De Bruce Fly Fishing Club Inc
De Bruce Fly Fishing Club Inc maintains stable finances with volunteer leadership and no liabilities.
EIN: 132618831 · River Edge, NJ · Updated: 2026-03-28
Is De Bruce Fly Fishing Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
De Bruce Fly Fishing Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About De Bruce Fly Fishing Club Inc
De Bruce Fly Fishing Club Inc (EIN: 132618831) is a nonprofit organization based in River Edge, NJ. The organization reported total revenue of $181K and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of De Bruce Fly Fishing 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 De Bruce Fly Fishing Club Inc with a Mission Score of 90 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, De Bruce Fly Fishing Club Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for an organization of its size with annual revenues around $180,000.
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.
Strengths
The following positive indicators were identified for De Bruce Fly Fishing Club Inc:
- Consistent zero liabilities across all filings, indicating strong financial management.
- 0% officer compensation reported, demonstrating volunteer leadership and efficient use of funds.
- Stable revenue and expense patterns over a decade, showing financial predictability.
- Increasing asset base, from $90,442 in 2014 to $130,868 in 2023, enhancing long-term stability.
- No reported fundraising expenses, suggesting efficient member engagement or reliance on membership dues.
Frequently Asked Questions about De Bruce Fly Fishing Club Inc
Is De Bruce Fly Fishing Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, De Bruce Fly Fishing Club Inc (EIN: 132618831) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does De Bruce Fly Fishing Club Inc spend its money?
De Bruce Fly Fishing Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to De Bruce Fly Fishing Club Inc tax-deductible?
De Bruce Fly Fishing Club Inc is registered as a tax-exempt nonprofit (EIN: 132618831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is De Bruce Fly Fishing Club Inc a good charity?
Based on the available financial data, De Bruce Fly Fishing Club Inc appears to be a well-managed organization. It consistently reports zero liabilities and no officer compensation, suggesting strong financial health and a commitment to volunteerism. While specific program details are not provided, the financial stability and lack of executive compensation are positive indicators.
How does the club manage its finances given its revenue and expenses?
The club's revenue and expenses are closely aligned, often resulting in small surpluses or deficits year-to-year. For example, in 2023, revenue was $191,377 and expenses were $186,460. This indicates a focus on covering operational costs and activities rather than significant profit generation, which is typical for a membership-based club.
What is the trend in the club's assets?
The club's assets have shown a positive trend, increasing from $90,442 in 2014 to $130,868 in 2023. This indicates a healthy accumulation of resources over time, further strengthening its financial position.
Filing History
IRS 990 filing history for De Bruce Fly Fishing Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), De Bruce Fly Fishing Club Inc's revenue has grown by 48%, moving from $129K to $191K. Total assets increased by 63.7% over the same period, from $80K to $131K. Total functional expenses rose by 65.5%, from $113K to $186K. In its most recent filing year (2023), De Bruce Fly Fishing Club Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $191K | $186K | $131K | $0 | — | View 990 |
| 2022 | $179K | $181K | $126K | $0 | — | View 990 |
| 2021 | $192K | $161K | $128K | $0 | — | View 990 |
| 2020 | $170K | $171K | $98K | $0 | — | View 990 |
| 2019 | $135K | $121K | $99K | $0 | — | View 990 |
| 2018 | $133K | $144K | $86K | $0 | — | View 990 |
| 2017 | $128K | $129K | $96K | $0 | — | View 990 |
| 2016 | $133K | $124K | $97K | $0 | — | View 990 |
| 2015 | $140K | $143K | $88K | $0 | — | View 990 |
| 2014 | $159K | $161K | $90K | $0 | — | View 990 |
| 2013 | $155K | $142K | $92K | $0 | — | View 990 |
| 2012 | $142K | $143K | $78K | $0 | — | View 990 |
| 2011 | $129K | $113K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $191K, expenses of $186K, and assets of $131K (revenue +7.2% year-over-year).
- 2022: Revenue of $179K, expenses of $181K, and assets of $126K (revenue -7.1% year-over-year).
- 2021: Revenue of $192K, expenses of $161K, and assets of $128K (revenue +12.9% year-over-year).
- 2020: Revenue of $170K, expenses of $171K, and assets of $98K (revenue +26.4% year-over-year).
- 2019: Revenue of $135K, expenses of $121K, and assets of $99K (revenue +0.8% year-over-year).
- 2018: Revenue of $133K, expenses of $144K, and assets of $86K (revenue +4.0% year-over-year).
- 2017: Revenue of $128K, expenses of $129K, and assets of $96K (revenue -3.8% year-over-year).
- 2016: Revenue of $133K, expenses of $124K, and assets of $97K (revenue -4.9% year-over-year).
- 2015: Revenue of $140K, expenses of $143K, and assets of $88K (revenue -11.9% year-over-year).
- 2014: Revenue of $159K, expenses of $161K, and assets of $90K (revenue +2.5% year-over-year).
- 2013: Revenue of $155K, expenses of $142K, and assets of $92K (revenue +9.6% year-over-year).
- 2012: Revenue of $142K, expenses of $143K, and assets of $78K (revenue +9.6% year-over-year).
- 2011: Revenue of $129K, expenses of $113K, and assets of $80K.
Data Sources and Methodology
This transparency report for De Bruce Fly Fishing 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.