Shore Athletic Club Of New Jersey
Shore Athletic Club: Strong Mission, Low Transparency
EIN: 222386529 · Spring Lake, NJ · NTEE: N99 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $235K |
| Program Spending | 90% |
| Net Assets | $45K |
| Transparency Score | 85/100 |
Is Shore Athletic Club Of New Jersey Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shore Athletic Club Of New Jersey directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shore Athletic Club Of New Jersey
Shore Athletic Club Of New Jersey (EIN: 222386529) is a nonprofit organization based in Spring Lake, NJ, classified under NTEE code N99. The organization reported total revenue of $269K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shore Athletic Club Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shore Athletic Club Of New Jersey is a small nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $265K |
| Total Expenses | $235K |
| Surplus / Deficit | +$30K |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | 11.3% |
| Months of Reserves | 2.3 months |
Financial Health Grade: A
In 2023, Shore Athletic Club Of New Jersey reported a surplus of $30K with revenue exceeding expenses, holds 2.3 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
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 Athletic Club Of New Jersey with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Shore Athletic Club Of New Jersey allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $30K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation figures are reported in the available filings.
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 Athletic Club Of New Jersey's IRS 990 filings:
- Limited financial transparency with only one year of data provided.
- Lack of detailed breakdown for program expenses.
Strengths
The following positive indicators were identified for Shore Athletic Club Of New Jersey:
- Strong indication of mission focus given high revenue relative to assets.
- Low administrative and fundraising overhead based on available data.
Frequently Asked Questions about Shore Athletic Club Of New Jersey
Is Shore Athletic Club Of New Jersey a legitimate charity?
Based on AI analysis of IRS 990 filings, Shore Athletic Club Of New Jersey (EIN: 222386529) some concerns. Mission Score: 85/100. 2 red flags identified, 2 strengths noted.
How does Shore Athletic Club Of New Jersey spend its money?
Shore Athletic Club Of New Jersey directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shore Athletic Club Of New Jersey tax-deductible?
Shore Athletic Club Of New Jersey is registered as a tax-exempt nonprofit (EIN: 222386529). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shore Athletic Club Of New Jersey's spending goes to programs?
Shore Athletic Club Of New Jersey directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shore Athletic Club Of New Jersey compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Shore Athletic Club Of New Jersey is above average for NTEE category N99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shore Athletic Club Of New Jersey located?
Shore Athletic Club Of New Jersey is headquartered in Spring Lake, New Jersey and files with the IRS under EIN 222386529. It is classified under NTEE code N99.
What does Shore Athletic Club Of New Jersey do?
Shore Athletic Club Of New Jersey is a nonprofit organization in the Recreation & Sports sector, located in Spring Lake, New Jersey. It is classified under NTEE code N99.
How much revenue does Shore Athletic Club Of New Jersey have?
Shore Athletic Club Of New Jersey reported total revenue of $268,858. Based on 1 IRS 990 filing on record.
What are Shore Athletic Club Of New Jersey's total assets?
Shore Athletic Club Of New Jersey holds total assets of $54,409 as reported in IRS 990 filings.
Where is Shore Athletic Club Of New Jersey located?
Shore Athletic Club Of New Jersey is based in Spring Lake, New Jersey.
What is Shore Athletic Club Of New Jersey's EIN?
Shore Athletic Club Of New Jersey's Employer Identification Number (EIN) is 222386529. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Shore Athletic Club Of New Jersey?
Shore Athletic Club Of New Jersey is classified under NTEE code N99 (Recreation & Sports).
Is Shore Athletic Club Of New Jersey a registered 501(c)(3)?
Yes, Shore Athletic Club Of New Jersey is recognized as a tax-exempt organization by the IRS. EIN: 222386529.
Does Shore Athletic Club Of New Jersey file IRS Form 990?
Yes, Shore Athletic Club Of New Jersey has 1 IRS Form 990 filing on record. The most recent covers tax period 202312.
What was Shore Athletic Club Of New Jersey's revenue in 2023?
In the 202312 filing period, Shore Athletic Club Of New Jersey reported total revenue of $265,155, total expenses of $235,307, and net assets of $45,277.
What is Shore Athletic Club Of New Jersey's most recent 990 filing?
The most recent IRS Form 990 filing for Shore Athletic Club Of New Jersey covers tax period 202312. It shows revenue of $265,155, expenses of $235,307, total assets of $45,277, and liabilities of N/A.
How much does Shore Athletic Club Of New Jersey spend on programs vs administration?
Based on IRS 990 analysis, Shore Athletic Club Of New Jersey allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Shore Athletic Club Of New Jersey a trustworthy charity?
Based on AI analysis of IRS 990 data, Shore Athletic Club Of New Jersey appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 2 strengths noted.
What are the red flags for Shore Athletic Club Of New Jersey?
The following concerns were identified: Limited financial transparency with only one year of data provided.. Lack of detailed breakdown for program expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Shore Athletic Club Of New Jersey's strengths?
Positive indicators for Shore Athletic Club Of New Jersey include: Strong indication of mission focus given high revenue relative to assets.. Low administrative and fundraising overhead based on available data.. These findings are derived from AI analysis of the organization's financial filings.
How does Shore Athletic Club Of New Jersey compensate executives?
Executive compensation cannot be assessed as no compensation figures are reported in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'N99' National Taxonomy of Exempt Entities (NTEE) code, what specific athletic programs does Shore Athletic Club of New Jersey offer, and how are they funded beyond the reported revenue of $265,155?
The NTEE code N99 indicates 'Other Sports, Recreation, Athletics, Leisure-Time Activities, Clubs,' which is very broad. Without more detailed program information in their filings or on a public website, it's unclear what specific athletic programs are offered. The reported revenue of $265,155 for 2023 suggests primary funding through membership fees, event participation, or local sponsorships, but further details are needed to understand the full funding model.
Filing History
IRS 990 filing history for Shore Athletic Club Of New Jersey showing financial trends over 1 year of public records:
In its most recent filing year (2023), Shore Athletic Club Of New Jersey reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $265K | $235K | $45K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shore Athletic Club Of New Jersey:
Data Sources and Methodology
This transparency report for Shore Athletic Club Of New Jersey 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.