Flanders Fire Company 1 Inc
Flanders Fire Company 1 Inc: Steady Finances, Community Focus
EIN: 222402697 · Flanders, NJ · NTEE: M24 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $429K |
| Total Expenses | $457K |
| Program Spending | 80% |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Flanders Fire Company 1 Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Flanders Fire Company 1 Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Flanders Fire Company 1 Inc
Flanders Fire Company 1 Inc (EIN: 222402697) is a nonprofit organization based in Flanders, NJ, classified under NTEE code M24. The organization reported total revenue of $429K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flanders Fire Company 1 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flanders Fire Company 1 Inc is a small nonprofit that has been operating for 27 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 | $429K |
| Total Expenses | $457K |
| Surplus / Deficit | $-27,464 |
| Total Assets | $1.6M |
| Total Liabilities | $525K |
| Net Assets | $1.0M |
| Operating Margin | -6.4% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 40.7 months |
Financial Health Grade: B
In 2023, Flanders Fire Company 1 Inc reported a deficit of $27K with expenses exceeding revenue, holds 40.7 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Flanders Fire Company 1 Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.7% | +24.5% | +0.8% |
| 2022 | +0.7% | +30.5% | -4.1% |
| 2021 | +19.9% | +17.1% | +5.0% |
| 2020 | -23.9% | -25.8% | +1.0% |
| 2019 | +20.3% | -3.7% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Flanders Fire Company 1 Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Flanders Fire Company 1 Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.8%.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, indicating it is likely below the IRS reporting threshold for key employees.
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.
Strengths
The following positive indicators were identified for Flanders Fire Company 1 Inc:
- Consistent revenue generation over several years, with 2023 revenue at $429,405.
- Healthy asset base, consistently above $1.5 million in recent years, reaching $1,550,644 in 2023.
- Low liability-to-asset ratio, indicating strong financial stability (e.g., $524,607 liabilities vs. $1,550,644 assets in 2023).
Frequently Asked Questions about Flanders Fire Company 1 Inc
Is Flanders Fire Company 1 Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flanders Fire Company 1 Inc (EIN: 222402697) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Flanders Fire Company 1 Inc spend its money?
Flanders Fire Company 1 Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Flanders Fire Company 1 Inc tax-deductible?
Flanders Fire Company 1 Inc is registered as a tax-exempt nonprofit (EIN: 222402697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Flanders Fire Company 1 Inc's spending goes to programs?
Flanders Fire Company 1 Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Flanders Fire Company 1 Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Flanders Fire Company 1 Inc 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 Flanders Fire Company 1 Inc located?
Flanders Fire Company 1 Inc is headquartered in Flanders, New Jersey and files with the IRS under EIN 222402697. It is classified under NTEE code M24.
How many years of IRS 990 filings does Flanders Fire Company 1 Inc have?
Flanders Fire Company 1 Inc 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 $429K in total revenue.
What does Flanders Fire Company 1 Inc do?
Flanders Fire Company 1 Inc is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Flanders, New Jersey. It is classified under NTEE code M24.
How much revenue does Flanders Fire Company 1 Inc have?
Flanders Fire Company 1 Inc reported total revenue of $429,405. Based on 13 IRS 990 filings on record.
What are Flanders Fire Company 1 Inc's total assets?
Flanders Fire Company 1 Inc holds total assets of $1,550,644 as reported in IRS 990 filings.
Where is Flanders Fire Company 1 Inc located?
Flanders Fire Company 1 Inc is based in Flanders, New Jersey.
What is Flanders Fire Company 1 Inc's EIN?
Flanders Fire Company 1 Inc's Employer Identification Number (EIN) is 222402697. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Flanders Fire Company 1 Inc?
Flanders Fire Company 1 Inc is classified under NTEE code M24 (Public Safety & Disaster Preparedness).
Is Flanders Fire Company 1 Inc a registered 501(c)(3)?
Yes, Flanders Fire Company 1 Inc is recognized as a tax-exempt organization by the IRS. EIN: 222402697.
Does Flanders Fire Company 1 Inc file IRS Form 990?
Yes, Flanders Fire Company 1 Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Flanders Fire Company 1 Inc's revenue in 2023?
In the 202312 filing period, Flanders Fire Company 1 Inc reported total revenue of $429,405, total expenses of $456,869, and net assets of $1,550,644.
Is Flanders Fire Company 1 Inc's revenue growing or declining?
Flanders Fire Company 1 Inc's revenue is growing. Revenue went from $328,613 (202212) to $429,405 (202312), a +30.7% change. Based on 13 filings on record.
What is Flanders Fire Company 1 Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Flanders Fire Company 1 Inc covers tax period 202312. It shows revenue of $429,405, expenses of $456,869, total assets of $1,550,644, and liabilities of $524,607.
How much does Flanders Fire Company 1 Inc spend on programs vs administration?
Based on IRS 990 analysis, Flanders Fire Company 1 Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Flanders Fire Company 1 Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Flanders Fire Company 1 Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Flanders Fire Company 1 Inc's strengths?
Positive indicators for Flanders Fire Company 1 Inc include: Consistent revenue generation over several years, with 2023 revenue at $429,405.. Healthy asset base, consistently above $1.5 million in recent years, reaching $1,550,644 in 2023.. Low liability-to-asset ratio, indicating strong financial stability (e.g., $524,607 liabilities vs. $1,550,644 assets in 2023).. These findings are derived from AI analysis of the organization's financial filings.
How does Flanders Fire Company 1 Inc compensate executives?
Executive compensation is not reported in the provided filings, indicating it is likely below the IRS reporting threshold for key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Flanders Fire Company 1 Inc?
• Financial statements are consistently available through IRS filings. • No specific program details or impact reports are readily available on public filings. • The organization consistently reports 0% lobbying expenses. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does Flanders Fire Company 1 Inc manage to maintain a stable asset base despite fluctuating revenues and expenses over the years?
The company consistently maintains a significant asset base, often exceeding $1.5 million, which suggests effective long-term financial planning and potentially substantial non-liquid assets or endowments that buffer operational fluctuations. For example, in 2023, assets were $1,550,644, while expenses were $456,869.
Given the 'M24' nonprofit type, what specific community services beyond fire suppression might Flanders Fire Company 1 Inc be providing that aren't detailed in basic financial filings?
As a 'M24' (Fire Protection Organization), their primary mission is fire suppression. However, without more detailed program breakdowns, it's unclear if they engage in community education, emergency medical services, or other public safety initiatives beyond their core function, which would typically be funded by their $429,405 in 2023 revenue.
Filing History
IRS 990 filing history for Flanders Fire Company 1 Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Flanders Fire Company 1 Inc's revenue has grown by 73.6%, moving from $247K to $429K. Total assets increased by 11.3% over the same period, from $1.4M to $1.6M. Total functional expenses rose by 99.8%, from $229K to $457K. In its most recent filing year (2023), Flanders Fire Company 1 Inc reported a deficit of $27K, with expenses exceeding revenue. The organization holds $525K in liabilities against $1.6M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $429K | $457K | $1.6M | $525K | — | — |
| 2022 | $329K | $367K | $1.5M | $485K | — | View 990 |
| 2021 | $326K | $281K | $1.6M | $513K | — | View 990 |
| 2020 | $272K | $240K | $1.5M | $482K | — | — |
| 2019 | $358K | $323K | $1.5M | $499K | — | View 990 |
| 2018 | $298K | $336K | $1.5M | $532K | — | View 990 |
| 2017 | $288K | $340K | $1.4M | $334K | — | View 990 |
| 2016 | $296K | $312K | $1.4M | $368K | — | View 990 |
| 2015 | $270K | $277K | $1.5M | $410K | — | View 990 |
| 2014 | $248K | $288K | $1.4M | $337K | — | View 990 |
| 2013 | $245K | $235K | $1.5M | $349K | — | View 990 |
| 2012 | $255K | $259K | $1.5M | $349K | — | View 990 |
| 2011 | $247K | $229K | $1.4M | $265K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $429K, expenses of $457K, and assets of $1.6M (revenue +30.7% year-over-year).
- 2022: Revenue of $329K, expenses of $367K, and assets of $1.5M (revenue +0.7% year-over-year).
- 2021: Revenue of $326K, expenses of $281K, and assets of $1.6M (revenue +19.9% year-over-year).
- 2020: Revenue of $272K, expenses of $240K, and assets of $1.5M (revenue -23.9% year-over-year).
- 2019: Revenue of $358K, expenses of $323K, and assets of $1.5M (revenue +20.3% year-over-year).
- 2018: Revenue of $298K, expenses of $336K, and assets of $1.5M (revenue +3.3% year-over-year).
- 2017: Revenue of $288K, expenses of $340K, and assets of $1.4M (revenue -2.6% year-over-year).
- 2016: Revenue of $296K, expenses of $312K, and assets of $1.4M (revenue +9.7% year-over-year).
- 2015: Revenue of $270K, expenses of $277K, and assets of $1.5M (revenue +8.7% year-over-year).
- 2014: Revenue of $248K, expenses of $288K, and assets of $1.4M (revenue +1.5% year-over-year).
- 2013: Revenue of $245K, expenses of $235K, and assets of $1.5M (revenue -3.9% year-over-year).
- 2012: Revenue of $255K, expenses of $259K, and assets of $1.5M (revenue +3.0% year-over-year).
- 2011: Revenue of $247K, expenses of $229K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flanders Fire Company 1 Inc:
Data Sources and Methodology
This transparency report for Flanders Fire Company 1 Inc 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.