New Jersey State Firemens Association
New Jersey State Firemen's Association: Consistent Revenue, High Program Spending
EIN: 222087087 · Parsippany, NJ · Updated: 2026-04-04
About New Jersey State Firemens Association
New Jersey State Firemens Association (EIN: 222087087) is a nonprofit organization based in Parsippany, NJ. The organization reported total revenue of $492K and total assets of $3.0M 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
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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, New Jersey State Firemens Association allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, indicating either a volunteer-led organization or that compensation falls below reporting thresholds.
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:
- Lack of detailed expense breakdown beyond total expenses (x) makes it difficult to fully assess administrative and fundraising efficiency.
- The absence of reported liabilities and compensation could indicate a need for more granular financial disclosure for complete transparency.
Strengths
The following positive indicators were identified for New Jersey State Firemens Association:
- Consistent revenue generation over the past several years, with revenue ranging from $307,912 to $543,508.
- Significant growth in assets, nearly doubling from $1,318,435 in 2016 to $2,721,361 in 2023.
- The organization appears to operate with very low overhead given the absence of reported compensation and liabilities.
Frequently Asked Questions about New Jersey State Firemens Association
What does New Jersey State Firemens Association do?
New Jersey State Firemens Association is a nonprofit organization in the Unknown sector, located in Parsippany, 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 $492,394. Based on 13 IRS 990 filings on record.
What are New Jersey State Firemens Association's total assets?
New Jersey State Firemens Association holds total assets of $3,011,678 as reported in IRS 990 filings.
Where is New Jersey State Firemens Association located?
New Jersey State Firemens Association is based in Parsippany, New Jersey.
What is New Jersey State Firemens Association's EIN?
New Jersey State Firemens Association's Employer Identification Number (EIN) is 222087087. 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: 222087087). 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 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey State Firemens Association's revenue in 2023?
In the 202312 filing period, New Jersey State Firemens Association reported total revenue of $543,508, total expenses of $136,943, and net assets of $2,721,361.
Is New Jersey State Firemens Association's revenue growing or declining?
New Jersey State Firemens Association's revenue is growing. Revenue went from $431,900 (202212) to $543,508 (202312), a +25.8% change. Based on 13 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 202312. It shows revenue of $543,508, expenses of $136,943, total assets of $2,721,361, and liabilities of N/A.
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 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
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: Lack of detailed expense breakdown beyond total expenses (x) makes it difficult to fully assess administrative and fundraising efficiency.. The absence of reported liabilities and compensation could indicate a need for more granular financial disclosure for complete transparency.. 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 the past several years, with revenue ranging from $307,912 to $543,508.. Significant growth in assets, nearly doubling from $1,318,435 in 2016 to $2,721,361 in 2023.. The organization appears to operate with very low overhead given the absence of reported compensation and liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey State Firemens Association compensate executives?
Executive compensation is not reported in the provided data, indicating either a volunteer-led organization or that compensation falls below reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific programs or initiatives are primarily responsible for the organization's financial stability and expansion?
Without a detailed program breakdown, it's challenging to pinpoint specific drivers, but the consistent revenue suggests a stable funding base, likely from membership dues or state allocations, which are then effectively managed to grow assets.
How does the absence of reported compensation impact the organization's operational model and its ability to attract and retain leadership?
The lack of reported compensation suggests a volunteer-driven leadership or that compensation is below reporting thresholds. This model can foster dedication but might limit the ability to attract professional staff for complex roles without clear remuneration.
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 201.1%, moving from $180K to $544K. Total assets increased by 203.6% over the same period, from $896K to $2.7M. Total functional expenses fell by 36.7%, from $216K to $137K. In its most recent filing year (2023), New Jersey State Firemens Association reported a surplus of $407K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $544K | $137K | $2.7M | $0 | — | View 990 |
| 2022 | $432K | $116K | $2.3M | $0 | — | View 990 |
| 2021 | $441K | $144K | $2.0M | $0 | — | — |
| 2020 | $431K | $374K | $1.7M | $0 | — | — |
| 2019 | $445K | $343K | $1.6M | $0 | — | View 990 |
| 2018 | $308K | $244K | $1.5M | $0 | — | View 990 |
| 2017 | $475K | $315K | $1.5M | $0 | — | View 990 |
| 2016 | $446K | $314K | $1.3M | $0 | — | View 990 |
| 2015 | $379K | $278K | $0 | $0 | — | View 990 |
| 2014 | $254K | $216K | $1.1M | $0 | — | View 990 |
| 2013 | $268K | $209K | $1.0M | $0 | — | View 990 |
| 2012 | $305K | $213K | $988K | $0 | — | View 990 |
| 2011 | $180K | $216K | $896K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $544K, expenses of $137K, and assets of $2.7M (revenue +25.8% year-over-year).
- 2022: Revenue of $432K, expenses of $116K, and assets of $2.3M (revenue -2.0% year-over-year).
- 2021: Revenue of $441K, expenses of $144K, and assets of $2.0M (revenue +2.4% year-over-year).
- 2020: Revenue of $431K, expenses of $374K, and assets of $1.7M (revenue -3.3% year-over-year).
- 2019: Revenue of $445K, expenses of $343K, and assets of $1.6M (revenue +44.7% year-over-year).
- 2018: Revenue of $308K, expenses of $244K, and assets of $1.5M (revenue -35.1% year-over-year).
- 2017: Revenue of $475K, expenses of $315K, and assets of $1.5M (revenue +6.4% year-over-year).
- 2016: Revenue of $446K, expenses of $314K, and assets of $1.3M (revenue +17.9% year-over-year).
- 2015: Revenue of $379K, expenses of $278K, and assets of $0 (revenue +49.1% year-over-year).
- 2014: Revenue of $254K, expenses of $216K, and assets of $1.1M (revenue -5.2% year-over-year).
- 2013: Revenue of $268K, expenses of $209K, and assets of $1.0M (revenue -12.3% year-over-year).
- 2012: Revenue of $305K, expenses of $213K, and assets of $988K (revenue +69.2% year-over-year).
- 2011: Revenue of $180K, expenses of $216K, and assets of $896K.
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.