Mantoloking Yacht Club
Mantoloking Yacht Club shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 210601679 · Mantoloking, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Mantoloking Yacht Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mantoloking Yacht Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mantoloking Yacht Club
Mantoloking Yacht Club (EIN: 210601679) is a nonprofit organization based in Mantoloking, NJ. The organization reported total revenue of $1.5M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mantoloking Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mantoloking Yacht Club is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$128K |
| Total Assets | $2.1M |
| Total Liabilities | $740K |
| Net Assets | $1.4M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 34.5% |
| Months of Reserves | 21.8 months |
Financial Health Grade: A
In 2023, Mantoloking Yacht Club reported a surplus of $128K with revenue exceeding expenses, holds 21.8 months of operating reserves (strong position), has a debt-to-asset ratio of 34.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mantoloking Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | +15.2% | +10.1% |
| 2022 | +7.9% | -5.8% | +8.9% |
| 2021 | +28.6% | +42.3% | +3.8% |
| 2020 | -4.3% | -21.1% | +9.7% |
| 2019 | -0.6% | +4.3% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Mantoloking 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mantoloking Yacht Club allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $128K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-led organization or that compensation is not classified under officer roles, which is highly favorable 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.
Red Flags
The following concerns were identified during AI analysis of Mantoloking Yacht Club's IRS 990 filings:
- NTEE code is unknown, limiting understanding of primary purpose and comparative analysis.
- Detailed expense breakdown (program vs. admin vs. fundraising) is not provided in the summary data, making precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Mantoloking Yacht Club:
- Consistent revenue growth, from $777,742 in 2014 to $1,310,156 in 2023.
- Healthy financial surpluses, with revenue consistently exceeding expenses (e.g., $128,482 surplus in 2023).
- Growing asset base, increasing from $1,463,520 in 2014 to $2,144,973 in 2023.
- Zero reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating regulatory compliance.
Frequently Asked Questions about Mantoloking Yacht Club
Is Mantoloking Yacht Club a legitimate charity?
Mantoloking Yacht Club (EIN: 210601679) 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: $1.5M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Mantoloking Yacht Club spend its money?
Mantoloking Yacht Club directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mantoloking Yacht Club tax-deductible?
Mantoloking Yacht Club is registered as a tax-exempt nonprofit (EIN: 210601679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mantoloking Yacht Club's spending goes to programs?
Mantoloking Yacht Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mantoloking Yacht Club located?
Mantoloking Yacht Club is headquartered in Mantoloking, New Jersey and files with the IRS under EIN 210601679.
How many years of IRS 990 filings does Mantoloking Yacht Club have?
Mantoloking 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 $1.5M in total revenue.
Is Mantoloking Yacht Club a good charity?
Based on the available financial data, the Mantoloking Yacht Club appears to be a financially healthy and well-managed organization. It consistently generates more revenue than expenses, has growing assets, and reports no officer compensation, which are all positive indicators. However, without knowing its specific mission and detailed program spending, it's difficult to fully assess its 'charitable' impact.
How has the organization's financial health changed over the last decade?
The organization's financial health has significantly improved over the last decade. Revenue has increased from $777,742 in 2014 to $1,310,156 in 2023, and assets have grown from $1,463,520 to $2,144,973 in the same period, indicating strong growth and stability.
What is the trend in the organization's liabilities?
Liabilities have shown a general upward trend, increasing from $375,767 in 2014 to $739,898 in 2023. While increasing, the organization's assets have grown at a faster rate, maintaining a healthy asset-to-liability ratio.
Filing History
IRS 990 filing history for Mantoloking Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mantoloking Yacht Club's revenue has grown by 76.2%, moving from $743K to $1.3M. Total assets increased by 58.3% over the same period, from $1.4M to $2.1M. Total functional expenses rose by 48.7%, from $795K to $1.2M. In its most recent filing year (2023), Mantoloking Yacht Club reported a surplus of $128K, with revenue exceeding expenses. The organization holds $740K in liabilities against $2.1M in assets (debt-to-asset ratio: 34.5%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $2.1M | $740K | — | — |
| 2022 | $1.2M | $1.0M | $1.9M | $680K | — | — |
| 2021 | $1.1M | $1.1M | $1.8M | $688K | — | View 990 |
| 2020 | $854K | $766K | $1.7M | $620K | — | — |
| 2019 | $892K | $970K | $1.6M | $556K | — | View 990 |
| 2018 | $898K | $930K | $1.6M | $522K | — | View 990 |
| 2017 | $889K | $906K | $1.6M | $487K | — | View 990 |
| 2016 | $898K | $844K | $1.6M | $469K | — | View 990 |
| 2015 | $831K | $835K | $1.5M | $421K | — | View 990 |
| 2014 | $778K | $809K | $1.5M | $376K | — | View 990 |
| 2013 | $699K | $731K | $1.5M | $333K | — | View 990 |
| 2012 | $862K | $782K | $1.5M | $315K | — | View 990 |
| 2011 | $743K | $795K | $1.4M | $283K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $2.1M (revenue +10.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.0M, and assets of $1.9M (revenue +7.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue +28.6% year-over-year).
- 2020: Revenue of $854K, expenses of $766K, and assets of $1.7M (revenue -4.3% year-over-year).
- 2019: Revenue of $892K, expenses of $970K, and assets of $1.6M (revenue -0.6% year-over-year).
- 2018: Revenue of $898K, expenses of $930K, and assets of $1.6M (revenue +1.0% year-over-year).
- 2017: Revenue of $889K, expenses of $906K, and assets of $1.6M (revenue -1.0% year-over-year).
- 2016: Revenue of $898K, expenses of $844K, and assets of $1.6M (revenue +8.1% year-over-year).
- 2015: Revenue of $831K, expenses of $835K, and assets of $1.5M (revenue +6.8% year-over-year).
- 2014: Revenue of $778K, expenses of $809K, and assets of $1.5M (revenue +11.3% year-over-year).
- 2013: Revenue of $699K, expenses of $731K, and assets of $1.5M (revenue -19.0% year-over-year).
- 2012: Revenue of $862K, expenses of $782K, and assets of $1.5M (revenue +16.0% year-over-year).
- 2011: Revenue of $743K, expenses of $795K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mantoloking Yacht Club:
Data Sources and Methodology
This transparency report for Mantoloking 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.