Skaneateles Country Club Inc

Skaneateles Country Club Inc. shows consistent revenue growth and positive net income over the past decade.

EIN: 150449780 · Skaneateles, NY · Updated: 2026-03-28

$9.7MRevenue
$8.3MGross Revenue
$12.3MAssets
75/100Mission Score (Good)
Skaneateles Country Club Inc Financial Summary
MetricValue
Total Revenue$9.7M
Total Expenses$6.3M
Program Spending70%
Net Assets$7.0M
Transparency Score75/100

Is Skaneateles Country Club Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Skaneateles Country Club Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Skaneateles Country Club Inc

Skaneateles Country Club Inc (EIN: 150449780) is a nonprofit organization based in Skaneateles, NY. The organization reported total revenue of $9.7M and total assets of $12.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skaneateles Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Skaneateles Country Club Inc is a mid-size nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$7.0M
Total Expenses$6.3M
Surplus / Deficit+$725K
Total Assets$11.0M
Total Liabilities$4.0M
Net Assets$7.0M
Operating Margin10.4%
Debt-to-Asset Ratio36.2%
Months of Reserves21.0 months

Financial Health Grade: A

In 2023, Skaneateles Country Club Inc reported a surplus of $725K with revenue exceeding expenses, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 36.2% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Skaneateles Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+10.1%+11.9%+3.1%
2022+8.9%+10.7%+29.5%
2021+31.7%+26.1%+8.5%
2020-15.3%-19.8%-3.5%
2019+2.2%+6.5%+1.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Skaneateles Country Club Inc. demonstrates consistent financial growth over the past decade, with revenue increasing from $4,210,358 in 2014 to $7,005,659 in 2023. The organization consistently operates with a surplus, indicating sound financial management. For instance, in 2023, revenue exceeded expenses by over $700,000. Its asset base has also grown substantially, from $6,240,742 in 2014 to $11,015,722 in 2023, suggesting healthy reinvestment or accumulation of reserves. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The NTEE code is unknown, which limits the ability to benchmark its financial performance against similar organizations. The consistent reporting of 0% officer compensation across all filings suggests that key leadership may be volunteers or compensated through other means not categorized as officer compensation, which could be a positive for efficiency but also warrants further investigation for full transparency. Overall, the organization appears financially stable and growing. The lack of detailed spending categories and an NTEE code are minor limitations for a comprehensive financial health assessment, but the consistent positive net income and asset growth are strong indicators of stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Skaneateles Country Club Inc with a Mission Score of 75 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Skaneateles Country Club Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$7.0MTotal Revenue
$6.3MTotal Expenses
$11.0MTotal Assets
$4.0MTotal Liabilities
$7.0MNet Assets
  • The organization reported a surplus of $725K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 36.2%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through mechanisms not classified as officer compensation on the 990 form. This indicates a potentially low overhead for leadership salaries relative to the organization's size and revenue.

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 Skaneateles Country Club Inc's IRS 990 filings:

  • NTEE code is unknown, limiting comparative analysis
  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data

Strengths

The following positive indicators were identified for Skaneateles Country Club Inc:

  • Consistent revenue growth over the past decade
  • Positive net income reported in most recent filings (e.g., $725,173 surplus in 2023)
  • Significant growth in assets, indicating financial health and capacity
  • Low reported officer compensation (0%) suggests efficient use of funds for leadership

Frequently Asked Questions about Skaneateles Country Club Inc

Is Skaneateles Country Club Inc a legitimate charity?

Skaneateles Country Club Inc (EIN: 150449780) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Skaneateles Country Club Inc spend its money?

Skaneateles Country Club Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Skaneateles Country Club Inc tax-deductible?

Skaneateles Country Club Inc is registered as a tax-exempt nonprofit (EIN: 150449780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Skaneateles Country Club Inc's spending goes to programs?

Skaneateles Country Club Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is Skaneateles Country Club Inc located?

Skaneateles Country Club Inc is headquartered in Skaneateles, New York and files with the IRS under EIN 150449780.

How many years of IRS 990 filings does Skaneateles Country Club Inc have?

Skaneateles 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 $9.7M in total revenue.

Is Skaneateles Country Club Inc. financially stable?

Yes, the organization appears financially stable, consistently reporting positive net income (revenue exceeding expenses) and significant asset growth over the past decade. For example, in 2023, revenue was $7,005,659 against expenses of $6,280,486.

How has the organization's revenue changed over time?

Skaneateles Country Club Inc. has experienced substantial revenue growth, increasing from $4,210,358 in 2014 to $7,005,659 in 2023, indicating a strong upward trend.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting that executive roles may be filled by volunteers or compensated in ways not reported under this specific category.

Are there any concerns regarding the organization's liabilities?

While liabilities have increased alongside assets, the organization's assets consistently outweigh its liabilities by a significant margin. For instance, in 2023, assets were $11,015,722 compared to liabilities of $3,988,278, indicating a healthy financial position.

Filing History

IRS 990 filing history for Skaneateles Country Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Skaneateles Country Club Inc's revenue has grown by 89.4%, moving from $3.7M to $7.0M. Total assets increased by 75.3% over the same period, from $6.3M to $11.0M. Total functional expenses rose by 59.1%, from $3.9M to $6.3M. In its most recent filing year (2023), Skaneateles Country Club Inc reported a surplus of $725K, with revenue exceeding expenses. The organization holds $4.0M in liabilities against $11.0M in assets (debt-to-asset ratio: 36.2%), resulting in net assets of $7.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $7.0M $6.3M $11.0M $4.0M View 990
2022 $6.4M $5.6M $10.7M $4.4M View 990
2021 $5.8M $5.1M $8.3M $2.7M
2020 $4.4M $4.0M $7.6M $2.8M
2019 $5.2M $5.0M $7.9M $3.5M View 990
2018 $5.1M $4.7M $7.8M $3.0M View 990
2017 $3.8M $3.5M $7.0M $2.6M View 990
2016 $3.2M $3.4M $7.1M $3.0M View 990
2015 $4.2M $4.5M $6.9M $2.6M View 990
2014 $4.2M $4.1M $6.2M $1.7M View 990
2013 $4.3M $4.0M $6.3M $1.9M View 990
2012 $3.8M $4.0M $6.4M $2.4M View 990
2011 $3.7M $3.9M $6.3M $2.1M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $7.0M, expenses of $6.3M, and assets of $11.0M (revenue +10.1% year-over-year).
  • 2022: Revenue of $6.4M, expenses of $5.6M, and assets of $10.7M (revenue +8.9% year-over-year).
  • 2021: Revenue of $5.8M, expenses of $5.1M, and assets of $8.3M (revenue +31.7% year-over-year).
  • 2020: Revenue of $4.4M, expenses of $4.0M, and assets of $7.6M (revenue -15.3% year-over-year).
  • 2019: Revenue of $5.2M, expenses of $5.0M, and assets of $7.9M (revenue +2.2% year-over-year).
  • 2018: Revenue of $5.1M, expenses of $4.7M, and assets of $7.8M (revenue +34.1% year-over-year).
  • 2017: Revenue of $3.8M, expenses of $3.5M, and assets of $7.0M (revenue +19.3% year-over-year).
  • 2016: Revenue of $3.2M, expenses of $3.4M, and assets of $7.1M (revenue -24.2% year-over-year).
  • 2015: Revenue of $4.2M, expenses of $4.5M, and assets of $6.9M (revenue +0.4% year-over-year).
  • 2014: Revenue of $4.2M, expenses of $4.1M, and assets of $6.2M (revenue -2.7% year-over-year).
  • 2013: Revenue of $4.3M, expenses of $4.0M, and assets of $6.3M (revenue +13.0% year-over-year).
  • 2012: Revenue of $3.8M, expenses of $4.0M, and assets of $6.4M (revenue +3.6% year-over-year).
  • 2011: Revenue of $3.7M, expenses of $3.9M, and assets of $6.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Skaneateles Country Club Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Skaneateles 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.

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