Newark Firemans Union Of New Jersey
EIN: 226018084 · Newark, NJ · NTEE: J40
| Metric | Value |
|---|---|
| Total Revenue | $625K |
| Total Expenses | $520K |
| Net Assets | $678K |
Is Newark Firemans Union Of New Jersey Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Newark Firemans Union Of New Jersey
Newark Firemans Union Of New Jersey (EIN: 226018084) is a nonprofit organization based in Newark, NJ, classified under NTEE code J40. The organization reported total revenue of $625K and total assets of $738K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newark Firemans Union Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newark Firemans Union Of New Jersey is a small nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $504K |
| Total Expenses | $520K |
| Surplus / Deficit | $-16,003 |
| Total Assets | $790K |
| Total Liabilities | $112K |
| Net Assets | $678K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 18.2 months |
Financial Health Grade: B
In 2024, Newark Firemans Union Of New Jersey reported a deficit of $16K with expenses exceeding revenue, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Newark Firemans Union Of New Jersey's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -15.3% | -6.4% | -3.9% |
| 2023 | +26.9% | +1.7% | +8.6% |
| 2022 | -2.1% | +33.7% | -10.1% |
| 2021 | +2.8% | +13.2% | +8.0% |
| 2020 | +8.2% | -1.2% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Newark Firemans Union Of New Jersey 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 Newark Firemans Union Of New Jersey 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.2%.
Frequently Asked Questions about Newark Firemans Union Of New Jersey
Is Newark Firemans Union Of New Jersey a legitimate charity?
Newark Firemans Union Of New Jersey (EIN: 226018084) is a registered tax-exempt nonprofit based in New Jersey. It has 14 years of IRS 990 filings on record. Total revenue: $625K. No red flags identified. Financial health grade: B.
How does Newark Firemans Union Of New Jersey spend its money?
Newark Firemans Union Of New Jersey reported $625K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Newark Firemans Union Of New Jersey tax-deductible?
Newark Firemans Union Of New Jersey is registered as a tax-exempt nonprofit (EIN: 226018084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Newark Firemans Union Of New Jersey located?
Newark Firemans Union Of New Jersey is headquartered in Newark, New Jersey and files with the IRS under EIN 226018084. It is classified under NTEE code J40.
How many years of IRS 990 filings does Newark Firemans Union Of New Jersey have?
Newark Firemans Union Of New Jersey has 14 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 $625K in total revenue.
Filing History
IRS 990 filing history for Newark Firemans Union Of New Jersey showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Newark Firemans Union Of New Jersey's revenue has grown by 16.3%, moving from $433K to $504K. Total assets increased by 81.2% over the same period, from $436K to $790K. Total functional expenses rose by 6.2%, from $490K to $520K. In its most recent filing year (2024), Newark Firemans Union Of New Jersey reported a deficit of $16K, with expenses exceeding revenue. The organization holds $112K in liabilities against $790K in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $678K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $504K | $520K | $790K | $112K | — | — |
| 2023 | $595K | $556K | $822K | $128K | — | View 990 |
| 2022 | $469K | $546K | $757K | $102K | — | View 990 |
| 2021 | $479K | $408K | $843K | $111K | — | — |
| 2020 | $466K | $361K | $780K | $119K | — | — |
| 2019 | $431K | $365K | $682K | $127K | — | View 990 |
| 2018 | $469K | $481K | $623K | $133K | — | View 990 |
| 2017 | $445K | $429K | $648K | $146K | — | View 990 |
| 2016 | $446K | $402K | $547K | $60K | — | View 990 |
| 2015 | $445K | $430K | $525K | $82K | — | View 990 |
| 2014 | $423K | $395K | $434K | $6K | — | View 990 |
| 2013 | $403K | $425K | $401K | $747 | — | View 990 |
| 2012 | $384K | $397K | $423K | $638 | — | View 990 |
| 2011 | $433K | $490K | $436K | $640 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $504K, expenses of $520K, and assets of $790K (revenue -15.3% year-over-year).
- 2023: Revenue of $595K, expenses of $556K, and assets of $822K (revenue +26.9% year-over-year).
- 2022: Revenue of $469K, expenses of $546K, and assets of $757K (revenue -2.1% year-over-year).
- 2021: Revenue of $479K, expenses of $408K, and assets of $843K (revenue +2.8% year-over-year).
- 2020: Revenue of $466K, expenses of $361K, and assets of $780K (revenue +8.2% year-over-year).
- 2019: Revenue of $431K, expenses of $365K, and assets of $682K (revenue -8.1% year-over-year).
- 2018: Revenue of $469K, expenses of $481K, and assets of $623K (revenue +5.5% year-over-year).
- 2017: Revenue of $445K, expenses of $429K, and assets of $648K (revenue -0.3% year-over-year).
- 2016: Revenue of $446K, expenses of $402K, and assets of $547K (revenue +0.2% year-over-year).
- 2015: Revenue of $445K, expenses of $430K, and assets of $525K (revenue +5.1% year-over-year).
- 2014: Revenue of $423K, expenses of $395K, and assets of $434K (revenue +5.1% year-over-year).
- 2013: Revenue of $403K, expenses of $425K, and assets of $401K (revenue +4.9% year-over-year).
- 2012: Revenue of $384K, expenses of $397K, and assets of $423K (revenue -11.5% year-over-year).
- 2011: Revenue of $433K, expenses of $490K, and assets of $436K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newark Firemans Union Of New Jersey:
Data Sources and Methodology
This transparency report for Newark Firemans Union Of New Jersey 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.