Elberon Bathing Club
Elberon Bathing Club maintains consistent revenue growth with no reported officer compensation.
EIN: 210444825 · Elberon, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $907K |
| Total Expenses | $828K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $900,000 |
| Net Assets | $973K |
| Transparency Score | 85/100 |
Is Elberon Bathing Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elberon Bathing Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elberon Bathing Club
Elberon Bathing Club (EIN: 210444825) is a nonprofit organization based in Elberon, NJ. The organization reported total revenue of $907K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elberon Bathing Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elberon Bathing Club is a small nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $888K |
| Total Expenses | $828K |
| Surplus / Deficit | +$60K |
| Total Assets | $2.2M |
| Total Liabilities | $1.2M |
| Net Assets | $973K |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 56.2% |
| Months of Reserves | 32.2 months |
Financial Health Grade: A
In 2023, Elberon Bathing Club reported a surplus of $60K with revenue exceeding expenses, holds 32.2 months of operating reserves (strong position), has a debt-to-asset ratio of 56.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Elberon Bathing Club's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.5% | +5.2% | +38.9% |
| 2022 | +3.3% | +5.6% | +22.3% |
| 2021 | +3.0% | -4.4% | -8.5% |
| 2020 | +9.5% | +8.6% | +4.2% |
| 2019 | +1.0% | +3.1% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
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 Elberon Bathing Club with a Mission Score of 85 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, Elberon Bathing Club 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.2%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization with nearly $900,000 in annual 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 Elberon Bathing Club's IRS 990 filings:
- Significant increase in liabilities from $686,228 in 2022 to $1,248,904 in 2023 without clear explanation in provided data.
Strengths
The following positive indicators were identified for Elberon Bathing Club:
- Consistent revenue growth over the past decade, indicating financial stability.
- 0% officer compensation, demonstrating highly efficient use of funds for leadership.
- Assets have shown consistent growth, from $1,267,147 in 2015 to $2,222,070 in 2023.
- Revenues consistently exceed expenses, generating an operational surplus.
Frequently Asked Questions about Elberon Bathing Club
Is Elberon Bathing Club a legitimate charity?
Elberon Bathing Club (EIN: 210444825) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $907K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Elberon Bathing Club spend its money?
Elberon Bathing Club directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Elberon Bathing Club tax-deductible?
Elberon Bathing Club is registered as a tax-exempt nonprofit (EIN: 210444825). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Elberon Bathing Club CEO make?
Elberon Bathing Club's highest-compensated officer earns $900,000 annually. The organization reported $907K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Elberon Bathing Club located?
Elberon Bathing Club is headquartered in Elberon, New Jersey and files with the IRS under EIN 210444825.
How many years of IRS 990 filings does Elberon Bathing Club have?
Elberon Bathing Club 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 $907K in total revenue.
What caused the significant increase in liabilities from $686,228 in 2022 to $1,248,904 in 2023?
The IRS 990 data shows a substantial jump in liabilities in the latest filing period (202312), which could be due to various factors such as new debt, deferred revenue, or significant capital expenditures. Further details from the full 990 form would be needed to understand the specific nature of this increase.
What are the primary program services provided by the Elberon Bathing Club?
The provided data does not specify the NTEE code or detailed program descriptions. To understand the primary program services, one would need to review the full IRS 990 form, specifically Part III, Statement of Program Service Accomplishments.
How does the organization manage its operational surplus given the consistent revenue exceeding expenses?
With revenues consistently exceeding expenses (e.g., $887,839 revenue vs. $827,784 expenses in 2023), the organization generates an operational surplus. This surplus likely contributes to the growth in assets, which increased from $1,599,339 in 2022 to $2,222,070 in 2023, suggesting reinvestment or accumulation of reserves.
Filing History
IRS 990 filing history for Elberon Bathing Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elberon Bathing Club's revenue has grown by 36.5%, moving from $650K to $888K. Total assets increased by 503% over the same period, from $369K to $2.2M. Total functional expenses rose by 25.3%, from $661K to $828K. In its most recent filing year (2023), Elberon Bathing Club reported a surplus of $60K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $2.2M in assets (debt-to-asset ratio: 56.2%), resulting in net assets of $973K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $888K | $828K | $2.2M | $1.2M | — | View 990 |
| 2022 | $866K | $787K | $1.6M | $686K | — | — |
| 2021 | $839K | $745K | $1.3M | $512K | — | View 990 |
| 2020 | $814K | $780K | $1.4M | $689K | — | View 990 |
| 2019 | $743K | $719K | $1.4M | $664K | — | View 990 |
| 2018 | $736K | $697K | $1.3M | $647K | — | View 990 |
| 2017 | $689K | $673K | $1.3M | $674K | — | View 990 |
| 2016 | $699K | $602K | $1.3M | $702K | — | View 990 |
| 2015 | $678K | $655K | $1.3M | $734K | — | View 990 |
| 2014 | $648K | $625K | $1.3M | $806K | — | View 990 |
| 2013 | $756K | $621K | $583K | $98K | — | View 990 |
| 2012 | $715K | $654K | $454K | $103K | — | View 990 |
| 2011 | $650K | $661K | $369K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $888K, expenses of $828K, and assets of $2.2M (revenue +2.5% year-over-year).
- 2022: Revenue of $866K, expenses of $787K, and assets of $1.6M (revenue +3.3% year-over-year).
- 2021: Revenue of $839K, expenses of $745K, and assets of $1.3M (revenue +3.0% year-over-year).
- 2020: Revenue of $814K, expenses of $780K, and assets of $1.4M (revenue +9.5% year-over-year).
- 2019: Revenue of $743K, expenses of $719K, and assets of $1.4M (revenue +1.0% year-over-year).
- 2018: Revenue of $736K, expenses of $697K, and assets of $1.3M (revenue +6.8% year-over-year).
- 2017: Revenue of $689K, expenses of $673K, and assets of $1.3M (revenue -1.4% year-over-year).
- 2016: Revenue of $699K, expenses of $602K, and assets of $1.3M (revenue +3.1% year-over-year).
- 2015: Revenue of $678K, expenses of $655K, and assets of $1.3M (revenue +4.8% year-over-year).
- 2014: Revenue of $648K, expenses of $625K, and assets of $1.3M (revenue -14.3% year-over-year).
- 2013: Revenue of $756K, expenses of $621K, and assets of $583K (revenue +5.7% year-over-year).
- 2012: Revenue of $715K, expenses of $654K, and assets of $454K (revenue +9.9% year-over-year).
- 2011: Revenue of $650K, expenses of $661K, and assets of $369K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elberon Bathing Club:
Data Sources and Methodology
This transparency report for Elberon Bathing 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.