Atlantic Highlands Yacht Club

Atlantic Highlands Yacht Club maintains stable finances with volunteer leadership and fluctuating but manageable assets.

EIN: 210663283 · Atlantic Hlds, NJ · Updated: 2026-03-28

$726KRevenue

$195KAssets

75/100Mission Score (Good)

Is Atlantic Highlands Yacht Club Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Atlantic Highlands Yacht Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Atlantic Highlands Yacht Club

Atlantic Highlands Yacht Club (EIN: 210663283) is a nonprofit organization based in Atlantic Hlds, NJ. The organization reported total revenue of $726K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Highlands Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Atlantic Highlands Yacht Club demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For instance, in 2023, expenses slightly exceeded revenue ($585,344 vs. $550,401), a common occurrence for membership-based organizations. The organization's assets have fluctuated, ranging from a high of $258,453 in 2014 to a low of $159,882 in 2023, indicating some variability in its financial reserves. Liabilities have remained relatively low, suggesting a healthy balance sheet without significant debt burdens.

The club's financial health appears stable, operating close to break-even most years. The absence of reported officer compensation across all filings indicates that leadership is likely volunteer-based, which can be a positive sign for efficiency and dedication to the club's mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The NTEE code being 'Unknown' also limits the ability to benchmark against similar organizations.

Transparency is moderate. While the 990 filings are available, the lack of detailed expense categorization and an unknown NTEE code make it difficult for external observers to fully understand the allocation of resources. The consistent filing of 990s over many years does, however, demonstrate a commitment to regulatory compliance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Atlantic Highlands Yacht Club with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Atlantic Highlands Yacht Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is a strong positive for resource allocation.

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 Atlantic Highlands Yacht Club's IRS 990 filings:

NTEE code is unknown, hindering peer comparison and mission clarity.
Detailed expense breakdown (program vs. admin vs. fundraising) is not explicitly provided in the summary data, making efficiency analysis difficult.

Strengths

The following positive indicators were identified for Atlantic Highlands Yacht Club:

Consistent IRS 990 filing history (13 filings) demonstrates transparency and compliance.
0% officer compensation across all filings indicates volunteer leadership and efficient use of funds.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Generally stable financial operations, with revenues and expenses often in close balance.

Frequently Asked Questions about Atlantic Highlands Yacht Club

Is Atlantic Highlands Yacht Club a legitimate charity?

Based on AI analysis of IRS 990 filings, Atlantic Highlands Yacht Club (EIN: 210663283) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

How does Atlantic Highlands Yacht Club spend its money?

Atlantic Highlands Yacht Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Atlantic Highlands Yacht Club tax-deductible?

Atlantic Highlands Yacht Club is registered as a tax-exempt nonprofit (EIN: 210663283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Atlantic Highlands Yacht Club a good charity?

Based on the available IRS 990 data, the Atlantic Highlands Yacht Club appears to be a well-managed organization with stable finances and volunteer leadership. While it operates as a social club rather than a traditional charity, its financial practices suggest responsible stewardship of resources.

How does the club manage its expenses?

The club generally manages its expenses to be in line with its revenues, often operating near a break-even point. For example, in 2022, revenues were $491,745 and expenses were $483,009. There are occasional years where expenses slightly exceed revenue, such as in 2023 ($585,344 expenses vs. $550,401 revenue), but these fluctuations appear manageable.

What is the trend in the club's assets?

The club's assets have shown some fluctuation over the past decade, ranging from a high of $258,453 in 2014 to a low of $159,882 in 2023. This indicates variability in its financial reserves, but overall, assets remain substantial relative to its liabilities.

Filing History

IRS 990 filing history for Atlantic Highlands Yacht Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Atlantic Highlands Yacht Club's revenue has grown by 52.3%, moving from $361K to $550K. Total assets decreased by 30.6% over the same period, from $230K to $160K. Total functional expenses rose by 62.1%, from $361K to $585K. In its most recent filing year (2023), Atlantic Highlands Yacht Club reported a deficit of $35K, with expenses exceeding revenue. The organization holds $11K in liabilities against $160K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $149K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$550K	$585K	$160K	$11K	—	View 990
2022	$492K	$483K	$198K	$15K	—	—
2021	$293K	$366K	$185K	$17K	—	View 990
2020	$361K	$338K	$238K	$31K	—	View 990
2019	$410K	$431K	$188K	$4K	—	—
2018	$381K	$374K	$209K	$3K	—	View 990
2017	$440K	$422K	$209K	$10K	—	View 990
2016	$386K	$423K	$183K	$2K	—	View 990
2015	$360K	$393K	$224K	$5K	—	View 990
2014	$376K	$372K	$258K	$7K	—	View 990
2013	$400K	$370K	$250K	$6K	—	View 990
2012	$325K	$319K	$225K	$12K	—	View 990
2011	$361K	$361K	$230K	$24K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $550K, expenses of $585K, and assets of $160K (revenue +11.9% year-over-year).
2022: Revenue of $492K, expenses of $483K, and assets of $198K (revenue +67.9% year-over-year).
2021: Revenue of $293K, expenses of $366K, and assets of $185K (revenue -18.9% year-over-year).
2020: Revenue of $361K, expenses of $338K, and assets of $238K (revenue -11.8% year-over-year).
2019: Revenue of $410K, expenses of $431K, and assets of $188K (revenue +7.5% year-over-year).
2018: Revenue of $381K, expenses of $374K, and assets of $209K (revenue -13.4% year-over-year).
2017: Revenue of $440K, expenses of $422K, and assets of $209K (revenue +13.9% year-over-year).
2016: Revenue of $386K, expenses of $423K, and assets of $183K (revenue +7.2% year-over-year).
2015: Revenue of $360K, expenses of $393K, and assets of $224K (revenue -4.1% year-over-year).
2014: Revenue of $376K, expenses of $372K, and assets of $258K (revenue -6.1% year-over-year).
2013: Revenue of $400K, expenses of $370K, and assets of $250K (revenue +23.0% year-over-year).
2012: Revenue of $325K, expenses of $319K, and assets of $225K (revenue -10.0% year-over-year).
2011: Revenue of $361K, expenses of $361K, and assets of $230K.

Data Sources and Methodology

This transparency report for Atlantic Highlands Yacht Club 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.