Quick charity verification for Old Bridge Fire Company (EIN: 221720553)
Verdict: Old Bridge Fire Company shows mixed signals
60/100Mission Score
$431KRevenue
$663KAssets
3Red Flags
3Strengths
Red Flags
Total assets have steadily declined from $909,465 in 2016 to $646,343 in 2023, a decrease of over 28%.
Liabilities have shown an increasing trend, from $6,803 in 2023 to $36,602 in 2017, indicating potential financial strain.
The organization consistently reports 0% for 'contributions and grants' on its 990-EZ, which is unusual for a nonprofit and suggests reliance on other revenue streams or miscategorization.
Strengths
Consistent revenue generation, averaging around $350,000 annually over the past eight years, demonstrates stable operational funding.
The absence of paid executive compensation indicates a strong commitment to volunteerism and potentially lower administrative overhead.
The organization has maintained a positive net asset position despite declining trends.
AI Transparency Report
Old Bridge Fire Company is a unknown nonprofit based in E Brunswick, New Jersey, with reported revenue of $431K and assets of $663K. Our AI analysis assigns a Mission Score of 60/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting a fully volunteer-run leadership structure. Revenue has declined -23% across 13 filing periods.