Montgomery Township Volunteer Fire Company No 2
Montgomery Township Volunteer Fire Company No 2: Stable Finances, Low Liquidity
EIN: 222150802 · Blawenburg, NJ · NTEE: M24 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $292K |
| Total Expenses | $206K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $2.0M |
| Transparency Score | 75/100 |
Is Montgomery Township Volunteer Fire Company No 2 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Montgomery Township Volunteer Fire Company No 2 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Montgomery Township Volunteer Fire Company No 2
Montgomery Township Volunteer Fire Company No 2 (EIN: 222150802) is a nonprofit organization based in Blawenburg, NJ, classified under NTEE code M24. The organization reported total revenue of $292K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montgomery Township Volunteer Fire Company No 2's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montgomery Township Volunteer Fire Company No 2 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 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $316K |
| Total Expenses | $206K |
| Surplus / Deficit | +$110K |
| Total Assets | $2.0M |
| Total Liabilities | $2K |
| Net Assets | $2.0M |
| Operating Margin | 34.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 118.2 months |
Financial Health Grade: A
In 2023, Montgomery Township Volunteer Fire Company No 2 reported a surplus of $110K with revenue exceeding expenses, holds 118.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Montgomery Township Volunteer Fire Company No 2's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | -0.2% | +3.3% |
| 2022 | +9.5% | +4.9% | -1.8% |
| 2021 | +9.1% | +19.9% | -2.4% |
| 2020 | -3.9% | -5.3% | -1.6% |
| 2019 | -3.2% | -1.9% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1600 |
| 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 Montgomery Township Volunteer Fire Company No 2 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, Montgomery Township Volunteer Fire Company No 2 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 $110K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization.
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 Montgomery Township Volunteer Fire Company No 2's IRS 990 filings:
- Liquidity has significantly decreased over the past several years, from $823,285 in 2016 to $1,652 in 2023.
- Total liabilities have increased substantially from $1,652 in 2023 to $823,285 in 2016, indicating a potential reliance on debt or deferred revenue in earlier years, though the trend has reversed more recently.
Strengths
The following positive indicators were identified for Montgomery Township Volunteer Fire Company No 2:
- Consistent revenue generation, averaging around $260,000 annually over the past eight years.
- Total assets have remained relatively stable, hovering around $2 million.
- The organization appears to be entirely volunteer-run, with no reported executive compensation.
- Expenses have been consistently lower than revenue in recent years, contributing to asset stability.
Frequently Asked Questions about Montgomery Township Volunteer Fire Company No 2
Is Montgomery Township Volunteer Fire Company No 2 a legitimate charity?
Montgomery Township Volunteer Fire Company No 2 (EIN: 222150802) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $292K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Montgomery Township Volunteer Fire Company No 2 spend its money?
Montgomery Township Volunteer Fire Company No 2 directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Montgomery Township Volunteer Fire Company No 2 tax-deductible?
Montgomery Township Volunteer Fire Company No 2 is registered as a tax-exempt nonprofit (EIN: 222150802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Montgomery Township Volunteer Fire Company No 2 CEO make?
Montgomery Township Volunteer Fire Company No 2's highest-compensated officer earns $0 annually. The organization reported $292K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Montgomery Township Volunteer Fire Company No 2's spending goes to programs?
Montgomery Township Volunteer Fire Company No 2 directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Montgomery Township Volunteer Fire Company No 2 compare to similar nonprofits?
With a transparency score of 75/100 (Good), Montgomery Township Volunteer Fire Company No 2 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 Montgomery Township Volunteer Fire Company No 2 located?
Montgomery Township Volunteer Fire Company No 2 is headquartered in Blawenburg, New Jersey and files with the IRS under EIN 222150802. It is classified under NTEE code M24.
How many years of IRS 990 filings does Montgomery Township Volunteer Fire Company No 2 have?
Montgomery Township Volunteer Fire Company No 2 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 $292K in total revenue.
What does Montgomery Township Volunteer Fire Company No 2 do?
Montgomery Township Volunteer Fire Company No 2 is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Blawenburg, New Jersey. It is classified under NTEE code M24.
How much revenue does Montgomery Township Volunteer Fire Company No 2 have?
Montgomery Township Volunteer Fire Company No 2 reported total revenue of $292,226. Based on 13 IRS 990 filings on record.
What are Montgomery Township Volunteer Fire Company No 2's total assets?
Montgomery Township Volunteer Fire Company No 2 holds total assets of $2,118,982 as reported in IRS 990 filings.
Where is Montgomery Township Volunteer Fire Company No 2 located?
Montgomery Township Volunteer Fire Company No 2 is based in Blawenburg, New Jersey.
What is Montgomery Township Volunteer Fire Company No 2's EIN?
Montgomery Township Volunteer Fire Company No 2's Employer Identification Number (EIN) is 222150802. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Montgomery Township Volunteer Fire Company No 2?
Montgomery Township Volunteer Fire Company No 2 is classified under NTEE code M24 (Public Safety & Disaster Preparedness).
Is Montgomery Township Volunteer Fire Company No 2 a registered 501(c)(3)?
Yes, Montgomery Township Volunteer Fire Company No 2 is recognized as a tax-exempt organization by the IRS. EIN: 222150802.
Does Montgomery Township Volunteer Fire Company No 2 file IRS Form 990?
Yes, Montgomery Township Volunteer Fire Company No 2 has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Montgomery Township Volunteer Fire Company No 2's revenue in 2023?
In the 202312 filing period, Montgomery Township Volunteer Fire Company No 2 reported total revenue of $315,997, total expenses of $206,241, and net assets of $2,031,211.
Is Montgomery Township Volunteer Fire Company No 2's revenue growing or declining?
Montgomery Township Volunteer Fire Company No 2's revenue is growing. Revenue went from $296,135 (202212) to $315,997 (202312), a +6.7% change. Based on 13 filings on record.
What is Montgomery Township Volunteer Fire Company No 2's most recent 990 filing?
The most recent IRS Form 990 filing for Montgomery Township Volunteer Fire Company No 2 covers tax period 202312. It shows revenue of $315,997, expenses of $206,241, total assets of $2,031,211, and liabilities of $1,652.
How much does Montgomery Township Volunteer Fire Company No 2 spend on programs vs administration?
Based on IRS 990 analysis, Montgomery Township Volunteer Fire Company No 2 allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Montgomery Township Volunteer Fire Company No 2 a trustworthy charity?
Based on AI analysis of IRS 990 data, Montgomery Township Volunteer Fire Company No 2 appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Montgomery Township Volunteer Fire Company No 2?
The following concerns were identified: Liquidity has significantly decreased over the past several years, from $823,285 in 2016 to $1,652 in 2023.. Total liabilities have increased substantially from $1,652 in 2023 to $823,285 in 2016, indicating a potential reliance on debt or deferred revenue in earlier years, though the trend has reversed more recently.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Montgomery Township Volunteer Fire Company No 2's strengths?
Positive indicators for Montgomery Township Volunteer Fire Company No 2 include: Consistent revenue generation, averaging around $260,000 annually over the past eight years.. Total assets have remained relatively stable, hovering around $2 million.. The organization appears to be entirely volunteer-run, with no reported executive compensation.. Expenses have been consistently lower than revenue in recent years, contributing to asset stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Montgomery Township Volunteer Fire Company No 2 compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the dramatic shift in reported liabilities and liquidity between 2016 and 2023?
In 2016, liabilities were reported at $823,285 and liquidity was high. By 2023, liabilities dropped to $1,652, and liquidity also decreased to $1,652. This suggests a significant paydown of debt or reclassification of funds, which warrants further investigation to understand the underlying financial strategy or operational changes.
Filing History
IRS 990 filing history for Montgomery Township Volunteer Fire Company No 2 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Montgomery Township Volunteer Fire Company No 2's revenue has grown by 16.6%, moving from $271K to $316K. Total assets decreased by 22.8% over the same period, from $2.6M to $2.0M. Total functional expenses rose by 0.9%, from $204K to $206K. In its most recent filing year (2023), Montgomery Township Volunteer Fire Company No 2 reported a surplus of $110K, with revenue exceeding expenses. The organization holds $2K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $316K | $206K | $2.0M | $2K | — | — |
| 2022 | $296K | $207K | $2.0M | $47K | — | View 990 |
| 2021 | $270K | $197K | $2.0M | $172K | — | View 990 |
| 2020 | $248K | $164K | $2.1M | $294K | — | View 990 |
| 2019 | $258K | $173K | $2.1M | $410K | — | View 990 |
| 2018 | $266K | $177K | $2.1M | $533K | — | View 990 |
| 2017 | $257K | $148K | $2.1M | $641K | — | View 990 |
| 2016 | $270K | $232K | $2.3M | $823K | — | View 990 |
| 2015 | $266K | $122K | $2.3M | $843K | — | View 990 |
| 2014 | $264K | $244K | $2.4M | $1.0M | — | View 990 |
| 2013 | $288K | $207K | $2.6M | $1.3M | — | View 990 |
| 2012 | $248K | $205K | $2.6M | $1.4M | — | View 990 |
| 2011 | $271K | $204K | $2.6M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $316K, expenses of $206K, and assets of $2.0M (revenue +6.7% year-over-year).
- 2022: Revenue of $296K, expenses of $207K, and assets of $2.0M (revenue +9.5% year-over-year).
- 2021: Revenue of $270K, expenses of $197K, and assets of $2.0M (revenue +9.1% year-over-year).
- 2020: Revenue of $248K, expenses of $164K, and assets of $2.1M (revenue -3.9% year-over-year).
- 2019: Revenue of $258K, expenses of $173K, and assets of $2.1M (revenue -3.2% year-over-year).
- 2018: Revenue of $266K, expenses of $177K, and assets of $2.1M (revenue +3.7% year-over-year).
- 2017: Revenue of $257K, expenses of $148K, and assets of $2.1M (revenue -4.8% year-over-year).
- 2016: Revenue of $270K, expenses of $232K, and assets of $2.3M (revenue +1.3% year-over-year).
- 2015: Revenue of $266K, expenses of $122K, and assets of $2.3M (revenue +1.0% year-over-year).
- 2014: Revenue of $264K, expenses of $244K, and assets of $2.4M (revenue -8.5% year-over-year).
- 2013: Revenue of $288K, expenses of $207K, and assets of $2.6M (revenue +16.1% year-over-year).
- 2012: Revenue of $248K, expenses of $205K, and assets of $2.6M (revenue -8.4% year-over-year).
- 2011: Revenue of $271K, expenses of $204K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montgomery Township Volunteer Fire Company No 2:
Data Sources and Methodology
This transparency report for Montgomery Township Volunteer Fire Company No 2 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.