Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J
Colonia Volunteer Chemical Hook & Ladder Co: Consistent Revenue, High Administrative Costs
EIN: 222915379 · Colonia, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $201K |
| Program Spending | 60% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $97K |
| Transparency Score | 65/100 |
Is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J (EIN: 222915379) is a nonprofit organization based in Colonia, NJ. The organization reported total revenue of $183K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J is a small nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $201K |
| Surplus / Deficit | $-17,992 |
| Total Assets | $97K |
| Net Assets | $97K |
| Operating Margin | -9.8% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2022, Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J reported a deficit of $18K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2022), Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -7.5% | +25.5% | -15.6% |
| 2021 | +27.2% | -12.8% | +48.7% |
| 2020 | +11.7% | +29.1% | -26.7% |
| 2019 | +9.6% | -13.9% | -2.9% |
| 2018 | +5.7% | +22.8% | -26.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J with a Mission Score of 65 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: 25%
- programs: 60%
- fundraising: 15%
According to IRS 990 filings, Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, indicating that no officers, directors, trustees, or key employees received more than $100,000 in reportable compensation.
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 Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's IRS 990 filings:
- Administrative expenses (x) consistently exceed revenue (r) in multiple years (e.g., 2022: $201,185 vs $183,193; 2020: $183,794 vs $155,608), suggesting potential operational inefficiencies or reliance on prior year assets.
- The organization's net assets have fluctuated, with a notable decrease from $161,684 in 2016 to $97,080 in 2022, indicating a decline in financial reserves.
Strengths
The following positive indicators were identified for Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J:
- The organization has maintained a consistent level of revenue over the past eight years, demonstrating stable donor or funding support.
- Despite fluctuations, the organization has consistently reported positive net assets, indicating financial solvency.
Frequently Asked Questions about Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J
Is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J a legitimate charity?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J (EIN: 222915379) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $183K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J spend its money?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J directs 60% of its spending to programs and services. Fundraising costs 15%. This falls below the 65% benchmark.
Are donations to Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J tax-deductible?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J is registered as a tax-exempt nonprofit (EIN: 222915379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J CEO make?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's highest-compensated officer earns $100,000 annually. The organization reported $183K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's spending goes to programs?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J directs 60% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J located?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J is headquartered in Colonia, New Jersey and files with the IRS under EIN 222915379.
How many years of IRS 990 filings does Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J have?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J has 12 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 $183K in total revenue.
What does Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J do?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J is a nonprofit organization in the Unknown sector, located in Colonia, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J have?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J reported total revenue of $183,193. Based on 12 IRS 990 filings on record.
What are Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's total assets?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J holds total assets of $97,080 as reported in IRS 990 filings.
Where is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J located?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J is based in Colonia, New Jersey.
What is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's EIN?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's Employer Identification Number (EIN) is 222915379. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J is classified under NTEE code Unknown (Unknown).
Is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J a registered 501(c)(3)?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J appears in IRS records (EIN: 222915379). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J file IRS Form 990?
Yes, Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J has 12 IRS Form 990 filings on record. The most recent covers tax period 202204.
What was Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's revenue in 2022?
In the 202204 filing period, Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J reported total revenue of $183,193, total expenses of $201,185, and net assets of $97,080.
Is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's revenue growing or declining?
Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's revenue is declining. Revenue went from $197,958 (202104) to $183,193 (202204), a -7.5% change. Based on 12 filings on record.
What is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's most recent 990 filing?
The most recent IRS Form 990 filing for Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J covers tax period 202204. It shows revenue of $183,193, expenses of $201,185, total assets of $97,080, and liabilities of N/A.
How much does Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J spend on programs vs administration?
Based on IRS 990 analysis, Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J allocates approximately 60% of expenses to program services, 25% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J a trustworthy charity?
Based on AI analysis of IRS 990 data, Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J?
The following concerns were identified: Administrative expenses (x) consistently exceed revenue (r) in multiple years (e.g., 2022: $201,185 vs $183,193; 2020: $183,794 vs $155,608), suggesting potential operational inefficiencies or reliance on prior year assets.. The organization's net assets have fluctuated, with a notable decrease from $161,684 in 2016 to $97,080 in 2022, indicating a decline in financial reserves.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's strengths?
Positive indicators for Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J include: The organization has maintained a consistent level of revenue over the past eight years, demonstrating stable donor or funding support.. Despite fluctuations, the organization has consistently reported positive net assets, indicating financial solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J compensate executives?
Executive compensation is not reported in the provided filings, indicating that no officers, directors, trustees, or key employees received more than $100,000 in reportable compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J?
- The organization's 990-EZ filings are publicly available, providing basic financial data. - Detailed program service accomplishments and specific administrative breakdowns are not extensively detailed in the provided filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent trend of expenses exceeding revenue in several years, how does Colonia Volunteer Chemical Hook & Ladder Co sustain its operations without reporting a deficit in net assets?
The organization likely covers the difference between expenses and revenue by drawing from its accumulated net assets from prior years, as evidenced by the fluctuating but generally decreasing asset base over time.
Filing History
IRS 990 filing history for Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J's revenue has grown by 89.6%, moving from $97K to $183K. Total assets decreased by 3.5% over the same period, from $101K to $97K. Total functional expenses rose by 164.8%, from $76K to $201K. In its most recent filing year (2022), Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $183K | $201K | $97K | $0 | — | View 990 |
| 2021 | $198K | $160K | $115K | $0 | — | — |
| 2020 | $156K | $184K | $77K | $0 | — | View 990 |
| 2019 | $139K | $142K | $106K | $0 | — | View 990 |
| 2018 | $127K | $165K | $109K | $0 | — | View 990 |
| 2017 | $120K | $135K | $147K | $0 | — | View 990 |
| 2016 | $143K | $105K | $162K | $0 | — | View 990 |
| 2015 | $102K | $95K | $124K | $0 | — | View 990 |
| 2014 | $97K | $90K | $117K | $0 | — | View 990 |
| 2013 | $88K | $83K | $109K | $0 | — | View 990 |
| 2012 | $100K | $85K | $115K | $0 | — | View 990 |
| 2011 | $97K | $76K | $101K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $183K, expenses of $201K, and assets of $97K (revenue -7.5% year-over-year).
- 2021: Revenue of $198K, expenses of $160K, and assets of $115K (revenue +27.2% year-over-year).
- 2020: Revenue of $156K, expenses of $184K, and assets of $77K (revenue +11.7% year-over-year).
- 2019: Revenue of $139K, expenses of $142K, and assets of $106K (revenue +9.6% year-over-year).
- 2018: Revenue of $127K, expenses of $165K, and assets of $109K (revenue +5.7% year-over-year).
- 2017: Revenue of $120K, expenses of $135K, and assets of $147K (revenue -15.8% year-over-year).
- 2016: Revenue of $143K, expenses of $105K, and assets of $162K (revenue +39.5% year-over-year).
- 2015: Revenue of $102K, expenses of $95K, and assets of $124K (revenue +5.1% year-over-year).
- 2014: Revenue of $97K, expenses of $90K, and assets of $117K (revenue +11.1% year-over-year).
- 2013: Revenue of $88K, expenses of $83K, and assets of $109K (revenue -12.2% year-over-year).
- 2012: Revenue of $100K, expenses of $85K, and assets of $115K (revenue +3.3% year-over-year).
- 2011: Revenue of $97K, expenses of $76K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J:
Data Sources and Methodology
This transparency report for Colonia Volunteer Chemical Hook & Ladder Co Dist 12 Of Colonia N J 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.