Bay Head Shores Property Owners Association

Bay Head Shores Property Owners Association shows consistent revenue growth and asset accumulation with no executive compensation.

EIN: 210745469 · Pt Pleasant, NJ · Updated: 2026-03-28

$587KRevenue

$1.0MAssets

95/100Mission Score (Excellent)

About Bay Head Shores Property Owners Association

Bay Head Shores Property Owners Association (EIN: 210745469) is a nonprofit organization based in Pt Pleasant, NJ. The organization reported total revenue of $587K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bay Head Shores Property Owners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Bay Head Shores Property Owners Association demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $234,969 in 2014 to $408,099 in 2023, with a notable jump in the latest period. Assets have also shown a healthy upward trend, reaching $976,993 in 2023, indicating good financial management and accumulation of resources. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in all reported periods, contributing to its asset growth.

The organization's spending efficiency appears strong, with expenses consistently lower than revenue, allowing for asset accumulation. A key indicator of transparency and good governance is the reported 0% officer compensation across all filings, suggesting a volunteer-driven leadership structure. This significantly reduces administrative overhead and maximizes resources for the association's stated purpose. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to regulatory compliance and transparency.

While specific program spending details are not fully delineated in the provided summary, the overall financial health, consistent growth, and lack of executive compensation suggest a well-managed and fiscally responsible organization. The increasing asset base provides a solid foundation for future activities and maintenance of the property owners' interests.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bay Head Shores Property Owners Association with a Mission Score of 95 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Bay Head Shores Property Owners Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 highly commendable for a nonprofit of its size with assets approaching $1 million.

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.

Strengths

The following positive indicators were identified for Bay Head Shores Property Owners Association:

Consistent revenue growth, from $234,969 in 2014 to $408,099 in 2023.
Healthy asset accumulation, growing from $654,710 in 2014 to $976,993 in 2023.
0% officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
Consistent operating surplus, with revenues exceeding expenses in all reported periods.
Regular IRS 990 filings over 13 periods, demonstrating commitment to transparency and compliance.

Frequently Asked Questions about Bay Head Shores Property Owners Association

Is Bay Head Shores Property Owners Association financially stable?

Yes, the organization demonstrates strong financial stability with consistent revenue growth from $234,969 in 2014 to $408,099 in 2023, and a healthy increase in assets from $654,710 to $976,993 over the same period.

Does Bay Head Shores Property Owners Association pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation, indicating a volunteer-led organization.

How has the organization's revenue changed over time?

Revenue has shown a consistent upward trend, increasing from $234,969 in 2014 to $408,099 in 2023, with the latest reported revenue at $587,470, indicating strong financial growth.

Filing History

IRS 990 filing history for Bay Head Shores Property Owners Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Bay Head Shores Property Owners Association's revenue has grown by 62.7%, moving from $251K to $408K. Total assets increased by 139.4% over the same period, from $408K to $977K. Total functional expenses rose by 42.7%, from $221K to $315K. In its most recent filing year (2023), Bay Head Shores Property Owners Association reported a surplus of $93K, with revenue exceeding expenses. The organization holds $186K in liabilities against $977K in assets (debt-to-asset ratio: 19.1%), resulting in net assets of $791K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$408K	$315K	$977K	$186K	—	—
2022	$338K	$303K	$900K	$203K	—	View 990
2021	$250K	$221K	$879K	$218K	—	View 990
2020	$202K	$182K	$862K	$230K	—	—
2019	$268K	$218K	$683K	$61K	—	View 990
2018	$269K	$215K	$800K	$67K	—	View 990
2017	$244K	$187K	$757K	$65K	—	View 990
2016	$282K	$239K	$705K	$77K	—	View 990
2015	$258K	$205K	$684K	$96K	—	View 990
2014	$235K	$181K	$655K	$120K	—	View 990
2013	$365K	$263K	$609K	$128K	—	View 990
2012	$287K	$196K	$521K	$132K	—	View 990
2011	$251K	$221K	$408K	$110K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $408K, expenses of $315K, and assets of $977K (revenue +20.8% year-over-year).
2022: Revenue of $338K, expenses of $303K, and assets of $900K (revenue +35.1% year-over-year).
2021: Revenue of $250K, expenses of $221K, and assets of $879K (revenue +23.6% year-over-year).
2020: Revenue of $202K, expenses of $182K, and assets of $862K (revenue -24.6% year-over-year).
2019: Revenue of $268K, expenses of $218K, and assets of $683K (revenue -0.3% year-over-year).
2018: Revenue of $269K, expenses of $215K, and assets of $800K (revenue +10.4% year-over-year).
2017: Revenue of $244K, expenses of $187K, and assets of $757K (revenue -13.7% year-over-year).
2016: Revenue of $282K, expenses of $239K, and assets of $705K (revenue +9.5% year-over-year).
2015: Revenue of $258K, expenses of $205K, and assets of $684K (revenue +9.8% year-over-year).
2014: Revenue of $235K, expenses of $181K, and assets of $655K (revenue -35.7% year-over-year).
2013: Revenue of $365K, expenses of $263K, and assets of $609K (revenue +27.4% year-over-year).
2012: Revenue of $287K, expenses of $196K, and assets of $521K (revenue +14.4% year-over-year).
2011: Revenue of $251K, expenses of $221K, and assets of $408K.

Data Sources and Methodology

This transparency report for Bay Head Shores Property Owners 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.