Mine Brook Search & Rescue
Mine Brook Search & Rescue operates with minimal overhead and volunteer leadership, consistently utilizing nearly all revenue for operations.
EIN: 203117852 · Far Hills, NJ · NTEE: M23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $393K |
| Program Spending | 90% |
| Net Assets | $29K |
| Transparency Score | 92/100 |
Is Mine Brook Search & Rescue Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mine Brook Search & Rescue directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mine Brook Search & Rescue
Mine Brook Search & Rescue (EIN: 203117852) is a nonprofit organization based in Far Hills, NJ, classified under NTEE code M23. The organization reported total revenue of $151K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mine Brook Search & Rescue's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mine Brook Search & Rescue is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $393K |
| Surplus / Deficit | +$226 |
| Total Assets | $34K |
| Total Liabilities | $5K |
| Net Assets | $29K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2023, Mine Brook Search & Rescue reported a surplus of $226 with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mine Brook Search & Rescue's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.9% | +35.1% | +17.3% |
| 2022 | +10.6% | +11.2% | +21.1% |
| 2021 | +37.0% | +31.7% | +22.3% |
| 2020 | +24.3% | +40.2% | -18.1% |
| 2019 | +17.6% | +8.5% | +297.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Mine Brook Search & Rescue with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mine Brook Search & Rescue allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $226, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization of its size, as it ensures that all funds are directed towards its mission rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Mine Brook Search & Rescue:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Strong revenue growth, increasing from $133,492 in 2018 to $392,780 in 2023.
- Assets have grown steadily from $3,011 in 2017 to $34,203 in 2023, enhancing financial stability.
- Expenses consistently align closely with revenue, suggesting efficient deployment of resources for mission-related activities.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Mine Brook Search & Rescue
Is Mine Brook Search & Rescue a legitimate charity?
Mine Brook Search & Rescue (EIN: 203117852) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $151K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Mine Brook Search & Rescue spend its money?
Mine Brook Search & Rescue directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Mine Brook Search & Rescue tax-deductible?
Mine Brook Search & Rescue is registered as a tax-exempt nonprofit (EIN: 203117852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mine Brook Search & Rescue's spending goes to programs?
Mine Brook Search & Rescue directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mine Brook Search & Rescue compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mine Brook Search & Rescue is above average for NTEE category M23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mine Brook Search & Rescue located?
Mine Brook Search & Rescue is headquartered in Far Hills, New Jersey and files with the IRS under EIN 203117852. It is classified under NTEE code M23.
How many years of IRS 990 filings does Mine Brook Search & Rescue have?
Mine Brook Search & Rescue 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 $151K in total revenue.
Is Mine Brook Search & Rescue a good charity?
Based on the provided data, Mine Brook Search & Rescue appears to be a very good charity. It demonstrates strong financial health with revenues consistently covering expenses, a growing asset base, and a remarkable commitment to volunteer leadership with 0% officer compensation.
How has the organization's revenue trended over time?
Mine Brook Search & Rescue has shown significant revenue growth, particularly in recent years. Revenue increased from $133,492 in 2018 to $392,780 in 2023, indicating increasing support and operational scale.
What is the organization's financial stability?
The organization shows good financial stability. Its assets have grown steadily from $3,011 in 2017 to $34,203 in 2023, and liabilities are generally low, such as $4,889 in 2023, suggesting a healthy balance sheet.
Filing History
IRS 990 filing history for Mine Brook Search & Rescue showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mine Brook Search & Rescue's revenue has grown by 311%, moving from $96K to $393K. Total assets increased by 13.8% over the same period, from $30K to $34K. Total functional expenses rose by 313.3%, from $95K to $393K. In its most recent filing year (2023), Mine Brook Search & Rescue reported a surplus of $226, with revenue exceeding expenses. The organization holds $5K in liabilities against $34K in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $393K | $393K | $34K | $5K | — | — |
| 2022 | $296K | $291K | $29K | $74 | — | View 990 |
| 2021 | $267K | $261K | $24K | $0 | — | View 990 |
| 2020 | $195K | $198K | $20K | $2K | — | — |
| 2019 | $157K | $142K | $24K | $3K | — | View 990 |
| 2018 | $133K | $130K | $6K | $0 | — | View 990 |
| 2017 | $160K | $164K | $3K | $0 | — | View 990 |
| 2016 | $277K | $284K | $7K | $0 | — | View 990 |
| 2015 | $216K | $224K | $14K | $0 | — | View 990 |
| 2014 | $240K | $244K | $23K | $2K | — | View 990 |
| 2013 | $123K | $131K | $25K | $0 | — | View 990 |
| 2012 | $249K | $244K | $34K | $700 | — | View 990 |
| 2011 | $96K | $95K | $30K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $393K, expenses of $393K, and assets of $34K (revenue +32.9% year-over-year).
- 2022: Revenue of $296K, expenses of $291K, and assets of $29K (revenue +10.6% year-over-year).
- 2021: Revenue of $267K, expenses of $261K, and assets of $24K (revenue +37.0% year-over-year).
- 2020: Revenue of $195K, expenses of $198K, and assets of $20K (revenue +24.3% year-over-year).
- 2019: Revenue of $157K, expenses of $142K, and assets of $24K (revenue +17.6% year-over-year).
- 2018: Revenue of $133K, expenses of $130K, and assets of $6K (revenue -16.7% year-over-year).
- 2017: Revenue of $160K, expenses of $164K, and assets of $3K (revenue -42.1% year-over-year).
- 2016: Revenue of $277K, expenses of $284K, and assets of $7K (revenue +28.1% year-over-year).
- 2015: Revenue of $216K, expenses of $224K, and assets of $14K (revenue -9.9% year-over-year).
- 2014: Revenue of $240K, expenses of $244K, and assets of $23K (revenue +95.1% year-over-year).
- 2013: Revenue of $123K, expenses of $131K, and assets of $25K (revenue -50.5% year-over-year).
- 2012: Revenue of $249K, expenses of $244K, and assets of $34K (revenue +160.3% year-over-year).
- 2011: Revenue of $96K, expenses of $95K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mine Brook Search & Rescue:
Data Sources and Methodology
This transparency report for Mine Brook Search & Rescue 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.