The Atlantic Golf Club Foundation
Nonprofit profile at a glance
- EIN
- 113604532
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Bridgehampton, NY, USA
- Phone
- 6315371818
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $59,104
- Expenses
- $48,550
- Assets
- $34,853
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- THOMAS J HUGHES (PRESIDENT)
- GARY COHN (VICE PRESIDENT)
People named in this filing
- THOMAS J HUGHES (PRESIDENT)
- GARY COHN (VICE PRESIDENT)
- ERIC ROTHFELD (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The atlantic golf club foundation was organized to raise, receive and distribute funds or property without limitation as to the amount or value in order to aid, encourage, stimulate and foster charitable purposes in the community through grants, gifts or otherwise to deserving individuals, groups, institutions and organizations.
Operating model
- Revenue model
- Other-operating. 89% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 82
- Sustainability: 59
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.7%; rating input score 79
- Program expense ratio: 95.8%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17.9%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.6% per year; rating input score 0; 44th percentile among comparable filings
- Revenue growth: -12% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: -5.8% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 78.7% of revenue deployed · 95.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $46K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 12 filed related-organization links
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.