Seaville Volunteer Fire Company Inc
Seaville Volunteer Fire Company: Stable Finances, Low Program Spending
EIN: 221916070 · Seaville, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $289K |
| Total Expenses | $308K |
| Program Spending | 15% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $2.9M |
| Transparency Score | 60/100 |
Is Seaville Volunteer 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 →
Seaville Volunteer Fire Company Inc directs 15% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Seaville Volunteer Fire Company Inc
Seaville Volunteer Fire Company Inc (EIN: 221916070) is a nonprofit organization based in Seaville, NJ. The organization reported total revenue of $289K and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seaville Volunteer Fire Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seaville Volunteer Fire Company Inc is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $467K |
| Total Expenses | $308K |
| Surplus / Deficit | +$159K |
| Total Assets | $3.4M |
| Total Liabilities | $512K |
| Net Assets | $2.9M |
| Operating Margin | 34.1% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 132.3 months |
Financial Health Grade: A
In 2023, Seaville Volunteer Fire Company Inc reported a surplus of $159K with revenue exceeding expenses, holds 132.3 months of operating reserves (strong position), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seaville Volunteer Fire Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.2% | +4.3% | -4.1% |
| 2022 | -1.4% | +7.7% | -4.4% |
| 2021 | -3.2% | +1.4% | -1.2% |
| 2020 | +12.3% | +16.7% | -0.5% |
| 2019 | -0.9% | -5.5% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1975 |
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 Seaville Volunteer Fire Company 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: 50%
- programs: 15%
- fundraising: 35%
According to IRS 990 filings, Seaville Volunteer Fire Company Inc allocates its expenses as follows: admin: 50%, programs: 15%, fundraising: 35%. Only 15% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $159K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.1%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-led executive team.
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 Seaville Volunteer Fire Company Inc's IRS 990 filings:
- Program spending consistently appears low, with expenses (x) significantly less than revenue (r) and a large portion of assets (a) held.
- The spending breakdown (p:15%, a:50%, f:35%) suggests a disproportionately high allocation to administrative and fundraising costs compared to direct program services.
Strengths
The following positive indicators were identified for Seaville Volunteer Fire Company Inc:
- The organization maintains a strong asset base, consistently above $3 million, providing financial stability.
- Revenue has remained relatively stable over the past several years, indicating consistent community support.
- The volunteer nature of executive leadership (reported $0 compensation) demonstrates a commitment to minimizing overhead.
Frequently Asked Questions about Seaville Volunteer Fire Company Inc
Is Seaville Volunteer Fire Company Inc a legitimate charity?
Seaville Volunteer Fire Company Inc (EIN: 221916070) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $289K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Seaville Volunteer Fire Company Inc spend its money?
Seaville Volunteer Fire Company Inc directs 15% of its spending to programs and services. Fundraising costs 35%. This falls below the 65% benchmark.
Are donations to Seaville Volunteer Fire Company Inc tax-deductible?
Seaville Volunteer Fire Company Inc is registered as a tax-exempt nonprofit (EIN: 221916070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seaville Volunteer Fire Company Inc CEO make?
Seaville Volunteer Fire Company Inc's highest-compensated officer earns $0 annually. The organization reported $289K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seaville Volunteer Fire Company Inc's spending goes to programs?
Seaville Volunteer Fire Company Inc directs 15% to programs, 35% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Seaville Volunteer Fire Company Inc located?
Seaville Volunteer Fire Company Inc is headquartered in Seaville, New Jersey and files with the IRS under EIN 221916070.
How many years of IRS 990 filings does Seaville Volunteer Fire Company Inc have?
Seaville Volunteer 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 $289K in total revenue.
What does Seaville Volunteer Fire Company Inc do?
Seaville Volunteer Fire Company Inc is a nonprofit organization in the Unknown sector, located in Seaville, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Seaville Volunteer Fire Company Inc have?
Seaville Volunteer Fire Company Inc reported total revenue of $289,155. Based on 13 IRS 990 filings on record.
What are Seaville Volunteer Fire Company Inc's total assets?
Seaville Volunteer Fire Company Inc holds total assets of $3,933,635 as reported in IRS 990 filings.
Where is Seaville Volunteer Fire Company Inc located?
Seaville Volunteer Fire Company Inc is based in Seaville, New Jersey.
What is Seaville Volunteer Fire Company Inc's EIN?
Seaville Volunteer Fire Company Inc's Employer Identification Number (EIN) is 221916070. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Seaville Volunteer Fire Company Inc?
Seaville Volunteer Fire Company Inc is classified under NTEE code Unknown (Unknown).
Is Seaville Volunteer Fire Company Inc a registered 501(c)(3)?
Seaville Volunteer Fire Company Inc appears in IRS records (EIN: 221916070). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Seaville Volunteer Fire Company Inc file IRS Form 990?
Yes, Seaville Volunteer Fire Company Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Seaville Volunteer Fire Company Inc's revenue in 2023?
In the 202312 filing period, Seaville Volunteer Fire Company Inc reported total revenue of $466,630, total expenses of $307,535, and net assets of $3,390,312.
Is Seaville Volunteer Fire Company Inc's revenue growing or declining?
Seaville Volunteer Fire Company Inc's revenue is growing. Revenue went from $423,446 (202212) to $466,630 (202312), a +10.2% change. Based on 13 filings on record.
What is Seaville Volunteer Fire Company Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Seaville Volunteer Fire Company Inc covers tax period 202312. It shows revenue of $466,630, expenses of $307,535, total assets of $3,390,312, and liabilities of $511,686.
How much does Seaville Volunteer Fire Company Inc spend on programs vs administration?
Based on IRS 990 analysis, Seaville Volunteer Fire Company Inc allocates approximately 15% of expenses to program services, 50% to administrative costs, and 35% to fundraising. Overhead costs appear high relative to program spending.
Is Seaville Volunteer Fire Company Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Seaville Volunteer Fire Company Inc shows mixed signals. Mission Score: 60/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Seaville Volunteer Fire Company Inc?
The following concerns were identified: Program spending consistently appears low, with expenses (x) significantly less than revenue (r) and a large portion of assets (a) held.. The spending breakdown (p:15%, a:50%, f:35%) suggests a disproportionately high allocation to administrative and fundraising costs compared to direct program services.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Seaville Volunteer Fire Company Inc's strengths?
Positive indicators for Seaville Volunteer Fire Company Inc include: The organization maintains a strong asset base, consistently above $3 million, providing financial stability.. Revenue has remained relatively stable over the past several years, indicating consistent community support.. The volunteer nature of executive leadership (reported $0 compensation) demonstrates a commitment to minimizing overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does Seaville Volunteer Fire Company Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-led executive team. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 executive compensation, what are the primary drivers of the administrative and fundraising expenses?
Without detailed expense breakdowns, it's challenging to pinpoint exact drivers. However, common administrative costs for volunteer fire companies can include insurance, utilities, equipment maintenance, and professional services. Fundraising expenses would cover activities to solicit donations.
How does the organization's substantial asset base of over $3 million align with its operational expenses and program delivery?
The large asset base suggests a focus on long-term financial security, potentially for future equipment purchases, facility upgrades, or as an endowment. However, the relatively low operational expenses and program spending indicate that a significant portion of these assets are not actively being deployed for immediate program expansion or increased service delivery.
Filing History
IRS 990 filing history for Seaville Volunteer Fire Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seaville Volunteer Fire Company Inc's revenue has grown by 54.3%, moving from $302K to $467K. Total assets increased by 0.5% over the same period, from $3.4M to $3.4M. Total functional expenses rose by 1.6%, from $303K to $308K. In its most recent filing year (2023), Seaville Volunteer Fire Company Inc reported a surplus of $159K, with revenue exceeding expenses. The organization holds $512K in liabilities against $3.4M in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $467K | $308K | $3.4M | $512K | — | View 990 |
| 2022 | $423K | $295K | $3.5M | $815K | — | View 990 |
| 2021 | $430K | $274K | $3.7M | $1.1M | — | — |
| 2020 | $444K | $270K | $3.7M | $1.3M | — | — |
| 2019 | $395K | $232K | $3.8M | $1.5M | — | View 990 |
| 2018 | $399K | $245K | $3.2M | $1.1M | — | View 990 |
| 2017 | $388K | $281K | $3.2M | $1.2M | — | View 990 |
| 2016 | $388K | $293K | $3.4M | $1.6M | — | View 990 |
| 2015 | $395K | $329K | $3.5M | $1.8M | — | View 990 |
| 2014 | $344K | $334K | $3.6M | $1.9M | — | View 990 |
| 2013 | $353K | $348K | $3.7M | $2.1M | — | View 990 |
| 2012 | $356K | $301K | $3.4M | $1.8M | — | View 990 |
| 2011 | $302K | $303K | $3.4M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $467K, expenses of $308K, and assets of $3.4M (revenue +10.2% year-over-year).
- 2022: Revenue of $423K, expenses of $295K, and assets of $3.5M (revenue -1.4% year-over-year).
- 2021: Revenue of $430K, expenses of $274K, and assets of $3.7M (revenue -3.2% year-over-year).
- 2020: Revenue of $444K, expenses of $270K, and assets of $3.7M (revenue +12.3% year-over-year).
- 2019: Revenue of $395K, expenses of $232K, and assets of $3.8M (revenue -0.9% year-over-year).
- 2018: Revenue of $399K, expenses of $245K, and assets of $3.2M (revenue +2.9% year-over-year).
- 2017: Revenue of $388K, expenses of $281K, and assets of $3.2M (revenue -0.1% year-over-year).
- 2016: Revenue of $388K, expenses of $293K, and assets of $3.4M (revenue -1.7% year-over-year).
- 2015: Revenue of $395K, expenses of $329K, and assets of $3.5M (revenue +14.9% year-over-year).
- 2014: Revenue of $344K, expenses of $334K, and assets of $3.6M (revenue -2.7% year-over-year).
- 2013: Revenue of $353K, expenses of $348K, and assets of $3.7M (revenue -0.9% year-over-year).
- 2012: Revenue of $356K, expenses of $301K, and assets of $3.4M (revenue +17.9% year-over-year).
- 2011: Revenue of $302K, expenses of $303K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seaville Volunteer Fire Company Inc:
Data Sources and Methodology
This transparency report for Seaville Volunteer 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.