Quick charity verification for New Market Volunteer Fire Co Inc (EIN: 221993239)
Verdict: New Market Volunteer Fire Co Inc appears trustworthy
75/100Mission Score
$261KRevenue
$435KAssets
3Red Flags
3Strengths
Red Flags
Lack of detailed program spending breakdown makes it difficult to assess direct impact.
Limited public information regarding board governance and specific operational activities.
No clear indication of how the 0% lobbying and political campaign contributions are verified.
Strengths
Consistent revenue generation over the past several years, indicating stable community support.
Healthy asset growth from $175,833 in 2018 to $435,103 in 2023, demonstrating financial stability.
Low overhead indicated by the absence of reported executive compensation.
Spending Breakdown
How New Market Volunteer Fire Co Inc 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 New Market Volunteer Fire Co Inc
Is New Market Volunteer Fire Co Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Market Volunteer Fire Co Inc (EIN: 221993239) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is New Market Volunteer Fire Co Inc a good charity to donate to?
New Market Volunteer Fire Co Inc has a Mission Score of 75/100. Revenue: $261K. Assets: $435K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Market Volunteer Fire Co Inc?
The Employer Identification Number (EIN) for New Market Volunteer Fire Co Inc is 221993239. 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 Market Volunteer Fire Co Inc spend its money?
New Market Volunteer Fire Co Inc allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Market Volunteer Fire Co Inc's tax-exempt status?
You can verify New Market Volunteer Fire Co Inc's tax-exempt status using EIN 221993239 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
New Market Volunteer Fire Co Inc is a public safety & disaster preparedness nonprofit based in Piscataway, New Jersey, with reported revenue of $261K and assets of $435K. 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 statements are available, but detailed program breakdowns are not readily apparent. • No clear annual report or impact statement is published. • Board member information is not easily accessible. Executive compensation is not reported in the provided filings, suggesting it is below the disclosure threshold or handled by an external entity. Revenue has grown +17% across 13 filing periods.