South Fork Country Club Inc
South Fork Country Club Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 111960057 · Amagansett, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $6.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $23.3M |
| Transparency Score | 65/100 |
Is South Fork Country Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Fork Country Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Fork Country Club Inc
South Fork Country Club Inc (EIN: 111960057) is a nonprofit organization based in Amagansett, NY. The organization reported total revenue of $7.9M and total assets of $28.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Fork Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Fork Country Club Inc is a mid-size nonprofit that has been operating for 65 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.6M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$3.7M |
| Total Assets | $27.6M |
| Total Liabilities | $4.4M |
| Net Assets | $23.3M |
| Operating Margin | 35.0% |
| Debt-to-Asset Ratio | 15.8% |
| Months of Reserves | 48.1 months |
Financial Health Grade: A
In 2023, South Fork Country Club Inc reported a surplus of $3.7M with revenue exceeding expenses, holds 48.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), South Fork Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.4% | +18.5% | +21.3% |
| 2022 | +5.2% | +8.6% | +13.2% |
| 2021 | +9.3% | +11.1% | +3.6% |
| 2020 | +2.2% | +5.2% | +11.7% |
| 2019 | +18.6% | +12.4% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1961 |
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 South Fork Country Club Inc with a Mission Score of 65 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, South Fork 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 surplus of $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity of its size with revenues exceeding $10 million. This suggests that executive leadership may be volunteer-based or compensated through mechanisms not reported as officer compensation on the 990, which is common for social clubs.
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 South Fork Country Club Inc's IRS 990 filings:
- NTEE Code Unknown (limits understanding of primary activities)
- Lack of detailed program spending breakdown (typical for 501(c)(7) but limits public transparency assessment)
Strengths
The following positive indicators were identified for South Fork Country Club Inc:
- Consistent and strong revenue growth (from $4.2M in 2014 to $10.6M in 2023)
- Significant asset accumulation (from $14.7M in 2014 to $27.6M in 2023)
- Zero reported officer compensation, indicating potential volunteer leadership or efficient cost management for members
- Healthy asset-to-liability ratio, demonstrating financial stability
Frequently Asked Questions about South Fork Country Club Inc
Is South Fork Country Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Fork Country Club Inc (EIN: 111960057) some concerns. Mission Score: 65/100. 2 red flags identified, 4 strengths noted.
How does South Fork Country Club Inc spend its money?
South Fork Country Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Fork Country Club Inc tax-deductible?
South Fork Country Club Inc is registered as a tax-exempt nonprofit (EIN: 111960057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the South Fork Country Club Inc CEO make?
South Fork Country Club Inc's highest-compensated officer earns $10 annually. The organization reported $7.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of South Fork Country Club Inc's spending goes to programs?
South Fork Country Club Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is South Fork Country Club Inc located?
South Fork Country Club Inc is headquartered in Amagansett, New York and files with the IRS under EIN 111960057.
How many years of IRS 990 filings does South Fork Country Club Inc have?
South Fork 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 $7.9M in total revenue.
Is South Fork Country Club Inc a good charity?
As a 501(c)(7) social club, South Fork Country Club Inc is not a public charity in the traditional sense. Its purpose is to provide recreational and social facilities for its members, not to serve the broader public. Therefore, evaluating it as a 'good charity' based on public benefit metrics is not appropriate.
How has the organization's financial health changed over the past decade?
The organization's financial health has significantly improved, with revenue growing from $4,218,427 in 2014 to $10,602,427 in 2023, and assets increasing from $14,701,264 to $27,638,992 over the same period, indicating strong financial growth and stability.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through non-officer roles, which is a common characteristic for member-driven social clubs aiming to keep costs low for their members.
Filing History
IRS 990 filing history for South Fork Country Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), South Fork Country Club Inc's revenue has grown by 216.9%, moving from $3.3M to $10.6M. Total assets increased by 121.8% over the same period, from $12.5M to $27.6M. Total functional expenses rose by 111.8%, from $3.3M to $6.9M. In its most recent filing year (2023), South Fork Country Club Inc reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $27.6M in assets (debt-to-asset ratio: 15.8%), resulting in net assets of $23.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.6M | $6.9M | $27.6M | $4.4M | — | — |
| 2022 | $6.8M | $5.8M | $22.8M | $3.2M | — | — |
| 2021 | $6.4M | $5.4M | $20.1M | $1.2M | — | View 990 |
| 2020 | $5.9M | $4.8M | $19.4M | $1.5M | — | View 990 |
| 2019 | $5.8M | $4.6M | $17.4M | $368K | — | View 990 |
| 2018 | $4.9M | $4.1M | $16.2M | $353K | — | View 990 |
| 2017 | $3.9M | $3.9M | $15.3M | $184K | — | — |
| 2016 | $3.5M | $3.7M | $15.3M | $171K | — | View 990 |
| 2015 | $4.7M | $3.6M | $15.5M | $179K | — | View 990 |
| 2014 | $4.2M | $3.6M | $14.7M | $210K | — | View 990 |
| 2013 | $4.2M | $3.4M | $14.2M | $584K | — | View 990 |
| 2012 | $3.9M | $3.3M | $13.3M | $142K | — | View 990 |
| 2011 | $3.3M | $3.3M | $12.5M | $138K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.6M, expenses of $6.9M, and assets of $27.6M (revenue +56.4% year-over-year).
- 2022: Revenue of $6.8M, expenses of $5.8M, and assets of $22.8M (revenue +5.2% year-over-year).
- 2021: Revenue of $6.4M, expenses of $5.4M, and assets of $20.1M (revenue +9.3% year-over-year).
- 2020: Revenue of $5.9M, expenses of $4.8M, and assets of $19.4M (revenue +2.2% year-over-year).
- 2019: Revenue of $5.8M, expenses of $4.6M, and assets of $17.4M (revenue +18.6% year-over-year).
- 2018: Revenue of $4.9M, expenses of $4.1M, and assets of $16.2M (revenue +23.9% year-over-year).
- 2017: Revenue of $3.9M, expenses of $3.9M, and assets of $15.3M (revenue +10.7% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.7M, and assets of $15.3M (revenue -24.3% year-over-year).
- 2015: Revenue of $4.7M, expenses of $3.6M, and assets of $15.5M (revenue +11.0% year-over-year).
- 2014: Revenue of $4.2M, expenses of $3.6M, and assets of $14.7M (revenue +0.7% year-over-year).
- 2013: Revenue of $4.2M, expenses of $3.4M, and assets of $14.2M (revenue +7.1% year-over-year).
- 2012: Revenue of $3.9M, expenses of $3.3M, and assets of $13.3M (revenue +16.9% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.3M, and assets of $12.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Fork Country Club Inc:
Data Sources and Methodology
This transparency report for South Fork 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.