Brick Township Chamber Of Commerce
Brick Township Chamber Of Commerce: Consistent Revenue, Fluctuating Expenses
EIN: 221806536 · Brick, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $198K |
| Total Expenses | $169K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $55K |
| Transparency Score | 65/100 |
Is Brick Township Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brick Township Chamber Of Commerce directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Brick Township Chamber Of Commerce
Brick Township Chamber Of Commerce (EIN: 221806536) is a nonprofit organization based in Brick, NJ. The organization reported total revenue of $198K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brick Township Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brick Township Chamber Of Commerce is a small nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $169K |
| Surplus / Deficit | +$20K |
| Total Assets | $62K |
| Total Liabilities | $7K |
| Net Assets | $55K |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 4.4 months |
Financial Health Grade: A
In 2023, Brick Township Chamber Of Commerce reported a surplus of $20K with revenue exceeding expenses, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brick Township Chamber Of Commerce's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.3% | +0.9% | +45.9% |
| 2022 | -13.5% | +9.8% | -40.1% |
| 2021 | +27.9% | +21.7% | +2.5% |
| 2020 | -29.2% | -21.8% | -7.3% |
| 2019 | +2.5% | +8.0% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1969 |
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 Brick Township Chamber Of Commerce 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Brick Township Chamber Of Commerce allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds.
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 Brick Township Chamber Of Commerce's IRS 990 filings:
- Net assets decreased from $75,168 in 2019 to $62,434 in 2023, suggesting a decline in financial reserves.
- Expenses exceeded revenue in multiple years (e.g., 2022: revenue $132,732, expenses $167,680), leading to operating deficits.
Strengths
The following positive indicators were identified for Brick Township Chamber Of Commerce:
- The organization has maintained a consistent presence and operations over many years, as evidenced by continuous filings.
- Low reported liabilities suggest a conservative financial approach and minimal debt burden.
Frequently Asked Questions about Brick Township Chamber Of Commerce
Is Brick Township Chamber Of Commerce a legitimate charity?
Brick Township Chamber Of Commerce (EIN: 221806536) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $198K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Brick Township Chamber Of Commerce spend its money?
Brick Township Chamber Of Commerce directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Brick Township Chamber Of Commerce tax-deductible?
Brick Township Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 221806536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Brick Township Chamber Of Commerce CEO make?
Brick Township Chamber Of Commerce's highest-compensated officer earns $0 annually. The organization reported $198K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Brick Township Chamber Of Commerce's spending goes to programs?
Brick Township Chamber Of Commerce directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Brick Township Chamber Of Commerce located?
Brick Township Chamber Of Commerce is headquartered in Brick, New Jersey and files with the IRS under EIN 221806536.
How many years of IRS 990 filings does Brick Township Chamber Of Commerce have?
Brick Township Chamber Of Commerce has 13 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 $198K in total revenue.
What does Brick Township Chamber Of Commerce do?
Brick Township Chamber Of Commerce is a nonprofit organization in the Unknown sector, located in Brick, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Brick Township Chamber Of Commerce have?
Brick Township Chamber Of Commerce reported total revenue of $198,242. Based on 13 IRS 990 filings on record.
What are Brick Township Chamber Of Commerce's total assets?
Brick Township Chamber Of Commerce holds total assets of $86,828 as reported in IRS 990 filings.
Where is Brick Township Chamber Of Commerce located?
Brick Township Chamber Of Commerce is based in Brick, New Jersey.
What is Brick Township Chamber Of Commerce's EIN?
Brick Township Chamber Of Commerce's Employer Identification Number (EIN) is 221806536. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Brick Township Chamber Of Commerce?
Brick Township Chamber Of Commerce is classified under NTEE code Unknown (Unknown).
Is Brick Township Chamber Of Commerce a registered 501(c)(3)?
Brick Township Chamber Of Commerce appears in IRS records (EIN: 221806536). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Brick Township Chamber Of Commerce file IRS Form 990?
Yes, Brick Township Chamber Of Commerce has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Brick Township Chamber Of Commerce's revenue in 2023?
In the 202312 filing period, Brick Township Chamber Of Commerce reported total revenue of $188,895, total expenses of $169,244, and net assets of $62,434.
Is Brick Township Chamber Of Commerce's revenue growing or declining?
Brick Township Chamber Of Commerce's revenue is growing. Revenue went from $132,732 (202212) to $188,895 (202312), a +42.3% change. Based on 13 filings on record.
What is Brick Township Chamber Of Commerce's most recent 990 filing?
The most recent IRS Form 990 filing for Brick Township Chamber Of Commerce covers tax period 202312. It shows revenue of $188,895, expenses of $169,244, total assets of $62,434, and liabilities of $7,400.
How much does Brick Township Chamber Of Commerce spend on programs vs administration?
Based on IRS 990 analysis, Brick Township Chamber Of Commerce allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Brick Township Chamber Of Commerce a trustworthy charity?
Based on AI analysis of IRS 990 data, Brick Township Chamber Of Commerce shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Brick Township Chamber Of Commerce?
The following concerns were identified: Net assets decreased from $75,168 in 2019 to $62,434 in 2023, suggesting a decline in financial reserves.. Expenses exceeded revenue in multiple years (e.g., 2022: revenue $132,732, expenses $167,680), leading to operating deficits.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Brick Township Chamber Of Commerce's strengths?
Positive indicators for Brick Township Chamber Of Commerce include: The organization has maintained a consistent presence and operations over many years, as evidenced by continuous filings.. Low reported liabilities suggest a conservative financial approach and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Brick Township Chamber Of Commerce compensate executives?
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
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 leadership roles may be filled by volunteers, or compensation falls below the IRS reporting threshold for key employees, which could impact long-term operational stability if not clearly defined.
What factors contributed to the significant increase in expenses in 2022 ($167,680) compared to 2021 ($152,765), despite a decrease in revenue?
The increase in expenses in 2022, coupled with a revenue decline, led to a substantial operating deficit. Without detailed expense breakdowns, it's unclear if this was due to increased program costs, administrative overhead, or specific one-time expenditures.
Filing History
IRS 990 filing history for Brick Township Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brick Township Chamber Of Commerce's revenue has declined by 10%, moving from $210K to $189K. Total assets decreased by 40.2% over the same period, from $104K to $62K. Total functional expenses fell by 21.8%, from $216K to $169K. In its most recent filing year (2023), Brick Township Chamber Of Commerce reported a surplus of $20K, with revenue exceeding expenses. The organization holds $7K in liabilities against $62K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $169K | $62K | $7K | — | — |
| 2022 | $133K | $168K | $43K | $7K | — | View 990 |
| 2021 | $153K | $153K | $71K | $1K | — | View 990 |
| 2020 | $120K | $125K | $70K | $0 | — | View 990 |
| 2019 | $169K | $161K | $75K | $0 | — | View 990 |
| 2018 | $165K | $149K | $66K | $10 | — | View 990 |
| 2017 | $166K | $149K | $50K | $50 | — | View 990 |
| 2016 | $216K | $233K | $33K | $1K | — | View 990 |
| 2015 | $191K | $218K | $49K | $0 | — | View 990 |
| 2014 | $220K | $238K | $81K | $4K | — | View 990 |
| 2013 | $219K | $223K | $94K | $0 | — | View 990 |
| 2012 | $216K | $222K | $98K | $0 | — | View 990 |
| 2011 | $210K | $216K | $104K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $169K, and assets of $62K (revenue +42.3% year-over-year).
- 2022: Revenue of $133K, expenses of $168K, and assets of $43K (revenue -13.5% year-over-year).
- 2021: Revenue of $153K, expenses of $153K, and assets of $71K (revenue +27.9% year-over-year).
- 2020: Revenue of $120K, expenses of $125K, and assets of $70K (revenue -29.2% year-over-year).
- 2019: Revenue of $169K, expenses of $161K, and assets of $75K (revenue +2.5% year-over-year).
- 2018: Revenue of $165K, expenses of $149K, and assets of $66K (revenue -0.6% year-over-year).
- 2017: Revenue of $166K, expenses of $149K, and assets of $50K (revenue -23.1% year-over-year).
- 2016: Revenue of $216K, expenses of $233K, and assets of $33K (revenue +13.1% year-over-year).
- 2015: Revenue of $191K, expenses of $218K, and assets of $49K (revenue -13.0% year-over-year).
- 2014: Revenue of $220K, expenses of $238K, and assets of $81K (revenue +0.3% year-over-year).
- 2013: Revenue of $219K, expenses of $223K, and assets of $94K (revenue +1.5% year-over-year).
- 2012: Revenue of $216K, expenses of $222K, and assets of $98K (revenue +2.8% year-over-year).
- 2011: Revenue of $210K, expenses of $216K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brick Township Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Brick Township Chamber Of Commerce 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.