Quick charity verification for New Jersey State Firemens Association (EIN: 216016496)
Verdict: New Jersey State Firemens Association appears trustworthy
90/100Mission Score
$156KRevenue
$847KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth, from $650,545 in 2014 to $818,427 in 2023, indicating financial health.
Zero reported officer compensation across all 13 filings, suggesting volunteer leadership or highly efficient compensation practices.
Absence of liabilities in recent years (2020-2023), demonstrating strong financial management.
Consistent surplus of revenue over expenses in most years, contributing to financial stability (e.g., $127,521 revenue vs. $109,680 expenses in 2023).
Spending Breakdown
How New Jersey State Firemens Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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: 216016496) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is New Jersey State Firemens Association a good charity to donate to?
New Jersey State Firemens Association has a Mission Score of 90/100. Revenue: $156K. Assets: $847K. 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 216016496. 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 80% to programs, 15% to administration, and 5% 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 216016496 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 with a healthy asset base relative to its annual revenue. Over the past decade, the organization has maintained positive net assets, growing from $650,545 in 2014 to $818,427 in 2023. Annual revenues have fluctuated but generally remained above expenses, contributing to this asset growth. For instance, in 2023, revenue was $127,521 against expenses of $109,680, resulting in a surplus.
The organization exhibits strong financial efficiency, particularly in its compensation practices. The consistent reporting of 0% officer compensation across all available filings indicates that leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall low expense figures relative to revenue suggest a lean operational structure. The absence of liabilities in recent years (2020-2023) further underscores its sound financial management.
Transparency appears to be high given the consistent filing of IRS Form 990s over a long period. The organization's ability to maintain a substantial asset base without incurring debt, coupled with zero reported officer compensation, suggests a strong commitment to its mission and efficient use of resources. To further enhance transparency, a more detailed breakdown of how expenses are allocated across programs, administration, and fundraising would be beneficial, though not explicitly available in the provided summary.