Mountain Lake Fire Company
Mountain Lake Fire Company: Consistent Revenue, High Administrative Costs
EIN: 222490371 · Belvidere, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $401K |
| Total Expenses | $317K |
| Program Spending | 50% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.1M |
| Transparency Score | 65/100 |
Is Mountain Lake Fire Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mountain Lake Fire Company directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Mountain Lake Fire Company
Mountain Lake Fire Company (EIN: 222490371) is a nonprofit organization based in Belvidere, NJ. The organization reported total revenue of $401K and total assets of $893K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountain Lake Fire Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mountain Lake Fire Company is a small nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $317K |
| Surplus / Deficit | $-109,693 |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -52.9% |
| Months of Reserves | 40.4 months |
Financial Health Grade: B
In 2023, Mountain Lake Fire Company reported a deficit of $110K with expenses exceeding revenue, holds 40.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mountain Lake Fire Company's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.0% | +85.6% | -9.3% |
| 2022 | -36.3% | -15.1% | +7.7% |
| 2021 | +563.3% | +225.6% | +22.4% |
| 2020 | -57.5% | -55.5% | -0.1% |
| 2019 | +14.0% | -12.1% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1950 |
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 Mountain Lake Fire Company with a Mission Score of 65 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: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Mountain Lake Fire Company allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $110K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with significant assets and expenses.
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 Mountain Lake Fire Company's IRS 990 filings:
- Consistent reporting of $0 executive compensation despite significant expenses raises questions about how leadership is compensated or if services are entirely volunteer-based without disclosure.
- A substantial portion of expenses appears to be administrative or other non-programmatic, given the lack of detailed program spending.
- The significant drop in revenue from $401,491 in 2021 to $207,221 in 2023, while expenses remained relatively high, could indicate financial instability.
Strengths
The following positive indicators were identified for Mountain Lake Fire Company:
- The organization consistently maintains a strong asset base, with assets generally above $890,000.
- Reporting zero liabilities across all years indicates a healthy balance sheet and no outstanding debt.
- The organization has been operational for many years, demonstrating longevity in its mission.
Frequently Asked Questions about Mountain Lake Fire Company
Is Mountain Lake Fire Company a legitimate charity?
Mountain Lake Fire Company (EIN: 222490371) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $401K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mountain Lake Fire Company spend its money?
Mountain Lake Fire Company directs 50% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Mountain Lake Fire Company tax-deductible?
Mountain Lake Fire Company is registered as a tax-exempt nonprofit (EIN: 222490371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mountain Lake Fire Company CEO make?
Mountain Lake Fire Company's highest-compensated officer earns $0 annually. The organization reported $401K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mountain Lake Fire Company's spending goes to programs?
Mountain Lake Fire Company directs 50% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Mountain Lake Fire Company located?
Mountain Lake Fire Company is headquartered in Belvidere, New Jersey and files with the IRS under EIN 222490371.
How many years of IRS 990 filings does Mountain Lake Fire Company have?
Mountain Lake Fire Company 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 $401K in total revenue.
What does Mountain Lake Fire Company do?
Mountain Lake Fire Company is a nonprofit organization in the Unknown sector, located in Belvidere, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Mountain Lake Fire Company have?
Mountain Lake Fire Company reported total revenue of $401,456. Based on 13 IRS 990 filings on record.
What are Mountain Lake Fire Company's total assets?
Mountain Lake Fire Company holds total assets of $892,691 as reported in IRS 990 filings.
Where is Mountain Lake Fire Company located?
Mountain Lake Fire Company is based in Belvidere, New Jersey.
What is Mountain Lake Fire Company's EIN?
Mountain Lake Fire Company's Employer Identification Number (EIN) is 222490371. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mountain Lake Fire Company?
Mountain Lake Fire Company is classified under NTEE code Unknown (Unknown).
Is Mountain Lake Fire Company a registered 501(c)(3)?
Mountain Lake Fire Company appears in IRS records (EIN: 222490371). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Mountain Lake Fire Company file IRS Form 990?
Yes, Mountain Lake Fire Company has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Mountain Lake Fire Company's revenue in 2023?
In the 202312 filing period, Mountain Lake Fire Company reported total revenue of $207,221, total expenses of $316,914, and net assets of $1,067,065.
Is Mountain Lake Fire Company's revenue growing or declining?
Mountain Lake Fire Company's revenue is declining. Revenue went from $255,877 (202212) to $207,221 (202312), a -19.0% change. Based on 13 filings on record.
What is Mountain Lake Fire Company's most recent 990 filing?
The most recent IRS Form 990 filing for Mountain Lake Fire Company covers tax period 202312. It shows revenue of $207,221, expenses of $316,914, total assets of $1,067,065, and liabilities of N/A.
How much does Mountain Lake Fire Company spend on programs vs administration?
Based on IRS 990 analysis, Mountain Lake Fire Company allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Mountain Lake Fire Company a trustworthy charity?
Based on AI analysis of IRS 990 data, Mountain Lake Fire Company shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Mountain Lake Fire Company?
The following concerns were identified: Consistent reporting of $0 executive compensation despite significant expenses raises questions about how leadership is compensated or if services are entirely volunteer-based without disclosure.. A substantial portion of expenses appears to be administrative or other non-programmatic, given the lack of detailed program spending.. The significant drop in revenue from $401,491 in 2021 to $207,221 in 2023, while expenses remained relatively high, could indicate financial instability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mountain Lake Fire Company's strengths?
Positive indicators for Mountain Lake Fire Company include: The organization consistently maintains a strong asset base, with assets generally above $890,000.. Reporting zero liabilities across all years indicates a healthy balance sheet and no outstanding debt.. The organization has been operational for many years, demonstrating longevity in its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Mountain Lake Fire Company compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with significant assets and expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for officer, director, trustee, and key employee compensation, how does the organization sustain its leadership and operational oversight?
This suggests either a fully volunteer-run leadership structure without any form of compensation (e.g., stipends, benefits), or that compensation is being reported under a different expense category, which would reduce transparency.
With total expenses of $316,914 in 2023 and only $207,221 in revenue, how is the organization covering its operational deficit, and what is the long-term strategy for financial sustainability?
The organization is likely drawing from its substantial asset base to cover operational deficits, as indicated by the decrease in assets from $1,067,065 in 2023 to $892,691 in the current data. This trend is not sustainable without increased revenue or reduced expenses.
Filing History
IRS 990 filing history for Mountain Lake Fire Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mountain Lake Fire Company's revenue has grown by 39.9%, moving from $148K to $207K. Total assets increased by 8.1% over the same period, from $987K to $1.1M. Total functional expenses rose by 89%, from $168K to $317K. In its most recent filing year (2023), Mountain Lake Fire Company reported a deficit of $110K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $317K | $1.1M | $0 | — | View 990 |
| 2022 | $256K | $171K | $1.2M | $0 | — | View 990 |
| 2021 | $401K | $201K | $1.1M | $1K | — | View 990 |
| 2020 | $61K | $62K | $892K | $1K | — | View 990 |
| 2019 | $142K | $139K | $894K | $1K | — | View 990 |
| 2018 | $125K | $158K | $890K | $1K | — | View 990 |
| 2017 | $139K | $148K | $923K | $1K | — | — |
| 2016 | $125K | $119K | $933K | $1K | — | View 990 |
| 2015 | $120K | $137K | $926K | $1K | — | View 990 |
| 2014 | $134K | $120K | $943K | $1K | — | View 990 |
| 2013 | $100K | $148K | $928K | $0 | — | View 990 |
| 2012 | $191K | $133K | $977K | $0 | — | View 990 |
| 2011 | $148K | $168K | $987K | $69K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $317K, and assets of $1.1M (revenue -19.0% year-over-year).
- 2022: Revenue of $256K, expenses of $171K, and assets of $1.2M (revenue -36.3% year-over-year).
- 2021: Revenue of $401K, expenses of $201K, and assets of $1.1M (revenue +563.3% year-over-year).
- 2020: Revenue of $61K, expenses of $62K, and assets of $892K (revenue -57.5% year-over-year).
- 2019: Revenue of $142K, expenses of $139K, and assets of $894K (revenue +14.0% year-over-year).
- 2018: Revenue of $125K, expenses of $158K, and assets of $890K (revenue -9.9% year-over-year).
- 2017: Revenue of $139K, expenses of $148K, and assets of $923K (revenue +10.9% year-over-year).
- 2016: Revenue of $125K, expenses of $119K, and assets of $933K (revenue +4.0% year-over-year).
- 2015: Revenue of $120K, expenses of $137K, and assets of $926K (revenue -10.1% year-over-year).
- 2014: Revenue of $134K, expenses of $120K, and assets of $943K (revenue +34.2% year-over-year).
- 2013: Revenue of $100K, expenses of $148K, and assets of $928K (revenue -47.8% year-over-year).
- 2012: Revenue of $191K, expenses of $133K, and assets of $977K (revenue +28.8% year-over-year).
- 2011: Revenue of $148K, expenses of $168K, and assets of $987K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mountain Lake Fire Company:
Data Sources and Methodology
This transparency report for Mountain Lake Fire Company 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.