Consistent operational deficits where expenses frequently exceed revenue (e.g., 2023: $201,512 expenses vs. $90,494 revenue), which could indicate reliance on reserves or unsustainable funding models if not addressed.
Strengths
Strong asset base, consistently over $1 million, providing financial stability ($1,448,639 in latest filing).
Zero liabilities reported across all filings, indicating excellent debt management and financial health.
0% officer compensation reported, demonstrating a commitment to volunteer leadership and efficient use of funds.
Consistent filing history (13 filings) indicates good compliance and transparency with IRS reporting requirements.
Spending Breakdown
How Scotch Plains Rescue Squad Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Scotch Plains Rescue Squad Inc
Is Scotch Plains Rescue Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Scotch Plains Rescue Squad Inc (EIN: 208027814) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Scotch Plains Rescue Squad Inc a good charity to donate to?
Scotch Plains Rescue Squad Inc has a Mission Score of 80/100. Revenue: $255K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Scotch Plains Rescue Squad Inc?
The Employer Identification Number (EIN) for Scotch Plains Rescue Squad Inc is 208027814. 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 Scotch Plains Rescue Squad Inc spend its money?
Scotch Plains Rescue Squad Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Scotch Plains Rescue Squad Inc's tax-exempt status?
You can verify Scotch Plains Rescue Squad Inc's tax-exempt status using EIN 208027814 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 Scotch Plains Rescue Squad Inc demonstrates a consistent operational presence, providing emergency services as indicated by its NTEE code (M23). Financially, the organization shows a pattern of expenses often exceeding revenue, particularly in recent years. For instance, in 2023, expenses were $201,512 against revenues of $90,494, and in 2020, expenses were $263,806 against revenues of $195,921. Despite these operational deficits, the organization maintains a healthy asset base, with assets consistently over $1 million, reaching $1,448,639 in the latest filing. This suggests a reliance on accumulated reserves or non-operating income to sustain operations.
The organization's transparency is strong regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that the leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The consistent lack of liabilities ($0 across all filings) is a significant strength, indicating sound financial management and no reliance on debt.
Overall, while the Scotch Plains Rescue Squad Inc faces recurring operational deficits, its strong asset base and complete absence of liabilities provide a stable financial foundation. The transparency in executive compensation is commendable, though more detailed expense breakdowns would further enhance financial clarity and allow for a more precise assessment of spending efficiency.