Parsippany Rescue & Recovery Unit Association Inc
Only null% goes to programs Thin reserves
Parsippany Rescue & Recovery Unit Association Inc is a 501(c)(3) organization based in Lake Hiawatha, New Jersey, registered in 2008, with $38,628 in FY2024 revenue. CharityIndex grades it D.
Po Box 45, Lake Hiawatha, NJ, 07034 EIN 20-5663122 Since 2008
Revenue (FY2024)
$39K
▲ 7.8% vs prior year
Public Safety median: $166K
Expenses (FY2024)
$37K
Net assets
-$176K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Parsippany Rescue & Recovery Unit Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +4% margin
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 Parsippany Rescue & Recovery Unit Association Inc: 0 mo reserves · +4% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Parsippany Rescue & Recovery Unit Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Parsippany Rescue & Recovery Unit Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 45, Lake Hiawatha, NJ, 07034
- City
- Lake Hiawatha
- State
- New Jersey
- Subcategory
- Disaster Preparedness & Relief
- Website
- …
Financial trends
Revenue declined from $69K (FY2011) to $39K (FY2024) across 14 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $259KNet assets -$176K
Operating margin
3.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$84K
Total liabilities
$259K
Net assets
-$176K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $38,628▲7.8% | $37,103▼9.0% | -$175,533▲0.9% | $83,751▲0.9% | 990 |
| 2023 | $35,839▼11.4% | $40,771▼18.9% | -$177,058▼2.9% | $82,978▲12.7% | 990 |
| 2022 | $40,471▲13.6% | $50,270▲8.0% | -$172,126▼6.0% | $73,618▲71.1% | 990 |
| 2021 | $35,634▼24.0% | $46,558▲27.0% | -$162,327▼7.2% | $43,023▼18.6% | 990 |
| 2020 | $46,897▼19.5% | $36,663▼43.3% | -$151,403▲6.3% | $52,885▲101% | 990 |
| 2019 | $58,223▲9.7% | $64,614▲1.7% | -$161,637▼4.1% | $26,268▲14.7% | 990 |
| 2018 | $53,085▼1.9% | $63,526▲5.9% | -$155,246▼7.2% | $22,896▲22.6% | 990 |
| 2017 | $54,099▼10.9% | $59,977▼8.9% | -$144,805▼4.2% | $18,669▼19.8% | 990 |
| 2016 | $60,704▼0.4% | $65,814▼20.7% | -$138,927▼3.8% | $23,276▼1.4% | 990EZ |
| 2015 | $60,944▼1.1% | $82,952▲14.1% | -$133,817▼19.7% | $23,600▼15.5% | 990EZ |
| 2014 | $61,619▼2.3% | $72,675▼22.5% | -$111,809▼11.0% | $27,943▲5.9% | 990EZ |
| 2013 | $63,051▲4.7% | $93,749▲9.5% | -$100,753▼43.8% | $26,398▼58.9% | 990EZ |
| 2012 | $60,243▼12.7% | $85,637▲1.6% | -$70,055▼56.9% | $64,274▼38.4% | 990EZ |
| 2011 | $68,980 | $84,284 | -$44,661 | $104,407 | 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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Frequently asked questions
- Is Parsippany Rescue & Recovery Unit Association Inc a legitimate nonprofit?
- Yes. Parsippany Rescue & Recovery Unit Association Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5663122, based in Lake Hiawatha, New Jersey. Donations are tax-deductible.
- What is Parsippany Rescue & Recovery Unit Association Inc's EIN?
- Parsippany Rescue & Recovery Unit Association Inc's Employer Identification Number (EIN) is 20-5663122.
- How much revenue does Parsippany Rescue & Recovery Unit Association Inc report?
- Parsippany Rescue & Recovery Unit Association Inc reported $38,628 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Parsippany Rescue & Recovery Unit Association Inc have?
- CharityIndex grades Parsippany Rescue & Recovery Unit Association Inc D, based on financial health (reserves and operating margin).
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Data for Parsippany Rescue & Recovery Unit Association Inc (EIN 20-5663122) 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.