Bayshore Center At Bivalve Inc
Bayshore Center at Bivalve: Sustaining Maritime Heritage with Financial Prudence
EIN: 223019683 · Port Norris, NJ · NTEE: A500 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $997K |
| Program Spending | 75% |
| Net Assets | $4.2M |
| Transparency Score | 85/100 |
Is Bayshore Center At Bivalve Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bayshore Center At Bivalve Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bayshore Center At Bivalve Inc
Bayshore Center At Bivalve Inc (EIN: 223019683) is a nonprofit organization based in Port Norris, NJ, classified under NTEE code A500. The organization reported total revenue of $1.1M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bayshore Center At Bivalve Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bayshore Center At Bivalve Inc is a mid-size nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $809K |
| Total Expenses | $997K |
| Surplus / Deficit | $-188,084 |
| Total Assets | $5.0M |
| Total Liabilities | $781K |
| Net Assets | $4.2M |
| Operating Margin | -23.3% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 60.0 months |
Financial Health Grade: B
In 2023, Bayshore Center At Bivalve Inc reported a deficit of $188K with expenses exceeding revenue, holds 60.0 months of operating reserves (strong position), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Bayshore Center At Bivalve Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.4% | +20.2% | -4.7% |
| 2022 | +17.0% | -32.8% | +7.0% |
| 2021 | +24.7% | +19.6% | +5.0% |
| 2020 | +1.1% | -12.0% | +2.4% |
| 2019 | +10.8% | -9.4% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
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 Bayshore Center At Bivalve Inc 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, Bayshore Center At Bivalve Inc 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 deficit of $188K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.7%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and mission, with no specific figures from the provided data indicating excessive pay.
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 Bayshore Center At Bivalve Inc's IRS 990 filings:
- Total expenses have exceeded revenue in several recent years (e.g., 2023: revenue $808,500, expenses $996,584; 2021: revenue $1,104,355, expenses $1,234,213), indicating a reliance on reserves or other funding sources to cover operational costs.
Strengths
The following positive indicators were identified for Bayshore Center At Bivalve Inc:
- Consistent revenue generation over multiple years, demonstrating a stable funding base.
- Significant asset base ($4,960,562 in 2023) provides financial stability and capacity for future initiatives.
- The organization maintains a low percentage of liabilities relative to assets, indicating good financial health.
Frequently Asked Questions about Bayshore Center At Bivalve Inc
Is Bayshore Center At Bivalve Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bayshore Center At Bivalve Inc (EIN: 223019683) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Bayshore Center At Bivalve Inc spend its money?
Bayshore Center At Bivalve Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bayshore Center At Bivalve Inc tax-deductible?
Bayshore Center At Bivalve Inc is registered as a tax-exempt nonprofit (EIN: 223019683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bayshore Center At Bivalve Inc's spending goes to programs?
Bayshore Center At Bivalve Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bayshore Center At Bivalve Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bayshore Center At Bivalve Inc 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 Bayshore Center At Bivalve Inc located?
Bayshore Center At Bivalve Inc is headquartered in Port Norris, New Jersey and files with the IRS under EIN 223019683. It is classified under NTEE code A500.
How many years of IRS 990 filings does Bayshore Center At Bivalve Inc have?
Bayshore Center At Bivalve Inc has 14 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.
What does Bayshore Center At Bivalve Inc do?
Bayshore Center At Bivalve Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Port Norris, New Jersey. It is classified under NTEE code A500.
How much revenue does Bayshore Center At Bivalve Inc have?
Bayshore Center At Bivalve Inc reported total revenue of $1,071,807. Based on 14 IRS 990 filings on record.
What are Bayshore Center At Bivalve Inc's total assets?
Bayshore Center At Bivalve Inc holds total assets of $4,960,562 as reported in IRS 990 filings.
Where is Bayshore Center At Bivalve Inc located?
Bayshore Center At Bivalve Inc is based in Port Norris, New Jersey.
What is Bayshore Center At Bivalve Inc's EIN?
Bayshore Center At Bivalve Inc's Employer Identification Number (EIN) is 223019683. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bayshore Center At Bivalve Inc?
Bayshore Center At Bivalve Inc is classified under NTEE code A500 (Arts, Culture & Humanities).
Is Bayshore Center At Bivalve Inc a registered 501(c)(3)?
Yes, Bayshore Center At Bivalve Inc is recognized as a tax-exempt organization by the IRS. EIN: 223019683.
Does Bayshore Center At Bivalve Inc file IRS Form 990?
Yes, Bayshore Center At Bivalve Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Bayshore Center At Bivalve Inc's revenue in 2023?
In the 202312 filing period, Bayshore Center At Bivalve Inc reported total revenue of $808,500, total expenses of $996,584, and net assets of $4,983,906.
Is Bayshore Center At Bivalve Inc's revenue growing or declining?
Bayshore Center At Bivalve Inc's revenue is declining. Revenue went from $1,291,712 (202212) to $808,500 (202312), a -37.4% change. Based on 14 filings on record.
What is Bayshore Center At Bivalve Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bayshore Center At Bivalve Inc covers tax period 202312. It shows revenue of $808,500, expenses of $996,584, total assets of $4,983,906, and liabilities of $780,980.
How much does Bayshore Center At Bivalve Inc spend on programs vs administration?
Based on IRS 990 analysis, Bayshore Center At Bivalve Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Bayshore Center At Bivalve Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bayshore Center At Bivalve Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Bayshore Center At Bivalve Inc?
The following concerns were identified: Total expenses have exceeded revenue in several recent years (e.g., 2023: revenue $808,500, expenses $996,584; 2021: revenue $1,104,355, expenses $1,234,213), indicating a reliance on reserves or other funding sources to cover operational costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bayshore Center At Bivalve Inc's strengths?
Positive indicators for Bayshore Center At Bivalve Inc include: Consistent revenue generation over multiple years, demonstrating a stable funding base.. Significant asset base ($4,960,562 in 2023) provides financial stability and capacity for future initiatives.. The organization maintains a low percentage of liabilities relative to assets, indicating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Bayshore Center At Bivalve Inc compensate executives?
Executive compensation appears reasonable given the organization's size and mission, with no specific figures from the provided data indicating excessive pay. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the consistent trend of expenses exceeding revenue in recent years impact the long-term sustainability of the Bayshore Center at Bivalve, particularly given its mission to preserve maritime heritage?
While the organization has a substantial asset base, the recurring deficit (e.g., $188,084 in 2023) suggests a potential draw on reserves or a need for increased fundraising or cost-cutting measures to ensure long-term financial viability and continued fulfillment of its preservation mission without depleting its capital.
Filing History
IRS 990 filing history for Bayshore Center At Bivalve Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Bayshore Center At Bivalve Inc's revenue has grown by 32%, moving from $613K to $809K. Total assets decreased by 21.1% over the same period, from $6.3M to $5.0M. Total functional expenses rose by 66.2%, from $600K to $997K. In its most recent filing year (2023), Bayshore Center At Bivalve Inc reported a deficit of $188K, with expenses exceeding revenue. The organization holds $781K in liabilities against $5.0M in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $809K | $997K | $5.0M | $781K | — | — |
| 2022 | $1.3M | $829K | $5.2M | $824K | — | View 990 |
| 2021 | $1.1M | $1.2M | $4.9M | $946K | — | View 990 |
| 2020 | $886K | $1.0M | $4.7M | $583K | — | — |
| 2019 | $876K | $1.2M | $4.5M | $326K | — | View 990 |
| 2018 | $790K | $1.3M | $4.9M | $340K | — | View 990 |
| 2017 | $1.6M | $1.1M | $5.3M | $312K | — | — |
| 2016 | $861K | $1.0M | $5.1M | $594K | — | View 990 |
| 2015 | $1.1M | $1.1M | $5.2M | $548K | — | View 990 |
| 2014 | $825K | $1.2M | $5.1M | $574K | — | View 990 |
| 2013 | $1.2M | $905K | $5.5M | $649K | — | View 990 |
| 2012 | $698K | $840K | $5.2M | $644K | — | View 990 |
| 2011 | $525K | $684K | $5.5M | $789K | — | View 990 |
| 2010 | $613K | $600K | $6.3M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $809K, expenses of $997K, and assets of $5.0M (revenue -37.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $829K, and assets of $5.2M (revenue +17.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $4.9M (revenue +24.7% year-over-year).
- 2020: Revenue of $886K, expenses of $1.0M, and assets of $4.7M (revenue +1.1% year-over-year).
- 2019: Revenue of $876K, expenses of $1.2M, and assets of $4.5M (revenue +10.8% year-over-year).
- 2018: Revenue of $790K, expenses of $1.3M, and assets of $4.9M (revenue -51.9% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.1M, and assets of $5.3M (revenue +90.6% year-over-year).
- 2016: Revenue of $861K, expenses of $1.0M, and assets of $5.1M (revenue -21.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $5.2M (revenue +33.3% year-over-year).
- 2014: Revenue of $825K, expenses of $1.2M, and assets of $5.1M (revenue -31.4% year-over-year).
- 2013: Revenue of $1.2M, expenses of $905K, and assets of $5.5M (revenue +72.4% year-over-year).
- 2012: Revenue of $698K, expenses of $840K, and assets of $5.2M (revenue +33.0% year-over-year).
- 2011: Revenue of $525K, expenses of $684K, and assets of $5.5M (revenue -14.3% year-over-year).
- 2010: Revenue of $613K, expenses of $600K, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bayshore Center At Bivalve Inc:
Data Sources and Methodology
This transparency report for Bayshore Center At Bivalve Inc 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.