Monterey Beach Club Inc
Monterey Beach Club Inc. maintains stable finances with no reported officer compensation.
EIN: 210729901 · Lavallette, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $173K |
| Total Expenses | $159K |
| Program Spending | 80% |
| Net Assets | $442K |
| Transparency Score | 75/100 |
Is Monterey Beach Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monterey Beach Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monterey Beach Club Inc
Monterey Beach Club Inc (EIN: 210729901) is a nonprofit organization based in Lavallette, NJ. The organization reported total revenue of $173K and total assets of $452K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monterey Beach Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monterey Beach Club Inc is a small nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $159K |
| Surplus / Deficit | +$4K |
| Total Assets | $447K |
| Total Liabilities | $5K |
| Net Assets | $442K |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 33.8 months |
Financial Health Grade: A
In 2023, Monterey Beach Club Inc reported a surplus of $4K with revenue exceeding expenses, holds 33.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Monterey Beach Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | -0.2% | +1.1% |
| 2022 | +1.0% | +6.4% | -3.3% |
| 2021 | -7.1% | -1.5% | -0.4% |
| 2020 | +20.3% | +9.0% | +1.4% |
| 2019 | -13.7% | +13.3% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
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 Monterey Beach Club Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Monterey Beach Club Inc 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 $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, indicating a volunteer-led organization, which is highly favorable for resource allocation and donor trust.
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 Monterey Beach Club Inc's IRS 990 filings:
- NTEE code is unknown, making it difficult to understand the organization's specific mission and compare it to peers.
- Lack of detailed expense breakdown (program, administrative, fundraising) in the provided data limits transparency on spending efficiency.
Strengths
The following positive indicators were identified for Monterey Beach Club Inc:
- Consistent financial stability with revenues generally exceeding expenses.
- No reported officer compensation across all filings, indicating a volunteer-driven leadership and efficient use of funds.
- Healthy asset base with significantly decreasing liabilities over time, demonstrating strong financial management.
- Long filing history (13 filings) indicates consistent compliance and operational longevity.
Frequently Asked Questions about Monterey Beach Club Inc
Is Monterey Beach Club Inc a legitimate charity?
Monterey Beach Club Inc (EIN: 210729901) 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: $173K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Monterey Beach Club Inc spend its money?
Monterey Beach Club Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Monterey Beach Club Inc tax-deductible?
Monterey Beach Club Inc is registered as a tax-exempt nonprofit (EIN: 210729901). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Monterey Beach Club Inc's spending goes to programs?
Monterey Beach Club Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Monterey Beach Club Inc located?
Monterey Beach Club Inc is headquartered in Lavallette, New Jersey and files with the IRS under EIN 210729901.
How many years of IRS 990 filings does Monterey Beach Club Inc have?
Monterey Beach Club Inc 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 $173K in total revenue.
Is Monterey Beach Club Inc. a good charity?
Based on the available financial data, Monterey Beach Club Inc. appears to be a financially stable organization with no reported officer compensation, suggesting efficient use of funds. However, without detailed program spending information and an NTEE code, it's difficult to fully assess its programmatic impact and mission effectiveness.
How does Monterey Beach Club Inc. manage its finances?
The organization consistently manages its finances with revenues generally exceeding expenses, maintaining a stable asset base and low liabilities. For example, in 202312, revenue was $162,913 against expenses of $158,831, and assets were $447,336 with liabilities of $5,000.
What is the trend in the organization's assets and liabilities?
Assets have remained relatively stable, hovering around $450,000-$500,000 over the past decade. Liabilities have shown a positive trend, decreasing significantly from $114,490 in 201412 to just $5,000 in 202312, indicating improved financial health.
Filing History
IRS 990 filing history for Monterey Beach Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monterey Beach Club Inc's revenue has declined by 1.1%, moving from $165K to $163K. Total assets increased by 31% over the same period, from $341K to $447K. Total functional expenses rose by 33.8%, from $119K to $159K. In its most recent filing year (2023), Monterey Beach Club Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $5K in liabilities against $447K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $442K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $159K | $447K | $5K | — | — |
| 2022 | $161K | $159K | $442K | $1K | — | View 990 |
| 2021 | $160K | $150K | $457K | $18K | — | View 990 |
| 2020 | $172K | $152K | $459K | $30K | — | — |
| 2019 | $143K | $139K | $453K | $44K | — | View 990 |
| 2018 | $166K | $123K | $444K | $59K | — | View 990 |
| 2017 | $175K | $141K | $415K | $71K | — | View 990 |
| 2016 | $174K | $143K | $502K | $83K | — | View 990 |
| 2015 | $140K | $133K | $482K | $94K | — | View 990 |
| 2014 | $141K | $131K | $496K | $114K | — | View 990 |
| 2013 | $157K | $114K | $388K | $17K | — | View 990 |
| 2012 | $115K | $126K | $331K | $2K | — | View 990 |
| 2011 | $165K | $119K | $341K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $159K, and assets of $447K (revenue +0.9% year-over-year).
- 2022: Revenue of $161K, expenses of $159K, and assets of $442K (revenue +1.0% year-over-year).
- 2021: Revenue of $160K, expenses of $150K, and assets of $457K (revenue -7.1% year-over-year).
- 2020: Revenue of $172K, expenses of $152K, and assets of $459K (revenue +20.3% year-over-year).
- 2019: Revenue of $143K, expenses of $139K, and assets of $453K (revenue -13.7% year-over-year).
- 2018: Revenue of $166K, expenses of $123K, and assets of $444K (revenue -5.6% year-over-year).
- 2017: Revenue of $175K, expenses of $141K, and assets of $415K (revenue +1.0% year-over-year).
- 2016: Revenue of $174K, expenses of $143K, and assets of $502K (revenue +24.1% year-over-year).
- 2015: Revenue of $140K, expenses of $133K, and assets of $482K (revenue -0.9% year-over-year).
- 2014: Revenue of $141K, expenses of $131K, and assets of $496K (revenue -9.9% year-over-year).
- 2013: Revenue of $157K, expenses of $114K, and assets of $388K (revenue +36.0% year-over-year).
- 2012: Revenue of $115K, expenses of $126K, and assets of $331K (revenue -30.0% year-over-year).
- 2011: Revenue of $165K, expenses of $119K, and assets of $341K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monterey Beach Club Inc:
Data Sources and Methodology
This transparency report for Monterey Beach Club Inc 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.