Somerset Club Inc
Nonprofit profile at a glance
- EIN
- 391168207
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990 2013, Form 990-EZ 2025
- Location
- Racine, WI, USA
- Phone
- 2622609501
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $182,808
- Expenses
- $203,611
- Assets
- $42,199
- Liabilities
- $1,882
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- LYNDSAY KNOELL (PRESIDENT)
- DARRYL BABU (VICE PRESIDENT)
People named in this filing
- LYNDSAY KNOELL (PRESIDENT)
- DARRYL BABU (VICE PRESIDENT)
- RC WEYERS (SECRETARY/TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Somerset club is an organization exempt under section 501(c)(7) of the internal revenue code. All revenue producing activities are for the pleasure and recreation of club members. Membership fees and dues support these activities and net income, if any, is retained by the club for future activities or for maintenance.
What it reported doing in 2025
All income of $182,808. Was collected from members. All of which was used to produce activities for the pleasure and recreation of club members.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. 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: 0
- Transparency & Controls: 82
- Sustainability: 22
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -11.4%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.4% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 24th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 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 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.