Beach Club Of Cape May Inc
Beach Club Of Cape May Inc: Consistent Revenue, Minimal Liabilities
EIN: 221769099 · Cape May, NJ · Updated: 2026-04-04
About Beach Club Of Cape May Inc
Beach Club Of Cape May Inc (EIN: 221769099) is a nonprofit organization based in Cape May, NJ. The organization reported total revenue of $1.0M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beach Club Of Cape May Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Beach Club Of Cape May Inc 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: 80%
- fundraising: 10%
According to IRS 990 filings, Beach Club Of Cape May Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 either a volunteer-led organization or compensation is not reported in this section.
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 Beach Club Of Cape May Inc:
- Consistent revenue growth over the past decade.
- Very low liabilities, indicating strong financial health.
- Assets have consistently exceeded liabilities by a significant margin.
- Stable financial performance with positive net assets.
Frequently Asked Questions about Beach Club Of Cape May Inc
What does Beach Club Of Cape May Inc do?
Beach Club Of Cape May Inc is a nonprofit organization in the Unknown sector, located in Cape May, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Beach Club Of Cape May Inc have?
Beach Club Of Cape May Inc reported total revenue of $1,001,246. Based on 13 IRS 990 filings on record.
What are Beach Club Of Cape May Inc's total assets?
Beach Club Of Cape May Inc holds total assets of $1,447,234 as reported in IRS 990 filings.
Where is Beach Club Of Cape May Inc located?
Beach Club Of Cape May Inc is based in Cape May, New Jersey.
What is Beach Club Of Cape May Inc's EIN?
Beach Club Of Cape May Inc's Employer Identification Number (EIN) is 221769099. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Beach Club Of Cape May Inc?
Beach Club Of Cape May Inc is classified under NTEE code Unknown (Unknown).
Is Beach Club Of Cape May Inc a registered 501(c)(3)?
Beach Club Of Cape May Inc appears in IRS records (EIN: 221769099). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Beach Club Of Cape May Inc file IRS Form 990?
Yes, Beach Club Of Cape May Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Beach Club Of Cape May Inc's revenue in 2023?
In the 202312 filing period, Beach Club Of Cape May Inc reported total revenue of $506,748, total expenses of $572,642, and net assets of $1,277,927.
Is Beach Club Of Cape May Inc's revenue growing or declining?
Beach Club Of Cape May Inc's revenue is growing. Revenue went from $471,140 (202212) to $506,748 (202312), a +7.6% change. Based on 13 filings on record.
What is Beach Club Of Cape May Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Beach Club Of Cape May Inc covers tax period 202312. It shows revenue of $506,748, expenses of $572,642, total assets of $1,277,927, and liabilities of $3,947.
How much does Beach Club Of Cape May Inc spend on programs vs administration?
Based on IRS 990 analysis, Beach Club Of Cape May Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Beach Club Of Cape May Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Beach Club Of Cape May Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Beach Club Of Cape May Inc's strengths?
Positive indicators for Beach Club Of Cape May Inc include: Consistent revenue growth over the past decade.. Very low liabilities, indicating strong financial health.. Assets have consistently exceeded liabilities by a significant margin.. Stable financial performance with positive net assets.. These findings are derived from AI analysis of the organization's financial filings.
How does Beach Club Of Cape May Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating either a volunteer-led organization or compensation is not reported in this section. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Beach Club Of Cape May Inc?
- The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, as per 990 filings. - Liabilities are consistently low, ranging from $1,626 to $8,543 over the past several years. - Revenue has shown a steady increase from $310,518 in 2015 to $506,748 in 2023. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for executive compensation, how does the organization manage its operational leadership and administrative functions?
The consistent $0 executive compensation suggests that the organization may be entirely volunteer-run at the leadership level, or that compensation for key roles is categorized differently or paid through an affiliated entity not detailed in these specific filings.
What is the primary source of the 'revenue' reported, and how does it align with the organization's stated mission, given the lack of detailed program expenses?
Without a detailed breakdown of revenue sources (e.g., membership fees, donations, event income) and specific program expenses, it's challenging to fully assess the alignment. The consistent revenue growth suggests a stable funding model, but more granular data would clarify its programmatic impact.
Filing History
IRS 990 filing history for Beach Club Of Cape May Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2009–2023), Beach Club Of Cape May Inc's revenue has grown by 30.9%, moving from $387K to $507K. Total assets increased by 43.7% over the same period, from $890K to $1.3M. Total functional expenses rose by 80.5%, from $317K to $573K. In its most recent filing year (2023), Beach Club Of Cape May Inc reported a deficit of $66K, with expenses exceeding revenue. The organization holds $4K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $507K | $573K | $1.3M | $4K | — | — |
| 2022 | $471K | $473K | $1.3M | $4K | — | View 990 |
| 2021 | $454K | $454K | $1.3M | $5K | — | View 990 |
| 2020 | $430K | $350K | $1.3M | $3K | — | View 990 |
| 2018 | $405K | $401K | $1.2M | $2K | — | View 990 |
| 2017 | $376K | $332K | $1.2M | $9K | — | View 990 |
| 2016 | $375K | $310K | $1.2M | $0 | — | View 990 |
| 2015 | $311K | $308K | $983K | $0 | — | View 990 |
| 2014 | $311K | $308K | $981K | $0 | — | View 990 |
| 2013 | $308K | $339K | $979K | $0 | — | View 990 |
| 2012 | $304K | $262K | $1.0M | $0 | — | View 990 |
| 2011 | $304K | $262K | $968K | $0 | — | View 990 |
| 2009 | $387K | $317K | $890K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $507K, expenses of $573K, and assets of $1.3M (revenue +7.6% year-over-year).
- 2022: Revenue of $471K, expenses of $473K, and assets of $1.3M (revenue +3.8% year-over-year).
- 2021: Revenue of $454K, expenses of $454K, and assets of $1.3M (revenue +5.7% year-over-year).
- 2020: Revenue of $430K, expenses of $350K, and assets of $1.3M (revenue +6.2% year-over-year).
- 2018: Revenue of $405K, expenses of $401K, and assets of $1.2M (revenue +7.7% year-over-year).
- 2017: Revenue of $376K, expenses of $332K, and assets of $1.2M (revenue +0.2% year-over-year).
- 2016: Revenue of $375K, expenses of $310K, and assets of $1.2M (revenue +20.7% year-over-year).
- 2015: Revenue of $311K, expenses of $308K, and assets of $983K (revenue +0.0% year-over-year).
- 2014: Revenue of $311K, expenses of $308K, and assets of $981K (revenue +1.0% year-over-year).
- 2013: Revenue of $308K, expenses of $339K, and assets of $979K (revenue +1.2% year-over-year).
- 2012: Revenue of $304K, expenses of $262K, and assets of $1.0M (revenue +0.0% year-over-year).
- 2011: Revenue of $304K, expenses of $262K, and assets of $968K (revenue -21.5% year-over-year).
- 2009: Revenue of $387K, expenses of $317K, and assets of $890K.
Data Sources and Methodology
This transparency report for Beach Club Of Cape May 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.