Beach Point Club Inc
Beach Point Club Inc. shows fluctuating financial performance with periods of deficit spending, no reported officer compensation.
EIN: 131697222 · Mamaroneck, NY · Updated: 2026-03-28
Is Beach Point Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beach Point Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beach Point Club Inc
Beach Point Club Inc (EIN: 131697222) is a nonprofit organization based in Mamaroneck, NY. The organization reported total revenue of $11.3M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beach Point Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beach Point Club Inc is a large nonprofit that has been operating for 84 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.3M |
| Total Expenses | $11.7M |
| Surplus / Deficit | $-1,354,539 |
| Total Assets | $5.1M |
| Total Liabilities | $1.1M |
| Net Assets | $3.9M |
| Operating Margin | -13.1% |
| Debt-to-Asset Ratio | 22.7% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Beach Point Club Inc reported a deficit of $1.4M with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 22.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Beach Point Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | +34.0% | -19.2% |
| 2022 | +5.5% | +11.8% | +34.8% |
| 2021 | +6.9% | -4.0% | +69.0% |
| 2020 | -6.1% | -29.4% | +20.9% |
| 2019 | -0.6% | +39.4% | -36.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Beach Point Club Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Beach Point Club Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer or compensated through non-officer roles, which is a positive for resource allocation relative to its multi-million dollar 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 Beach Point Club Inc's IRS 990 filings:
- Periods of significant deficit spending (e.g., 2023 expenses $11.6M vs. revenue $10.3M, 2019 expenses $11.4M vs. revenue $9.5M).
- Fluctuating asset base without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Beach Point Club Inc:
- Consistent revenue generation, generally increasing over the decade.
- No reported officer compensation, indicating efficient use of funds at the executive level.
- Consistent filing of IRS Form 990s, demonstrating regulatory transparency.
Frequently Asked Questions about Beach Point Club Inc
Is Beach Point Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Beach Point Club Inc (EIN: 131697222) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Beach Point Club Inc spend its money?
Beach Point Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Beach Point Club Inc tax-deductible?
Beach Point Club Inc is registered as a tax-exempt nonprofit (EIN: 131697222). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Beach Point Club Inc. financially stable?
While Beach Point Club Inc. generates substantial revenue (over $10 million in recent years), its financial stability is somewhat inconsistent, with expenses exceeding revenue in several periods, such as 2023 ($11.6M expenses vs. $10.3M revenue) and 2019 ($11.4M expenses vs. $9.5M revenue). This indicates periods of deficit spending.
How does Beach Point Club Inc. manage executive compensation?
Beach Point Club Inc. reports 0% officer compensation in all available IRS 990 filings, suggesting that its executive leadership is either volunteer or compensated through means not classified as officer compensation on the 990.
What is the trend in Beach Point Club Inc.'s assets?
The organization's assets have fluctuated significantly, from a low of $2.2 million in 2019 to a high of $6.2 million in 2022, before decreasing to $5.0 million in 2023. This variability could be due to capital investments or depreciation.
Is Beach Point Club Inc. transparent?
The consistent filing of IRS Form 990s over a long period (12 filings) indicates a commitment to regulatory transparency, providing public access to its financial data.
Filing History
IRS 990 filing history for Beach Point Club Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Beach Point Club Inc's revenue has grown by 45.6%, moving from $7.1M to $10.3M. Total assets increased by 9.3% over the same period, from $4.6M to $5.1M. Total functional expenses rose by 86.6%, from $6.3M to $11.7M. In its most recent filing year (2023), Beach Point Club Inc reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $5.1M in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.3M | $11.7M | $5.1M | $1.1M | — | — |
| 2022 | $10.2M | $8.7M | $6.3M | $999K | — | — |
| 2021 | $9.6M | $7.8M | $4.6M | $827K | — | View 990 |
| 2020 | $9.0M | $8.1M | $2.7M | $768K | — | — |
| 2019 | $9.6M | $11.5M | $2.3M | $1.2M | — | View 990 |
| 2018 | $9.7M | $8.2M | $3.6M | $618K | — | View 990 |
| 2017 | $8.4M | $7.8M | $2.6M | $1.1M | — | View 990 |
| 2015 | $8.9M | $10.9M | $2.4M | $2.0M | — | View 990 |
| 2014 | $7.2M | $6.8M | $5.5M | $3.1M | — | View 990 |
| 2013 | $7.9M | $7.8M | $5.6M | $3.5M | — | View 990 |
| 2012 | $7.4M | $6.5M | $5.5M | $3.6M | — | View 990 |
| 2011 | $7.1M | $6.3M | $4.6M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.3M, expenses of $11.7M, and assets of $5.1M (revenue +1.5% year-over-year).
- 2022: Revenue of $10.2M, expenses of $8.7M, and assets of $6.3M (revenue +5.5% year-over-year).
- 2021: Revenue of $9.6M, expenses of $7.8M, and assets of $4.6M (revenue +6.9% year-over-year).
- 2020: Revenue of $9.0M, expenses of $8.1M, and assets of $2.7M (revenue -6.1% year-over-year).
- 2019: Revenue of $9.6M, expenses of $11.5M, and assets of $2.3M (revenue -0.6% year-over-year).
- 2018: Revenue of $9.7M, expenses of $8.2M, and assets of $3.6M (revenue +15.0% year-over-year).
- 2017: Revenue of $8.4M, expenses of $7.8M, and assets of $2.6M (revenue -5.8% year-over-year).
- 2015: Revenue of $8.9M, expenses of $10.9M, and assets of $2.4M (revenue +23.8% year-over-year).
- 2014: Revenue of $7.2M, expenses of $6.8M, and assets of $5.5M (revenue -9.2% year-over-year).
- 2013: Revenue of $7.9M, expenses of $7.8M, and assets of $5.6M (revenue +7.7% year-over-year).
- 2012: Revenue of $7.4M, expenses of $6.5M, and assets of $5.5M (revenue +4.0% year-over-year).
- 2011: Revenue of $7.1M, expenses of $6.3M, and assets of $4.6M.
Data Sources and Methodology
This transparency report for Beach Point Club 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.