Strathmore Vanderbilt Country Club Of Manhasset Inc

Strathmore Vanderbilt Country Club operates near break-even with increasing assets and liabilities, reporting no officer compensation.

EIN: 111375892 · Altamonte Spg, FL · Updated: 2026-03-28

$4.4MRevenue

$4.1MAssets

40/100Mission Score (Fair)

About Strathmore Vanderbilt Country Club Of Manhasset Inc

Strathmore Vanderbilt Country Club Of Manhasset Inc (EIN: 111375892) is a nonprofit organization based in Altamonte Spg, FL. The organization reported total revenue of $4.4M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Strathmore Vanderbilt Country Club Of Manhasset Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Strathmore Vanderbilt Country Club Of Manhasset Inc, despite being classified as a nonprofit, operates with financial characteristics more akin to a private club, as suggested by its name and NTEE code being unknown. The organization consistently reports expenses very close to its revenue, with the latest filing (202312) showing expenses of $3,752,386 against revenue of $3,748,160, resulting in a slight deficit. This trend of near break-even operations is consistent across multiple years, indicating a focus on covering operational costs rather than accumulating significant surpluses for programmatic expansion or reserves. The organization's assets have shown growth, from $1,774,158 in 2014 to $4,234,690 in 2023, but liabilities have also increased substantially, reaching $3,044,076 in 2023, suggesting significant debt financing or deferred revenue. Without a clear NTEE code or detailed program expense breakdown, assessing spending efficiency and program focus is challenging.

The organization reports 0% officer compensation across all available filings, which is unusual for an entity of its size with millions in revenue and expenses. This could indicate that officers are compensated through other means not reported as 'officer compensation' on the 990, or that the organization is entirely volunteer-led at the executive level, which is less common for a country club structure. The lack of detailed information regarding program services and the unknown NTEE code hinder a comprehensive assessment of its charitable impact and transparency. The financial data primarily reflects operational stability rather than a clear philanthropic mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Strathmore Vanderbilt Country Club Of Manhasset Inc with a Mission Score of 40 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Strathmore Vanderbilt Country Club Of Manhasset 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all filings, which is highly unusual for an entity with millions in revenue and assets, suggesting compensation may be structured differently or that executive leadership is entirely volunteer-based.

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 Strathmore Vanderbilt Country Club Of Manhasset Inc's IRS 990 filings:

Unknown NTEE code, obscuring charitable purpose
Consistent 0% officer compensation for an organization with millions in revenue, which is unusual
High and increasing liabilities relative to assets, suggesting significant debt
Lack of clear program spending details in available data

Strengths

The following positive indicators were identified for Strathmore Vanderbilt Country Club Of Manhasset Inc:

Consistent revenue generation over multiple years
Growth in assets over the past decade, from $1.7M to over $4.2M
Operational stability, consistently covering expenses with revenue

Frequently Asked Questions about Strathmore Vanderbilt Country Club Of Manhasset Inc

What is the primary charitable purpose or program of Strathmore Vanderbilt Country Club Of Manhasset Inc?

Based on the available IRS 990 data, the specific charitable purpose or program is not clearly defined. The organization's name suggests it operates as a country club, which typically serves members rather than the general public for charitable purposes. The NTEE code is unknown, which further obscures its mission.

How does the organization manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is atypical for an organization of this financial scale. This could imply that executive roles are entirely volunteer, or that compensation is provided through non-officer roles or benefits not categorized as 'officer compensation' on the 990 form.

What is the breakdown of the organization's expenses, particularly for programs versus administrative costs?

Without a detailed functional expense statement from the 990, a precise breakdown is not available. However, given the nature of a country club, a significant portion of expenses would likely be operational (facilities, staff, maintenance), which could be categorized as program or administrative depending on the specific activities.

Why are the liabilities increasing significantly alongside assets?

Liabilities have grown from $767,248 in 2014 to $3,044,076 in 2023. This increase, alongside asset growth, suggests the organization may be undertaking significant capital improvements, expansions, or other investments, potentially financed through debt.

Filing History

IRS 990 filing history for Strathmore Vanderbilt Country Club Of Manhasset Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Strathmore Vanderbilt Country Club Of Manhasset Inc's revenue has grown by 94.9%, moving from $1.9M to $3.7M. Total assets increased by 166.2% over the same period, from $1.6M to $4.2M. Total functional expenses rose by 106.7%, from $1.8M to $3.8M. In its most recent filing year (2023), Strathmore Vanderbilt Country Club Of Manhasset Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $4.2M in assets (debt-to-asset ratio: 71.9%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.7M	$3.8M	$4.2M	$3.0M	—	—
2022	$3.7M	$3.5M	$3.8M	$2.6M	—	View 990
2021	$3.2M	$2.6M	$2.1M	$999K	—	View 990
2020	$2.0M	$2.2M	$1.8M	$1.3M	—	View 990
2019	$2.2M	$2.3M	$1.7M	$1.0M	—	—
2018	$2.1M	$2.3M	$1.6M	$832K	—	View 990
2017	$2.5M	$2.4M	$1.7M	$816K	—	View 990
2016	$2.4M	$2.5M	$1.7M	$818K	—	View 990
2015	$2.4M	$2.5M	$1.8M	$895K	—	View 990
2014	$2.2M	$2.0M	$1.8M	$767K	—	View 990
2013	$2.1M	$2.2M	$1.6M	$786K	—	View 990
2012	$2.1M	$2.0M	$1.6M	$777K	—	View 990
2011	$1.9M	$1.8M	$1.6M	$824K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.7M, expenses of $3.8M, and assets of $4.2M (revenue +2.1% year-over-year).
2022: Revenue of $3.7M, expenses of $3.5M, and assets of $3.8M (revenue +14.4% year-over-year).
2021: Revenue of $3.2M, expenses of $2.6M, and assets of $2.1M (revenue +63.3% year-over-year).
2020: Revenue of $2.0M, expenses of $2.2M, and assets of $1.8M (revenue -11.8% year-over-year).
2019: Revenue of $2.2M, expenses of $2.3M, and assets of $1.7M (revenue +3.7% year-over-year).
2018: Revenue of $2.1M, expenses of $2.3M, and assets of $1.6M (revenue -14.8% year-over-year).
2017: Revenue of $2.5M, expenses of $2.4M, and assets of $1.7M (revenue +3.0% year-over-year).
2016: Revenue of $2.4M, expenses of $2.5M, and assets of $1.7M (revenue +1.3% year-over-year).
2015: Revenue of $2.4M, expenses of $2.5M, and assets of $1.8M (revenue +10.9% year-over-year).
2014: Revenue of $2.2M, expenses of $2.0M, and assets of $1.8M (revenue +2.0% year-over-year).
2013: Revenue of $2.1M, expenses of $2.2M, and assets of $1.6M (revenue +2.3% year-over-year).
2012: Revenue of $2.1M, expenses of $2.0M, and assets of $1.6M (revenue +8.6% year-over-year).
2011: Revenue of $1.9M, expenses of $1.8M, and assets of $1.6M.

Data Sources and Methodology

This transparency report for Strathmore Vanderbilt Country Club Of Manhasset 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.