Spring Lake Bath And Tennis Club
Spring Lake Bath And Tennis Club: Strong Assets, Consistent Revenue, but Limited Public Mission
EIN: 222129121 · Spring Lake, NJ · NTEE: N51Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $5.5M |
| Net Assets | $7.0M |
| Transparency Score | 25/100 |
Is Spring Lake Bath And Tennis Club Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spring Lake Bath And Tennis Club
Spring Lake Bath And Tennis Club (EIN: 222129121) is a nonprofit organization based in Spring Lake, NJ, classified under NTEE code N51Z. The organization reported total revenue of $6.7M and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spring Lake Bath And Tennis Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spring Lake Bath And Tennis Club is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.4M |
| Total Expenses | $5.5M |
| Surplus / Deficit | $-98,055 |
| Total Assets | $7.4M |
| Total Liabilities | $448K |
| Net Assets | $7.0M |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 16.2 months |
Financial Health Grade: B
In 2023, Spring Lake Bath And Tennis Club reported a deficit of $98K with expenses exceeding revenue, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Spring Lake Bath And Tennis Club's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | +10.6% | -1.3% |
| 2022 | +10.2% | +15.0% | +7.7% |
| 2021 | +38.8% | +31.5% | -1.6% |
| 2020 | -7.1% | -4.3% | +1.7% |
| 2019 | +8.9% | +13.5% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Spring Lake Bath And Tennis Club with a Mission Score of 25 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Spring Lake Bath And Tennis Club allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $98K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given the nature of the organization as a private club, it's likely covered by membership fees rather than public donations.
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 Spring Lake Bath And Tennis Club's IRS 990 filings:
- Zero reported program service accomplishments across all available filings, suggesting no direct charitable activities.
- The organization's name and nature (Bath And Tennis Club) strongly imply a private member-serving entity rather than a public charity.
- Lack of information regarding how revenue is used for public benefit, as all 'program' spending is reported as 0%.
Strengths
The following positive indicators were identified for Spring Lake Bath And Tennis Club:
- Consistent revenue generation, with 2023 revenue at $5,395,132.
- Strong and growing asset base, reaching $7,413,280 in 2023.
- Financially stable with positive net assets year over year.
Frequently Asked Questions about Spring Lake Bath And Tennis Club
Is Spring Lake Bath And Tennis Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Spring Lake Bath And Tennis Club (EIN: 222129121) significant concerns. Mission Score: 25/100. 3 red flags identified, 3 strengths noted.
How does Spring Lake Bath And Tennis Club spend its money?
Detailed spending breakdown data is not yet available for Spring Lake Bath And Tennis Club. Check back for updated IRS 990 analysis.
Are donations to Spring Lake Bath And Tennis Club tax-deductible?
Spring Lake Bath And Tennis Club is registered as a tax-exempt nonprofit (EIN: 222129121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Spring Lake Bath And Tennis Club compare to similar nonprofits?
With a transparency score of 25/100 (Poor), Spring Lake Bath And Tennis Club is below average for NTEE category N51Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spring Lake Bath And Tennis Club located?
Spring Lake Bath And Tennis Club is headquartered in Spring Lake, New Jersey and files with the IRS under EIN 222129121. It is classified under NTEE code N51Z.
How many years of IRS 990 filings does Spring Lake Bath And Tennis Club have?
Spring Lake Bath And Tennis 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 $6.7M in total revenue.
What does Spring Lake Bath And Tennis Club do?
Spring Lake Bath And Tennis Club is a nonprofit organization in the Recreation & Sports sector, located in Spring Lake, New Jersey. It is classified under NTEE code N51Z.
How much revenue does Spring Lake Bath And Tennis Club have?
Spring Lake Bath And Tennis Club reported total revenue of $6,725,286. Based on 13 IRS 990 filings on record.
What are Spring Lake Bath And Tennis Club's total assets?
Spring Lake Bath And Tennis Club holds total assets of $7,305,663 as reported in IRS 990 filings.
Where is Spring Lake Bath And Tennis Club located?
Spring Lake Bath And Tennis Club is based in Spring Lake, New Jersey.
What is Spring Lake Bath And Tennis Club's EIN?
Spring Lake Bath And Tennis Club's Employer Identification Number (EIN) is 222129121. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Spring Lake Bath And Tennis Club?
Spring Lake Bath And Tennis Club is classified under NTEE code N51Z (Recreation & Sports).
Is Spring Lake Bath And Tennis Club a registered 501(c)(3)?
Yes, Spring Lake Bath And Tennis Club is recognized as a tax-exempt organization by the IRS. EIN: 222129121.
Does Spring Lake Bath And Tennis Club file IRS Form 990?
Yes, Spring Lake Bath And Tennis Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202310.
What was Spring Lake Bath And Tennis Club's revenue in 2023?
In the 202310 filing period, Spring Lake Bath And Tennis Club reported total revenue of $5,395,132, total expenses of $5,493,187, and net assets of $7,413,280.
Is Spring Lake Bath And Tennis Club's revenue growing or declining?
Spring Lake Bath And Tennis Club's revenue is relatively stable. Revenue went from $5,223,078 (202210) to $5,395,132 (202310), a +3.3% change. Based on 13 filings on record.
What is Spring Lake Bath And Tennis Club's most recent 990 filing?
The most recent IRS Form 990 filing for Spring Lake Bath And Tennis Club covers tax period 202310. It shows revenue of $5,395,132, expenses of $5,493,187, total assets of $7,413,280, and liabilities of $448,072.
Is Spring Lake Bath And Tennis Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Spring Lake Bath And Tennis Club has notable concerns. Mission Score: 25/100 (Poor). 3 red flags identified. 3 strengths noted.
What are the red flags for Spring Lake Bath And Tennis Club?
The following concerns were identified: Zero reported program service accomplishments across all available filings, suggesting no direct charitable activities.. The organization's name and nature (Bath And Tennis Club) strongly imply a private member-serving entity rather than a public charity.. Lack of information regarding how revenue is used for public benefit, as all 'program' spending is reported as 0%.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Spring Lake Bath And Tennis Club's strengths?
Positive indicators for Spring Lake Bath And Tennis Club include: Consistent revenue generation, with 2023 revenue at $5,395,132.. Strong and growing asset base, reaching $7,413,280 in 2023.. Financially stable with positive net assets year over year.. These findings are derived from AI analysis of the organization's financial filings.
How does Spring Lake Bath And Tennis Club compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given the nature of the organization as a private club, it's likely covered by membership fees rather than public donations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Nonprofit' status and '0%' program service accomplishments, what is the primary public benefit or charitable purpose of the Spring Lake Bath And Tennis Club?
Based on the provided data, the organization does not appear to engage in direct charitable programs or provide public benefit in the traditional sense of a nonprofit. Its activities seem to primarily serve its members, consistent with a private club model.
How does an organization with '0%' program spending maintain its nonprofit status?
Nonprofit status can be granted to organizations that are not necessarily public charities but serve other exempt purposes, such as social clubs (501(c)(7)). Without further context on its specific 501(c) designation, it's difficult to definitively state, but the data strongly suggests a member-serving entity rather than a public benefit organization.
Filing History
IRS 990 filing history for Spring Lake Bath And Tennis Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spring Lake Bath And Tennis Club's revenue has grown by 110.3%, moving from $2.6M to $5.4M. Total assets increased by 33% over the same period, from $5.6M to $7.4M. Total functional expenses rose by 129.1%, from $2.4M to $5.5M. In its most recent filing year (2023), Spring Lake Bath And Tennis Club reported a deficit of $98K, with expenses exceeding revenue. The organization holds $448K in liabilities against $7.4M in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $5.5M | $7.4M | $448K | — | — |
| 2022 | $5.2M | $5.0M | $7.5M | $442K | — | View 990 |
| 2021 | $4.7M | $4.3M | $7.0M | $183K | — | View 990 |
| 2020 | $3.4M | $3.3M | $7.1M | $178K | — | View 990 |
| 2019 | $3.7M | $3.4M | $7.0M | $200K | — | View 990 |
| 2018 | $3.4M | $3.0M | $6.7M | $167K | — | View 990 |
| 2017 | $3.2M | $3.0M | $6.3M | $98K | — | View 990 |
| 2016 | $3.3M | $3.1M | $6.2M | $111K | — | View 990 |
| 2015 | $3.1M | $3.0M | $6.0M | $172K | — | View 990 |
| 2014 | $3.1M | $3.0M | $5.8M | $91K | — | View 990 |
| 2013 | $2.9M | $2.8M | $5.7M | $125K | — | View 990 |
| 2012 | $2.6M | $2.4M | $5.6M | $152K | — | View 990 |
| 2011 | $2.6M | $2.4M | $5.6M | $122K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $5.5M, and assets of $7.4M (revenue +3.3% year-over-year).
- 2022: Revenue of $5.2M, expenses of $5.0M, and assets of $7.5M (revenue +10.2% year-over-year).
- 2021: Revenue of $4.7M, expenses of $4.3M, and assets of $7.0M (revenue +38.8% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.3M, and assets of $7.1M (revenue -7.1% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.4M, and assets of $7.0M (revenue +8.9% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.0M, and assets of $6.7M (revenue +4.7% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.0M, and assets of $6.3M (revenue -2.1% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.1M, and assets of $6.2M (revenue +7.0% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.0M, and assets of $6.0M (revenue -2.0% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.0M, and assets of $5.8M (revenue +7.0% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $5.7M (revenue +14.3% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.4M, and assets of $5.6M (revenue +0.2% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.4M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spring Lake Bath And Tennis Club:
Data Sources and Methodology
This transparency report for Spring Lake Bath And Tennis 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.