Beacon Hill Club
Beacon Hill Club: Stable Finances, Limited Public Transparency
EIN: 221582044 · Summit, NJ · Updated: 2026-04-04
Is Beacon Hill Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beacon Hill Club directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beacon Hill Club
Beacon Hill Club (EIN: 221582044) is a nonprofit organization based in Summit, NJ. The organization reported total revenue of $6.4M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beacon Hill Club'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 Beacon Hill Club with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Beacon Hill Club 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.
Executive Compensation Analysis
Executive compensation details are not explicitly disclosed in the provided data, making a specific assessment impossible without further information.
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 Beacon Hill Club's IRS 990 filings:
- Lack of detailed program reporting makes it difficult to assess the direct impact of revenue and expenses.
- Absence of specific executive compensation figures raises questions about accountability and appropriate use of funds.
- Limited public information beyond basic financial statements hinders a comprehensive understanding of operations.
Strengths
The following positive indicators were identified for Beacon Hill Club:
- Consistent revenue generation over several years, indicating financial stability.
- Assets consistently exceed liabilities, suggesting a healthy financial position.
- Positive net assets growth from $5,737,102 in 2019 to $8,333,122 in 2023.
Frequently Asked Questions about Beacon Hill Club
Is Beacon Hill Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Beacon Hill Club (EIN: 221582044) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Beacon Hill Club spend its money?
Beacon Hill Club directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Beacon Hill Club tax-deductible?
Beacon Hill Club is registered as a tax-exempt nonprofit (EIN: 221582044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Beacon Hill Club do?
Beacon Hill Club is a nonprofit organization in the Unknown sector, located in Summit, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Beacon Hill Club have?
Beacon Hill Club reported total revenue of $6,417,929. Based on 13 IRS 990 filings on record.
What are Beacon Hill Club's total assets?
Beacon Hill Club holds total assets of $8,333,122 as reported in IRS 990 filings.
Where is Beacon Hill Club located?
Beacon Hill Club is based in Summit, New Jersey.
What is Beacon Hill Club's EIN?
Beacon Hill Club's Employer Identification Number (EIN) is 221582044. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Beacon Hill Club?
Beacon Hill Club is classified under NTEE code Unknown (Unknown).
Is Beacon Hill Club a registered 501(c)(3)?
Beacon Hill Club appears in IRS records (EIN: 221582044). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Beacon Hill Club file IRS Form 990?
Yes, Beacon Hill Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was Beacon Hill Club's revenue in 2023?
In the 202303 filing period, Beacon Hill Club reported total revenue of $5,721,351, total expenses of $5,376,884, and net assets of $7,560,061.
Is Beacon Hill Club's revenue growing or declining?
Beacon Hill Club's revenue is growing. Revenue went from $4,973,966 (202203) to $5,721,351 (202303), a +15.0% change. Based on 13 filings on record.
What is Beacon Hill Club's most recent 990 filing?
The most recent IRS Form 990 filing for Beacon Hill Club covers tax period 202303. It shows revenue of $5,721,351, expenses of $5,376,884, total assets of $7,560,061, and liabilities of $2,615,929.
How much does Beacon Hill Club spend on programs vs administration?
Based on IRS 990 analysis, Beacon Hill Club allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Beacon Hill Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Beacon Hill Club shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Beacon Hill Club?
The following concerns were identified: Lack of detailed program reporting makes it difficult to assess the direct impact of revenue and expenses.. Absence of specific executive compensation figures raises questions about accountability and appropriate use of funds.. Limited public information beyond basic financial statements hinders a comprehensive understanding of operations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Beacon Hill Club's strengths?
Positive indicators for Beacon Hill Club include: Consistent revenue generation over several years, indicating financial stability.. Assets consistently exceed liabilities, suggesting a healthy financial position.. Positive net assets growth from $5,737,102 in 2019 to $8,333,122 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Beacon Hill Club compensate executives?
Executive compensation details are not explicitly disclosed in the provided data, making a specific assessment impossible without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific initiatives or capital improvements have contributed to the increase in assets from $5,737,102 in 2019 to $8,333,122 in 2023?
Without more detailed financial statements or narrative reports, it's impossible to pinpoint the exact initiatives. The increase could be due to investment gains, property improvements, or accumulation of unspent revenue.
How does the organization ensure its mission is being effectively pursued and measured, given the lack of detailed program reporting in public filings?
The organization likely has internal metrics and reporting mechanisms. However, without public disclosure of these, external stakeholders cannot independently verify the effectiveness or impact of its mission-related activities.
Filing History
IRS 990 filing history for Beacon Hill Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Beacon Hill Club's revenue has grown by 71.6%, moving from $3.3M to $5.7M. Total assets increased by 56.8% over the same period, from $4.8M to $7.6M. Total functional expenses rose by 57.3%, from $3.4M to $5.4M. In its most recent filing year (2023), Beacon Hill Club reported a surplus of $344K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $7.6M in assets (debt-to-asset ratio: 34.6%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.7M | $5.4M | $7.6M | $2.6M | — | View 990 |
| 2022 | $5.0M | $5.0M | $7.1M | $2.4M | — | View 990 |
| 2021 | $4.9M | $4.0M | $7.1M | $2.4M | — | View 990 |
| 2020 | $4.6M | $4.4M | $6.1M | $2.2M | — | View 990 |
| 2019 | $4.5M | $4.2M | $5.7M | $2.1M | — | View 990 |
| 2018 | $4.0M | $4.2M | $5.5M | $2.0M | — | View 990 |
| 2017 | $4.1M | $4.2M | $5.7M | $2.0M | — | View 990 |
| 2016 | $3.9M | $3.8M | $6.0M | $2.1M | — | View 990 |
| 2015 | $4.0M | $3.6M | $5.6M | $1.9M | — | View 990 |
| 2014 | $3.6M | $3.4M | $5.2M | $1.8M | — | View 990 |
| 2013 | $3.8M | $3.5M | $5.2M | $1.9M | — | View 990 |
| 2012 | $3.6M | $3.5M | $4.9M | $1.8M | — | View 990 |
| 2011 | $3.3M | $3.4M | $4.8M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.7M, expenses of $5.4M, and assets of $7.6M (revenue +15.0% year-over-year).
- 2022: Revenue of $5.0M, expenses of $5.0M, and assets of $7.1M (revenue +2.5% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.0M, and assets of $7.1M (revenue +4.7% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.4M, and assets of $6.1M (revenue +2.9% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.2M, and assets of $5.7M (revenue +11.5% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.2M, and assets of $5.5M (revenue -2.0% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.2M, and assets of $5.7M (revenue +5.0% year-over-year).
- 2016: Revenue of $3.9M, expenses of $3.8M, and assets of $6.0M (revenue -1.2% year-over-year).
- 2015: Revenue of $4.0M, expenses of $3.6M, and assets of $5.6M (revenue +10.3% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.4M, and assets of $5.2M (revenue -4.7% year-over-year).
- 2013: Revenue of $3.8M, expenses of $3.5M, and assets of $5.2M (revenue +5.2% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.5M, and assets of $4.9M (revenue +7.8% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.4M, and assets of $4.8M.
Data Sources and Methodology
This transparency report for Beacon Hill 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.