Bay Head Yacht Club
Bay Head Yacht Club shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 210403203 · Bay Head, NJ · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.7M |
| Total Expenses | $10.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $10.3M |
| Transparency Score | 75/100 |
Is Bay Head Yacht Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bay Head Yacht Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bay Head Yacht Club
Bay Head Yacht Club (EIN: 210403203) is a nonprofit organization based in Bay Head, NJ, classified under NTEE code N50. The organization reported total revenue of $13.7M and total assets of $23.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bay Head Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bay Head Yacht Club is a large nonprofit that has been operating for 79 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.5M |
| Total Expenses | $10.2M |
| Surplus / Deficit | +$310K |
| Total Assets | $26.5M |
| Total Liabilities | $16.1M |
| Net Assets | $10.3M |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 61.0% |
| Months of Reserves | 31.1 months |
Financial Health Grade: A
In 2023, Bay Head Yacht Club reported a surplus of $310K with revenue exceeding expenses, holds 31.1 months of operating reserves (strong position), has a debt-to-asset ratio of 61.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Bay Head Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | +9.7% | +13.8% |
| 2022 | +18.8% | +29.3% | +22.6% |
| 2021 | +21.4% | +24.0% | -2.0% |
| 2020 | -16.8% | -16.4% | +0.7% |
| 2019 | +8.3% | +6.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
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 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, Bay Head 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $310K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with over $10 million in annual revenue.
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 Yacht Club's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistently reported 0% officer compensation for an organization of this size, which may obscure actual leadership costs if compensated through other means.
Strengths
The following positive indicators were identified for Bay Head Yacht Club:
- Consistent revenue growth, from $4.6M in 2013 to $10.5M in 2023
- Strong asset accumulation, reaching $26.4M in 2023
- Consistent operating surplus, indicating financial stability
- No reported officer compensation, suggesting efficient use of funds at the executive level
Frequently Asked Questions about Bay Head Yacht Club
Is Bay Head Yacht Club a legitimate charity?
Bay Head Yacht Club (EIN: 210403203) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $13.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Bay Head Yacht Club spend its money?
Bay Head Yacht Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bay Head Yacht Club tax-deductible?
Bay Head Yacht Club is registered as a tax-exempt nonprofit (EIN: 210403203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bay Head Yacht Club CEO make?
Bay Head Yacht Club's highest-compensated officer earns $10 annually. The organization reported $13.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bay Head Yacht Club's spending goes to programs?
Bay Head Yacht Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bay Head Yacht Club compare to similar nonprofits?
With a transparency score of 75/100 (Good), Bay Head Yacht Club is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bay Head Yacht Club located?
Bay Head Yacht Club is headquartered in Bay Head, New Jersey and files with the IRS under EIN 210403203. It is classified under NTEE code N50.
How many years of IRS 990 filings does Bay Head Yacht Club have?
Bay Head Yacht Club 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 $13.7M in total revenue.
What are the specific program activities funded by Bay Head Yacht Club?
Based on the NTEE code N50, the organization likely focuses on recreational, sports, leisure, and athletic activities for its members. However, the filings do not provide detailed descriptions of specific programs.
How does Bay Head Yacht Club manage its significant liabilities, which reached $16,144,254 in 2023?
While liabilities have grown, they are consistently less than assets, indicating solvency. The specific nature of these liabilities (e.g., mortgages, deferred revenue) is not detailed in the summary data provided.
Given the 0% officer compensation, how are key leadership roles compensated or structured?
The filings consistently report 0% officer compensation, suggesting a volunteer-driven executive structure or that compensation is categorized differently, which warrants further investigation into their governance and compensation policies.
Filing History
IRS 990 filing history for Bay Head Yacht Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Bay Head Yacht Club's revenue has grown by 158.9%, moving from $4.1M to $10.5M. Total assets increased by 161.4% over the same period, from $10.1M to $26.5M. Total functional expenses rose by 175.9%, from $3.7M to $10.2M. In its most recent filing year (2023), Bay Head Yacht Club reported a surplus of $310K, with revenue exceeding expenses. The organization holds $16.1M in liabilities against $26.5M in assets (debt-to-asset ratio: 61.0%), resulting in net assets of $10.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.5M | $10.2M | $26.5M | $16.1M | — | — |
| 2022 | $9.2M | $9.3M | $23.2M | $13.2M | — | View 990 |
| 2021 | $7.7M | $7.2M | $19.0M | $8.8M | — | View 990 |
| 2020 | $6.4M | $5.8M | $19.4M | $9.7M | — | View 990 |
| 2019 | $7.6M | $7.0M | $19.2M | $10.1M | — | View 990 |
| 2018 | $7.1M | $6.6M | $19.2M | $10.8M | — | View 990 |
| 2016 | $6.4M | $5.8M | $19.3M | $12.1M | — | View 990 |
| 2015 | $5.9M | $5.3M | $19.3M | $12.7M | — | View 990 |
| 2014 | $4.6M | $4.0M | $20.2M | $14.3M | — | View 990 |
| 2013 | $4.6M | $3.9M | $12.9M | $7.6M | — | View 990 |
| 2012 | $4.3M | $6.1M | $8.5M | $3.9M | — | View 990 |
| 2011 | $4.1M | $3.7M | $10.1M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.5M, expenses of $10.2M, and assets of $26.5M (revenue +14.8% year-over-year).
- 2022: Revenue of $9.2M, expenses of $9.3M, and assets of $23.2M (revenue +18.8% year-over-year).
- 2021: Revenue of $7.7M, expenses of $7.2M, and assets of $19.0M (revenue +21.4% year-over-year).
- 2020: Revenue of $6.4M, expenses of $5.8M, and assets of $19.4M (revenue -16.8% year-over-year).
- 2019: Revenue of $7.6M, expenses of $7.0M, and assets of $19.2M (revenue +8.3% year-over-year).
- 2018: Revenue of $7.1M, expenses of $6.6M, and assets of $19.2M (revenue +10.1% year-over-year).
- 2016: Revenue of $6.4M, expenses of $5.8M, and assets of $19.3M (revenue +8.2% year-over-year).
- 2015: Revenue of $5.9M, expenses of $5.3M, and assets of $19.3M (revenue +28.1% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.0M, and assets of $20.2M (revenue +0.3% year-over-year).
- 2013: Revenue of $4.6M, expenses of $3.9M, and assets of $12.9M (revenue +6.5% year-over-year).
- 2012: Revenue of $4.3M, expenses of $6.1M, and assets of $8.5M (revenue +6.5% year-over-year).
- 2011: Revenue of $4.1M, expenses of $3.7M, and assets of $10.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bay Head Yacht Club:
Data Sources and Methodology
This transparency report for Bay Head 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.