Freehold First Aid & Emergency Squad Inc
Freehold First Aid & Emergency Squad: Strong Asset Growth, Moderate Program Spending
EIN: 223097062 · Freehold, NJ · NTEE: E620 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.5M |
| Program Spending | 60% |
| Net Assets | $2.3M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Freehold First Aid & Emergency Squad Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Freehold First Aid & Emergency Squad Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Freehold First Aid & Emergency Squad Inc in one place.
Form 990 Filing Summary
14 filing years are available, with latest revenue of $1.9M and expenses of $1.5M.
Revenue and Expenses
Freehold First Aid & Emergency Squad Inc reported $1.9M in revenue and $1.5M in expenses, a surplus of $402K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 1 red flag, and 3 strengths are shown from structured and AI review.
Is Freehold First Aid & Emergency Squad Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $893K (60%) |
Across stored filings, Freehold First Aid & Emergency Squad Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 60% to programs | Below Average |
| Financial durability | Grade A | 14 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Health context |
Trust Check
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Freehold First Aid & Emergency Squad Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Freehold First Aid & Emergency Squad Inc
Freehold First Aid & Emergency Squad Inc (EIN: 223097062) is a nonprofit organization based in Freehold, NJ, classified under NTEE code E620. The organization reported total revenue of $1.9M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freehold First Aid & Emergency Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freehold First Aid & Emergency Squad Inc is a mid-size nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 18.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$402K |
| Total Assets | $2.7M |
| Total Liabilities | $376K |
| Net Assets | $2.3M |
| Operating Margin | 21.3% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 21.6 months |
Financial Health Grade: A
In 2023, Freehold First Aid & Emergency Squad Inc reported a surplus of $402K with revenue exceeding expenses, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Freehold First Aid & Emergency Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.7% | +76.6% | +16.2% |
| 2022 | +14.5% | +56.6% | +28.3% |
| 2021 | +51.5% | +13.5% | +62.1% |
| 2020 | -9.7% | -4.5% | +15.7% |
| 2019 | +229.5% | +76.3% | +28.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Freehold First Aid & Emergency Squad Inc 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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Freehold First Aid & Emergency Squad Inc allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $402K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.0%.
Executive Compensation Analysis
The organization reports 0% compensation for all officers, directors, trustees, and key employees across all available filings, indicating a fully volunteer-led executive structure.
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 Freehold First Aid & Emergency Squad Inc's IRS 990 filings:
- Specific program details and impact metrics are not readily available in the provided financial data, making it difficult to assess program effectiveness beyond spending percentages.
Strengths
The following positive indicators were identified for Freehold First Aid & Emergency Squad Inc:
- Consistent and significant growth in total assets, from $667,409 in 2017 to $2,679,504 in 2023, demonstrates strong financial health and capacity building.
- The organization consistently maintains a positive net asset position, indicating financial stability.
- A volunteer-led executive structure (0% executive compensation) suggests high dedication and efficient use of donor funds for operational purposes.
Frequently Asked Questions about Freehold First Aid & Emergency Squad Inc
Is Freehold First Aid & Emergency Squad Inc a legitimate charity?
Freehold First Aid & Emergency Squad Inc (EIN: 223097062) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Freehold First Aid & Emergency Squad Inc spend its money?
Freehold First Aid & Emergency Squad Inc directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Freehold First Aid & Emergency Squad Inc tax-deductible?
Freehold First Aid & Emergency Squad Inc is registered as a tax-exempt nonprofit (EIN: 223097062). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Freehold First Aid & Emergency Squad Inc's spending goes to programs?
Freehold First Aid & Emergency Squad Inc directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Freehold First Aid & Emergency Squad Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Freehold First Aid & Emergency Squad Inc is above average for NTEE category E620 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Freehold First Aid & Emergency Squad Inc located?
Freehold First Aid & Emergency Squad Inc is headquartered in Freehold, New Jersey and files with the IRS under EIN 223097062. It is classified under NTEE code E620.
How many years of IRS 990 filings does Freehold First Aid & Emergency Squad Inc have?
Freehold First Aid & Emergency Squad Inc has 14 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 $1.9M in total revenue.
What does Freehold First Aid & Emergency Squad Inc do?
Freehold First Aid & Emergency Squad Inc is a nonprofit organization in the Health Care sector, located in Freehold, New Jersey. It is classified under NTEE code E620.
How much revenue does Freehold First Aid & Emergency Squad Inc have?
Freehold First Aid & Emergency Squad Inc reported total revenue of $1,890,105. Based on 14 IRS 990 filings on record.
What are Freehold First Aid & Emergency Squad Inc's total assets?
Freehold First Aid & Emergency Squad Inc holds total assets of $2,679,504 as reported in IRS 990 filings.
Where is Freehold First Aid & Emergency Squad Inc located?
Freehold First Aid & Emergency Squad Inc is based in Freehold, New Jersey.
What is Freehold First Aid & Emergency Squad Inc's EIN?
Freehold First Aid & Emergency Squad Inc's Employer Identification Number (EIN) is 223097062. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Freehold First Aid & Emergency Squad Inc?
Freehold First Aid & Emergency Squad Inc is classified under NTEE code E620 (Health Care).
Is Freehold First Aid & Emergency Squad Inc a registered 501(c)(3)?
Yes, Freehold First Aid & Emergency Squad Inc is recognized as a tax-exempt organization by the IRS. EIN: 223097062.
Does Freehold First Aid & Emergency Squad Inc file IRS Form 990?
Yes, Freehold First Aid & Emergency Squad Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Freehold First Aid & Emergency Squad Inc's revenue in 2023?
In the 202312 filing period, Freehold First Aid & Emergency Squad Inc reported total revenue of $1,890,105, total expenses of $1,487,786, and net assets of $2,679,504.
Is Freehold First Aid & Emergency Squad Inc's revenue growing or declining?
Freehold First Aid & Emergency Squad Inc's revenue is growing. Revenue went from $1,162,017 (202212) to $1,890,105 (202312), a +62.7% change. Based on 14 filings on record.
What is Freehold First Aid & Emergency Squad Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Freehold First Aid & Emergency Squad Inc covers tax period 202312. It shows revenue of $1,890,105, expenses of $1,487,786, total assets of $2,679,504, and liabilities of $375,741.
How much does Freehold First Aid & Emergency Squad Inc spend on programs vs administration?
Based on IRS 990 analysis, Freehold First Aid & Emergency Squad Inc allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Freehold First Aid & Emergency Squad Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Freehold First Aid & Emergency Squad Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Freehold First Aid & Emergency Squad Inc?
The following concerns were identified: Specific program details and impact metrics are not readily available in the provided financial data, making it difficult to assess program effectiveness beyond spending percentages.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Freehold First Aid & Emergency Squad Inc's strengths?
Positive indicators for Freehold First Aid & Emergency Squad Inc include: Consistent and significant growth in total assets, from $667,409 in 2017 to $2,679,504 in 2023, demonstrates strong financial health and capacity building.. The organization consistently maintains a positive net asset position, indicating financial stability.. A volunteer-led executive structure (0% executive compensation) suggests high dedication and efficient use of donor funds for operational purposes.. These findings are derived from AI analysis of the organization's financial filings.
How does Freehold First Aid & Emergency Squad Inc compensate executives?
The organization reports 0% compensation for all officers, directors, trustees, and key employees across all available filings, indicating a fully volunteer-led executive structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations and asset growth with 0% executive compensation?
The 0% executive compensation suggests a strong reliance on volunteer leadership and potentially a significant volunteer base for operational roles, allowing more revenue to be allocated to assets and direct expenses rather than salaries.
What factors contributed to the substantial revenue increase from $225,171 in 2018 to $1,890,105 in 2023?
The data indicates a significant increase in revenue, particularly between 2021 and 2023. This could be due to increased community support, successful fundraising campaigns, or expanded service contracts, though specific drivers are not detailed in the provided financials.
Filing History
IRS 990 filing history for Freehold First Aid & Emergency Squad Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Freehold First Aid & Emergency Squad Inc's revenue has grown by 837.1%, moving from $202K to $1.9M. Total assets increased by 185.9% over the same period, from $937K to $2.7M. Total functional expenses rose by 490.2%, from $252K to $1.5M. In its most recent filing year (2023), Freehold First Aid & Emergency Squad Inc reported a surplus of $402K, with revenue exceeding expenses. The organization holds $376K in liabilities against $2.7M in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.5M | $2.7M | $376K | — | — |
| 2022 | $1.2M | $842K | $2.3M | $404K | — | — |
| 2021 | $1.0M | $538K | $1.8M | $215K | — | View 990 |
| 2020 | $670K | $474K | $1.1M | $96K | — | View 990 |
| 2019 | $742K | $496K | $958K | $142K | — | View 990 |
| 2018 | $225K | $281K | $744K | $174K | — | View 990 |
| 2017 | $237K | $378K | $667K | $41K | — | View 990 |
| 2016 | $202K | $307K | $787K | $25K | — | View 990 |
| 2015 | $366K | $367K | $877K | $11K | — | View 990 |
| 2014 | $304K | $296K | $1.0M | $145K | — | View 990 |
| 2013 | $203K | $302K | $869K | $9K | — | View 990 |
| 2012 | $263K | $238K | $963K | $4K | — | View 990 |
| 2011 | $234K | $237K | $935K | $1K | — | View 990 |
| 2010 | $202K | $252K | $937K | $364 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.5M, and assets of $2.7M (revenue +62.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $842K, and assets of $2.3M (revenue +14.5% year-over-year).
- 2021: Revenue of $1.0M, expenses of $538K, and assets of $1.8M (revenue +51.5% year-over-year).
- 2020: Revenue of $670K, expenses of $474K, and assets of $1.1M (revenue -9.7% year-over-year).
- 2019: Revenue of $742K, expenses of $496K, and assets of $958K (revenue +229.5% year-over-year).
- 2018: Revenue of $225K, expenses of $281K, and assets of $744K (revenue -4.9% year-over-year).
- 2017: Revenue of $237K, expenses of $378K, and assets of $667K (revenue +17.1% year-over-year).
- 2016: Revenue of $202K, expenses of $307K, and assets of $787K (revenue -44.8% year-over-year).
- 2015: Revenue of $366K, expenses of $367K, and assets of $877K (revenue +20.5% year-over-year).
- 2014: Revenue of $304K, expenses of $296K, and assets of $1.0M (revenue +49.4% year-over-year).
- 2013: Revenue of $203K, expenses of $302K, and assets of $869K (revenue -22.8% year-over-year).
- 2012: Revenue of $263K, expenses of $238K, and assets of $963K (revenue +12.5% year-over-year).
- 2011: Revenue of $234K, expenses of $237K, and assets of $935K (revenue +16.1% year-over-year).
- 2010: Revenue of $202K, expenses of $252K, and assets of $937K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freehold First Aid & Emergency Squad Inc:
Data Sources and Methodology
This transparency report for Freehold First Aid & Emergency Squad 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.