Toms River Ocean County Chamber Of Commerce
Toms River Ocean County Chamber Of Commerce shows consistent financial growth and zero liabilities in recent years.
EIN: 210667144 · Toms River, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $214K |
| Program Spending | 80% |
| Net Assets | $152K |
| Transparency Score | 85/100 |
Is Toms River Ocean County Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Toms River Ocean County Chamber Of Commerce directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Toms River Ocean County Chamber Of Commerce
Toms River Ocean County Chamber Of Commerce (EIN: 210667144) is a nonprofit organization based in Toms River, NJ. The organization reported total revenue of $257K and total assets of $179K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Toms River Ocean County Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Toms River Ocean County Chamber Of Commerce is a small nonprofit that has been operating for 57 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $214K |
| Surplus / Deficit | +$9K |
| Total Assets | $152K |
| Net Assets | $152K |
| Operating Margin | 4.1% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Toms River Ocean County Chamber Of Commerce reported a surplus of $9K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2023), Toms River Ocean County Chamber Of Commerce's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.7% | +40.6% | +6.3% |
| 2022 | -23.9% | -11.1% | +3.7% |
| 2021 | +25.9% | +29.8% | +33.9% |
| 2020 | -15.5% | -27.6% | +43.8% |
| 2019 | +26.1% | +9.5% | +15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1969 |
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 Toms River Ocean County Chamber Of Commerce 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Toms River Ocean County Chamber Of Commerce 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size and revenue.
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 Toms River Ocean County Chamber Of Commerce's IRS 990 filings:
- NTEE code is unknown, hindering sector-specific analysis
- Lack of detailed program spending breakdown in provided data
Strengths
The following positive indicators were identified for Toms River Ocean County Chamber Of Commerce:
- Consistent revenue growth over multiple years (e.g., $164,389 in 2020 to $223,178 in 2023)
- Healthy asset growth (e.g., $103,185 in 2020 to $152,395 in 2023)
- Zero liabilities reported in recent years (2020-2023), indicating strong financial management
- Consistent reporting of 0% officer compensation, suggesting high volunteer involvement or efficient use of funds
Frequently Asked Questions about Toms River Ocean County Chamber Of Commerce
Is Toms River Ocean County Chamber Of Commerce a legitimate charity?
Toms River Ocean County Chamber Of Commerce (EIN: 210667144) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $257K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Toms River Ocean County Chamber Of Commerce spend its money?
Toms River Ocean County Chamber Of Commerce directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Toms River Ocean County Chamber Of Commerce tax-deductible?
Toms River Ocean County Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 210667144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Toms River Ocean County Chamber Of Commerce's spending goes to programs?
Toms River Ocean County Chamber Of Commerce directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Toms River Ocean County Chamber Of Commerce located?
Toms River Ocean County Chamber Of Commerce is headquartered in Toms River, New Jersey and files with the IRS under EIN 210667144.
How many years of IRS 990 filings does Toms River Ocean County Chamber Of Commerce have?
Toms River Ocean County Chamber Of Commerce has 14 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 $257K in total revenue.
Is Toms River Ocean County Chamber Of Commerce a good charity?
Based on its financial health, consistent revenue growth, and zero liabilities in recent years, the organization appears to be well-managed financially. The consistent 0% officer compensation is a notable positive, suggesting efficient use of funds or significant volunteer support. However, without a clear NTEE code or detailed program spending breakdown, a full assessment of its programmatic impact is challenging.
How does the organization manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for key personnel is categorized differently within their financial statements, which would require further investigation to confirm.
What are the primary programs or activities of the Chamber of Commerce?
While the financial data indicates consistent operations, the NTEE code being 'Unknown' and the provided data not detailing specific program expenses make it difficult to ascertain the primary programs or activities from the IRS 990 filings alone.
Filing History
IRS 990 filing history for Toms River Ocean County Chamber Of Commerce showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Toms River Ocean County Chamber Of Commerce's revenue has declined by 6.2%, moving from $238K to $223K. Total assets increased by 424% over the same period, from $29K to $152K. Total functional expenses fell by 9.6%, from $237K to $214K. In its most recent filing year (2023), Toms River Ocean County Chamber Of Commerce reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $223K | $214K | $152K | $0 | — | — |
| 2022 | $158K | $152K | $143K | $0 | — | — |
| 2021 | $207K | $171K | $138K | $66 | — | View 990 |
| 2020 | $164K | $132K | $103K | $720 | — | — |
| 2019 | $195K | $182K | $72K | $23K | — | View 990 |
| 2018 | $154K | $167K | $62K | $26K | — | View 990 |
| 2017 | $168K | $170K | $77K | $28K | — | View 990 |
| 2016 | $152K | $163K | $73K | $22K | — | View 990 |
| 2015 | $127K | $57K | $76K | $14K | — | View 990 |
| 2015 | $203K | $188K | $18K | $25K | — | View 990 |
| 2014 | $174K | $179K | $22K | $45K | — | View 990 |
| 2013 | $191K | $194K | $18K | $35K | — | View 990 |
| 2012 | $212K | $225K | $29K | $44K | — | View 990 |
| 2011 | $238K | $237K | $29K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $223K, expenses of $214K, and assets of $152K (revenue +41.7% year-over-year).
- 2022: Revenue of $158K, expenses of $152K, and assets of $143K (revenue -23.9% year-over-year).
- 2021: Revenue of $207K, expenses of $171K, and assets of $138K (revenue +25.9% year-over-year).
- 2020: Revenue of $164K, expenses of $132K, and assets of $103K (revenue -15.5% year-over-year).
- 2019: Revenue of $195K, expenses of $182K, and assets of $72K (revenue +26.1% year-over-year).
- 2018: Revenue of $154K, expenses of $167K, and assets of $62K (revenue -7.9% year-over-year).
- 2017: Revenue of $168K, expenses of $170K, and assets of $77K (revenue +10.3% year-over-year).
- 2016: Revenue of $152K, expenses of $163K, and assets of $73K (revenue +20.0% year-over-year).
- 2015: Revenue of $127K, expenses of $57K, and assets of $76K (revenue -37.7% year-over-year).
- 2015: Revenue of $203K, expenses of $188K, and assets of $18K (revenue +17.1% year-over-year).
- 2014: Revenue of $174K, expenses of $179K, and assets of $22K (revenue -9.2% year-over-year).
- 2013: Revenue of $191K, expenses of $194K, and assets of $18K (revenue -9.9% year-over-year).
- 2012: Revenue of $212K, expenses of $225K, and assets of $29K (revenue -10.8% year-over-year).
- 2011: Revenue of $238K, expenses of $237K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Toms River Ocean County Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Toms River Ocean County Chamber Of Commerce 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.