Long Branch Ice Boat And Yacht Club
Long Branch Ice Boat And Yacht Club: Stable Finances, Limited Public Information
EIN: 222609516 · Long Branch, NJ · Updated: 2026-04-04
Is Long Branch Ice Boat And Yacht Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Long Branch Ice Boat And Yacht Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Long Branch Ice Boat And Yacht Club
Long Branch Ice Boat And Yacht Club (EIN: 222609516) is a nonprofit organization based in Long Branch, NJ. The organization reported total revenue of $175K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Branch Ice Boat And Yacht Club'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 Long Branch Ice Boat And Yacht Club 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Long Branch Ice Boat And Yacht Club allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, suggesting it is either minimal or not applicable for this organization.
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 Long Branch Ice Boat And Yacht Club's IRS 990 filings:
- Lack of detailed program information makes it difficult to assess direct impact.
- No clear indication of how 'programs' are defined or what activities fall under this category in financial statements.
Strengths
The following positive indicators were identified for Long Branch Ice Boat And Yacht Club:
- Consistent revenue and asset base over several years, indicating financial stability.
- Low liability levels across all reported years, suggesting sound financial management.
- Assets significantly outweigh liabilities, providing a strong financial foundation.
Frequently Asked Questions about Long Branch Ice Boat And Yacht Club
Is Long Branch Ice Boat And Yacht Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Branch Ice Boat And Yacht Club (EIN: 222609516) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Long Branch Ice Boat And Yacht Club spend its money?
Long Branch Ice Boat And Yacht Club directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Branch Ice Boat And Yacht Club tax-deductible?
Long Branch Ice Boat And Yacht Club is registered as a tax-exempt nonprofit (EIN: 222609516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Long Branch Ice Boat And Yacht Club do?
Long Branch Ice Boat And Yacht Club is a nonprofit organization in the Unknown sector, located in Long Branch, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Long Branch Ice Boat And Yacht Club have?
Long Branch Ice Boat And Yacht Club reported total revenue of $174,688. Based on 13 IRS 990 filings on record.
What are Long Branch Ice Boat And Yacht Club's total assets?
Long Branch Ice Boat And Yacht Club holds total assets of $1,244,696 as reported in IRS 990 filings.
Where is Long Branch Ice Boat And Yacht Club located?
Long Branch Ice Boat And Yacht Club is based in Long Branch, New Jersey.
What is Long Branch Ice Boat And Yacht Club's EIN?
Long Branch Ice Boat And Yacht Club's Employer Identification Number (EIN) is 222609516. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Long Branch Ice Boat And Yacht Club?
Long Branch Ice Boat And Yacht Club is classified under NTEE code Unknown (Unknown).
Is Long Branch Ice Boat And Yacht Club a registered 501(c)(3)?
Long Branch Ice Boat And Yacht Club appears in IRS records (EIN: 222609516). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Long Branch Ice Boat And Yacht Club file IRS Form 990?
Yes, Long Branch Ice Boat And Yacht Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Long Branch Ice Boat And Yacht Club's revenue in 2023?
In the 202312 filing period, Long Branch Ice Boat And Yacht Club reported total revenue of $145,250, total expenses of $171,968, and net assets of $1,358,396.
Is Long Branch Ice Boat And Yacht Club's revenue growing or declining?
Long Branch Ice Boat And Yacht Club's revenue is relatively stable. Revenue went from $142,001 (202212) to $145,250 (202312), a +2.3% change. Based on 13 filings on record.
What is Long Branch Ice Boat And Yacht Club's most recent 990 filing?
The most recent IRS Form 990 filing for Long Branch Ice Boat And Yacht Club covers tax period 202312. It shows revenue of $145,250, expenses of $171,968, total assets of $1,358,396, and liabilities of $367.
How much does Long Branch Ice Boat And Yacht Club spend on programs vs administration?
Based on IRS 990 analysis, Long Branch Ice Boat And Yacht Club allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Long Branch Ice Boat And Yacht Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Long Branch Ice Boat And Yacht Club shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Long Branch Ice Boat And Yacht Club?
The following concerns were identified: Lack of detailed program information makes it difficult to assess direct impact.. No clear indication of how 'programs' are defined or what activities fall under this category in financial statements.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Long Branch Ice Boat And Yacht Club's strengths?
Positive indicators for Long Branch Ice Boat And Yacht Club include: Consistent revenue and asset base over several years, indicating financial stability.. Low liability levels across all reported years, suggesting sound financial management.. Assets significantly outweigh liabilities, providing a strong financial foundation.. These findings are derived from AI analysis of the organization's financial filings.
How does Long Branch Ice Boat And Yacht Club compensate executives?
Executive compensation is not reported in the provided filings, suggesting it is either minimal or not applicable for this organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Ice Boat And Yacht Club' name, what specific community or environmental programs, if any, does the organization undertake beyond member services?
The provided financial data does not detail specific program activities, making it unclear if community or environmental programs exist beyond general club operations and member benefits. Further investigation into their mission statement and annual reports would be needed.
How does the organization ensure its assets, which have grown to over $1.2 million, are being utilized to further its stated mission, especially without clear program expenditure details?
Without detailed program expenditure breakdowns, it's challenging to ascertain how the substantial assets are directly applied to mission-related activities. The financial data primarily shows revenue, expenses, and assets, but not the specific allocation to programs versus administrative or facility maintenance.
Filing History
IRS 990 filing history for Long Branch Ice Boat And Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Long Branch Ice Boat And Yacht Club's revenue has grown by 20.3%, moving from $121K to $145K. Total assets increased by 41.3% over the same period, from $961K to $1.4M. Total functional expenses rose by 50.5%, from $114K to $172K. In its most recent filing year (2023), Long Branch Ice Boat And Yacht Club reported a deficit of $27K, with expenses exceeding revenue. The organization holds $367 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $172K | $1.4M | $367 | — | View 990 |
| 2022 | $142K | $127K | $1.4M | $348 | — | View 990 |
| 2021 | $113K | $96K | $1.4M | $143 | — | — |
| 2020 | $120K | $84K | $1.2M | $851 | — | — |
| 2019 | $89K | $121K | $1.2M | $0 | — | View 990 |
| 2018 | $121K | $115K | $1.2M | $0 | — | View 990 |
| 2017 | $149K | $137K | $1.0M | $0 | — | View 990 |
| 2016 | $128K | $118K | $1.0M | $0 | — | View 990 |
| 2015 | $147K | $107K | $1.0M | $0 | — | View 990 |
| 2014 | $197K | $141K | $973K | $0 | — | View 990 |
| 2013 | $126K | $176K | $956K | $40K | — | View 990 |
| 2012 | $127K | $103K | $985K | $0 | — | View 990 |
| 2011 | $121K | $114K | $961K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $172K, and assets of $1.4M (revenue +2.3% year-over-year).
- 2022: Revenue of $142K, expenses of $127K, and assets of $1.4M (revenue +26.1% year-over-year).
- 2021: Revenue of $113K, expenses of $96K, and assets of $1.4M (revenue -5.9% year-over-year).
- 2020: Revenue of $120K, expenses of $84K, and assets of $1.2M (revenue +33.9% year-over-year).
- 2019: Revenue of $89K, expenses of $121K, and assets of $1.2M (revenue -26.0% year-over-year).
- 2018: Revenue of $121K, expenses of $115K, and assets of $1.2M (revenue -18.8% year-over-year).
- 2017: Revenue of $149K, expenses of $137K, and assets of $1.0M (revenue +16.1% year-over-year).
- 2016: Revenue of $128K, expenses of $118K, and assets of $1.0M (revenue -12.9% year-over-year).
- 2015: Revenue of $147K, expenses of $107K, and assets of $1.0M (revenue -25.6% year-over-year).
- 2014: Revenue of $197K, expenses of $141K, and assets of $973K (revenue +56.6% year-over-year).
- 2013: Revenue of $126K, expenses of $176K, and assets of $956K (revenue -0.4% year-over-year).
- 2012: Revenue of $127K, expenses of $103K, and assets of $985K (revenue +4.9% year-over-year).
- 2011: Revenue of $121K, expenses of $114K, and assets of $961K.
Data Sources and Methodology
This transparency report for Long Branch Ice Boat And 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.