Siwanoy Country Club
Siwanoy Country Club shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 131731831 · Bronxville, NY · Updated: 2026-03-28
Is Siwanoy Country Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Siwanoy Country Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Siwanoy Country Club
Siwanoy Country Club (EIN: 131731831) is a nonprofit organization based in Bronxville, NY. The organization reported total revenue of $17.4M and total assets of $34.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Siwanoy Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Siwanoy Country Club is a large nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.3M |
| Total Expenses | $13.1M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $34.8M |
| Total Liabilities | $9.9M |
| Net Assets | $24.9M |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 28.5% |
| Months of Reserves | 31.8 months |
Financial Health Grade: A
In 2023, Siwanoy Country Club reported a surplus of $1.2M with revenue exceeding expenses, holds 31.8 months of operating reserves (strong position), has a debt-to-asset ratio of 28.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Siwanoy Country Club's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.6% | +5.1% | -0.1% |
| 2022 | +0.7% | +5.4% | -1.4% |
| 2021 | +23.1% | +30.2% | -1.0% |
| 2020 | -15.0% | -8.0% | +36.4% |
| 2019 | +31.1% | +1.8% | +39.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1938 |
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 Siwanoy 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Siwanoy Country Club 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 $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that top leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive indicator for a member-funded club.
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 Siwanoy Country Club's IRS 990 filings:
- NTEE Code Unknown: Lack of a specific NTEE code makes it difficult to categorize its primary activities and compare it to similar organizations.
- Limited Public Benefit: As a 501(c)(7) social club, its primary mission is to serve its members, not the general public, which is a consideration for those evaluating it as a 'charity'.
Strengths
The following positive indicators were identified for Siwanoy Country Club:
- Consistent Revenue Growth: Revenue has steadily increased over the past decade, demonstrating financial vitality.
- Strong Asset Base: Assets have grown significantly from $19.8 million in 2014 to $34.8 million in 2023, indicating robust financial health.
- Positive Net Income: The organization consistently operates with a surplus, with revenues exceeding expenses in most years.
- No Reported Officer Compensation: The consistent reporting of 0% officer compensation is a positive indicator of resource allocation.
- Healthy Asset-to-Liability Ratio: Assets significantly outweigh liabilities, indicating strong financial solvency.
Frequently Asked Questions about Siwanoy Country Club
Is Siwanoy Country Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Siwanoy Country Club (EIN: 131731831) some concerns. Mission Score: 70/100. 2 red flags identified, 5 strengths noted.
How does Siwanoy Country Club spend its money?
Siwanoy Country Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Siwanoy Country Club tax-deductible?
Siwanoy Country Club is registered as a tax-exempt nonprofit (EIN: 131731831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Siwanoy Country Club financially stable?
Yes, Siwanoy Country Club appears financially stable, consistently generating more revenue than expenses (e.g., $14,333,433 revenue vs. $13,138,000 expenses in 2023) and maintaining a strong asset base ($34,845,818 in 2023) significantly exceeding its liabilities ($9,926,518 in 2023).
How has the club's revenue trended over time?
The club's revenue has shown a general upward trend over the past decade, increasing from $10,102,215 in 2014 to $14,333,433 in 2023, indicating healthy growth in its financial operations.
What is the club's approach to executive compensation?
Siwanoy Country Club consistently reports 0% officer compensation in its IRS 990 filings, suggesting that its officers are not directly compensated or are compensated in a manner not classified as officer compensation.
Filing History
IRS 990 filing history for Siwanoy Country Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Siwanoy Country Club's revenue has grown by 58.9%, moving from $9.0M to $14.3M. Total assets increased by 123.8% over the same period, from $15.6M to $34.8M. Total functional expenses rose by 50.8%, from $8.7M to $13.1M. In its most recent filing year (2023), Siwanoy Country Club reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $9.9M in liabilities against $34.8M in assets (debt-to-asset ratio: 28.5%), resulting in net assets of $24.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.3M | $13.1M | $34.8M | $9.9M | — | — |
| 2022 | $13.3M | $12.5M | $34.9M | $11.1M | — | View 990 |
| 2021 | $13.2M | $11.9M | $35.4M | $12.4M | — | View 990 |
| 2020 | $10.7M | $9.1M | $35.7M | $14.2M | — | View 990 |
| 2019 | $12.6M | $9.9M | $26.2M | $6.3M | — | View 990 |
| 2018 | $9.6M | $9.7M | $18.8M | $1.7M | — | View 990 |
| 2017 | $10.6M | $10.0M | $19.7M | $2.5M | — | View 990 |
| 2016 | $10.3M | $9.9M | $20.1M | $3.4M | — | View 990 |
| 2015 | $10.2M | $9.4M | $20.3M | $4.0M | — | View 990 |
| 2014 | $10.1M | $8.9M | $19.9M | $4.4M | — | View 990 |
| 2013 | $9.8M | $8.9M | $16.9M | $2.7M | — | View 990 |
| 2012 | $9.3M | $8.5M | $16.4M | $3.1M | — | View 990 |
| 2011 | $9.0M | $8.7M | $15.6M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.3M, expenses of $13.1M, and assets of $34.8M (revenue +7.6% year-over-year).
- 2022: Revenue of $13.3M, expenses of $12.5M, and assets of $34.9M (revenue +0.7% year-over-year).
- 2021: Revenue of $13.2M, expenses of $11.9M, and assets of $35.4M (revenue +23.1% year-over-year).
- 2020: Revenue of $10.7M, expenses of $9.1M, and assets of $35.7M (revenue -15.0% year-over-year).
- 2019: Revenue of $12.6M, expenses of $9.9M, and assets of $26.2M (revenue +31.1% year-over-year).
- 2018: Revenue of $9.6M, expenses of $9.7M, and assets of $18.8M (revenue -8.9% year-over-year).
- 2017: Revenue of $10.6M, expenses of $10.0M, and assets of $19.7M (revenue +2.6% year-over-year).
- 2016: Revenue of $10.3M, expenses of $9.9M, and assets of $20.1M (revenue +0.8% year-over-year).
- 2015: Revenue of $10.2M, expenses of $9.4M, and assets of $20.3M (revenue +1.2% year-over-year).
- 2014: Revenue of $10.1M, expenses of $8.9M, and assets of $19.9M (revenue +2.6% year-over-year).
- 2013: Revenue of $9.8M, expenses of $8.9M, and assets of $16.9M (revenue +6.1% year-over-year).
- 2012: Revenue of $9.3M, expenses of $8.5M, and assets of $16.4M (revenue +2.8% year-over-year).
- 2011: Revenue of $9.0M, expenses of $8.7M, and assets of $15.6M.
Data Sources and Methodology
This transparency report for Siwanoy 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.