Washington Engine Co No 1 - Matawan is located in Matawan, NJ. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Engine Co No 1 - Matawan is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Washington Engine Co No 1 - Matawan generated $120.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $215.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE TAX EXEMPT STATUS FOR WASHINGTON ENGINE CO. NO 1 INCLUDES EVENTS AND FUNDRAISERS TO BENEFIT AN ALL VOLUNTEER FIRE COMPANY. THERE'S A LOT OF WORK DONE WITH SPECIAL NEEDS CHILDREN. MEET AND GREET WITH SANTA, COLOR RUN AND BOWLING WITH FIRST RESPONDER. DURING THESE TYPES OF EVENTS WHEN THE COMMUNITY IS INVOLVED THERE IS USUALLY REFRESHMENTS OR SOME TYPE OF GIFTS FOR THE CHILDREN OR THE PEOPLE INVOLVED. THE BENEFIT FOR US IS TO BE ABLE TO CONTINUE WITHOUT THE EXTRA BURDEN OF TAXES. IT IS THE MISSION OF WASHINGTON ENGINE NO 1 TO CONTINUE ALL THESE EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcus Pettyjohn Sr President | 15 | $0 | |
James Sorocco Vice President | 15 | $0 | |
Edward Lee Treasurer | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $33,761 |
Total Program Service Revenue | $86,319 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $120,080 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,060 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $210,238 |
Total expenses | $215,298 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $102,043 |
Net assets or fund balances | -$102,043 |