Ocean City Beach Citizens Council
EIN: 300804251 · Sneads Ferry, NC · NTEE: S22
| Metric | Value |
|---|---|
| Total Revenue | $260K |
| Total Expenses | $16K |
| Net Assets | $-3,119 |
Is Ocean City Beach Citizens Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ocean City Beach Citizens Council
Ocean City Beach Citizens Council (EIN: 300804251) is a nonprofit organization based in Sneads Ferry, NC, classified under NTEE code S22. The organization reported total revenue of $260K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ocean City Beach Citizens Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ocean City Beach Citizens Council is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $16K |
| Surplus / Deficit | $-2,017 |
| Total Assets | $2K |
| Total Liabilities | $5K |
| Net Assets | $-3,119 |
| Operating Margin | -14.4% |
| Debt-to-Asset Ratio | 265.8% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, Ocean City Beach Citizens Council reported a deficit of $2K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 265.8% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Ocean City Beach Citizens Council's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -121.2% | +246.0% | +106.4% |
| 2021 | +143.0% | -28.6% | +331.7% |
| 2020 | -38.3% | -45.6% | -45.3% |
| 2019 | -50.3% | +70.4% | -69.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ocean City Beach Citizens Council has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ocean City Beach Citizens Council with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 265.8%.
Frequently Asked Questions about Ocean City Beach Citizens Council
Is Ocean City Beach Citizens Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Ocean City Beach Citizens Council (EIN: 300804251) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ocean City Beach Citizens Council spend its money?
Detailed spending breakdown data is not yet available for Ocean City Beach Citizens Council. Check back for updated IRS 990 analysis.
Are donations to Ocean City Beach Citizens Council tax-deductible?
Ocean City Beach Citizens Council is registered as a tax-exempt nonprofit (EIN: 300804251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ocean City Beach Citizens Council located?
Ocean City Beach Citizens Council is headquartered in Sneads Ferry, North Carolina and files with the IRS under EIN 300804251. It is classified under NTEE code S22.
How many years of IRS 990 filings does Ocean City Beach Citizens Council have?
Ocean City Beach Citizens Council has 8 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 $260K in total revenue.
Filing History
IRS 990 filing history for Ocean City Beach Citizens Council showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Ocean City Beach Citizens Council's revenue has declined by 39.6%, moving from $23K to $14K. Total assets decreased by 84.6% over the same period, from $12K to $2K. Total functional expenses fell by 54.4%, from $35K to $16K. In its most recent filing year (2023), Ocean City Beach Citizens Council reported a deficit of $2K, with expenses exceeding revenue. The organization holds $5K in liabilities against $2K in assets (debt-to-asset ratio: 265.8%), resulting in net assets of $-3,119.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $16K | $2K | $5K | — | View 990 |
| 2022 | $-1,995 | $9K | $31K | $33K | — | View 990 |
| 2021 | $9K | $3K | $15K | $5K | — | View 990 |
| 2020 | $4K | $4K | $4K | $0 | — | — |
| 2019 | $6K | $7K | $6K | $3K | — | View 990 |
| 2018 | $13K | $4K | $21K | $12K | — | View 990 |
| 2017 | $3K | $6K | $7K | $7K | — | View 990 |
| 2016 | $23K | $35K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $16K, and assets of $2K.
- 2022: Revenue of $-1,995, expenses of $9K, and assets of $31K (revenue -121.2% year-over-year).
- 2021: Revenue of $9K, expenses of $3K, and assets of $15K (revenue +143.0% year-over-year).
- 2020: Revenue of $4K, expenses of $4K, and assets of $4K (revenue -38.3% year-over-year).
- 2019: Revenue of $6K, expenses of $7K, and assets of $6K (revenue -50.3% year-over-year).
- 2018: Revenue of $13K, expenses of $4K, and assets of $21K (revenue +317.5% year-over-year).
- 2017: Revenue of $3K, expenses of $6K, and assets of $7K (revenue -86.9% year-over-year).
- 2016: Revenue of $23K, expenses of $35K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ocean City Beach Citizens Council:
Data Sources and Methodology
This transparency report for Ocean City Beach Citizens Council 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.