Italian American Social Club Of Little Egg Harbor
Italian American Social Club: Revenue Surge, High Administrative Costs
EIN: 222405481 · Ltl Egg Hbr, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $468K |
| Total Expenses | $143K |
| Program Spending | 5% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $153K |
| Transparency Score | 65/100 |
Is Italian American Social Club Of Little Egg Harbor Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Italian American Social Club Of Little Egg Harbor directs 5% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Italian American Social Club Of Little Egg Harbor
Italian American Social Club Of Little Egg Harbor (EIN: 222405481) is a nonprofit organization based in Ltl Egg Hbr, NJ. The organization reported total revenue of $468K and total assets of $222K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Italian American Social Club Of Little Egg Harbor's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Italian American Social Club Of Little Egg Harbor is a small nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $186K |
| Total Expenses | $143K |
| Surplus / Deficit | +$43K |
| Total Assets | $171K |
| Total Liabilities | $18K |
| Net Assets | $153K |
| Operating Margin | 23.3% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Italian American Social Club Of Little Egg Harbor reported a surplus of $43K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Italian American Social Club Of Little Egg Harbor's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +132.8% | +57.0% | +27.9% |
| 2022 | -17.3% | -4.3% | +10.7% |
| 2021 | +49.9% | +47.1% | -2.5% |
| 2020 | -19.2% | -12.1% | -0.1% |
| 2019 | -3.0% | +57.8% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Italian American Social Club Of Little Egg Harbor with a Mission Score of 65 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: 85%
- programs: 5%
- fundraising: 10%
According to IRS 990 filings, Italian American Social Club Of Little Egg Harbor allocates its expenses as follows: admin: 85%, programs: 5%, fundraising: 10%. Only 5% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating no salaries paid to key personnel.
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 Italian American Social Club Of Little Egg Harbor's IRS 990 filings:
- A substantial portion of expenses (85% in 2023) is allocated to administrative costs, raising questions about program efficiency.
- The organization reported a net loss of $17,875 in 2023, despite a significant revenue increase.
- The purpose of the organization is not clearly defined in the provided data ('nt' field is '?').
Strengths
The following positive indicators were identified for Italian American Social Club Of Little Egg Harbor:
- The organization has consistently maintained a positive asset balance over the years.
- No reported compensation for executives or key employees, which can be a positive for donor confidence.
- Significant revenue growth in 2023, indicating potential for increased activities or support.
Frequently Asked Questions about Italian American Social Club Of Little Egg Harbor
Is Italian American Social Club Of Little Egg Harbor a legitimate charity?
Based on AI analysis of IRS 990 filings, Italian American Social Club Of Little Egg Harbor (EIN: 222405481) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Italian American Social Club Of Little Egg Harbor spend its money?
Italian American Social Club Of Little Egg Harbor directs 5% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Italian American Social Club Of Little Egg Harbor tax-deductible?
Italian American Social Club Of Little Egg Harbor is registered as a tax-exempt nonprofit (EIN: 222405481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Italian American Social Club Of Little Egg Harbor CEO make?
Italian American Social Club Of Little Egg Harbor's highest-compensated officer earns $0 annually. The organization reported $468K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Italian American Social Club Of Little Egg Harbor's spending goes to programs?
Italian American Social Club Of Little Egg Harbor directs 5% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Italian American Social Club Of Little Egg Harbor located?
Italian American Social Club Of Little Egg Harbor is headquartered in Ltl Egg Hbr, New Jersey and files with the IRS under EIN 222405481.
How many years of IRS 990 filings does Italian American Social Club Of Little Egg Harbor have?
Italian American Social Club Of Little Egg Harbor has 14 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 $468K in total revenue.
What does Italian American Social Club Of Little Egg Harbor do?
Italian American Social Club Of Little Egg Harbor is a nonprofit organization in the Unknown sector, located in Ltl Egg Hbr, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Italian American Social Club Of Little Egg Harbor have?
Italian American Social Club Of Little Egg Harbor reported total revenue of $467,703. Based on 14 IRS 990 filings on record.
What are Italian American Social Club Of Little Egg Harbor's total assets?
Italian American Social Club Of Little Egg Harbor holds total assets of $222,306 as reported in IRS 990 filings.
Where is Italian American Social Club Of Little Egg Harbor located?
Italian American Social Club Of Little Egg Harbor is based in Ltl Egg Hbr, New Jersey.
What is Italian American Social Club Of Little Egg Harbor's EIN?
Italian American Social Club Of Little Egg Harbor's Employer Identification Number (EIN) is 222405481. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Italian American Social Club Of Little Egg Harbor?
Italian American Social Club Of Little Egg Harbor is classified under NTEE code Unknown (Unknown).
Is Italian American Social Club Of Little Egg Harbor a registered 501(c)(3)?
Italian American Social Club Of Little Egg Harbor appears in IRS records (EIN: 222405481). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Italian American Social Club Of Little Egg Harbor file IRS Form 990?
Yes, Italian American Social Club Of Little Egg Harbor has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Italian American Social Club Of Little Egg Harbor's revenue in 2023?
In the 202312 filing period, Italian American Social Club Of Little Egg Harbor reported total revenue of $186,371, total expenses of $142,923, and net assets of $171,280.
Is Italian American Social Club Of Little Egg Harbor's revenue growing or declining?
Italian American Social Club Of Little Egg Harbor's revenue is growing. Revenue went from $80,052 (202212) to $186,371 (202312), a +132.8% change. Based on 14 filings on record.
What is Italian American Social Club Of Little Egg Harbor's most recent 990 filing?
The most recent IRS Form 990 filing for Italian American Social Club Of Little Egg Harbor covers tax period 202312. It shows revenue of $186,371, expenses of $142,923, total assets of $171,280, and liabilities of $17,875.
How much does Italian American Social Club Of Little Egg Harbor spend on programs vs administration?
Based on IRS 990 analysis, Italian American Social Club Of Little Egg Harbor allocates approximately 5% of expenses to program services, 85% to administrative costs, and 10% to fundraising. Overhead costs appear high relative to program spending.
Is Italian American Social Club Of Little Egg Harbor a trustworthy charity?
Based on AI analysis of IRS 990 data, Italian American Social Club Of Little Egg Harbor shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Italian American Social Club Of Little Egg Harbor?
The following concerns were identified: A substantial portion of expenses (85% in 2023) is allocated to administrative costs, raising questions about program efficiency.. The organization reported a net loss of $17,875 in 2023, despite a significant revenue increase.. The purpose of the organization is not clearly defined in the provided data ('nt' field is '?').. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Italian American Social Club Of Little Egg Harbor's strengths?
Positive indicators for Italian American Social Club Of Little Egg Harbor include: The organization has consistently maintained a positive asset balance over the years.. No reported compensation for executives or key employees, which can be a positive for donor confidence.. Significant revenue growth in 2023, indicating potential for increased activities or support.. These findings are derived from AI analysis of the organization's financial filings.
How does Italian American Social Club Of Little Egg Harbor compensate executives?
Executive compensation is reported as $0 across all available filings, indicating no salaries paid to key personnel. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial administrative expenses and the 'social club' nature, what specific activities or services are categorized under 'programs'?
The data indicates that only a small percentage (5%) of expenses are allocated to programs, suggesting that the primary activities might be operational or social gatherings rather than direct charitable programs.
What factors contributed to the dramatic increase in revenue from $80,052 in 2022 to $186,371 in 2023, and how was this revenue utilized?
While revenue more than doubled in 2023, the majority of the increase appears to have been absorbed by increased expenses, particularly administrative, resulting in a net loss for the year.
Filing History
IRS 990 filing history for Italian American Social Club Of Little Egg Harbor showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Italian American Social Club Of Little Egg Harbor's revenue has grown by 266.9%, moving from $51K to $186K. Total assets increased by 73.8% over the same period, from $99K to $171K. Total functional expenses rose by 191.5%, from $49K to $143K. In its most recent filing year (2023), Italian American Social Club Of Little Egg Harbor reported a surplus of $43K, with revenue exceeding expenses. The organization holds $18K in liabilities against $171K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $153K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $186K | $143K | $171K | $18K | — | View 990 |
| 2022 | $80K | $91K | $134K | $24K | — | View 990 |
| 2021 | $97K | $95K | $121K | $0 | — | — |
| 2020 | $65K | $65K | $124K | $0 | — | — |
| 2019 | $80K | $74K | $124K | $0 | — | View 990 |
| 2018 | $83K | $47K | $118K | $0 | — | View 990 |
| 2017 | $47K | $30K | $86K | $4K | — | View 990 |
| 2016 | $54K | $31K | $75K | $9K | — | View 990 |
| 2015 | $53K | $35K | $68K | $25K | — | View 990 |
| 2014 | $54K | $45K | $66K | $42K | — | View 990 |
| 2013 | $20K | $60K | $47K | $0 | — | View 990 |
| 2012 | $50K | $45K | $178K | $0 | — | View 990 |
| 2011 | $28K | $60K | $66K | $0 | — | View 990 |
| 2010 | $51K | $49K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186K, expenses of $143K, and assets of $171K (revenue +132.8% year-over-year).
- 2022: Revenue of $80K, expenses of $91K, and assets of $134K (revenue -17.3% year-over-year).
- 2021: Revenue of $97K, expenses of $95K, and assets of $121K (revenue +49.9% year-over-year).
- 2020: Revenue of $65K, expenses of $65K, and assets of $124K (revenue -19.2% year-over-year).
- 2019: Revenue of $80K, expenses of $74K, and assets of $124K (revenue -3.0% year-over-year).
- 2018: Revenue of $83K, expenses of $47K, and assets of $118K (revenue +75.9% year-over-year).
- 2017: Revenue of $47K, expenses of $30K, and assets of $86K (revenue -13.7% year-over-year).
- 2016: Revenue of $54K, expenses of $31K, and assets of $75K (revenue +2.3% year-over-year).
- 2015: Revenue of $53K, expenses of $35K, and assets of $68K (revenue -2.0% year-over-year).
- 2014: Revenue of $54K, expenses of $45K, and assets of $66K (revenue +171.3% year-over-year).
- 2013: Revenue of $20K, expenses of $60K, and assets of $47K (revenue -60.4% year-over-year).
- 2012: Revenue of $50K, expenses of $45K, and assets of $178K (revenue +79.4% year-over-year).
- 2011: Revenue of $28K, expenses of $60K, and assets of $66K (revenue -44.6% year-over-year).
- 2010: Revenue of $51K, expenses of $49K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Italian American Social Club Of Little Egg Harbor:
Data Sources and Methodology
This transparency report for Italian American Social Club Of Little Egg Harbor 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.