Greater Wildwood Yacht Club
Greater Wildwood Yacht Club maintains strong financial health with growing assets and no reported officer compensation.
EIN: 210728915 · Wildwood Crst, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $223K |
| Total Expenses | $143K |
| Program Spending | 80% |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Greater Wildwood Yacht Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Wildwood Yacht Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Wildwood Yacht Club
Greater Wildwood Yacht Club (EIN: 210728915) is a nonprofit organization based in Wildwood Crst, NJ. The organization reported total revenue of $223K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Wildwood Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Wildwood Yacht Club is a small nonprofit that has been operating for 61 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $143K |
| Surplus / Deficit | +$66K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 31.5% |
| Months of Reserves | 88.2 months |
Financial Health Grade: A
In 2023, Greater Wildwood Yacht Club reported a surplus of $66K with revenue exceeding expenses, holds 88.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Greater Wildwood Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.8% | -14.1% | +6.7% |
| 2022 | +23.4% | +45.1% | +4.6% |
| 2021 | +27.2% | +16.5% | +6.3% |
| 2020 | -16.1% | -18.7% | +12.1% |
| 2018 | +11.2% | +20.5% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Greater Wildwood Yacht 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: 80%
- fundraising: 10%
According to IRS 990 filings, Greater Wildwood Yacht Club allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $66K, with revenue exceeding expenses.
Executive Compensation Analysis
The Greater Wildwood Yacht Club consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through non-officer channels, which is a positive sign for resource allocation.
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 Greater Wildwood Yacht Club:
- Consistent asset growth, from $912,636 in 2013 to $1,052,825 in 2023.
- Zero reported liabilities in recent years (2020-2023), indicating strong financial stability.
- No officer compensation reported across all filings, suggesting efficient use of funds.
- Consistent generation of surpluses, with revenue exceeding expenses in most years (e.g., $209,070 revenue vs. $143,211 expenses in 2023).
Frequently Asked Questions about Greater Wildwood Yacht Club
Is Greater Wildwood Yacht Club a legitimate charity?
Greater Wildwood Yacht Club (EIN: 210728915) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $223K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Greater Wildwood Yacht Club spend its money?
Greater Wildwood Yacht Club directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Greater Wildwood Yacht Club tax-deductible?
Greater Wildwood Yacht Club is registered as a tax-exempt nonprofit (EIN: 210728915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater Wildwood Yacht Club's spending goes to programs?
Greater Wildwood Yacht Club directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Greater Wildwood Yacht Club located?
Greater Wildwood Yacht Club is headquartered in Wildwood Crst, New Jersey and files with the IRS under EIN 210728915.
How many years of IRS 990 filings does Greater Wildwood Yacht Club have?
Greater Wildwood Yacht Club has 12 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 $223K in total revenue.
What are the specific program activities of the Greater Wildwood Yacht Club?
While the financial data indicates strong financial health, the NTEE code is unknown and detailed program activities are not specified in the provided financial summary. Further investigation into their mission statement and public-facing information would be needed to understand their specific programs.
How does the organization manage to have zero liabilities in recent years?
The consistent reporting of $0 liabilities from 2020-2023 suggests excellent financial management, possibly indicating that the organization operates on a cash basis, pays off obligations promptly, or has minimal external debt.
What is the source of the organization's revenue?
The provided data only shows total revenue. To understand the sources (e.g., membership dues, events, donations), one would need to examine the detailed revenue schedules within the full IRS 990 forms.
Filing History
IRS 990 filing history for Greater Wildwood Yacht Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Greater Wildwood Yacht Club's revenue has grown by 102.1%, moving from $103K to $209K. Total assets increased by 33.2% over the same period, from $790K to $1.1M. Total functional expenses rose by 43.5%, from $100K to $143K. In its most recent filing year (2023), Greater Wildwood Yacht Club reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $143K | $1.1M | $0 | — | — |
| 2022 | $211K | $167K | $987K | $0 | — | View 990 |
| 2021 | $171K | $115K | $944K | $1K | — | View 990 |
| 2020 | $134K | $99K | $888K | $0 | — | — |
| 2018 | $160K | $121K | $792K | $0 | — | View 990 |
| 2017 | $144K | $101K | $821K | $68K | — | View 990 |
| 2016 | $137K | $110K | $798K | $88K | — | View 990 |
| 2015 | $133K | $135K | $780K | $97K | — | View 990 |
| 2014 | $129K | $188K | $850K | $166K | — | View 990 |
| 2013 | $291K | $163K | $913K | $170K | — | View 990 |
| 2012 | $109K | $109K | $717K | $0 | — | View 990 |
| 2011 | $103K | $100K | $790K | $176K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $143K, and assets of $1.1M (revenue -0.8% year-over-year).
- 2022: Revenue of $211K, expenses of $167K, and assets of $987K (revenue +23.4% year-over-year).
- 2021: Revenue of $171K, expenses of $115K, and assets of $944K (revenue +27.2% year-over-year).
- 2020: Revenue of $134K, expenses of $99K, and assets of $888K (revenue -16.1% year-over-year).
- 2018: Revenue of $160K, expenses of $121K, and assets of $792K (revenue +11.2% year-over-year).
- 2017: Revenue of $144K, expenses of $101K, and assets of $821K (revenue +4.9% year-over-year).
- 2016: Revenue of $137K, expenses of $110K, and assets of $798K (revenue +2.9% year-over-year).
- 2015: Revenue of $133K, expenses of $135K, and assets of $780K (revenue +3.5% year-over-year).
- 2014: Revenue of $129K, expenses of $188K, and assets of $850K (revenue -55.6% year-over-year).
- 2013: Revenue of $291K, expenses of $163K, and assets of $913K (revenue +166.2% year-over-year).
- 2012: Revenue of $109K, expenses of $109K, and assets of $717K (revenue +5.6% year-over-year).
- 2011: Revenue of $103K, expenses of $100K, and assets of $790K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Wildwood Yacht Club:
Data Sources and Methodology
This transparency report for Greater Wildwood 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.