NEW JERSEY STATE FIREMENS LAWRENCE TWSP

EIN: 237081684

LAWRENCEVILLE, NJ

Total Revenue
$247,612
Total Expenses
$172,975
Total Assets
$1,249,063
Net Assets
$1,249,063
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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
1914
Legal Domicile
NJ
Principal Officer
RAYMOND NAGY
Phone
6097430264
Tax Period
2024-01-01 to 2024-12-31

NEW JERSEY STATE FIREMENS LAWRENCE TWSP, founded in 1914, is a small nonprofit that reported $248K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 30% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT TO NEEDY OR INDIGENT FIREFIGHTERS AND/OR THEIR FAMILIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $195,462
Investment Income $14,985
Other Revenue $37,165
TOTAL REVENUE $247,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,950
Fundraising Expenses $0
Program Expenses $150,286
Other Expenses $147,525
TOTAL EXPENSES $172,975

Year-over-Year Comparison

2024 2023 Change
Revenue $247,612 $168,614 +0.5%
Expenses $172,975 $114,660 +0.5%
Net Income $74,637 $53,954 +0.4%
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
19
Independent Members
19
Employees
N/A
Volunteers
19

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
4
$11,500
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY M WASKO PRESIDENT 1.00
Officer
$1,000 $0 $1,000
DONALD HUBER VICE PRESIDENT 1.00
Officer
$500 $0 $500
JAMES YATES SECRETARY 4.00
Officer
$5,000 $0 $5,000
RAYMOND L NAGY TREASURER 4.00
Officer
$5,000 $0 $5,000
DAVID K MOORE REPRESENTATIVE 1.00
$125 $0 $125
PATRICK KENT REPRESENTATIVE 1.00
$200 $0 $200
JOHNATHAN FLEMING REPRESENTATIVE 1.00
$150 $0 $150
RICHARD C JOHNSON REPRESENTATIVE 1.00
$175 $0 $175
JAMES MACHEDA REPRESENTATIVE 1.00
$100 $0 $100
ADAM SZYSZKO REPRESENTATIVE 1.00
$125 $0 $125
WAYNE M HANNON JR REPRESENTATIVE 1.00
$25 $0 $25
JOSEPH M DLABIKJR TRUSTEE 1.00
$200 $0 $200
RYAN P DLABIK TRUSTEE 1.00
$200 $0 $200
CHRISTOPHER M DLABIK TRUSTEE 1.00
$175 $0 $175
JOSEPH G HUBER JR TRUSTEE 1.00
$200 $0 $200
DAVID E BURNS TRUSTEE 1.00
$150 $0 $150
KELLY A WRIGHT TRUSTEE 1.00
$200 $0 $200
ROBERT M SANTELLO TRUSTEE 1.00
$100 $0 $100
MICHAEL J RATCLIFFE TRUSTEE 1.00
$175 $0 $175
TODD P LENARSKI TRUSTEE 1.00
$125 $0 $125
RAYMOND H JOLLY TRUSTEE 1.00
$25 $0 $25
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
2024 $247,612 $172,975 $1,249,063 $74,637
2023 $168,614 $114,660 $1,174,426 $53,954
2022 $101,169 $112,066 $1,108,145 $-10,897
2021 $100,604 $101,106 $1,154,630 $-502
2020 $108,473 $101,138 $1,166,752 $7,335
2019 $107,973 $80,104 $1,158,944 $27,869
2018 $91,832 $72,048 $1,117,346 $19,784
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