Is Lloyd Neck Bath Club Inc Legit? —…

Spending Breakdown

How Lloyd Neck Bath Club Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Lloyd Neck Bath Club Inc

Is Lloyd Neck Bath Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Lloyd Neck Bath Club Inc (EIN: 111014855) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Lloyd Neck Bath Club Inc a good charity to donate to?

Lloyd Neck Bath Club Inc has a Mission Score of 75/100. Revenue: $2.2M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lloyd Neck Bath Club Inc?

The Employer Identification Number (EIN) for Lloyd Neck Bath Club Inc is 111014855. 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 Lloyd Neck Bath Club Inc spend its money?

Lloyd Neck Bath Club Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lloyd Neck Bath Club Inc's tax-exempt status?

You can verify Lloyd Neck Bath Club Inc's tax-exempt status using EIN 111014855 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

Lloyd Neck Bath Club Inc. demonstrates consistent financial stability, with revenues generally exceeding expenses across its filing history. The organization reported $2,304,078 in revenue against $1,759,689 in expenses in its latest 2023 filing, indicating a healthy surplus. Its asset base has also shown significant growth, nearly doubling from $1,853,037 in 2015 to $3,505,721 in 2023, suggesting sound financial management and accumulation of resources. The organization's liabilities have remained relatively low, with the exception of a notable increase to $897,196 in 2023, which warrants further investigation to understand its nature and impact on long-term financial health. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative efficiency.

However, without a breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The NTEE code being 'Unknown' also limits the ability to benchmark its financial performance against similar organizations. The significant jump in liabilities in the latest filing, from $14,104 in 2022 to $897,196 in 2023, is a key area for further scrutiny to ensure it doesn't represent an unsustainable financial obligation. Overall, the organization appears financially robust, but more detailed expense allocation and clarification on the recent liability increase would enhance transparency and allow for a more comprehensive assessment of its operational efficiency and financial health.

Is Lloyd Neck Bath Club Inc Legit?

Verdict: Lloyd Neck Bath Club Inc appears trustworthy

Red Flags

Strengths