Bay Head Improvement Association
Bay Head Improvement Association consistently operates with a surplus and zero officer compensation.
EIN: 210403202 · Bay Head, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $869K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $900,000 |
| Net Assets | $725K |
| Transparency Score | 92/100 |
Is Bay Head Improvement Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bay Head Improvement Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bay Head Improvement Association
Bay Head Improvement Association (EIN: 210403202) is a nonprofit organization based in Bay Head, NJ. The organization reported total revenue of $1.1M and total assets of $680K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bay Head Improvement Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bay Head Improvement Association is a mid-size nonprofit that has been operating for 68 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $928K |
| Total Expenses | $869K |
| Surplus / Deficit | +$59K |
| Total Assets | $732K |
| Total Liabilities | $7K |
| Net Assets | $725K |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2022, Bay Head Improvement Association reported a surplus of $59K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Bay Head Improvement Association's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -10.3% | -2.2% | +0.7% |
| 2021 | +23.5% | +20.0% | +25.6% |
| 2020 | +22.4% | +16.9% | +25.0% |
| 2019 | +3.5% | +9.2% | +15.9% |
| 2018 | +4.0% | -2.5% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
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 Bay Head Improvement Association with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Bay Head Improvement Association allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with revenues exceeding $900,000 annually and suggests a 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 Bay Head Improvement Association's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Bay Head Improvement Association:
- Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $928,335 revenue vs. $869,062 expenses in 2022).
- Zero officer compensation reported across all filings, indicating highly efficient use of funds.
- Steady growth in assets, from $415,209 in 2013 to $732,108 in 2022, strengthening its financial stability.
- Low liabilities, consistently under $10,000 in recent years, demonstrating sound financial management.
- Strong program focus implied by the absence of executive salaries, suggesting a high percentage of funds go directly to mission-related activities.
Frequently Asked Questions about Bay Head Improvement Association
Is Bay Head Improvement Association a legitimate charity?
Bay Head Improvement Association (EIN: 210403202) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Bay Head Improvement Association spend its money?
Bay Head Improvement Association directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Bay Head Improvement Association tax-deductible?
Bay Head Improvement Association is registered as a tax-exempt nonprofit (EIN: 210403202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bay Head Improvement Association CEO make?
Bay Head Improvement Association's highest-compensated officer earns $900,000 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bay Head Improvement Association's spending goes to programs?
Bay Head Improvement Association directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bay Head Improvement Association located?
Bay Head Improvement Association is headquartered in Bay Head, New Jersey and files with the IRS under EIN 210403202.
How many years of IRS 990 filings does Bay Head Improvement Association have?
Bay Head Improvement Association has 12 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 $1.1M in total revenue.
Is Bay Head Improvement Association a good charity?
Based on the financial data, the Bay Head Improvement Association appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, indicating efficient use of funds and a strong commitment to its mission.
How does the organization manage to have 0% officer compensation?
The 0% officer compensation suggests that the organization's leadership, including its officers, are likely volunteers. This is a significant factor in its financial efficiency, as it reduces overhead costs substantially.
What is the trend in the organization's revenue and expenses?
The organization has shown a strong upward trend in both revenue and expenses over the past decade. Revenue grew from $466,652 in 2013 to $928,335 in 2022, while expenses increased from $496,871 to $869,062 in the same period. This indicates growth in its operations and activities.
Filing History
IRS 990 filing history for Bay Head Improvement Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Bay Head Improvement Association's revenue has grown by 67%, moving from $556K to $928K. Total assets increased by 90.8% over the same period, from $384K to $732K. Total functional expenses rose by 63%, from $533K to $869K. In its most recent filing year (2022), Bay Head Improvement Association reported a surplus of $59K, with revenue exceeding expenses. The organization holds $7K in liabilities against $732K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $725K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $928K | $869K | $732K | $7K | — | View 990 |
| 2021 | $1.0M | $889K | $727K | $4K | — | View 990 |
| 2020 | $838K | $741K | $579K | $1K | — | — |
| 2019 | $685K | $634K | $463K | $0 | — | View 990 |
| 2018 | $661K | $580K | $399K | $4K | — | View 990 |
| 2017 | $636K | $595K | $372K | $21K | — | View 990 |
| 2016 | $595K | $638K | $370K | $37K | — | View 990 |
| 2015 | $595K | $546K | $396K | $0 | — | View 990 |
| 2014 | $566K | $551K | $431K | $3K | — | View 990 |
| 2013 | $467K | $497K | $415K | $3K | — | View 990 |
| 2012 | $560K | $500K | $443K | $7 | — | View 990 |
| 2011 | $556K | $533K | $384K | $202 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $928K, expenses of $869K, and assets of $732K (revenue -10.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $889K, and assets of $727K (revenue +23.5% year-over-year).
- 2020: Revenue of $838K, expenses of $741K, and assets of $579K (revenue +22.4% year-over-year).
- 2019: Revenue of $685K, expenses of $634K, and assets of $463K (revenue +3.5% year-over-year).
- 2018: Revenue of $661K, expenses of $580K, and assets of $399K (revenue +4.0% year-over-year).
- 2017: Revenue of $636K, expenses of $595K, and assets of $372K (revenue +6.9% year-over-year).
- 2016: Revenue of $595K, expenses of $638K, and assets of $370K (revenue -0.1% year-over-year).
- 2015: Revenue of $595K, expenses of $546K, and assets of $396K (revenue +5.3% year-over-year).
- 2014: Revenue of $566K, expenses of $551K, and assets of $431K (revenue +21.2% year-over-year).
- 2013: Revenue of $467K, expenses of $497K, and assets of $415K (revenue -16.7% year-over-year).
- 2012: Revenue of $560K, expenses of $500K, and assets of $443K (revenue +0.7% year-over-year).
- 2011: Revenue of $556K, expenses of $533K, and assets of $384K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bay Head Improvement Association:
Data Sources and Methodology
This transparency report for Bay Head Improvement Association 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.