New Jersey State Firemens Association
New Jersey State Firemen's Association: Strong Reserves, High Administrative Costs
EIN: 221153991 · Wall Township, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $65.1M |
| Total Expenses | $56.3M |
| Program Spending | 60% |
| Net Assets | $51.9M |
| Transparency Score | 75/100 |
Is New Jersey State Firemens Association Legit?
Some Concerns
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 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About New Jersey State Firemens Association
New Jersey State Firemens Association (EIN: 221153991) is a nonprofit organization based in Wall Township, NJ. The organization reported total revenue of $65.1M and total assets of $49.2M 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.
Organization Overview
New Jersey State Firemens Association is a major nonprofit that has been operating for 47 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53.2M |
| Total Expenses | $56.3M |
| Surplus / Deficit | $-3,151,340 |
| Total Assets | $52.9M |
| Total Liabilities | $927K |
| Net Assets | $51.9M |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, New Jersey State Firemens Association reported a deficit of $3.2M with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), New Jersey State Firemens Association's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.7% | +11.2% | -5.3% |
| 2022 | +3.3% | +11.5% | -6.7% |
| 2021 | +10.8% | +11.7% | -6.9% |
| 2019 | +8.6% | +5.6% | -0.9% |
| 2018 | -0.6% | +6.6% | -2.9% |
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 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, New Jersey State Firemens Association allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Without specific compensation figures for key executives from their 990 filings, a detailed assessment of executive compensation is not possible.
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:
- High administrative expenses relative to program spending, especially considering the nature of the organization.
- Lack of detailed executive compensation information in the provided data makes it difficult to assess fairness and appropriateness.
Strengths
The following positive indicators were identified for New Jersey State Firemens Association:
- Consistent revenue generation over several years, indicating stable support.
- Significant asset base, suggesting financial stability and capacity for future operations.
- Low fundraising costs, indicating efficient donor acquisition or strong existing support.
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: 221153991) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does New Jersey State Firemens Association spend its money?
New Jersey State Firemens Association directs 60% 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: 221153991). 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 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is New Jersey State Firemens Association located?
New Jersey State Firemens Association is headquartered in Wall Township, New Jersey and files with the IRS under EIN 221153991.
How many years of IRS 990 filings does New Jersey State Firemens Association have?
New Jersey State Firemens Association has 11 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 $65.1M in total revenue.
What does New Jersey State Firemens Association do?
New Jersey State Firemens Association is a nonprofit organization in the Unknown sector, located in Wall Township, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey State Firemens Association have?
New Jersey State Firemens Association reported total revenue of $65,074,793. Based on 11 IRS 990 filings on record.
What are New Jersey State Firemens Association's total assets?
New Jersey State Firemens Association holds total assets of $49,205,798 as reported in IRS 990 filings.
Where is New Jersey State Firemens Association located?
New Jersey State Firemens Association is based in Wall Township, New Jersey.
What is New Jersey State Firemens Association's EIN?
New Jersey State Firemens Association's Employer Identification Number (EIN) is 221153991. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey State Firemens Association?
New Jersey State Firemens Association is classified under NTEE code Unknown (Unknown).
Is New Jersey State Firemens Association a registered 501(c)(3)?
New Jersey State Firemens Association appears in IRS records (EIN: 221153991). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey State Firemens Association file IRS Form 990?
Yes, New Jersey State Firemens Association has 11 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was New Jersey State Firemens Association's revenue in 2023?
In the 202306 filing period, New Jersey State Firemens Association reported total revenue of $53,176,288, total expenses of $56,327,628, and net assets of $52,851,568.
Is New Jersey State Firemens Association's revenue growing or declining?
New Jersey State Firemens Association's revenue is growing. Revenue went from $45,965,795 (202206) to $53,176,288 (202306), a +15.7% change. Based on 11 filings on record.
What is New Jersey State Firemens Association's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey State Firemens Association covers tax period 202306. It shows revenue of $53,176,288, expenses of $56,327,628, total assets of $52,851,568, and liabilities of $926,825.
How much does New Jersey State Firemens Association spend on programs vs administration?
Based on IRS 990 analysis, New Jersey State Firemens Association allocates approximately 60% of expenses to program services, 30% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is New Jersey State Firemens Association a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey State Firemens Association appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for New Jersey State Firemens Association?
The following concerns were identified: High administrative expenses relative to program spending, especially considering the nature of the organization.. Lack of detailed executive compensation information in the provided data makes it difficult to assess fairness and appropriateness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey State Firemens Association's strengths?
Positive indicators for New Jersey State Firemens Association include: Consistent revenue generation over several years, indicating stable support.. Significant asset base, suggesting financial stability and capacity for future operations.. Low fundraising costs, indicating efficient donor acquisition or strong existing support.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey State Firemens Association compensate executives?
Without specific compensation figures for key executives from their 990 filings, a detailed assessment of executive compensation is not possible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' in the financial data, what does this represent and how does it impact the overall financial health assessment?
The 'c0%' likely represents 'compensation' or 'contributions' and if it's compensation, a 0% figure for executive compensation would be highly unusual and warrants further investigation into the full 990 forms to understand how executive salaries are reported or if they are paid by a related entity.
How does the substantial asset base of $52,851,568 (2023) compare to its annual expenses, and what does this imply about its long-term financial strategy?
With assets of $52,851,568 and expenses of $56,327,628 in 2023, the organization has a strong reserve, indicating a robust financial position that can weather fluctuations in revenue or support long-term initiatives, though expenses slightly exceeded revenue in that year.
Filing History
IRS 990 filing history for New Jersey State Firemens Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), New Jersey State Firemens Association's revenue has grown by 65.3%, moving from $32.2M to $53.2M. Total assets decreased by 5.4% over the same period, from $55.9M to $52.9M. Total functional expenses rose by 86.2%, from $30.3M to $56.3M. In its most recent filing year (2023), New Jersey State Firemens Association reported a deficit of $3.2M, with expenses exceeding revenue. The organization holds $927K in liabilities against $52.9M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $51.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53.2M | $56.3M | $52.9M | $927K | — | — |
| 2022 | $46.0M | $50.7M | $55.8M | $718K | — | View 990 |
| 2021 | $44.5M | $45.5M | $59.8M | $9K | — | View 990 |
| 2019 | $40.1M | $40.7M | $64.3M | $13K | — | View 990 |
| 2018 | $37.0M | $38.5M | $64.8M | $13K | — | View 990 |
| 2017 | $37.2M | $36.2M | $66.7M | $332K | — | View 990 |
| 2016 | $38.3M | $36.8M | $65.5M | $158K | — | View 990 |
| 2014 | $37.4M | $35.0M | $62.3M | $86K | — | View 990 |
| 2013 | $33.9M | $32.3M | $59.9M | $85K | — | View 990 |
| 2012 | $32.8M | $30.4M | $58.3M | $81K | — | View 990 |
| 2011 | $32.2M | $30.3M | $55.9M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53.2M, expenses of $56.3M, and assets of $52.9M (revenue +15.7% year-over-year).
- 2022: Revenue of $46.0M, expenses of $50.7M, and assets of $55.8M (revenue +3.3% year-over-year).
- 2021: Revenue of $44.5M, expenses of $45.5M, and assets of $59.8M (revenue +10.8% year-over-year).
- 2019: Revenue of $40.1M, expenses of $40.7M, and assets of $64.3M (revenue +8.6% year-over-year).
- 2018: Revenue of $37.0M, expenses of $38.5M, and assets of $64.8M (revenue -0.6% year-over-year).
- 2017: Revenue of $37.2M, expenses of $36.2M, and assets of $66.7M (revenue -2.9% year-over-year).
- 2016: Revenue of $38.3M, expenses of $36.8M, and assets of $65.5M (revenue +2.3% year-over-year).
- 2014: Revenue of $37.4M, expenses of $35.0M, and assets of $62.3M (revenue +10.5% year-over-year).
- 2013: Revenue of $33.9M, expenses of $32.3M, and assets of $59.9M (revenue +3.2% year-over-year).
- 2012: Revenue of $32.8M, expenses of $30.4M, and assets of $58.3M (revenue +2.0% year-over-year).
- 2011: Revenue of $32.2M, expenses of $30.3M, and assets of $55.9M.
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.