Quick charity verification for Tri County Fire Co 1 (EIN: 222316548)
Verdict: Tri County Fire Co 1 appears trustworthy
70/100Mission Score
$180KRevenue
$696KAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of $0 for officer compensation raises questions about leadership structure and potential hidden compensation.
Lack of detailed program expense breakdown makes it difficult to assess the direct impact of funds.
The organization's 'net assets without donor restrictions' have shown a slight decline in recent years, from $673,100 in 2023 to $656,391 in 2022, and $655,704 in 2021, indicating a potential draw on reserves or insufficient revenue growth.
Strengths
The organization maintains a healthy asset base, with total assets consistently above $500,000.
Revenue has been relatively stable over the past few years, with a notable increase in 2023 to $105,903 from $77,525 in 2020.
The organization has consistently reported 0% for 'compensation of current officers, directors, trustees, and key employees' in relation to total expenses, indicating a lean administrative overhead if accurate.
Spending Breakdown
How Tri County Fire Co 1 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 Tri County Fire Co 1
Is Tri County Fire Co 1 a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri County Fire Co 1 (EIN: 222316548) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Tri County Fire Co 1 a good charity to donate to?
Tri County Fire Co 1 has a Mission Score of 70/100. Revenue: $180K. Assets: $696K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tri County Fire Co 1?
The Employer Identification Number (EIN) for Tri County Fire Co 1 is 222316548. 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 Tri County Fire Co 1 spend its money?
Tri County Fire Co 1 allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tri County Fire Co 1's tax-exempt status?
You can verify Tri County Fire Co 1's tax-exempt status using EIN 222316548 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
Tri County Fire Co 1 is a public safety & disaster preparedness nonprofit based in Hackettstown, New Jersey, with reported revenue of $180K and assets of $696K. Our AI analysis assigns a Mission Score of 70/100 (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, which suggests either an entirely volunteer-run leadership or that compensation is categorized differently and not transparently disclosed. Revenue has grown +82% across 13 filing periods.