Princeton First Aid & Rescue Squad

Quick, capable, compassionate.

Princeton, NJ | http://www.pfars.org

Learn how to support this organization

GuideStar Charity Check

EIN: 23-7140015

Contributions tax deductible
as of September 2023

IRS BMF 509(a)(2)
as of September 18, 2023

View summary

Charity Check report

Mission

The Princeton First Aid & Rescue Squad is an independent, nonprofit organization whose 90 career and volunteer staff members provide the community of 30,000 residents, students, and visitors with highly-skilled and compassionate emergency medical care and technical rescue services. Certified as emergency medical technicians (EMT) with extensive post-certification training, the first aid squad responds to 9-1-1 calls for medical assistance in a moment's notice, 24 hours a day, 365 days a year. Services provided include pre-hospital emergency medical care, vehicle extrication, confined space rescue, water and ice rescue, and high angle rescue.

Ruling year info

1962

President

Mr. Mark Freda

Main address

2 Mount Lucas Road

Princeton, NJ 08540 USA

Show more contact info

EIN

23-7140015

Subject area info

Emergency medical services

First aid training

Population served info

Age groups

LGBTQ people

Heterosexuals

Women and girls

Men and boys

Show more populations served

NTEE code info

Ambulance/Emergency Transport (E62)

First Aid Training (M41)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Emergency Medical and Technical Rescue Services

Providing emergency medical and technical rescue services to our community, visitors and nearby communities as needed.

Where we work

External reviews

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

We shared information about our current feedback practices.

How is your organization using feedback from the people you serve?

To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To strengthen relationships with the people we serve
Which of the following feedback practices does your organization routinely carry out?

We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive
What challenges does the organization face when collecting feedback?

We don't have any major challenges to collecting feedback

Financials

Princeton First Aid & Rescue Squad

Fiscal year: Jan 01 - Dec 31

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

2.82

Average of 9.99 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

1.6

Average of 8.2 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

33%

Average of 43% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Princeton First Aid & Rescue Squad

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$153,471
Government Grants	$169,643
Program Services	$931,719
Investments	($20,729)
Special Events	$146,293
Sales	$0
Other	$10,930
Total Revenue	$1,391,327

Expenses
Program Services	$1,141,438
Administration	$4,250
Fundraising	$0
Total Expenses	$1,145,688
Net Gain/Loss	$245,639

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$45,934
Interest Expenses	$9,234
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$152,895
Government Grants	$161,161
Program Services	$944,935
Investments	($123,507)
Special Events	$117,460
Sales	$0
Other	$10,943
Total Revenue	$1,263,887

Expenses
Program Services	$1,246,920
Administration	$5,500
Fundraising	$14,360
Total Expenses	$1,266,780
Net Gain/Loss	($2,893)

Functional expenses
Accounting Fees	$5,500
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$7,556
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$21,326
Professional Fundraising Expenses	$0

Revenue
Contributions	$169,125
Government Grants	$80,741
Program Services	$978,215
Investments	$88,951
Special Events	$87,553
Sales	$0
Other	$6,488
Total Revenue	$1,411,073

Expenses
Program Services	$1,217,600
Administration	$15,381
Fundraising	$0
Total Expenses	$1,232,981
Net Gain/Loss	$178,092

Functional expenses
Accounting Fees	$4,900
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$17,945
Interest Expenses	$5,797
Investment Management Fees	$10,481
Legal Fees	$0
Pension Plan Contributions	$23,758
Professional Fundraising Expenses	$0

Revenue
Contributions	$180,585
Government Grants	$0
Program Services	$1,002,846
Investments	$106,125
Special Events	$133,721
Sales	$0
Other	$11,425
Total Revenue	$1,434,702

Expenses
Program Services	$1,251,118
Administration	$23,085
Fundraising	$0
Total Expenses	$1,274,203
Net Gain/Loss	$160,499

Functional expenses
Accounting Fees	$5,000
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$32,545
Interest Expenses	$3,954
Investment Management Fees	$14,131
Legal Fees	$0
Pension Plan Contributions	$27,641
Professional Fundraising Expenses	$0

Revenue
Contributions	$182,468
Government Grants	$0
Program Services	$1,167,652
Investments	$50,665
Special Events	$98,843
Sales	$0
Other	$18,213
Total Revenue	$1,517,841

Expenses
Program Services	$1,420,066
Administration	$19,123
Fundraising	$15,000
Total Expenses	$1,454,189
Net Gain/Loss	$63,652

Functional expenses
Accounting Fees	$5,200
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$31,418
Interest Expenses	$2,023
Investment Management Fees	$11,900
Legal Fees	$0
Pension Plan Contributions	$27,399
Professional Fundraising Expenses	$0

Revenue
Contributions	$176,296
Government Grants	$0
Program Services	$1,141,180
Investments	$270,059
Special Events	$115,646
Sales	$0
Other	$41,747
Total Revenue	$1,744,928

Expenses
Program Services	$1,129,254
Administration	$341,495
Fundraising	$0
Total Expenses	$1,470,749
Net Gain/Loss	$274,179

Functional expenses
Accounting Fees	$5,500
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$29,096
Interest Expenses	$0
Investment Management Fees	$13,425
Legal Fees	$0
Pension Plan Contributions	$25,584
Professional Fundraising Expenses	$0

Revenue
Contributions	$181,855
Government Grants	$0
Program Services	$1,097,304
Investments	$525,622
Special Events	$103,000
Sales	$0
Other	$42,821
Total Revenue	$1,950,602

Expenses
Program Services	$1,160,900
Administration	$317,417
Fundraising	$0
Total Expenses	$1,478,317
Net Gain/Loss	$472,285

Functional expenses
Accounting Fees	$5,966
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$36,808
Interest Expenses	$0
Investment Management Fees	$16,360
Legal Fees	$0
Pension Plan Contributions	$24,540
Professional Fundraising Expenses	$0

Revenue
Contributions	$160,562
Government Grants	$0
Program Services	$1,095,692
Investments	$631
Special Events	$86,303
Sales	$0
Other	$31,050
Total Revenue	$1,374,238

Expenses
Program Services	$1,242,343
Administration	$275,198
Fundraising	$0
Total Expenses	$1,517,541
Net Gain/Loss	($143,303)

Functional expenses
Accounting Fees	$8,275
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$47,276
Interest Expenses	$2,484
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$34,056
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,261,789
Government Grants	$0
Program Services	$1,144,886
Investments	$105,469
Special Events	$0
Sales	$0
Other	$50,625
Total Revenue	$2,562,769

Expenses
Program Services	$1,104,355
Administration	$430,600
Fundraising	$99,262
Total Expenses	$1,634,217
Net Gain/Loss	$928,552

Functional expenses
Accounting Fees	$11,119
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$50,588
Interest Expenses	$1,119
Investment Management Fees	$0
Legal Fees	$3,616
Pension Plan Contributions	$32,861
Professional Fundraising Expenses	$0

Revenue
Contributions	$5,553,854
Government Grants	$0
Program Services	$1,191,164
Investments	$32
Special Events	$0
Sales	$0
Other	$5,005
Total Revenue	$6,750,055

Expenses
Program Services	$1,058,553
Administration	$470,020
Fundraising	$133,779
Total Expenses	$1,662,352
Net Gain/Loss	$5,087,703

Functional expenses
Accounting Fees	$15,480
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$47,810
Interest Expenses	$60
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$38,578
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,698,929
Government Grants	$0
Program Services	$1,124,974
Investments	$7,296
Special Events	$0
Sales	$0
Other	$7,335
Total Revenue	$2,838,534

Expenses
Program Services	$1,177,565
Administration	$387,083
Fundraising	$275,690
Total Expenses	$1,840,338
Net Gain/Loss	$998,196

Functional expenses
Accounting Fees	$16,784
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$62,707
Interest Expenses	$2,974
Investment Management Fees	$0
Legal Fees	$4,965
Pension Plan Contributions	$43,613
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,938,351
Government Grants	$0
Program Services	$1,178,438
Investments	$558,084
Special Events	$0
Sales	$0
Other	$18,278
Total Revenue	$3,693,151

Expenses
Program Services	$1,288,748
Administration	$232,301
Fundraising	$384,762
Total Expenses	$1,905,811
Net Gain/Loss	$1,787,340

Functional expenses
Accounting Fees	$17,628
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$68,378
Interest Expenses	$5,973
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$55,522
Professional Fundraising Expenses	$0

Revenue
Contributions	$693,743
Government Grants	$0
Program Services	$860,714
Investments	$37,296
Special Events	$0
Sales	$0
Other	$303,738
Total Revenue	$1,895,491

Expenses
Program Services	$1,542,345
Administration	$344,372
Fundraising	$265,693
Total Expenses	$2,152,410
Net Gain/Loss	($256,919)

Functional expenses
Accounting Fees	$30,481
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$66,140
Interest Expenses	$4,627
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$56,856
Professional Fundraising Expenses	$0

Revenue
Contributions	$840,764
Government Grants	$0
Program Services	$921,589
Investments	$63,882
Special Events	$0
Sales	$0
Other	$185,228
Total Revenue	$2,011,463

Expenses
Program Services	$1,634,226
Administration	$280,356
Fundraising	$171,277
Total Expenses	$2,085,859
Net Gain/Loss	($74,396)

Functional expenses
Accounting Fees	$35,027
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$68,772
Interest Expenses	$3,198
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$58,998
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,454,410
Government Grants	$0
Program Services	$1,003,793
Investments	$119,500
Special Events	$0
Sales	$0
Other	$5,248
Total Revenue	$2,582,951

Expenses
Program Services	$1,616,853
Administration	$448,299
Fundraising	$180,342
Total Expenses	$2,245,494
Net Gain/Loss	$337,457

Functional expenses
Accounting Fees	$30,684
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$69,978
Interest Expenses	$29,467
Investment Management Fees	$0
Legal Fees	$5,355
Pension Plan Contributions	$59,246
Professional Fundraising Expenses	$0

Princeton First Aid & Rescue Squad

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$153,471
Cash & Equivalents	$110,099	$79,740	($30,359)
Accounts Receivable	$145,322	$192,940	$47,618
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$1,933,356	$1,439,308	($494,048)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$776,817	$1,043,566	$266,749
Other	$0	$0	$0
Total Assets	$2,965,594	$2,755,554	($210,040)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$30,385	$55,706	$25,321
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$194,570	$159,538	($35,032)
Total Liabilities	$224,955	$215,244	($9,711)

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$2,740,639	$2,540,310	($200,329)
Net Assets	$2,740,639	$2,540,310	($200,329)

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$152,895
Cash & Equivalents	$79,740	$68,382	($11,358)
Accounts Receivable	$192,940	$181,343	($11,597)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$1,439,308	$2,033,277	$593,969
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,043,566	$905,393	($138,173)
Other	$0	$0	$0
Total Assets	$2,755,554	$3,188,395	$432,841

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$55,706	$33,271	($22,435)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$159,538	$121,025	($38,513)
Total Liabilities	$215,244	$154,296	($60,948)

Princeton First Aid & Rescue Squad

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Princeton First Aid & Rescue Squad’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	$301,381	$8,161,464	$344,575	$450,974	$112,680
As % of expenses	17.8%	500.3%	19.9%	27.0%	6.3%
Unrestricted surplus (deficit) after depreciation	$155,825	$7,887,049	-$74,606	$36,631	-$335,566
As % of expenses	8.5%	413.8%	-3.5%	1.8%	-14.9%

Revenue composition
Total revenue (unrestricted & restricted)	$2,838,534	$3,693,151	$1,895,491	$2,011,463	$2,582,951
Total revenue, % change over prior year	-57.9%	30.1%	-48.7%	6.1%	28.4%
Program services revenue	39.6%	31.9%	45.4%	45.8%	38.9%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.3%	0.8%	2.0%	3.2%	1.2%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	59.9%	52.5%	36.6%	41.8%	56.3%
Other revenue	0.3%	14.9%	16.0%	9.2%	3.7%

Expense composition
Total expenses before depreciation	$1,694,782	$1,631,396	$1,733,229	$1,671,516	$1,797,248
Total expenses, % change over prior year	11.5%	-3.7%	6.2%	-3.6%	7.5%
Personnel	61.3%	68.0%	62.9%	64.2%	64.9%
Professional fees	1.3%	1.1%	1.8%	2.1%	2.0%
Occupancy	0.0%	0.0%	0.0%	0.0%	0.0%
Interest	0.2%	0.4%	0.3%	0.2%	1.6%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	37.2%	30.6%	35.1%	33.5%	31.5%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$1,840,338	$1,905,811	$2,152,410	$2,085,859	$2,245,494
One month of savings	$141,232	$135,950	$144,436	$139,293	$149,771
Debt principal payment	$0	$33,785	$35,130	$36,560	$38,032
Fixed asset additions	$890,420	$7,397,559	$0	$0	$1,162,425
Total full costs (estimated)	$2,871,990	$9,473,105	$2,331,976	$2,261,712	$3,595,722

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	37.0	9.5	1.6	1.8	1.6
Months of cash and investments	37.0	33.5	32.7	34.7	33.4
Months of estimated liquid unrestricted net assets	19.3	25.4	24.4	28.4	19.2

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$5,227,649	$1,293,650	$228,526	$250,623	$244,502
Investments	$0	$3,263,267	$4,490,643	$4,585,181	$4,750,401
Receivables	$1,295,631	$678,334	$290,923	$485,069	$397,264
Gross land, buildings, equipment (LBE)	$3,654,188	$10,779,119	$11,008,406	$10,991,800	$11,715,671
Accumulated depreciation (as a % of LBE)	53.4%	18.1%	21.5%	25.3%	23.9%
Liabilities (as a % of assets)	2.8%	5.5%	1.4%	1.3%	6.6%
Unrestricted net assets	$4,258,274	$12,145,323	$12,070,717	$12,107,348	$11,771,782
Temporarily restricted net assets	$6,883,927	N/A	N/A	N/A	N/A
Permanently restricted net assets	$0	N/A	N/A	N/A	N/A
Total restricted net assets	$6,883,927	$1,188,218	$1,429,315	$1,568,667	$1,641,570
Total net assets	$11,142,201	$13,333,541	$13,500,032	$13,676,015	$13,413,352

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

President

Mr. Mark Freda

MARK FREDA, President, is uniquely qualified to lead the first aid squad and committed to insuring the Princeton community has the best possible emergency services. Freda was a senior level facilities and real estate management professional in New York City and is a 40-year veteran of the Princeton First Aid & Rescue Squad and the Princeton Fire Department. Mark also was elected to five terms on the Princeton Borough Council, served five years as council president, and on the planning boards. Presently, Mark is Mayor of Princeton.

Number of employees

Source: IRS Form 990

Princeton First Aid & Rescue Squad

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Princeton First Aid & Rescue Squad

Board of directors
as of 08/02/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mr. Chris Tarr

Stevens & Lee

Term: 2023 - 2023

Katherine Benesch

Benesch & Associates, LLC

Simon Pankove

Squad Representative

Christopher S. Tarr

Stevens & Lee

Susan Hughes

Callaway Henderson Sotheby's

Martha Sword

Mark Freda

PFARS

John L. Griffith III

Black Rock

Organizational demographics

SOURCE: Self-reported; last updated 8/2/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Male, Not transgender (cisgender)

Race & ethnicity

Gender identity

Sexual orientation

No data

Disability

No data

Princeton First Aid & Rescue Squad

Quick, capable, compassionate.

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Emergency Medical and Technical Rescue Services

Where we work

How we listen

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2022 info

2.82

Months of cash in 2022 info

1.6

Fringe rate in 2022 info

33%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Princeton First Aid & Rescue Squad

Princeton First Aid & Rescue Squad

Princeton First Aid & Rescue Squad

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

President

Mr. Mark Freda

Number of employees

Princeton First Aid & Rescue Squad

Compensation data

Princeton First Aid & Rescue Squad

Board of directors data

Mr. Chris Tarr

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities