Ocean Gate Volunteer Fire Co Inc
Nonprofit profile at a glance
- EIN
- 223412906
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Ocean Gate, NJ, USA
- Phone
- 7322693249
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $65,426
- Expenses
- $16,711
- Assets
- $114,657
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MARTIN CONTE (PRESIDENT)
- ALEXANDER MARTINEZ (VICE PRESIDENT)
People named in this filing
- MARTIN CONTE (PRESIDENT)
- ALEXANDER MARTINEZ (VICE PRESIDENT)
- SARAH GRANT (TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide fire and rescue services for the communuty. Ocean gate population 2020 census is 1982.
What it reported doing in 2024
Provide fire and rescue services
Operating model
- Revenue model
- Donor-supported. 73% of the money available for current operations came from contributions and gifts.
- 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.1%; rating input score 26
- Program expense ratio: 62.8%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 74.5%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 6.86; rating input score 88; 88th 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: 17.8% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 16.6% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: -4.4% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 26.1% of revenue deployed · 62.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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 — Financial Efficiency: Mission deployment rate scored 26/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.