Stone Harbor Rescue Squad Inc
Stone Harbor Rescue Squad: Consistent Operations, Asset Fluctuation
EIN: 222160272 · Stone Harbor, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $157K |
| Total Expenses | $159K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $97K |
| Transparency Score | 75/100 |
Is Stone Harbor Rescue Squad Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stone Harbor Rescue Squad Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stone Harbor Rescue Squad Inc
Stone Harbor Rescue Squad Inc (EIN: 222160272) is a nonprofit organization based in Stone Harbor, NJ. The organization reported total revenue of $157K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stone Harbor Rescue Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stone Harbor Rescue Squad Inc is a small nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $159K |
| Surplus / Deficit | $-22,379 |
| Total Assets | $98K |
| Total Liabilities | $359 |
| Net Assets | $97K |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Stone Harbor Rescue Squad Inc reported a deficit of $22K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Stone Harbor Rescue Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +54.5% | -18.6% |
| 2022 | -41.2% | -40.2% | +25.9% |
| 2021 | +54.9% | +14.5% | +87.7% |
| 2020 | +5.8% | +5.3% | -16.6% |
| 2019 | +19.1% | +1.2% | -15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Stone Harbor Rescue 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: 85%
- fundraising: 5%
According to IRS 990 filings, Stone Harbor Rescue 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is not a concern as the organization consistently reports $0 for officer, director, trustee, and key employee compensation in all available filings.
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 Stone Harbor Rescue Squad Inc's IRS 990 filings:
- Total assets have shown considerable variability, from $50,768 in 2020 to $120,001 in 2022, which could indicate inconsistent financial planning or asset management strategies.
- The organization's net assets decreased from $97,695 in 2023 to $37,662 in the most recent data, a significant drop that warrants further investigation into the cause.
Strengths
The following positive indicators were identified for Stone Harbor Rescue Squad Inc:
- The organization consistently operates with low liabilities, demonstrating strong fiscal responsibility.
- Despite revenue fluctuations, the organization has maintained operations, indicating resilience and effective resource utilization.
- The consistent reporting of $0 for executive compensation suggests a volunteer-driven model, maximizing funds for direct services.
Frequently Asked Questions about Stone Harbor Rescue Squad Inc
Is Stone Harbor Rescue Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stone Harbor Rescue Squad Inc (EIN: 222160272) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Stone Harbor Rescue Squad Inc spend its money?
Stone Harbor Rescue Squad Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stone Harbor Rescue Squad Inc tax-deductible?
Stone Harbor Rescue Squad Inc is registered as a tax-exempt nonprofit (EIN: 222160272). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Stone Harbor Rescue Squad Inc CEO make?
Stone Harbor Rescue Squad Inc's highest-compensated officer earns $0 annually. The organization reported $157K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Stone Harbor Rescue Squad Inc's spending goes to programs?
Stone Harbor Rescue Squad Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Stone Harbor Rescue Squad Inc located?
Stone Harbor Rescue Squad Inc is headquartered in Stone Harbor, New Jersey and files with the IRS under EIN 222160272.
How many years of IRS 990 filings does Stone Harbor Rescue Squad Inc have?
Stone Harbor Rescue 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 $157K in total revenue.
What does Stone Harbor Rescue Squad Inc do?
Stone Harbor Rescue Squad Inc is a nonprofit organization in the Unknown sector, located in Stone Harbor, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Stone Harbor Rescue Squad Inc have?
Stone Harbor Rescue Squad Inc reported total revenue of $157,490. Based on 12 IRS 990 filings on record.
What are Stone Harbor Rescue Squad Inc's total assets?
Stone Harbor Rescue Squad Inc holds total assets of $37,662 as reported in IRS 990 filings.
Where is Stone Harbor Rescue Squad Inc located?
Stone Harbor Rescue Squad Inc is based in Stone Harbor, New Jersey.
What is Stone Harbor Rescue Squad Inc's EIN?
Stone Harbor Rescue Squad Inc's Employer Identification Number (EIN) is 222160272. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Stone Harbor Rescue Squad Inc?
Stone Harbor Rescue Squad Inc is classified under NTEE code Unknown (Unknown).
Is Stone Harbor Rescue Squad Inc a registered 501(c)(3)?
Stone Harbor Rescue Squad Inc appears in IRS records (EIN: 222160272). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Stone Harbor Rescue Squad Inc file IRS Form 990?
Yes, Stone Harbor Rescue Squad Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202302.
What was Stone Harbor Rescue Squad Inc's revenue in 2023?
In the 202302 filing period, Stone Harbor Rescue Squad Inc reported total revenue of $136,262, total expenses of $158,641, and net assets of $97,695.
Is Stone Harbor Rescue Squad Inc's revenue growing or declining?
Stone Harbor Rescue Squad Inc's revenue is growing. Revenue went from $127,388 (202202) to $136,262 (202302), a +7.0% change. Based on 12 filings on record.
What is Stone Harbor Rescue Squad Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Stone Harbor Rescue Squad Inc covers tax period 202302. It shows revenue of $136,262, expenses of $158,641, total assets of $97,695, and liabilities of $359.
How much does Stone Harbor Rescue Squad Inc spend on programs vs administration?
Based on IRS 990 analysis, Stone Harbor Rescue Squad Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Stone Harbor Rescue Squad Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Stone Harbor Rescue Squad Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Stone Harbor Rescue Squad Inc?
The following concerns were identified: Total assets have shown considerable variability, from $50,768 in 2020 to $120,001 in 2022, which could indicate inconsistent financial planning or asset management strategies.. The organization's net assets decreased from $97,695 in 2023 to $37,662 in the most recent data, a significant drop that warrants further investigation into the cause.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Stone Harbor Rescue Squad Inc's strengths?
Positive indicators for Stone Harbor Rescue Squad Inc include: The organization consistently operates with low liabilities, demonstrating strong fiscal responsibility.. Despite revenue fluctuations, the organization has maintained operations, indicating resilience and effective resource utilization.. The consistent reporting of $0 for executive compensation suggests a volunteer-driven model, maximizing funds for direct services.. These findings are derived from AI analysis of the organization's financial filings.
How does Stone Harbor Rescue Squad Inc compensate executives?
Executive compensation is not a concern as the organization consistently reports $0 for officer, director, trustee, and key employee compensation in all available filings. 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 for executive compensation, what is the primary operational model for the Stone Harbor Rescue Squad, and how does it sustain its services?
The consistent $0 executive compensation suggests a volunteer-driven model, likely relying on dedicated volunteers for operational roles and potentially a small administrative staff or outsourced services. Sustainability would come from community support, grants, and the dedication of its volunteer base.
What factors contributed to the significant decrease in total assets from $97,695 in 2023 to $37,662 in the most recent filing, and what impact does this have on the organization's long-term stability?
The provided data does not specify the exact reasons for the asset decrease. Potential factors could include significant equipment purchases, unexpected operational expenses, or a decline in donations. This decrease could impact long-term stability by reducing reserves for future investments or unexpected needs, potentially making the organization more vulnerable to financial shocks.
Filing History
IRS 990 filing history for Stone Harbor Rescue Squad Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Stone Harbor Rescue Squad Inc's revenue has grown by 42.7%, moving from $95K to $136K. Total assets decreased by 18% over the same period, from $119K to $98K. Total functional expenses rose by 33.7%, from $119K to $159K. In its most recent filing year (2023), Stone Harbor Rescue Squad Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $359 in liabilities against $98K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $97K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $159K | $98K | $359 | — | View 990 |
| 2022 | $127K | $103K | $120K | $286 | — | View 990 |
| 2021 | $216K | $172K | $95K | $283 | — | View 990 |
| 2020 | $140K | $150K | $51K | $401 | — | View 990 |
| 2019 | $132K | $142K | $61K | $275 | — | View 990 |
| 2018 | $111K | $141K | $72K | $886 | — | View 990 |
| 2017 | $157K | $135K | $101K | $330 | — | View 990 |
| 2016 | $117K | $118K | $79K | $684 | — | View 990 |
| 2015 | $111K | $132K | $82K | $2K | — | View 990 |
| 2014 | $116K | $126K | $102K | $1K | — | View 990 |
| 2013 | $114K | $121K | $112K | $2K | — | View 990 |
| 2012 | $95K | $119K | $119K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $159K, and assets of $98K (revenue +7.0% year-over-year).
- 2022: Revenue of $127K, expenses of $103K, and assets of $120K (revenue -41.2% year-over-year).
- 2021: Revenue of $216K, expenses of $172K, and assets of $95K (revenue +54.9% year-over-year).
- 2020: Revenue of $140K, expenses of $150K, and assets of $51K (revenue +5.8% year-over-year).
- 2019: Revenue of $132K, expenses of $142K, and assets of $61K (revenue +19.1% year-over-year).
- 2018: Revenue of $111K, expenses of $141K, and assets of $72K (revenue -29.5% year-over-year).
- 2017: Revenue of $157K, expenses of $135K, and assets of $101K (revenue +34.7% year-over-year).
- 2016: Revenue of $117K, expenses of $118K, and assets of $79K (revenue +5.0% year-over-year).
- 2015: Revenue of $111K, expenses of $132K, and assets of $82K (revenue -4.4% year-over-year).
- 2014: Revenue of $116K, expenses of $126K, and assets of $102K (revenue +1.7% year-over-year).
- 2013: Revenue of $114K, expenses of $121K, and assets of $112K (revenue +19.7% year-over-year).
- 2012: Revenue of $95K, expenses of $119K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stone Harbor Rescue Squad Inc:
Data Sources and Methodology
This transparency report for Stone Harbor Rescue 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.