Silverton First Aid Squad Inc
Silverton First Aid Squad: Strong Community Service, Financial Volatility
EIN: 221928121 · Toms River, NJ · NTEE: M23Z · Updated: 2026-04-04
Is Silverton 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 →
Silverton First Aid Squad Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Silverton First Aid Squad Inc
Silverton First Aid Squad Inc (EIN: 221928121) is a nonprofit organization based in Toms River, NJ, classified under NTEE code M23Z. The organization reported total revenue of $789K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silverton First Aid Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Silverton First Aid Squad 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Silverton First Aid Squad 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.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led executive structure, which is commendable but warrants further investigation to ensure sustainability and proper governance.
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 Silverton First Aid Squad Inc's IRS 990 filings:
- Significant revenue fluctuations, from $1,134,815 in 2022 to $789,104 in 2023, indicate potential instability in funding sources.
- The consistent reporting of $0 for executive compensation, while potentially positive, could also mask unrecorded benefits or raise questions about long-term leadership succession and professional management.
- A substantial increase in liabilities from $70,360 in 2020 to $304,854 in 2023, alongside decreasing assets in the most recent year, suggests a deteriorating financial position.
Strengths
The following positive indicators were identified for Silverton First Aid Squad Inc:
- Demonstrates a strong commitment to its mission with a high proportion of expenses likely directed towards program services, given the low administrative and fundraising overhead.
- Maintained a positive net asset position throughout the analyzed period, indicating financial solvency despite fluctuations.
- Long-standing presence (data from 2016-2023) suggests a consistent and valued community service provider.
Frequently Asked Questions about Silverton First Aid Squad Inc
Is Silverton First Aid Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Silverton First Aid Squad Inc (EIN: 221928121) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Silverton First Aid Squad Inc spend its money?
Silverton First Aid Squad Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Silverton First Aid Squad Inc tax-deductible?
Silverton First Aid Squad Inc is registered as a tax-exempt nonprofit (EIN: 221928121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Silverton First Aid Squad Inc do?
Silverton First Aid Squad Inc is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Toms River, New Jersey. It is classified under NTEE code M23Z.
How much revenue does Silverton First Aid Squad Inc have?
Silverton First Aid Squad Inc reported total revenue of $789,104. Based on 13 IRS 990 filings on record.
What are Silverton First Aid Squad Inc's total assets?
Silverton First Aid Squad Inc holds total assets of $1,214,231 as reported in IRS 990 filings.
Where is Silverton First Aid Squad Inc located?
Silverton First Aid Squad Inc is based in Toms River, New Jersey.
What is Silverton First Aid Squad Inc's EIN?
Silverton First Aid Squad Inc's Employer Identification Number (EIN) is 221928121. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Silverton First Aid Squad Inc?
Silverton First Aid Squad Inc is classified under NTEE code M23Z (Public Safety & Disaster Preparedness).
Is Silverton First Aid Squad Inc a registered 501(c)(3)?
Yes, Silverton First Aid Squad Inc is recognized as a tax-exempt organization by the IRS. EIN: 221928121.
Does Silverton First Aid Squad Inc file IRS Form 990?
Yes, Silverton First Aid Squad Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Silverton First Aid Squad Inc's revenue in 2023?
In the 202312 filing period, Silverton First Aid Squad Inc reported total revenue of $833,595, total expenses of $976,122, and net assets of $1,372,132.
Is Silverton First Aid Squad Inc's revenue growing or declining?
Silverton First Aid Squad Inc's revenue is declining. Revenue went from $1,134,815 (202212) to $833,595 (202312), a -26.5% change. Based on 13 filings on record.
What is Silverton First Aid Squad Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Silverton First Aid Squad Inc covers tax period 202312. It shows revenue of $833,595, expenses of $976,122, total assets of $1,372,132, and liabilities of $304,854.
How much does Silverton First Aid Squad Inc spend on programs vs administration?
Based on IRS 990 analysis, Silverton First Aid Squad Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Silverton First Aid Squad Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Silverton First Aid Squad Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Silverton First Aid Squad Inc?
The following concerns were identified: Significant revenue fluctuations, from $1,134,815 in 2022 to $789,104 in 2023, indicate potential instability in funding sources.. The consistent reporting of $0 for executive compensation, while potentially positive, could also mask unrecorded benefits or raise questions about long-term leadership succession and professional management.. A substantial increase in liabilities from $70,360 in 2020 to $304,854 in 2023, alongside decreasing assets in the most recent year, suggests a deteriorating financial position.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Silverton First Aid Squad Inc's strengths?
Positive indicators for Silverton First Aid Squad Inc include: Demonstrates a strong commitment to its mission with a high proportion of expenses likely directed towards program services, given the low administrative and fundraising overhead.. Maintained a positive net asset position throughout the analyzed period, indicating financial solvency despite fluctuations.. Long-standing presence (data from 2016-2023) suggests a consistent and valued community service provider.. These findings are derived from AI analysis of the organization's financial filings.
How does Silverton First Aid Squad Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led executive structure, which is commendable but warrants further investigation to ensure sustainability and proper governance. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Silverton First Aid Squad sustain its operations and leadership with reported $0 executive compensation, and what are the potential long-term implications of this model?
The reported $0 executive compensation suggests a volunteer-driven leadership model. While admirable for cost efficiency, it raises questions about the sustainability of professional management, succession planning, and the potential for unrecorded in-kind contributions or benefits that are not transparently disclosed in the filings. This model could face challenges in attracting and retaining experienced leadership in the long run.
What factors contributed to the significant revenue decline from $1,134,815 in 2022 to $789,104 in 2023, and how is the organization addressing this trend?
The data alone does not specify the exact causes of the revenue decline. Potential factors could include changes in grant funding, reduced donations, or shifts in service demand/reimbursement. Without further information, it's difficult to assess the organization's strategy for mitigating this trend, which is crucial given the concurrent increase in liabilities.
Filing History
IRS 990 filing history for Silverton First Aid Squad Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Silverton First Aid Squad Inc's revenue has grown by 184.4%, moving from $293K to $834K. Total assets increased by 107.4% over the same period, from $662K to $1.4M. Total functional expenses rose by 327.7%, from $228K to $976K. In its most recent filing year (2023), Silverton First Aid Squad Inc reported a deficit of $143K, with expenses exceeding revenue. The organization holds $305K in liabilities against $1.4M in assets (debt-to-asset ratio: 22.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $834K | $976K | $1.4M | $305K | — | — |
| 2022 | $1.1M | $906K | $1.6M | $382K | — | — |
| 2021 | $643K | $603K | $1.1M | $225K | — | View 990 |
| 2020 | $462K | $545K | $945K | $70K | — | View 990 |
| 2019 | $462K | $594K | $967K | $9K | — | View 990 |
| 2018 | $594K | $563K | $1.0M | $9K | — | View 990 |
| 2017 | $678K | $486K | $1.0M | $32K | — | View 990 |
| 2016 | $461K | $393K | $824K | $13K | — | View 990 |
| 2015 | $368K | $425K | $763K | $19K | — | View 990 |
| 2014 | $207K | $288K | $822K | $21K | — | View 990 |
| 2013 | $555K | $224K | $911K | $29K | — | View 990 |
| 2012 | $166K | $239K | $585K | $34K | — | View 990 |
| 2011 | $293K | $228K | $662K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $834K, expenses of $976K, and assets of $1.4M (revenue -26.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $906K, and assets of $1.6M (revenue +76.5% year-over-year).
- 2021: Revenue of $643K, expenses of $603K, and assets of $1.1M (revenue +39.1% year-over-year).
- 2020: Revenue of $462K, expenses of $545K, and assets of $945K (revenue +0.0% year-over-year).
- 2019: Revenue of $462K, expenses of $594K, and assets of $967K (revenue -22.1% year-over-year).
- 2018: Revenue of $594K, expenses of $563K, and assets of $1.0M (revenue -12.5% year-over-year).
- 2017: Revenue of $678K, expenses of $486K, and assets of $1.0M (revenue +47.1% year-over-year).
- 2016: Revenue of $461K, expenses of $393K, and assets of $824K (revenue +25.4% year-over-year).
- 2015: Revenue of $368K, expenses of $425K, and assets of $763K (revenue +78.0% year-over-year).
- 2014: Revenue of $207K, expenses of $288K, and assets of $822K (revenue -62.8% year-over-year).
- 2013: Revenue of $555K, expenses of $224K, and assets of $911K (revenue +234.7% year-over-year).
- 2012: Revenue of $166K, expenses of $239K, and assets of $585K (revenue -43.4% year-over-year).
- 2011: Revenue of $293K, expenses of $228K, and assets of $662K.
Data Sources and Methodology
This transparency report for Silverton 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.