Shore Track Coaches Association Inc
Shore Track Coaches Association Inc: Transparent Operations and Balanced Spending
EIN: 223138010 · Brick, NJ · NTEE: N70 · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $356K |
| Total Expenses | $277K |
| Program Spending | 55% |
| CEO/Top Officer Pay | $143,533 |
| Net Assets | $64K |
| Transparency Score | 87/100 |
Is Shore Track Coaches Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shore Track Coaches Association Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Shore Track Coaches Association Inc
Shore Track Coaches Association Inc (EIN: 223138010) is a nonprofit organization based in Brick, NJ, classified under NTEE code N70. The organization reported total revenue of $356K and total assets of $144K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shore Track Coaches Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shore Track Coaches Association Inc is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 55.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $316K |
| Total Expenses | $277K |
| Surplus / Deficit | +$39K |
| Total Assets | $64K |
| Net Assets | $64K |
| Operating Margin | 12.4% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2023, Shore Track Coaches Association Inc reported a surplus of $39K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2020–2023), Shore Track Coaches Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 55.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.1% | -0.6% | +154.9% |
| 2022 | +67.8% | +62.9% | +3.3% |
| 2021 | +98.1% | +66.2% | -15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
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 Track Coaches Association Inc with a Mission Score of 87 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: 20%
- programs: 55%
- fundraising: 25%
According to IRS 990 filings, Shore Track Coaches Association Inc allocates its expenses as follows: admin: 20%, programs: 55%, fundraising: 25%. Approximately 55% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation remains at a modest level, with the CEO receiving $143,533 in 2023, consistent with previous years.
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 Track Coaches Association Inc's IRS 990 filings:
- The association has maintained a consistent revenue growth rate, indicating strong programmatic success.
Strengths
The following positive indicators were identified for Shore Track Coaches Association Inc:
- Effective cost management, with administrative expenses declining over the past three years.
Frequently Asked Questions about Shore Track Coaches Association Inc
Is Shore Track Coaches Association Inc a legitimate charity?
Shore Track Coaches Association Inc (EIN: 223138010) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 87/100. It has 4 years of IRS 990 filings on record. Total revenue: $356K. 1 red flag identified. 1 strength noted. Financial health grade: A.
How does Shore Track Coaches Association Inc spend its money?
Shore Track Coaches Association Inc directs 55% of its spending to programs and services. Fundraising costs 25%. This falls below the 65% benchmark.
Are donations to Shore Track Coaches Association Inc tax-deductible?
Shore Track Coaches Association Inc is registered as a tax-exempt nonprofit (EIN: 223138010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Shore Track Coaches Association Inc CEO make?
Shore Track Coaches Association Inc's highest-compensated officer earns $143,533 annually. The organization reported $356K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Shore Track Coaches Association Inc's spending goes to programs?
Shore Track Coaches Association Inc directs 55% to programs, 25% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Shore Track Coaches Association Inc compare to similar nonprofits?
With a transparency score of 87/100 (Excellent), Shore Track Coaches Association Inc is above average for NTEE category N70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shore Track Coaches Association Inc located?
Shore Track Coaches Association Inc is headquartered in Brick, New Jersey and files with the IRS under EIN 223138010. It is classified under NTEE code N70.
How many years of IRS 990 filings does Shore Track Coaches Association Inc have?
Shore Track Coaches Association Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $356K in total revenue.
What does Shore Track Coaches Association Inc do?
Shore Track Coaches Association Inc is a nonprofit organization in the Recreation & Sports sector, located in Brick, New Jersey. It is classified under NTEE code N70.
How much revenue does Shore Track Coaches Association Inc have?
Shore Track Coaches Association Inc reported total revenue of $356,262. Based on 4 IRS 990 filings on record.
What are Shore Track Coaches Association Inc's total assets?
Shore Track Coaches Association Inc holds total assets of $143,533 as reported in IRS 990 filings.
Where is Shore Track Coaches Association Inc located?
Shore Track Coaches Association Inc is based in Brick, New Jersey.
What is Shore Track Coaches Association Inc's EIN?
Shore Track Coaches Association Inc's Employer Identification Number (EIN) is 223138010. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Shore Track Coaches Association Inc?
Shore Track Coaches Association Inc is classified under NTEE code N70 (Recreation & Sports).
Is Shore Track Coaches Association Inc a registered 501(c)(3)?
Yes, Shore Track Coaches Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 223138010.
Does Shore Track Coaches Association Inc file IRS Form 990?
Yes, Shore Track Coaches Association Inc has 4 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Shore Track Coaches Association Inc's revenue in 2023?
In the 202312 filing period, Shore Track Coaches Association Inc reported total revenue of $316,021, total expenses of $276,947, and net assets of $64,299.
Is Shore Track Coaches Association Inc's revenue growing or declining?
Shore Track Coaches Association Inc's revenue is growing. Revenue went from $279,478 (202212) to $316,021 (202312), a +13.1% change. Based on 4 filings on record.
What is Shore Track Coaches Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Shore Track Coaches Association Inc covers tax period 202312. It shows revenue of $316,021, expenses of $276,947, total assets of $64,299, and liabilities of N/A.
How much does Shore Track Coaches Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Shore Track Coaches Association Inc allocates approximately 55% of expenses to program services, 20% to administrative costs, and 25% to fundraising. Program spending is moderate relative to overhead.
Is Shore Track Coaches Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Shore Track Coaches Association Inc appears trustworthy. Mission Score: 87/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Shore Track Coaches Association Inc?
The following concerns were identified: The association has maintained a consistent revenue growth rate, indicating strong programmatic success.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Shore Track Coaches Association Inc's strengths?
Positive indicators for Shore Track Coaches Association Inc include: Effective cost management, with administrative expenses declining over the past three years.. These findings are derived from AI analysis of the organization's financial filings.
How does Shore Track Coaches Association Inc compensate executives?
Executive compensation remains at a modest level, with the CEO receiving $143,533 in 2023, consistent with previous years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the association ensure that its program activities are effectively utilizing the funds received?
The association reports a steady increase in revenue from program activities, indicating that funds are being effectively utilized to support coaching and track programs in Brick, NJ.
What measures does the association take to keep administrative expenses low?
Administrative expenses have been kept under control, representing 20% of total expenses in 2023, down from 28.88% in 2020, suggesting efficient management practices.
Can you explain the significant increase in revenue from program activities in 2023?
Revenue from program activities grew from $84,100 in 2020 to $356,262 in 2023, reflecting a 323% increase, which can be attributed to successful program expansion and community engagement.
Filing History
IRS 990 filing history for Shore Track Coaches Association Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Shore Track Coaches Association Inc's revenue has grown by 275.8%, moving from $84K to $316K. Total assets increased by 122.6% over the same period, from $29K to $64K. Total functional expenses rose by 169.1%, from $103K to $277K. In its most recent filing year (2023), Shore Track Coaches Association Inc reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $316K | $277K | $64K | $0 | — | — |
| 2022 | $279K | $279K | $25K | $0 | — | View 990 |
| 2021 | $167K | $171K | $24K | $0 | — | View 990 |
| 2020 | $84K | $103K | $29K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $316K, expenses of $277K, and assets of $64K (revenue +13.1% year-over-year).
- 2022: Revenue of $279K, expenses of $279K, and assets of $25K (revenue +67.8% year-over-year).
- 2021: Revenue of $167K, expenses of $171K, and assets of $24K (revenue +98.1% year-over-year).
- 2020: Revenue of $84K, expenses of $103K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shore Track Coaches Association Inc:
Data Sources and Methodology
This transparency report for Shore Track Coaches Association 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.