Lakewood First Aid & Emergency Squad Inc
EIN: 226049732 · Lakewood, NJ · NTEE: M20
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $129K |
| Net Assets | $356K |
Is Lakewood First Aid & Emergency Squad Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lakewood First Aid & Emergency Squad Inc
Lakewood First Aid & Emergency Squad Inc (EIN: 226049732) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code M20. The organization reported total revenue of $185K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakewood First Aid & Emergency Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakewood First Aid & Emergency Squad Inc is a small nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $129K |
| Surplus / Deficit | +$45K |
| Total Assets | $356K |
| Net Assets | $356K |
| Operating Margin | 26.0% |
| Months of Reserves | 33.3 months |
Financial Health Grade: A
In 2023, Lakewood First Aid & Emergency Squad Inc reported a surplus of $45K with revenue exceeding expenses, holds 33.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2010–2023), Lakewood First Aid & Emergency Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.3% | -7.8% | +14.5% |
| 2022 | -23.9% | -12.7% | -7.3% |
| 2021 | +34.6% | +9.3% | -2.6% |
| 2020 | -29.5% | +29.0% | -9.0% |
| 2019 | -19.9% | +4.5% | +13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lakewood First Aid & Emergency Squad Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lakewood First Aid & Emergency Squad Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
Frequently Asked Questions about Lakewood First Aid & Emergency Squad Inc
Is Lakewood First Aid & Emergency Squad Inc a legitimate charity?
Lakewood First Aid & Emergency Squad Inc (EIN: 226049732) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $185K. No red flags identified. Financial health grade: A.
How does Lakewood First Aid & Emergency Squad Inc spend its money?
Lakewood First Aid & Emergency Squad Inc reported $185K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lakewood First Aid & Emergency Squad Inc tax-deductible?
Lakewood First Aid & Emergency Squad Inc is registered as a tax-exempt nonprofit (EIN: 226049732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lakewood First Aid & Emergency Squad Inc located?
Lakewood First Aid & Emergency Squad Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 226049732. It is classified under NTEE code M20.
How many years of IRS 990 filings does Lakewood First Aid & Emergency Squad Inc have?
Lakewood First Aid & Emergency Squad 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 $185K in total revenue.
Filing History
IRS 990 filing history for Lakewood First Aid & Emergency Squad Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Lakewood First Aid & Emergency Squad Inc's revenue has grown by 306.2%, moving from $43K to $174K. Total assets increased by 327.1% over the same period, from $83K to $356K. Total functional expenses rose by 89%, from $68K to $129K. In its most recent filing year (2023), Lakewood First Aid & Emergency Squad Inc reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $129K | $356K | $0 | — | View 990 |
| 2022 | $115K | $139K | $311K | $0 | — | View 990 |
| 2021 | $151K | $160K | $336K | $0 | — | View 990 |
| 2020 | $112K | $146K | $345K | $0 | — | — |
| 2019 | $159K | $113K | $379K | $0 | — | View 990 |
| 2018 | $198K | $108K | $333K | $0 | — | View 990 |
| 2017 | $169K | $95K | $243K | $0 | — | View 990 |
| 2015 | $105K | $56K | $116K | $22K | — | View 990 |
| 2014 | $59K | $82K | $77K | $32K | — | — |
| 2013 | $75K | $83K | $109K | $41K | — | View 990 |
| 2012 | $99K | $77K | $125K | $49K | — | View 990 |
| 2011 | $54K | $83K | $74K | $20K | — | View 990 |
| 2010 | $43K | $68K | $83K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $129K, and assets of $356K (revenue +51.3% year-over-year).
- 2022: Revenue of $115K, expenses of $139K, and assets of $311K (revenue -23.9% year-over-year).
- 2021: Revenue of $151K, expenses of $160K, and assets of $336K (revenue +34.6% year-over-year).
- 2020: Revenue of $112K, expenses of $146K, and assets of $345K (revenue -29.5% year-over-year).
- 2019: Revenue of $159K, expenses of $113K, and assets of $379K (revenue -19.9% year-over-year).
- 2018: Revenue of $198K, expenses of $108K, and assets of $333K (revenue +17.3% year-over-year).
- 2017: Revenue of $169K, expenses of $95K, and assets of $243K (revenue +61.2% year-over-year).
- 2015: Revenue of $105K, expenses of $56K, and assets of $116K (revenue +77.6% year-over-year).
- 2014: Revenue of $59K, expenses of $82K, and assets of $77K (revenue -21.7% year-over-year).
- 2013: Revenue of $75K, expenses of $83K, and assets of $109K (revenue -23.5% year-over-year).
- 2012: Revenue of $99K, expenses of $77K, and assets of $125K (revenue +83.7% year-over-year).
- 2011: Revenue of $54K, expenses of $83K, and assets of $74K (revenue +25.5% year-over-year).
- 2010: Revenue of $43K, expenses of $68K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakewood First Aid & Emergency Squad Inc:
Data Sources and Methodology
This transparency report for Lakewood 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.