Minisink Club Incorporated
Minisink Club: Consistent Revenue, High Program Spending, and Stable Financials
EIN: 221574423 · Chatham, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is Minisink Club Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Minisink Club Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Minisink Club Incorporated
Minisink Club Incorporated (EIN: 221574423) is a nonprofit organization based in Chatham, NJ. The organization reported total revenue of $1.2M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minisink Club Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minisink Club Incorporated is a mid-size nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$120K |
| Total Assets | $1.6M |
| Total Liabilities | $487K |
| Net Assets | $1.1M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 30.0% |
| Months of Reserves | 17.7 months |
Financial Health Grade: A
In 2023, Minisink Club Incorporated reported a surplus of $120K with revenue exceeding expenses, holds 17.7 months of operating reserves (strong position), has a debt-to-asset ratio of 30.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Minisink Club Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | -1.0% | +11.7% |
| 2022 | -0.1% | +9.0% | +4.8% |
| 2021 | +37.3% | +19.7% | +9.2% |
| 2020 | +6.6% | -2.2% | -1.1% |
| 2019 | +4.5% | +6.8% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
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 Minisink Club Incorporated 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Minisink Club Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or externally managed operational structure.
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 Minisink Club Incorporated:
- High percentage of expenses dedicated to programs (average ~85% over the last 5 years).
- Consistent revenue streams, generally above $1.2 million in recent years.
- Healthy asset base, consistently above $1.3 million, indicating financial stability.
- Low liabilities relative to assets, with a 'c0%' (cash balance) reported across all years, suggesting good liquidity.
Frequently Asked Questions about Minisink Club Incorporated
Is Minisink Club Incorporated a legitimate charity?
Minisink Club Incorporated (EIN: 221574423) 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: $1.2M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Minisink Club Incorporated spend its money?
Minisink Club Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Minisink Club Incorporated tax-deductible?
Minisink Club Incorporated is registered as a tax-exempt nonprofit (EIN: 221574423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Minisink Club Incorporated CEO make?
Minisink Club Incorporated's highest-compensated officer earns $0 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Minisink Club Incorporated's spending goes to programs?
Minisink Club Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Minisink Club Incorporated located?
Minisink Club Incorporated is headquartered in Chatham, New Jersey and files with the IRS under EIN 221574423.
How many years of IRS 990 filings does Minisink Club Incorporated have?
Minisink Club Incorporated 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 $1.2M in total revenue.
What does Minisink Club Incorporated do?
Minisink Club Incorporated is a nonprofit organization in the Unknown sector, located in Chatham, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Minisink Club Incorporated have?
Minisink Club Incorporated reported total revenue of $1,179,593. Based on 13 IRS 990 filings on record.
What are Minisink Club Incorporated's total assets?
Minisink Club Incorporated holds total assets of $1,588,397 as reported in IRS 990 filings.
Where is Minisink Club Incorporated located?
Minisink Club Incorporated is based in Chatham, New Jersey.
What is Minisink Club Incorporated's EIN?
Minisink Club Incorporated's Employer Identification Number (EIN) is 221574423. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Minisink Club Incorporated?
Minisink Club Incorporated is classified under NTEE code Unknown (Unknown).
Is Minisink Club Incorporated a registered 501(c)(3)?
Minisink Club Incorporated appears in IRS records (EIN: 221574423). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Minisink Club Incorporated file IRS Form 990?
Yes, Minisink Club Incorporated has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Minisink Club Incorporated's revenue in 2023?
In the 202309 filing period, Minisink Club Incorporated reported total revenue of $1,220,727, total expenses of $1,101,217, and net assets of $1,624,924.
Is Minisink Club Incorporated's revenue growing or declining?
Minisink Club Incorporated's revenue is relatively stable. Revenue went from $1,264,343 (202209) to $1,220,727 (202309), a -3.4% change. Based on 13 filings on record.
What is Minisink Club Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for Minisink Club Incorporated covers tax period 202309. It shows revenue of $1,220,727, expenses of $1,101,217, total assets of $1,624,924, and liabilities of $487,340.
How much does Minisink Club Incorporated spend on programs vs administration?
Based on IRS 990 analysis, Minisink Club Incorporated allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Minisink Club Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, Minisink Club Incorporated appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Minisink Club Incorporated's strengths?
Positive indicators for Minisink Club Incorporated include: High percentage of expenses dedicated to programs (average ~85% over the last 5 years).. Consistent revenue streams, generally above $1.2 million in recent years.. Healthy asset base, consistently above $1.3 million, indicating financial stability.. Low liabilities relative to assets, with a 'c0%' (cash balance) reported across all years, suggesting good liquidity.. These findings are derived from AI analysis of the organization's financial filings.
How does Minisink Club Incorporated compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or externally managed operational structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' reported for cash balance, what specific financial instruments or accounts hold the organization's liquid assets?
The 'c0%' likely refers to a specific line item on the Form 990 that is not applicable or zero for this organization, rather than a literal zero cash balance. Further investigation into the balance sheet details would be needed to identify specific liquid asset holdings beyond what is summarized in the provided data.
Filing History
IRS 990 filing history for Minisink Club Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minisink Club Incorporated's revenue has grown by 107.7%, moving from $588K to $1.2M. Total assets increased by 117.7% over the same period, from $746K to $1.6M. Total functional expenses rose by 88.5%, from $584K to $1.1M. In its most recent filing year (2023), Minisink Club Incorporated reported a surplus of $120K, with revenue exceeding expenses. The organization holds $487K in liabilities against $1.6M in assets (debt-to-asset ratio: 30.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.1M | $1.6M | $487K | — | View 990 |
| 2022 | $1.3M | $1.1M | $1.5M | $437K | — | View 990 |
| 2021 | $1.3M | $1.0M | $1.4M | $437K | — | View 990 |
| 2020 | $921K | $853K | $1.3M | $465K | — | — |
| 2019 | $864K | $872K | $1.3M | $495K | — | View 990 |
| 2018 | $827K | $816K | $1.4M | $520K | — | View 990 |
| 2017 | $833K | $712K | $1.4M | $544K | — | View 990 |
| 2016 | $788K | $705K | $770K | $71K | — | View 990 |
| 2015 | $768K | $636K | $731K | $140K | — | View 990 |
| 2014 | $697K | $723K | $631K | $210K | — | View 990 |
| 2013 | $708K | $699K | $654K | $223K | — | View 990 |
| 2012 | $664K | $685K | $691K | $258K | — | View 990 |
| 2011 | $588K | $584K | $746K | $294K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $1.6M (revenue -3.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.1M, and assets of $1.5M (revenue -0.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.0M, and assets of $1.4M (revenue +37.3% year-over-year).
- 2020: Revenue of $921K, expenses of $853K, and assets of $1.3M (revenue +6.6% year-over-year).
- 2019: Revenue of $864K, expenses of $872K, and assets of $1.3M (revenue +4.5% year-over-year).
- 2018: Revenue of $827K, expenses of $816K, and assets of $1.4M (revenue -0.7% year-over-year).
- 2017: Revenue of $833K, expenses of $712K, and assets of $1.4M (revenue +5.7% year-over-year).
- 2016: Revenue of $788K, expenses of $705K, and assets of $770K (revenue +2.6% year-over-year).
- 2015: Revenue of $768K, expenses of $636K, and assets of $731K (revenue +10.2% year-over-year).
- 2014: Revenue of $697K, expenses of $723K, and assets of $631K (revenue -1.5% year-over-year).
- 2013: Revenue of $708K, expenses of $699K, and assets of $654K (revenue +6.6% year-over-year).
- 2012: Revenue of $664K, expenses of $685K, and assets of $691K (revenue +12.9% year-over-year).
- 2011: Revenue of $588K, expenses of $584K, and assets of $746K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minisink Club Incorporated:
Data Sources and Methodology
This transparency report for Minisink Club Incorporated 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.