Is Barnegat Light Yacht Club Of Harvey Cedars New Jersey Legit?
Quick charity verification for Barnegat Light Yacht Club Of Harvey Cedars New Jersey (EIN: 222291172)
Verdict: Barnegat Light Yacht Club Of Harvey Cedars New Jersey shows mixed signals
60/100Mission Score
$254KRevenue
$342KAssets
3Red Flags
2Strengths
Red Flags
Zero reported program service expenses ('c0%') across all years, suggesting no direct charitable activities.
Expenses ('x') frequently exceed revenue ('r'), for example, in 2022, expenses were $265,037 against revenue of $222,235.
The organization's name suggests a social club rather than a traditional nonprofit with public benefit programs.
Strengths
Consistent revenue generation over multiple years, indicating stable member support or funding.
Assets have generally increased over time, from $260,458 in 2018 to $342,442 currently.
Spending Breakdown
How Barnegat Light Yacht Club Of Harvey Cedars New Jersey allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Barnegat Light Yacht Club Of Harvey Cedars New Jersey
Is Barnegat Light Yacht Club Of Harvey Cedars New Jersey a legitimate charity?
Based on AI analysis of IRS 990 filings, Barnegat Light Yacht Club Of Harvey Cedars New Jersey (EIN: 222291172) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is Barnegat Light Yacht Club Of Harvey Cedars New Jersey a good charity to donate to?
Barnegat Light Yacht Club Of Harvey Cedars New Jersey has a Mission Score of 60/100. Revenue: $254K. Assets: $342K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Barnegat Light Yacht Club Of Harvey Cedars New Jersey?
The Employer Identification Number (EIN) for Barnegat Light Yacht Club Of Harvey Cedars New Jersey is 222291172. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Barnegat Light Yacht Club Of Harvey Cedars New Jersey spend its money?
Barnegat Light Yacht Club Of Harvey Cedars New Jersey allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Barnegat Light Yacht Club Of Harvey Cedars New Jersey's tax-exempt status?
You can verify Barnegat Light Yacht Club Of Harvey Cedars New Jersey's tax-exempt status using EIN 222291172 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Barnegat Light Yacht Club Of Harvey Cedars New Jersey is a recreation & sports nonprofit based in Harvey Cedars, New Jersey, with reported revenue of $254K and assets of $342K. Our AI analysis assigns a Mission Score of 60/100 (Good). Executive compensation is not reported in the provided filings, as indicated by 'l0' for compensation in most years and 'l7000' and 'l14000' in 2017 and 2016 respectively, which are relatively low given the revenue. Revenue has grown +37% across 13 filing periods.