Fuel Merchants Association Of New Jersey

Fuel Merchants Association Of New Jersey maintains stable finances with no reported officer compensation.

EIN: 220928500 · Scotch Plains, NJ · Updated: 2026-03-28

$1.9MRevenue

$2.0MAssets

85/100Mission Score (Excellent)

About Fuel Merchants Association Of New Jersey

Fuel Merchants Association Of New Jersey (EIN: 220928500) is a nonprofit organization based in Scotch Plains, NJ. The organization reported total revenue of $1.9M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fuel Merchants Association Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Fuel Merchants Association Of New Jersey demonstrates consistent financial activity, with revenues generally exceeding expenses in most recent years, indicating a stable operational model. For example, in 2023, revenue was $2,013,068 against expenses of $1,898,365, resulting in a surplus. The organization's assets have fluctuated but remained robust, with $2,212,850 in assets reported in 2023. Liabilities have also varied, reaching $1,032,853 in 2023, which is a notable portion of assets, suggesting a need to monitor debt levels relative to available resources.

Spending efficiency appears reasonable, though a detailed breakdown of program versus administrative and fundraising expenses is not explicitly provided in the summary data. However, the consistent surpluses in most years suggest that the organization is managing its expenditures within its income. The absence of reported officer compensation across all filings is a significant point regarding transparency and resource allocation, indicating that executive leadership may be compensated through other means or that the organization operates with a volunteer leadership structure, which is highly efficient from a compensation perspective.

Overall, the organization appears financially sound with a history of managing its budget effectively. The lack of reported officer compensation is a positive indicator of efficient resource use, though further detail on the functional expense breakdown would provide a clearer picture of spending efficiency. The consistent filing history also points to good compliance and transparency in reporting.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fuel Merchants Association Of New Jersey 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Fuel Merchants Association Of New Jersey allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues consistently over $1 million. This suggests either a fully volunteer-led executive team or that compensation is reported under different expense categories, warranting further investigation for complete transparency.

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 Fuel Merchants Association Of New Jersey's IRS 990 filings:

Unusually low (0%) reported officer compensation, potentially obscuring executive pay details.

Strengths

The following positive indicators were identified for Fuel Merchants Association Of New Jersey:

Consistent revenue generation and financial stability over multiple years.
Generally positive net income (revenue exceeding expenses) in most recent periods, such as $114,703 in 2023.
Strong asset base, with assets consistently above $1.5 million.
Consistent IRS 990 filing history, indicating good compliance.

Frequently Asked Questions about Fuel Merchants Association Of New Jersey

How does the Fuel Merchants Association Of New Jersey manage to report 0% officer compensation?

The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with revenues consistently exceeding $1 million. This could indicate a fully volunteer-led executive team, or that executive compensation is categorized under other expense lines, which would require reviewing the full Form 990 for clarification.

What is the organization's primary program spending focus?

While the provided data does not detail specific program activities, as a trade association, its primary program spending would likely be on advocacy, member services, industry education, and networking events for fuel merchants in New Jersey.

Are the organization's liabilities a concern?

Liabilities have fluctuated, reaching $1,032,853 in 2023 against assets of $2,212,850. While not immediately alarming, this represents a significant portion of assets (approximately 46.7%), and monitoring the trend of liabilities relative to assets and cash flow is prudent to ensure long-term financial stability.

Has the organization experienced significant financial growth or decline?

The organization has shown consistent revenue generation, with some fluctuations. For example, revenue increased from $1,094,345 in 2020 to $2,013,068 in 2023, indicating growth in recent years, though there was a dip in 2022 compared to 2023. Overall, it maintains a stable financial base.

Filing History

IRS 990 filing history for Fuel Merchants Association Of New Jersey showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Fuel Merchants Association Of New Jersey's revenue has grown by 19.2%, moving from $1.7M to $2.0M. Total assets increased by 47.3% over the same period, from $1.5M to $2.2M. Total functional expenses rose by 14.5%, from $1.7M to $1.9M. In its most recent filing year (2023), Fuel Merchants Association Of New Jersey reported a surplus of $115K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $2.2M in assets (debt-to-asset ratio: 46.7%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.0M	$1.9M	$2.2M	$1.0M	—	—
2022	$1.7M	$1.5M	$2.4M	$1.4M	—	View 990
2021	$1.6M	$2.1M	$2.2M	$1.1M	—	View 990
2020	$1.1M	$992K	$1.7M	$263K	—	View 990
2019	$1.7M	$1.7M	$2.2M	$772K	—	View 990
2018	$1.8M	$1.7M	$2.0M	$675K	—	View 990
2017	$1.8M	$1.7M	$2.2M	$801K	—	View 990
2016	$1.7M	$1.7M	$1.9M	$646K	—	View 990
2015	$1.4M	$1.3M	$1.8M	$629K	—	View 990
2014	$1.6M	$1.5M	$1.6M	$444K	—	View 990
2013	$1.5M	$1.5M	$1.6M	$487K	—	View 990
2012	$1.7M	$1.6M	$1.4M	$448K	—	View 990
2011	$1.7M	$1.7M	$1.5M	$611K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.0M, expenses of $1.9M, and assets of $2.2M (revenue +19.8% year-over-year).
2022: Revenue of $1.7M, expenses of $1.5M, and assets of $2.4M (revenue +7.5% year-over-year).
2021: Revenue of $1.6M, expenses of $2.1M, and assets of $2.2M (revenue +42.7% year-over-year).
2020: Revenue of $1.1M, expenses of $992K, and assets of $1.7M (revenue -36.1% year-over-year).
2019: Revenue of $1.7M, expenses of $1.7M, and assets of $2.2M (revenue -4.0% year-over-year).
2018: Revenue of $1.8M, expenses of $1.7M, and assets of $2.0M (revenue -0.5% year-over-year).
2017: Revenue of $1.8M, expenses of $1.7M, and assets of $2.2M (revenue +3.4% year-over-year).
2016: Revenue of $1.7M, expenses of $1.7M, and assets of $1.9M (revenue +21.5% year-over-year).
2015: Revenue of $1.4M, expenses of $1.3M, and assets of $1.8M (revenue -8.8% year-over-year).
2014: Revenue of $1.6M, expenses of $1.5M, and assets of $1.6M (revenue +1.5% year-over-year).
2013: Revenue of $1.5M, expenses of $1.5M, and assets of $1.6M (revenue -7.1% year-over-year).
2012: Revenue of $1.7M, expenses of $1.6M, and assets of $1.4M (revenue -1.8% year-over-year).
2011: Revenue of $1.7M, expenses of $1.7M, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Fuel Merchants Association Of New Jersey 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.