Colonial Volunteer Fire Company
EIN: 226059774 · Trenton, NJ
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $161K |
| Net Assets | $530K |
Is Colonial Volunteer Fire Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colonial Volunteer Fire Company
Colonial Volunteer Fire Company (EIN: 226059774) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $192K and total assets of $534K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colonial Volunteer Fire Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colonial Volunteer Fire Company is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $161K |
| Surplus / Deficit | $-42,707 |
| Total Assets | $530K |
| Net Assets | $530K |
| Operating Margin | -36.2% |
| Months of Reserves | 39.6 months |
Financial Health Grade: B
In 2023, Colonial Volunteer Fire Company reported a deficit of $43K with expenses exceeding revenue, holds 39.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Colonial Volunteer Fire Company's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.1% | +21.2% | -7.5% |
| 2022 | -38.6% | -0.9% | +5.8% |
| 2021 | +115.8% | -5.1% | +12.1% |
| 2020 | -35.1% | -28.5% | -5.8% |
| 2019 | -0.1% | -3.8% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colonial Volunteer Fire Company 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 Colonial Volunteer Fire Company 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
Frequently Asked Questions about Colonial Volunteer Fire Company
Is Colonial Volunteer Fire Company a legitimate charity?
Colonial Volunteer Fire Company (EIN: 226059774) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $192K. No red flags identified. Financial health grade: B.
How does Colonial Volunteer Fire Company spend its money?
Colonial Volunteer Fire Company reported $192K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Colonial Volunteer Fire Company tax-deductible?
Colonial Volunteer Fire Company is registered as a tax-exempt nonprofit (EIN: 226059774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colonial Volunteer Fire Company located?
Colonial Volunteer Fire Company is headquartered in Trenton, New Jersey and files with the IRS under EIN 226059774.
How many years of IRS 990 filings does Colonial Volunteer Fire Company have?
Colonial Volunteer Fire Company has 13 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 $192K in total revenue.
Filing History
IRS 990 filing history for Colonial Volunteer Fire Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Colonial Volunteer Fire Company's revenue has declined by 44%, moving from $211K to $118K. Total assets decreased by 18.3% over the same period, from $648K to $530K. Total functional expenses fell by 36.8%, from $254K to $161K. In its most recent filing year (2023), Colonial Volunteer Fire Company reported a deficit of $43K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $161K | $530K | $0 | — | View 990 |
| 2022 | $164K | $133K | $573K | $0 | — | View 990 |
| 2021 | $267K | $134K | $541K | $0 | — | View 990 |
| 2020 | $124K | $141K | $483K | $75K | — | — |
| 2019 | $191K | $197K | $512K | $87K | — | View 990 |
| 2018 | $191K | $205K | $532K | $101K | — | View 990 |
| 2017 | $226K | $202K | $568K | $112K | — | — |
| 2016 | $194K | $211K | $556K | $123K | — | View 990 |
| 2015 | $227K | $240K | $583K | $134K | — | View 990 |
| 2014 | $231K | $252K | $604K | $142K | — | View 990 |
| 2013 | $218K | $221K | $634K | $151K | — | View 990 |
| 2012 | $230K | $226K | $644K | $159K | — | View 990 |
| 2011 | $211K | $254K | $648K | $166K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $161K, and assets of $530K (revenue -28.1% year-over-year).
- 2022: Revenue of $164K, expenses of $133K, and assets of $573K (revenue -38.6% year-over-year).
- 2021: Revenue of $267K, expenses of $134K, and assets of $541K (revenue +115.8% year-over-year).
- 2020: Revenue of $124K, expenses of $141K, and assets of $483K (revenue -35.1% year-over-year).
- 2019: Revenue of $191K, expenses of $197K, and assets of $512K (revenue -0.1% year-over-year).
- 2018: Revenue of $191K, expenses of $205K, and assets of $532K (revenue -15.3% year-over-year).
- 2017: Revenue of $226K, expenses of $202K, and assets of $568K (revenue +16.0% year-over-year).
- 2016: Revenue of $194K, expenses of $211K, and assets of $556K (revenue -14.5% year-over-year).
- 2015: Revenue of $227K, expenses of $240K, and assets of $583K (revenue -1.7% year-over-year).
- 2014: Revenue of $231K, expenses of $252K, and assets of $604K (revenue +5.8% year-over-year).
- 2013: Revenue of $218K, expenses of $221K, and assets of $634K (revenue -4.9% year-over-year).
- 2012: Revenue of $230K, expenses of $226K, and assets of $644K (revenue +9.1% year-over-year).
- 2011: Revenue of $211K, expenses of $254K, and assets of $648K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colonial Volunteer Fire Company:
Data Sources and Methodology
This transparency report for Colonial Volunteer Fire Company 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.