Quick charity verification for New Jersey State Firemens Association (EIN: 216016434)
Verdict: New Jersey State Firemens Association appears trustworthy
95/100Mission Score
$332KRevenue
$926KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $528,273 in 2014 to $925,935 currently.
Zero reported liabilities across all filings, indicating strong financial health.
No officer compensation reported, maximizing funds for the mission.
Consistent positive net income (revenue exceeding expenses) over the past decade.
Strong financial transparency with consistent IRS 990 filings.
Spending Breakdown
How New Jersey State Firemens Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 New Jersey State Firemens Association
Is New Jersey State Firemens Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey State Firemens Association (EIN: 216016434) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is New Jersey State Firemens Association a good charity to donate to?
New Jersey State Firemens Association has a Mission Score of 95/100. Revenue: $332K. Assets: $926K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Jersey State Firemens Association?
The Employer Identification Number (EIN) for New Jersey State Firemens Association is 216016434. 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 New Jersey State Firemens Association spend its money?
New Jersey State Firemens Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Jersey State Firemens Association's tax-exempt status?
You can verify New Jersey State Firemens Association's tax-exempt status using EIN 216016434 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
The New Jersey State Firemens Association demonstrates consistent financial stability and growth in assets over the past decade. With total assets growing from $528,273 in 2014 to $925,935 currently, the organization has built a solid financial foundation. Revenue has also shown a positive trend, with the latest reported revenue at $332,147, up from $231,420 in 2014. The organization consistently reports zero liabilities, indicating a very healthy balance sheet and strong financial management.
Regarding spending efficiency, the provided data indicates that the organization has consistently managed its expenses below its revenue, leading to annual surpluses that contribute to asset growth. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership structure, which significantly reduces administrative overhead and maximizes resources for its mission. This commitment to minimizing administrative costs is a strong indicator of efficiency.
Transparency is high given the consistent filing of IRS Form 990s and the clear financial picture presented. The lack of officer compensation is a key transparency point, showing that leadership is not drawing salaries from the organization's funds. The consistent growth in assets and positive net income trends further reinforce a well-managed and transparent financial operation.