Prospect Fire Co No 1 Inc is a 501(c)(3) organization based in Bergenfield, New Jersey, registered in 1997, with $119,140 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$119K
▲ 54.9% vs prior year
Health median: $840K
Expenses (FY2024)
$35K
Net assets
$426K
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 Prospect Fire Co No 1 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 Prospect Fire Co No 1 Inc: 146 mo reserves · +71% margin earns a B+ 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 Prospect Fire Co No 1 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 Prospect Fire Co No 1 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $44K (FY2010) to $119K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
70.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$426K
Net assets
$426K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $119,140▲54.9% | $35,002▲23.7% | $426,180▲24.6% | $426,180▲24.6% | 990EZ |
| 2023 | $76,930▲19.3% | $28,305▲61.3% | $342,042▲16.6% | $342,042▲16.6% | 990EZ |
| 2022 | $64,487▼8.5% | $17,543▼42.5% | $293,417▲19.0% | $293,417▲19.0% | 990EZ |
| 2021 | $70,441▲72.2% | $30,489▲30.7% | $246,473▲47.0% | $246,473▲19.7% | 990EZ |
| 2016 | $40,918▲10.0% | $23,330▼7.0% | $167,655▲11.7% | $205,880▲9.3% | 990EZ |
| 2015 | $37,206▲4.4% | $25,084▼7.9% | $150,067▲7.0% | $188,400▲34.4% | 990EZ |
| 2014 | $35,648▼13.1% | $27,245▼34.8% | $140,218▲10.0% | $140,218▲10.0% | 990EZ |
| 2013 | $41,005▲17.6% | $41,766▼14.7% | $127,488▼1.4% | $127,488▼1.4% | 990EZ |
| 2012 | $34,865▼8.2% | $48,971▲118% | $129,303▼8.8% | $129,303▼8.8% | 990EZ |
| 2011 | $37,993▼14.6% | $22,476▼24.0% | $141,852▲11.9% | $141,852▲11.9% | 990EZ |
| 2010 | $44,464 | $29,561 | $126,734 | $126,734 | 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 Prospect Fire Co No 1 Inc (EIN 22-3431657) 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.