Ocean County Artists Guild Inc
EIN: 237420558 · Island Hgts, NJ · NTEE: A900
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $152K |
| Net Assets | $297K |
Is Ocean County Artists Guild Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ocean County Artists Guild Inc
Ocean County Artists Guild Inc (EIN: 237420558) is a nonprofit organization based in Island Hgts, NJ, classified under NTEE code A900. The organization reported total revenue of $166K and total assets of $382K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ocean County Artists Guild Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ocean County Artists Guild Inc is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $152K |
| Surplus / Deficit | $-34,948 |
| Total Assets | $408K |
| Total Liabilities | $112K |
| Net Assets | $297K |
| Operating Margin | -29.7% |
| Debt-to-Asset Ratio | 27.3% |
| Months of Reserves | 32.1 months |
Financial Health Grade: B
In 2023, Ocean County Artists Guild Inc reported a deficit of $35K with expenses exceeding revenue, holds 32.1 months of operating reserves (strong position), has a debt-to-asset ratio of 27.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ocean County Artists Guild Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.5% | +3.7% | -12.6% |
| 2022 | -17.5% | +28.4% | +6.3% |
| 2021 | +98.8% | +39.3% | +13.9% |
| 2020 | -30.7% | -28.2% | -0.4% |
| 2019 | +12.0% | +9.4% | +23.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ocean County Artists Guild Inc 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 County Artists Guild Inc 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 $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.3%.
Frequently Asked Questions about Ocean County Artists Guild Inc
Is Ocean County Artists Guild Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ocean County Artists Guild Inc (EIN: 237420558) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ocean County Artists Guild Inc spend its money?
Detailed spending breakdown data is not yet available for Ocean County Artists Guild Inc. Check back for updated IRS 990 analysis.
Are donations to Ocean County Artists Guild Inc tax-deductible?
Ocean County Artists Guild Inc is registered as a tax-exempt nonprofit (EIN: 237420558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ocean County Artists Guild Inc located?
Ocean County Artists Guild Inc is headquartered in Island Hgts, New Jersey and files with the IRS under EIN 237420558. It is classified under NTEE code A900.
How many years of IRS 990 filings does Ocean County Artists Guild Inc have?
Ocean County Artists Guild 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 $166K in total revenue.
Filing History
IRS 990 filing history for Ocean County Artists Guild Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ocean County Artists Guild Inc's revenue has declined by 19.7%, moving from $146K to $118K. Total assets decreased by 2.7% over the same period, from $420K to $408K. Total functional expenses rose by 15.1%, from $132K to $152K. In its most recent filing year (2023), Ocean County Artists Guild Inc reported a deficit of $35K, with expenses exceeding revenue. The organization holds $112K in liabilities against $408K in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $297K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $152K | $408K | $112K | — | View 990 |
| 2022 | $133K | $147K | $467K | $135K | — | View 990 |
| 2021 | $161K | $115K | $439K | $93K | — | View 990 |
| 2020 | $81K | $82K | $386K | $86K | — | View 990 |
| 2019 | $117K | $114K | $388K | $87K | — | View 990 |
| 2018 | $104K | $105K | $313K | $15K | — | View 990 |
| 2017 | $100K | $106K | $327K | $28K | — | — |
| 2016 | $103K | $109K | $335K | $31K | — | View 990 |
| 2015 | $129K | $117K | $357K | $47K | — | View 990 |
| 2014 | $114K | $118K | $355K | $56K | — | View 990 |
| 2013 | $122K | $134K | $373K | $70K | — | View 990 |
| 2012 | $114K | $136K | $392K | $79K | — | View 990 |
| 2011 | $146K | $132K | $420K | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $152K, and assets of $408K (revenue -11.5% year-over-year).
- 2022: Revenue of $133K, expenses of $147K, and assets of $467K (revenue -17.5% year-over-year).
- 2021: Revenue of $161K, expenses of $115K, and assets of $439K (revenue +98.8% year-over-year).
- 2020: Revenue of $81K, expenses of $82K, and assets of $386K (revenue -30.7% year-over-year).
- 2019: Revenue of $117K, expenses of $114K, and assets of $388K (revenue +12.0% year-over-year).
- 2018: Revenue of $104K, expenses of $105K, and assets of $313K (revenue +3.9% year-over-year).
- 2017: Revenue of $100K, expenses of $106K, and assets of $327K (revenue -2.5% year-over-year).
- 2016: Revenue of $103K, expenses of $109K, and assets of $335K (revenue -19.9% year-over-year).
- 2015: Revenue of $129K, expenses of $117K, and assets of $357K (revenue +12.8% year-over-year).
- 2014: Revenue of $114K, expenses of $118K, and assets of $355K (revenue -6.7% year-over-year).
- 2013: Revenue of $122K, expenses of $134K, and assets of $373K (revenue +7.5% year-over-year).
- 2012: Revenue of $114K, expenses of $136K, and assets of $392K (revenue -22.3% year-over-year).
- 2011: Revenue of $146K, expenses of $132K, and assets of $420K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ocean County Artists Guild Inc:
Data Sources and Methodology
This transparency report for Ocean County Artists Guild 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.