Princeton Junction Volunteer Fire Co No 1 Inc

Princeton Junction Volunteer Fire Co No 1 Inc maintains stable finances with growing assets and no paid executive compensation.

EIN: 210684815 · Princeton Jct, NJ · NTEE: M24Z · Updated: 2026-03-28

$203KRevenue

$1.4MAssets

85/100Mission Score (Excellent)

M24Z

About Princeton Junction Volunteer Fire Co No 1 Inc

Princeton Junction Volunteer Fire Co No 1 Inc (EIN: 210684815) is a nonprofit organization based in Princeton Jct, NJ, classified under NTEE code M24Z. The organization reported total revenue of $203K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Junction Volunteer Fire Co No 1 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Princeton Junction Volunteer Fire Co No 1 Inc demonstrates consistent financial stability, with assets steadily growing over the past decade, reaching $1,350,465 in 2023. The organization's revenue and expenses have fluctuated, but generally remain balanced, with the latest filing showing revenue of $183,944 exceeding expenses of $149,279. This indicates a healthy operational surplus for the most recent period. The organization's liabilities have remained very low or non-existent in recent years, suggesting strong financial management and minimal debt burden.

The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that the organization is primarily volunteer-driven at the leadership level, which is a significant indicator of efficient use of funds for its mission. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the absence of paid executive leadership is a positive sign.

Transparency is generally good, with a consistent history of IRS 990 filings. The consistent reporting of 0% officer compensation enhances trust. However, the available data does not provide a granular breakdown of expenses into program, administrative, and fundraising categories, which would further improve transparency and allow for a more detailed assessment of spending efficiency. Overall, the organization appears to be a financially sound and responsibly managed volunteer fire company.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Princeton Junction Volunteer Fire Co No 1 Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Princeton Junction Volunteer Fire Co No 1 Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating a fully volunteer-led organization at the officer level, which is highly efficient for a nonprofit of this size.

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 Princeton Junction Volunteer Fire Co No 1 Inc's IRS 990 filings:

Lack of detailed expense breakdown (program, admin, fundraising) in provided data

Strengths

The following positive indicators were identified for Princeton Junction Volunteer Fire Co No 1 Inc:

Consistent asset growth, reaching $1,350,465 in 2023
0% officer compensation across all reported periods
Very low or zero liabilities in recent years
Positive net income in the latest filing period (202312: Revenue $183,944 vs. Expenses $149,279)
Consistent IRS 990 filing history

Frequently Asked Questions about Princeton Junction Volunteer Fire Co No 1 Inc

Is Princeton Junction Volunteer Fire Co No 1 Inc a good charity?

Based on the available IRS 990 data, Princeton Junction Volunteer Fire Co No 1 Inc appears to be a well-managed and financially stable organization. Key indicators include consistent asset growth, low liabilities, and 0% officer compensation, suggesting efficient use of funds and a strong volunteer commitment to its mission.

How has the organization's financial health changed over time?

The organization's financial health has been consistently strong, with assets growing from $962,657 in 2015 to $1,350,465 in 2023. Revenue and expenses have fluctuated but generally remained balanced, with a positive net income in the most recent filing period (202312).

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, indicating that its executive leadership is entirely volunteer-based. This is a significant strength in terms of financial efficiency and dedication to its mission.

Filing History

IRS 990 filing history for Princeton Junction Volunteer Fire Co No 1 Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Princeton Junction Volunteer Fire Co No 1 Inc's revenue has grown by 7.7%, moving from $171K to $184K. Total assets increased by 27.6% over the same period, from $1.1M to $1.4M. Total functional expenses fell by 2.9%, from $154K to $149K. In its most recent filing year (2023), Princeton Junction Volunteer Fire Co No 1 Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $80 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$184K	$149K	$1.4M	$80	—	—
2022	$145K	$161K	$1.3M	$0	—	View 990
2021	$171K	$147K	$1.3M	$0	—	View 990
2020	$136K	$160K	$1.3M	$0	—	View 990
2019	$218K	$203K	$1.2M	$0	—	View 990
2018	$141K	$157K	$1.2M	$4K	—	View 990
2017	$388K	$117K	$1.3M	$6K	—	View 990
2016	$130K	$130K	$964K	$7K	—	View 990
2015	$127K	$149K	$963K	$16K	—	View 990
2014	$140K	$165K	$1.0M	$11K	—	View 990
2013	$148K	$172K	$1.0M	$9K	—	View 990
2012	$133K	$147K	$1.0M	$9K	—	View 990
2011	$171K	$154K	$1.1M	$6K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $184K, expenses of $149K, and assets of $1.4M (revenue +27.2% year-over-year).
2022: Revenue of $145K, expenses of $161K, and assets of $1.3M (revenue -15.5% year-over-year).
2021: Revenue of $171K, expenses of $147K, and assets of $1.3M (revenue +25.7% year-over-year).
2020: Revenue of $136K, expenses of $160K, and assets of $1.3M (revenue -37.6% year-over-year).
2019: Revenue of $218K, expenses of $203K, and assets of $1.2M (revenue +54.6% year-over-year).
2018: Revenue of $141K, expenses of $157K, and assets of $1.2M (revenue -63.7% year-over-year).
2017: Revenue of $388K, expenses of $117K, and assets of $1.3M (revenue +198.0% year-over-year).
2016: Revenue of $130K, expenses of $130K, and assets of $964K (revenue +2.5% year-over-year).
2015: Revenue of $127K, expenses of $149K, and assets of $963K (revenue -9.3% year-over-year).
2014: Revenue of $140K, expenses of $165K, and assets of $1.0M (revenue -5.2% year-over-year).
2013: Revenue of $148K, expenses of $172K, and assets of $1.0M (revenue +11.2% year-over-year).
2012: Revenue of $133K, expenses of $147K, and assets of $1.0M (revenue -22.1% year-over-year).
2011: Revenue of $171K, expenses of $154K, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Princeton Junction Volunteer Fire Co 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.