Winged Foot Golf Club Inc
Winged Foot Golf Club Inc. maintains stable finances with consistent revenue and expenses, reporting no officer compensation.
EIN: 131737538 · Mamaroneck, NY · Updated: 2026-03-28
Is Winged Foot Golf Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Winged Foot Golf Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Winged Foot Golf Club Inc
Winged Foot Golf Club Inc (EIN: 131737538) is a nonprofit organization based in Mamaroneck, NY. The organization reported total revenue of $35.9M and total assets of $45.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winged Foot Golf Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winged Foot Golf Club Inc is a large nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.2M |
| Total Expenses | $25.6M |
| Surplus / Deficit | $-410,987 |
| Total Assets | $44.4M |
| Total Liabilities | $10.2M |
| Net Assets | $34.1M |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 23.1% |
| Months of Reserves | 20.8 months |
Financial Health Grade: B
In 2023, Winged Foot Golf Club Inc reported a deficit of $411K with expenses exceeding revenue, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 23.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Winged Foot Golf Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | -1.9% | -3.4% |
| 2022 | +1.5% | +19.3% | -3.6% |
| 2021 | +4.8% | -4.0% | +6.6% |
| 2020 | -0.8% | +11.0% | -8.5% |
| 2019 | +10.3% | +3.8% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 Winged Foot Golf 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Winged Foot Golf 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 deficit of $411K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, which can indicate a lean operational structure.
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 Winged Foot Golf Club Inc's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to categorize the organization's mission and compare it to peers.
- Consistent Operational Deficits: In several recent years (e.g., 2023, 2022, 2020), expenses have slightly exceeded revenue, which, if persistent, could indicate reliance on reserves or other income sources.
Strengths
The following positive indicators were identified for Winged Foot Golf Club Inc:
- Strong Asset Base: The organization maintains a substantial asset base, reported at $44,360,921 in 2023, providing financial stability.
- Consistent Revenue Stream: Annual revenues consistently in the tens of millions of dollars indicate a stable funding model, likely from membership fees.
- No Reported Officer Compensation: The consistent reporting of 0% officer compensation suggests a potentially efficient leadership structure or volunteer-driven executive roles.
- Regular IRS 990 Filings: A history of 13 filings demonstrates consistent compliance and transparency with regulatory requirements.
Frequently Asked Questions about Winged Foot Golf Club Inc
Is Winged Foot Golf Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Winged Foot Golf Club Inc (EIN: 131737538) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Winged Foot Golf Club Inc spend its money?
Winged Foot Golf Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Winged Foot Golf Club Inc tax-deductible?
Winged Foot Golf Club Inc is registered as a tax-exempt nonprofit (EIN: 131737538). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary purpose of Winged Foot Golf Club Inc. as a nonprofit?
Based on the financial data, Winged Foot Golf Club Inc. appears to operate as a private club, likely providing recreational and social facilities for its members. The consistent revenue from membership fees and operational expenses support this interpretation.
How does Winged Foot Golf Club Inc. manage its operational deficits, such as in 2023 and 2022?
In years like 2023 and 2022 where expenses slightly exceeded revenue (e.g., $25,616,162 expenses vs. $25,205,175 revenue in 2023), the organization likely covers these deficits through accumulated reserves, investment income, or by drawing on its substantial asset base of over $44 million.
Are there any significant trends in the organization's assets and liabilities?
Assets have generally increased over the decade, from $33,635,696 in 2014 to $44,360,921 in 2023, indicating growth or reinvestment. Liabilities have fluctuated but remained within a manageable range relative to assets, suggesting financial stability.
Filing History
IRS 990 filing history for Winged Foot Golf Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Winged Foot Golf Club Inc's revenue has grown by 63%, moving from $15.5M to $25.2M. Total assets increased by 70.4% over the same period, from $26.0M to $44.4M. Total functional expenses rose by 88.2%, from $13.6M to $25.6M. In its most recent filing year (2023), Winged Foot Golf Club Inc reported a deficit of $411K, with expenses exceeding revenue. The organization holds $10.2M in liabilities against $44.4M in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $34.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.2M | $25.6M | $44.4M | $10.2M | — | — |
| 2022 | $23.9M | $26.1M | $45.9M | $11.5M | — | View 990 |
| 2021 | $23.5M | $21.9M | $47.7M | $11.0M | — | View 990 |
| 2020 | $22.4M | $22.8M | $44.7M | $9.6M | — | View 990 |
| 2019 | $22.6M | $20.5M | $48.9M | $13.4M | — | — |
| 2018 | $20.5M | $19.8M | $45.5M | $12.1M | — | View 990 |
| 2017 | $21.1M | $18.8M | $40.7M | $8.0M | — | View 990 |
| 2016 | $19.6M | $18.0M | $38.3M | $7.8M | — | View 990 |
| 2015 | $17.3M | $16.6M | $33.8M | $4.8M | — | View 990 |
| 2014 | $17.6M | $16.6M | $33.6M | $5.4M | — | View 990 |
| 2013 | $18.6M | $15.7M | $32.3M | $5.0M | — | View 990 |
| 2012 | $16.9M | $14.4M | $29.3M | $4.9M | — | View 990 |
| 2011 | $15.5M | $13.6M | $26.0M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.2M, expenses of $25.6M, and assets of $44.4M (revenue +5.6% year-over-year).
- 2022: Revenue of $23.9M, expenses of $26.1M, and assets of $45.9M (revenue +1.5% year-over-year).
- 2021: Revenue of $23.5M, expenses of $21.9M, and assets of $47.7M (revenue +4.8% year-over-year).
- 2020: Revenue of $22.4M, expenses of $22.8M, and assets of $44.7M (revenue -0.8% year-over-year).
- 2019: Revenue of $22.6M, expenses of $20.5M, and assets of $48.9M (revenue +10.3% year-over-year).
- 2018: Revenue of $20.5M, expenses of $19.8M, and assets of $45.5M (revenue -2.7% year-over-year).
- 2017: Revenue of $21.1M, expenses of $18.8M, and assets of $40.7M (revenue +7.4% year-over-year).
- 2016: Revenue of $19.6M, expenses of $18.0M, and assets of $38.3M (revenue +13.2% year-over-year).
- 2015: Revenue of $17.3M, expenses of $16.6M, and assets of $33.8M (revenue -1.6% year-over-year).
- 2014: Revenue of $17.6M, expenses of $16.6M, and assets of $33.6M (revenue -5.4% year-over-year).
- 2013: Revenue of $18.6M, expenses of $15.7M, and assets of $32.3M (revenue +10.1% year-over-year).
- 2012: Revenue of $16.9M, expenses of $14.4M, and assets of $29.3M (revenue +9.3% year-over-year).
- 2011: Revenue of $15.5M, expenses of $13.6M, and assets of $26.0M.
Data Sources and Methodology
This transparency report for Winged Foot Golf 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.