New Jersey State Firemens Assoc-Matawan

Nonprofit profile at a glance

EIN
237081717
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Matawan, NJ, USA
Phone
9086230432
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$112,306
Expenses
$112,702
Assets
$207,626

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • James Duffy (President)
  • Zoltan Varsanyi (Vice President)

People named in this filing

  • James Duffy (President)
  • Zoltan Varsanyi (Vice President)
  • Anthony Castro (Secretary)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Assist firefighters and their families in times of need

What it reported doing in 2025

Assessments retained by State Association are used to pay burial benefits, operate Firemens Home in Booton, NJ, and provide special financial and health care assistance to firefighters and their families.

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 80% for direct work, and 20% for member benefits.

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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.8%; rating input score 92
  • Program expense ratio: 91.1%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -0.4%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 9.2% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: -2% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 91.8% of revenue deployed · 91.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $103K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • 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 29/100.
  • High — Growth: Asset growth scored 0/100.