Asbury Park Tennis Initiative
EIN: 870934207 · Asbury Park, NJ · NTEE: N66
| Metric | Value |
|---|---|
| Total Revenue | $260K |
| Total Expenses | $73K |
| Net Assets | $34K |
Is Asbury Park Tennis Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asbury Park Tennis Initiative
Asbury Park Tennis Initiative (EIN: 870934207) is a nonprofit organization based in Asbury Park, NJ, classified under NTEE code N66. The organization reported total revenue of $260K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asbury Park Tennis Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asbury Park Tennis Initiative is a small nonprofit that has been operating for 5 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $73K |
| Surplus / Deficit | +$18K |
| Total Assets | $284K |
| Total Liabilities | $250K |
| Net Assets | $34K |
| Operating Margin | 20.1% |
| Debt-to-Asset Ratio | 88.0% |
| Months of Reserves | 46.8 months |
Financial Health Grade: A
In 2023, Asbury Park Tennis Initiative reported a surplus of $18K with revenue exceeding expenses, holds 46.8 months of operating reserves (strong position), has a debt-to-asset ratio of 88.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asbury Park Tennis Initiative has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asbury Park Tennis Initiative with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 88.0%.
Frequently Asked Questions about Asbury Park Tennis Initiative
Is Asbury Park Tennis Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Asbury Park Tennis Initiative (EIN: 870934207) insufficient data. 0 red flags identified, 0 strengths noted.
How does Asbury Park Tennis Initiative spend its money?
Detailed spending breakdown data is not yet available for Asbury Park Tennis Initiative. Check back for updated IRS 990 analysis.
Are donations to Asbury Park Tennis Initiative tax-deductible?
Asbury Park Tennis Initiative is registered as a tax-exempt nonprofit (EIN: 870934207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asbury Park Tennis Initiative located?
Asbury Park Tennis Initiative is headquartered in Asbury Park, New Jersey and files with the IRS under EIN 870934207. It is classified under NTEE code N66.
Filing History
IRS 990 filing history for Asbury Park Tennis Initiative showing financial trends over 1 year of public records:
In its most recent filing year (2023), Asbury Park Tennis Initiative reported a surplus of $18K, with revenue exceeding expenses. The organization holds $250K in liabilities against $284K in assets (debt-to-asset ratio: 88.0%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $73K | $284K | $250K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asbury Park Tennis Initiative:
Data Sources and Methodology
This transparency report for Asbury Park Tennis Initiative 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.