Wildwood Business Improvement Management Corporation
Wildwood Business Improvement Management Corporation consistently operates with a surplus and reports no officer compensation.
EIN: 201335805 · Wildwood, NJ · NTEE: S20 · Updated: 2026-03-28
Is Wildwood Business Improvement Management Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wildwood Business Improvement Management Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wildwood Business Improvement Management Corporation
Wildwood Business Improvement Management Corporation (EIN: 201335805) is a nonprofit organization based in Wildwood, NJ, classified under NTEE code S20. The organization reported total revenue of $602K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wildwood Business Improvement Management Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wildwood Business Improvement Management Corporation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Wildwood Business Improvement Management Corporation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure or that executive functions are covered by other operational costs, which is highly favorable for resource allocation.
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 Wildwood Business Improvement Management Corporation's IRS 990 filings:
- Slight decline in total assets over the last few years without a clear explanation in the provided data.
Strengths
The following positive indicators were identified for Wildwood Business Improvement Management Corporation:
- Consistent revenue exceeding expenses, indicating financial stability (e.g., 2022: Revenue $542,470, Expenses $527,187).
- Zero reported officer compensation across all filings, demonstrating high efficiency in executive costs.
- Healthy asset base relative to annual revenue ($1,503,964 in assets vs. $542,470 in revenue for 2022).
- Decreasing liabilities over recent years, suggesting good debt management (e.g., $320,442 in 2018 to $268,461 in 2022).
Frequently Asked Questions about Wildwood Business Improvement Management Corporation
Is Wildwood Business Improvement Management Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wildwood Business Improvement Management Corporation (EIN: 201335805) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Wildwood Business Improvement Management Corporation spend its money?
Wildwood Business Improvement Management Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wildwood Business Improvement Management Corporation tax-deductible?
Wildwood Business Improvement Management Corporation is registered as a tax-exempt nonprofit (EIN: 201335805). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Wildwood Business Improvement Management Corporation a good charity?
Based on the available financial data, Wildwood Business Improvement Management Corporation appears to be a well-managed organization. It consistently operates with a surplus, maintains healthy assets, and most notably, reports no officer compensation, which is a strong indicator of efficient resource allocation towards its mission.
How has the organization's financial health changed over time?
The organization has maintained a stable financial position, consistently generating more revenue than expenses. While assets have slightly decreased from a peak in 2018 ($1,681,972) to 2022 ($1,503,964), liabilities have also decreased, suggesting a controlled financial environment. Revenue has generally increased over the long term, from $302,500 in 2013 to $542,470 in 2022, with a notable spike in 2017.
What is the organization's approach to executive compensation?
Wildwood Business Improvement Management Corporation reports 0% officer compensation in all available IRS 990 filings. This indicates a strong commitment to minimizing administrative overhead related to executive salaries and maximizing funds for its programs.
Filing History
IRS 990 filing history for Wildwood Business Improvement Management Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Wildwood Business Improvement Management Corporation's revenue has grown by 189.3%, moving from $188K to $542K. Total assets increased by 1730.9% over the same period, from $82K to $1.5M. Total functional expenses rose by 112.8%, from $248K to $527K. In its most recent filing year (2022), Wildwood Business Improvement Management Corporation reported a surplus of $15K, with revenue exceeding expenses. The organization holds $268K in liabilities against $1.5M in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $542K | $527K | $1.5M | $268K | — | View 990 |
| 2021 | $548K | $483K | $1.6M | $281K | — | View 990 |
| 2020 | $493K | $456K | $1.6M | $295K | — | View 990 |
| 2019 | $481K | $448K | $1.6M | $316K | — | View 990 |
| 2018 | $490K | $390K | $1.7M | $320K | — | View 990 |
| 2017 | $1.4M | $353K | $1.6M | $332K | — | — |
| 2016 | $372K | $343K | $566K | $345K | — | View 990 |
| 2015 | $358K | $310K | $403K | $210K | — | View 990 |
| 2014 | $358K | $274K | $355K | $210K | — | View 990 |
| 2013 | $303K | $276K | $351K | $290K | — | View 990 |
| 2012 | $191K | $238K | $244K | $209K | — | View 990 |
| 2011 | $188K | $248K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $542K, expenses of $527K, and assets of $1.5M (revenue -1.0% year-over-year).
- 2021: Revenue of $548K, expenses of $483K, and assets of $1.6M (revenue +11.2% year-over-year).
- 2020: Revenue of $493K, expenses of $456K, and assets of $1.6M (revenue +2.5% year-over-year).
- 2019: Revenue of $481K, expenses of $448K, and assets of $1.6M (revenue -1.8% year-over-year).
- 2018: Revenue of $490K, expenses of $390K, and assets of $1.7M (revenue -65.8% year-over-year).
- 2017: Revenue of $1.4M, expenses of $353K, and assets of $1.6M (revenue +285.1% year-over-year).
- 2016: Revenue of $372K, expenses of $343K, and assets of $566K (revenue +4.0% year-over-year).
- 2015: Revenue of $358K, expenses of $310K, and assets of $403K (revenue -0.1% year-over-year).
- 2014: Revenue of $358K, expenses of $274K, and assets of $355K (revenue +18.3% year-over-year).
- 2013: Revenue of $303K, expenses of $276K, and assets of $351K (revenue +58.2% year-over-year).
- 2012: Revenue of $191K, expenses of $238K, and assets of $244K (revenue +2.0% year-over-year).
- 2011: Revenue of $188K, expenses of $248K, and assets of $82K.
Data Sources and Methodology
This transparency report for Wildwood Business Improvement Management Corporation 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.