Westmont Fire Company No 1
Westmont Fire Company No 1 consistently operates with volunteer leadership and stable finances, reducing liabilities over the past decade.
EIN: 210685814 · Haddon Twp, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $293K |
| Total Expenses | $286K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $728K |
| Transparency Score | 90/100 |
Is Westmont Fire Company No 1 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westmont Fire Company No 1 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westmont Fire Company No 1
Westmont Fire Company No 1 (EIN: 210685814) is a nonprofit organization based in Haddon Twp, NJ. The organization reported total revenue of $293K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westmont Fire Company No 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westmont Fire Company No 1 is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $417K |
| Total Expenses | $286K |
| Surplus / Deficit | +$131K |
| Total Assets | $1.5M |
| Total Liabilities | $809K |
| Net Assets | $728K |
| Operating Margin | 31.4% |
| Debt-to-Asset Ratio | 52.6% |
| Months of Reserves | 64.4 months |
Financial Health Grade: A
In 2023, Westmont Fire Company No 1 reported a surplus of $131K with revenue exceeding expenses, holds 64.4 months of operating reserves (strong position), has a debt-to-asset ratio of 52.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Westmont Fire Company No 1's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.6% | +9.7% | +4.9% |
| 2022 | +5.1% | +3.0% | +0.2% |
| 2021 | -3.8% | -36.5% | -0.1% |
| 2020 | -1.2% | +50.5% | -8.4% |
| 2019 | -7.6% | -20.8% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Westmont Fire Company No 1 with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Westmont Fire Company No 1 allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $131K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets exceeding $1.5 million.
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 Westmont Fire Company No 1's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Westmont Fire Company No 1:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Significant reduction in liabilities over the past decade, from $1,266,231 in 2014 to $808,693 in 2023.
- Revenues consistently exceeding expenses in recent years (e.g., $417,320 revenue vs. $286,206 expenses in 2023), leading to financial surpluses.
- Stable asset base, reported at $1,536,344 in 2023, providing financial security.
- Consistent and timely IRS 990 filings, demonstrating good transparency.
Frequently Asked Questions about Westmont Fire Company No 1
Is Westmont Fire Company No 1 a legitimate charity?
Based on AI analysis of IRS 990 filings, Westmont Fire Company No 1 (EIN: 210685814) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Westmont Fire Company No 1 spend its money?
Westmont Fire Company No 1 directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Westmont Fire Company No 1 tax-deductible?
Westmont Fire Company No 1 is registered as a tax-exempt nonprofit (EIN: 210685814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Westmont Fire Company No 1 CEO make?
Westmont Fire Company No 1's highest-compensated officer earns $1.5 annually. The organization reported $293K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Westmont Fire Company No 1 located?
Westmont Fire Company No 1 is headquartered in Haddon Twp, New Jersey and files with the IRS under EIN 210685814.
How many years of IRS 990 filings does Westmont Fire Company No 1 have?
Westmont Fire Company No 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 $293K in total revenue.
Is Westmont Fire Company No 1 a good charity?
Based on the available data, Westmont Fire Company No 1 appears to be a good charity. It consistently operates with volunteer leadership (0% officer compensation), maintains a stable financial position with revenues often exceeding expenses, and has significantly reduced its liabilities over the past decade, indicating responsible financial management.
How has the organization's financial health changed over time?
The organization's financial health has generally improved. While assets have fluctuated, liabilities have steadily decreased from $1,266,231 in 2014 to $808,693 in 2023, and revenues have mostly exceeded expenses in recent years, leading to a surplus (e.g., $417,320 revenue vs. $286,206 expenses in 2023).
What is the organization's approach to executive compensation?
Westmont Fire Company No 1 has a volunteer-based leadership structure, as evidenced by 0% officer compensation reported in all available IRS 990 filings. This means no salaries are paid to its officers, which is a strong indicator of dedication and efficient use of funds.
Filing History
IRS 990 filing history for Westmont Fire Company No 1 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Westmont Fire Company No 1's revenue has grown by 94.8%, moving from $214K to $417K. Total assets increased by 11.6% over the same period, from $1.4M to $1.5M. Total functional expenses rose by 8.2%, from $265K to $286K. In its most recent filing year (2023), Westmont Fire Company No 1 reported a surplus of $131K, with revenue exceeding expenses. The organization holds $809K in liabilities against $1.5M in assets (debt-to-asset ratio: 52.6%), resulting in net assets of $728K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $417K | $286K | $1.5M | $809K | — | View 990 |
| 2022 | $322K | $261K | $1.5M | $869K | — | View 990 |
| 2021 | $306K | $253K | $1.5M | $926K | — | View 990 |
| 2020 | $318K | $399K | $1.5M | $981K | — | View 990 |
| 2019 | $322K | $265K | $1.6M | $1.0M | — | View 990 |
| 2018 | $349K | $335K | $1.6M | $1.1M | — | View 990 |
| 2017 | $343K | $330K | $1.6M | $1.1M | — | View 990 |
| 2016 | $307K | $272K | $1.7M | $1.2M | — | View 990 |
| 2015 | $322K | $373K | $1.7M | $1.2M | — | View 990 |
| 2014 | $290K | $321K | $1.8M | $1.3M | — | View 990 |
| 2013 | $303K | $300K | $1.3M | $808K | — | View 990 |
| 2012 | $269K | $217K | $1.4M | $859K | — | View 990 |
| 2011 | $214K | $265K | $1.4M | $907K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $417K, expenses of $286K, and assets of $1.5M (revenue +29.6% year-over-year).
- 2022: Revenue of $322K, expenses of $261K, and assets of $1.5M (revenue +5.1% year-over-year).
- 2021: Revenue of $306K, expenses of $253K, and assets of $1.5M (revenue -3.8% year-over-year).
- 2020: Revenue of $318K, expenses of $399K, and assets of $1.5M (revenue -1.2% year-over-year).
- 2019: Revenue of $322K, expenses of $265K, and assets of $1.6M (revenue -7.6% year-over-year).
- 2018: Revenue of $349K, expenses of $335K, and assets of $1.6M (revenue +1.6% year-over-year).
- 2017: Revenue of $343K, expenses of $330K, and assets of $1.6M (revenue +11.7% year-over-year).
- 2016: Revenue of $307K, expenses of $272K, and assets of $1.7M (revenue -4.7% year-over-year).
- 2015: Revenue of $322K, expenses of $373K, and assets of $1.7M (revenue +11.2% year-over-year).
- 2014: Revenue of $290K, expenses of $321K, and assets of $1.8M (revenue -4.5% year-over-year).
- 2013: Revenue of $303K, expenses of $300K, and assets of $1.3M (revenue +12.6% year-over-year).
- 2012: Revenue of $269K, expenses of $217K, and assets of $1.4M (revenue +25.8% year-over-year).
- 2011: Revenue of $214K, expenses of $265K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westmont Fire Company No 1:
Data Sources and Methodology
This transparency report for Westmont Fire Company No 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.