New Jersey State Firemens Association
New Jersey State Firemens Association consistently grows assets with no liabilities and zero officer compensation.
EIN: 216016402 · Forked River, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $116K |
| Program Spending | 85% |
| Net Assets | $744K |
| Transparency Score | 90/100 |
Is New Jersey State Firemens Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey State Firemens Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Jersey State Firemens Association
New Jersey State Firemens Association (EIN: 216016402) is a nonprofit organization based in Forked River, NJ. The organization reported total revenue of $158K and total assets of $771K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey State Firemens Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey State Firemens Association 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 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $116K |
| Surplus / Deficit | +$30K |
| Total Assets | $744K |
| Net Assets | $744K |
| Operating Margin | 20.8% |
| Months of Reserves | 77.2 months |
Financial Health Grade: A
In 2023, New Jersey State Firemens Association reported a surplus of $30K with revenue exceeding expenses, holds 77.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey State Firemens Association's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | +9.4% | +4.3% |
| 2022 | -5.9% | -23.7% | +5.9% |
| 2021 | +6.0% | +46.4% | +2.5% |
| 2020 | -12.6% | -13.0% | +8.5% |
| 2019 | +15.8% | +0.4% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 New Jersey State Firemens Association 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Jersey State Firemens Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive indicator for resource allocation.
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 Firemens Association:
- Consistent asset growth: Assets have grown from $369,773 in 2014 to $744,368 in 2023.
- Zero liabilities: The organization consistently reports $0 in liabilities, indicating strong financial stability.
- No officer compensation: 0% officer compensation across all filings suggests efficient use of funds.
- Consistent revenue generation: Annual revenues consistently exceed expenses, leading to healthy surpluses.
- Strong financial reserves: The steady increase in assets demonstrates the building of robust financial reserves.
Frequently Asked Questions about New Jersey State Firemens Association
Is New Jersey State Firemens Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey State Firemens Association (EIN: 216016402) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does New Jersey State Firemens Association spend its money?
New Jersey State Firemens Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Jersey State Firemens Association tax-deductible?
New Jersey State Firemens Association is registered as a tax-exempt nonprofit (EIN: 216016402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey State Firemens Association's spending goes to programs?
New Jersey State Firemens Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Jersey State Firemens Association located?
New Jersey State Firemens Association is headquartered in Forked River, New Jersey and files with the IRS under EIN 216016402.
How many years of IRS 990 filings does New Jersey State Firemens Association have?
New Jersey State Firemens Association 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 $158K in total revenue.
Is the New Jersey State Firemens Association a good charity?
Based on the provided financial data, the New Jersey State Firemens Association appears to be a very good charity. It consistently maintains a surplus, has zero liabilities, and has grown its assets significantly over the past decade (from $369,773 in 2014 to $744,368 in 2023). The absence of officer compensation also suggests a high dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have more than doubled from $369,773 in 2014 to $744,368 in 2023, while maintaining zero liabilities. Revenue has also shown consistent performance, generally staying above $140,000 in recent years, allowing for consistent surpluses.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no salaries or other forms of compensation are paid to its officers. This suggests a volunteer-driven leadership or that compensation is structured in a way that is not reported as officer compensation on the 990, which is generally a positive sign for efficiency.
Filing History
IRS 990 filing history for New Jersey State Firemens Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey State Firemens Association's revenue has grown by 55.8%, moving from $94K to $146K. Total assets increased by 185.7% over the same period, from $261K to $744K. Total functional expenses rose by 58.5%, from $73K to $116K. In its most recent filing year (2023), New Jersey State Firemens Association reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $116K | $744K | $0 | — | View 990 |
| 2022 | $146K | $106K | $714K | $0 | — | View 990 |
| 2021 | $155K | $139K | $674K | $0 | — | View 990 |
| 2020 | $146K | $95K | $658K | $0 | — | View 990 |
| 2019 | $167K | $109K | $606K | $0 | — | View 990 |
| 2018 | $144K | $108K | $548K | $0 | — | View 990 |
| 2017 | $148K | $101K | $512K | $0 | — | View 990 |
| 2016 | $163K | $102K | $465K | $0 | — | View 990 |
| 2015 | $123K | $89K | $404K | $0 | — | View 990 |
| 2014 | $121K | $80K | $370K | $0 | — | View 990 |
| 2013 | $110K | $70K | $329K | $0 | — | View 990 |
| 2012 | $82K | $55K | $288K | $0 | — | View 990 |
| 2011 | $94K | $73K | $261K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $146K, expenses of $116K, and assets of $744K (revenue +0.3% year-over-year).
- 2022: Revenue of $146K, expenses of $106K, and assets of $714K (revenue -5.9% year-over-year).
- 2021: Revenue of $155K, expenses of $139K, and assets of $674K (revenue +6.0% year-over-year).
- 2020: Revenue of $146K, expenses of $95K, and assets of $658K (revenue -12.6% year-over-year).
- 2019: Revenue of $167K, expenses of $109K, and assets of $606K (revenue +15.8% year-over-year).
- 2018: Revenue of $144K, expenses of $108K, and assets of $548K (revenue -2.3% year-over-year).
- 2017: Revenue of $148K, expenses of $101K, and assets of $512K (revenue -9.5% year-over-year).
- 2016: Revenue of $163K, expenses of $102K, and assets of $465K (revenue +33.2% year-over-year).
- 2015: Revenue of $123K, expenses of $89K, and assets of $404K (revenue +1.7% year-over-year).
- 2014: Revenue of $121K, expenses of $80K, and assets of $370K (revenue +9.2% year-over-year).
- 2013: Revenue of $110K, expenses of $70K, and assets of $329K (revenue +34.1% year-over-year).
- 2012: Revenue of $82K, expenses of $55K, and assets of $288K (revenue -12.3% year-over-year).
- 2011: Revenue of $94K, expenses of $73K, and assets of $261K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey State Firemens Association:
Data Sources and Methodology
This transparency report for New Jersey State Firemens 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.