Millstone Township First Aid Squad Inc

Nonprofit profile at a glance

EIN
521845795
IRS 990-EZ coverage
2019–2020
Forms available
Form 990 2018, Form 990-EZ 2020
Location
Millstone Township, NJ, USA
Phone
7327927805
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Ambulance, Emergency Medical Transport Services

Reported finances

Revenue
$36,063
Expenses
$303,055
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • NANCY PARMEGIANI (PRESIDENT)
  • ROBERT TRIFIRO (VICE PRESIDENT/SECRETARY)

People named in this filing

  • NANCY PARMEGIANI (PRESIDENT)
  • ROBERT TRIFIRO (VICE PRESIDENT/SECRETARY)
  • MIKE MALONEY (GENERAL MANAGER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide emergency first aid and medical assistance and ambulance services to the residents of millstone township, monmouth county, nj, and the surrounding area, as well as the general public at large on a volunteer basis.

What it reported doing in 2020

Mtfas responded to various emergency first aid assistance calls during the 2020 calendar year including personal emergency medical calls, motor vehicle accidents, fires and standby calls, and provide first aid and ambulatory support to local surrounding hospitals.per the organization's plan of dissolution, the organization contributed all of its remaining assets (equipment and leasehold improvements) to the millstone county fire company on november 30, 2020. The organization dissolved with the state of New Jersey on december 24, 2020.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77.7%; rating input score 78

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -740.3%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 114.2% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: -11.7% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $236K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.