Monmouth Beach First Aid Squad Inc

EIN: 237360684 501(c)(3)

Monmouth Beach, NJ

Total Revenue
$141,602
Total Expenses
$105,957
Total Assets
$603,856
Net Assets
$603,856
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NJ
Principal Officer
William Schatzow
Phone
7328595342
Tax Period
2025-01-01 to 2025-12-31

Monmouth Beach First Aid Squad Inc, founded in 1958, is a small nonprofit that reported $142K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $36K, a strong 25% operating margin.

Mission

The organization provides emergency medical services to the residents of Monmouth beach and the surrounding communities.It also provides emergency response training and education. In 2025, the organization responded to calls 24 hours,365 days of the year totaling more than 345 incidents

Program Service Accomplishments

Program 1
Expenses: $86,695 Revenue: $136,812

Only one program service. See Line 1 above

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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 $136,812
Program Service Revenue $0
Investment Income $4,790
Other Revenue $0
TOTAL REVENUE $141,602

Expense Breakdown

Grants Paid $2,350
Salaries & Benefits $0
Fundraising Expenses $3,207
Program Expenses $86,695
Other Expenses $100,400
TOTAL EXPENSES $105,957

Year-over-Year Comparison

2025 2024 Change
Revenue $141,602 $160,670 -0.1%
Expenses $105,957 $117,224 -0.1%
Net Income $35,645 $43,446 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
30

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
8
$0
Total Directors
4
$2,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alissa Berse President 10.00
Officer
$0 $0 $0
Kevin Keeshan Chaplain 10.00
Officer
$0 $0 $0
Brian Rose Vice President 10.00
Officer
$0 $0 $0
William Schatzow Treasurer 10.00
Officer
$0 $0 $0
Kevin Keeshan Trustee 10.00
Director
$0 $0 $0
Peter Kulvacki Trustee 10.00
Director
$0 $0 $0
Craig Ryan Trustee 10.00
Director
$0 $0 $0
Nicole Volpe Secretary/Education Officer 10.00
Officer
$0 $0 $0
Ken Lavelle MD Medical Director 1.00
Director
$2,200 $0 $2,200
Lisa Costello Captain 10.00
Officer
$0 $0 $0
David Estelle 1st Lieutenant/Chaplain 10.00
Officer
$0 $0 $0
Kevin Keeshen 2nd Lieutenant 10.00
Officer
$0 $0 $0
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 $141,602 $105,957 $603,856 $35,645
2024 $160,670 $117,224 $567,616 $43,446
2023 $108,015 $157,735 $523,997 $-49,720
2022 $122,415 $111,018 $564,451 $11,397
2021 $133,959 $93,577 $556,437 $40,382
2020 $144,960 $106,037 $538,230 $38,923
2019 $102,886 $103,346 $499,306 $-460
2018 $181,292 $108,882 $507,891 $72,410
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