Is Ocean Beach Club Of Elberon New Jer…

Quick charity verification for Ocean Beach Club Of Elberon New Jer (EIN: 210527680)

Red Flags

Consistent trend of expenses exceeding revenue in recent years (e.g., 2023, 2022, 2020), indicating potential operational deficits.
High liabilities relative to assets ($3,500,329 liabilities vs. $4,892,847 assets in 2023), suggesting significant debt.
Lack of reported officer compensation (0%) across all filings, which could be a transparency concern if leadership is compensated in other ways not clearly disclosed.
NTEE code is unknown, making it difficult to benchmark against similar organizations or fully understand its mission.

Spending Breakdown

How Ocean Beach Club Of Elberon New Jer allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Ocean Beach Club Of Elberon New Jer

Is Ocean Beach Club Of Elberon New Jer a legitimate charity?

Based on AI analysis of IRS 990 filings, Ocean Beach Club Of Elberon New Jer (EIN: 210527680) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.

Is Ocean Beach Club Of Elberon New Jer a good charity to donate to?

Ocean Beach Club Of Elberon New Jer has a Mission Score of 65/100. Revenue: $2.3M. Assets: $5.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ocean Beach Club Of Elberon New Jer?

The Employer Identification Number (EIN) for Ocean Beach Club Of Elberon New Jer is 210527680. 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 Ocean Beach Club Of Elberon New Jer spend its money?

Ocean Beach Club Of Elberon New Jer allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ocean Beach Club Of Elberon New Jer's tax-exempt status?

You can verify Ocean Beach Club Of Elberon New Jer's tax-exempt status using EIN 210527680 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

The Ocean Beach Club Of Elberon New Jer appears to be a membership-based social club, as indicated by its consistent revenue and expense patterns and the absence of reported officer compensation. Its financial health shows a pattern of expenses generally exceeding revenue in recent years, such as in 2023 where expenses were $1,860,648 against revenues of $1,819,212, leading to a slight deficit. This trend is also visible in 2022 and 2020. While the organization maintains substantial assets, reported at $4,892,847 in 2023, its liabilities are also significant, at $3,500,329 in the same period, indicating a high debt-to-asset ratio. The consistent lack of reported officer compensation suggests that the organization may be run by volunteers or that compensation is structured in a way not captured under 'officer compensation' on the 990, which could be a positive for efficiency or a point of inquiry for transparency. Given the nature of a social club, 'program spending' would likely encompass operational costs related to member services and facilities. Without a detailed breakdown of expenses beyond the summary, it's challenging to assess spending efficiency in terms of traditional charitable programs. However, the consistent financial activity over many years suggests a stable, albeit tightly managed, operation.

Is Ocean Beach Club Of Elberon New Jer Legit?

Verdict: Ocean Beach Club Of Elberon New Jer shows mixed signals