Contact Cape Atlantic Inc
Contact Cape Atlantic Inc: Consistent Revenue, High Program Spending, but Persistent Deficits
EIN: 222145956 · Northfield, NJ · NTEE: F40 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $157K |
| Program Spending | 85% |
| Net Assets | $112K |
| Transparency Score | 75/100 |
Is Contact Cape Atlantic Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Contact Cape Atlantic Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Contact Cape Atlantic Inc
Contact Cape Atlantic Inc (EIN: 222145956) is a nonprofit organization based in Northfield, NJ, classified under NTEE code F40. The organization reported total revenue of $164K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Contact Cape Atlantic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Contact Cape Atlantic Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $157K |
| Surplus / Deficit | $-10,240 |
| Total Assets | $112K |
| Net Assets | $112K |
| Operating Margin | -7.0% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2023, Contact Cape Atlantic Inc reported a deficit of $10K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Contact Cape Atlantic Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.9% | +4.0% | -8.4% |
| 2022 | -1.4% | +30.6% | -14.7% |
| 2021 | +6.0% | -1.0% | +16.1% |
| 2020 | +27.3% | -0.2% | +27.3% |
| 2019 | -6.9% | -5.1% | -14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Contact Cape Atlantic Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Contact Cape Atlantic Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $10K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation information is not provided in the available data, preventing an assessment of its reasonableness or impact on the organization's finances.
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 Contact Cape Atlantic Inc's IRS 990 filings:
- Persistent operating deficits: Expenses consistently exceed revenue, with a deficit of $10,240 in 2023 and $17,409 in 2022, raising concerns about long-term financial sustainability.
- Declining assets: Total assets have decreased from $143,016 in 2021 to $111,692 in 2023, indicating a potential erosion of financial reserves.
- Lack of detailed expense breakdown: The provided data aggregates expenses, making it difficult to discern specific administrative and fundraising costs beyond the overall 'x' figure.
Strengths
The following positive indicators were identified for Contact Cape Atlantic Inc:
- High program spending: The organization consistently allocates a significant portion of its expenses to programs, demonstrating a commitment to its mission.
- Stable revenue stream: Revenue has remained relatively consistent over the years, ranging from $100,229 to $164,182, suggesting a reliable funding base.
- No lobbying activity: The absence of lobbying expenses indicates a direct service delivery model, which can be appealing to donors focused on direct impact.
Frequently Asked Questions about Contact Cape Atlantic Inc
Is Contact Cape Atlantic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Contact Cape Atlantic Inc (EIN: 222145956) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Contact Cape Atlantic Inc spend its money?
Contact Cape Atlantic Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Contact Cape Atlantic Inc tax-deductible?
Contact Cape Atlantic Inc is registered as a tax-exempt nonprofit (EIN: 222145956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Contact Cape Atlantic Inc's spending goes to programs?
Contact Cape Atlantic Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Contact Cape Atlantic Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Contact Cape Atlantic Inc is above average for NTEE category F40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Contact Cape Atlantic Inc located?
Contact Cape Atlantic Inc is headquartered in Northfield, New Jersey and files with the IRS under EIN 222145956. It is classified under NTEE code F40.
How many years of IRS 990 filings does Contact Cape Atlantic Inc have?
Contact Cape Atlantic Inc 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 $164K in total revenue.
What does Contact Cape Atlantic Inc do?
Contact Cape Atlantic Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Northfield, New Jersey. It is classified under NTEE code F40.
How much revenue does Contact Cape Atlantic Inc have?
Contact Cape Atlantic Inc reported total revenue of $164,182. Based on 13 IRS 990 filings on record.
What are Contact Cape Atlantic Inc's total assets?
Contact Cape Atlantic Inc holds total assets of $121,350 as reported in IRS 990 filings.
Where is Contact Cape Atlantic Inc located?
Contact Cape Atlantic Inc is based in Northfield, New Jersey.
What is Contact Cape Atlantic Inc's EIN?
Contact Cape Atlantic Inc's Employer Identification Number (EIN) is 222145956. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Contact Cape Atlantic Inc?
Contact Cape Atlantic Inc is classified under NTEE code F40 (Mental Health & Crisis Intervention).
Is Contact Cape Atlantic Inc a registered 501(c)(3)?
Yes, Contact Cape Atlantic Inc is recognized as a tax-exempt organization by the IRS. EIN: 222145956.
Does Contact Cape Atlantic Inc file IRS Form 990?
Yes, Contact Cape Atlantic Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Contact Cape Atlantic Inc's revenue in 2023?
In the 202312 filing period, Contact Cape Atlantic Inc reported total revenue of $146,733, total expenses of $156,973, and net assets of $111,692.
Is Contact Cape Atlantic Inc's revenue growing or declining?
Contact Cape Atlantic Inc's revenue is growing. Revenue went from $133,461 (202212) to $146,733 (202312), a +9.9% change. Based on 13 filings on record.
What is Contact Cape Atlantic Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Contact Cape Atlantic Inc covers tax period 202312. It shows revenue of $146,733, expenses of $156,973, total assets of $111,692, and liabilities of N/A.
How much does Contact Cape Atlantic Inc spend on programs vs administration?
Based on IRS 990 analysis, Contact Cape Atlantic Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Contact Cape Atlantic Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Contact Cape Atlantic Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Contact Cape Atlantic Inc?
The following concerns were identified: Persistent operating deficits: Expenses consistently exceed revenue, with a deficit of $10,240 in 2023 and $17,409 in 2022, raising concerns about long-term financial sustainability.. Declining assets: Total assets have decreased from $143,016 in 2021 to $111,692 in 2023, indicating a potential erosion of financial reserves.. Lack of detailed expense breakdown: The provided data aggregates expenses, making it difficult to discern specific administrative and fundraising costs beyond the overall 'x' figure.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Contact Cape Atlantic Inc's strengths?
Positive indicators for Contact Cape Atlantic Inc include: High program spending: The organization consistently allocates a significant portion of its expenses to programs, demonstrating a commitment to its mission.. Stable revenue stream: Revenue has remained relatively consistent over the years, ranging from $100,229 to $164,182, suggesting a reliable funding base.. No lobbying activity: The absence of lobbying expenses indicates a direct service delivery model, which can be appealing to donors focused on direct impact.. These findings are derived from AI analysis of the organization's financial filings.
How does Contact Cape Atlantic Inc compensate executives?
Executive compensation information is not provided in the available data, preventing an assessment of its reasonableness or impact on the organization's finances. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operating deficits, how does Contact Cape Atlantic Inc. plan to address its financial sustainability and rebuild its asset base?
The consistent deficits, such as the $10,240 in 2023 and $17,409 in 2022, suggest the organization is either drawing down reserves or relying on non-operating income not detailed here. A clear strategy for increasing revenue or reducing expenses is crucial to reverse the trend of declining assets.
What specific strategies are in place to diversify funding sources or increase revenue to cover the recurring expenses?
While revenue has been stable, it hasn't kept pace with expenses. Understanding if the organization is actively pursuing new grants, individual donors, or earned income opportunities beyond its current base is vital for long-term viability.
Filing History
IRS 990 filing history for Contact Cape Atlantic Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Contact Cape Atlantic Inc's revenue has grown by 40.3%, moving from $105K to $147K. Total assets increased by 97.7% over the same period, from $57K to $112K. Total functional expenses rose by 69.7%, from $93K to $157K. In its most recent filing year (2023), Contact Cape Atlantic Inc reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $157K | $112K | $0 | — | — |
| 2022 | $133K | $151K | $122K | $0 | — | View 990 |
| 2021 | $135K | $116K | $143K | $7K | — | View 990 |
| 2020 | $128K | $117K | $123K | $7K | — | View 990 |
| 2019 | $100K | $117K | $97K | $0 | — | View 990 |
| 2018 | $108K | $123K | $113K | $0 | — | View 990 |
| 2017 | $116K | $110K | $129K | $0 | — | View 990 |
| 2016 | $119K | $88K | $123K | $0 | — | View 990 |
| 2015 | $100K | $108K | $105K | $0 | — | View 990 |
| 2014 | $112K | $104K | $112K | $0 | — | View 990 |
| 2013 | $119K | $98K | $105K | $0 | — | View 990 |
| 2012 | $121K | $92K | $85K | $0 | — | View 990 |
| 2011 | $105K | $93K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $157K, and assets of $112K (revenue +9.9% year-over-year).
- 2022: Revenue of $133K, expenses of $151K, and assets of $122K (revenue -1.4% year-over-year).
- 2021: Revenue of $135K, expenses of $116K, and assets of $143K (revenue +6.0% year-over-year).
- 2020: Revenue of $128K, expenses of $117K, and assets of $123K (revenue +27.3% year-over-year).
- 2019: Revenue of $100K, expenses of $117K, and assets of $97K (revenue -6.9% year-over-year).
- 2018: Revenue of $108K, expenses of $123K, and assets of $113K (revenue -7.2% year-over-year).
- 2017: Revenue of $116K, expenses of $110K, and assets of $129K (revenue -2.3% year-over-year).
- 2016: Revenue of $119K, expenses of $88K, and assets of $123K (revenue +18.7% year-over-year).
- 2015: Revenue of $100K, expenses of $108K, and assets of $105K (revenue -10.3% year-over-year).
- 2014: Revenue of $112K, expenses of $104K, and assets of $112K (revenue -6.0% year-over-year).
- 2013: Revenue of $119K, expenses of $98K, and assets of $105K (revenue -1.5% year-over-year).
- 2012: Revenue of $121K, expenses of $92K, and assets of $85K (revenue +15.3% year-over-year).
- 2011: Revenue of $105K, expenses of $93K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Contact Cape Atlantic Inc:
Data Sources and Methodology
This transparency report for Contact Cape Atlantic 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.