1230 Club of Bay Ridge Inc
Nonprofit profile at a glance
- EIN
- 061829754
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Brooklyn, NY, USA
- Phone
- 9093220510
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $24,639
- Expenses
- $25,632
- Assets
- $2,647
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- Walter Ochoa (Little Chief)
- Joe D'Amato (Director)
- Brian Chin (Big Chief)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The 12:30 Club (the "Club") is one of the oldest organizations in Bay Ridge. Founded well over half a century ago, the Club's Charter is dedicated to the promotion of the "general welfare of its members", as well as the promotion of economic welfare of Bay Ridge. These objectives are encouraged by means of discussions, instruction, entertainment, and social gatherings, allowing local businesses and professionals to exchange information and ideas.Originally meeting in the Crescent Club where Fort Hamilton High School now stands, the Club later moved its meetings to the Hotel Gregory and then Bay Ridge Seafood. Most meetings are now at The Greenhouse Caf with 3-4 meetings held in other local restaurants.Throughout its long history, the Club's membership has included the most civic-minded and distinguished business and professionals in Bay Ridge. The Club celebrated its 100th anniversary in 2025.There are several standing committees: Program Speakers, Golf, Entertainment, Good & Welfare,
What it reported doing in 2025
The 12:30 Club (the "Club") is one of the oldest organizations in Bay Ridge. Founded well over half a century ago, the Club's Charter is dedicated to the promotion of the "general welfare of its members", as well as the promotion of economic welfare of Bay Ridge. These objectives are encouraged by means of discussions, instruction, entertainment, and social gatherings, allowing local businesses and professionals to exchange information and ideas.Originally meeting in the Crescent Club where Fort Hamilton High School now stands, the Club later moved its meetings to the Hotel Gregory and then Bay Ridge Seafood. Most meetings are now at The Greenhouse Caf with 3-4 meetings held in other local restaurants.Throughout its long history, the Club's membership has included the most civic-minded and distinguished business and professionals in Bay Ridge. The Club celebrated its 100th anniversary in 2025.There are several standing committees: Program Speakers, Golf, Entertainment, Good & Welfare, Civic Improvement, and Publicity. New members are asked on their applications which committee they would like to serve on. The committees for Audit Membership and Nominating are elected by the general membership.In total there are 55 members for the Club.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 27
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.6%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 15.2% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 22.1% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: -32% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.