Port Reading First Aid Squad Inc
EIN: 237113915 · Port Reading, NJ
| Metric | Value |
|---|---|
| Total Revenue | $725K |
| Total Expenses | $628K |
| Net Assets | $384K |
Is Port Reading First Aid Squad Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Port Reading First Aid Squad Inc
Port Reading First Aid Squad Inc (EIN: 237113915) is a nonprofit organization based in Port Reading, NJ. The organization reported total revenue of $725K and total assets of $503K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Reading First Aid Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port Reading First Aid Squad Inc is a small nonprofit that has been operating for 55 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $767K |
| Total Expenses | $628K |
| Surplus / Deficit | +$139K |
| Total Assets | $384K |
| Net Assets | $384K |
| Operating Margin | 18.1% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Port Reading First Aid Squad Inc reported a surplus of $139K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Port Reading First Aid Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.0% | +17.3% | +56.4% |
| 2022 | +34.6% | +9.8% | +79.5% |
| 2021 | +3.4% | +6.5% | -6.0% |
| 2020 | +10.2% | +7.5% | +3.8% |
| 2019 | +18.7% | +15.3% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Port Reading First Aid Squad Inc 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 Port Reading First Aid Squad Inc 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 $139K, with revenue exceeding expenses.
Frequently Asked Questions about Port Reading First Aid Squad Inc
Is Port Reading First Aid Squad Inc a legitimate charity?
Port Reading First Aid Squad Inc (EIN: 237113915) is a registered tax-exempt nonprofit based in New Jersey. It has 12 years of IRS 990 filings on record. Total revenue: $725K. No red flags identified. Financial health grade: A.
How does Port Reading First Aid Squad Inc spend its money?
Port Reading First Aid Squad Inc reported $725K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Port Reading First Aid Squad Inc tax-deductible?
Port Reading First Aid Squad Inc is registered as a tax-exempt nonprofit (EIN: 237113915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Port Reading First Aid Squad Inc located?
Port Reading First Aid Squad Inc is headquartered in Port Reading, New Jersey and files with the IRS under EIN 237113915.
How many years of IRS 990 filings does Port Reading First Aid Squad Inc have?
Port Reading First Aid Squad Inc 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 $725K in total revenue.
Filing History
IRS 990 filing history for Port Reading First Aid Squad Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Port Reading First Aid Squad Inc's revenue has grown by 822.9%, moving from $83K to $767K. Total assets increased by 347.5% over the same period, from $86K to $384K. Total functional expenses rose by 301.7%, from $156K to $628K. In its most recent filing year (2023), Port Reading First Aid Squad Inc reported a surplus of $139K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $767K | $628K | $384K | $0 | — | View 990 |
| 2022 | $645K | $536K | $246K | $0 | — | View 990 |
| 2021 | $479K | $488K | $137K | $154 | — | — |
| 2020 | $463K | $458K | $146K | $87 | — | View 990 |
| 2019 | $420K | $426K | $140K | $0 | — | View 990 |
| 2018 | $354K | $369K | $146K | $0 | — | — |
| 2017 | $295K | $220K | $158K | $1K | — | View 990 |
| 2016 | $233K | $205K | $83K | $930 | — | View 990 |
| 2015 | $197K | $170K | $58K | $9K | — | View 990 |
| 2014 | $145K | $147K | $34K | $9K | — | View 990 |
| 2013 | $80K | $136K | $30K | $10K | — | View 990 |
| 2012 | $83K | $156K | $86K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $767K, expenses of $628K, and assets of $384K (revenue +19.0% year-over-year).
- 2022: Revenue of $645K, expenses of $536K, and assets of $246K (revenue +34.6% year-over-year).
- 2021: Revenue of $479K, expenses of $488K, and assets of $137K (revenue +3.4% year-over-year).
- 2020: Revenue of $463K, expenses of $458K, and assets of $146K (revenue +10.2% year-over-year).
- 2019: Revenue of $420K, expenses of $426K, and assets of $140K (revenue +18.7% year-over-year).
- 2018: Revenue of $354K, expenses of $369K, and assets of $146K (revenue +20.0% year-over-year).
- 2017: Revenue of $295K, expenses of $220K, and assets of $158K (revenue +26.5% year-over-year).
- 2016: Revenue of $233K, expenses of $205K, and assets of $83K (revenue +18.2% year-over-year).
- 2015: Revenue of $197K, expenses of $170K, and assets of $58K (revenue +36.1% year-over-year).
- 2014: Revenue of $145K, expenses of $147K, and assets of $34K (revenue +81.6% year-over-year).
- 2013: Revenue of $80K, expenses of $136K, and assets of $30K (revenue -4.0% year-over-year).
- 2012: Revenue of $83K, expenses of $156K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port Reading First Aid Squad Inc:
Data Sources and Methodology
This transparency report for Port Reading 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.