New Jersey State Firemens Association

New Jersey State Firemens Association shows consistent asset growth and no reported liabilities over a decade.

EIN: 216016542 · Oceanport, NJ · Updated: 2026-03-28

$364KRevenue

$1.2MAssets

85/100Mission Score (Excellent)

Is New Jersey State Firemens Association Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

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 80% 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: 216016542) is a nonprofit organization based in Oceanport, NJ. The organization reported total revenue of $364K and total assets of $1.2M 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.

AI Transparency Report

The New Jersey State Firemens Association demonstrates consistent financial growth and strong asset accumulation over the past decade. Revenue has steadily increased from $154,403 in 2014 to $217,701 in 2023, with a notable jump to $363,955 in the latest reported period. This growth is mirrored in their assets, which have more than doubled from $461,581 to $1,166,692 over the same timeframe, indicating sound financial management and an ability to build reserves. The organization consistently reports zero liabilities, which is a significant strength, suggesting excellent fiscal health and no reliance on debt.

Spending efficiency appears robust, as expenses have remained well below revenue, allowing for consistent asset growth. For example, in 2023, expenses were $141,383 against revenues of $217,701, leaving a substantial surplus. The absence of reported officer compensation across all filings indicates that leadership is likely volunteer-based, which can contribute to lower administrative costs and a higher proportion of funds directed towards the mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero liabilities and zero officer compensation across all available filings enhances trust. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a deeper analysis of how funds are allocated specifically to programs versus overhead. Further detail on program activities and their associated costs would improve overall transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Jersey State Firemens Association with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, New Jersey State Firemens Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is entirely volunteer-based, 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.

Red Flags

The following concerns were identified during AI analysis of New Jersey State Firemens Association's IRS 990 filings:

NTEE Code is unknown, limiting classification and comparative analysis.
Lack of detailed functional expense breakdown in provided data prevents precise program spending ratio calculation.

Strengths

The following positive indicators were identified for New Jersey State Firemens Association:

Consistent asset growth, more than doubling from $461,581 in 2014 to $1,166,692 currently.
Consistently reports zero liabilities across all filings, indicating strong financial health and no debt.
No reported officer compensation, suggesting volunteer leadership and efficient use of funds.
Revenue consistently exceeds expenses, leading to healthy surpluses and asset accumulation.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.

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: 216016542) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

How does New Jersey State Firemens Association spend its money?

New Jersey State Firemens Association directs 80% 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: 216016542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

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

The provided data does not detail specific programs. Further review of their full IRS 990 forms or organizational website would be necessary to understand their programmatic activities.

How does the organization manage to have zero liabilities consistently?

Consistently reporting zero liabilities indicates strong financial management, likely operating within their means and avoiding debt. This is a significant financial strength.

What is the source of the significant revenue increase in the latest reported period to $363,955?

The provided data shows a jump in 'Latest Revenue' to $363,955, while the 2023 period revenue was $217,701. This discrepancy suggests the 'Latest Revenue' might be from a more recent, unaudited period or includes other income not reflected in the 2023 filing. Further investigation into the specific filing period for the $363,955 figure would be needed.

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 59.9%, moving from $136K to $218K. Total assets increased by 194.3% over the same period, from $333K to $980K. Total functional expenses rose by 9.2%, from $130K to $141K. In its most recent filing year (2023), New Jersey State Firemens Association reported a surplus of $76K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$218K	$141K	$980K	$0	—	View 990
2022	$187K	$138K	$904K	$0	—	View 990
2021	$165K	$118K	$854K	$0	—	View 990
2020	$168K	$106K	$808K	$0	—	View 990
2019	$178K	$113K	$745K	$0	—	View 990
2018	$169K	$116K	$680K	$0	—	View 990
2017	$165K	$119K	$627K	$0	—	View 990
2016	$171K	$112K	$581K	$0	—	View 990
2015	$169K	$109K	$522K	$0	—	View 990
2014	$154K	$103K	$462K	$0	—	View 990
2013	$133K	$95K	$410K	$0	—	View 990
2012	$128K	$89K	$372K	$0	—	View 990
2011	$136K	$130K	$333K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $218K, expenses of $141K, and assets of $980K (revenue +16.1% year-over-year).
2022: Revenue of $187K, expenses of $138K, and assets of $904K (revenue +13.6% year-over-year).
2021: Revenue of $165K, expenses of $118K, and assets of $854K (revenue -2.1% year-over-year).
2020: Revenue of $168K, expenses of $106K, and assets of $808K (revenue -5.2% year-over-year).
2019: Revenue of $178K, expenses of $113K, and assets of $745K (revenue +5.0% year-over-year).
2018: Revenue of $169K, expenses of $116K, and assets of $680K (revenue +2.3% year-over-year).
2017: Revenue of $165K, expenses of $119K, and assets of $627K (revenue -3.4% year-over-year).
2016: Revenue of $171K, expenses of $112K, and assets of $581K (revenue +1.5% year-over-year).
2015: Revenue of $169K, expenses of $109K, and assets of $522K (revenue +9.2% year-over-year).
2014: Revenue of $154K, expenses of $103K, and assets of $462K (revenue +16.4% year-over-year).
2013: Revenue of $133K, expenses of $95K, and assets of $410K (revenue +3.9% year-over-year).
2012: Revenue of $128K, expenses of $89K, and assets of $372K (revenue -6.2% year-over-year).
2011: Revenue of $136K, expenses of $130K, and assets of $333K.

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.