New Jersey State Firemans Association

New Jersey State Firemans Association maintains robust asset growth with exceptionally low expenses and no executive compensation.

EIN: 210744794 · Pt Pleasant, NJ · Updated: 2026-03-28

$165KRevenue

$881KAssets

92/100Mission Score (Excellent)

About New Jersey State Firemans Association

New Jersey State Firemans Association (EIN: 210744794) is a nonprofit organization based in Pt Pleasant, NJ. The organization reported total revenue of $165K and total assets of $881K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey State Firemans Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The New Jersey State Firemans Association demonstrates strong financial health with consistently growing assets and very low expenses relative to its revenue. Over the past five years, assets have grown from $660,816 in 2019 to $777,179 in 2023, indicating sound financial management and accumulation of resources. The organization's expenses have remained remarkably low, often less than 20% of its revenue, which suggests highly efficient operations. For instance, in 2023, expenses were only $11,889 against a revenue of $80,164.

The organization's transparency appears high given the availability of its IRS 990 filings, which consistently report zero liabilities and zero officer compensation. This indicates a volunteer-driven model and a clear financial picture. The very low expense ratios across multiple years, such as 2020 where expenses were $7,219 against $71,705 in revenue, further underscore its operational efficiency and commitment to maximizing resources for its mission, whatever that may be given the lack of NTEE code details.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Jersey State Firemans Association with a Mission Score of 92 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: 95%
fundraising: 0%

According to IRS 990 filings, New Jersey State Firemans Association allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 a volunteer-led organization. This is highly commendable and suggests that all revenue is directed towards the organization's mission and operational costs, which are minimal.

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 New Jersey State Firemans Association:

Exceptional financial efficiency with very low expense ratios (e.g., 2023 expenses were only 14.8% of revenue).
Consistent and healthy asset growth, increasing from $660,816 in 2019 to $777,179 in 2023.
Zero reported executive compensation, indicating a volunteer-driven model and maximizing resources for the mission.
No reported liabilities across all available filings, demonstrating strong financial stability.
Consistent revenue generation over recent years, suggesting stable funding.

Frequently Asked Questions about New Jersey State Firemans Association

What specific programs does the New Jersey State Firemans Association fund or operate?

The provided data from the IRS 990 filings does not detail specific program activities. However, the very low expenses and consistent asset growth suggest a focus on long-term stability and potentially a grant-making or support role for firemen, rather than direct service delivery with high operational costs.

How does the organization manage to operate with such low expenses?

The organization likely relies heavily on volunteer efforts and has minimal overhead costs. The consistent reporting of $0 officer compensation supports the volunteer-driven model, allowing a significant portion of revenue to be retained as assets rather than spent on salaries or extensive administrative functions.

What is the source of the organization's revenue?

The IRS 990 data indicates consistent revenue generation, such as $80,164 in 2023 and $76,685 in 2022. Without further detail from the filings, the specific sources (e.g., donations, investments, membership dues) are not explicitly stated, but the consistent nature suggests stable funding streams.

Filing History

IRS 990 filing history for New Jersey State Firemans Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Jersey State Firemans Association's revenue has grown by 4.6%, moving from $77K to $80K. Total assets increased by 22.7% over the same period, from $633K to $777K. Total functional expenses fell by 46.4%, from $22K to $12K. In its most recent filing year (2023), New Jersey State Firemans Association reported a surplus of $68K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$80K	$12K	$777K	$0	—	View 990
2022	$77K	$12K	$728K	$0	—	View 990
2021	$68K	$12K	$715K	$0	—	View 990
2020	$72K	$7K	$694K	$0	—	—
2019	$69K	$18K	$661K	$0	—	View 990
2018	$60K	$25	$642K	$0	—	View 990
2017	$0	$25	$616K	$0	—	View 990
2016	$0	$25	$599K	$0	—	View 990
2015	$0	$25	$595K	$0	—	View 990
2014	$0	$0	$0	$0	—	View 990
2013	$59K	$39K	$575K	$0	—	View 990
2012	$53K	$79K	$580K	$0	—	View 990
2011	$77K	$22K	$633K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $80K, expenses of $12K, and assets of $777K (revenue +4.5% year-over-year).
2022: Revenue of $77K, expenses of $12K, and assets of $728K (revenue +13.4% year-over-year).
2021: Revenue of $68K, expenses of $12K, and assets of $715K (revenue -5.7% year-over-year).
2020: Revenue of $72K, expenses of $7K, and assets of $694K (revenue +3.5% year-over-year).
2019: Revenue of $69K, expenses of $18K, and assets of $661K (revenue +15.3% year-over-year).
2018: Revenue of $60K, expenses of $25, and assets of $642K.
2017: Revenue of $0, expenses of $25, and assets of $616K.
2016: Revenue of $0, expenses of $25, and assets of $599K.
2015: Revenue of $0, expenses of $25, and assets of $595K.
2014: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
2013: Revenue of $59K, expenses of $39K, and assets of $575K (revenue +11.5% year-over-year).
2012: Revenue of $53K, expenses of $79K, and assets of $580K (revenue -30.5% year-over-year).
2011: Revenue of $77K, expenses of $22K, and assets of $633K.

Data Sources and Methodology

This transparency report for New Jersey State Firemans Association 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.