Beach Haven Volunteer Fire Co
Beach Haven Volunteer Fire Co: Strong Assets, Inconsistent Revenue
EIN: 222488748 · Beach Haven, NJ · NTEE: M24 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $544K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $2.2M |
| Transparency Score | 75/100 |
Is Beach Haven Volunteer Fire Co Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beach Haven Volunteer Fire Co directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Beach Haven Volunteer Fire Co
Beach Haven Volunteer Fire Co (EIN: 222488748) is a nonprofit organization based in Beach Haven, NJ, classified under NTEE code M24. The organization reported total revenue of $1.1M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beach Haven Volunteer Fire Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beach Haven Volunteer Fire Co is a mid-size nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $541K |
| Total Expenses | $544K |
| Surplus / Deficit | $-2,976 |
| Total Assets | $2.5M |
| Total Liabilities | $356K |
| Net Assets | $2.2M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 56.2 months |
Financial Health Grade: B
In 2023, Beach Haven Volunteer Fire Co reported a deficit of $3K with expenses exceeding revenue, holds 56.2 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Beach Haven Volunteer Fire Co's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.7% | +51.3% | -5.6% |
| 2022 | -43.3% | -19.5% | -4.6% |
| 2021 | +55.9% | +32.7% | +7.4% |
| 2020 | +8.3% | -72.7% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Beach Haven Volunteer Fire Co with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Beach Haven Volunteer Fire Co allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-led organization.
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 Beach Haven Volunteer Fire Co's IRS 990 filings:
- Revenue has fluctuated significantly, from a high of $712,298 in 2021 to a low of $404,223 in 2022, which could impact long-term financial stability.
- The organization's liabilities have decreased from $854,778 in 2019 to $356,055 in 2023, but the specific reasons for this reduction and its impact on operations are not detailed.
Strengths
The following positive indicators were identified for Beach Haven Volunteer Fire Co:
- Consistently strong asset base, with total assets remaining above $2.5 million over the past five years, providing a solid financial foundation.
- Zero reported executive compensation demonstrates a highly efficient, volunteer-driven operational model.
- Positive net assets (assets exceeding liabilities) are consistently maintained, indicating good financial health.
Frequently Asked Questions about Beach Haven Volunteer Fire Co
Is Beach Haven Volunteer Fire Co a legitimate charity?
Beach Haven Volunteer Fire Co (EIN: 222488748) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 5 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Beach Haven Volunteer Fire Co spend its money?
Beach Haven Volunteer Fire Co directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Beach Haven Volunteer Fire Co tax-deductible?
Beach Haven Volunteer Fire Co is registered as a tax-exempt nonprofit (EIN: 222488748). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Beach Haven Volunteer Fire Co CEO make?
Beach Haven Volunteer Fire Co's highest-compensated officer earns $0 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Beach Haven Volunteer Fire Co's spending goes to programs?
Beach Haven Volunteer Fire Co directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Beach Haven Volunteer Fire Co compare to similar nonprofits?
With a transparency score of 75/100 (Good), Beach Haven Volunteer Fire Co is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beach Haven Volunteer Fire Co located?
Beach Haven Volunteer Fire Co is headquartered in Beach Haven, New Jersey and files with the IRS under EIN 222488748. It is classified under NTEE code M24.
How many years of IRS 990 filings does Beach Haven Volunteer Fire Co have?
Beach Haven Volunteer Fire Co has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
What does Beach Haven Volunteer Fire Co do?
Beach Haven Volunteer Fire Co is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Beach Haven, New Jersey. It is classified under NTEE code M24.
How much revenue does Beach Haven Volunteer Fire Co have?
Beach Haven Volunteer Fire Co reported total revenue of $1,054,095. Based on 5 IRS 990 filings on record.
What are Beach Haven Volunteer Fire Co's total assets?
Beach Haven Volunteer Fire Co holds total assets of $2,729,090 as reported in IRS 990 filings.
Where is Beach Haven Volunteer Fire Co located?
Beach Haven Volunteer Fire Co is based in Beach Haven, New Jersey.
What is Beach Haven Volunteer Fire Co's EIN?
Beach Haven Volunteer Fire Co's Employer Identification Number (EIN) is 222488748. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Beach Haven Volunteer Fire Co?
Beach Haven Volunteer Fire Co is classified under NTEE code M24 (Public Safety & Disaster Preparedness).
Is Beach Haven Volunteer Fire Co a registered 501(c)(3)?
Yes, Beach Haven Volunteer Fire Co is recognized as a tax-exempt organization by the IRS. EIN: 222488748.
Does Beach Haven Volunteer Fire Co file IRS Form 990?
Yes, Beach Haven Volunteer Fire Co has 5 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Beach Haven Volunteer Fire Co's revenue in 2023?
In the 202312 filing period, Beach Haven Volunteer Fire Co reported total revenue of $540,629, total expenses of $543,605, and net assets of $2,544,946.
Is Beach Haven Volunteer Fire Co's revenue growing or declining?
Beach Haven Volunteer Fire Co's revenue is growing. Revenue went from $404,223 (202212) to $540,629 (202312), a +33.7% change. Based on 5 filings on record.
What is Beach Haven Volunteer Fire Co's most recent 990 filing?
The most recent IRS Form 990 filing for Beach Haven Volunteer Fire Co covers tax period 202312. It shows revenue of $540,629, expenses of $543,605, total assets of $2,544,946, and liabilities of $356,055.
How much does Beach Haven Volunteer Fire Co spend on programs vs administration?
Based on IRS 990 analysis, Beach Haven Volunteer Fire Co allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Beach Haven Volunteer Fire Co a trustworthy charity?
Based on AI analysis of IRS 990 data, Beach Haven Volunteer Fire Co appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Beach Haven Volunteer Fire Co?
The following concerns were identified: Revenue has fluctuated significantly, from a high of $712,298 in 2021 to a low of $404,223 in 2022, which could impact long-term financial stability.. The organization's liabilities have decreased from $854,778 in 2019 to $356,055 in 2023, but the specific reasons for this reduction and its impact on operations are not detailed.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Beach Haven Volunteer Fire Co's strengths?
Positive indicators for Beach Haven Volunteer Fire Co include: Consistently strong asset base, with total assets remaining above $2.5 million over the past five years, providing a solid financial foundation.. Zero reported executive compensation demonstrates a highly efficient, volunteer-driven operational model.. Positive net assets (assets exceeding liabilities) are consistently maintained, indicating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Beach Haven Volunteer Fire Co compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-led organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the significant fluctuation in revenue, particularly the drop from $712,298 in 2021 to $404,223 in 2022, impact the organization's ability to plan and fund its programs?
While the organization maintains a strong asset base, such revenue volatility could make long-term program planning challenging and potentially lead to reliance on reserves or one-time funding sources to cover operational costs in leaner years.
Given the 0% executive compensation, what mechanisms are in place to ensure robust governance and accountability within the volunteer leadership?
The data indicates a fully volunteer-led structure, which suggests a strong community commitment. However, without compensation, it's crucial for the organization to have clear bylaws, regular board meetings, and independent oversight to maintain strong governance and accountability.
Filing History
IRS 990 filing history for Beach Haven Volunteer Fire Co showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Beach Haven Volunteer Fire Co's revenue has grown by 28.2%, moving from $422K to $541K. Total assets decreased by 2.7% over the same period, from $2.6M to $2.5M. Total functional expenses fell by 55.9%, from $1.2M to $544K. In its most recent filing year (2023), Beach Haven Volunteer Fire Co reported a deficit of $3K, with expenses exceeding revenue. The organization holds $356K in liabilities against $2.5M in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $541K | $544K | $2.5M | $356K | — | — |
| 2022 | $404K | $359K | $2.7M | $504K | — | View 990 |
| 2021 | $712K | $446K | $2.8M | $679K | — | View 990 |
| 2020 | $457K | $336K | $2.6M | $752K | — | — |
| 2019 | $422K | $1.2M | $2.6M | $855K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $541K, expenses of $544K, and assets of $2.5M (revenue +33.7% year-over-year).
- 2022: Revenue of $404K, expenses of $359K, and assets of $2.7M (revenue -43.3% year-over-year).
- 2021: Revenue of $712K, expenses of $446K, and assets of $2.8M (revenue +55.9% year-over-year).
- 2020: Revenue of $457K, expenses of $336K, and assets of $2.6M (revenue +8.3% year-over-year).
- 2019: Revenue of $422K, expenses of $1.2M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beach Haven Volunteer Fire Co:
Data Sources and Methodology
This transparency report for Beach Haven Volunteer Fire Co 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.