Seabright Beach Club
Seabright Beach Club shows consistent revenue growth and strong asset accumulation with zero reported officer compensation.
EIN: 210559020 · Sea Bright, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $2.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $3.7M |
| Net Assets | $5.7M |
| Transparency Score | 70/100 |
Is Seabright Beach Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seabright Beach Club directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seabright Beach Club
Seabright Beach Club (EIN: 210559020) is a nonprofit organization based in Sea Bright, NJ. The organization reported total revenue of $3.7M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seabright Beach Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seabright Beach Club is a mid-size nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$222K |
| Total Assets | $5.8M |
| Total Liabilities | $40K |
| Net Assets | $5.7M |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 24.4 months |
Financial Health Grade: A
In 2023, Seabright Beach Club reported a surplus of $222K with revenue exceeding expenses, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seabright Beach Club's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.7% | +12.2% | +4.2% |
| 2022 | +14.7% | +11.7% | +2.9% |
| 2021 | +2.3% | +0.4% | +1.6% |
| 2020 | +6.9% | +3.7% | +1.3% |
| 2019 | +4.0% | +1.2% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
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 Seabright Beach Club with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Seabright Beach Club allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $222K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization of its size ($3.7M latest 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 Seabright Beach Club's IRS 990 filings:
- Unknown NTEE code, hindering mission clarity
- 0% officer compensation for an organization of this size is unusual and warrants further scrutiny into how leadership is compensated or structured
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency analysis
Strengths
The following positive indicators were identified for Seabright Beach Club:
- Consistent revenue growth over recent years (e.g., $2.3M in 2021 to $3.0M in 2023)
- Strong asset growth and accumulation ($5.2M in 2019 to $5.7M in 2023)
- Very low liabilities relative to assets, indicating strong financial health and minimal debt
- Consistent surplus generation in most recent years (e.g., $221,655 in 2023, $185,642 in 2022)
- Long history of IRS 990 filings (13 filings), indicating transparency in reporting
Frequently Asked Questions about Seabright Beach Club
Is Seabright Beach Club a legitimate charity?
Seabright Beach Club (EIN: 210559020) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.7M. 3 red flags identified. 5 strengths noted. Financial health grade: A.
How does Seabright Beach Club spend its money?
Seabright Beach Club directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Seabright Beach Club tax-deductible?
Seabright Beach Club is registered as a tax-exempt nonprofit (EIN: 210559020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seabright Beach Club CEO make?
Seabright Beach Club's highest-compensated officer earns $3.7M annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seabright Beach Club's spending goes to programs?
Seabright Beach Club directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Seabright Beach Club located?
Seabright Beach Club is headquartered in Sea Bright, New Jersey and files with the IRS under EIN 210559020.
How many years of IRS 990 filings does Seabright Beach Club have?
Seabright Beach 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 $3.7M in total revenue.
What is the NTEE code for Seabright Beach Club?
The NTEE code for Seabright Beach Club is currently unknown based on the provided data, which makes it difficult to categorize its specific mission and compare it to similar organizations.
How does Seabright Beach Club manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation. This could mean that the organization is entirely volunteer-run at the executive level, or that executive compensation is reported under different expense categories, which would require further investigation of the detailed 990 forms.
What are the primary program activities of Seabright Beach Club?
Without an NTEE code or a detailed breakdown of program expenses, the specific primary program activities of Seabright Beach Club cannot be determined from the provided data.
Is Seabright Beach Club financially stable?
Yes, Seabright Beach Club appears financially stable, consistently generating surpluses (e.g., $221,655 in 2023) and growing its assets from $4,912,312 in 2015 to $5,760,564 in 2023, while maintaining very low liabilities.
Filing History
IRS 990 filing history for Seabright Beach Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seabright Beach Club's revenue has grown by 87.5%, moving from $1.6M to $3.1M. Total assets increased by 219.9% over the same period, from $1.8M to $5.8M. Total functional expenses rose by 75.8%, from $1.6M to $2.8M. In its most recent filing year (2023), Seabright Beach Club reported a surplus of $222K, with revenue exceeding expenses. The organization holds $40K in liabilities against $5.8M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.8M | $5.8M | $40K | — | — |
| 2022 | $2.7M | $2.5M | $5.5M | $215 | — | — |
| 2021 | $2.4M | $2.3M | $5.4M | $715 | — | View 990 |
| 2020 | $2.3M | $2.3M | $5.3M | $14K | — | — |
| 2019 | $2.2M | $2.2M | $5.2M | $8K | — | View 990 |
| 2018 | $2.1M | $2.1M | $5.2M | $24K | — | View 990 |
| 2017 | $1.9M | $2.0M | $5.3M | $12K | — | View 990 |
| 2016 | $2.4M | $1.9M | $5.4M | $20K | — | View 990 |
| 2015 | $1.9M | $1.9M | $4.9M | $13K | — | View 990 |
| 2014 | $3.2M | $2.0M | $5.4M | $460K | — | View 990 |
| 2013 | $3.8M | $1.6M | $3.7M | $96K | — | View 990 |
| 2012 | $1.8M | $2.1M | $1.6M | $94K | — | View 990 |
| 2011 | $1.6M | $1.6M | $1.8M | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.8M, and assets of $5.8M (revenue +12.7% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.5M, and assets of $5.5M (revenue +14.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.3M, and assets of $5.4M (revenue +2.3% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.3M, and assets of $5.3M (revenue +6.9% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.2M, and assets of $5.2M (revenue +4.0% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $5.2M (revenue +11.1% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $5.3M (revenue -23.3% year-over-year).
- 2016: Revenue of $2.4M, expenses of $1.9M, and assets of $5.4M (revenue +31.3% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $4.9M (revenue -42.5% year-over-year).
- 2014: Revenue of $3.2M, expenses of $2.0M, and assets of $5.4M (revenue -14.1% year-over-year).
- 2013: Revenue of $3.8M, expenses of $1.6M, and assets of $3.7M (revenue +107.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $2.1M, and assets of $1.6M (revenue +11.5% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seabright Beach Club:
Data Sources and Methodology
This transparency report for Seabright Beach 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.