Spray Beach Yacht Club
Spray Beach Yacht Club maintains strong assets and reports no officer compensation across all filings.
EIN: 210644546 · Beach Haven, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $905K |
| Total Expenses | $850K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $4.5M |
| Transparency Score | 85/100 |
Is Spray Beach Yacht Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spray Beach Yacht Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spray Beach Yacht Club
Spray Beach Yacht Club (EIN: 210644546) is a nonprofit organization based in Beach Haven, NJ. The organization reported total revenue of $905K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spray Beach Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spray Beach Yacht Club is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $761K |
| Total Expenses | $850K |
| Surplus / Deficit | $-89,488 |
| Total Assets | $4.7M |
| Total Liabilities | $131K |
| Net Assets | $4.5M |
| Operating Margin | -11.8% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 65.8 months |
Financial Health Grade: B
In 2023, Spray Beach Yacht Club reported a deficit of $89K with expenses exceeding revenue, holds 65.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Spray Beach Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.4% | +2.1% | -2.8% |
| 2022 | +27.5% | +59.9% | +0.2% |
| 2021 | +16.9% | +36.8% | +20.7% |
| 2020 | -7.4% | -43.1% | +4.7% |
| 2019 | -11.1% | -22.2% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Spray Beach Yacht Club 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Spray Beach Yacht 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is highly efficient for an organization with nearly $1 million in annual revenue and over $4.8 million in assets.
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.
Strengths
The following positive indicators were identified for Spray Beach Yacht Club:
- Consistent financial reporting over 13 periods demonstrates transparency.
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Strong asset base ($4,802,878) significantly exceeding liabilities ($131,335) in the latest period.
- Liabilities have consistently decreased over the past decade, improving financial solvency.
Frequently Asked Questions about Spray Beach Yacht Club
Is Spray Beach Yacht Club a legitimate charity?
Spray Beach Yacht Club (EIN: 210644546) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $905K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Spray Beach Yacht Club spend its money?
Spray Beach Yacht Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Spray Beach Yacht Club tax-deductible?
Spray Beach Yacht Club is registered as a tax-exempt nonprofit (EIN: 210644546). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Spray Beach Yacht Club CEO make?
Spray Beach Yacht Club's highest-compensated officer earns $1 annually. The organization reported $905K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Spray Beach Yacht Club's spending goes to programs?
Spray Beach Yacht Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Spray Beach Yacht Club located?
Spray Beach Yacht Club is headquartered in Beach Haven, New Jersey and files with the IRS under EIN 210644546.
How many years of IRS 990 filings does Spray Beach Yacht Club have?
Spray Beach Yacht 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 $905K in total revenue.
Is Spray Beach Yacht Club financially stable?
Yes, the Spray Beach Yacht Club appears financially stable, consistently maintaining assets significantly higher than liabilities (e.g., $4,802,878 in assets vs. $131,335 in liabilities in 2023) and managing its expenses relative to its revenue.
Does Spray Beach Yacht Club pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, suggesting that executive leadership roles are likely filled by volunteers.
What is the trend in the club's assets and liabilities?
The club's assets have shown growth, from $3,926,152 in 2014 to $4,802,878 in the latest period, while liabilities have generally decreased from $477,806 in 2014 to $131,335 in 2023, indicating improving financial health.
Filing History
IRS 990 filing history for Spray Beach Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spray Beach Yacht Club's revenue has grown by 89.6%, moving from $401K to $761K. Total assets increased by 28.6% over the same period, from $3.6M to $4.7M. Total functional expenses rose by 30.5%, from $652K to $850K. In its most recent filing year (2023), Spray Beach Yacht Club reported a deficit of $89K, with expenses exceeding revenue. The organization holds $131K in liabilities against $4.7M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $761K | $850K | $4.7M | $131K | — | View 990 |
| 2022 | $889K | $833K | $4.8M | $178K | — | View 990 |
| 2021 | $697K | $521K | $4.8M | $225K | — | View 990 |
| 2020 | $596K | $381K | $4.0M | $268K | — | — |
| 2019 | $643K | $669K | $3.8M | $303K | — | View 990 |
| 2018 | $724K | $861K | $3.9M | $344K | — | View 990 |
| 2017 | $559K | $521K | $4.0M | $378K | — | View 990 |
| 2016 | $554K | $444K | $4.0M | $413K | — | View 990 |
| 2015 | $487K | $434K | $3.9M | $446K | — | View 990 |
| 2014 | $521K | $446K | $3.9M | $478K | — | View 990 |
| 2013 | $1.1M | $992K | $3.9M | $508K | — | View 990 |
| 2012 | $461K | $397K | $3.7M | $537K | — | View 990 |
| 2011 | $401K | $652K | $3.6M | $564K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $761K, expenses of $850K, and assets of $4.7M (revenue -14.4% year-over-year).
- 2022: Revenue of $889K, expenses of $833K, and assets of $4.8M (revenue +27.5% year-over-year).
- 2021: Revenue of $697K, expenses of $521K, and assets of $4.8M (revenue +16.9% year-over-year).
- 2020: Revenue of $596K, expenses of $381K, and assets of $4.0M (revenue -7.4% year-over-year).
- 2019: Revenue of $643K, expenses of $669K, and assets of $3.8M (revenue -11.1% year-over-year).
- 2018: Revenue of $724K, expenses of $861K, and assets of $3.9M (revenue +29.5% year-over-year).
- 2017: Revenue of $559K, expenses of $521K, and assets of $4.0M (revenue +0.9% year-over-year).
- 2016: Revenue of $554K, expenses of $444K, and assets of $4.0M (revenue +13.8% year-over-year).
- 2015: Revenue of $487K, expenses of $434K, and assets of $3.9M (revenue -6.6% year-over-year).
- 2014: Revenue of $521K, expenses of $446K, and assets of $3.9M (revenue -52.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $992K, and assets of $3.9M (revenue +139.3% year-over-year).
- 2012: Revenue of $461K, expenses of $397K, and assets of $3.7M (revenue +14.8% year-over-year).
- 2011: Revenue of $401K, expenses of $652K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spray Beach Yacht Club:
Data Sources and Methodology
This transparency report for Spray Beach Yacht 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.