Ocean Beach And Bay Club
Ocean Beach And Bay Club shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 210649642 · Lavallette, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $874K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.3M |
| Transparency Score | 85/100 |
Is Ocean Beach And Bay Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ocean Beach And Bay Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ocean Beach And Bay Club
Ocean Beach And Bay Club (EIN: 210649642) is a nonprofit organization based in Lavallette, NJ. The organization reported total revenue of $1.5M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ocean Beach And Bay Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ocean Beach And Bay Club is a mid-size nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $874K |
| Surplus / Deficit | +$208K |
| Total Assets | $2.5M |
| Total Liabilities | $219K |
| Net Assets | $2.3M |
| Operating Margin | 19.2% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 34.2 months |
Financial Health Grade: A
In 2023, Ocean Beach And Bay Club reported a surplus of $208K with revenue exceeding expenses, holds 34.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ocean Beach And Bay Club's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | +1.2% | +20.3% |
| 2022 | +5.9% | +7.3% | +15.0% |
| 2021 | +1.9% | +2.0% | +14.2% |
| 2020 | -10.9% | +7.3% | +25.2% |
| 2019 | +39.8% | +2.8% | +52.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
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 Ocean Beach And Bay 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, Ocean Beach And Bay 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 $208K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through mechanisms not categorized as 'Officer Comp' on the 990, which is unusual for an organization with over $1 million in annual revenue.
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 Ocean Beach And Bay Club's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full efficiency assessment.
- Unclear how an organization with over $1 million in revenue operates with 0% reported officer compensation, warranting further inquiry into leadership structure and compensation practices.
Strengths
The following positive indicators were identified for Ocean Beach And Bay Club:
- Consistent revenue growth, from $671,229 in 2014 to $1,082,234 in 2023.
- Significant asset accumulation, growing from $612,993 in 2014 to $2,488,030 in 2023.
- Consistent operating surpluses, indicating sound financial management (e.g., $1,082,234 revenue vs. $874,180 expenses in 2023).
- No reported officer compensation, potentially indicating a highly volunteer-driven leadership.
Frequently Asked Questions about Ocean Beach And Bay Club
Is Ocean Beach And Bay Club a legitimate charity?
Ocean Beach And Bay Club (EIN: 210649642) 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. 4 strengths noted. Financial health grade: A.
How does Ocean Beach And Bay Club spend its money?
Ocean Beach And Bay Club directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ocean Beach And Bay Club tax-deductible?
Ocean Beach And Bay Club is registered as a tax-exempt nonprofit (EIN: 210649642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ocean Beach And Bay Club CEO make?
Ocean Beach And Bay Club's highest-compensated officer earns $1 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ocean Beach And Bay Club's spending goes to programs?
Ocean Beach And Bay Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ocean Beach And Bay Club located?
Ocean Beach And Bay Club is headquartered in Lavallette, New Jersey and files with the IRS under EIN 210649642.
How many years of IRS 990 filings does Ocean Beach And Bay Club have?
Ocean Beach And Bay 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.
What are the specific program activities of Ocean Beach And Bay Club?
The provided data does not detail the specific program activities. Further investigation into their IRS Form 990, Part III (Statement of Program Service Accomplishments) would be necessary to understand their mission-related work.
How does Ocean Beach And Bay Club manage to operate without reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that it is not reported under 'Officer Comp' on the IRS Form 990. This is a significant point for transparency and could indicate a highly dedicated volunteer board.
What is the breakdown of expenses between program services, administrative costs, and fundraising?
The summary data provided does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and would typically be found in Part IX of the IRS Form 990.
Filing History
IRS 990 filing history for Ocean Beach And Bay Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ocean Beach And Bay Club's revenue has grown by 81.5%, moving from $596K to $1.1M. Total assets increased by 349.9% over the same period, from $553K to $2.5M. Total functional expenses rose by 78.6%, from $489K to $874K. In its most recent filing year (2023), Ocean Beach And Bay Club reported a surplus of $208K, with revenue exceeding expenses. The organization holds $219K in liabilities against $2.5M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $874K | $2.5M | $219K | — | — |
| 2022 | $1.1M | $864K | $2.1M | $7K | — | — |
| 2021 | $1.1M | $805K | $1.8M | $14K | — | View 990 |
| 2020 | $1.1M | $789K | $1.6M | $62K | — | — |
| 2019 | $1.2M | $736K | $1.3M | $11K | — | View 990 |
| 2018 | $848K | $716K | $825K | $28K | — | View 990 |
| 2017 | $786K | $674K | $688K | $23K | — | — |
| 2016 | $782K | $727K | $579K | $26K | — | View 990 |
| 2015 | $704K | $775K | $566K | $68K | — | View 990 |
| 2014 | $671K | $726K | $613K | $44K | — | View 990 |
| 2013 | $931K | $964K | $661K | $38K | — | View 990 |
| 2012 | $672K | $542K | $677K | $21K | — | View 990 |
| 2011 | $596K | $489K | $553K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $874K, and assets of $2.5M (revenue -5.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $864K, and assets of $2.1M (revenue +5.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $805K, and assets of $1.8M (revenue +1.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $789K, and assets of $1.6M (revenue -10.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $736K, and assets of $1.3M (revenue +39.8% year-over-year).
- 2018: Revenue of $848K, expenses of $716K, and assets of $825K (revenue +7.8% year-over-year).
- 2017: Revenue of $786K, expenses of $674K, and assets of $688K (revenue +0.5% year-over-year).
- 2016: Revenue of $782K, expenses of $727K, and assets of $579K (revenue +11.1% year-over-year).
- 2015: Revenue of $704K, expenses of $775K, and assets of $566K (revenue +4.9% year-over-year).
- 2014: Revenue of $671K, expenses of $726K, and assets of $613K (revenue -27.9% year-over-year).
- 2013: Revenue of $931K, expenses of $964K, and assets of $661K (revenue +38.7% year-over-year).
- 2012: Revenue of $672K, expenses of $542K, and assets of $677K (revenue +12.7% year-over-year).
- 2011: Revenue of $596K, expenses of $489K, and assets of $553K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ocean Beach And Bay Club:
Data Sources and Methodology
This transparency report for Ocean Beach And Bay 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.