Carteret Volunteer Fire Co 2 Inc is a 501(c)(4) organization based in Carteret, New Jersey, registered in 2015, with $4,449 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$4,449
▼ 68.4% vs prior year
Public Safety median: $166K
Expenses (FY2023)
$9,535
Net assets
$39K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carteret Volunteer Fire Co 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carteret Volunteer Fire Co 2 Inc: 49 mo reserves · -114% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Carteret Volunteer Fire Co 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carteret Volunteer Fire Co 2 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $28K (FY2015) to $4,449 (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-114.3%
Spent more than it raised in the latest fiscal year.
Total assets
$39K
Total liabilities
$0
Net assets
$39K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,449▼68.4% | $9,535▲15.4% | $39,137▼11.5% | $39,137▼11.5% | 990EZ |
| 2022 | $14,091▼31.6% | $8,259▲15.0% | $44,223▲6.2% | $44,223▲6.2% | 990EZ |
| 2021 | $20,588▲1882% | $7,181▲59.6% | $41,631▲47.5% | $41,631▲47.5% | 990EZ |
| 2020 | $1,039▼94.0% | $4,499▼73.7% | $28,224▼10.9% | $28,224▼10.9% | 990EZ |
| 2019 | $17,271▼30.6% | $17,134▲97.4% | $31,684▲0.4% | $31,684▲0.4% | 990EZ |
| 2018 | $24,873▲9.1% | $8,678▼24.5% | $31,547▲105% | $31,547▲105% | 990EZ |
| 2017 | $22,806▲720% | $11,494▲78.4% | $15,352▲280% | $15,352▲280% | 990EZ |
| 2016 | $2,780▼90.2% | $6,444▼71.3% | $4,040▼31.6% | $4,040▼31.6% | 990EZ |
| 2015 | $28,355 | $22,451 | $5,904 | $5,904 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Carteret Volunteer Fire Co 2 Inc (EIN 47-1141885) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.