Packanack Golf Club
Nonprofit profile at a glance
- EIN
- 221764217
- IRS 990 coverage
- 2020–2025
- Forms available
- Form 990 2025
- Location
- Wayne, NJ, USA
- Phone
- 2013645705
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,313,633
- Expenses
- $1,095,483
- Assets
- $2,697,206
- Liabilities
- $638,897
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Mathew Graff (President)
- Tim DeVries (Vice President)
People named in this filing
- Mathew Graff (President)
- Tim DeVries (Vice President)
- John Forlenza (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide recreational activity to the community. A place where members may come together to have competition, exercise and family activities.
What it reported doing in 2025
2024 Caldwell Classic: 54 hole match play tournament with a 18 hole qualifying round. Played over 3 weekends. Members compete for prizes in honor of founding member William Caldwell.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 3
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.8%; rating input score 4
- Program expense ratio: 3.5%; rating input score 3
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.6%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 2.46; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 49.7% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 3.8% of revenue deployed · 3.5% of spending went to programs
- Governance: 9 of 9 board members independent · 1 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $38K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 4/100.
- High — Financial Efficiency: Program expense ratio scored 3/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Liabilities to assets ratio scored 23/100.