Randolph Engine Company Number 5

Nonprofit profile at a glance

EIN
237166542
IRS 990 coverage
2014–2020
Forms available
Form 990 2020, Form 990-EZ 2013
Location
Mount Freedom, NJ, USA
Phone
9738953719
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$90,341
Expenses
$82,523
Assets
$716,341
Liabilities
$185,520

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

Leadership & pay

7 people listed

Executive titles in this filing

  • MATTHEW GOEBEL (PRESIDENT)
  • CHRIS NIEWIAROWSKI (VICE PRESIDENT)

People named in this filing

  • BERT BARTL (TREASURER)
  • MATTHEW GOEBEL (PRESIDENT)
  • WILLIAM SHORT (TRUSTEE)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This organization is a volunteer fire department which serves the local area

What it reported doing in 2020

Responded as needed for service in local area

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.5%; rating input score 88
  • Program expense ratio: 96.6%; rating input score 97
  • Fundraising efficiency: $28.73 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • 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: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 8.7%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 8.68; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 13.9% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 88.5% of revenue deployed · 96.6% of spending went to programs
  • Governance: 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $83K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2014 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.