Three Bridges Vol Fire Co 1 Inc
Three Bridges Vol Fire Co 1 Inc: Steady Revenue, Lean Operations
EIN: 222776303 · Three Bridges, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $103K |
| Program Spending | 70% |
| Net Assets | $414K |
| Transparency Score | 75/100 |
Is Three Bridges Vol Fire Co 1 Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Three Bridges Vol Fire Co 1 Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Three Bridges Vol Fire Co 1 Inc
Three Bridges Vol Fire Co 1 Inc (EIN: 222776303) is a nonprofit organization based in Three Bridges, NJ. The organization reported total revenue of $213K and total assets of $464K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Three Bridges Vol Fire Co 1 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Three Bridges Vol Fire Co 1 Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $103K |
| Surplus / Deficit | +$55K |
| Total Assets | $414K |
| Net Assets | $414K |
| Operating Margin | 34.7% |
| Months of Reserves | 48.3 months |
Financial Health Grade: A
In 2023, Three Bridges Vol Fire Co 1 Inc reported a surplus of $55K with revenue exceeding expenses, holds 48.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Three Bridges Vol Fire Co 1 Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | -24.4% | +15.2% |
| 2022 | -9.7% | +2.4% | +1.3% |
| 2021 | +15.2% | -1.9% | +44.9% |
| 2020 | +13.2% | -25.2% | +6.4% |
| 2019 | -23.8% | -9.4% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Three Bridges Vol Fire Co 1 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Three Bridges Vol Fire Co 1 Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $55K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported on available Form 990 filings, suggesting no officers or key employees receive compensation above the reporting threshold.
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 Three Bridges Vol Fire Co 1 Inc:
- Consistent revenue stream over the past several years, averaging around $150,000-$170,000 annually.
- Strong asset growth, increasing from $230,273 in 2019 to $414,083 in 2023.
- Zero reported liabilities across all available filings, indicating excellent financial stability.
- Low overhead, with expenses consistently below revenue in recent years.
Frequently Asked Questions about Three Bridges Vol Fire Co 1 Inc
Is Three Bridges Vol Fire Co 1 Inc a legitimate charity?
Three Bridges Vol Fire Co 1 Inc (EIN: 222776303) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $213K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Three Bridges Vol Fire Co 1 Inc spend its money?
Three Bridges Vol Fire Co 1 Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Three Bridges Vol Fire Co 1 Inc tax-deductible?
Three Bridges Vol Fire Co 1 Inc is registered as a tax-exempt nonprofit (EIN: 222776303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Three Bridges Vol Fire Co 1 Inc's spending goes to programs?
Three Bridges Vol Fire Co 1 Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Three Bridges Vol Fire Co 1 Inc located?
Three Bridges Vol Fire Co 1 Inc is headquartered in Three Bridges, New Jersey and files with the IRS under EIN 222776303.
How many years of IRS 990 filings does Three Bridges Vol Fire Co 1 Inc have?
Three Bridges Vol Fire Co 1 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 $213K in total revenue.
What does Three Bridges Vol Fire Co 1 Inc do?
Three Bridges Vol Fire Co 1 Inc is a nonprofit organization in the Unknown sector, located in Three Bridges, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Three Bridges Vol Fire Co 1 Inc have?
Three Bridges Vol Fire Co 1 Inc reported total revenue of $213,480. Based on 13 IRS 990 filings on record.
What are Three Bridges Vol Fire Co 1 Inc's total assets?
Three Bridges Vol Fire Co 1 Inc holds total assets of $463,811 as reported in IRS 990 filings.
Where is Three Bridges Vol Fire Co 1 Inc located?
Three Bridges Vol Fire Co 1 Inc is based in Three Bridges, New Jersey.
What is Three Bridges Vol Fire Co 1 Inc's EIN?
Three Bridges Vol Fire Co 1 Inc's Employer Identification Number (EIN) is 222776303. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Three Bridges Vol Fire Co 1 Inc?
Three Bridges Vol Fire Co 1 Inc is classified under NTEE code Unknown (Unknown).
Is Three Bridges Vol Fire Co 1 Inc a registered 501(c)(3)?
Three Bridges Vol Fire Co 1 Inc appears in IRS records (EIN: 222776303). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Three Bridges Vol Fire Co 1 Inc file IRS Form 990?
Yes, Three Bridges Vol Fire Co 1 Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Three Bridges Vol Fire Co 1 Inc's revenue in 2023?
In the 202312 filing period, Three Bridges Vol Fire Co 1 Inc reported total revenue of $157,309, total expenses of $102,792, and net assets of $414,083.
Is Three Bridges Vol Fire Co 1 Inc's revenue growing or declining?
Three Bridges Vol Fire Co 1 Inc's revenue is relatively stable. Revenue went from $156,049 (202212) to $157,309 (202312), a +0.8% change. Based on 13 filings on record.
What is Three Bridges Vol Fire Co 1 Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Three Bridges Vol Fire Co 1 Inc covers tax period 202312. It shows revenue of $157,309, expenses of $102,792, total assets of $414,083, and liabilities of N/A.
How much does Three Bridges Vol Fire Co 1 Inc spend on programs vs administration?
Based on IRS 990 analysis, Three Bridges Vol Fire Co 1 Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Three Bridges Vol Fire Co 1 Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Three Bridges Vol Fire Co 1 Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Three Bridges Vol Fire Co 1 Inc's strengths?
Positive indicators for Three Bridges Vol Fire Co 1 Inc include: Consistent revenue stream over the past several years, averaging around $150,000-$170,000 annually.. Strong asset growth, increasing from $230,273 in 2019 to $414,083 in 2023.. Zero reported liabilities across all available filings, indicating excellent financial stability.. Low overhead, with expenses consistently below revenue in recent years.. These findings are derived from AI analysis of the organization's financial filings.
How does Three Bridges Vol Fire Co 1 Inc compensate executives?
Executive compensation is not reported on available Form 990 filings, suggesting no officers or key employees receive compensation above the reporting threshold. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Three Bridges Vol Fire Co 1 Inc?
• Financial statements are publicly available through IRS Form 990 filings. • The organization consistently reports zero liabilities, indicating strong financial health. • No specific transparency report or detailed program impact report is readily available beyond tax filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent revenue and asset growth, what are the primary sources of funding for Three Bridges Vol Fire Co 1 Inc, and how are these funds being allocated to support their mission?
Based on the available data, the primary sources of funding are not explicitly detailed beyond 'revenue' in the summary. However, the consistent revenue suggests stable community support, likely through donations, grants, or local fundraising efforts. The allocation appears to prioritize operational expenses, with a significant portion implicitly supporting direct fire services and equipment maintenance, given the nature of a volunteer fire company and the absence of large administrative or fundraising costs.
With zero reported liabilities and significant asset growth, what is the organization's long-term strategy for utilizing its accumulated assets to enhance its community services or operational capacity?
The consistent accumulation of assets, reaching $414,083 in 2023, without corresponding liabilities, suggests a conservative financial approach. While a specific strategy isn't detailed in the provided data, it's probable these assets are being built for future capital expenditures, such as purchasing new fire apparatus, facility upgrades, or establishing an endowment to ensure long-term sustainability and readiness for community emergencies.
Filing History
IRS 990 filing history for Three Bridges Vol Fire Co 1 Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Three Bridges Vol Fire Co 1 Inc's revenue has grown by 9.7%, moving from $143K to $157K. Total assets increased by 26.6% over the same period, from $327K to $414K. Total functional expenses fell by 29.8%, from $146K to $103K. In its most recent filing year (2023), Three Bridges Vol Fire Co 1 Inc reported a surplus of $55K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $103K | $414K | $0 | — | View 990 |
| 2022 | $156K | $136K | $360K | $0 | — | View 990 |
| 2021 | $173K | $133K | $355K | $0 | — | View 990 |
| 2020 | $150K | $135K | $245K | $0 | — | View 990 |
| 2019 | $133K | $181K | $230K | $0 | — | View 990 |
| 2018 | $174K | $200K | $245K | $0 | — | View 990 |
| 2017 | $164K | $172K | $324K | $0 | — | View 990 |
| 2016 | $141K | $163K | $359K | $11K | — | View 990 |
| 2015 | $157K | $212K | $377K | $0 | — | View 990 |
| 2014 | $369K | $361K | $412K | $14K | — | View 990 |
| 2013 | $139K | $134K | $372K | $42K | — | View 990 |
| 2012 | $146K | $123K | $348K | $2K | — | View 990 |
| 2011 | $143K | $146K | $327K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $103K, and assets of $414K (revenue +0.8% year-over-year).
- 2022: Revenue of $156K, expenses of $136K, and assets of $360K (revenue -9.7% year-over-year).
- 2021: Revenue of $173K, expenses of $133K, and assets of $355K (revenue +15.2% year-over-year).
- 2020: Revenue of $150K, expenses of $135K, and assets of $245K (revenue +13.2% year-over-year).
- 2019: Revenue of $133K, expenses of $181K, and assets of $230K (revenue -23.8% year-over-year).
- 2018: Revenue of $174K, expenses of $200K, and assets of $245K (revenue +6.2% year-over-year).
- 2017: Revenue of $164K, expenses of $172K, and assets of $324K (revenue +16.2% year-over-year).
- 2016: Revenue of $141K, expenses of $163K, and assets of $359K (revenue -10.2% year-over-year).
- 2015: Revenue of $157K, expenses of $212K, and assets of $377K (revenue -57.5% year-over-year).
- 2014: Revenue of $369K, expenses of $361K, and assets of $412K (revenue +165.6% year-over-year).
- 2013: Revenue of $139K, expenses of $134K, and assets of $372K (revenue -4.9% year-over-year).
- 2012: Revenue of $146K, expenses of $123K, and assets of $348K (revenue +1.9% year-over-year).
- 2011: Revenue of $143K, expenses of $146K, and assets of $327K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Three Bridges Vol Fire Co 1 Inc:
Data Sources and Methodology
This transparency report for Three Bridges Vol Fire Co 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.