Basking Ridge Fire Company No 1
EIN: 226047072 · Basking Ridge, NJ · NTEE: M240
Is Basking Ridge Fire Company No 1 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Basking Ridge Fire Company No 1
Basking Ridge Fire Company No 1 (EIN: 226047072) is a nonprofit organization based in Basking Ridge, NJ, classified under NTEE code M240. The organization reported total revenue of $274K and total assets of $698K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Basking Ridge Fire Company No 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Basking Ridge Fire Company No 1 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Basking Ridge Fire Company No 1 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Basking Ridge Fire Company No 1
Is Basking Ridge Fire Company No 1 a legitimate charity?
Based on AI analysis of IRS 990 filings, Basking Ridge Fire Company No 1 (EIN: 226047072) insufficient data. 0 red flags identified, 0 strengths noted.
How does Basking Ridge Fire Company No 1 spend its money?
Detailed spending breakdown data is not yet available for Basking Ridge Fire Company No 1. Check back for updated IRS 990 analysis.
Are donations to Basking Ridge Fire Company No 1 tax-deductible?
Basking Ridge Fire Company No 1 is registered as a tax-exempt nonprofit (EIN: 226047072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Basking Ridge Fire Company No 1 showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Basking Ridge Fire Company No 1's revenue has grown by 54.4%, moving from $203K to $314K. Total assets increased by 41.4% over the same period, from $562K to $795K. Total functional expenses rose by 71.5%, from $150K to $258K. In its most recent filing year (2023), Basking Ridge Fire Company No 1 reported a surplus of $56K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $314K | $258K | $795K | $0 | — | — |
| 2022 | $210K | $151K | $739K | $0 | — | View 990 |
| 2021 | $240K | $217K | $681K | $0 | — | View 990 |
| 2020 | $210K | $338K | $658K | $0 | — | — |
| 2019 | $223K | $187K | $786K | $0 | — | View 990 |
| 2018 | $184K | $196K | $750K | $0 | — | View 990 |
| 2017 | $330K | $188K | $763K | $0 | — | View 990 |
| 2016 | $173K | $211K | $621K | $0 | — | View 990 |
| 2015 | $177K | $221K | $659K | $0 | — | View 990 |
| 2014 | $191K | $180K | $703K | $0 | — | View 990 |
| 2013 | $194K | $150K | $692K | $0 | — | View 990 |
| 2012 | $192K | $164K | $647K | $0 | — | View 990 |
| 2011 | $187K | $129K | $620K | $0 | — | View 990 |
| 2010 | $203K | $150K | $562K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $314K, expenses of $258K, and assets of $795K (revenue +49.8% year-over-year).
- 2022: Revenue of $210K, expenses of $151K, and assets of $739K (revenue -12.7% year-over-year).
- 2021: Revenue of $240K, expenses of $217K, and assets of $681K (revenue +14.0% year-over-year).
- 2020: Revenue of $210K, expenses of $338K, and assets of $658K (revenue -5.5% year-over-year).
- 2019: Revenue of $223K, expenses of $187K, and assets of $786K (revenue +21.1% year-over-year).
- 2018: Revenue of $184K, expenses of $196K, and assets of $750K (revenue -44.2% year-over-year).
- 2017: Revenue of $330K, expenses of $188K, and assets of $763K (revenue +90.4% year-over-year).
- 2016: Revenue of $173K, expenses of $211K, and assets of $621K (revenue -2.3% year-over-year).
- 2015: Revenue of $177K, expenses of $221K, and assets of $659K (revenue -7.1% year-over-year).
- 2014: Revenue of $191K, expenses of $180K, and assets of $703K (revenue -1.6% year-over-year).
- 2013: Revenue of $194K, expenses of $150K, and assets of $692K (revenue +1.2% year-over-year).
- 2012: Revenue of $192K, expenses of $164K, and assets of $647K (revenue +2.6% year-over-year).
- 2011: Revenue of $187K, expenses of $129K, and assets of $620K (revenue -8.1% year-over-year).
- 2010: Revenue of $203K, expenses of $150K, and assets of $562K.
Data Sources and Methodology
This transparency report for Basking Ridge 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.