Pastime Club Inc
Pastime Club Inc: Consistent Revenue Growth, High Program Spending
EIN: 221541191 · Mendham, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $438K |
| Total Expenses | $209K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $418K |
| Transparency Score | 75/100 |
Is Pastime Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pastime Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pastime Club Inc
Pastime Club Inc (EIN: 221541191) is a nonprofit organization based in Mendham, NJ. The organization reported total revenue of $438K and total assets of $449K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pastime Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pastime Club Inc is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $209K |
| Surplus / Deficit | +$17K |
| Total Assets | $425K |
| Total Liabilities | $7K |
| Net Assets | $418K |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 24.4 months |
Financial Health Grade: A
In 2023, Pastime Club Inc reported a surplus of $17K with revenue exceeding expenses, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pastime Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.5% | +31.9% | +4.8% |
| 2022 | +22.1% | +73.1% | +6.9% |
| 2021 | +119.6% | -5.4% | +18.6% |
| 2020 | -49.6% | -20.2% | -8.0% |
| 2019 | +-0.0% | +1.6% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Pastime 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Pastime Club Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very low-cost leadership 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.
Red Flags
The following concerns were identified during AI analysis of Pastime Club Inc's IRS 990 filings:
- Lack of detailed narrative on program activities in public filings makes it difficult to assess impact beyond financial metrics.
Strengths
The following positive indicators were identified for Pastime Club Inc:
- Consistent revenue growth from $68,733 in 2020 to $225,716 in 2023.
- Strong asset growth from $320,093 in 2020 to $425,124 in 2023.
- Very low administrative and fundraising expenses, suggesting efficient operations.
- Zero reported executive compensation indicates a highly dedicated volunteer or pro-bono leadership.
Frequently Asked Questions about Pastime Club Inc
Is Pastime Club Inc a legitimate charity?
Pastime Club Inc (EIN: 221541191) 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: $438K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Pastime Club Inc spend its money?
Pastime Club Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pastime Club Inc tax-deductible?
Pastime Club Inc is registered as a tax-exempt nonprofit (EIN: 221541191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pastime Club Inc CEO make?
Pastime Club Inc's highest-compensated officer earns $0 annually. The organization reported $438K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pastime Club Inc's spending goes to programs?
Pastime Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pastime Club Inc located?
Pastime Club Inc is headquartered in Mendham, New Jersey and files with the IRS under EIN 221541191.
How many years of IRS 990 filings does Pastime Club Inc have?
Pastime 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 $438K in total revenue.
What does Pastime Club Inc do?
Pastime Club Inc is a nonprofit organization in the Unknown sector, located in Mendham, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Pastime Club Inc have?
Pastime Club Inc reported total revenue of $437,699. Based on 13 IRS 990 filings on record.
What are Pastime Club Inc's total assets?
Pastime Club Inc holds total assets of $449,269 as reported in IRS 990 filings.
Where is Pastime Club Inc located?
Pastime Club Inc is based in Mendham, New Jersey.
What is Pastime Club Inc's EIN?
Pastime Club Inc's Employer Identification Number (EIN) is 221541191. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Pastime Club Inc?
Pastime Club Inc is classified under NTEE code Unknown (Unknown).
Is Pastime Club Inc a registered 501(c)(3)?
Pastime Club Inc appears in IRS records (EIN: 221541191). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Pastime Club Inc file IRS Form 990?
Yes, Pastime Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Pastime Club Inc's revenue in 2023?
In the 202312 filing period, Pastime Club Inc reported total revenue of $225,716, total expenses of $208,864, and net assets of $425,124.
Is Pastime Club Inc's revenue growing or declining?
Pastime Club Inc's revenue is growing. Revenue went from $184,270 (202212) to $225,716 (202312), a +22.5% change. Based on 13 filings on record.
What is Pastime Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Pastime Club Inc covers tax period 202312. It shows revenue of $225,716, expenses of $208,864, total assets of $425,124, and liabilities of $6,653.
How much does Pastime Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Pastime Club Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Pastime Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Pastime Club Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 4 strengths noted.
What are the red flags for Pastime Club Inc?
The following concerns were identified: Lack of detailed narrative on program activities in public filings makes it difficult to assess impact beyond financial metrics.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Pastime Club Inc's strengths?
Positive indicators for Pastime Club Inc include: Consistent revenue growth from $68,733 in 2020 to $225,716 in 2023.. Strong asset growth from $320,093 in 2020 to $425,124 in 2023.. Very low administrative and fundraising expenses, suggesting efficient operations.. Zero reported executive compensation indicates a highly dedicated volunteer or pro-bono leadership.. These findings are derived from AI analysis of the organization's financial filings.
How does Pastime Club Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very low-cost leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific programs or initiatives have driven this expansion, especially with $0 reported executive compensation?
The filings do not provide specific program details, but the financial growth suggests effective, possibly volunteer-driven, community engagement or fundraising efforts that are not tied to paid executive leadership.
How does Pastime Club Inc manage to maintain such low administrative and fundraising costs while achieving significant financial growth?
The low costs likely stem from a lean operational structure, reliance on volunteers for administrative and fundraising tasks, and potentially in-kind donations of services or facilities, which are not explicitly detailed in the provided financial snippets.
Filing History
IRS 990 filing history for Pastime Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pastime Club Inc's revenue has grown by 42.3%, moving from $159K to $226K. Total assets increased by 88% over the same period, from $226K to $425K. Total functional expenses rose by 18.4%, from $176K to $209K. In its most recent filing year (2023), Pastime Club Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $7K in liabilities against $425K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $209K | $425K | $7K | — | — |
| 2022 | $184K | $158K | $406K | $4K | — | View 990 |
| 2021 | $151K | $91K | $380K | $4K | — | — |
| 2020 | $69K | $97K | $320K | $4K | — | — |
| 2019 | $136K | $121K | $348K | $4K | — | View 990 |
| 2018 | $136K | $119K | $333K | $4K | — | View 990 |
| 2017 | $153K | $126K | $316K | $4K | — | View 990 |
| 2016 | $149K | $105K | $294K | $2K | — | View 990 |
| 2015 | $139K | $103K | $248K | $22K | — | View 990 |
| 2014 | $177K | $160K | $197K | $4K | — | View 990 |
| 2013 | $153K | $178K | $192K | $15K | — | View 990 |
| 2012 | $143K | $162K | $211K | $10K | — | View 990 |
| 2011 | $159K | $176K | $226K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $209K, and assets of $425K (revenue +22.5% year-over-year).
- 2022: Revenue of $184K, expenses of $158K, and assets of $406K (revenue +22.1% year-over-year).
- 2021: Revenue of $151K, expenses of $91K, and assets of $380K (revenue +119.6% year-over-year).
- 2020: Revenue of $69K, expenses of $97K, and assets of $320K (revenue -49.6% year-over-year).
- 2019: Revenue of $136K, expenses of $121K, and assets of $348K (revenue +-0.0% year-over-year).
- 2018: Revenue of $136K, expenses of $119K, and assets of $333K (revenue -10.9% year-over-year).
- 2017: Revenue of $153K, expenses of $126K, and assets of $316K (revenue +2.8% year-over-year).
- 2016: Revenue of $149K, expenses of $105K, and assets of $294K (revenue +7.1% year-over-year).
- 2015: Revenue of $139K, expenses of $103K, and assets of $248K (revenue -21.4% year-over-year).
- 2014: Revenue of $177K, expenses of $160K, and assets of $197K (revenue +15.5% year-over-year).
- 2013: Revenue of $153K, expenses of $178K, and assets of $192K (revenue +7.1% year-over-year).
- 2012: Revenue of $143K, expenses of $162K, and assets of $211K (revenue -9.7% year-over-year).
- 2011: Revenue of $159K, expenses of $176K, and assets of $226K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pastime Club Inc:
Data Sources and Methodology
This transparency report for Pastime 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.