Quick charity verification for Ellenboro Volunteer Fire Department Inc (EIN: 134320092)
Verdict: Ellenboro Volunteer Fire Department Inc appears trustworthy
92/100Mission Score
$790KRevenue
$482KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, especially a significant jump from $482,086 in 2022 to $668,985 in 2023.
Zero reported liabilities across all filing periods, indicating excellent financial stability.
No officer compensation reported, suggesting resources are directly allocated to mission-related expenses.
Significant increase in assets from $142,652 in 2022 to $333,499 in 2023, enhancing long-term capacity.
Long history of IRS 990 filings (13 periods), demonstrating consistent transparency.
Spending Breakdown
How Ellenboro Volunteer Fire Department Inc 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 Ellenboro Volunteer Fire Department Inc
Is Ellenboro Volunteer Fire Department Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellenboro Volunteer Fire Department Inc (EIN: 134320092) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Ellenboro Volunteer Fire Department Inc a good charity to donate to?
Ellenboro Volunteer Fire Department Inc has a Mission Score of 92/100. Revenue: $790K. Assets: $482K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ellenboro Volunteer Fire Department Inc?
The Employer Identification Number (EIN) for Ellenboro Volunteer Fire Department Inc is 134320092. 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 Ellenboro Volunteer Fire Department Inc spend its money?
Ellenboro Volunteer Fire Department Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ellenboro Volunteer Fire Department Inc's tax-exempt status?
You can verify Ellenboro Volunteer Fire Department Inc's tax-exempt status using EIN 134320092 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 Ellenboro Volunteer Fire Department Inc demonstrates a strong financial position and commitment to its mission. Over the past several years, the organization has shown consistent revenue growth, with a significant jump from $482,086 in 2022 to $668,985 in 2023. This growth has allowed them to increase their assets substantially, from $142,652 in 2022 to $333,499 in 2023, indicating good financial management and capacity building. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible fiscal practices.
The department's spending efficiency appears robust, as evidenced by their consistent ability to operate without accumulating debt. While specific program spending percentages are not detailed in the provided summary, the absence of officer compensation suggests that resources are likely directed towards operational needs and community services. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, providing public access to their financial activities.
Overall, the Ellenboro Volunteer Fire Department Inc appears to be a well-managed and financially healthy organization. Their growth in revenue and assets, coupled with zero liabilities and no reported officer compensation, paints a picture of an organization effectively utilizing its resources to serve its community. The consistent filing of public documents further enhances their transparency.