Quick charity verification for Atlantic Firemans Education Association (EIN: 16018670)
Verdict: Atlantic Firemans Education Association appears trustworthy
92/100Mission Score
$84KRevenue
$341KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth (from $141,095 in 2014 to $309,933 in 2023)
Consistently reports 0% officer compensation
Maintains very low liabilities (e.g., $197 in 2023)
Consistent positive net income/surplus (e.g., $13,279 in 2023)
Regular and consistent IRS 990 filing history (13 filings)
Spending Breakdown
How Atlantic Firemans Education Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Atlantic Firemans Education Association
Is Atlantic Firemans Education Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Firemans Education Association (EIN: 16018670) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Atlantic Firemans Education Association a good charity to donate to?
Atlantic Firemans Education Association has a Mission Score of 92/100. Revenue: $84K. Assets: $341K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Atlantic Firemans Education Association?
The Employer Identification Number (EIN) for Atlantic Firemans Education Association is 16018670. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Atlantic Firemans Education Association spend its money?
Atlantic Firemans Education Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Atlantic Firemans Education Association's tax-exempt status?
You can verify Atlantic Firemans Education Association's tax-exempt status using EIN 16018670 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Atlantic Firemans Education Association demonstrates consistent financial health with a steady growth in assets over the past decade, from $141,095 in 2014 to $309,933 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $61,903 exceeded expenses of $48,624. This indicates sound financial management and an ability to build reserves. The organization's liabilities have remained very low, often under $200, suggesting minimal debt burden and strong fiscal responsibility.
Spending efficiency appears strong, particularly given the consistent surpluses and asset growth. Without a detailed breakdown of program versus administrative expenses in the provided data, it's challenging to precisely quantify program spending efficiency. However, the consistent positive net income suggests that the organization is managing its expenses effectively relative to its revenue. The absence of officer compensation further indicates that resources are likely being directed towards the organization's mission rather than executive salaries.
Transparency is high regarding executive compensation, as the organization consistently reports 0% officer compensation across all available filings. This is a significant positive indicator. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to public disclosure and accountability. The low liabilities and steady asset growth further contribute to a picture of a well-managed and transparent organization.