New Jersey State Firemens Association

New Jersey State Firemens Association maintains strong assets and zero liabilities with volunteer leadership.

EIN: 216016940 · Hamilton, NJ · Updated: 2026-03-28

$198KRevenue

$737KAssets

80/100Mission Score (Excellent)

About New Jersey State Firemens Association

New Jersey State Firemens Association (EIN: 216016940) is a nonprofit organization based in Hamilton, NJ. The organization reported total revenue of $198K and total assets of $737K 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 stability with a healthy asset base relative to its annual revenue. For example, in 2023, assets stood at $747,667 against revenues of $146,574. The organization consistently reports zero liabilities, indicating a strong balance sheet and responsible financial management. While specific program spending details are not provided in the summary data, the absence of officer compensation across all reported periods suggests a volunteer-driven leadership, which can contribute to lower administrative costs and higher efficiency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a full assessment of spending efficiency is challenging. The significant fluctuation in revenue, such as $653,327 in 2021 compared to $146,574 in 2023, warrants further investigation to understand the underlying causes and sustainability of funding.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Jersey State Firemens Association with a Mission Score of 80 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is a significant strength for minimizing overhead.

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:

Significant year-over-year revenue volatility (e.g., $653,327 in 2021 vs. $146,574 in 2023) without clear explanation.
Lack of detailed expense breakdown in provided data to fully assess program efficiency.

Strengths

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

Consistent reporting of zero liabilities, indicating strong financial health.
No officer compensation reported, suggesting a volunteer-driven leadership and low administrative overhead.
Healthy asset base relative to annual expenses, providing financial stability (e.g., $747,667 assets vs. $141,741 expenses in 2023).

Frequently Asked Questions about New Jersey State Firemens Association

What caused the significant revenue spike in 2021 to $653,327, and how does it relate to the subsequent decline?

The provided data shows a substantial increase in revenue in 2021 to $653,327, followed by a return to lower levels in 2022 ($121,981) and 2023 ($146,574). Understanding the source of this spike (e.g., a specific grant, large donation, or event) and its non-recurrence is crucial for assessing future financial predictability.

What are the specific program activities funded by the association?

While the organization's name suggests a focus on firemen, the provided data does not detail the specific programs or services it provides. A clearer understanding of program activities would allow for a more thorough evaluation of its impact and alignment with its mission.

How does the organization manage its significant asset base of over $700,000?

With assets consistently over $700,000 in recent years (e.g., $747,667 in 2023), understanding the investment strategy and how these assets contribute to the organization's long-term sustainability and mission is important.

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 112.4%, moving from $69K to $147K. Total assets increased by 676.1% over the same period, from $96K to $748K. Total functional expenses rose by 158.8%, from $55K to $142K. In its most recent filing year (2023), New Jersey State Firemens Association reported a surplus of $5K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$147K	$142K	$748K	$0	—	View 990
2022	$122K	$142K	$742K	$0	—	View 990
2021	$653K	$128K	$761K	$0	—	View 990
2020	$60K	$44K	$236K	$0	—	View 990
2019	$77K	$67K	$220K	$0	—	View 990
2018	$94K	$70K	$210K	$0	—	View 990
2017	$65K	$56K	$186K	$0	—	View 990
2016	$89K	$63K	$177K	$0	—	View 990
2015	$82K	$60K	$152K	$0	—	View 990
2014	$65K	$58K	$130K	$509	—	View 990
2013	$78K	$67K	$123K	$175	—	View 990
2012	$81K	$66K	$111K	$0	—	View 990
2011	$69K	$55K	$96K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $147K, expenses of $142K, and assets of $748K (revenue +20.2% year-over-year).
2022: Revenue of $122K, expenses of $142K, and assets of $742K (revenue -81.3% year-over-year).
2021: Revenue of $653K, expenses of $128K, and assets of $761K (revenue +987.3% year-over-year).
2020: Revenue of $60K, expenses of $44K, and assets of $236K (revenue -21.6% year-over-year).
2019: Revenue of $77K, expenses of $67K, and assets of $220K (revenue -18.4% year-over-year).
2018: Revenue of $94K, expenses of $70K, and assets of $210K (revenue +45.4% year-over-year).
2017: Revenue of $65K, expenses of $56K, and assets of $186K (revenue -27.1% year-over-year).
2016: Revenue of $89K, expenses of $63K, and assets of $177K (revenue +7.5% year-over-year).
2015: Revenue of $82K, expenses of $60K, and assets of $152K (revenue +26.3% year-over-year).
2014: Revenue of $65K, expenses of $58K, and assets of $130K (revenue -16.8% year-over-year).
2013: Revenue of $78K, expenses of $67K, and assets of $123K (revenue -2.7% year-over-year).
2012: Revenue of $81K, expenses of $66K, and assets of $111K (revenue +16.9% year-over-year).
2011: Revenue of $69K, expenses of $55K, and assets of $96K.

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.