted. Financial health grade: C.
How does Shaker Ridge Country Club Inc spend its money?
Shaker Ridge Country Club Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Shaker Ridge Country Club Inc tax-deductible?
Shaker Ridge Country Club Inc is registered as a tax-exempt nonprofit (EIN: 141057690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shaker Ridge Country Club Inc's spending goes to programs?
Shaker Ridge Country Club Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shaker Ridge Country Club Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Shaker Ridge Country Club Inc is near average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shaker Ridge Country Club Inc located?
Shaker Ridge Country Club Inc is headquartered in Loudonville, New York and files with the IRS under EIN 141057690. It is classified under NTEE code N50.
How many years of IRS 990 filings does Shaker Ridge Country Club Inc have?
Shaker Ridge Country Club Inc has 12 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 $2.5M in total revenue.
How does Shaker Ridge Country Club Inc. plan to address its consistent operational deficits?
The organization has frequently reported expenses exceeding revenue, such as in 2023 ($2,543,940 expenses vs. $2,307,832 revenue), indicating a need for strategies to improve financial sustainability.
What is the detailed breakdown of the organization's expenses, particularly for program services versus administrative costs?
Without a detailed expense breakdown in the provided data, it's difficult to assess the efficiency of spending on programs versus administrative overhead. The NTEE code N50 suggests a focus on recreational programs.
Why are liabilities consistently higher than assets, and what is the plan to improve the net asset position?
In 2023, assets were $2,308,358 while liabilities were $3,061,500, indicating a negative net asset position that has been a consistent trend across multiple years, raising concerns about long-term financial health.
Is executive compensation truly zero, or is it reported under other expense categories?
All available filings show 0% officer compensation, which is unusual for an organization of this size and could imply that compensation is not separately itemized or that leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Shaker Ridge Country Club Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Shaker Ridge Country Club Inc's revenue has grown by 29.9%, moving from $1.8M to $2.3M. Total assets decreased by 4.5% over the same period, from $2.4M to $2.3M. Total functional expenses rose by 35.8%, from $1.9M to $2.5M. In its most recent filing year (2023), Shaker Ridge Country Club Inc reported a deficit of $236K, with expenses exceeding revenue. The organization holds $3.1M in liabilities against $2.3M in assets (debt-to-asset ratio: 132.6%), resulting in net assets of $-753,142.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.5M | $2.3M | $3.1M | — | View 990 |
| 2022 | $2.3M | $2.2M | $2.6M | $3.2M | — | View 990 |
| 2021 | $2.2M | $2.2M | $2.9M | $3.4M | — | — |
| 2020 | $2.0M | $2.0M | $1.9M | $2.5M | — | — |
| 2018 | $2.1M | $2.1M | $2.2M | $2.6M | — | View 990 |
| 2017 | $2.1M | $2.1M | $2.3M | $2.7M | — | View 990 |
| 2016 | $2.0M | $2.0M | $2.2M | $2.7M | — | View 990 |
| 2015 | $1.9M | $2.0M | $2.3M | $2.7M | — | View 990 |
| 2014 | $1.8M | $2.0M | $2.5M | $2.9M | — | View 990 |
| 2013 | $1.7M | $1.9M | $2.6M | $2.8M | — | View 990 |
| 2012 | $1.7M | $1.8M | $2.8M | $2.8M | — | View 990 |
| 2011 | $1.8M | $1.9M | $2.4M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.5M, and assets of $2.3M (revenue +1.4% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $2.6M (revenue +2.4% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.2M, and assets of $2.9M (revenue +8.8% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.0M, and assets of $1.9M (revenue -4.2% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $2.2M (revenue +1.5% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $2.3M (revenue +4.7% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $2.2M (revenue +3.5% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.0M, and assets of $2.3M (revenue +5.9% year-over-year).
- 2014: Revenue of $1.8M, expenses of $2.0M, and assets of $2.5M (revenue +6.7% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.9M, and assets of $2.6M (revenue +1.4% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.8M, and assets of $2.8M (revenue -4.9% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.9M, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shaker Ridge Country Club Inc:
Data Sources and Methodology
This transparency report for Shaker Ridge 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.