Towanda Country Club
EIN: 240743684 · Towanda, PA
| Metric | Value |
|---|---|
| Total Revenue | $825K |
| Total Expenses | $585K |
| Net Assets | $-468,503 |
Is Towanda Country Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Towanda Country Club
Towanda Country Club (EIN: 240743684) is a nonprofit organization based in Towanda, PA. The organization reported total revenue of $825K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Towanda Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Towanda Country Club is a small nonprofit that has been operating for 57 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -8.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $309K |
| Total Expenses | $585K |
| Surplus / Deficit | $-276,555 |
| Total Assets | $338K |
| Total Liabilities | $806K |
| Net Assets | $-468,503 |
| Operating Margin | -89.6% |
| Debt-to-Asset Ratio | 238.8% |
| Months of Reserves | 6.9 months |
Financial Health Grade: C
In 2020, Towanda Country Club reported a deficit of $277K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 238.8% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Towanda Country Club's revenue has declined at a compound annual growth rate (CAGR) of -8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -54.1% | -10.7% | -32.0% |
| 2019 | +9.7% | -12.5% | +22.4% |
| 2018 | -14.9% | +0.5% | -21.8% |
| 2017 | -6.5% | -6.0% | -4.5% |
| 2016 | +3.8% | +3.1% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Towanda Country Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Towanda Country Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $277K, with expenses exceeding revenue.
- Debt-to-asset ratio: 238.8%.
Frequently Asked Questions about Towanda Country Club
Is Towanda Country Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Towanda Country Club (EIN: 240743684) insufficient data. 0 red flags identified, 0 strengths noted.
How does Towanda Country Club spend its money?
Detailed spending breakdown data is not yet available for Towanda Country Club. Check back for updated IRS 990 analysis.
Are donations to Towanda Country Club tax-deductible?
Towanda Country Club is registered as a tax-exempt nonprofit (EIN: 240743684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Towanda Country Club located?
Towanda Country Club is headquartered in Towanda, Pennsylvania and files with the IRS under EIN 240743684.
How many years of IRS 990 filings does Towanda Country Club have?
Towanda Country Club has 10 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 $825K in total revenue.
Filing History
IRS 990 filing history for Towanda Country Club showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Towanda Country Club's revenue has declined by 56.3%, moving from $707K to $309K. Total assets decreased by 38.8% over the same period, from $552K to $338K. Total functional expenses fell by 31.4%, from $853K to $585K. In its most recent filing year (2020), Towanda Country Club reported a deficit of $277K, with expenses exceeding revenue. The organization holds $806K in liabilities against $338K in assets (debt-to-asset ratio: 238.8%), resulting in net assets of $-468,503.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $309K | $585K | $338K | $806K | — | — |
| 2019 | $673K | $656K | $497K | $689K | — | View 990 |
| 2018 | $613K | $750K | $406K | $615K | — | View 990 |
| 2017 | $720K | $746K | $519K | $592K | — | View 990 |
| 2016 | $770K | $793K | $544K | $591K | — | View 990 |
| 2015 | $742K | $769K | $532K | $556K | — | View 990 |
| 2014 | $795K | $794K | $588K | $584K | — | View 990 |
| 2013 | $835K | $760K | $617K | $614K | — | View 990 |
| 2012 | $803K | $824K | $576K | $649K | — | View 990 |
| 2011 | $707K | $853K | $552K | $602K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $309K, expenses of $585K, and assets of $338K (revenue -54.1% year-over-year).
- 2019: Revenue of $673K, expenses of $656K, and assets of $497K (revenue +9.7% year-over-year).
- 2018: Revenue of $613K, expenses of $750K, and assets of $406K (revenue -14.9% year-over-year).
- 2017: Revenue of $720K, expenses of $746K, and assets of $519K (revenue -6.5% year-over-year).
- 2016: Revenue of $770K, expenses of $793K, and assets of $544K (revenue +3.8% year-over-year).
- 2015: Revenue of $742K, expenses of $769K, and assets of $532K (revenue -6.7% year-over-year).
- 2014: Revenue of $795K, expenses of $794K, and assets of $588K (revenue -4.8% year-over-year).
- 2013: Revenue of $835K, expenses of $760K, and assets of $617K (revenue +4.1% year-over-year).
- 2012: Revenue of $803K, expenses of $824K, and assets of $576K (revenue +13.5% year-over-year).
- 2011: Revenue of $707K, expenses of $853K, and assets of $552K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Towanda Country Club:
Data Sources and Methodology
This transparency report for Towanda 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.