Woodlands Club
Woodlands Club shows consistent revenue growth and asset accumulation, but executive compensation transparency is lacking.
EIN: 10414169 · Falmouth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.0M |
| Total Expenses | $9.3M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $9.7 |
| Net Assets | $9.6M |
| Transparency Score | 65/100 |
Is Woodlands Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Woodlands Club directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Woodlands Club
Woodlands Club (EIN: 10414169) is a nonprofit organization based in Falmouth, ME. The organization reported total revenue of $14.0M and total assets of $19.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodlands Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodlands Club is a large nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.7M |
| Total Expenses | $9.3M |
| Surplus / Deficit | +$459K |
| Total Assets | $15.0M |
| Total Liabilities | $5.4M |
| Net Assets | $9.6M |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 36.0% |
| Months of Reserves | 19.4 months |
Financial Health Grade: A
In 2023, Woodlands Club reported a surplus of $459K with revenue exceeding expenses, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 36.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Woodlands Club's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +14.6% | +7.1% |
| 2022 | +6.4% | +10.6% | +7.7% |
| 2021 | +23.1% | +22.0% | +5.9% |
| 2020 | -8.7% | -11.9% | +1.7% |
| 2019 | +3.8% | +1.4% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Woodlands Club 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: 75%
- fundraising: 10%
According to IRS 990 filings, Woodlands Club allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $459K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.0%.
Executive Compensation Analysis
The consistent reporting of 0% for officer compensation across all 13 filings, despite the organization's substantial revenue (up to $9.7 million in 2023) and assets ($15 million in 2023), is highly unusual and raises questions about how executive leadership is compensated or if this section is being interpreted narrowly.
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 Woodlands Club's IRS 990 filings:
- Consistent 0% officer compensation reported despite significant revenue and assets, raising transparency concerns.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Strengths
The following positive indicators were identified for Woodlands Club:
- Consistent revenue growth, from $6.2 million in 2015 to $9.7 million in 2023, indicating financial stability.
- Positive net income (revenue exceeding expenses) in all reported periods, demonstrating sound financial management.
- Steady asset growth, from $12.1 million in 2015 to $15 million in 2023, strengthening the organization's financial position.
Frequently Asked Questions about Woodlands Club
Is Woodlands Club a legitimate charity?
Woodlands Club (EIN: 10414169) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $14.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Woodlands Club spend its money?
Woodlands Club directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Woodlands Club tax-deductible?
Woodlands Club is registered as a tax-exempt nonprofit (EIN: 10414169). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Woodlands Club CEO make?
Woodlands Club's highest-compensated officer earns $9.7 annually. The organization reported $14.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Woodlands Club's spending goes to programs?
Woodlands Club directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Woodlands Club located?
Woodlands Club is headquartered in Falmouth, Maine and files with the IRS under EIN 10414169.
How many years of IRS 990 filings does Woodlands Club have?
Woodlands Club 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 $14.0M in total revenue.
Is Woodlands Club a good charity?
Based on the provided financial data, Woodlands Club demonstrates strong financial health with consistent revenue growth and asset accumulation. However, without a detailed breakdown of program spending and clarification on executive compensation, a full assessment of its charitable effectiveness and mission impact is challenging.
How does Woodlands Club spend its money?
The provided data indicates that Woodlands Club consistently spends less than it earns, resulting in surpluses. For example, in 2023, expenses were $9,282,907 against revenues of $9,741,979. However, a detailed breakdown of how these expenses are allocated between programs, administration, and fundraising is not available in the provided IRS 990 summary.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is unusual for an organization of this size. It could mean that executive roles are entirely volunteer, compensation is paid through a related entity, or it's categorized differently on the 990, which warrants further investigation for clarity.
Filing History
IRS 990 filing history for Woodlands Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Woodlands Club's revenue has grown by 67.5%, moving from $5.8M to $9.7M. Total assets increased by 45.8% over the same period, from $10.3M to $15.0M. Total functional expenses rose by 60.9%, from $5.8M to $9.3M. In its most recent filing year (2023), Woodlands Club reported a surplus of $459K, with revenue exceeding expenses. The organization holds $5.4M in liabilities against $15.0M in assets (debt-to-asset ratio: 36.0%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.7M | $9.3M | $15.0M | $5.4M | — | — |
| 2022 | $8.6M | $8.1M | $14.0M | $4.9M | — | View 990 |
| 2021 | $8.0M | $7.3M | $13.0M | $4.3M | — | View 990 |
| 2020 | $6.5M | $6.0M | $12.3M | $4.3M | — | — |
| 2019 | $7.2M | $6.8M | $12.1M | $4.6M | — | View 990 |
| 2018 | $6.9M | $6.7M | $12.0M | $4.9M | — | View 990 |
| 2017 | $6.6M | $6.4M | $12.2M | $5.2M | — | View 990 |
| 2016 | $6.6M | $6.4M | $12.2M | $5.4M | — | View 990 |
| 2015 | $6.3M | $6.2M | $12.2M | $5.6M | — | View 990 |
| 2014 | $6.8M | $6.1M | $12.2M | $5.7M | — | View 990 |
| 2013 | $6.2M | $5.9M | $10.6M | $4.8M | — | View 990 |
| 2012 | $6.0M | $5.8M | $10.4M | $4.9M | — | View 990 |
| 2011 | $5.8M | $5.8M | $10.3M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.7M, expenses of $9.3M, and assets of $15.0M (revenue +13.9% year-over-year).
- 2022: Revenue of $8.6M, expenses of $8.1M, and assets of $14.0M (revenue +6.4% year-over-year).
- 2021: Revenue of $8.0M, expenses of $7.3M, and assets of $13.0M (revenue +23.1% year-over-year).
- 2020: Revenue of $6.5M, expenses of $6.0M, and assets of $12.3M (revenue -8.7% year-over-year).
- 2019: Revenue of $7.2M, expenses of $6.8M, and assets of $12.1M (revenue +3.8% year-over-year).
- 2018: Revenue of $6.9M, expenses of $6.7M, and assets of $12.0M (revenue +4.4% year-over-year).
- 2017: Revenue of $6.6M, expenses of $6.4M, and assets of $12.2M (revenue +0.1% year-over-year).
- 2016: Revenue of $6.6M, expenses of $6.4M, and assets of $12.2M (revenue +5.0% year-over-year).
- 2015: Revenue of $6.3M, expenses of $6.2M, and assets of $12.2M (revenue -8.0% year-over-year).
- 2014: Revenue of $6.8M, expenses of $6.1M, and assets of $12.2M (revenue +10.7% year-over-year).
- 2013: Revenue of $6.2M, expenses of $5.9M, and assets of $10.6M (revenue +2.8% year-over-year).
- 2012: Revenue of $6.0M, expenses of $5.8M, and assets of $10.4M (revenue +3.1% year-over-year).
- 2011: Revenue of $5.8M, expenses of $5.8M, and assets of $10.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodlands Club:
Data Sources and Methodology
This transparency report for Woodlands 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.