NEW JERSEY STATE FIREMENS ASSOCIATION (EIN 510233596) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1923

Legal Domicile

Phone

9737295414

Tax Period

2024-01-01 to 2024-12-31

NEW JERSEY STATE FIREMENS ASSOCIATION, founded in 1923, is a small nonprofit that reported $303K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $77K, a strong 25% operating margin.

Mission

PROVIDING RELIEF TO MEMBERS AND OR FAMILY MEMBERS OF TRHE SPARTA TOWNSHIP FIRE DEPARTMENT IN NEED.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,788

Other Revenue $298,735

TOTAL REVENUE $302,523

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,300

Fundraising Expenses $0

Program Expenses $0

Other Expenses $219,196

TOTAL EXPENSES $225,496

Year-over-Year Comparison

	2024	2023	Change
Revenue	$302,523	$205,007	+0.5%
Expenses	$225,496	$135,256	+0.7%
Net Income	$77,027	$69,751	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$3,900

Total Directors

Key Employees

$1,200

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FARRELL	PRESIDENT	1.00	Officer	$0	$500	$500
WILLIAM BLESSING	VICE PRESIDENT	1.00	Officer	$0	$400	$400
ROBERT RIDER	SECRETARY	1.00	Officer	$1,500	$0	$1,500
CRAIG WILSON	TREASURER	1.00	Officer	$1,500	$0	$1,500
PETER RUZYCKI	REPRESENTATIVE	1.00	Key Emp	$0	$400	$400
ROBERT WILHELM	REPRESENTATIVE	1.00		$0	$400	$400
EDWARD ELTRINGHAM	REPRESENTATIVE	1.00	Key Emp	$0	$400	$400
WILLIAM CASTIMORE	TRUSTEE	1.00		$0	$400	$400
MATTHEW RIDER	TRUSTEE	1.00	Key Emp	$0	$400	$400
KEITH ARNOLD	TRUSTEE	1.00		$0	$400	$400

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	$302,523	$225,496	$1,597,493	$77,027
2023	$205,007	$135,256	$1,520,466	$69,751
2022	$162,039	$111,023	$1,450,715	$51,016
2021	$183,253	$115,649	$1,399,699	$67,604
2020	$152,724	$86,392	$1,332,095	$66,332

NEW JERSEY STATE FIREMENS ASSOCIATION