Jacobstown Volunteer Fire Company Inc
Jacobstown Volunteer Fire Company: Strong Program Spending, Limited Transparency
EIN: 222638461 · Wrightstown, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $182K |
| Total Expenses | $170K |
| Program Spending | 90% |
| Net Assets | $150K |
| Transparency Score | 75/100 |
Is Jacobstown Volunteer Fire Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jacobstown Volunteer Fire Company Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jacobstown Volunteer Fire Company Inc
Jacobstown Volunteer Fire Company Inc (EIN: 222638461) is a nonprofit organization based in Wrightstown, NJ. The organization reported total revenue of $182K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacobstown Volunteer Fire Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacobstown Volunteer Fire Company Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $170K |
| Surplus / Deficit | +$23K |
| Total Assets | $150K |
| Net Assets | $150K |
| Operating Margin | 12.0% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Jacobstown Volunteer Fire Company Inc reported a surplus of $23K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Jacobstown Volunteer Fire Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +76.6% | +143.6% | +18.1% |
| 2022 | +113.7% | +51.7% | +45.1% |
| 2021 | -5.6% | -18.3% | +6.2% |
| 2020 | -28.4% | -54.0% | -2.5% |
| 2019 | -3.3% | +43.6% | -35.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Jacobstown Volunteer Fire Company 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Jacobstown Volunteer Fire Company Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $23K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation information is not disclosed in available filings, suggesting a volunteer-led organization with no paid executives.
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 Jacobstown Volunteer Fire Company Inc's IRS 990 filings:
- Limited narrative detail in financial filings makes it difficult to understand specific activities.
- Lack of a clear website or public presence for detailed operational information.
Strengths
The following positive indicators were identified for Jacobstown Volunteer Fire Company Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023).
- Positive net assets growth over recent years, indicating financial stability.
- Volunteer-driven model likely minimizes administrative overhead.
Frequently Asked Questions about Jacobstown Volunteer Fire Company Inc
Is Jacobstown Volunteer Fire Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jacobstown Volunteer Fire Company Inc (EIN: 222638461) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Jacobstown Volunteer Fire Company Inc spend its money?
Jacobstown Volunteer Fire Company Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jacobstown Volunteer Fire Company Inc tax-deductible?
Jacobstown Volunteer Fire Company Inc is registered as a tax-exempt nonprofit (EIN: 222638461). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jacobstown Volunteer Fire Company Inc's spending goes to programs?
Jacobstown Volunteer Fire Company Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Jacobstown Volunteer Fire Company Inc located?
Jacobstown Volunteer Fire Company Inc is headquartered in Wrightstown, New Jersey and files with the IRS under EIN 222638461.
How many years of IRS 990 filings does Jacobstown Volunteer Fire Company Inc have?
Jacobstown Volunteer Fire Company 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 $182K in total revenue.
What does Jacobstown Volunteer Fire Company Inc do?
Jacobstown Volunteer Fire Company Inc is a nonprofit organization in the Unknown sector, located in Wrightstown, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Jacobstown Volunteer Fire Company Inc have?
Jacobstown Volunteer Fire Company Inc reported total revenue of $181,544. Based on 13 IRS 990 filings on record.
What are Jacobstown Volunteer Fire Company Inc's total assets?
Jacobstown Volunteer Fire Company Inc holds total assets of $173,728 as reported in IRS 990 filings.
Where is Jacobstown Volunteer Fire Company Inc located?
Jacobstown Volunteer Fire Company Inc is based in Wrightstown, New Jersey.
What is Jacobstown Volunteer Fire Company Inc's EIN?
Jacobstown Volunteer Fire Company Inc's Employer Identification Number (EIN) is 222638461. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Jacobstown Volunteer Fire Company Inc?
Jacobstown Volunteer Fire Company Inc is classified under NTEE code Unknown (Unknown).
Is Jacobstown Volunteer Fire Company Inc a registered 501(c)(3)?
Jacobstown Volunteer Fire Company Inc appears in IRS records (EIN: 222638461). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Jacobstown Volunteer Fire Company Inc file IRS Form 990?
Yes, Jacobstown Volunteer Fire Company Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Jacobstown Volunteer Fire Company Inc's revenue in 2023?
In the 202312 filing period, Jacobstown Volunteer Fire Company Inc reported total revenue of $192,677, total expenses of $169,639, and net assets of $150,140.
Is Jacobstown Volunteer Fire Company Inc's revenue growing or declining?
Jacobstown Volunteer Fire Company Inc's revenue is growing. Revenue went from $109,081 (202212) to $192,677 (202312), a +76.6% change. Based on 13 filings on record.
What is Jacobstown Volunteer Fire Company Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Jacobstown Volunteer Fire Company Inc covers tax period 202312. It shows revenue of $192,677, expenses of $169,639, total assets of $150,140, and liabilities of N/A.
How much does Jacobstown Volunteer Fire Company Inc spend on programs vs administration?
Based on IRS 990 analysis, Jacobstown Volunteer Fire Company Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Jacobstown Volunteer Fire Company Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Jacobstown Volunteer Fire Company Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Jacobstown Volunteer Fire Company Inc?
The following concerns were identified: Limited narrative detail in financial filings makes it difficult to understand specific activities.. Lack of a clear website or public presence for detailed operational information.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Jacobstown Volunteer Fire Company Inc's strengths?
Positive indicators for Jacobstown Volunteer Fire Company Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023).. Positive net assets growth over recent years, indicating financial stability.. Volunteer-driven model likely minimizes administrative overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does Jacobstown Volunteer Fire Company Inc compensate executives?
Executive compensation information is not disclosed in available filings, suggesting a volunteer-led organization with no paid executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure effective oversight and accountability without paid executive leadership?
Given the volunteer nature, oversight likely relies on a dedicated board of directors and internal controls, though specific details are not publicly available.
What specific programs or services are funded by the 'program expenses' given the lack of detailed breakdown?
Without further detail, it's assumed these expenses directly support fire suppression, emergency response, and related community safety initiatives inherent to a volunteer fire company.
Filing History
IRS 990 filing history for Jacobstown Volunteer Fire Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jacobstown Volunteer Fire Company Inc's revenue has grown by 297.5%, moving from $48K to $193K. Total assets increased by 80.5% over the same period, from $83K to $150K. Total functional expenses rose by 316.8%, from $41K to $170K. In its most recent filing year (2023), Jacobstown Volunteer Fire Company Inc reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $170K | $150K | $0 | — | View 990 |
| 2022 | $109K | $70K | $127K | $0 | — | — |
| 2021 | $51K | $46K | $88K | $0 | — | — |
| 2020 | $54K | $56K | $82K | $0 | — | View 990 |
| 2019 | $76K | $122K | $85K | $0 | — | View 990 |
| 2018 | $78K | $85K | $131K | $0 | — | View 990 |
| 2017 | $86K | $77K | $138K | $0 | — | View 990 |
| 2016 | $61K | $52K | $129K | $0 | — | View 990 |
| 2015 | $63K | $72K | $120K | $0 | — | View 990 |
| 2014 | $97K | $102K | $129K | $0 | — | View 990 |
| 2013 | $86K | $56K | $134K | $0 | — | View 990 |
| 2012 | $163K | $142K | $104K | $0 | — | View 990 |
| 2011 | $48K | $41K | $83K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $170K, and assets of $150K (revenue +76.6% year-over-year).
- 2022: Revenue of $109K, expenses of $70K, and assets of $127K (revenue +113.7% year-over-year).
- 2021: Revenue of $51K, expenses of $46K, and assets of $88K (revenue -5.6% year-over-year).
- 2020: Revenue of $54K, expenses of $56K, and assets of $82K (revenue -28.4% year-over-year).
- 2019: Revenue of $76K, expenses of $122K, and assets of $85K (revenue -3.3% year-over-year).
- 2018: Revenue of $78K, expenses of $85K, and assets of $131K (revenue -9.6% year-over-year).
- 2017: Revenue of $86K, expenses of $77K, and assets of $138K (revenue +42.7% year-over-year).
- 2016: Revenue of $61K, expenses of $52K, and assets of $129K (revenue -4.2% year-over-year).
- 2015: Revenue of $63K, expenses of $72K, and assets of $120K (revenue -35.0% year-over-year).
- 2014: Revenue of $97K, expenses of $102K, and assets of $129K (revenue +12.6% year-over-year).
- 2013: Revenue of $86K, expenses of $56K, and assets of $134K (revenue -46.9% year-over-year).
- 2012: Revenue of $163K, expenses of $142K, and assets of $104K (revenue +235.7% year-over-year).
- 2011: Revenue of $48K, expenses of $41K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacobstown Volunteer Fire Company Inc:
Data Sources and Methodology
This transparency report for Jacobstown Volunteer Fire Company 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.