Princeton Terrace Club
Princeton Terrace Club: Strong Assets, Inconsistent Revenue, and High Program Spending
EIN: 221944189 · Princeton, NJ · NTEE: N50 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $3.2M |
| Transparency Score | 75/100 |
Is Princeton Terrace Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Princeton Terrace Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Princeton Terrace Club
Princeton Terrace Club (EIN: 221944189) is a nonprofit organization based in Princeton, NJ, classified under NTEE code N50. The organization reported total revenue of $1.8M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Terrace Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Terrace Club is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$197K |
| Total Assets | $3.2M |
| Total Liabilities | $2K |
| Net Assets | $3.2M |
| Operating Margin | 11.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 24.3 months |
Financial Health Grade: A
In 2024, Princeton Terrace Club reported a surplus of $197K with revenue exceeding expenses, holds 24.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2024), Princeton Terrace Club's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +28.1% | +17.4% | +6.6% |
| 2023 | +32.0% | +0.4% | +1.3% |
| 2022 | -17.5% | -8.9% | -12.7% |
| 2020 | -20.5% | +3.6% | -5.2% |
| 2019 | +1.7% | -6.7% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Princeton Terrace Club 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, Princeton Terrace Club 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $197K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led executive team or compensation below the IRS reporting threshold for key employees.
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 Princeton Terrace Club's IRS 990 filings:
- Significant fluctuations in revenue, with a drop from $2,303,734 in 2016 to $1,040,448 in 2022, could indicate instability in funding sources.
- The lack of reported executive compensation makes it difficult to assess the true cost of leadership and potential for conflicts of interest, even if it implies volunteer efforts.
Strengths
The following positive indicators were identified for Princeton Terrace Club:
- Consistent growth in assets, from $2,944,960 in 2016 to $3,160,457 in 2024, demonstrates strong financial stewardship.
- High percentage of spending on programs (85%) indicates a strong commitment to its mission.
- The organization has maintained a healthy asset base despite revenue fluctuations, showing resilience.
Frequently Asked Questions about Princeton Terrace Club
Is Princeton Terrace Club a legitimate charity?
Princeton Terrace Club (EIN: 221944189) 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: $1.8M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Princeton Terrace Club spend its money?
Princeton Terrace Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Princeton Terrace Club tax-deductible?
Princeton Terrace Club is registered as a tax-exempt nonprofit (EIN: 221944189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Princeton Terrace Club CEO make?
Princeton Terrace Club's highest-compensated officer earns $0 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Princeton Terrace Club's spending goes to programs?
Princeton Terrace Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Princeton Terrace Club compare to similar nonprofits?
With a transparency score of 75/100 (Good), Princeton Terrace Club is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Princeton Terrace Club located?
Princeton Terrace Club is headquartered in Princeton, New Jersey and files with the IRS under EIN 221944189. It is classified under NTEE code N50.
How many years of IRS 990 filings does Princeton Terrace Club have?
Princeton Terrace 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 $1.8M in total revenue.
What does Princeton Terrace Club do?
Princeton Terrace Club is a nonprofit organization in the Recreation & Sports sector, located in Princeton, New Jersey. It is classified under NTEE code N50.
How much revenue does Princeton Terrace Club have?
Princeton Terrace Club reported total revenue of $1,759,130. Based on 13 IRS 990 filings on record.
What are Princeton Terrace Club's total assets?
Princeton Terrace Club holds total assets of $3,160,457 as reported in IRS 990 filings.
Where is Princeton Terrace Club located?
Princeton Terrace Club is based in Princeton, New Jersey.
What is Princeton Terrace Club's EIN?
Princeton Terrace Club's Employer Identification Number (EIN) is 221944189. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Princeton Terrace Club?
Princeton Terrace Club is classified under NTEE code N50 (Recreation & Sports).
Is Princeton Terrace Club a registered 501(c)(3)?
Yes, Princeton Terrace Club is recognized as a tax-exempt organization by the IRS. EIN: 221944189.
Does Princeton Terrace Club file IRS Form 990?
Yes, Princeton Terrace Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Princeton Terrace Club's revenue in 2024?
In the 202406 filing period, Princeton Terrace Club reported total revenue of $1,759,130, total expenses of $1,562,292, and net assets of $3,160,457.
Is Princeton Terrace Club's revenue growing or declining?
Princeton Terrace Club's revenue is growing. Revenue went from $1,372,912 (202306) to $1,759,130 (202406), a +28.1% change. Based on 13 filings on record.
What is Princeton Terrace Club's most recent 990 filing?
The most recent IRS Form 990 filing for Princeton Terrace Club covers tax period 202406. It shows revenue of $1,759,130, expenses of $1,562,292, total assets of $3,160,457, and liabilities of $1,920.
How much does Princeton Terrace Club spend on programs vs administration?
Based on IRS 990 analysis, Princeton Terrace Club allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Princeton Terrace Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Princeton Terrace Club appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Princeton Terrace Club?
The following concerns were identified: Significant fluctuations in revenue, with a drop from $2,303,734 in 2016 to $1,040,448 in 2022, could indicate instability in funding sources.. The lack of reported executive compensation makes it difficult to assess the true cost of leadership and potential for conflicts of interest, even if it implies volunteer efforts.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Princeton Terrace Club's strengths?
Positive indicators for Princeton Terrace Club include: Consistent growth in assets, from $2,944,960 in 2016 to $3,160,457 in 2024, demonstrates strong financial stewardship.. High percentage of spending on programs (85%) indicates a strong commitment to its mission.. The organization has maintained a healthy asset base despite revenue fluctuations, showing resilience.. These findings are derived from AI analysis of the organization's financial filings.
How does Princeton Terrace Club compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led executive team or compensation below the IRS reporting threshold for key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how does the organization attract and retain qualified leadership to manage its significant assets and operations?
The consistent reporting of $0 for executive compensation suggests that the Princeton Terrace Club likely operates with a volunteer board and executive team, possibly leveraging alumni or community members dedicated to its mission. This model can be sustainable for organizations with strong community ties and a clear purpose, but it also relies heavily on the continued commitment of unpaid individuals.
Filing History
IRS 990 filing history for Princeton Terrace Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Princeton Terrace Club's revenue has grown by 20.8%, moving from $1.5M to $1.8M. Total assets increased by 0.2% over the same period, from $3.2M to $3.2M. Total functional expenses rose by 6%, from $1.5M to $1.6M. In its most recent filing year (2024), Princeton Terrace Club reported a surplus of $197K, with revenue exceeding expenses. The organization holds $2K in liabilities against $3.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $1.6M | $3.2M | $2K | — | View 990 |
| 2023 | $1.4M | $1.3M | $3.0M | $2K | — | View 990 |
| 2022 | $1.0M | $1.3M | $2.9M | $7K | — | View 990 |
| 2020 | $1.3M | $1.5M | $3.4M | $31K | — | View 990 |
| 2019 | $1.6M | $1.4M | $3.5M | $22K | — | View 990 |
| 2018 | $1.6M | $1.5M | $3.4M | $18K | — | View 990 |
| 2017 | $2.1M | $1.7M | $3.3M | $3K | — | View 990 |
| 2016 | $2.3M | $1.8M | $2.9M | $25K | — | View 990 |
| 2015 | $2.4M | $1.9M | $2.4M | $10K | — | View 990 |
| 2014 | $2.0M | $1.9M | $1.9M | $8K | — | View 990 |
| 2013 | $1.8M | $1.9M | $1.9M | $168K | — | View 990 |
| 2012 | $1.5M | $1.4M | $3.1M | $12K | — | View 990 |
| 2011 | $1.5M | $1.5M | $3.2M | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.8M, expenses of $1.6M, and assets of $3.2M (revenue +28.1% year-over-year).
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $3.0M (revenue +32.0% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.3M, and assets of $2.9M (revenue -17.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.5M, and assets of $3.4M (revenue -20.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $3.5M (revenue +1.7% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $3.4M (revenue -25.7% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.7M, and assets of $3.3M (revenue -8.9% year-over-year).
- 2016: Revenue of $2.3M, expenses of $1.8M, and assets of $2.9M (revenue -3.8% year-over-year).
- 2015: Revenue of $2.4M, expenses of $1.9M, and assets of $2.4M (revenue +20.2% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $1.9M (revenue +10.4% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.9M, and assets of $1.9M (revenue +21.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $3.1M (revenue +2.2% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Terrace Club:
Data Sources and Methodology
This transparency report for Princeton Terrace 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.