Anglers Club Of Absecon Island
Anglers Club Of Absecon Island maintains strong asset growth and zero liabilities, with no reported officer compensation.
EIN: 210395605 · Margate, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $458K |
| Total Expenses | $107K |
| Program Spending | 80% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Anglers Club Of Absecon Island Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anglers Club Of Absecon Island directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anglers Club Of Absecon Island
Anglers Club Of Absecon Island (EIN: 210395605) is a nonprofit organization based in Margate, NJ. The organization reported total revenue of $458K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anglers Club Of Absecon Island's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anglers Club Of Absecon Island is a small nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $107K |
| Surplus / Deficit | +$21K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 16.2% |
| Months of Reserves | 154.3 months |
Financial Health Grade: A
In 2023, Anglers Club Of Absecon Island reported a surplus of $21K with revenue exceeding expenses, holds 154.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Anglers Club Of Absecon Island's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +7.0% | +1.5% |
| 2022 | +23.6% | +124.9% | +0.3% |
| 2021 | -84.8% | -94.5% | +4.3% |
| 2020 | +786.5% | +1040.6% | +57.3% |
| 2019 | +4.0% | +8.6% | +11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anglers Club Of Absecon Island with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Anglers Club Of Absecon Island allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or that compensation is below IRS reporting thresholds, which is highly favorable for a nonprofit of this 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.
Red Flags
The following concerns were identified during AI analysis of Anglers Club Of Absecon Island's IRS 990 filings:
- Significant expense spike in 2020 ($815,060) without clear explanation in provided data, leading to a deficit for that year.
Strengths
The following positive indicators were identified for Anglers Club Of Absecon Island:
- Consistent asset growth, reaching $1,382,671 in 2023.
- Zero reported liabilities across all filings, indicating strong financial health.
- 0% reported officer compensation, suggesting efficient use of funds or volunteer leadership.
- Generally operates with a surplus, as seen in 2023 ($128,340 revenue vs. $107,498 expenses).
Frequently Asked Questions about Anglers Club Of Absecon Island
Is Anglers Club Of Absecon Island a legitimate charity?
Based on AI analysis of IRS 990 filings, Anglers Club Of Absecon Island (EIN: 210395605) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Anglers Club Of Absecon Island spend its money?
Anglers Club Of Absecon Island directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Anglers Club Of Absecon Island tax-deductible?
Anglers Club Of Absecon Island is registered as a tax-exempt nonprofit (EIN: 210395605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Anglers Club Of Absecon Island's spending goes to programs?
Anglers Club Of Absecon Island directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Anglers Club Of Absecon Island located?
Anglers Club Of Absecon Island is headquartered in Margate, New Jersey and files with the IRS under EIN 210395605.
How many years of IRS 990 filings does Anglers Club Of Absecon Island have?
Anglers Club Of Absecon Island has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $458K in total revenue.
Is Anglers Club Of Absecon Island a good charity?
Based on its financial health, consistent asset growth, zero liabilities, and 0% reported officer compensation, the Anglers Club Of Absecon Island appears to be a well-managed and financially sound organization. The significant expense in 2020 would be the only area for further inquiry.
What caused the large expense in 2020?
In 2020, the organization reported expenses of $815,060 against revenues of $555,008. This significant outlay, which is much higher than other years, would require reviewing the full 990 filing for that period to understand the specific nature of these expenditures, such as a major capital project or event.
How does the club fund its operations?
The club's revenue fluctuates significantly year-to-year, ranging from $53,356 in 2017 to $555,008 in 2020. Without detailed breakdowns, it's difficult to pinpoint exact funding sources, but the variability suggests reliance on events, membership dues, or specific projects rather than a consistent grant or donation stream.
Filing History
IRS 990 filing history for Anglers Club Of Absecon Island showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Anglers Club Of Absecon Island's revenue has grown by 113%, moving from $60K to $128K. Total assets increased by 486.2% over the same period, from $236K to $1.4M. Total functional expenses rose by 87.9%, from $57K to $107K. In its most recent filing year (2023), Anglers Club Of Absecon Island reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $107K | $1.4M | $0 | — | — |
| 2022 | $104K | $100K | $1.4M | $0 | — | View 990 |
| 2021 | $84K | $45K | $1.4M | $0 | — | View 990 |
| 2020 | $555K | $815K | $1.3M | $0 | — | — |
| 2019 | $63K | $71K | $828K | $0 | — | View 990 |
| 2018 | $60K | $66K | $743K | $0 | — | View 990 |
| 2017 | $53K | $32K | $760K | $0 | — | — |
| 2016 | $340K | $32K | $743K | $0 | — | View 990 |
| 2015 | $103K | $33K | $401K | $0 | — | View 990 |
| 2014 | $61K | $31K | $331K | $0 | — | View 990 |
| 2013 | $63K | $35K | $309K | $0 | — | View 990 |
| 2012 | $112K | $66K | $280K | $0 | — | View 990 |
| 2011 | $60K | $57K | $236K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $107K, and assets of $1.4M (revenue +22.9% year-over-year).
- 2022: Revenue of $104K, expenses of $100K, and assets of $1.4M (revenue +23.6% year-over-year).
- 2021: Revenue of $84K, expenses of $45K, and assets of $1.4M (revenue -84.8% year-over-year).
- 2020: Revenue of $555K, expenses of $815K, and assets of $1.3M (revenue +786.5% year-over-year).
- 2019: Revenue of $63K, expenses of $71K, and assets of $828K (revenue +4.0% year-over-year).
- 2018: Revenue of $60K, expenses of $66K, and assets of $743K (revenue +12.9% year-over-year).
- 2017: Revenue of $53K, expenses of $32K, and assets of $760K (revenue -84.3% year-over-year).
- 2016: Revenue of $340K, expenses of $32K, and assets of $743K (revenue +229.4% year-over-year).
- 2015: Revenue of $103K, expenses of $33K, and assets of $401K (revenue +67.9% year-over-year).
- 2014: Revenue of $61K, expenses of $31K, and assets of $331K (revenue -2.8% year-over-year).
- 2013: Revenue of $63K, expenses of $35K, and assets of $309K (revenue -43.4% year-over-year).
- 2012: Revenue of $112K, expenses of $66K, and assets of $280K (revenue +85.1% year-over-year).
- 2011: Revenue of $60K, expenses of $57K, and assets of $236K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anglers Club Of Absecon Island:
Data Sources and Methodology
This transparency report for Anglers Club Of Absecon Island 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.