Quick charity verification for Silverton First Aid Squad Inc (EIN: 221928121)
Verdict: Silverton First Aid Squad Inc appears trustworthy
85/100Mission Score
$789KRevenue
$1.2MAssets
3Red Flags
3Strengths
Red Flags
Significant revenue fluctuations, from $1,134,815 in 2022 to $789,104 in 2023, indicate potential instability in funding sources.
The consistent reporting of $0 for executive compensation, while potentially positive, could also mask unrecorded benefits or raise questions about long-term leadership succession and professional management.
A substantial increase in liabilities from $70,360 in 2020 to $304,854 in 2023, alongside decreasing assets in the most recent year, suggests a deteriorating financial position.
Strengths
Demonstrates a strong commitment to its mission with a high proportion of expenses likely directed towards program services, given the low administrative and fundraising overhead.
Maintained a positive net asset position throughout the analyzed period, indicating financial solvency despite fluctuations.
Long-standing presence (data from 2016-2023) suggests a consistent and valued community service provider.
AI Transparency Report
Silverton First Aid Squad Inc is a public safety & disaster preparedness nonprofit based in Toms River, New Jersey, with reported revenue of $789K and assets of $1.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led executive structure, which is commendable but warrants further investigation to ensure sustainability and proper governance. Revenue has grown +184% across 13 filing periods.