New Jersey State Firemens Assoc-Morris Plains

EIN: 222319454

Morris Plains, NJ

Total Revenue
$103,682
Total Expenses
$85,710
Total Assets
$556,990
Net Assets
$556,990
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
NJ
Principal Officer
Thomas J Rulon
Phone
8625790549
Tax Period
2025-01-01 to 2025-12-31

New Jersey State Firemens Assoc-Morris Plains, founded in 1927, is a small nonprofit that reported $104K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $18K, a strong 17% operating margin.

Mission

Assist firefighters and their families in times of need

Program Service Accomplishments

Program 1
Expenses: $61,239 Revenue: $0

Assessments retained by State Association are used to pay burial benefits, operate Firemens Home in Booton, NJ, and provide special financial and health care assistance to firefighters and their...

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Assessments retained by State Association are used to pay burial benefits, operate Firemens Home in Booton, NJ, and provide special financial and health care assistance to firefighters and their families.

Program 2
Expenses: $7,330 Revenue: $0

Payment of direct financial assistance to firefighters or their widows in time of financial need.

Program 3
Expenses: $9,129 Revenue: $0

Reimbursement of expenses to Delegates and Life Members who attended the annual convention of the NJSFA in Wildwood, NJ.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $82,131
Investment Income $21,551
Other Revenue $0
TOTAL REVENUE $103,682

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,756
Fundraising Expenses $0
Program Expenses $77,698
Other Expenses $70,624
TOTAL EXPENSES $85,710

Year-over-Year Comparison

2025 2024 Change
Revenue $103,682 $90,670 +0.1%
Expenses $85,710 $72,194 +0.2%
Net Income $17,972 $18,476 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
80

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$5,406
Total Directors
7
$2,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Rulon Treasurer 2.50
Officer
$0 $2,754 $2,754
Mark Belles Secretary 2.50
Officer
$0 $2,652 $2,652
Kevin Rongo Representative 1.00
Director
$0 $350 $350
Philip Wilk Representative 1.00
Director
$0 $350 $350
Micahel C Shay Representative 1.00
Director
$0 $350 $350
Terrence Carroll Representative 1.00
Director
$0 $350 $350
Michael Shay Representative 1.00
Director
$0 $400 $400
John Boudreau Representative 1.00
Director
$0 $200 $200
Mark Vanorden Representative 1.00
Director
$0 $350 $350
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $103,682 $85,710 $556,990 $17,972
2024 $90,669 $72,194 $539,018 $18,475
2023 $71,666 $52,950 $520,543 $18,716
2022 $70,840 $53,699 $501,827 $17,141
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