New Jersey Fire Engine & Equipment Museum Inc

Nonprofit profile at a glance

EIN
222729090
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-PF 2023
Location
Allentown, NJ, USA
Phone
7324637445
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$236,698
Expenses
$282,090
Assets
$662,160
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • DAVID HORSNALL (PRESIDENT)

People named in this filing

  • DALE BENNETT (DIRECTOR)
  • LAURA BOEGEMANN (SECRETARY)
  • PAUL BOEGEMANN (DIRECTOR)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the New Jersey fire museum & firefighters memorial is to honor the heritage and sacrifice of New Jersey's firefighters with a firefighter memorial and a museum, both which engage and educate the public in the history and evolution of firefighting in New Jersey

What it reported doing in 2024

Marketing & public outreach -museum opened to the public for tours/visitation wednesdays & saturdays -continued with african americans in the fire service recognition program in february for black history month -continued with women in the fire service recognition program in march for womens history month -participated in many community celebrations throughout the state: eg; memorial day & july 4th parades, lodd memorial services preservation, restoration & maintenance -completed restoration of 1920's model t from jamesburg boys home -continued restoration of 1906 nott steamer/amlafrance 1918 motorized tractor drawn steamer -major maintenance operations on motorized units; oil change, coolant changes, brakes repaired, tires replaced, lighting repairs, buildings & facility -installed overhead door in bldg. 1 so small apparatus can be moved there for exhibit -replaced old oil fired heater with natural gas furnace in bldg. 1 - installed diesel and gas 300 gal. Storage tanks (code compliant) -installed additional electrical circuits in truck maintenance bldg. 5 administration & office operations -developed & began implementation for new "three year strategic plan - '25 thru '27" -secured multi-year use agreements with major software packages like past perfect -moved financial processes & records to quickbooks technology -improved and implemented new record of gift processing firfighters memorial -the memorial committee working with the entire board completed the basic design concepts for the memorial and readied them for presentation to potential "bidders" of the project

Operating model

Revenue model
Grant-funded. 64% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 92
  • Accountability: 65
  • Sustainability: 43
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.5%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.3%; rating input score 91; 25th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -19.2%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 2.35; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 84.5% of spending went to programs
  • Governance: 21 of 23 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $238K in reported program spending
  • Leadership: top reported pay $0 · 23 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Operating margin scored 15/100.