Surf City Volunteer Fire Co 1
Surf City Volunteer Fire Co 1: Strong Financials, Low Overhead
EIN: 222319249 · Surf City, NJ · NTEE: E62 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $594K |
| Total Expenses | $440K |
| Program Spending | 80% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Surf City Volunteer Fire Co 1 Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Surf City Volunteer Fire Co 1 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Surf City Volunteer Fire Co 1
Surf City Volunteer Fire Co 1 (EIN: 222319249) is a nonprofit organization based in Surf City, NJ, classified under NTEE code E62. The organization reported total revenue of $594K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Surf City Volunteer Fire Co 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Surf City Volunteer Fire Co 1 is a small nonprofit that has been operating for 3 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $600K |
| Total Expenses | $440K |
| Surplus / Deficit | +$160K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 26.6% |
| Months of Reserves | 32.6 months |
Financial Health Grade: A
In 2023, Surf City Volunteer Fire Co 1 reported a surplus of $160K with revenue exceeding expenses, holds 32.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Surf City Volunteer Fire Co 1's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +106.0% | +138.9% | +15.4% |
| 2022 | +18.4% | -29.1% | +11.5% |
| 2021 | +44.3% | +58.6% | -1.5% |
| 2020 | -1.4% | -1.9% | -1.4% |
| 2019 | +7.7% | -2.2% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 Surf City Volunteer Fire Co 1 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: 80%
- fundraising: 10%
According to IRS 990 filings, Surf City Volunteer Fire Co 1 allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 surplus of $160K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported, indicating a volunteer-led organization, which is common for volunteer fire companies.
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.
Strengths
The following positive indicators were identified for Surf City Volunteer Fire Co 1:
- Consistent revenue growth, with a significant jump to $593,932 in 2023.
- Strong asset accumulation, demonstrating good financial management.
- Low administrative and fundraising costs, maximizing funds for programs.
- Zero reported liabilities in recent years, indicating financial stability.
Frequently Asked Questions about Surf City Volunteer Fire Co 1
Is Surf City Volunteer Fire Co 1 a legitimate charity?
Surf City Volunteer Fire Co 1 (EIN: 222319249) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $594K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Surf City Volunteer Fire Co 1 spend its money?
Surf City Volunteer Fire Co 1 directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Surf City Volunteer Fire Co 1 tax-deductible?
Surf City Volunteer Fire Co 1 is registered as a tax-exempt nonprofit (EIN: 222319249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Surf City Volunteer Fire Co 1's spending goes to programs?
Surf City Volunteer Fire Co 1 directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Surf City Volunteer Fire Co 1 compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Surf City Volunteer Fire Co 1 is above average for NTEE category E62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Surf City Volunteer Fire Co 1 located?
Surf City Volunteer Fire Co 1 is headquartered in Surf City, New Jersey and files with the IRS under EIN 222319249. It is classified under NTEE code E62.
How many years of IRS 990 filings does Surf City Volunteer Fire Co 1 have?
Surf City Volunteer Fire Co 1 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 $594K in total revenue.
What does Surf City Volunteer Fire Co 1 do?
Surf City Volunteer Fire Co 1 is a nonprofit organization in the Health Care sector, located in Surf City, New Jersey. It is classified under NTEE code E62.
How much revenue does Surf City Volunteer Fire Co 1 have?
Surf City Volunteer Fire Co 1 reported total revenue of $593,932. Based on 13 IRS 990 filings on record.
What are Surf City Volunteer Fire Co 1's total assets?
Surf City Volunteer Fire Co 1 holds total assets of $1,415,249 as reported in IRS 990 filings.
Where is Surf City Volunteer Fire Co 1 located?
Surf City Volunteer Fire Co 1 is based in Surf City, New Jersey.
What is Surf City Volunteer Fire Co 1's EIN?
Surf City Volunteer Fire Co 1's Employer Identification Number (EIN) is 222319249. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Surf City Volunteer Fire Co 1?
Surf City Volunteer Fire Co 1 is classified under NTEE code E62 (Health Care).
Is Surf City Volunteer Fire Co 1 a registered 501(c)(3)?
Yes, Surf City Volunteer Fire Co 1 is recognized as a tax-exempt organization by the IRS. EIN: 222319249.
Does Surf City Volunteer Fire Co 1 file IRS Form 990?
Yes, Surf City Volunteer Fire Co 1 has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Surf City Volunteer Fire Co 1's revenue in 2023?
In the 202312 filing period, Surf City Volunteer Fire Co 1 reported total revenue of $600,083, total expenses of $440,475, and net assets of $1,194,852.
Is Surf City Volunteer Fire Co 1's revenue growing or declining?
Surf City Volunteer Fire Co 1's revenue is growing. Revenue went from $291,298 (202212) to $600,083 (202312), a +106.0% change. Based on 13 filings on record.
What is Surf City Volunteer Fire Co 1's most recent 990 filing?
The most recent IRS Form 990 filing for Surf City Volunteer Fire Co 1 covers tax period 202312. It shows revenue of $600,083, expenses of $440,475, total assets of $1,194,852, and liabilities of N/A.
How much does Surf City Volunteer Fire Co 1 spend on programs vs administration?
Based on IRS 990 analysis, Surf City Volunteer Fire Co 1 allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Surf City Volunteer Fire Co 1 a trustworthy charity?
Based on AI analysis of IRS 990 data, Surf City Volunteer Fire Co 1 appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Surf City Volunteer Fire Co 1's strengths?
Positive indicators for Surf City Volunteer Fire Co 1 include: Consistent revenue growth, with a significant jump to $593,932 in 2023.. Strong asset accumulation, demonstrating good financial management.. Low administrative and fundraising costs, maximizing funds for programs.. Zero reported liabilities in recent years, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Surf City Volunteer Fire Co 1 compensate executives?
Executive compensation is not reported, indicating a volunteer-led organization, which is common for volunteer fire companies. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial increase in revenue from $291,298 in 2022 to $593,932 in 2023?
The provided data does not specify the exact sources of revenue, but such a significant increase could be due to a major fundraising campaign, a large grant, or increased community support.
Filing History
IRS 990 filing history for Surf City Volunteer Fire Co 1 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Surf City Volunteer Fire Co 1's revenue has grown by 356.7%, moving from $131K to $600K. Total assets increased by 38.2% over the same period, from $865K to $1.2M. Total functional expenses rose by 213.1%, from $141K to $440K. In its most recent filing year (2023), Surf City Volunteer Fire Co 1 reported a surplus of $160K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $600K | $440K | $1.2M | $0 | — | — |
| 2022 | $291K | $184K | $1.0M | $0 | — | View 990 |
| 2021 | $246K | $260K | $928K | $0 | — | View 990 |
| 2020 | $170K | $164K | $942K | $0 | — | — |
| 2019 | $173K | $167K | $956K | $20K | — | View 990 |
| 2018 | $161K | $171K | $971K | $40K | — | View 990 |
| 2017 | $183K | $178K | $1.0M | $61K | — | View 990 |
| 2016 | $204K | $277K | $936K | $0 | — | View 990 |
| 2015 | $187K | $163K | $1.0M | $0 | — | View 990 |
| 2014 | $192K | $163K | $974K | $0 | — | View 990 |
| 2013 | $238K | $173K | $945K | $0 | — | View 990 |
| 2012 | $156K | $141K | $880K | $0 | — | View 990 |
| 2011 | $131K | $141K | $865K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $600K, expenses of $440K, and assets of $1.2M (revenue +106.0% year-over-year).
- 2022: Revenue of $291K, expenses of $184K, and assets of $1.0M (revenue +18.4% year-over-year).
- 2021: Revenue of $246K, expenses of $260K, and assets of $928K (revenue +44.3% year-over-year).
- 2020: Revenue of $170K, expenses of $164K, and assets of $942K (revenue -1.4% year-over-year).
- 2019: Revenue of $173K, expenses of $167K, and assets of $956K (revenue +7.7% year-over-year).
- 2018: Revenue of $161K, expenses of $171K, and assets of $971K (revenue -12.2% year-over-year).
- 2017: Revenue of $183K, expenses of $178K, and assets of $1.0M (revenue -10.2% year-over-year).
- 2016: Revenue of $204K, expenses of $277K, and assets of $936K (revenue +8.9% year-over-year).
- 2015: Revenue of $187K, expenses of $163K, and assets of $1.0M (revenue -2.4% year-over-year).
- 2014: Revenue of $192K, expenses of $163K, and assets of $974K (revenue -19.5% year-over-year).
- 2013: Revenue of $238K, expenses of $173K, and assets of $945K (revenue +53.0% year-over-year).
- 2012: Revenue of $156K, expenses of $141K, and assets of $880K (revenue +18.6% year-over-year).
- 2011: Revenue of $131K, expenses of $141K, and assets of $865K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Surf City Volunteer Fire Co 1:
Data Sources and Methodology
This transparency report for Surf City Volunteer Fire Co 1 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.