Montgomery Twp Vol Fire Co 1

Montgomery Twp Vol Fire Co 1 maintains stable assets and zero officer compensation amidst fluctuating revenues.

EIN: 201314051 · Belle Mead, NJ · NTEE: M24 · Updated: 2026-03-28

$321KRevenue

$1.9MAssets

90/100Mission Score (Excellent)

M24

About Montgomery Twp Vol Fire Co 1

Montgomery Twp Vol Fire Co 1 (EIN: 201314051) is a nonprofit organization based in Belle Mead, NJ, classified under NTEE code M24. The organization reported total revenue of $321K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montgomery Twp Vol Fire Co 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Montgomery Twp Vol Fire Co 1 demonstrates consistent financial stability with assets consistently above $1.9 million in recent years, reaching $2,050,151 in 2023. The organization's revenue has fluctuated, with a notable dip to $142,472 in 2023 from $221,431 in 2021, but expenses have generally remained controlled, hovering around $150,000 annually in the last two periods. The organization reports 0% officer compensation across all available filings, indicating a volunteer-driven leadership structure, which is a strong positive for spending efficiency and donor confidence. While specific program spending details are not provided in the summary data, the absence of officer compensation suggests a high proportion of funds likely go directly to operational costs associated with their mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Montgomery Twp Vol Fire Co 1 with a Mission Score of 90 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Montgomery Twp Vol Fire Co 1 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets exceeding $2 million.

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 Montgomery Twp Vol Fire Co 1:

Zero officer compensation, indicating volunteer leadership and high efficiency.
Strong and stable asset base, consistently above $1.9 million.
Decreasing trend in liabilities over recent years, improving financial health.
Consistent expense management relative to revenue.

Frequently Asked Questions about Montgomery Twp Vol Fire Co 1

Is Montgomery Twp Vol Fire Co 1 a good charity?

Based on the provided data, Montgomery Twp Vol Fire Co 1 appears to be a very good charity. It maintains strong assets, has no officer compensation, and consistently manages its expenses.

How has the organization's financial health changed over time?

The organization has maintained strong asset levels, consistently above $1.9 million since 2018, reaching $2,050,151 in 2023. Revenue has fluctuated, with a high of $310,879 in 2018 and a low of $142,472 in 2023, but expenses have generally been managed within revenue, except for a slight deficit in 2023.

What is the trend in liabilities?

Liabilities have shown a general decreasing trend from a high of $1,114,403 in 2017 to $849,770 in 2023, which indicates improved financial leverage and reduced debt burden over time.

Filing History

IRS 990 filing history for Montgomery Twp Vol Fire Co 1 showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Montgomery Twp Vol Fire Co 1's revenue has declined by 17.6%, moving from $173K to $142K. Total assets increased by 71.2% over the same period, from $1.2M to $2.1M. Total functional expenses rose by 16.8%, from $129K to $151K. In its most recent filing year (2023), Montgomery Twp Vol Fire Co 1 reported a deficit of $8K, with expenses exceeding revenue. The organization holds $850K in liabilities against $2.1M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$142K	$151K	$2.1M	$850K	—	View 990
2022	$154K	$141K	$2.1M	$877K	—	View 990
2021	$221K	$117K	$2.1M	$919K	—	—
2020	$154K	$122K	$2.1M	$956K	—	—
2019	$195K	$171K	$2.1M	$998K	—	View 990
2018	$311K	$242K	$2.0M	$1.0M	—	View 990
2017	$224K	$195K	$2.1M	$1.1M	—	View 990
2016	$229K	$133K	$1.3M	$372K	—	View 990
2015	$211K	$130K	$1.2M	$393K	—	View 990
2014	$203K	$137K	$1.2M	$455K	—	View 990
2013	$197K	$146K	$1.2M	$511K	—	View 990
2012	$185K	$137K	$1.2M	$569K	—	View 990
2011	$173K	$129K	$1.2M	$632K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $142K, expenses of $151K, and assets of $2.1M (revenue -7.8% year-over-year).
2022: Revenue of $154K, expenses of $141K, and assets of $2.1M (revenue -30.3% year-over-year).
2021: Revenue of $221K, expenses of $117K, and assets of $2.1M (revenue +44.2% year-over-year).
2020: Revenue of $154K, expenses of $122K, and assets of $2.1M (revenue -21.1% year-over-year).
2019: Revenue of $195K, expenses of $171K, and assets of $2.1M (revenue -37.4% year-over-year).
2018: Revenue of $311K, expenses of $242K, and assets of $2.0M (revenue +38.7% year-over-year).
2017: Revenue of $224K, expenses of $195K, and assets of $2.1M (revenue -2.0% year-over-year).
2016: Revenue of $229K, expenses of $133K, and assets of $1.3M (revenue +8.4% year-over-year).
2015: Revenue of $211K, expenses of $130K, and assets of $1.2M (revenue +3.8% year-over-year).
2014: Revenue of $203K, expenses of $137K, and assets of $1.2M (revenue +3.0% year-over-year).
2013: Revenue of $197K, expenses of $146K, and assets of $1.2M (revenue +6.5% year-over-year).
2012: Revenue of $185K, expenses of $137K, and assets of $1.2M (revenue +7.1% year-over-year).
2011: Revenue of $173K, expenses of $129K, and assets of $1.2M.

Data Sources and Methodology

This transparency report for Montgomery Twp Vol Fire Co 1 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.