Navesink Hook & Ladder Co 1
EIN: 223483607 · Navesink, NJ · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $282K |
| Total Expenses | $226K |
| Net Assets | $452K |
Is Navesink Hook & Ladder Co 1 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Navesink Hook & Ladder Co 1
Navesink Hook & Ladder Co 1 (EIN: 223483607) is a nonprofit organization based in Navesink, NJ, classified under NTEE code M24. The organization reported total revenue of $282K and total assets of $483K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Navesink Hook & Ladder Co 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Navesink Hook & Ladder Co 1 is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $297K |
| Total Expenses | $226K |
| Surplus / Deficit | +$71K |
| Total Assets | $452K |
| Net Assets | $452K |
| Operating Margin | 23.8% |
| Months of Reserves | 23.9 months |
Financial Health Grade: A
In 2023, Navesink Hook & Ladder Co 1 reported a surplus of $71K with revenue exceeding expenses, holds 23.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Navesink Hook & Ladder Co 1's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.4% | -42.5% | +18.5% |
| 2022 | -0.5% | +27.6% | -19.7% |
| 2021 | +126.1% | +99.0% | +27.4% |
| 2020 | -17.8% | -8.2% | -1.6% |
| 2019 | +3.4% | -12.3% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Navesink Hook & Ladder Co 1 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Navesink Hook & Ladder Co 1 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $71K, with revenue exceeding expenses.
Frequently Asked Questions about Navesink Hook & Ladder Co 1
Is Navesink Hook & Ladder Co 1 a legitimate charity?
Navesink Hook & Ladder Co 1 (EIN: 223483607) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $282K. No red flags identified. Financial health grade: A.
How does Navesink Hook & Ladder Co 1 spend its money?
Navesink Hook & Ladder Co 1 reported $282K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Navesink Hook & Ladder Co 1 tax-deductible?
Navesink Hook & Ladder Co 1 is registered as a tax-exempt nonprofit (EIN: 223483607). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Navesink Hook & Ladder Co 1 located?
Navesink Hook & Ladder Co 1 is headquartered in Navesink, New Jersey and files with the IRS under EIN 223483607. It is classified under NTEE code M24.
How many years of IRS 990 filings does Navesink Hook & Ladder Co 1 have?
Navesink Hook & Ladder Co 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 $282K in total revenue.
Filing History
IRS 990 filing history for Navesink Hook & Ladder Co 1 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Navesink Hook & Ladder Co 1's revenue has grown by 75.4%, moving from $169K to $297K. Total assets increased by 100.1% over the same period, from $226K to $452K. Total functional expenses rose by 68%, from $135K to $226K. In its most recent filing year (2023), Navesink Hook & Ladder Co 1 reported a surplus of $71K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $297K | $226K | $452K | $0 | — | — |
| 2022 | $409K | $394K | $381K | $0 | — | View 990 |
| 2021 | $411K | $309K | $475K | $0 | — | View 990 |
| 2020 | $182K | $155K | $373K | $0 | — | View 990 |
| 2019 | $221K | $169K | $379K | $32K | — | View 990 |
| 2018 | $214K | $193K | $355K | $61K | — | View 990 |
| 2017 | $200K | $255K | $366K | $93K | — | View 990 |
| 2016 | $145K | $166K | $327K | $0 | — | View 990 |
| 2015 | $223K | $187K | $348K | $0 | — | View 990 |
| 2014 | $172K | $148K | $312K | $0 | — | View 990 |
| 2013 | $142K | $115K | $287K | $0 | — | View 990 |
| 2012 | $160K | $124K | $262K | $800 | — | View 990 |
| 2011 | $169K | $135K | $226K | $800 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $297K, expenses of $226K, and assets of $452K (revenue -27.4% year-over-year).
- 2022: Revenue of $409K, expenses of $394K, and assets of $381K (revenue -0.5% year-over-year).
- 2021: Revenue of $411K, expenses of $309K, and assets of $475K (revenue +126.1% year-over-year).
- 2020: Revenue of $182K, expenses of $155K, and assets of $373K (revenue -17.8% year-over-year).
- 2019: Revenue of $221K, expenses of $169K, and assets of $379K (revenue +3.4% year-over-year).
- 2018: Revenue of $214K, expenses of $193K, and assets of $355K (revenue +6.8% year-over-year).
- 2017: Revenue of $200K, expenses of $255K, and assets of $366K (revenue +37.9% year-over-year).
- 2016: Revenue of $145K, expenses of $166K, and assets of $327K (revenue -35.0% year-over-year).
- 2015: Revenue of $223K, expenses of $187K, and assets of $348K (revenue +29.6% year-over-year).
- 2014: Revenue of $172K, expenses of $148K, and assets of $312K (revenue +21.4% year-over-year).
- 2013: Revenue of $142K, expenses of $115K, and assets of $287K (revenue -11.2% year-over-year).
- 2012: Revenue of $160K, expenses of $124K, and assets of $262K (revenue -5.5% year-over-year).
- 2011: Revenue of $169K, expenses of $135K, and assets of $226K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Navesink Hook & Ladder Co 1:
Data Sources and Methodology
This transparency report for Navesink Hook & Ladder 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.