Quick charity verification for New Jersey State Firemens Association (EIN: 216016542)
Verdict: New Jersey State Firemens Association appears trustworthy
85/100Mission Score
$364KRevenue
$1.2MAssets
2Red Flags
5Strengths
Red Flags
NTEE Code is unknown, limiting classification and comparative analysis.
Lack of detailed functional expense breakdown in provided data prevents precise program spending ratio calculation.
Strengths
Consistent asset growth, more than doubling from $461,581 in 2014 to $1,166,692 currently.
Consistently reports zero liabilities across all filings, indicating strong financial health and no debt.
No reported officer compensation, suggesting volunteer leadership and efficient use of funds.
Revenue consistently exceeds expenses, leading to healthy surpluses and asset accumulation.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
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: 216016542) appears trustworthy. Mission Score: 85/100. 2 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 85/100. Revenue: $364K. Assets: $1.2M. 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 216016542. 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 216016542 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 growth and strong asset accumulation over the past decade. Revenue has steadily increased from $154,403 in 2014 to $217,701 in 2023, with a notable jump to $363,955 in the latest reported period. This growth is mirrored in their assets, which have more than doubled from $461,581 to $1,166,692 over the same timeframe, indicating sound financial management and an ability to build reserves. The organization consistently reports zero liabilities, which is a significant strength, suggesting excellent fiscal health and no reliance on debt.
Spending efficiency appears robust, as expenses have remained well below revenue, allowing for consistent asset growth. For example, in 2023, expenses were $141,383 against revenues of $217,701, leaving a substantial surplus. The absence of reported officer compensation across all filings indicates that leadership is likely volunteer-based, which can contribute to lower administrative costs and a higher proportion of funds directed towards the mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero liabilities and zero officer compensation across all available filings enhances trust. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a deeper analysis of how funds are allocated specifically to programs versus overhead. Further detail on program activities and their associated costs would improve overall transparency.