Is Cockeysville Volunteer Fire Companytrust Legit?
Quick charity verification for Cockeysville Volunteer Fire Companytrust (EIN: 205942882)
Verdict: Cockeysville Volunteer Fire Companytrust appears trustworthy
92/100Mission Score
$813KRevenue
$3.6MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the last two reported periods (2022 and 2023), potentially drawing down reserves if this trend continues.
Strengths
Zero reported liabilities across all 13 filings, indicating exceptional financial stability.
No officer compensation reported, demonstrating a highly efficient, volunteer-led operational model.
Substantial and stable asset base, with latest assets at $3,625,547, providing a strong financial foundation.
Consistent filing history over 13 periods, indicating good transparency and compliance.
Spending Breakdown
How Cockeysville Volunteer Fire Companytrust allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Cockeysville Volunteer Fire Companytrust
Is Cockeysville Volunteer Fire Companytrust a legitimate charity?
Based on AI analysis of IRS 990 filings, Cockeysville Volunteer Fire Companytrust (EIN: 205942882) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Cockeysville Volunteer Fire Companytrust a good charity to donate to?
Cockeysville Volunteer Fire Companytrust has a Mission Score of 92/100. Revenue: $813K. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cockeysville Volunteer Fire Companytrust?
The Employer Identification Number (EIN) for Cockeysville Volunteer Fire Companytrust is 205942882. 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 Cockeysville Volunteer Fire Companytrust spend its money?
Cockeysville Volunteer Fire Companytrust allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cockeysville Volunteer Fire Companytrust's tax-exempt status?
You can verify Cockeysville Volunteer Fire Companytrust's tax-exempt status using EIN 205942882 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 Cockeysville Volunteer Fire Companytrust demonstrates a consistent operational presence with stable asset levels, averaging over $3 million in assets across its filing history. While revenue has fluctuated, the organization has generally maintained a healthy financial position, often exceeding expenses in earlier periods. However, more recent filings (2022 and 2023) show expenses exceeding revenue, indicating a potential draw on reserves or a need for increased fundraising efforts. The absence of reported liabilities across all filings is a significant positive indicator of financial stability and responsible management.
The organization's spending efficiency appears strong, particularly given that no officer compensation has been reported in any of the available filings. This suggests that resources are primarily directed towards operational costs and program delivery, aligning with its mission as a volunteer fire company. The NTEE code M112 (Fire Prevention & Control) further supports this focus. The lack of reported officer compensation also contributes positively to transparency, as it indicates a volunteer-driven leadership model.
Overall, the Cockeysville Volunteer Fire Companytrust appears to be a well-managed organization with a strong commitment to its mission, evidenced by its volunteer leadership and stable financial base. The recent trend of expenses exceeding revenue warrants monitoring, but the overall financial health remains robust, supported by substantial assets and zero liabilities.