Little Egg Harbor Yacht Club
Little Egg Harbor Yacht Club shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 210501115 · Beach Haven, NJ · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.4M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $3.6M |
| Transparency Score | 75/100 |
Is Little Egg Harbor Yacht Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Little Egg Harbor Yacht Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Little Egg Harbor Yacht Club
Little Egg Harbor Yacht Club (EIN: 210501115) is a nonprofit organization based in Beach Haven, NJ, classified under NTEE code N50. The organization reported total revenue of $1.8M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Egg Harbor Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Egg Harbor Yacht Club is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$55K |
| Total Assets | $3.7M |
| Total Liabilities | $117K |
| Net Assets | $3.6M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 31.8 months |
Financial Health Grade: A
In 2023, Little Egg Harbor Yacht Club reported a surplus of $55K with revenue exceeding expenses, holds 31.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Little Egg Harbor Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.7% | +12.7% | +0.8% |
| 2022 | +13.1% | +18.2% | +2.0% |
| 2021 | +14.3% | +8.9% | +3.4% |
| 2020 | -12.9% | -11.7% | +2.7% |
| 2019 | +7.9% | +5.7% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Little Egg Harbor Yacht Club 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Little Egg Harbor Yacht Club allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which is unusual for an organization of its size with assets nearing $4 million.
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 Little Egg Harbor Yacht Club's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting full efficiency assessment.
- Consistent 0% officer compensation for an organization of this size and revenue, which could indicate compensation is reported in other categories or a fully volunteer executive structure, warranting further inquiry for clarity.
Strengths
The following positive indicators were identified for Little Egg Harbor Yacht Club:
- Consistent revenue growth, from $976,739 in 2014 to $1,439,846 in 2023, demonstrating financial health.
- Positive net income in all reported periods, indicating sound financial management where revenues consistently exceed expenses.
- Growing asset base, increasing from $3,467,923 in 2014 to $3,671,876 in 2023, enhancing long-term stability.
- Low liabilities relative to assets, with liabilities at $117,136 against assets of $3,671,876 in 2023, suggesting strong financial solvency.
Frequently Asked Questions about Little Egg Harbor Yacht Club
Is Little Egg Harbor Yacht Club a legitimate charity?
Little Egg Harbor Yacht Club (EIN: 210501115) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Little Egg Harbor Yacht Club spend its money?
Little Egg Harbor Yacht Club directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Little Egg Harbor Yacht Club tax-deductible?
Little Egg Harbor Yacht Club is registered as a tax-exempt nonprofit (EIN: 210501115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Little Egg Harbor Yacht Club CEO make?
Little Egg Harbor Yacht Club's highest-compensated officer earns $4 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Little Egg Harbor Yacht Club's spending goes to programs?
Little Egg Harbor Yacht Club directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Little Egg Harbor Yacht Club compare to similar nonprofits?
With a transparency score of 75/100 (Good), Little Egg Harbor Yacht Club is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Little Egg Harbor Yacht Club located?
Little Egg Harbor Yacht Club is headquartered in Beach Haven, New Jersey and files with the IRS under EIN 210501115. It is classified under NTEE code N50.
How many years of IRS 990 filings does Little Egg Harbor Yacht Club have?
Little Egg Harbor Yacht 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 $1.8M in total revenue.
How does the Little Egg Harbor Yacht Club sustain operations without reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or compensated through mechanisms not classified as 'officer compensation' on the IRS Form 990, such as through a related entity or as general staff wages. This is a notable operational model for an organization with annual revenues exceeding $1 million.
What are the primary program activities of the Little Egg Harbor Yacht Club?
Based on its NTEE code N50 (Recreational, Sports, Leisure, Athletics - Boating & Sailing), the primary program activities likely revolve around promoting boating and sailing, providing recreational facilities, and potentially offering related educational or competitive events for its members. The provided data does not offer specific program details beyond this classification.
What is the trend in the organization's net assets over the past decade?
The organization's net assets have shown a consistent upward trend, growing from $3,467,923 in 2014 to $3,671,876 in 2023, indicating financial stability and an ability to retain funds for future use or investment after covering expenses.
Filing History
IRS 990 filing history for Little Egg Harbor Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Little Egg Harbor Yacht Club's revenue has grown by 45.9%, moving from $987K to $1.4M. Total assets increased by 5.5% over the same period, from $3.5M to $3.7M. Total functional expenses rose by 190%, from $478K to $1.4M. In its most recent filing year (2023), Little Egg Harbor Yacht Club reported a surplus of $55K, with revenue exceeding expenses. The organization holds $117K in liabilities against $3.7M in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $3.7M | $117K | — | View 990 |
| 2022 | $1.3M | $1.2M | $3.6M | $141K | — | View 990 |
| 2021 | $1.1M | $1.0M | $3.6M | $130K | — | View 990 |
| 2020 | $997K | $955K | $3.5M | $114K | — | — |
| 2019 | $1.1M | $1.1M | $3.4M | $67K | — | View 990 |
| 2018 | $1.1M | $1.0M | $3.3M | $85K | — | View 990 |
| 2017 | $1.1M | $1.0M | $3.4M | $162K | — | View 990 |
| 2016 | $1.0M | $994K | $3.3M | $229K | — | View 990 |
| 2015 | $1.1M | $1.0M | $3.4M | $336K | — | View 990 |
| 2014 | $977K | $909K | $3.5M | $428K | — | View 990 |
| 2013 | $1.0M | $880K | $3.6M | $580K | — | View 990 |
| 2012 | $974K | $896K | $3.5M | $649K | — | View 990 |
| 2011 | $987K | $478K | $3.5M | $710K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $3.7M (revenue +11.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $3.6M (revenue +13.1% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $3.6M (revenue +14.3% year-over-year).
- 2020: Revenue of $997K, expenses of $955K, and assets of $3.5M (revenue -12.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $3.4M (revenue +7.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.0M, and assets of $3.3M (revenue -3.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $3.4M (revenue +6.9% year-over-year).
- 2016: Revenue of $1.0M, expenses of $994K, and assets of $3.3M (revenue -3.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.0M, and assets of $3.4M (revenue +8.8% year-over-year).
- 2014: Revenue of $977K, expenses of $909K, and assets of $3.5M (revenue -2.7% year-over-year).
- 2013: Revenue of $1.0M, expenses of $880K, and assets of $3.6M (revenue +3.1% year-over-year).
- 2012: Revenue of $974K, expenses of $896K, and assets of $3.5M (revenue -1.3% year-over-year).
- 2011: Revenue of $987K, expenses of $478K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Egg Harbor Yacht Club:
Data Sources and Methodology
This transparency report for Little Egg Harbor 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.