Monmouth Beach Club
Monmouth Beach Club consistently generates surpluses with no reported officer compensation.
EIN: 210516715 · Monmouth Bch, NJ · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $3.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3.7 |
| Net Assets | $4.9M |
| Transparency Score | 95/100 |
Is Monmouth Beach Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monmouth Beach Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monmouth Beach Club
Monmouth Beach Club (EIN: 210516715) is a nonprofit organization based in Monmouth Bch, NJ, classified under NTEE code N50. The organization reported total revenue of $4.7M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monmouth Beach Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monmouth Beach Club is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$145K |
| Total Assets | $5.1M |
| Total Liabilities | $228K |
| Net Assets | $4.9M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2023, Monmouth Beach Club reported a surplus of $145K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Monmouth Beach Club's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +6.1% | +2.7% |
| 2022 | +17.2% | +6.8% | +1.8% |
| 2021 | -1.4% | +13.6% | -5.0% |
| 2020 | +4.7% | +0.8% | +3.1% |
| 2019 | +2.8% | -1.4% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Monmouth Beach Club with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Monmouth Beach Club allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $145K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
Monmouth Beach Club reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size with over $3.7 million in annual revenue and $5 million in assets, suggesting a volunteer-led executive 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 Monmouth Beach Club:
- Consistent revenue generation exceeding expenses, leading to surpluses (e.g., $144,876 surplus in 2023).
- Zero reported officer compensation across all filings, indicating strong volunteer leadership and resource allocation.
- Healthy asset growth and low liabilities, demonstrating strong financial stability (Assets $5,134,898 vs. Liabilities $228,455 in 2023).
- Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
- Positive financial trend with increasing revenue in recent years (from $2,924,642 in 2021 to $3,769,776 in 2023).
Frequently Asked Questions about Monmouth Beach Club
Is Monmouth Beach Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Monmouth Beach Club (EIN: 210516715) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Monmouth Beach Club spend its money?
Monmouth Beach Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Monmouth Beach Club tax-deductible?
Monmouth Beach Club is registered as a tax-exempt nonprofit (EIN: 210516715). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Monmouth Beach Club CEO make?
Monmouth Beach Club's highest-compensated officer earns $3.7 annually. The organization reported $4.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Monmouth Beach Club's spending goes to programs?
Monmouth Beach Club directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Monmouth Beach Club compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Monmouth Beach 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 Monmouth Beach Club located?
Monmouth Beach Club is headquartered in Monmouth Bch, New Jersey and files with the IRS under EIN 210516715. It is classified under NTEE code N50.
How many years of IRS 990 filings does Monmouth Beach Club have?
Monmouth Beach 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 $4.7M in total revenue.
How does Monmouth Beach Club manage to operate without officer compensation?
The filings consistently show 0% officer compensation, suggesting that the executive leadership may be entirely volunteer-based, or compensated through other means not classified as 'officer compensation' on the 990, though the former is more likely given the consistent reporting.
What are the primary sources of Monmouth Beach Club's revenue?
While the provided data only shows total revenue, the consistent and substantial revenue figures (e.g., $3,769,776 in 2023) for a 'club' suggest significant income from membership fees, event fees, or facility usage.
Is the organization's asset growth sustainable?
Assets have grown from $4,999,755 in 2022 to $5,134,898 in 2023, alongside consistent revenue surpluses. This indicates sustainable growth and prudent financial management.
Filing History
IRS 990 filing history for Monmouth Beach Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monmouth Beach Club's revenue has grown by 40%, moving from $2.7M to $3.8M. Total assets increased by 6.2% over the same period, from $4.8M to $5.1M. Total functional expenses rose by 51.3%, from $2.4M to $3.6M. In its most recent filing year (2023), Monmouth Beach Club reported a surplus of $145K, with revenue exceeding expenses. The organization holds $228K in liabilities against $5.1M in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.6M | $5.1M | $228K | — | View 990 |
| 2022 | $3.4M | $3.4M | $5.0M | $176K | — | View 990 |
| 2021 | $2.9M | $3.2M | $4.9M | $155K | — | View 990 |
| 2020 | $3.0M | $2.8M | $5.2M | $139K | — | View 990 |
| 2019 | $2.8M | $2.8M | $5.0M | $132K | — | View 990 |
| 2018 | $2.8M | $2.8M | $4.9M | $95K | — | View 990 |
| 2017 | $2.6M | $2.7M | $5.1M | $138K | — | View 990 |
| 2016 | $2.6M | $2.7M | $5.1M | $96K | — | View 990 |
| 2015 | $3.0M | $2.6M | $5.2M | $81K | — | View 990 |
| 2014 | $2.9M | $2.8M | $6.0M | $972K | — | View 990 |
| 2013 | $3.2M | $2.4M | $6.6M | $1.7M | — | View 990 |
| 2012 | $2.8M | $2.4M | $4.8M | $646K | — | View 990 |
| 2011 | $2.7M | $2.4M | $4.8M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.6M, and assets of $5.1M (revenue +10.0% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.4M, and assets of $5.0M (revenue +17.2% year-over-year).
- 2021: Revenue of $2.9M, expenses of $3.2M, and assets of $4.9M (revenue -1.4% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.8M, and assets of $5.2M (revenue +4.7% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.8M, and assets of $5.0M (revenue +2.8% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.8M, and assets of $4.9M (revenue +6.4% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.7M, and assets of $5.1M (revenue +1.2% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.7M, and assets of $5.1M (revenue -13.3% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.6M, and assets of $5.2M (revenue +1.1% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.8M, and assets of $6.0M (revenue -8.0% year-over-year).
- 2013: Revenue of $3.2M, expenses of $2.4M, and assets of $6.6M (revenue +15.3% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.4M, and assets of $4.8M (revenue +2.3% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.4M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monmouth Beach Club:
Data Sources and Methodology
This transparency report for Monmouth Beach 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.