Is Cool Springs Volunteer Firedepartment…

Quick charity verification for Cool Springs Volunteer Firedepartment (EIN: 205437367)

Strengths

Consistent asset growth, from $260,109 in 2014 to $500,873 in 2023.
Zero officer compensation reported across all 13 filings, indicating high efficiency and dedication to mission.
Positive revenue trend, increasing from $63,606 in 2014 to $100,334 in 2023.
Strong financial management with expenses consistently lower than revenue in recent years (e.g., $50,921 expenses vs. $100,334 revenue in 2023).
Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.

Spending Breakdown

How Cool Springs Volunteer Firedepartment allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Cool Springs Volunteer Firedepartment

Is Cool Springs Volunteer Firedepartment a legitimate charity?

Based on AI analysis of IRS 990 filings, Cool Springs Volunteer Firedepartment (EIN: 205437367) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Cool Springs Volunteer Firedepartment a good charity to donate to?

Cool Springs Volunteer Firedepartment has a Mission Score of 95/100. Revenue: $107K. Assets: $536K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cool Springs Volunteer Firedepartment?

The Employer Identification Number (EIN) for Cool Springs Volunteer Firedepartment is 205437367. 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 Cool Springs Volunteer Firedepartment spend its money?

Cool Springs Volunteer Firedepartment allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cool Springs Volunteer Firedepartment's tax-exempt status?

You can verify Cool Springs Volunteer Firedepartment's tax-exempt status using EIN 205437367 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

Cool Springs Volunteer Firedepartment demonstrates consistent financial growth and prudent management. Over the past decade, the organization's assets have steadily increased from $260,109 in 2014 to $500,873 in 2023, indicating strong asset accumulation and financial stability. Revenue has also shown a positive trend, growing from $63,606 in 2014 to $100,334 in 2023, suggesting effective fundraising or community support.

The organization exhibits excellent spending efficiency, particularly in recent years. In 2023, expenses were $50,921 against revenues of $100,334, resulting in a significant surplus that contributes to asset growth. A key strength is the reported 0% officer compensation across all filings, which suggests that all funds are directed towards operational costs and mission-related activities, enhancing public trust and maximizing program impact. The consistent reporting of liabilities, such as $28,553 from 2021-2023, indicates stable financial obligations.

Cool Springs Volunteer Firedepartment appears to be a financially healthy and well-managed nonprofit. Their consistent asset growth, increasing revenue, and commitment to zero executive compensation highlight a strong dedication to their mission and efficient use of resources. The detailed and consistent filing of IRS 990 forms over 13 periods also points to a good level of transparency.

Is Cool Springs Volunteer Firedepartment Legit?

Verdict: Cool Springs Volunteer Firedepartment appears trustworthy