First Aid & Rescue Squad Inc Of Somerville N J
EIN: 226043662 · Somerville, NJ · NTEE: M41Z
| Metric | Value |
|---|---|
| Total Revenue | $793K |
| Total Expenses | $535K |
| Net Assets | $499K |
Is First Aid & Rescue Squad Inc Of Somerville N J Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Aid & Rescue Squad Inc Of Somerville N J
First Aid & Rescue Squad Inc Of Somerville N J (EIN: 226043662) is a nonprofit organization based in Somerville, NJ, classified under NTEE code M41Z. The organization reported total revenue of $793K and total assets of $777K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Aid & Rescue Squad Inc Of Somerville N J's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Aid & Rescue Squad Inc Of Somerville N J is a small nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $407K |
| Total Expenses | $535K |
| Surplus / Deficit | $-127,633 |
| Total Assets | $499K |
| Net Assets | $499K |
| Operating Margin | -31.4% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2023, First Aid & Rescue Squad Inc Of Somerville N J reported a deficit of $128K with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), First Aid & Rescue Squad Inc Of Somerville N J's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.8% | -6.2% | -20.4% |
| 2022 | -16.3% | +24.2% | -9.1% |
| 2021 | +103.5% | +0.6% | +27.2% |
| 2020 | +6.9% | +52.5% | -19.6% |
| 2019 | +15.4% | +31.0% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1950 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Aid & Rescue Squad Inc Of Somerville N J 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 First Aid & Rescue Squad Inc Of Somerville N J 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 $128K, with expenses exceeding revenue.
Frequently Asked Questions about First Aid & Rescue Squad Inc Of Somerville N J
Is First Aid & Rescue Squad Inc Of Somerville N J a legitimate charity?
Based on AI analysis of IRS 990 filings, First Aid & Rescue Squad Inc Of Somerville N J (EIN: 226043662) insufficient data. 0 red flags identified, 0 strengths noted.
How does First Aid & Rescue Squad Inc Of Somerville N J spend its money?
Detailed spending breakdown data is not yet available for First Aid & Rescue Squad Inc Of Somerville N J. Check back for updated IRS 990 analysis.
Are donations to First Aid & Rescue Squad Inc Of Somerville N J tax-deductible?
First Aid & Rescue Squad Inc Of Somerville N J is registered as a tax-exempt nonprofit (EIN: 226043662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Aid & Rescue Squad Inc Of Somerville N J located?
First Aid & Rescue Squad Inc Of Somerville N J is headquartered in Somerville, New Jersey and files with the IRS under EIN 226043662. It is classified under NTEE code M41Z.
How many years of IRS 990 filings does First Aid & Rescue Squad Inc Of Somerville N J have?
First Aid & Rescue Squad Inc Of Somerville N J 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 $793K in total revenue.
Filing History
IRS 990 filing history for First Aid & Rescue Squad Inc Of Somerville N J showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Aid & Rescue Squad Inc Of Somerville N J's revenue has grown by 98.1%, moving from $205K to $407K. Total assets decreased by 77.2% over the same period, from $2.2M to $499K. Total functional expenses rose by 130.1%, from $232K to $535K. In its most recent filing year (2023), First Aid & Rescue Squad Inc Of Somerville N J reported a deficit of $128K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $407K | $535K | $499K | $0 | — | — |
| 2022 | $508K | $570K | $627K | $0 | — | View 990 |
| 2021 | $606K | $459K | $689K | $0 | — | View 990 |
| 2020 | $298K | $456K | $542K | $0 | — | View 990 |
| 2019 | $279K | $299K | $674K | $0 | — | View 990 |
| 2018 | $242K | $229K | $695K | $0 | — | View 990 |
| 2017 | $150K | $197K | $664K | $0 | — | — |
| 2016 | $184K | $270K | $712K | $0 | — | View 990 |
| 2015 | $187K | $221K | $2.2M | $0 | — | View 990 |
| 2014 | $226K | $166K | $2.2M | $0 | — | View 990 |
| 2013 | $201K | $164K | $2.2M | $0 | — | View 990 |
| 2012 | $218K | $184K | $2.2M | $0 | — | View 990 |
| 2011 | $205K | $232K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $407K, expenses of $535K, and assets of $499K (revenue -19.8% year-over-year).
- 2022: Revenue of $508K, expenses of $570K, and assets of $627K (revenue -16.3% year-over-year).
- 2021: Revenue of $606K, expenses of $459K, and assets of $689K (revenue +103.5% year-over-year).
- 2020: Revenue of $298K, expenses of $456K, and assets of $542K (revenue +6.9% year-over-year).
- 2019: Revenue of $279K, expenses of $299K, and assets of $674K (revenue +15.4% year-over-year).
- 2018: Revenue of $242K, expenses of $229K, and assets of $695K (revenue +60.8% year-over-year).
- 2017: Revenue of $150K, expenses of $197K, and assets of $664K (revenue -18.3% year-over-year).
- 2016: Revenue of $184K, expenses of $270K, and assets of $712K (revenue -1.5% year-over-year).
- 2015: Revenue of $187K, expenses of $221K, and assets of $2.2M (revenue -17.3% year-over-year).
- 2014: Revenue of $226K, expenses of $166K, and assets of $2.2M (revenue +12.2% year-over-year).
- 2013: Revenue of $201K, expenses of $164K, and assets of $2.2M (revenue -7.5% year-over-year).
- 2012: Revenue of $218K, expenses of $184K, and assets of $2.2M (revenue +5.9% year-over-year).
- 2011: Revenue of $205K, expenses of $232K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Aid & Rescue Squad Inc Of Somerville N J:
Data Sources and Methodology
This transparency report for First Aid & Rescue Squad Inc Of Somerville 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.