New Jersey State Firemens Mutual Benevolent Association
EIN: 226046507 · Elizabeth, NJ
| Metric | Value |
|---|---|
| Total Revenue | $249K |
| Total Expenses | $276K |
| Net Assets | $278K |
Is New Jersey State Firemens Mutual Benevolent Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Jersey State Firemens Mutual Benevolent Association
New Jersey State Firemens Mutual Benevolent Association (EIN: 226046507) is a nonprofit organization based in Elizabeth, NJ. The organization reported total revenue of $249K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey State Firemens Mutual Benevolent Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey State Firemens Mutual Benevolent Association is a small nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $276K |
| Surplus / Deficit | +$22K |
| Total Assets | $278K |
| Net Assets | $278K |
| Operating Margin | 7.3% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, New Jersey State Firemens Mutual Benevolent Association reported a surplus of $22K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2010–2023), New Jersey State Firemens Mutual Benevolent Association's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | -1.2% | +8.4% |
| 2022 | +9.6% | +11.3% | +4.8% |
| 2021 | +4.7% | +1.3% | +44.9% |
| 2018 | -0.8% | -3.5% | -1.8% |
| 2017 | +12.2% | +2.5% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Jersey State Firemens Mutual Benevolent Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Jersey State Firemens Mutual Benevolent Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Frequently Asked Questions about New Jersey State Firemens Mutual Benevolent Association
Is New Jersey State Firemens Mutual Benevolent Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey State Firemens Mutual Benevolent Association (EIN: 226046507) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Jersey State Firemens Mutual Benevolent Association spend its money?
Detailed spending breakdown data is not yet available for New Jersey State Firemens Mutual Benevolent Association. Check back for updated IRS 990 analysis.
Are donations to New Jersey State Firemens Mutual Benevolent Association tax-deductible?
New Jersey State Firemens Mutual Benevolent Association is registered as a tax-exempt nonprofit (EIN: 226046507). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Jersey State Firemens Mutual Benevolent Association located?
New Jersey State Firemens Mutual Benevolent Association is headquartered in Elizabeth, New Jersey and files with the IRS under EIN 226046507.
How many years of IRS 990 filings does New Jersey State Firemens Mutual Benevolent Association have?
New Jersey State Firemens Mutual Benevolent Association has 12 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 $249K in total revenue.
Filing History
IRS 990 filing history for New Jersey State Firemens Mutual Benevolent Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), New Jersey State Firemens Mutual Benevolent Association's revenue has grown by 42.4%, moving from $209K to $298K. Total assets increased by 118.7% over the same period, from $127K to $278K. Total functional expenses rose by 75.7%, from $157K to $276K. In its most recent filing year (2023), New Jersey State Firemens Mutual Benevolent Association reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $298K | $276K | $278K | $0 | — | View 990 |
| 2022 | $291K | $279K | $256K | $0 | — | View 990 |
| 2021 | $266K | $251K | $244K | $0 | — | View 990 |
| 2018 | $254K | $248K | $169K | $0 | — | View 990 |
| 2017 | $256K | $257K | $172K | $9K | — | — |
| 2016 | $228K | $250K | $164K | $3K | — | View 990 |
| 2015 | $225K | $214K | $181K | $0 | — | View 990 |
| 2014 | $217K | $192K | $172K | $0 | — | View 990 |
| 2013 | $235K | $218K | $148K | $0 | — | View 990 |
| 2012 | $185K | $164K | $131K | $0 | — | View 990 |
| 2011 | $198K | $214K | $110K | $0 | — | View 990 |
| 2010 | $209K | $157K | $127K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $298K, expenses of $276K, and assets of $278K (revenue +2.3% year-over-year).
- 2022: Revenue of $291K, expenses of $279K, and assets of $256K (revenue +9.6% year-over-year).
- 2021: Revenue of $266K, expenses of $251K, and assets of $244K (revenue +4.7% year-over-year).
- 2018: Revenue of $254K, expenses of $248K, and assets of $169K (revenue -0.8% year-over-year).
- 2017: Revenue of $256K, expenses of $257K, and assets of $172K (revenue +12.2% year-over-year).
- 2016: Revenue of $228K, expenses of $250K, and assets of $164K (revenue +1.1% year-over-year).
- 2015: Revenue of $225K, expenses of $214K, and assets of $181K (revenue +3.9% year-over-year).
- 2014: Revenue of $217K, expenses of $192K, and assets of $172K (revenue -7.6% year-over-year).
- 2013: Revenue of $235K, expenses of $218K, and assets of $148K (revenue +27.2% year-over-year).
- 2012: Revenue of $185K, expenses of $164K, and assets of $131K (revenue -6.7% year-over-year).
- 2011: Revenue of $198K, expenses of $214K, and assets of $110K (revenue -5.4% year-over-year).
- 2010: Revenue of $209K, expenses of $157K, and assets of $127K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey State Firemens Mutual Benevolent Association:
Data Sources and Methodology
This transparency report for New Jersey State Firemens Mutual Benevolent 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.