Colony Club
Nonprofit profile at a glance
- EIN
- 041195950
- IRS 990 coverage
- 2010–2016
- Forms available
- Form 990 2016
- Location
- Springfield, MA, USA
- Phone
- 4137324101
- Rating confidence
- Limited
- Sector
- Amateur Sports
Reported finances
- Revenue
- $821,073
- Expenses
- $921,101
- Assets
- $649,896
- Liabilities
- $198,368
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- PHILIP DUDA (PRESIDENT (THRU 5/19/16) & DIRECTOR)
- MARK TEED (V.P. (THRU 5/19/16) & PRESIDENT EFF 5/19/16)
Highest reported compensation
- HEIDI EDWARDS (CLUB MANAGER): $72,084 total reported compensation
- BRITTNEY CHECHILE (CONTROLLER): $29,393 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide its members with fine dining and special events superior to any restaurant in the pioneer valley.
What it reported doing in 2016
The social club provides meals and special events to members.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 24
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -12.2%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.71; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 11%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -3% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -11.4% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $72K · 16 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2010 to 2016
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.