Montvale Engine Co No 1
Montvale Engine Co No 1: Steady Revenue, Strong Asset Growth
EIN: 222244207 · Montvale, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $95K |
| Program Spending | 70% |
| Net Assets | $947K |
| Transparency Score | 75/100 |
Is Montvale Engine Co No 1 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Montvale Engine Co No 1 directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Montvale Engine Co No 1
Montvale Engine Co No 1 (EIN: 222244207) is a nonprofit organization based in Montvale, NJ. The organization reported total revenue of $228K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montvale Engine Co No 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montvale Engine Co No 1 is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $95K |
| Surplus / Deficit | +$163K |
| Total Assets | $947K |
| Net Assets | $947K |
| Operating Margin | 63.2% |
| Months of Reserves | 119.4 months |
Financial Health Grade: A
In 2023, Montvale Engine Co No 1 reported a surplus of $163K with revenue exceeding expenses, holds 119.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Montvale Engine Co No 1's revenue has grown at a compound annual growth rate (CAGR) of 16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +266.0% | +51.1% | +20.9% |
| 2022 | -55.4% | -30.8% | -16.2% |
| 2021 | +24.1% | +329.4% | +7.8% |
| 2020 | -31.4% | -75.8% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1979 |
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 Montvale Engine Co No 1 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Montvale Engine Co No 1 allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $163K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the available data.
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 Montvale Engine Co No 1's IRS 990 filings:
- No detailed program spending breakdown provided, making it difficult to assess direct impact.
- Lack of information on executive compensation raises questions about transparency in leadership remuneration.
Strengths
The following positive indicators were identified for Montvale Engine Co No 1:
- Consistent revenue generation over several years, with a notable increase in 2023 to $258,518.
- Significant asset growth, reaching $1,048,315 in 2023, indicating financial stability.
- Positive net assets reported consistently, demonstrating good financial health.
Frequently Asked Questions about Montvale Engine Co No 1
Is Montvale Engine Co No 1 a legitimate charity?
Based on AI analysis of IRS 990 filings, Montvale Engine Co No 1 (EIN: 222244207) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Montvale Engine Co No 1 spend its money?
Montvale Engine Co No 1 directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Montvale Engine Co No 1 tax-deductible?
Montvale Engine Co No 1 is registered as a tax-exempt nonprofit (EIN: 222244207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Montvale Engine Co No 1's spending goes to programs?
Montvale Engine Co No 1 directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Montvale Engine Co No 1 located?
Montvale Engine Co No 1 is headquartered in Montvale, New Jersey and files with the IRS under EIN 222244207.
How many years of IRS 990 filings does Montvale Engine Co No 1 have?
Montvale Engine Co No 1 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 $228K in total revenue.
What does Montvale Engine Co No 1 do?
Montvale Engine Co No 1 is a nonprofit organization in the Unknown sector, located in Montvale, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Montvale Engine Co No 1 have?
Montvale Engine Co No 1 reported total revenue of $227,676. Based on 13 IRS 990 filings on record.
What are Montvale Engine Co No 1's total assets?
Montvale Engine Co No 1 holds total assets of $1,048,315 as reported in IRS 990 filings.
Where is Montvale Engine Co No 1 located?
Montvale Engine Co No 1 is based in Montvale, New Jersey.
What is Montvale Engine Co No 1's EIN?
Montvale Engine Co No 1's Employer Identification Number (EIN) is 222244207. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Montvale Engine Co No 1?
Montvale Engine Co No 1 is classified under NTEE code Unknown (Unknown).
Is Montvale Engine Co No 1 a registered 501(c)(3)?
Montvale Engine Co No 1 appears in IRS records (EIN: 222244207). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Montvale Engine Co No 1 file IRS Form 990?
Yes, Montvale Engine Co No 1 has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Montvale Engine Co No 1's revenue in 2023?
In the 202312 filing period, Montvale Engine Co No 1 reported total revenue of $258,518, total expenses of $95,110, and net assets of $946,613.
Is Montvale Engine Co No 1's revenue growing or declining?
Montvale Engine Co No 1's revenue is growing. Revenue went from $70,636 (202212) to $258,518 (202312), a +266.0% change. Based on 13 filings on record.
What is Montvale Engine Co No 1's most recent 990 filing?
The most recent IRS Form 990 filing for Montvale Engine Co No 1 covers tax period 202312. It shows revenue of $258,518, expenses of $95,110, total assets of $946,613, and liabilities of N/A.
How much does Montvale Engine Co No 1 spend on programs vs administration?
Based on IRS 990 analysis, Montvale Engine Co No 1 allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Montvale Engine Co No 1 a trustworthy charity?
Based on AI analysis of IRS 990 data, Montvale Engine Co No 1 appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Montvale Engine Co No 1?
The following concerns were identified: No detailed program spending breakdown provided, making it difficult to assess direct impact.. Lack of information on executive compensation raises questions about transparency in leadership remuneration.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Montvale Engine Co No 1's strengths?
Positive indicators for Montvale Engine Co No 1 include: Consistent revenue generation over several years, with a notable increase in 2023 to $258,518.. Significant asset growth, reaching $1,048,315 in 2023, indicating financial stability.. Positive net assets reported consistently, demonstrating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Montvale Engine Co No 1 compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Montvale Engine Co No 1?
• Financials consistently filed, showing revenue and expense trends. • No specific program details or impact metrics are readily available in the provided data. • Lack of detailed breakdown for administrative vs. fundraising expenses. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does Montvale Engine Co No 1 allocate its expenses between direct program services, administrative overhead, and fundraising efforts, given the provided 'x' (expenses) figure?
The provided data only gives a total 'x' for expenses (e.g., $95,110 in 2023) without a breakdown. Without further information, it's impossible to determine the specific allocation percentages for programs, administration, and fundraising.
What is the primary source of the significant asset growth observed, particularly the jump from $783,205 in 2022 to $946,613 in 2023?
While the data shows a substantial increase in assets, the specific drivers (e.g., investments, property acquisition, large donations) are not detailed. Further financial statements would be needed to identify the primary source of this growth.
Filing History
IRS 990 filing history for Montvale Engine Co No 1 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Montvale Engine Co No 1's revenue has grown by 535.9%, moving from $41K to $259K. Total assets increased by 186.7% over the same period, from $330K to $947K. Total functional expenses rose by 44.8%, from $66K to $95K. In its most recent filing year (2023), Montvale Engine Co No 1 reported a surplus of $163K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $259K | $95K | $947K | $0 | — | View 990 |
| 2022 | $71K | $63K | $783K | $0 | — | View 990 |
| 2021 | $158K | $91K | $935K | $0 | — | View 990 |
| 2020 | $128K | $21K | $867K | $0 | — | — |
| 2019 | $186K | $88K | $761K | $0 | — | View 990 |
| 2018 | $-4,977 | $107K | $663K | $0 | — | View 990 |
| 2017 | $312K | $77K | $775K | $0 | — | View 990 |
| 2016 | $106K | $68K | $540K | $0 | — | View 990 |
| 2015 | $54K | $80K | $502K | $0 | — | View 990 |
| 2014 | $77K | $55K | $528K | $0 | — | View 990 |
| 2013 | $176K | $58K | $505K | $0 | — | View 990 |
| 2012 | $119K | $62K | $387K | $0 | — | View 990 |
| 2011 | $41K | $66K | $330K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $259K, expenses of $95K, and assets of $947K (revenue +266.0% year-over-year).
- 2022: Revenue of $71K, expenses of $63K, and assets of $783K (revenue -55.4% year-over-year).
- 2021: Revenue of $158K, expenses of $91K, and assets of $935K (revenue +24.1% year-over-year).
- 2020: Revenue of $128K, expenses of $21K, and assets of $867K (revenue -31.4% year-over-year).
- 2019: Revenue of $186K, expenses of $88K, and assets of $761K.
- 2018: Revenue of $-4,977, expenses of $107K, and assets of $663K (revenue -101.6% year-over-year).
- 2017: Revenue of $312K, expenses of $77K, and assets of $775K (revenue +194.1% year-over-year).
- 2016: Revenue of $106K, expenses of $68K, and assets of $540K (revenue +95.4% year-over-year).
- 2015: Revenue of $54K, expenses of $80K, and assets of $502K (revenue -29.9% year-over-year).
- 2014: Revenue of $77K, expenses of $55K, and assets of $528K (revenue -56.1% year-over-year).
- 2013: Revenue of $176K, expenses of $58K, and assets of $505K (revenue +48.4% year-over-year).
- 2012: Revenue of $119K, expenses of $62K, and assets of $387K (revenue +192.3% year-over-year).
- 2011: Revenue of $41K, expenses of $66K, and assets of $330K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montvale Engine Co No 1:
Data Sources and Methodology
This transparency report for Montvale Engine Co No 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.