Point Boro First Aid Squad Inc
Point Boro First Aid Squad: Consistent Revenue, Strong Assets, but Transparency Lacking
EIN: 222500120 · Bay Head, NJ · NTEE: E62 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $189K |
| Program Spending | 80% |
| Net Assets | $1.7M |
| Transparency Score | 75/100 |
Is Point Boro First Aid Squad Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Point Boro First Aid Squad Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Point Boro First Aid Squad Inc
Point Boro First Aid Squad Inc (EIN: 222500120) is a nonprofit organization based in Bay Head, NJ, classified under NTEE code E62. The organization reported total revenue of $200K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Point Boro First Aid Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Point Boro First Aid Squad Inc is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $189K |
| Surplus / Deficit | +$20K |
| Total Assets | $1.8M |
| Total Liabilities | $85K |
| Net Assets | $1.7M |
| Operating Margin | 9.4% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 113.9 months |
Financial Health Grade: A
In 2023, Point Boro First Aid Squad Inc reported a surplus of $20K with revenue exceeding expenses, holds 113.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Point Boro First Aid Squad Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +1.3% | +0.6% |
| 2022 | -28.3% | +16.5% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Point Boro First Aid Squad 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: 80%
- fundraising: 10%
According to IRS 990 filings, Point Boro First Aid Squad Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.8%.
Executive Compensation Analysis
Executive compensation is not disclosed in the provided filings, making it impossible to assess its reasonableness against the organization's revenue and assets.
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 Point Boro First Aid Squad Inc's IRS 990 filings:
- Lack of detailed executive compensation disclosure.
- Absence of clear program spending breakdown in available financial summaries.
- No readily available impact reports or detailed operational transparency beyond basic financials.
Strengths
The following positive indicators were identified for Point Boro First Aid Squad Inc:
- Consistent revenue streams over the past three years (e.g., $208,294 in 2023).
- Strong asset base, consistently above $1.7 million (e.g., $1,791,084 in 2023).
- Low liabilities relative to assets (e.g., $85,157 in 2023).
- Zero lobbying expenses reported, indicating focus on direct mission.
Frequently Asked Questions about Point Boro First Aid Squad Inc
Is Point Boro First Aid Squad Inc a legitimate charity?
Point Boro First Aid Squad Inc (EIN: 222500120) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 3 years of IRS 990 filings on record. Total revenue: $200K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Point Boro First Aid Squad Inc spend its money?
Point Boro First Aid Squad Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Point Boro First Aid Squad Inc tax-deductible?
Point Boro First Aid Squad Inc is registered as a tax-exempt nonprofit (EIN: 222500120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Point Boro First Aid Squad Inc's spending goes to programs?
Point Boro First Aid Squad Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Point Boro First Aid Squad Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Point Boro First Aid Squad Inc is above average for NTEE category E62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Point Boro First Aid Squad Inc located?
Point Boro First Aid Squad Inc is headquartered in Bay Head, New Jersey and files with the IRS under EIN 222500120. It is classified under NTEE code E62.
How many years of IRS 990 filings does Point Boro First Aid Squad Inc have?
Point Boro First Aid Squad Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $200K in total revenue.
What does Point Boro First Aid Squad Inc do?
Point Boro First Aid Squad Inc is a nonprofit organization in the Health Care sector, located in Bay Head, New Jersey. It is classified under NTEE code E62.
How much revenue does Point Boro First Aid Squad Inc have?
Point Boro First Aid Squad Inc reported total revenue of $199,721. Based on 3 IRS 990 filings on record.
What are Point Boro First Aid Squad Inc's total assets?
Point Boro First Aid Squad Inc holds total assets of $1,759,746 as reported in IRS 990 filings.
Where is Point Boro First Aid Squad Inc located?
Point Boro First Aid Squad Inc is based in Bay Head, New Jersey.
What is Point Boro First Aid Squad Inc's EIN?
Point Boro First Aid Squad Inc's Employer Identification Number (EIN) is 222500120. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Point Boro First Aid Squad Inc?
Point Boro First Aid Squad Inc is classified under NTEE code E62 (Health Care).
Is Point Boro First Aid Squad Inc a registered 501(c)(3)?
Yes, Point Boro First Aid Squad Inc is recognized as a tax-exempt organization by the IRS. EIN: 222500120.
Does Point Boro First Aid Squad Inc file IRS Form 990?
Yes, Point Boro First Aid Squad Inc has 3 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Point Boro First Aid Squad Inc's revenue in 2023?
In the 202312 filing period, Point Boro First Aid Squad Inc reported total revenue of $208,294, total expenses of $188,708, and net assets of $1,791,084.
Is Point Boro First Aid Squad Inc's revenue growing or declining?
Point Boro First Aid Squad Inc's revenue is growing. Revenue went from $173,250 (202212) to $208,294 (202312), a +20.2% change. Based on 3 filings on record.
What is Point Boro First Aid Squad Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Point Boro First Aid Squad Inc covers tax period 202312. It shows revenue of $208,294, expenses of $188,708, total assets of $1,791,084, and liabilities of $85,157.
How much does Point Boro First Aid Squad Inc spend on programs vs administration?
Based on IRS 990 analysis, Point Boro First Aid Squad Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Point Boro First Aid Squad Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Point Boro First Aid Squad Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 4 strengths noted.
What are the red flags for Point Boro First Aid Squad Inc?
The following concerns were identified: Lack of detailed executive compensation disclosure.. Absence of clear program spending breakdown in available financial summaries.. No readily available impact reports or detailed operational transparency beyond basic financials.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Point Boro First Aid Squad Inc's strengths?
Positive indicators for Point Boro First Aid Squad Inc include: Consistent revenue streams over the past three years (e.g., $208,294 in 2023).. Strong asset base, consistently above $1.7 million (e.g., $1,791,084 in 2023).. Low liabilities relative to assets (e.g., $85,157 in 2023).. Zero lobbying expenses reported, indicating focus on direct mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Point Boro First Aid Squad Inc compensate executives?
Executive compensation is not disclosed in the provided filings, making it impossible to assess its reasonableness against the organization's revenue and assets. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and substantial assets, what specific programs or services does Point Boro First Aid Squad Inc. primarily fund, and how are these expenditures categorized within their operational budget?
While the filings show total expenses (e.g., $188,708 in 2023), they do not provide a granular breakdown of how these funds are allocated specifically to programs, administration, or fundraising. This makes it difficult to assess the efficiency of their spending on their core mission.
Filing History
IRS 990 filing history for Point Boro First Aid Squad Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Point Boro First Aid Squad Inc's revenue has declined by 13.8%, moving from $242K to $208K. Total assets decreased by 3% over the same period, from $1.8M to $1.8M. Total functional expenses rose by 18%, from $160K to $189K. In its most recent filing year (2023), Point Boro First Aid Squad Inc reported a surplus of $20K, with revenue exceeding expenses. The organization holds $85K in liabilities against $1.8M in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $189K | $1.8M | $85K | — | — |
| 2022 | $173K | $186K | $1.8M | $95K | — | View 990 |
| 2021 | $242K | $160K | $1.8M | $149K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $189K, and assets of $1.8M (revenue +20.2% year-over-year).
- 2022: Revenue of $173K, expenses of $186K, and assets of $1.8M (revenue -28.3% year-over-year).
- 2021: Revenue of $242K, expenses of $160K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Point Boro First Aid Squad Inc:
Data Sources and Methodology
This transparency report for Point Boro First Aid Squad 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.