Barnegat Bay Decoy & Baymens Museum
Barnegat Bay Decoy & Baymens Museum: Preserving Heritage with Financial Prudence
EIN: 223063346 · Tuckerton, NJ · NTEE: A500 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $816K |
| Total Expenses | $899K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Barnegat Bay Decoy & Baymens Museum Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barnegat Bay Decoy & Baymens Museum directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barnegat Bay Decoy & Baymens Museum
Barnegat Bay Decoy & Baymens Museum (EIN: 223063346) is a nonprofit organization based in Tuckerton, NJ, classified under NTEE code A500. The organization reported total revenue of $816K and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barnegat Bay Decoy & Baymens Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barnegat Bay Decoy & Baymens Museum is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $914K |
| Total Expenses | $899K |
| Surplus / Deficit | +$15K |
| Total Assets | $4.6M |
| Total Liabilities | $2.7M |
| Net Assets | $1.9M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 58.8% |
| Months of Reserves | 60.8 months |
Financial Health Grade: A
In 2023, Barnegat Bay Decoy & Baymens Museum reported a surplus of $15K with revenue exceeding expenses, holds 60.8 months of operating reserves (strong position), has a debt-to-asset ratio of 58.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Barnegat Bay Decoy & Baymens Museum's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.0% | +5.0% | -5.3% |
| 2022 | -7.8% | +46.6% | -6.7% |
| 2021 | +44.3% | +0.2% | -0.4% |
| 2020 | -26.2% | -21.6% | -4.5% |
| 2019 | +17.7% | +9.4% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Barnegat Bay Decoy & Baymens Museum 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: 75%
- fundraising: 10%
According to IRS 990 filings, Barnegat Bay Decoy & Baymens Museum allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.8%.
Executive Compensation Analysis
The museum reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, suggesting a fully volunteer-driven leadership model.
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 Barnegat Bay Decoy & Baymens Museum's IRS 990 filings:
- Total assets have shown a consistent decline from $5,969,802 in 2016 to $4,554,939 in 2023, warranting further investigation into the cause of this trend.
Strengths
The following positive indicators were identified for Barnegat Bay Decoy & Baymens Museum:
- Consistently low administrative and fundraising expenses, indicating efficient use of resources.
- Strong community engagement and volunteer support, as evidenced by the $0 executive compensation.
- Maintained a healthy asset base relative to liabilities, with liabilities remaining relatively stable over the years.
- Consistent revenue generation, demonstrating ongoing support for its mission.
Frequently Asked Questions about Barnegat Bay Decoy & Baymens Museum
Is Barnegat Bay Decoy & Baymens Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Barnegat Bay Decoy & Baymens Museum (EIN: 223063346) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Barnegat Bay Decoy & Baymens Museum spend its money?
Barnegat Bay Decoy & Baymens Museum directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Barnegat Bay Decoy & Baymens Museum tax-deductible?
Barnegat Bay Decoy & Baymens Museum is registered as a tax-exempt nonprofit (EIN: 223063346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Barnegat Bay Decoy & Baymens Museum CEO make?
Barnegat Bay Decoy & Baymens Museum's highest-compensated officer earns $0 annually. The organization reported $816K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Barnegat Bay Decoy & Baymens Museum's spending goes to programs?
Barnegat Bay Decoy & Baymens Museum directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Barnegat Bay Decoy & Baymens Museum compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Barnegat Bay Decoy & Baymens Museum is above average for NTEE category A500 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Barnegat Bay Decoy & Baymens Museum located?
Barnegat Bay Decoy & Baymens Museum is headquartered in Tuckerton, New Jersey and files with the IRS under EIN 223063346. It is classified under NTEE code A500.
How many years of IRS 990 filings does Barnegat Bay Decoy & Baymens Museum have?
Barnegat Bay Decoy & Baymens Museum 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 $816K in total revenue.
What does Barnegat Bay Decoy & Baymens Museum do?
Barnegat Bay Decoy & Baymens Museum is a nonprofit organization in the Arts, Culture & Humanities sector, located in Tuckerton, New Jersey. It is classified under NTEE code A500.
How much revenue does Barnegat Bay Decoy & Baymens Museum have?
Barnegat Bay Decoy & Baymens Museum reported total revenue of $816,458. Based on 13 IRS 990 filings on record.
What are Barnegat Bay Decoy & Baymens Museum's total assets?
Barnegat Bay Decoy & Baymens Museum holds total assets of $4,260,945 as reported in IRS 990 filings.
Where is Barnegat Bay Decoy & Baymens Museum located?
Barnegat Bay Decoy & Baymens Museum is based in Tuckerton, New Jersey.
What is Barnegat Bay Decoy & Baymens Museum's EIN?
Barnegat Bay Decoy & Baymens Museum's Employer Identification Number (EIN) is 223063346. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Barnegat Bay Decoy & Baymens Museum?
Barnegat Bay Decoy & Baymens Museum is classified under NTEE code A500 (Arts, Culture & Humanities).
Is Barnegat Bay Decoy & Baymens Museum a registered 501(c)(3)?
Yes, Barnegat Bay Decoy & Baymens Museum is recognized as a tax-exempt organization by the IRS. EIN: 223063346.
Does Barnegat Bay Decoy & Baymens Museum file IRS Form 990?
Yes, Barnegat Bay Decoy & Baymens Museum has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Barnegat Bay Decoy & Baymens Museum's revenue in 2023?
In the 202312 filing period, Barnegat Bay Decoy & Baymens Museum reported total revenue of $914,107, total expenses of $899,398, and net assets of $4,554,939.
Is Barnegat Bay Decoy & Baymens Museum's revenue growing or declining?
Barnegat Bay Decoy & Baymens Museum's revenue is growing. Revenue went from $749,415 (202212) to $914,107 (202312), a +22.0% change. Based on 13 filings on record.
What is Barnegat Bay Decoy & Baymens Museum's most recent 990 filing?
The most recent IRS Form 990 filing for Barnegat Bay Decoy & Baymens Museum covers tax period 202312. It shows revenue of $914,107, expenses of $899,398, total assets of $4,554,939, and liabilities of $2,677,194.
How much does Barnegat Bay Decoy & Baymens Museum spend on programs vs administration?
Based on IRS 990 analysis, Barnegat Bay Decoy & Baymens Museum allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Barnegat Bay Decoy & Baymens Museum a trustworthy charity?
Based on AI analysis of IRS 990 data, Barnegat Bay Decoy & Baymens Museum appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 4 strengths noted.
What are the red flags for Barnegat Bay Decoy & Baymens Museum?
The following concerns were identified: Total assets have shown a consistent decline from $5,969,802 in 2016 to $4,554,939 in 2023, warranting further investigation into the cause of this trend.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Barnegat Bay Decoy & Baymens Museum's strengths?
Positive indicators for Barnegat Bay Decoy & Baymens Museum include: Consistently low administrative and fundraising expenses, indicating efficient use of resources.. Strong community engagement and volunteer support, as evidenced by the $0 executive compensation.. Maintained a healthy asset base relative to liabilities, with liabilities remaining relatively stable over the years.. Consistent revenue generation, demonstrating ongoing support for its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Barnegat Bay Decoy & Baymens Museum compensate executives?
The museum reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, suggesting a fully volunteer-driven leadership model. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Barnegat Bay Decoy & Baymens Museum?
- Financial statements are consistently available on public platforms, showing a clear trend over several years. - The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, indicating a volunteer-led executive structure. - Detailed breakdowns of program service accomplishments are provided in their Form 990 filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent decline in total assets, what specific strategies are being implemented to reverse this trend and ensure long-term financial stability?
While the filings show a decline in assets, the museum's consistent revenue and low overhead suggest operational efficiency. Further inquiry into investment strategies or specific asset depreciation would be needed to fully understand the asset trend.
How does the museum sustain its operations and achieve its mission effectively with $0 reported executive compensation?
The $0 executive compensation indicates a strong reliance on volunteer leadership and staff, which can significantly reduce overhead. This model is sustainable if there's a robust volunteer base and clear delegation of responsibilities.
Filing History
IRS 990 filing history for Barnegat Bay Decoy & Baymens Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Barnegat Bay Decoy & Baymens Museum's revenue has grown by 32.4%, moving from $690K to $914K. Total assets decreased by 26.5% over the same period, from $6.2M to $4.6M. Total functional expenses fell by 7.6%, from $974K to $899K. In its most recent filing year (2023), Barnegat Bay Decoy & Baymens Museum reported a surplus of $15K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $4.6M in assets (debt-to-asset ratio: 58.8%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $914K | $899K | $4.6M | $2.7M | — | — |
| 2022 | $749K | $857K | $4.8M | $2.7M | — | View 990 |
| 2021 | $813K | $584K | $5.2M | $2.6M | — | View 990 |
| 2020 | $563K | $583K | $5.2M | $2.7M | — | — |
| 2019 | $763K | $743K | $5.4M | $2.7M | — | View 990 |
| 2018 | $648K | $679K | $5.6M | $2.7M | — | View 990 |
| 2017 | $702K | $613K | $5.5M | $2.5M | — | — |
| 2016 | $921K | $780K | $6.0M | $2.9M | — | View 990 |
| 2015 | $763K | $713K | $5.6M | $2.7M | — | View 990 |
| 2014 | $716K | $788K | $5.6M | $2.6M | — | View 990 |
| 2013 | $795K | $987K | $5.8M | $2.6M | — | View 990 |
| 2012 | $833K | $1.0M | $6.0M | $2.7M | — | View 990 |
| 2011 | $690K | $974K | $6.2M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $914K, expenses of $899K, and assets of $4.6M (revenue +22.0% year-over-year).
- 2022: Revenue of $749K, expenses of $857K, and assets of $4.8M (revenue -7.8% year-over-year).
- 2021: Revenue of $813K, expenses of $584K, and assets of $5.2M (revenue +44.3% year-over-year).
- 2020: Revenue of $563K, expenses of $583K, and assets of $5.2M (revenue -26.2% year-over-year).
- 2019: Revenue of $763K, expenses of $743K, and assets of $5.4M (revenue +17.7% year-over-year).
- 2018: Revenue of $648K, expenses of $679K, and assets of $5.6M (revenue -7.7% year-over-year).
- 2017: Revenue of $702K, expenses of $613K, and assets of $5.5M (revenue -23.8% year-over-year).
- 2016: Revenue of $921K, expenses of $780K, and assets of $6.0M (revenue +20.7% year-over-year).
- 2015: Revenue of $763K, expenses of $713K, and assets of $5.6M (revenue +6.6% year-over-year).
- 2014: Revenue of $716K, expenses of $788K, and assets of $5.6M (revenue -10.0% year-over-year).
- 2013: Revenue of $795K, expenses of $987K, and assets of $5.8M (revenue -4.5% year-over-year).
- 2012: Revenue of $833K, expenses of $1.0M, and assets of $6.0M (revenue +20.6% year-over-year).
- 2011: Revenue of $690K, expenses of $974K, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barnegat Bay Decoy & Baymens Museum:
Data Sources and Methodology
This transparency report for Barnegat Bay Decoy & Baymens Museum 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.