LONG BEACH ISLAND FISHING CLUB

EIN: 216008984

HARVEY CEDARS, NJ

Total Revenue
$82,492
Total Expenses
$66,487
Total Assets
$507,695
Net Assets
$507,695
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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
1962
Legal Domicile
NJ
Principal Officer
PAUL CASTRATI
Phone
6092386515
Tax Period
2025-01-01 to 2025-12-31

LONG BEACH ISLAND FISHING CLUB, founded in 1962, is a micro nonprofit that reported $82K in total revenue in fiscal year 2025. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 19% operating margin.

Mission

A SOCIAL CLUB TO PROVIDE THE OPPORTUNITY TO SURF FISH TO THE MEMBERS OF THE CLUB.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $58,163
Program Service Revenue $10,998
Investment Income $3,846
Other Revenue $9,485
TOTAL REVENUE $82,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $66,487
TOTAL EXPENSES $66,487

Year-over-Year Comparison

2025 2024 Change
Revenue $82,492 $122,849 -0.3%
Expenses $66,487 $99,317 -0.3%
Net Income $16,005 $23,532 -0.3%
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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL TEDESCO PRESIDENT N/A
Officer
$0 $0 $0
PAUL CASTRATI VICE PRESIDE N/A
Officer
$0 $0 $0
STEPHEN PIRRELLO SECRETARY N/A
Officer
$0 $0 $0
MICHAEL GINN TREASURER N/A
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
2025 $82,492 $66,487 $507,695 $16,005
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