Barnegat Soccer Club
Barnegat Soccer Club: Strong Program Spending, Limited Transparency
EIN: 222577210 · Barnegat, NJ · NTEE: N60 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $163K |
| Program Spending | 90% |
| Net Assets | $100K |
| Transparency Score | 75/100 |
Is Barnegat Soccer Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barnegat Soccer Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barnegat Soccer Club
Barnegat Soccer Club (EIN: 222577210) is a nonprofit organization based in Barnegat, NJ, classified under NTEE code N60. The organization reported total revenue of $164K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barnegat Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barnegat Soccer Club is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $163K |
| Surplus / Deficit | +$1K |
| Total Assets | $100K |
| Net Assets | $100K |
| Operating Margin | 0.7% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Barnegat Soccer Club reported a surplus of $1K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Barnegat Soccer Club's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.7% | +50.8% | +1.2% |
| 2022 | +51.5% | +46.1% | +68.7% |
| 2021 | +302.2% | +189.9% | +68.8% |
| 2020 | -73.1% | -51.8% | -23.8% |
| 2019 | +62.0% | -4.3% | +475.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Soccer 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Barnegat Soccer Club allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $1K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not separately disclosed in the provided filings, making a specific assessment difficult beyond total expenses.
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 Soccer Club's IRS 990 filings:
- Lack of detailed program outcome reporting.
- Limited public information on how funds are specifically allocated within programs.
- No explicit disclosure of individual executive compensation.
Strengths
The following positive indicators were identified for Barnegat Soccer Club:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023).
- Healthy asset growth over recent years (e.g., assets grew from $34,703 in 2020 to $100,002 in 2023).
- Positive net income in most recent years, indicating financial stability.
Frequently Asked Questions about Barnegat Soccer Club
Is Barnegat Soccer Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Barnegat Soccer Club (EIN: 222577210) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Barnegat Soccer Club spend its money?
Barnegat Soccer Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Barnegat Soccer Club tax-deductible?
Barnegat Soccer Club is registered as a tax-exempt nonprofit (EIN: 222577210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Barnegat Soccer Club's spending goes to programs?
Barnegat Soccer Club directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Barnegat Soccer Club compare to similar nonprofits?
With a transparency score of 75/100 (Good), Barnegat Soccer Club is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Barnegat Soccer Club located?
Barnegat Soccer Club is headquartered in Barnegat, New Jersey and files with the IRS under EIN 222577210. It is classified under NTEE code N60.
How many years of IRS 990 filings does Barnegat Soccer Club have?
Barnegat Soccer Club 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 $164K in total revenue.
What does Barnegat Soccer Club do?
Barnegat Soccer Club is a nonprofit organization in the Recreation & Sports sector, located in Barnegat, New Jersey. It is classified under NTEE code N60.
How much revenue does Barnegat Soccer Club have?
Barnegat Soccer Club reported total revenue of $163,576. Based on 13 IRS 990 filings on record.
What are Barnegat Soccer Club's total assets?
Barnegat Soccer Club holds total assets of $56,585 as reported in IRS 990 filings.
Where is Barnegat Soccer Club located?
Barnegat Soccer Club is based in Barnegat, New Jersey.
What is Barnegat Soccer Club's EIN?
Barnegat Soccer Club's Employer Identification Number (EIN) is 222577210. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Barnegat Soccer Club?
Barnegat Soccer Club is classified under NTEE code N60 (Recreation & Sports).
Is Barnegat Soccer Club a registered 501(c)(3)?
Yes, Barnegat Soccer Club is recognized as a tax-exempt organization by the IRS. EIN: 222577210.
Does Barnegat Soccer Club file IRS Form 990?
Yes, Barnegat Soccer Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Barnegat Soccer Club's revenue in 2023?
In the 202312 filing period, Barnegat Soccer Club reported total revenue of $164,043, total expenses of $162,888, and net assets of $100,002.
Is Barnegat Soccer Club's revenue growing or declining?
Barnegat Soccer Club's revenue is growing. Revenue went from $148,253 (202212) to $164,043 (202312), a +10.7% change. Based on 13 filings on record.
What is Barnegat Soccer Club's most recent 990 filing?
The most recent IRS Form 990 filing for Barnegat Soccer Club covers tax period 202312. It shows revenue of $164,043, expenses of $162,888, total assets of $100,002, and liabilities of N/A.
How much does Barnegat Soccer Club spend on programs vs administration?
Based on IRS 990 analysis, Barnegat Soccer Club allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Barnegat Soccer Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Barnegat Soccer Club appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Barnegat Soccer Club?
The following concerns were identified: Lack of detailed program outcome reporting.. Limited public information on how funds are specifically allocated within programs.. No explicit disclosure of individual executive compensation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Barnegat Soccer Club's strengths?
Positive indicators for Barnegat Soccer Club include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023).. Healthy asset growth over recent years (e.g., assets grew from $34,703 in 2020 to $100,002 in 2023).. Positive net income in most recent years, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Barnegat Soccer Club compensate executives?
Executive compensation is not separately disclosed in the provided filings, making a specific assessment difficult beyond total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the high program spending, what specific initiatives or activities constitute the bulk of the 'programs' expense?
While the filings show a high percentage of expenses going to 'programs,' the specific breakdown of these activities (e.g., field rentals, coaching salaries, equipment costs) is not detailed in the provided data.
How does the organization ensure that its program spending directly benefits the community, and what metrics are used to measure this impact?
The provided data does not include information on impact metrics or how the organization tracks the direct benefits of its program spending to the community.
Filing History
IRS 990 filing history for Barnegat Soccer Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Barnegat Soccer Club's revenue has grown by 367.2%, moving from $35K to $164K. Total assets increased by 1243.2% over the same period, from $7K to $100K. Total functional expenses rose by 269.5%, from $44K to $163K. In its most recent filing year (2023), Barnegat Soccer Club reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $163K | $100K | $0 | — | View 990 |
| 2022 | $148K | $108K | $99K | $0 | — | View 990 |
| 2021 | $98K | $74K | $59K | $0 | — | — |
| 2020 | $24K | $26K | $35K | $0 | — | View 990 |
| 2019 | $91K | $53K | $46K | $0 | — | View 990 |
| 2018 | $56K | $55K | $8K | $0 | — | View 990 |
| 2017 | $40K | $61K | $7K | $0 | — | View 990 |
| 2016 | $54K | $52K | $28K | $0 | — | View 990 |
| 2015 | $49K | $39K | $26K | $0 | — | View 990 |
| 2014 | $65K | $62K | $15K | $0 | — | View 990 |
| 2013 | $52K | $50K | $12K | $0 | — | View 990 |
| 2012 | $43K | $40K | $10K | $0 | — | View 990 |
| 2011 | $35K | $44K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $163K, and assets of $100K (revenue +10.7% year-over-year).
- 2022: Revenue of $148K, expenses of $108K, and assets of $99K (revenue +51.5% year-over-year).
- 2021: Revenue of $98K, expenses of $74K, and assets of $59K (revenue +302.2% year-over-year).
- 2020: Revenue of $24K, expenses of $26K, and assets of $35K (revenue -73.1% year-over-year).
- 2019: Revenue of $91K, expenses of $53K, and assets of $46K (revenue +62.0% year-over-year).
- 2018: Revenue of $56K, expenses of $55K, and assets of $8K (revenue +40.1% year-over-year).
- 2017: Revenue of $40K, expenses of $61K, and assets of $7K (revenue -26.3% year-over-year).
- 2016: Revenue of $54K, expenses of $52K, and assets of $28K (revenue +10.6% year-over-year).
- 2015: Revenue of $49K, expenses of $39K, and assets of $26K (revenue -24.6% year-over-year).
- 2014: Revenue of $65K, expenses of $62K, and assets of $15K (revenue +25.9% year-over-year).
- 2013: Revenue of $52K, expenses of $50K, and assets of $12K (revenue +20.6% year-over-year).
- 2012: Revenue of $43K, expenses of $40K, and assets of $10K (revenue +21.8% year-over-year).
- 2011: Revenue of $35K, expenses of $44K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barnegat Soccer Club:
Data Sources and Methodology
This transparency report for Barnegat Soccer 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.