Oldwick Fire Company Inc
Oldwick Fire Company: Consistent Operations, Limited Transparency
EIN: 222712009 · Oldwick, NJ · NTEE: M24 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $194K |
| Total Expenses | $162K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $2.1M |
| Transparency Score | 75/100 |
Is Oldwick Fire Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oldwick Fire Company Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oldwick Fire Company Inc
Oldwick Fire Company Inc (EIN: 222712009) is a nonprofit organization based in Oldwick, NJ, classified under NTEE code M24. The organization reported total revenue of $194K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oldwick Fire Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oldwick Fire Company Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $162K |
| Surplus / Deficit | $-1,637 |
| Total Assets | $2.2M |
| Total Liabilities | $119K |
| Net Assets | $2.1M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 165.1 months |
Financial Health Grade: B
In 2023, Oldwick Fire Company Inc reported a deficit of $2K with expenses exceeding revenue, holds 165.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oldwick Fire Company Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.7% | -1.3% | +1.7% |
| 2022 | -16.2% | -6.8% | -3.9% |
| 2021 | +13.7% | +27.3% | +6.9% |
| 2020 | +3.9% | -9.8% | -2.3% |
| 2019 | -18.4% | +0.4% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Oldwick Fire Company Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Oldwick Fire Company Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.3%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-run organization.
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 Oldwick Fire Company Inc's IRS 990 filings:
- Lack of detailed program spending information makes it difficult to assess the efficiency of resource allocation.
- The organization consistently reports 0% compensation, which, while positive for overhead, could also indicate a lack of formal structure for certain roles.
Strengths
The following positive indicators were identified for Oldwick Fire Company Inc:
- Consistently low expenses relative to revenue, demonstrating fiscal responsibility.
- Strong asset base, consistently over $2 million, providing financial stability.
- Volunteer-led model ensures that all funds are directed towards the mission rather than salaries.
Frequently Asked Questions about Oldwick Fire Company Inc
Is Oldwick Fire Company Inc a legitimate charity?
Oldwick Fire Company Inc (EIN: 222712009) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $194K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Oldwick Fire Company Inc spend its money?
Oldwick Fire Company Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Oldwick Fire Company Inc tax-deductible?
Oldwick Fire Company Inc is registered as a tax-exempt nonprofit (EIN: 222712009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oldwick Fire Company Inc CEO make?
Oldwick Fire Company Inc's highest-compensated officer earns $0 annually. The organization reported $194K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oldwick Fire Company Inc's spending goes to programs?
Oldwick Fire Company Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oldwick Fire Company Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Oldwick Fire Company Inc is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oldwick Fire Company Inc located?
Oldwick Fire Company Inc is headquartered in Oldwick, New Jersey and files with the IRS under EIN 222712009. It is classified under NTEE code M24.
How many years of IRS 990 filings does Oldwick Fire Company Inc have?
Oldwick Fire Company Inc has 13 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 $194K in total revenue.
What does Oldwick Fire Company Inc do?
Oldwick Fire Company Inc is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Oldwick, New Jersey. It is classified under NTEE code M24.
How much revenue does Oldwick Fire Company Inc have?
Oldwick Fire Company Inc reported total revenue of $193,953. Based on 13 IRS 990 filings on record.
What are Oldwick Fire Company Inc's total assets?
Oldwick Fire Company Inc holds total assets of $2,183,996 as reported in IRS 990 filings.
Where is Oldwick Fire Company Inc located?
Oldwick Fire Company Inc is based in Oldwick, New Jersey.
What is Oldwick Fire Company Inc's EIN?
Oldwick Fire Company Inc's Employer Identification Number (EIN) is 222712009. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Oldwick Fire Company Inc?
Oldwick Fire Company Inc is classified under NTEE code M24 (Public Safety & Disaster Preparedness).
Is Oldwick Fire Company Inc a registered 501(c)(3)?
Yes, Oldwick Fire Company Inc is recognized as a tax-exempt organization by the IRS. EIN: 222712009.
Does Oldwick Fire Company Inc file IRS Form 990?
Yes, Oldwick Fire Company Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Oldwick Fire Company Inc's revenue in 2023?
In the 202312 filing period, Oldwick Fire Company Inc reported total revenue of $160,525, total expenses of $162,162, and net assets of $2,231,329.
Is Oldwick Fire Company Inc's revenue growing or declining?
Oldwick Fire Company Inc's revenue is growing. Revenue went from $145,022 (202212) to $160,525 (202312), a +10.7% change. Based on 13 filings on record.
What is Oldwick Fire Company Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Oldwick Fire Company Inc covers tax period 202312. It shows revenue of $160,525, expenses of $162,162, total assets of $2,231,329, and liabilities of $118,933.
How much does Oldwick Fire Company Inc spend on programs vs administration?
Based on IRS 990 analysis, Oldwick Fire Company Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Oldwick Fire Company Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Oldwick Fire Company Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Oldwick Fire Company Inc?
The following concerns were identified: Lack of detailed program spending information makes it difficult to assess the efficiency of resource allocation.. The organization consistently reports 0% compensation, which, while positive for overhead, could also indicate a lack of formal structure for certain roles.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Oldwick Fire Company Inc's strengths?
Positive indicators for Oldwick Fire Company Inc include: Consistently low expenses relative to revenue, demonstrating fiscal responsibility.. Strong asset base, consistently over $2 million, providing financial stability.. Volunteer-led model ensures that all funds are directed towards the mission rather than salaries.. These findings are derived from AI analysis of the organization's financial filings.
How does Oldwick Fire Company Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-run organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations and maintain its asset base with consistently low revenue and expenses, and 0% compensation?
The organization appears to rely heavily on its existing asset base and community support, with the volunteer model significantly reducing operational overhead. The consistent asset level suggests effective management of existing resources and potentially other non-reported income streams or in-kind donations.
Filing History
IRS 990 filing history for Oldwick Fire Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oldwick Fire Company Inc's revenue has declined by 20.3%, moving from $201K to $161K. Total assets decreased by 8.6% over the same period, from $2.4M to $2.2M. Total functional expenses fell by 22.6%, from $210K to $162K. In its most recent filing year (2023), Oldwick Fire Company Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $119K in liabilities against $2.2M in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $162K | $2.2M | $119K | — | — |
| 2022 | $145K | $164K | $2.2M | $80K | — | View 990 |
| 2021 | $173K | $176K | $2.3M | $150K | — | View 990 |
| 2020 | $152K | $138K | $2.1M | $0 | — | — |
| 2019 | $147K | $154K | $2.2M | $65K | — | View 990 |
| 2018 | $180K | $153K | $2.2M | $98K | — | View 990 |
| 2017 | $160K | $180K | $2.2M | $131K | — | View 990 |
| 2016 | $172K | $182K | $2.3M | $165K | — | View 990 |
| 2015 | $139K | $168K | $2.3M | $198K | — | View 990 |
| 2014 | $150K | $172K | $2.4M | $231K | — | View 990 |
| 2013 | $224K | $156K | $2.4M | $265K | — | View 990 |
| 2012 | $171K | $165K | $2.4M | $298K | — | View 990 |
| 2011 | $201K | $210K | $2.4M | $331K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $162K, and assets of $2.2M (revenue +10.7% year-over-year).
- 2022: Revenue of $145K, expenses of $164K, and assets of $2.2M (revenue -16.2% year-over-year).
- 2021: Revenue of $173K, expenses of $176K, and assets of $2.3M (revenue +13.7% year-over-year).
- 2020: Revenue of $152K, expenses of $138K, and assets of $2.1M (revenue +3.9% year-over-year).
- 2019: Revenue of $147K, expenses of $154K, and assets of $2.2M (revenue -18.4% year-over-year).
- 2018: Revenue of $180K, expenses of $153K, and assets of $2.2M (revenue +12.1% year-over-year).
- 2017: Revenue of $160K, expenses of $180K, and assets of $2.2M (revenue -6.9% year-over-year).
- 2016: Revenue of $172K, expenses of $182K, and assets of $2.3M (revenue +24.0% year-over-year).
- 2015: Revenue of $139K, expenses of $168K, and assets of $2.3M (revenue -7.2% year-over-year).
- 2014: Revenue of $150K, expenses of $172K, and assets of $2.4M (revenue -33.1% year-over-year).
- 2013: Revenue of $224K, expenses of $156K, and assets of $2.4M (revenue +30.7% year-over-year).
- 2012: Revenue of $171K, expenses of $165K, and assets of $2.4M (revenue -14.8% year-over-year).
- 2011: Revenue of $201K, expenses of $210K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oldwick Fire Company Inc:
Data Sources and Methodology
This transparency report for Oldwick Fire Company 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.