Whiting Volunteer First Aid Squad Inc
Whiting Volunteer First Aid Squad Inc: Declining Revenue, Stable Assets
EIN: 222101042 · Whiting, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $634K |
| Total Expenses | $272K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.3M |
| Transparency Score | 75/100 |
Is Whiting Volunteer 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 →
Whiting Volunteer First Aid Squad Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Whiting Volunteer First Aid Squad Inc
Whiting Volunteer First Aid Squad Inc (EIN: 222101042) is a nonprofit organization based in Whiting, NJ. The organization reported total revenue of $634K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whiting Volunteer First Aid Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Whiting Volunteer First Aid Squad Inc is a small nonprofit that has been operating for 51 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $272K |
| Surplus / Deficit | $-38,586 |
| Total Assets | $1.3M |
| Total Liabilities | $11K |
| Net Assets | $1.3M |
| Operating Margin | -16.5% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 57.0 months |
Financial Health Grade: B
In 2020, Whiting Volunteer First Aid Squad Inc reported a deficit of $39K with expenses exceeding revenue, holds 57.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Whiting Volunteer First Aid Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +36.7% | +17.0% | -2.1% |
| 2019 | -49.0% | +4.9% | -3.2% |
| 2018 | +191.1% | +6.1% | +7.6% |
| 2017 | +8.3% | +3.6% | -7.0% |
| 2016 | -1.8% | -2.2% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Whiting Volunteer First Aid 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, Whiting Volunteer 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.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer leadership structure.
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 Whiting Volunteer First Aid Squad Inc's IRS 990 filings:
- Total revenue has shown a significant decline from $335,145 in 2018 to $63,350 in 2020, raising concerns about long-term financial sustainability.
- Expenses consistently exceed revenue in recent years, with $272,069 in expenses against $63,350 in revenue in 2020, leading to a draw on assets.
Strengths
The following positive indicators were identified for Whiting Volunteer First Aid Squad Inc:
- The organization maintains a substantial asset base, with $1,292,867 in 2020, providing a buffer despite revenue declines.
- A fully volunteer-run model (0% executive compensation) demonstrates a strong commitment to maximizing resources for mission-related activities.
- Low liabilities, consistently around $11,000-$17,000, indicate sound financial management and minimal debt burden.
Frequently Asked Questions about Whiting Volunteer First Aid Squad Inc
Is Whiting Volunteer First Aid Squad Inc a legitimate charity?
Whiting Volunteer First Aid Squad Inc (EIN: 222101042) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $634K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Whiting Volunteer First Aid Squad Inc spend its money?
Whiting Volunteer First Aid Squad Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Whiting Volunteer First Aid Squad Inc tax-deductible?
Whiting Volunteer First Aid Squad Inc is registered as a tax-exempt nonprofit (EIN: 222101042). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Whiting Volunteer First Aid Squad Inc CEO make?
Whiting Volunteer First Aid Squad Inc's highest-compensated officer earns $0 annually. The organization reported $634K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Whiting Volunteer First Aid Squad Inc's spending goes to programs?
Whiting Volunteer First Aid Squad Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Whiting Volunteer First Aid Squad Inc located?
Whiting Volunteer First Aid Squad Inc is headquartered in Whiting, New Jersey and files with the IRS under EIN 222101042.
How many years of IRS 990 filings does Whiting Volunteer First Aid Squad Inc have?
Whiting Volunteer First Aid Squad Inc has 10 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 $634K in total revenue.
What does Whiting Volunteer First Aid Squad Inc do?
Whiting Volunteer First Aid Squad Inc is a nonprofit organization in the Unknown sector, located in Whiting, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Whiting Volunteer First Aid Squad Inc have?
Whiting Volunteer First Aid Squad Inc reported total revenue of $633,506. Based on 10 IRS 990 filings on record.
What are Whiting Volunteer First Aid Squad Inc's total assets?
Whiting Volunteer First Aid Squad Inc holds total assets of $1,292,867 as reported in IRS 990 filings.
Where is Whiting Volunteer First Aid Squad Inc located?
Whiting Volunteer First Aid Squad Inc is based in Whiting, New Jersey.
What is Whiting Volunteer First Aid Squad Inc's EIN?
Whiting Volunteer First Aid Squad Inc's Employer Identification Number (EIN) is 222101042. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Whiting Volunteer First Aid Squad Inc?
Whiting Volunteer First Aid Squad Inc is classified under NTEE code Unknown (Unknown).
Is Whiting Volunteer First Aid Squad Inc a registered 501(c)(3)?
Whiting Volunteer First Aid Squad Inc appears in IRS records (EIN: 222101042). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Whiting Volunteer First Aid Squad Inc file IRS Form 990?
Yes, Whiting Volunteer First Aid Squad Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202010.
What was Whiting Volunteer First Aid Squad Inc's revenue in 2020?
In the 202010 filing period, Whiting Volunteer First Aid Squad Inc reported total revenue of $233,483, total expenses of $272,069, and net assets of $1,292,867.
Is Whiting Volunteer First Aid Squad Inc's revenue growing or declining?
Whiting Volunteer First Aid Squad Inc's revenue is growing. Revenue went from $170,824 (201910) to $233,483 (202010), a +36.7% change. Based on 10 filings on record.
What is Whiting Volunteer First Aid Squad Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Whiting Volunteer First Aid Squad Inc covers tax period 202010. It shows revenue of $233,483, expenses of $272,069, total assets of $1,292,867, and liabilities of $11,229.
How much does Whiting Volunteer First Aid Squad Inc spend on programs vs administration?
Based on IRS 990 analysis, Whiting Volunteer 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 Whiting Volunteer First Aid Squad Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Whiting Volunteer First Aid Squad Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Whiting Volunteer First Aid Squad Inc?
The following concerns were identified: Total revenue has shown a significant decline from $335,145 in 2018 to $63,350 in 2020, raising concerns about long-term financial sustainability.. Expenses consistently exceed revenue in recent years, with $272,069 in expenses against $63,350 in revenue in 2020, leading to a draw on assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Whiting Volunteer First Aid Squad Inc's strengths?
Positive indicators for Whiting Volunteer First Aid Squad Inc include: The organization maintains a substantial asset base, with $1,292,867 in 2020, providing a buffer despite revenue declines.. A fully volunteer-run model (0% executive compensation) demonstrates a strong commitment to maximizing resources for mission-related activities.. Low liabilities, consistently around $11,000-$17,000, indicate sound financial management and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Whiting Volunteer First Aid Squad Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer leadership structure. 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% compensation for all key personnel, how does the organization sustain its operational leadership and administrative functions?
The consistent 0% compensation suggests that all leadership and administrative roles are filled by volunteers, relying on dedicated community members to manage the organization without drawing salaries.
What strategies are being implemented to address the significant and ongoing decline in total revenue, which has fallen from $335,145 in 2018 to $63,350 in 2020?
The filings do not detail specific strategies, but the trend indicates a need for new fundraising initiatives or a re-evaluation of funding sources to ensure long-term viability given the substantial drop in income.
Filing History
IRS 990 filing history for Whiting Volunteer First Aid Squad Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Whiting Volunteer First Aid Squad Inc's revenue has grown by 45.6%, moving from $160K to $233K. Total assets decreased by 24.8% over the same period, from $1.7M to $1.3M. Total functional expenses rose by 33.8%, from $203K to $272K. In its most recent filing year (2020), Whiting Volunteer First Aid Squad Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $11K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $233K | $272K | $1.3M | $11K | — | View 990 |
| 2019 | $171K | $233K | $1.3M | $12K | — | View 990 |
| 2018 | $335K | $222K | $1.4M | $12K | — | View 990 |
| 2017 | $115K | $209K | $1.3M | $13K | — | — |
| 2016 | $106K | $202K | $1.4M | $17K | — | View 990 |
| 2015 | $108K | $206K | $1.5M | $14K | — | View 990 |
| 2014 | $141K | $203K | $1.6M | $13K | — | View 990 |
| 2013 | $191K | $226K | $1.6M | $20K | — | View 990 |
| 2012 | $165K | $230K | $1.7M | $10K | — | View 990 |
| 2011 | $160K | $203K | $1.7M | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $233K, expenses of $272K, and assets of $1.3M (revenue +36.7% year-over-year).
- 2019: Revenue of $171K, expenses of $233K, and assets of $1.3M (revenue -49.0% year-over-year).
- 2018: Revenue of $335K, expenses of $222K, and assets of $1.4M (revenue +191.1% year-over-year).
- 2017: Revenue of $115K, expenses of $209K, and assets of $1.3M (revenue +8.3% year-over-year).
- 2016: Revenue of $106K, expenses of $202K, and assets of $1.4M (revenue -1.8% year-over-year).
- 2015: Revenue of $108K, expenses of $206K, and assets of $1.5M (revenue -23.4% year-over-year).
- 2014: Revenue of $141K, expenses of $203K, and assets of $1.6M (revenue -25.8% year-over-year).
- 2013: Revenue of $191K, expenses of $226K, and assets of $1.6M (revenue +15.5% year-over-year).
- 2012: Revenue of $165K, expenses of $230K, and assets of $1.7M (revenue +2.8% year-over-year).
- 2011: Revenue of $160K, expenses of $203K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Whiting Volunteer First Aid Squad Inc:
Data Sources and Methodology
This transparency report for Whiting Volunteer 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.