Highland Chemical Engine Company
Highland Chemical Engine Co: Stable Assets, Inconsistent Revenue
EIN: 222300467 · Pitman, NJ · NTEE: M24 · Updated: 2026-04-04
Is Highland Chemical Engine Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Highland Chemical Engine Company directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Highland Chemical Engine Company
Highland Chemical Engine Company (EIN: 222300467) is a nonprofit organization based in Pitman, NJ, classified under NTEE code M24. The organization reported total revenue of $173K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highland Chemical Engine Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Highland Chemical Engine Company 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Highland Chemical Engine Company allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-run leadership 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 Highland Chemical Engine Company's IRS 990 filings:
- Revenue has fluctuated significantly, with a notable drop from $146,852 in 2021 to $56,478 in 2020, and then a recovery to $173,430 in 2023, which could indicate reliance on inconsistent funding sources.
Strengths
The following positive indicators were identified for Highland Chemical Engine Company:
- The organization maintains a strong asset base, growing from $1.1M in 2016 to $2.6M in 2023, providing a solid financial foundation.
- Consistent reporting of $0 for executive compensation demonstrates a commitment to maximizing resources for its mission.
- The organization has consistently reported 0% for lobbying expenses, indicating a focus on direct service rather than political influence.
Frequently Asked Questions about Highland Chemical Engine Company
Is Highland Chemical Engine Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Highland Chemical Engine Company (EIN: 222300467) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Highland Chemical Engine Company spend its money?
Highland Chemical Engine Company directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Highland Chemical Engine Company tax-deductible?
Highland Chemical Engine Company is registered as a tax-exempt nonprofit (EIN: 222300467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Highland Chemical Engine Company do?
Highland Chemical Engine Company is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Pitman, New Jersey. It is classified under NTEE code M24.
How much revenue does Highland Chemical Engine Company have?
Highland Chemical Engine Company reported total revenue of $173,430. Based on 13 IRS 990 filings on record.
What are Highland Chemical Engine Company's total assets?
Highland Chemical Engine Company holds total assets of $2,599,402 as reported in IRS 990 filings.
Where is Highland Chemical Engine Company located?
Highland Chemical Engine Company is based in Pitman, New Jersey.
What is Highland Chemical Engine Company's EIN?
Highland Chemical Engine Company's Employer Identification Number (EIN) is 222300467. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Highland Chemical Engine Company?
Highland Chemical Engine Company is classified under NTEE code M24 (Public Safety & Disaster Preparedness).
Is Highland Chemical Engine Company a registered 501(c)(3)?
Yes, Highland Chemical Engine Company is recognized as a tax-exempt organization by the IRS. EIN: 222300467.
Does Highland Chemical Engine Company file IRS Form 990?
Yes, Highland Chemical Engine Company has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Highland Chemical Engine Company's revenue in 2023?
In the 202312 filing period, Highland Chemical Engine Company reported total revenue of $132,836, total expenses of $103,339, and net assets of $2,170,291.
Is Highland Chemical Engine Company's revenue growing or declining?
Highland Chemical Engine Company's revenue is declining. Revenue went from $152,023 (202212) to $132,836 (202312), a -12.6% change. Based on 13 filings on record.
What is Highland Chemical Engine Company's most recent 990 filing?
The most recent IRS Form 990 filing for Highland Chemical Engine Company covers tax period 202312. It shows revenue of $132,836, expenses of $103,339, total assets of $2,170,291, and liabilities of $309,187.
How much does Highland Chemical Engine Company spend on programs vs administration?
Based on IRS 990 analysis, Highland Chemical Engine Company allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Highland Chemical Engine Company a trustworthy charity?
Based on AI analysis of IRS 990 data, Highland Chemical Engine Company appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Highland Chemical Engine Company?
The following concerns were identified: Revenue has fluctuated significantly, with a notable drop from $146,852 in 2021 to $56,478 in 2020, and then a recovery to $173,430 in 2023, which could indicate reliance on inconsistent funding sources.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Highland Chemical Engine Company's strengths?
Positive indicators for Highland Chemical Engine Company include: The organization maintains a strong asset base, growing from $1.1M in 2016 to $2.6M in 2023, providing a solid financial foundation.. Consistent reporting of $0 for executive compensation demonstrates a commitment to maximizing resources for its mission.. The organization has consistently reported 0% for lobbying expenses, indicating a focus on direct service rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Highland Chemical Engine Company compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-run leadership 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 fluctuating revenue and no reported executive compensation?
The consistent asset growth despite revenue fluctuations and zero executive compensation suggests a strong reliance on volunteer labor, efficient operational management, and potentially significant non-cash contributions or investment income not fully detailed in the provided revenue figures.
Filing History
IRS 990 filing history for Highland Chemical Engine Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Highland Chemical Engine Company's revenue has grown by 48.9%, moving from $89K to $133K. Total assets increased by 196.3% over the same period, from $733K to $2.2M. Total functional expenses rose by 95.1%, from $53K to $103K. In its most recent filing year (2023), Highland Chemical Engine Company reported a surplus of $29K, with revenue exceeding expenses. The organization holds $309K in liabilities against $2.2M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $103K | $2.2M | $309K | — | View 990 |
| 2022 | $152K | $82K | $2.2M | $323K | — | View 990 |
| 2021 | $147K | $79K | $2.1M | $332K | — | View 990 |
| 2020 | $56K | $66K | $2.0M | $350K | — | View 990 |
| 2019 | $124K | $24K | $1.5M | $0 | — | View 990 |
| 2018 | $78K | $41K | $1.3M | $0 | — | View 990 |
| 2017 | $133K | $82K | $1.3M | $0 | — | View 990 |
| 2016 | $113K | $50K | $1.1M | $0 | — | View 990 |
| 2015 | $119K | $52K | $1.0M | $0 | — | View 990 |
| 2014 | $156K | $51K | $997K | $0 | — | View 990 |
| 2013 | $94K | $27K | $916K | $0 | — | View 990 |
| 2012 | $104K | $41K | $793K | $33K | — | View 990 |
| 2011 | $89K | $53K | $733K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $133K, expenses of $103K, and assets of $2.2M (revenue -12.6% year-over-year).
- 2022: Revenue of $152K, expenses of $82K, and assets of $2.2M (revenue +3.5% year-over-year).
- 2021: Revenue of $147K, expenses of $79K, and assets of $2.1M (revenue +160.0% year-over-year).
- 2020: Revenue of $56K, expenses of $66K, and assets of $2.0M (revenue -54.5% year-over-year).
- 2019: Revenue of $124K, expenses of $24K, and assets of $1.5M (revenue +58.1% year-over-year).
- 2018: Revenue of $78K, expenses of $41K, and assets of $1.3M (revenue -41.2% year-over-year).
- 2017: Revenue of $133K, expenses of $82K, and assets of $1.3M (revenue +18.2% year-over-year).
- 2016: Revenue of $113K, expenses of $50K, and assets of $1.1M (revenue -5.1% year-over-year).
- 2015: Revenue of $119K, expenses of $52K, and assets of $1.0M (revenue -23.6% year-over-year).
- 2014: Revenue of $156K, expenses of $51K, and assets of $997K (revenue +65.3% year-over-year).
- 2013: Revenue of $94K, expenses of $27K, and assets of $916K (revenue -9.8% year-over-year).
- 2012: Revenue of $104K, expenses of $41K, and assets of $793K (revenue +17.0% year-over-year).
- 2011: Revenue of $89K, expenses of $53K, and assets of $733K.
Data Sources and Methodology
This transparency report for Highland Chemical Engine 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.