Asbury Park Theater Company
EIN: 841878642 · Asbury Park, NJ · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $223K |
| Net Assets | $87K |
Is Asbury Park Theater Company 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 Theater Company
Asbury Park Theater Company (EIN: 841878642) is a nonprofit organization based in Asbury Park, NJ, classified under NTEE code A65. The organization reported total revenue of $209K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asbury Park Theater Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asbury Park Theater Company is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -57.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $223K |
| Surplus / Deficit | $-96,705 |
| Total Assets | $87K |
| Net Assets | $87K |
| Operating Margin | -76.5% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Asbury Park Theater Company reported a deficit of $97K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2022–2023), Asbury Park Theater Company's revenue has declined at a compound annual growth rate (CAGR) of -57.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.5% | +52.6% | -52.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asbury Park Theater Company 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 Theater Company 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 deficit of $97K, with expenses exceeding revenue.
Frequently Asked Questions about Asbury Park Theater Company
Is Asbury Park Theater Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Asbury Park Theater Company (EIN: 841878642) insufficient data. 0 red flags identified, 0 strengths noted.
How does Asbury Park Theater Company spend its money?
Detailed spending breakdown data is not yet available for Asbury Park Theater Company. Check back for updated IRS 990 analysis.
Are donations to Asbury Park Theater Company tax-deductible?
Asbury Park Theater Company is registered as a tax-exempt nonprofit (EIN: 841878642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asbury Park Theater Company located?
Asbury Park Theater Company is headquartered in Asbury Park, New Jersey and files with the IRS under EIN 841878642. It is classified under NTEE code A65.
How many years of IRS 990 filings does Asbury Park Theater Company have?
Asbury Park Theater Company has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $209K in total revenue.
Filing History
IRS 990 filing history for Asbury Park Theater Company showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Asbury Park Theater Company's revenue has declined by 57.5%, moving from $297K to $126K. Total assets decreased by 52.7% over the same period, from $184K to $87K. Total functional expenses rose by 52.6%, from $146K to $223K. In its most recent filing year (2023), Asbury Park Theater Company reported a deficit of $97K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $223K | $87K | $0 | — | — |
| 2022 | $297K | $146K | $184K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asbury Park Theater Company:
Data Sources and Methodology
This transparency report for Asbury Park Theater Company 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.