Is Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey Legit?
Quick charity verification for Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey (EIN: 222112978)
Verdict: Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey shows mixed signals
65/100Mission Score
$353KRevenue
$2.7MAssets
3Red Flags
3Strengths
Red Flags
Lack of detailed program reporting makes it difficult to assess the impact of their spending.
Minimal revenue growth over several years despite stable assets.
Absence of executive compensation details raises questions about transparency in leadership remuneration.
Strengths
Consistent asset base over multiple years, indicating financial stability.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Long-standing presence in the community (implied by 'No 1 Of Bedminster Far Hills New Jersey').
Spending Breakdown
How Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey
Is Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey a legitimate charity?
Based on AI analysis of IRS 990 filings, Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey (EIN: 222112978) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey a good charity to donate to?
Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey has a Mission Score of 65/100. Revenue: $353K. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey?
The Employer Identification Number (EIN) for Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey is 222112978. 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 Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey spend its money?
Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey's tax-exempt status?
You can verify Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey's tax-exempt status using EIN 222112978 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
Union Hook And Ladder Co No 1 Of Bedminster Far Hills New Jersey is a public safety & disaster preparedness nonprofit based in Bedminster, New Jersey, with reported revenue of $353K and assets of $2.7M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation information is not disclosed in the provided data, making a direct assessment impossible. Revenue has grown +34% across 13 filing periods.