Shore Acres Club Inc
Shore Acres Club Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 210719098 · Brick, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $171K |
| Total Expenses | $125K |
| Program Spending | 80% |
| Net Assets | $524K |
| Transparency Score | 75/100 |
Is Shore Acres Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shore Acres Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shore Acres Club Inc
Shore Acres Club Inc (EIN: 210719098) is a nonprofit organization based in Brick, NJ. The organization reported total revenue of $171K and total assets of $704K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shore Acres Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shore Acres Club Inc is a small nonprofit that has been operating for 53 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $125K |
| Surplus / Deficit | +$46K |
| Total Assets | $704K |
| Total Liabilities | $179K |
| Net Assets | $524K |
| Operating Margin | 26.8% |
| Debt-to-Asset Ratio | 25.5% |
| Months of Reserves | 67.6 months |
Financial Health Grade: A
In 2021, Shore Acres Club Inc reported a surplus of $46K with revenue exceeding expenses, holds 67.6 months of operating reserves (strong position), has a debt-to-asset ratio of 25.5% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Shore Acres Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +37.0% | +26.1% | +5.7% |
| 2020 | -2.0% | +14.5% | +3.0% |
| 2019 | +0.9% | +42.9% | +5.1% |
| 2018 | +58.1% | +33.3% | +26.7% |
| 2017 | +6.7% | +4.0% | +55.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Shore Acres 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Shore Acres Club Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.5%.
Executive Compensation Analysis
Shore Acres Club Inc has consistently reported 0% officer compensation across all available filings, suggesting a volunteer-led structure or that executive compensation is below IRS reporting thresholds, which is favorable for donor perception of financial stewardship.
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 Shore Acres Club Inc's IRS 990 filings:
- Unknown NTEE code makes mission assessment difficult
- Lack of detailed expense breakdown beyond total expenses
- Significant increase in liabilities from $0 in 2016 to $179,416 in 2021 without clear explanation
Strengths
The following positive indicators were identified for Shore Acres Club Inc:
- Consistent revenue growth over the past decade (from $72,104 in 2012 to $170,772 in 2021)
- Strong asset accumulation, growing from $180,709 in 2012 to $703,823 in 2021
- Expenses consistently lower than revenue, indicating sound financial management
- No reported officer compensation across all filings, suggesting efficient use of funds for leadership or volunteer-led operations
Frequently Asked Questions about Shore Acres Club Inc
Is Shore Acres Club Inc a legitimate charity?
Shore Acres Club Inc (EIN: 210719098) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $171K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Shore Acres Club Inc spend its money?
Shore Acres Club Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Shore Acres Club Inc tax-deductible?
Shore Acres Club Inc is registered as a tax-exempt nonprofit (EIN: 210719098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shore Acres Club Inc's spending goes to programs?
Shore Acres Club Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Shore Acres Club Inc located?
Shore Acres Club Inc is headquartered in Brick, New Jersey and files with the IRS under EIN 210719098.
How many years of IRS 990 filings does Shore Acres Club Inc have?
Shore Acres Club Inc has 11 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 $171K in total revenue.
What is the specific mission of Shore Acres Club Inc, given its NTEE code is unknown?
Without an NTEE code or mission statement, it's difficult to ascertain the specific programmatic focus of Shore Acres Club Inc. This information is crucial for evaluating its impact.
How does Shore Acres Club Inc allocate its expenses between program services, administrative costs, and fundraising?
The provided data only shows total expenses. A detailed breakdown is needed to assess spending efficiency and ensure a high percentage of funds go towards direct program services.
What are the primary sources of revenue for Shore Acres Club Inc?
The filings show total revenue, but not the breakdown (e.g., donations, membership fees, program service revenue). Understanding revenue sources can indicate sustainability and community support.
Why have liabilities increased significantly from $0 in 2016 to $179,416 in 2021?
The sudden increase in liabilities warrants further investigation to understand its nature (e.g., mortgages, loans, deferred revenue) and its impact on the organization's financial health.
Filing History
IRS 990 filing history for Shore Acres Club Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Shore Acres Club Inc's revenue has grown by 132.3%, moving from $74K to $171K. Total assets increased by 209.8% over the same period, from $227K to $704K. Total functional expenses rose by 71.6%, from $73K to $125K. In its most recent filing year (2021), Shore Acres Club Inc reported a surplus of $46K, with revenue exceeding expenses. The organization holds $179K in liabilities against $704K in assets (debt-to-asset ratio: 25.5%), resulting in net assets of $524K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $171K | $125K | $704K | $179K | — | — |
| 2020 | $125K | $99K | $666K | $187K | — | — |
| 2019 | $127K | $87K | $646K | $193K | — | — |
| 2018 | $126K | $61K | $615K | $202K | — | View 990 |
| 2017 | $80K | $45K | $485K | $138K | — | — |
| 2016 | $75K | $44K | $313K | $0 | — | View 990 |
| 2015 | $71K | $50K | $282K | $0 | — | View 990 |
| 2014 | $91K | $31K | $261K | $0 | — | View 990 |
| 2013 | $56K | $49K | $201K | $0 | — | View 990 |
| 2012 | $72K | $72K | $181K | $0 | — | View 990 |
| 2011 | $74K | $73K | $227K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $171K, expenses of $125K, and assets of $704K (revenue +37.0% year-over-year).
- 2020: Revenue of $125K, expenses of $99K, and assets of $666K (revenue -2.0% year-over-year).
- 2019: Revenue of $127K, expenses of $87K, and assets of $646K (revenue +0.9% year-over-year).
- 2018: Revenue of $126K, expenses of $61K, and assets of $615K (revenue +58.1% year-over-year).
- 2017: Revenue of $80K, expenses of $45K, and assets of $485K (revenue +6.7% year-over-year).
- 2016: Revenue of $75K, expenses of $44K, and assets of $313K (revenue +5.1% year-over-year).
- 2015: Revenue of $71K, expenses of $50K, and assets of $282K (revenue -21.7% year-over-year).
- 2014: Revenue of $91K, expenses of $31K, and assets of $261K (revenue +61.3% year-over-year).
- 2013: Revenue of $56K, expenses of $49K, and assets of $201K (revenue -21.8% year-over-year).
- 2012: Revenue of $72K, expenses of $72K, and assets of $181K (revenue -1.9% year-over-year).
- 2011: Revenue of $74K, expenses of $73K, and assets of $227K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shore Acres Club Inc:
Data Sources and Methodology
This transparency report for Shore Acres 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.