Civic Intelligence

Monmouth Beach First Aid Squad

990 • Fiscal year 2019 • EIN 23-7360684

Jan 01, 2019 to Dec 31, 2019 • Filed on May 27, 2020

26 Beach RoadMonmouth Beach, NJ 07750

(732) 222-7665

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

39th percentile

-0.4%

Higher net margin than 39% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$2,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

41st percentile

-1.7%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-43%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$499,306

Down $8,585 (-1.7%) from 2018

Net Assets

Down

$499,306

Down $8,585 (-1.7%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$102,886

Down $78,406 (-43%) from 2018

Expenses

Down

$103,346

Down $5,536 (-5.1%) from 2018

Net Income

Down

-$460

Down $72,870 (-101%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2014: $596,538Liabilities 2014: $0Net Assets 2014: $596,5382014Assets 2015: $571,124Liabilities 2015: $0Net Assets 2015: $571,1242015Assets 2016: $568,624Liabilities 2016: $0Net Assets 2016: $568,6242016Assets 2017: $527,716Liabilities 2017: $0Net Assets 2017: $527,7162017Assets 2018: $507,891Liabilities 2018: $0Net Assets 2018: $507,8912018Assets 2019: $499,306Liabilities 2019: $0Net Assets 2019: $499,3062019Assets 2020: $538,230Liabilities 2020: $0Net Assets 2020: $538,2302020Assets 2021: $556,437Liabilities 2021: $0Net Assets 2021: $556,4372021Assets 2022: $564,451Liabilities 2022: $0Net Assets 2022: $564,4512022Assets 2023: $523,997Liabilities 2023: $0Net Assets 2023: $523,9972023Assets 2024: $567,616Liabilities 2024: $0Net Assets 2024: $567,6162024

Highlighted filing

2019

Assets$499,306
Liabilities$0
Net Assets$499,306

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2014: $166,533Expenses 2014: $70,644Net Income 2014: $95,8892014Revenue 2015: $64,058Expenses 2015: $94,297Net Income 2015: -$30,2392015Revenue 2016: $97,709Expenses 2016: $100,208Net Income 2016: -$2,4992016Revenue 2017: $60,831Expenses 2017: $101,739Net Income 2017: -$40,9082017Revenue 2018: $181,292Expenses 2018: $108,882Net Income 2018: $72,4102018Revenue 2019: $102,886Expenses 2019: $103,346Net Income 2019: -$4602019Revenue 2020: $144,960Expenses 2020: $106,037Net Income 2020: $38,9232020Revenue 2021: $133,959Expenses 2021: $93,577Net Income 2021: $40,3822021Revenue 2022: $122,415Expenses 2022: $111,018Net Income 2022: $11,3972022Revenue 2023: $108,015Expenses 2023: $157,735Net Income 2023: -$49,7202023Revenue 2024: $160,670Expenses 2024: $117,224Net Income 2024: $43,4462024

Highlighted filing

2019

Revenue$102,886
Expenses$103,346
Net Income-$460
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 27, 2020
Return Version
2019v5.1
Gross Receipts
$118,272
Mission and Program Overview

Mission

The organization provides emergency medical services to the residents of Monmouth beach and the surrounding communities.It also provides emergency response training and education. In 2022, the organization responded to calls 24 hours,365 days of the year totaling more than 300 incidents

The organization provides emergency medical services to the residents of Monmouth beach and the surrounding communities.It also provides emergency response training and education. In 2018, the organization responded to calls 24 hours,365 days of the year totaling more than 300 incidents

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$454,127$431,661▼ $22,466
Savings and Temporary Cash Investments$41,480$37,425▼ $4,055
Cash and Non-Interest-Bearing Accounts$4,876$22,812▲ $17,936
Investments Program Related$7,408$7,408→ $0
Total Assets$507,891$499,306▼ $8,585
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$482,099$481,607▼ $492
Net Assets With Donor Restrictions$25,792$17,699▼ $8,093
Total Net Assets Fund Balance$507,891$499,306▼ $8,585
Total Liabilities and Net Assets / Fund Balance$507,891$499,306▼ $8,585

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$95,095$253,198$348,293
Buildings$268,223$67,973$336,196
Equipment$56,343$70,733$127,076
Land$12,000-$12,000
Investment Program Related Org$7,408--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Stephen Vertrano DOMedical Director$2,000-$2,000
Stephen Vetrano DO--$2,000$2,000
Revenue and Support

Revenue Composition

Contributions and Grants
$118,132
Program Service Revenue
$0
Investment Income
$140
Other Revenue
$-15,386
All Other Contributions
$49,781
Change in Net Assets
$-460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,223
Professional Fundraising Fees$2,323
Total Fundraising Expense$2,323
Grants and Similar Amounts Paid$800
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$44,516$1,494$0$46,010
Conferences and Meetings$5,789$463$0$6,252
Occupancy$1,217$4,830$0$6,047
Office Expenses$3,175$2,353$0$5,528
Insurance$0$3,488$0$3,488
Fees for Services Accounting$0$3,288$0$3,288
Fees for Services Professional Fundraising--$2,323$2,323
Fees for Services Other$2,000$0$0$2,000
Other Expenses$969$0$0$969
Grants to Domestic Orgs$800--$800
Total Functional Expenses$85,107$15,916$2,323$103,346
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,386
Professional Fundraising Fees$2,323
Fundraising Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Comedy Night$33,351$33,351$618$32,733
Total Events$33,351$33,351$15,386$17,965
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-TreasurerTax and AccountingNo$3,558
-CaptainMedical SuppliesNo$1,130
-CaptainCPR TrainingNo$837
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Monmouth Beach First Aid Squad Inc
EIN
23-7360684
Phone
7322227665
Address
26 Beach Road, Monmouth Beach, NJ 07750

Signing Officer

Name
Ellen Marowitz
Title
Treasurer
Phone
7322227665
Signed
2020-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ellen Marowitz
Formed
1958
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
30

Preparer

Firm
David Gallagher CPA
Address
29 Beach Rd, Monmouth Beach, NJ 07750
Preparer
David Gallagher CPA
Phone
7327598907
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

One week prior to filing a digital copy of the the return is posted on the squads computer for review. An email is sent to each member informing them on posted for review. Any comments or questions are directed to the Treasurer and Accountant.

Pt VI, Line 19

Upon request

Pt XI

Donated Services $100,000(Expenses)Donated Fuel & Utilities $10,000 (Expenses)

Pt XI

Insurace Reimbursment for prior year garage door damage and book/tax depreciation

Pt VI, Line 6

The Organization has members

Pt VI, Line 7A

The Governing Body is elected by the general membership.

Pt VI, Line 7B

All decisions governace decisions are made by the voted and approved by the general membership

Pt VI, Line 8A

Yes

Pt VI, Line 8B

Yes

Pt VI, Line 12C

As per squad policies, any conflict of interest must be brought to members' attention immediately.

Pt VI, Line 18

Form 990 is published on the organization's website and also provided upon request.

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