Anglesea Fire Company No 1

Anglesea Fire Company No 1 maintains stable assets and volunteer leadership despite periodic operational deficits.

EIN: 210739217 · North Wildwood, NJ · Updated: 2026-03-28

$391KRevenue

$1.1MAssets

85/100Mission Score (Excellent)

About Anglesea Fire Company No 1

Anglesea Fire Company No 1 (EIN: 210739217) is a nonprofit organization based in North Wildwood, NJ. The organization reported total revenue of $391K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anglesea Fire Company No 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Anglesea Fire Company No 1 demonstrates consistent financial operations typical of a volunteer fire department. Over the past several years, the organization has maintained a stable asset base, generally exceeding $1 million, with total assets reported at $1,047,374 in 2023. Revenue and expenses fluctuate year-to-year, with 2023 showing expenses ($232,517) exceeding revenue ($172,122), resulting in a deficit for that period. This trend of expenses occasionally surpassing revenue is observed in multiple years (e.g., 2022, 2020, 2017), suggesting reliance on accumulated reserves or other funding mechanisms to cover operational costs.

The organization's spending efficiency appears to be focused on its core mission, as indicated by the 0% officer compensation across all reported periods. This suggests that the leadership is volunteer-based, which is common for fire companies and contributes to lower administrative overhead. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio is difficult to ascertain, but the absence of paid officers is a positive indicator for resource allocation. The organization's liabilities have shown a general downward trend from a high of $521,792 in 2014 to $56,615 in 2023, indicating responsible financial management in reducing debt.

Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The consistent reporting of 0% officer compensation is a clear sign of volunteer leadership, which enhances trust. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a deeper analysis of specific program spending versus administrative or fundraising costs. Overall, the financial health appears stable, supported by significant assets and a declining liability trend, despite periodic operational deficits.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Anglesea Fire Company No 1 with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Anglesea Fire Company No 1 allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteer officers. This is a strong positive for a nonprofit of this size, as it ensures that all revenue is directed towards the organization's mission rather than salaries.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Anglesea Fire Company No 1's IRS 990 filings:

Periodic operational deficits (e.g., 2023, 2022, 2020, 2017) where expenses exceeded revenue, requiring reliance on reserves or other funding.

Strengths

The following positive indicators were identified for Anglesea Fire Company No 1:

Consistent volunteer leadership with 0% officer compensation reported across all filings.
Strong asset base consistently over $1 million, providing financial stability.
Significant reduction in liabilities over the past decade, from $521,792 in 2014 to $56,615 in 2023.
Long history of IRS 990 filings (13 periods), indicating good transparency and compliance.

Frequently Asked Questions about Anglesea Fire Company No 1

Is Anglesea Fire Company No 1 financially stable?

Yes, the organization appears financially stable, maintaining over $1 million in assets and significantly reducing its liabilities from $521,792 in 2014 to $56,615 in 2023. While some years show expenses exceeding revenue (e.g., $232,517 expenses vs. $172,122 revenue in 2023), the substantial asset base suggests an ability to absorb these fluctuations.

Does Anglesea Fire Company No 1 pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation across all 13 periods, indicating that the organization's leadership is entirely volunteer-based.

How has the organization's debt changed over time?

Anglesea Fire Company No 1 has significantly reduced its liabilities, decreasing from $521,792 in 2014 to $56,615 in 2023, demonstrating effective debt management.

Filing History

IRS 990 filing history for Anglesea Fire Company No 1 showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Anglesea Fire Company No 1's revenue has declined by 26%, moving from $233K to $172K. Total assets decreased by 26.1% over the same period, from $1.4M to $1.0M. Total functional expenses fell by 20.2%, from $291K to $233K. In its most recent filing year (2023), Anglesea Fire Company No 1 reported a deficit of $60K, with expenses exceeding revenue. The organization holds $57K in liabilities against $1.0M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $991K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$172K	$233K	$1.0M	$57K	—	View 990
2022	$240K	$276K	$1.1M	$63K	—	—
2021	$246K	$172K	$1.2M	$91K	—	View 990
2020	$98K	$183K	$1.1M	$45K	—	—
2019	$297K	$185K	$1.2M	$121K	—	View 990
2018	$299K	$241K	$1.2M	$203K	—	View 990
2017	$299K	$308K	$1.2M	$266K	—	View 990
2016	$291K	$166K	$1.3M	$350K	—	View 990
2015	$305K	$186K	$1.2M	$425K	—	View 990
2014	$327K	$253K	$1.2M	$522K	—	View 990
2013	$329K	$254K	$1.2M	$630K	—	View 990
2012	$228K	$303K	$1.3M	$734K	—	View 990
2011	$233K	$291K	$1.4M	$802K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $172K, expenses of $233K, and assets of $1.0M (revenue -28.4% year-over-year).
2022: Revenue of $240K, expenses of $276K, and assets of $1.1M (revenue -2.4% year-over-year).
2021: Revenue of $246K, expenses of $172K, and assets of $1.2M (revenue +150.0% year-over-year).
2020: Revenue of $98K, expenses of $183K, and assets of $1.1M (revenue -66.9% year-over-year).
2019: Revenue of $297K, expenses of $185K, and assets of $1.2M (revenue -0.6% year-over-year).
2018: Revenue of $299K, expenses of $241K, and assets of $1.2M (revenue +0.1% year-over-year).
2017: Revenue of $299K, expenses of $308K, and assets of $1.2M (revenue +2.6% year-over-year).
2016: Revenue of $291K, expenses of $166K, and assets of $1.3M (revenue -4.7% year-over-year).
2015: Revenue of $305K, expenses of $186K, and assets of $1.2M (revenue -6.7% year-over-year).
2014: Revenue of $327K, expenses of $253K, and assets of $1.2M (revenue -0.6% year-over-year).
2013: Revenue of $329K, expenses of $254K, and assets of $1.2M (revenue +44.4% year-over-year).
2012: Revenue of $228K, expenses of $303K, and assets of $1.3M (revenue -2.0% year-over-year).
2011: Revenue of $233K, expenses of $291K, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Anglesea Fire Company No 1 is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.