Cape May Marlin & Tuna Club Inc
Cape May Marlin & Tuna Club: Consistent Operations, Limited Program Spending
EIN: 222255105 · Cape May, NJ · NTEE: N50 · Updated: 2026-04-04
About Cape May Marlin & Tuna Club Inc
Cape May Marlin & Tuna Club Inc (EIN: 222255105) is a nonprofit organization based in Cape May, NJ, classified under NTEE code N50. The organization reported total revenue of $278K and total assets of $161K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape May Marlin & Tuna Club 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 Cape May Marlin & Tuna Club Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 50%
- programs: 10%
- fundraising: 40%
According to IRS 990 filings, Cape May Marlin & Tuna Club Inc allocates its expenses as follows: admin: 50%, programs: 10%, fundraising: 40%. Only 10% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or minimally compensated leadership structure.
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 Cape May Marlin & Tuna Club Inc's IRS 990 filings:
- Program spending consistently low, e.g., only $25,022 in program service expenses out of $250,220 total expenses in 2022.
- Significant portion of expenses allocated to administrative and fundraising activities relative to program services.
- Lack of detailed information regarding specific programs and their impact.
- Consistent net losses in recent years (e.g., $26,110 loss in 2022, $48,930 loss in 2021) despite consistent revenue.
Strengths
The following positive indicators were identified for Cape May Marlin & Tuna Club Inc:
- Consistent revenue generation over several years.
- Stable asset base, maintaining over $160,000 in assets in recent years.
- Zero reported executive compensation, suggesting a volunteer-driven leadership.
- Long operational history as indicated by multiple years of financial data.
Frequently Asked Questions about Cape May Marlin & Tuna Club Inc
What does Cape May Marlin & Tuna Club Inc do?
Cape May Marlin & Tuna Club Inc is a nonprofit organization in the Recreation & Sports sector, located in Cape May, New Jersey. It is classified under NTEE code N50.
How much revenue does Cape May Marlin & Tuna Club Inc have?
Cape May Marlin & Tuna Club Inc reported total revenue of $277,546. Based on 11 IRS 990 filings on record.
What are Cape May Marlin & Tuna Club Inc's total assets?
Cape May Marlin & Tuna Club Inc holds total assets of $160,844 as reported in IRS 990 filings.
Where is Cape May Marlin & Tuna Club Inc located?
Cape May Marlin & Tuna Club Inc is based in Cape May, New Jersey.
What is Cape May Marlin & Tuna Club Inc's EIN?
Cape May Marlin & Tuna Club Inc's Employer Identification Number (EIN) is 222255105. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cape May Marlin & Tuna Club Inc?
Cape May Marlin & Tuna Club Inc is classified under NTEE code N50 (Recreation & Sports).
Is Cape May Marlin & Tuna Club Inc a registered 501(c)(3)?
Yes, Cape May Marlin & Tuna Club Inc is recognized as a tax-exempt organization by the IRS. EIN: 222255105.
Does Cape May Marlin & Tuna Club Inc file IRS Form 990?
Yes, Cape May Marlin & Tuna Club Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Cape May Marlin & Tuna Club Inc's revenue in 2022?
In the 202212 filing period, Cape May Marlin & Tuna Club Inc reported total revenue of $277,546, total expenses of $250,220, and net assets of $160,844.
Is Cape May Marlin & Tuna Club Inc's revenue growing or declining?
Cape May Marlin & Tuna Club Inc's revenue is growing. Revenue went from $224,706 (202112) to $277,546 (202212), a +23.5% change. Based on 11 filings on record.
What is Cape May Marlin & Tuna Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cape May Marlin & Tuna Club Inc covers tax period 202212. It shows revenue of $277,546, expenses of $250,220, total assets of $160,844, and liabilities of $26,110.
How much does Cape May Marlin & Tuna Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Cape May Marlin & Tuna Club Inc allocates approximately 10% of expenses to program services, 50% to administrative costs, and 40% to fundraising. Overhead costs appear high relative to program spending.
Is Cape May Marlin & Tuna Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cape May Marlin & Tuna Club Inc shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 4 strengths noted.
What are the red flags for Cape May Marlin & Tuna Club Inc?
The following concerns were identified: Program spending consistently low, e.g., only $25,022 in program service expenses out of $250,220 total expenses in 2022.. Significant portion of expenses allocated to administrative and fundraising activities relative to program services.. Lack of detailed information regarding specific programs and their impact.. Consistent net losses in recent years (e.g., $26,110 loss in 2022, $48,930 loss in 2021) despite consistent revenue.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cape May Marlin & Tuna Club Inc's strengths?
Positive indicators for Cape May Marlin & Tuna Club Inc include: Consistent revenue generation over several years.. Stable asset base, maintaining over $160,000 in assets in recent years.. Zero reported executive compensation, suggesting a volunteer-driven leadership.. Long operational history as indicated by multiple years of financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does Cape May Marlin & Tuna Club Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or minimally compensated leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Cape May Marlin & Tuna Club Inc?
- Financial statements are available through public filings, but detailed program descriptions are not readily accessible. - The organization consistently reports zero compensation for officers, directors, trustees, and key employees. - No specific program service accomplishments or detailed impact metrics are provided in the available filings. 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 operations and administrative functions?
The organization likely relies heavily on volunteer efforts for its administrative and operational management, or it may be contracting out services that are not classified as executive compensation. Further investigation into operational contracts or volunteer hours would be needed.
With program service expenses consistently around 10% of total expenses, what are the primary activities the Cape May Marlin & Tuna Club Inc. undertakes to fulfill its mission?
Based on the financial data, the primary activities are not clearly defined as program services. The majority of expenses are categorized as administrative and fundraising, suggesting that the organization's mission fulfillment might be through indirect means, member services, or events that are not classified as direct program spending.
Filing History
IRS 990 filing history for Cape May Marlin & Tuna Club Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Cape May Marlin & Tuna Club Inc's revenue has grown by 106%, moving from $135K to $278K. Total assets decreased by 7.1% over the same period, from $173K to $161K. Total functional expenses rose by 92%, from $130K to $250K. In its most recent filing year (2022), Cape May Marlin & Tuna Club Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $26K in liabilities against $161K in assets (debt-to-asset ratio: 16.2%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $278K | $250K | $161K | $26K | — | — |
| 2021 | $225K | $250K | $161K | $49K | — | — |
| 2019 | $236K | $227K | $201K | $32K | — | View 990 |
| 2018 | $221K | $199K | $190K | $30K | — | View 990 |
| 2017 | $198K | $196K | $166K | $28K | — | — |
| 2016 | $164K | $169K | $166K | $32K | — | View 990 |
| 2015 | $120K | $129K | $162K | $24K | — | View 990 |
| 2014 | $122K | $130K | $172K | $25K | — | View 990 |
| 2013 | $121K | $115K | $179K | $24K | — | View 990 |
| 2012 | $130K | $132K | $175K | $26K | — | View 990 |
| 2011 | $135K | $130K | $173K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $278K, expenses of $250K, and assets of $161K (revenue +23.5% year-over-year).
- 2021: Revenue of $225K, expenses of $250K, and assets of $161K (revenue -4.7% year-over-year).
- 2019: Revenue of $236K, expenses of $227K, and assets of $201K (revenue +6.6% year-over-year).
- 2018: Revenue of $221K, expenses of $199K, and assets of $190K (revenue +11.7% year-over-year).
- 2017: Revenue of $198K, expenses of $196K, and assets of $166K (revenue +20.6% year-over-year).
- 2016: Revenue of $164K, expenses of $169K, and assets of $166K (revenue +36.5% year-over-year).
- 2015: Revenue of $120K, expenses of $129K, and assets of $162K (revenue -1.7% year-over-year).
- 2014: Revenue of $122K, expenses of $130K, and assets of $172K (revenue +0.9% year-over-year).
- 2013: Revenue of $121K, expenses of $115K, and assets of $179K (revenue -6.4% year-over-year).
- 2012: Revenue of $130K, expenses of $132K, and assets of $175K (revenue -3.8% year-over-year).
- 2011: Revenue of $135K, expenses of $130K, and assets of $173K.
Data Sources and Methodology
This transparency report for Cape May Marlin & Tuna 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.