Consistent revenue growth, from $1,308,891 in 2013 to $1,866,163 in 2022.
Significant asset growth, more than doubling from $712,789 in 2013 to $1,540,690 in 2022.
0% reported officer compensation across all available filings, indicating strong dedication to mission and efficient use of funds.
Consistent filing of IRS Form 990s, demonstrating transparency.
Operational surpluses in most years, such as 2021 (Revenue $1,891,080 vs Expenses $1,717,149) and 2020 (Revenue $1,951,910 vs Expenses $1,686,113).
Spending Breakdown
How Chatham Rescue Squad Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Chatham Rescue Squad Inc
Is Chatham Rescue Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chatham Rescue Squad Inc (EIN: 146029267) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Chatham Rescue Squad Inc a good charity to donate to?
Chatham Rescue Squad Inc has a Mission Score of 92/100. Revenue: $2.5M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chatham Rescue Squad Inc?
The Employer Identification Number (EIN) for Chatham Rescue Squad Inc is 146029267. 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 Chatham Rescue Squad Inc spend its money?
Chatham Rescue Squad Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chatham Rescue Squad Inc's tax-exempt status?
You can verify Chatham Rescue Squad Inc's tax-exempt status using EIN 146029267 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
Chatham Rescue Squad Inc demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In 2022, the organization reported revenues of $1,866,163 against expenses of $1,893,458, indicating a slight operational deficit for that year. However, prior years like 2021 and 2020 showed surpluses, with revenues of $1,891,080 and $1,951,910 respectively, exceeding expenses. The organization's assets have shown steady growth, increasing from $712,789 in 2013 to $1,540,690 in 2022, suggesting good financial stewardship and capacity building. Liabilities have also increased but remain manageable relative to assets.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 12 filings available. A notable aspect of its financial management is the reported 0% officer compensation across all available filings, which indicates that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a strong indicator of dedication to its mission. This practice, combined with a healthy asset base, suggests a financially sound and mission-focused operation.
While specific program spending ratios are not provided in the raw data, the nature of a rescue squad implies that the vast majority of its expenses would be directly related to its emergency services mission. The consistent growth in assets and the absence of reported officer compensation contribute positively to its overall financial health and public trust.