North Centtreville Volunteer Fireman S Association No 1 Inc

About North Centtreville Volunteer Fireman S Association No 1 Inc

North Centtreville Volunteer Fireman S Association No 1 Inc (EIN: 222000695) is a nonprofit organization based in Hazlet, NJ. The organization reported total revenue of $258K and total assets of $758K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Centtreville Volunteer Fireman S Association No 1 Inc'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 North Centtreville Volunteer Fireman S Association No 1 Inc with a Mission Score of 60 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: 40%
• fundraising: 30%

According to IRS 990 filings, North Centtreville Volunteer Fireman S Association No 1 Inc allocates its expenses as follows: admin: 30%, programs: 40%, fundraising: 30%. Only 40% is directed toward programs, which may warrant further investigation by donors.

Executive Compensation Analysis

Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization with no paid executives.

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 North Centtreville Volunteer Fireman S Association No 1 Inc's IRS 990 filings:

• A significant portion of expenses (e.g., $136,524 in 2023) is not clearly allocated to specific program activities in the provided data, making it difficult to assess program efficiency.
• The organization's net assets have grown steadily from $459,341 in 2016 to $757,433 in 2023, but the corresponding program output is not detailed.

Strengths

The following positive indicators were identified for North Centtreville Volunteer Fireman S Association No 1 Inc:

• Consistent reporting of $0 executive compensation demonstrates a strong commitment to volunteerism at the leadership level.
• The organization maintains a healthy asset base, with assets consistently exceeding liabilities, indicating financial stability.
• Despite revenue fluctuations, the organization has consistently managed its expenses, showing fiscal prudence.

Frequently Asked Questions about North Centtreville Volunteer Fireman S Association No 1 Inc

Filing History

IRS 990 filing history for North Centtreville Volunteer Fireman S Association No 1 Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), North Centtreville Volunteer Fireman S Association No 1 Inc's revenue has grown by 71.7%, moving from $107K to $184K. Total assets increased by 91.2% over the same period, from $396K to $757K. Total functional expenses rose by 0.6%, from $136K to $137K. In its most recent filing year (2023), North Centtreville Volunteer Fireman S Association No 1 Inc reported a surplus of $47K, with revenue exceeding expenses. The organization holds $40K in liabilities against $757K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $717K.

Year-by-Year Financial Summary

• 2023: Revenue of $184K, expenses of $137K, and assets of $757K (revenue -33.3% year-over-year).
• 2022: Revenue of $276K, expenses of $134K, and assets of $720K (revenue +138.1% year-over-year).
• 2021: Revenue of $116K, expenses of $106K, and assets of $588K (revenue +10.2% year-over-year).
• 2020: Revenue of $105K, expenses of $102K, and assets of $589K (revenue -24.0% year-over-year).
• 2019: Revenue of $138K, expenses of $137K, and assets of $595K (revenue -9.3% year-over-year).
• 2018: Revenue of $152K, expenses of $130K, and assets of $608K (revenue +10.4% year-over-year).
• 2017: Revenue of $138K, expenses of $106K, and assets of $594K (revenue +3.3% year-over-year).
• 2016: Revenue of $134K, expenses of $108K, and assets of $459K (revenue -6.1% year-over-year).
• 2015: Revenue of $142K, expenses of $121K, and assets of $434K (revenue -4.9% year-over-year).
• 2014: Revenue of $150K, expenses of $154K, and assets of $414K (revenue -8.9% year-over-year).
• 2013: Revenue of $164K, expenses of $153K, and assets of $418K (revenue +33.3% year-over-year).
• 2012: Revenue of $123K, expenses of $113K, and assets of $407K (revenue +15.0% year-over-year).
• 2011: Revenue of $107K, expenses of $136K, and assets of $396K.

Data Sources and Methodology

This transparency report for North Centtreville Volunteer Fireman S Association No 1 Inc 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.