Tower Club Of Princeton University

Tower Club maintains stable assets and zero officer compensation amidst fluctuating revenues.

EIN: 210730244 · Princeton, NJ · NTEE: N50 · Updated: 2026-03-28

$1.6MRevenue
$4.9MAssets
85/100Mission Score (Excellent)
N50
Tower Club Of Princeton University Financial Summary
MetricValue
Total Revenue$1.6M
Total Expenses$2.1M
Program Spending80%
CEO/Top Officer Pay$5
Net Assets$4.0M
Transparency Score85/100

Is Tower Club Of Princeton University Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Tower Club Of Princeton University directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Tower Club Of Princeton University

Tower Club Of Princeton University (EIN: 210730244) is a nonprofit organization based in Princeton, NJ, classified under NTEE code N50. The organization reported total revenue of $1.6M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tower Club Of Princeton University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

84Years Operating
Mid-SizeSize Classification
9Years of Filings
MixedRevenue Trajectory

Tower Club Of Princeton University is a mid-size nonprofit that has been operating for 84 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.2%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$2.5M
Total Expenses$2.1M
Surplus / Deficit+$459K
Total Assets$4.8M
Total Liabilities$797K
Net Assets$4.0M
Operating Margin18.1%
Debt-to-Asset Ratio16.7%
Months of Reserves27.6 months

Financial Health Grade: A

In 2022, Tower Club Of Princeton University reported a surplus of $459K with revenue exceeding expenses, holds 27.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.7% (very low leverage).

Financial Trends

Over 9 years of filings (2011–2022), Tower Club Of Princeton University's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.

YearRevenue ChangeExpense ChangeAsset Change
2022+315.1%+185.5%+7.2%
2021-73.9%-65.2%+7.6%
2018-6.0%-1.0%+3.1%
2017+12.5%+2.7%+13.2%
2016-1.3%-1.6%+3.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1942

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Tower Club Of Princeton University demonstrates a generally stable financial position with consistent revenue streams, primarily from membership dues and related activities. Over the past decade, the organization has shown steady asset growth, increasing from $2,168,857 in 2011 to $4,763,749 in 2022. While revenue has fluctuated, notably a dip to $609,106 in 2021, it rebounded strongly to $2,528,530 in 2022, indicating resilience. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its transparency and financial health. However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tower Club Of Princeton University 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, Tower Club Of Princeton University 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 (2022)

From the most recent IRS 990 filing on record:

$2.5MTotal Revenue
$2.1MTotal Expenses
$4.8MTotal Assets
$797KTotal Liabilities
$4.0MNet Assets
  • The organization reported a surplus of $459K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 16.7%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets nearing $5 million.

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 Tower Club Of Princeton University's IRS 990 filings:

  • Lack of detailed expense breakdown in available data, making it difficult to assess program efficiency.

Strengths

The following positive indicators were identified for Tower Club Of Princeton University:

  • Consistent reporting of 0% officer compensation, indicating volunteer leadership.
  • Steady growth in assets over the past decade, from $2,168,857 in 2011 to $4,763,749 in 2022.
  • Strong revenue rebound in 2022 to $2,528,530 after a dip in 2021, demonstrating financial resilience.

Frequently Asked Questions about Tower Club Of Princeton University

Is Tower Club Of Princeton University a legitimate charity?

Tower Club Of Princeton University (EIN: 210730244) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 3 strengths noted. Financial health grade: A.

How does Tower Club Of Princeton University spend its money?

Tower Club Of Princeton University directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Tower Club Of Princeton University tax-deductible?

Tower Club Of Princeton University is registered as a tax-exempt nonprofit (EIN: 210730244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Tower Club Of Princeton University CEO make?

Tower Club Of Princeton University's highest-compensated officer earns $5 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Tower Club Of Princeton University's spending goes to programs?

Tower Club Of Princeton University directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Tower Club Of Princeton University compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Tower Club Of Princeton University is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Tower Club Of Princeton University located?

Tower Club Of Princeton University is headquartered in Princeton, New Jersey and files with the IRS under EIN 210730244. It is classified under NTEE code N50.

How many years of IRS 990 filings does Tower Club Of Princeton University have?

Tower Club Of Princeton University has 9 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 $1.6M in total revenue.

What caused the significant revenue drop in 2021 to $609,106 and the subsequent rebound in 2022?

The sharp decline in revenue in 2021, followed by a strong recovery in 2022, suggests a potential impact from external factors such as the COVID-19 pandemic affecting operations or membership, followed by a return to normal activities.

How does the Tower Club allocate its expenses between program services, administrative costs, and fundraising efforts?

The provided data only shows total expenses. A detailed breakdown of expenses is needed to fully assess spending efficiency and ensure a high percentage of funds are directed towards its mission-related programs.

Filing History

IRS 990 filing history for Tower Club Of Princeton University showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2022), Tower Club Of Princeton University's revenue has grown by 42.1%, moving from $1.8M to $2.5M. Total assets increased by 119.6% over the same period, from $2.2M to $4.8M. Total functional expenses rose by 19.5%, from $1.7M to $2.1M. In its most recent filing year (2022), Tower Club Of Princeton University reported a surplus of $459K, with revenue exceeding expenses. The organization holds $797K in liabilities against $4.8M in assets (debt-to-asset ratio: 16.7%), resulting in net assets of $4.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $2.5M $2.1M $4.8M $797K View 990
2021 $609K $725K $4.4M $642K View 990
2018 $2.3M $2.1M $4.1M $478K View 990
2017 $2.5M $2.1M $4.0M $611K View 990
2016 $2.2M $2.0M $3.5M $664K View 990
2015 $2.2M $2.1M $3.4M $672K View 990
2013 $2.1M $1.8M $2.6M $192K View 990
2012 $1.9M $1.7M $2.3M $233K View 990
2011 $1.8M $1.7M $2.2M $264K View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $2.5M, expenses of $2.1M, and assets of $4.8M (revenue +315.1% year-over-year).
  • 2021: Revenue of $609K, expenses of $725K, and assets of $4.4M (revenue -73.9% year-over-year).
  • 2018: Revenue of $2.3M, expenses of $2.1M, and assets of $4.1M (revenue -6.0% year-over-year).
  • 2017: Revenue of $2.5M, expenses of $2.1M, and assets of $4.0M (revenue +12.5% year-over-year).
  • 2016: Revenue of $2.2M, expenses of $2.0M, and assets of $3.5M (revenue -1.3% year-over-year).
  • 2015: Revenue of $2.2M, expenses of $2.1M, and assets of $3.4M (revenue +7.9% year-over-year).
  • 2013: Revenue of $2.1M, expenses of $1.8M, and assets of $2.6M (revenue +7.0% year-over-year).
  • 2012: Revenue of $1.9M, expenses of $1.7M, and assets of $2.3M (revenue +8.9% year-over-year).
  • 2011: Revenue of $1.8M, expenses of $1.7M, and assets of $2.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tower Club Of Princeton University:

2022 Filing 2021 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Tower Club Of Princeton University 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.

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