Quick charity verification for Liberty Corner Fire Company (EIN: 222612970)
Verdict: Liberty Corner Fire Company appears trustworthy
75/100Mission Score
$310KRevenue
$2.0MAssets
2Red Flags
3Strengths
Red Flags
Lack of detailed program reporting makes it difficult to assess direct community impact.
The nature of 'nt' (nonprofit type) is not provided, which is crucial for understanding its mission and comparing it to similar organizations.
Strengths
Consistent revenue and asset growth over the past several years, indicating stable financial health.
Low liabilities (l0) across all reported years, suggesting strong financial management and minimal debt.
Assets have grown from $1,085,148 in 2016 to $1,797,746 in 2023, demonstrating long-term financial stability.
Spending Breakdown
How Liberty Corner Fire Company allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Liberty Corner Fire Company
Is Liberty Corner Fire Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Liberty Corner Fire Company (EIN: 222612970) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Liberty Corner Fire Company a good charity to donate to?
Liberty Corner Fire Company has a Mission Score of 75/100. Revenue: $310K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Liberty Corner Fire Company?
The Employer Identification Number (EIN) for Liberty Corner Fire Company is 222612970. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Liberty Corner Fire Company spend its money?
Liberty Corner Fire Company allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Liberty Corner Fire Company's tax-exempt status?
You can verify Liberty Corner Fire Company's tax-exempt status using EIN 222612970 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Liberty Corner Fire Company is a unknown nonprofit based in Liberty Cor, New Jersey, with reported revenue of $310K and assets of $2.0M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. • Financial filings are consistently submitted, showing regular operational expenses.
• No specific program details or impact metrics are readily available in the provided data.
• The organization's tax-exempt status (501c3) is not explicitly stated in the provided data, which could impact donor confidence. Executive compensation is not reported in the provided financial data, suggesting it is below the disclosure threshold or not applicable for this volunteer-based fire company. Revenue has grown +191% across 13 filing periods.