Wykagyl Country Club Inc
Wykagyl Country Club Inc. consistently generates revenue surpluses and shows strong asset growth over the past decade.
EIN: 131737897 · New Rochelle, NY · Updated: 2026-03-28
Is Wykagyl Country Club Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wykagyl Country Club Inc
Wykagyl Country Club Inc (EIN: 131737897) is a nonprofit organization based in New Rochelle, NY. The organization reported total revenue of $14.4M and total assets of $30.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wykagyl Country Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wykagyl Country Club Inc is a large nonprofit that has been operating for 85 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.1M |
| Total Expenses | $13.1M |
| Surplus / Deficit | +$995K |
| Total Assets | $29.8M |
| Total Liabilities | $5.5M |
| Net Assets | $24.3M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 18.4% |
| Months of Reserves | 27.3 months |
Financial Health Grade: A
In 2023, Wykagyl Country Club Inc reported a surplus of $995K with revenue exceeding expenses, holds 27.3 months of operating reserves (strong position), has a debt-to-asset ratio of 18.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Wykagyl Country Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | +7.3% | +7.8% |
| 2022 | +6.8% | +12.9% | +15.1% |
| 2021 | +13.9% | +15.5% | +8.0% |
| 2020 | -8.0% | -9.5% | +7.1% |
| 2019 | +8.5% | +5.6% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
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 Wykagyl Country Club Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Wykagyl Country Club Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $995K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with over $14 million in annual revenue and suggests that executive roles may be uncompensated or compensated through non-officer categories, or that the organization's structure does not involve compensated officers.
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 Wykagyl Country Club Inc's IRS 990 filings:
- Unknown NTEE Code, making mission assessment difficult
- No breakdown of expenses into program, administrative, or fundraising categories
- Consistent 0% officer compensation without further explanation for an organization of this size
- Organization name 'Country Club' suggests a member-serving entity rather than a public charity, despite 990 filing
Strengths
The following positive indicators were identified for Wykagyl Country Club Inc:
- Consistent revenue growth over the past decade, from $9.6M in 2014 to $14.0M in 2023
- Consistently operates with a financial surplus, with revenues exceeding expenses in all reported periods
- Strong asset growth, increasing from $19.4M in 2014 to $29.7M in 2023
- Healthy asset-to-liability ratio, indicating financial stability (e.g., $29.7M assets vs $5.4M liabilities in 2023)
Frequently Asked Questions about Wykagyl Country Club Inc
Is Wykagyl Country Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wykagyl Country Club Inc (EIN: 131737897) significant concerns. Mission Score: 20/100. 4 red flags identified, 4 strengths noted.
How does Wykagyl Country Club Inc spend its money?
Detailed spending breakdown data is not yet available for Wykagyl Country Club Inc. Check back for updated IRS 990 analysis.
Are donations to Wykagyl Country Club Inc tax-deductible?
Wykagyl Country Club Inc is registered as a tax-exempt nonprofit (EIN: 131737897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific charitable mission of Wykagyl Country Club Inc.?
The provided data, including the organization's name and lack of NTEE code, does not clearly indicate a charitable mission. Country clubs typically operate as social or recreational organizations for members, rather than public charities.
How does Wykagyl Country Club Inc. allocate its expenses between program services, administrative costs, and fundraising?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it impossible to determine the allocation percentages.
Why is officer compensation consistently reported as 0% despite significant revenue?
The consistent reporting of 0% officer compensation could mean that executive positions are unpaid, compensated through other means not classified as 'officer compensation' on the 990, or that the organization's governance structure does not include compensated officers in the traditional sense. Further investigation into the full 990 form would be needed for clarity.
What are the primary sources of revenue for Wykagyl Country Club Inc.?
While the total revenue is provided, the specific sources (e.g., membership dues, event fees, food and beverage sales) are not detailed in the summary data.
Filing History
IRS 990 filing history for Wykagyl Country Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Wykagyl Country Club Inc's revenue has grown by 47.8%, moving from $9.5M to $14.1M. Total assets increased by 50.6% over the same period, from $19.8M to $29.8M. Total functional expenses rose by 48.3%, from $8.8M to $13.1M. In its most recent filing year (2023), Wykagyl Country Club Inc reported a surplus of $995K, with revenue exceeding expenses. The organization holds $5.5M in liabilities against $29.8M in assets (debt-to-asset ratio: 18.4%), resulting in net assets of $24.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.1M | $13.1M | $29.8M | $5.5M | — | View 990 |
| 2022 | $13.4M | $12.2M | $27.6M | $4.3M | — | View 990 |
| 2021 | $12.6M | $10.8M | $24.0M | $3.4M | — | View 990 |
| 2020 | $11.0M | $9.4M | $22.2M | $3.4M | — | View 990 |
| 2019 | $12.0M | $10.3M | $20.7M | $3.5M | — | View 990 |
| 2018 | $11.1M | $9.8M | $19.8M | $3.7M | — | View 990 |
| 2017 | $10.6M | $9.4M | $19.3M | $4.6M | — | View 990 |
| 2016 | $9.9M | $9.5M | $18.9M | $5.0M | — | View 990 |
| 2015 | $10.1M | $9.7M | $19.2M | $5.2M | — | View 990 |
| 2014 | $9.7M | $9.5M | $19.5M | $6.1M | — | View 990 |
| 2013 | $10.8M | $10.1M | $20.1M | $7.0M | — | View 990 |
| 2012 | $10.2M | $9.1M | $19.9M | $8.0M | — | View 990 |
| 2011 | $9.9M | $8.9M | $19.6M | $7.4M | — | View 990 |
| 2010 | $9.5M | $8.8M | $19.8M | $8.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.1M, expenses of $13.1M, and assets of $29.8M (revenue +5.0% year-over-year).
- 2022: Revenue of $13.4M, expenses of $12.2M, and assets of $27.6M (revenue +6.8% year-over-year).
- 2021: Revenue of $12.6M, expenses of $10.8M, and assets of $24.0M (revenue +13.9% year-over-year).
- 2020: Revenue of $11.0M, expenses of $9.4M, and assets of $22.2M (revenue -8.0% year-over-year).
- 2019: Revenue of $12.0M, expenses of $10.3M, and assets of $20.7M (revenue +8.5% year-over-year).
- 2018: Revenue of $11.1M, expenses of $9.8M, and assets of $19.8M (revenue +4.4% year-over-year).
- 2017: Revenue of $10.6M, expenses of $9.4M, and assets of $19.3M (revenue +7.1% year-over-year).
- 2016: Revenue of $9.9M, expenses of $9.5M, and assets of $18.9M (revenue -1.8% year-over-year).
- 2015: Revenue of $10.1M, expenses of $9.7M, and assets of $19.2M (revenue +4.4% year-over-year).
- 2014: Revenue of $9.7M, expenses of $9.5M, and assets of $19.5M (revenue -10.9% year-over-year).
- 2013: Revenue of $10.8M, expenses of $10.1M, and assets of $20.1M (revenue +6.7% year-over-year).
- 2012: Revenue of $10.2M, expenses of $9.1M, and assets of $19.9M (revenue +3.0% year-over-year).
- 2011: Revenue of $9.9M, expenses of $8.9M, and assets of $19.6M (revenue +3.4% year-over-year).
- 2010: Revenue of $9.5M, expenses of $8.8M, and assets of $19.8M.
Data Sources and Methodology
This transparency report for Wykagyl 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.