Indian Mills Volunteer Fire Co
Indian Mills Volunteer Fire Co: Consistent Community Service, Financial Fluctuations
EIN: 221891867 · Shamong, NJ · NTEE: M24 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $132K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $318K |
| Transparency Score | 75/100 |
Is Indian Mills Volunteer Fire Co Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Indian Mills Volunteer Fire Co directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Indian Mills Volunteer Fire Co
Indian Mills Volunteer Fire Co (EIN: 221891867) is a nonprofit organization based in Shamong, NJ, classified under NTEE code M24. The organization reported total revenue of $158K and total assets of $354K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indian Mills Volunteer Fire Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indian Mills Volunteer Fire Co is a small nonprofit that has been operating for 5 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $132K |
| Surplus / Deficit | +$36K |
| Total Assets | $318K |
| Net Assets | $318K |
| Operating Margin | 21.3% |
| Months of Reserves | 28.9 months |
Financial Health Grade: A
In 2023, Indian Mills Volunteer Fire Co reported a surplus of $36K with revenue exceeding expenses, holds 28.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Indian Mills Volunteer Fire Co's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.3% | -65.6% | +12.6% |
| 2022 | +42.1% | +148.0% | -39.6% |
| 2021 | -33.2% | -29.0% | -3.2% |
| 2020 | -26.7% | +4.4% | -1.9% |
| 2019 | +41.4% | +12.8% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
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 Indian Mills Volunteer Fire Co 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Indian Mills Volunteer Fire Co 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 surplus of $36K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-driven leadership model.
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 Indian Mills Volunteer Fire Co's IRS 990 filings:
- Significant year-over-year fluctuations in revenue and expenses could impact long-term financial stability.
- A notable decrease in assets from $492,384 in 2019 to $318,061 in 2023 warrants further investigation into the cause.
Strengths
The following positive indicators were identified for Indian Mills Volunteer Fire Co:
- Consistent reporting of $0 executive compensation demonstrates a strong commitment to volunteerism and directs funds to mission.
- The organization has maintained operations for many years, indicating resilience and community support.
- A healthy asset base, even with fluctuations, provides a buffer for operational needs.
Frequently Asked Questions about Indian Mills Volunteer Fire Co
Is Indian Mills Volunteer Fire Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Indian Mills Volunteer Fire Co (EIN: 221891867) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Indian Mills Volunteer Fire Co spend its money?
Indian Mills Volunteer Fire Co directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Indian Mills Volunteer Fire Co tax-deductible?
Indian Mills Volunteer Fire Co is registered as a tax-exempt nonprofit (EIN: 221891867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Indian Mills Volunteer Fire Co CEO make?
Indian Mills Volunteer Fire Co's highest-compensated officer earns $0 annually. The organization reported $158K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Indian Mills Volunteer Fire Co's spending goes to programs?
Indian Mills Volunteer Fire Co directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Indian Mills Volunteer Fire Co compare to similar nonprofits?
With a transparency score of 75/100 (Good), Indian Mills Volunteer Fire Co 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 Indian Mills Volunteer Fire Co located?
Indian Mills Volunteer Fire Co is headquartered in Shamong, New Jersey and files with the IRS under EIN 221891867. It is classified under NTEE code M24.
How many years of IRS 990 filings does Indian Mills Volunteer Fire Co have?
Indian Mills Volunteer Fire Co 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 $158K in total revenue.
What does Indian Mills Volunteer Fire Co do?
Indian Mills Volunteer Fire Co is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Shamong, New Jersey. It is classified under NTEE code M24.
How much revenue does Indian Mills Volunteer Fire Co have?
Indian Mills Volunteer Fire Co reported total revenue of $157,718. Based on 13 IRS 990 filings on record.
What are Indian Mills Volunteer Fire Co's total assets?
Indian Mills Volunteer Fire Co holds total assets of $353,613 as reported in IRS 990 filings.
Where is Indian Mills Volunteer Fire Co located?
Indian Mills Volunteer Fire Co is based in Shamong, New Jersey.
What is Indian Mills Volunteer Fire Co's EIN?
Indian Mills Volunteer Fire Co's Employer Identification Number (EIN) is 221891867. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Indian Mills Volunteer Fire Co?
Indian Mills Volunteer Fire Co is classified under NTEE code M24 (Public Safety & Disaster Preparedness).
Is Indian Mills Volunteer Fire Co a registered 501(c)(3)?
Yes, Indian Mills Volunteer Fire Co is recognized as a tax-exempt organization by the IRS. EIN: 221891867.
Does Indian Mills Volunteer Fire Co file IRS Form 990?
Yes, Indian Mills Volunteer Fire Co has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Indian Mills Volunteer Fire Co's revenue in 2023?
In the 202312 filing period, Indian Mills Volunteer Fire Co reported total revenue of $167,729, total expenses of $132,023, and net assets of $318,061.
Is Indian Mills Volunteer Fire Co's revenue growing or declining?
Indian Mills Volunteer Fire Co's revenue is declining. Revenue went from $197,937 (202212) to $167,729 (202312), a -15.3% change. Based on 13 filings on record.
What is Indian Mills Volunteer Fire Co's most recent 990 filing?
The most recent IRS Form 990 filing for Indian Mills Volunteer Fire Co covers tax period 202312. It shows revenue of $167,729, expenses of $132,023, total assets of $318,061, and liabilities of N/A.
How much does Indian Mills Volunteer Fire Co spend on programs vs administration?
Based on IRS 990 analysis, Indian Mills Volunteer Fire Co allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Indian Mills Volunteer Fire Co a trustworthy charity?
Based on AI analysis of IRS 990 data, Indian Mills Volunteer Fire Co appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Indian Mills Volunteer Fire Co?
The following concerns were identified: Significant year-over-year fluctuations in revenue and expenses could impact long-term financial stability.. A notable decrease in assets from $492,384 in 2019 to $318,061 in 2023 warrants further investigation into the cause.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Indian Mills Volunteer Fire Co's strengths?
Positive indicators for Indian Mills Volunteer Fire Co include: Consistent reporting of $0 executive compensation demonstrates a strong commitment to volunteerism and directs funds to mission.. The organization has maintained operations for many years, indicating resilience and community support.. A healthy asset base, even with fluctuations, provides a buffer for operational needs.. These findings are derived from AI analysis of the organization's financial filings.
How does Indian Mills Volunteer Fire Co compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-driven leadership model. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage its operational expenses and fundraising efforts given the reported $0 executive compensation?
The consistent reporting of $0 for executive compensation suggests that the organization relies heavily on volunteer leadership and potentially has very low administrative overhead, allowing a larger portion of funds to be directed towards programs.
What factors contributed to the significant decrease in assets from $492,384 in 2019 to $318,061 in 2023?
Without more detailed financial statements, it's difficult to pinpoint exact causes. Potential factors could include significant capital expenditures, a period of lower fundraising combined with consistent expenses, or changes in investment values.
Filing History
IRS 990 filing history for Indian Mills Volunteer Fire Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Indian Mills Volunteer Fire Co's revenue has declined by 11.2%, moving from $189K to $168K. Total assets increased by 2.1% over the same period, from $312K to $318K. Total functional expenses fell by 10.9%, from $148K to $132K. In its most recent filing year (2023), Indian Mills Volunteer Fire Co reported a surplus of $36K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $132K | $318K | $0 | — | View 990 |
| 2022 | $198K | $383K | $282K | $0 | — | View 990 |
| 2021 | $139K | $155K | $468K | $0 | — | — |
| 2020 | $209K | $218K | $483K | $0 | — | — |
| 2019 | $284K | $209K | $492K | $0 | — | View 990 |
| 2018 | $201K | $185K | $417K | $0 | — | View 990 |
| 2017 | $285K | $184K | $401K | $0 | — | View 990 |
| 2016 | $122K | $154K | $300K | $0 | — | View 990 |
| 2015 | $157K | $169K | $332K | $0 | — | View 990 |
| 2014 | $210K | $254K | $343K | $0 | — | View 990 |
| 2013 | $189K | $150K | $387K | $0 | — | View 990 |
| 2012 | $201K | $165K | $348K | $0 | — | View 990 |
| 2011 | $189K | $148K | $312K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $132K, and assets of $318K (revenue -15.3% year-over-year).
- 2022: Revenue of $198K, expenses of $383K, and assets of $282K (revenue +42.1% year-over-year).
- 2021: Revenue of $139K, expenses of $155K, and assets of $468K (revenue -33.2% year-over-year).
- 2020: Revenue of $209K, expenses of $218K, and assets of $483K (revenue -26.7% year-over-year).
- 2019: Revenue of $284K, expenses of $209K, and assets of $492K (revenue +41.4% year-over-year).
- 2018: Revenue of $201K, expenses of $185K, and assets of $417K (revenue -29.4% year-over-year).
- 2017: Revenue of $285K, expenses of $184K, and assets of $401K (revenue +133.3% year-over-year).
- 2016: Revenue of $122K, expenses of $154K, and assets of $300K (revenue -22.4% year-over-year).
- 2015: Revenue of $157K, expenses of $169K, and assets of $332K (revenue -25.2% year-over-year).
- 2014: Revenue of $210K, expenses of $254K, and assets of $343K (revenue +11.5% year-over-year).
- 2013: Revenue of $189K, expenses of $150K, and assets of $387K (revenue -5.9% year-over-year).
- 2012: Revenue of $201K, expenses of $165K, and assets of $348K (revenue +6.2% year-over-year).
- 2011: Revenue of $189K, expenses of $148K, and assets of $312K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indian Mills Volunteer Fire Co:
Data Sources and Methodology
This transparency report for Indian Mills Volunteer Fire Co 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.