OCEAN BEACH AND BAY CLUB (EIN 210649642) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

BRIAN QUINN

Phone

7327933798

Tax Period

2023-01-01 to 2023-12-31

OCEAN BEACH AND BAY CLUB, founded in 1951, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $208K, a strong 19% operating margin.

Mission

TO PROMOTE AND PROTECT THE GENERAL WELFARE AND PROPERTY RIGHTS OF THE PROPERTY OWNERS IN THEIR USE AND ENJOYMENT OF THE PROPERTY AT OCEAN BEACH IN THE BOROUGH OF LAVALLETTE IN OCEAN COUNTY NEW JERSEY. AND TO PROMOTE THE IMPROVEMENT OF ALL NATURAL FACILITIES OF THE BEACH FRONT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $878,507

Program Service Revenue $175,584

Investment Income $26,789

Other Revenue $1,354

TOTAL REVENUE $1,082,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $473,140

Fundraising Expenses $0

Program Expenses $642,793

Other Expenses $401,040

TOTAL EXPENSES $874,180

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,082,234	$1,140,527	-0.1%
Expenses	$874,180	$864,115	+0.0%
Net Income	$208,054	$276,412	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON ANDEROLA	TRUSTEE	4.00		$0	$0	$0
MONICA ANTON	TRUSTEE	4.00		$0	$0	$0
BOB BANDEL	TRUSTEE	4.00		$0	$0	$0
MIKE HANEY	TRUSTEE	4.00		$0	$0	$0
TOM ZICH	TRUSTEE	4.00		$0	$0	$0
FRANK AUGUSTINE	SECRETARY	5.00	Officer	$0	$0	$0
DONNA DRUMMOND	TREASUER	5.00	Officer	$0	$0	$0
KEN LEVINE	VICE PRESIDE	5.00	Officer	$0	$0	$0
BRIAN QUINN	PRESIDENT	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,082,234	$874,180	$2,488,030	$208,054
2022	$1,140,527	$864,115	$2,068,271	$276,412
2021	$1,076,705	$805,181	$1,798,093	$271,524
2020	$1,056,238	$789,466	$1,574,907	$266,772
2019	$1,185,536	$736,083	$1,257,420	$449,453
2018	$847,761	$715,905	$824,934	$131,856

OCEAN BEACH AND BAY CLUB