Is Brookline Volunteer Fire Department Inc Legit?

Quick charity verification for Brookline Volunteer Fire Department Inc (EIN: 20519338)

Verdict: Brookline Volunteer Fire Department Inc appears trustworthy

92/100Mission Score
$29KRevenue
$69KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The Brookline Volunteer Fire Department Inc. demonstrates consistent financial activity, with annual revenues typically in the $20,000-$30,000 range. The organization maintains a healthy asset base, averaging around $70,000-$80,000, with no reported liabilities across all filings, indicating strong financial stability and responsible management of its balance sheet. This suggests the organization is not reliant on debt and has a solid foundation. Spending efficiency appears to fluctuate year-to-year, with some periods showing expenses exceeding revenue (e.g., 202212 with $48,181 expenses against $25,824 revenue, and 201912 with $34,339 expenses against $27,606 revenue), while other years show a surplus. However, the overall trend indicates that the organization generally manages its expenses within its revenue capacity over time. The absence of officer compensation reported across all filings is a significant positive indicator of efficiency and dedication, as all funds are presumably directed towards operational costs and programs. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of zero liabilities and zero officer compensation. This level of detail allows for a straightforward assessment of their financial operations. The organization's consistent asset levels despite fluctuating annual surpluses/deficits suggest effective long-term financial planning and asset preservation, which is crucial for a volunteer-based service.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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