BAYSHORE CENTER AT BIVALVE INC

EIN: 223019683 501(c)(3) Arts, Culture & Humanities

PORT NORRIS, NJ

Total Revenue
$986,745
Total Expenses
$971,839
Total Assets
$4,960,562
Net Assets
$4,217,832
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NJ
Principal Officer
JESSICA YORKE
Phone
8567852060
Tax Period
2024-01-01 to 2024-12-31

BAYSHORE CENTER AT BIVALVE INC, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $987K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $4.2M represent 51 months of operating reserves.

Mission

THROUGH THE STATE'S OFFICIAL TALL SHIP, THE OYSTER SCHOONER AJ MEERWALD, AND HISTORIC WATERFRONT MUSEUM, THE BAYSHORE CENTER AT BIVALVE ("BCB") WILL ADVANCE UNDERSTANDING OF THE HUMAN IMPACT ON NEW JERSEY'S AQUATIC ENVIRONMENT THROUGH EDUCATION, ADVOCACY & PROGRAMMING.

Program Service Accomplishments

Program 1
Expenses: $487,519

BCB ACCOMPLISHES ITS MISSION THROUGH ITS EDUCATIONAL PROGRAMING AT THE BIVALVE CENTER, THROUGH COMMUNITY-BASED PROGRAMS NOT TIED TO THE CENTER, AND ON BOARD THE HISTORIC SCHOONER AJ MEERWALD. BCB'S...

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BCB ACCOMPLISHES ITS MISSION THROUGH ITS EDUCATIONAL PROGRAMING AT THE BIVALVE CENTER, THROUGH COMMUNITY-BASED PROGRAMS NOT TIED TO THE CENTER, AND ON BOARD THE HISTORIC SCHOONER AJ MEERWALD. BCB'S COMMUNITY-BASED PROGRAMS INCLUDE BUT ARE NOT LIMITED TO EDUCATIONAL PROGRAMS HELD IN SCHOOLS, LIBRARIES, PARKS, AND OTHER PUBLIC SPACES. BCB PARTNERS WITH LIKE-MINDED ORGANIZATIONS TO PROVIDE EDUCATIONAL BCB MAINTAINS A SIGNIFICANT COLLECTION OF PHOTOGRAPHS, ARTIFACTS, AND PROGRAMS AROUND THE MID-ATLANTIC REGION INCLUDING HISTORICAL SOCIETIES, MUSEUMS, CIVIC CLUBS, AND OTHER NONPROFITS. BCB'S MOST UNIQUE AND MOST POPULAR EDUCATIONAL PROGRAMING IS ABOARD THE AJ MEERWALD, ON WHICH PASSENGERS LEARN ABOUT THE HISTORY OF THE REGION AND THE HUMAN IMPACT ON IT. THROUGH THESE EDUCATIONAL PROGRAMS, BCB EDUCATES OVER 2,000 CHILDREN AND NEARLY 4,000 ADULTS EACH YEAR ON THE HUMAN IMPACT ON THE ENVIRONMENT USING HISTORY AS A GUIDE.

Program 2
Expenses: $171,156

BCB MAINTAINS A SIGNIFICANT COLLECTION OF PHOTOGRAPHS, ARTIFACTS, AND EPHEMERA DOCUMENTING AND PRESERVING THE HISTORY OF THE DELAWARE BAY. THE FOLKLIFE CENTER PRESENTS PROGRAMS AND CONDUCTS RESEARCH...

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BCB MAINTAINS A SIGNIFICANT COLLECTION OF PHOTOGRAPHS, ARTIFACTS, AND EPHEMERA DOCUMENTING AND PRESERVING THE HISTORY OF THE DELAWARE BAY. THE FOLKLIFE CENTER PRESENTS PROGRAMS AND CONDUCTS RESEARCH INCLUDING AN ORAL HISTORY PROJECT THAT IS CAPTURING BAYSHORE STORIES AND SHARING THEM WITH THE BROADER COMMUNITY. THE RESTORED 1904 BIVALVE SHIPPING SHEDS (ON THE NATIONAL REGISTER OF HISTORIC PLACES) SERVE AS THE CENTERPIECE OF THE MUSEUM AND INTERPRET THE INCREDIBLE IMPORTANCE OF OYSTERS TO THE SOUTH JERSEY REGIONAL ECONOMY AND DEVELOPMENT.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $663,992
Program Service Revenue $243,797
Investment Income $2,822
Other Revenue $76,134
TOTAL REVENUE $986,745

Expense Breakdown

Grants Paid $0
Salaries & Benefits $415,987
Fundraising Expenses $89,580
Program Expenses $658,675
Other Expenses $555,852
TOTAL EXPENSES $971,839

Year-over-Year Comparison

2024 2023 Change
Revenue $986,745 $808,500 +0.2%
Expenses $971,839 $996,584 0.0%
Net Income $14,906 $-188,084 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
32
Volunteers
N/A

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
5
$127,350
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA YORKE EXECUTIVE DI 40.00
Officer
$104,600 $0 $104,600
CANDACE FAUNCE CFO 8.00
Officer
$22,750 $0 $22,750
DAVID ACREE TRUSTEE 2.00
Director
$0 $0 $0
ELIZA BRAUNSTEIN SECRETARY 2.00
Officer Director
$0 $0 $0
JOHN GANCY CHAIR 2.00
Officer Director
$0 $0 $0
NILS HERDELIN TRUSTEE 2.00
Director
$0 $0 $0
ANTHONY KLOCK TRUSTEE 2.00
Director
$0 $0 $0
KATHRYN MICHEL TRUSTEE 2.00
Director
$0 $0 $0
MIKE ROTHMAN TREASURER 2.00
Officer Director
$0 $0 $0
WILLIAM SHERIDAN TRUSTEE 2.00
Director
$0 $0 $0
PATRICK SLAVIN TRUSTEE 2.00
Director
$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 $986,745 $971,839 $4,960,562 $14,906
2023 $808,500 $996,584 $4,983,906 $-188,084
2022 $1,291,712 $829,224 $5,231,780 $462,488
2021 $1,104,355 $1,234,213 $4,891,387 $-129,858
2020 $885,741 $1,031,869 $4,657,964 $-146,128
2019 $875,726 $1,171,919 $4,547,904 $-296,193
2018 $790,438 $1,293,724 $4,857,724 $-503,286
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