Brigantine Yacht Club

Brigantine Yacht Club shows consistent financial growth and reduced liabilities with no reported officer compensation.

EIN: 210724345 · Brigantine, NJ · Updated: 2026-03-28

$197KRevenue

$782KAssets

75/100Mission Score (Good)

About Brigantine Yacht Club

Brigantine Yacht Club (EIN: 210724345) is a nonprofit organization based in Brigantine, NJ. The organization reported total revenue of $197K and total assets of $782K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brigantine Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Brigantine Yacht Club demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. In 2022, the organization reported $191,461 in revenue against $152,817 in expenses, resulting in a surplus. Over the past several years, revenue has shown a general upward trend, from $135,279 in 2020 to $191,461 in 2022, indicating growing financial capacity. The club's assets have also steadily increased, reaching $736,960 in 2022, while liabilities have significantly decreased from $237,656 in 2015 to $41,550 in 2022, reflecting strong financial management and reduced debt burden.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent surpluses suggest that the organization is managing its expenses within its revenue streams. The absence of reported officer compensation across all available filings indicates that leadership is likely volunteer-based, which can contribute to lower administrative overhead. The organization's transparency is good in terms of filing its IRS 990s consistently, but the lack of detailed NTEE code and specific program descriptions limits a deeper understanding of its mission-related spending.

Overall, the Brigantine Yacht Club appears to be in sound financial health, characterized by increasing revenues, growing assets, and decreasing liabilities. The lack of officer compensation is a positive indicator of efficient resource allocation. Further transparency regarding specific program activities and a detailed expense breakdown would enhance the assessment of its spending efficiency and mission impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Brigantine Yacht Club 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Brigantine Yacht Club 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.

Executive Compensation Analysis

The Brigantine Yacht Club reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which is a positive sign for resource allocation given its modest size and 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 Brigantine Yacht Club's IRS 990 filings:

NTEE Code is unknown, limiting understanding of primary charitable purpose
Lack of detailed expense breakdown (program, admin, fundraising) in provided data

Strengths

The following positive indicators were identified for Brigantine Yacht Club:

Consistent financial surpluses, indicating sound financial management (e.g., $191,461 revenue vs. $152,817 expenses in 2022)
Significant reduction in liabilities over time (from $237,656 in 2015 to $41,550 in 2022)
Steady growth in assets, demonstrating increasing financial stability (e.g., $692,629 in 2015 to $736,960 in 2022)
No reported officer compensation, suggesting volunteer leadership and efficient use of funds
Consistent filing of IRS 990s, indicating good transparency practices

Frequently Asked Questions about Brigantine Yacht Club

What are the specific programs or activities that the Brigantine Yacht Club funds?

The provided IRS 990 data does not detail specific programs or activities. Further investigation into their public communications or website would be necessary to understand their mission-related spending.

How does the Brigantine Yacht Club manage to operate without reporting any officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership roles are filled by volunteers, which is common for smaller clubs and associations, allowing more funds to be directed towards operations or mission-related activities.

What is the primary source of the Brigantine Yacht Club's revenue?

While the filings show consistent revenue, the specific sources (e.g., membership dues, events, donations) are not detailed in the provided summary. This information would typically be found in Part VIII of the IRS Form 990.

Filing History

IRS 990 filing history for Brigantine Yacht Club showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Brigantine Yacht Club's revenue has grown by 72.4%, moving from $111K to $191K. Total assets increased by 79.6% over the same period, from $410K to $737K. Total functional expenses rose by 42.4%, from $107K to $153K. In its most recent filing year (2022), Brigantine Yacht Club reported a surplus of $39K, with revenue exceeding expenses. The organization holds $42K in liabilities against $737K in assets (debt-to-asset ratio: 5.6%), resulting in net assets of $695K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$191K	$153K	$737K	$42K	—	View 990
2021	$163K	$151K	$724K	$67K	—	View 990
2020	$135K	$105K	$739K	$94K	—	—
2019	$133K	$118K	$733K	$118K	—	—
2018	$147K	$110K	$741K	$142K	—	View 990
2017	$145K	$111K	$729K	$167K	—	View 990
2016	$127K	$96K	$718K	$190K	—	View 990
2015	$0	$25K	$693K	$238K	—	View 990
2014	$174K	$108K	$718K	$238K	—	View 990
2013	$129K	$109K	$652K	$237K	—	View 990
2012	$111K	$107K	$416K	$21K	—	View 990
2011	$111K	$107K	$410K	$19K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $191K, expenses of $153K, and assets of $737K (revenue +17.5% year-over-year).
2021: Revenue of $163K, expenses of $151K, and assets of $724K (revenue +20.4% year-over-year).
2020: Revenue of $135K, expenses of $105K, and assets of $739K (revenue +1.6% year-over-year).
2019: Revenue of $133K, expenses of $118K, and assets of $733K (revenue -9.3% year-over-year).
2018: Revenue of $147K, expenses of $110K, and assets of $741K (revenue +1.1% year-over-year).
2017: Revenue of $145K, expenses of $111K, and assets of $729K (revenue +14.3% year-over-year).
2016: Revenue of $127K, expenses of $96K, and assets of $718K.
2015: Revenue of $0, expenses of $25K, and assets of $693K (revenue -100.0% year-over-year).
2014: Revenue of $174K, expenses of $108K, and assets of $718K (revenue +34.7% year-over-year).
2013: Revenue of $129K, expenses of $109K, and assets of $652K (revenue +16.4% year-over-year).
2012: Revenue of $111K, expenses of $107K, and assets of $416K (revenue -0.2% year-over-year).
2011: Revenue of $111K, expenses of $107K, and assets of $410K.

Data Sources and Methodology

This transparency report for Brigantine Yacht 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.