Abbington Track Club Inc

Abbington Track Club Inc consistently operates with surpluses and no executive compensation.

EIN: 134096981 · Glen Rock, NJ · NTEE: N40 · Updated: 2026-03-28

$179KRevenue

$63KAssets

92/100Mission Score (Excellent)

N40

About Abbington Track Club Inc

Abbington Track Club Inc (EIN: 134096981) is a nonprofit organization based in Glen Rock, NJ, classified under NTEE code N40. The organization reported total revenue of $179K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abbington Track Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Abbington Track Club Inc demonstrates consistent financial health with stable revenues and expenses over the past several years. For the 2023 fiscal period, the organization reported revenues of $172,219 against expenses of $159,098, resulting in a surplus. Their assets have grown steadily, reaching $62,384 in 2023 with no reported liabilities, indicating a strong balance sheet and responsible financial management. The organization's spending efficiency appears robust, as evidenced by their consistent operational surpluses in most recent years, suggesting that they are effectively managing their resources to achieve their mission.

The organization's transparency is high, particularly given the absence of officer compensation reported across all available filings, which simplifies financial scrutiny and reduces potential conflicts of interest. The consistent filing of IRS Form 990s over 13 periods further enhances their transparency, providing a clear historical record of their financial activities. While specific program spending details are not provided in the summary data, the overall financial picture suggests a well-managed and accountable organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Abbington Track Club Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Abbington Track Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Abbington Track Club Inc reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Abbington Track Club Inc:

Consistent operational surpluses (e.g., $13,121 in 2023, $24,716 in 2022)
Zero reported liabilities across all filings, indicating strong financial stability.
0% officer compensation, demonstrating a volunteer-driven leadership and efficient use of funds.
Steady growth in assets over time, from $11,799 in 2016 to $62,384 in 2023.
Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.

Frequently Asked Questions about Abbington Track Club Inc

Is Abbington Track Club Inc a good charity?

Based on the provided financial data, Abbington Track Club Inc appears to be a very good charity. It consistently operates with surpluses (e.g., $13,121 surplus in 2023), has no liabilities, and reports 0% officer compensation, indicating strong financial health and a commitment to its mission without high administrative overhead.

How has the organization's revenue trended over time?

Abbington Track Club Inc's revenue has shown some fluctuation but generally maintains a strong level, with recent years (2023: $172,219, 2022: $185,408) being comparable to pre-pandemic levels (2019: $169,521), indicating resilience and stable community support.

What is the organization's asset growth like?

The organization's assets have shown consistent growth, increasing from $11,799 in 2016 to $62,384 in 2023, demonstrating prudent financial management and accumulation of resources.

Filing History

IRS 990 filing history for Abbington Track Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Abbington Track Club Inc's revenue has grown by 50.3%, moving from $115K to $172K. Total assets increased by 89.6% over the same period, from $33K to $62K. Total functional expenses rose by 48.8%, from $107K to $159K. In its most recent filing year (2023), Abbington Track Club Inc reported a surplus of $13K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$172K	$159K	$62K	$0	—	—
2022	$185K	$161K	$66K	$0	—	View 990
2021	$52K	$61K	$41K	$0	—	View 990
2020	$77K	$88K	$50K	$0	—	—
2019	$170K	$158K	$61K	$0	—	View 990
2018	$164K	$152K	$50K	$0	—	View 990
2017	$140K	$114K	$38K	$0	—	View 990
2016	$95K	$103K	$12K	$0	—	View 990
2015	$104K	$114K	$20K	$0	—	View 990
2014	$101K	$102K	$30K	$0	—	View 990
2013	$148K	$125K	$32K	$0	—	View 990
2012	$86K	$111K	$8K	$0	—	View 990
2011	$115K	$107K	$33K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $172K, expenses of $159K, and assets of $62K (revenue -7.1% year-over-year).
2022: Revenue of $185K, expenses of $161K, and assets of $66K (revenue +254.0% year-over-year).
2021: Revenue of $52K, expenses of $61K, and assets of $41K (revenue -32.0% year-over-year).
2020: Revenue of $77K, expenses of $88K, and assets of $50K (revenue -54.6% year-over-year).
2019: Revenue of $170K, expenses of $158K, and assets of $61K (revenue +3.2% year-over-year).
2018: Revenue of $164K, expenses of $152K, and assets of $50K (revenue +17.4% year-over-year).
2017: Revenue of $140K, expenses of $114K, and assets of $38K (revenue +47.2% year-over-year).
2016: Revenue of $95K, expenses of $103K, and assets of $12K (revenue -8.8% year-over-year).
2015: Revenue of $104K, expenses of $114K, and assets of $20K (revenue +3.6% year-over-year).
2014: Revenue of $101K, expenses of $102K, and assets of $30K (revenue -32.2% year-over-year).
2013: Revenue of $148K, expenses of $125K, and assets of $32K (revenue +72.1% year-over-year).
2012: Revenue of $86K, expenses of $111K, and assets of $8K (revenue -24.8% year-over-year).
2011: Revenue of $115K, expenses of $107K, and assets of $33K.

Data Sources and Methodology

This transparency report for Abbington Track Club Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.