Quick charity verification for Goose Rocks Beach Fire Company (EIN: 16047645)
Verdict: Goose Rocks Beach Fire Company appears trustworthy
92/100Mission Score
$240KRevenue
$719KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero liabilities across all filings
No reported officer compensation (0%)
Steady growth in assets, from $528,867 in 2014 to $658,099 in 2023
Consistent IRS 990 filing history (13 filings)
Expenses consistently well below revenue in most recent periods (e.g., 2023: $28,876 expenses vs. $74,579 revenue)
Spending Breakdown
How Goose Rocks Beach Fire Company allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Goose Rocks Beach Fire Company
Is Goose Rocks Beach Fire Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Goose Rocks Beach Fire Company (EIN: 16047645) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Goose Rocks Beach Fire Company a good charity to donate to?
Goose Rocks Beach Fire Company has a Mission Score of 92/100. Revenue: $240K. Assets: $719K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Goose Rocks Beach Fire Company?
The Employer Identification Number (EIN) for Goose Rocks Beach Fire Company is 16047645. 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 Goose Rocks Beach Fire Company spend its money?
Goose Rocks Beach Fire Company allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Goose Rocks Beach Fire Company's tax-exempt status?
You can verify Goose Rocks Beach Fire Company's tax-exempt status using EIN 16047645 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 Goose Rocks Beach Fire Company demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization consistently maintains zero liabilities across all reported periods, indicating sound financial management and a lack of debt. Its assets have shown steady growth, increasing from $528,867 in 2014 to $658,099 in 2023, which suggests effective asset accumulation and preservation. The organization's revenue has fluctuated but generally supported its operational expenses, with a notable surplus in most years, contributing to its asset base.
Spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation across all filings. This indicates that the organization is run by volunteers or that compensation is not reported in a way that triggers officer compensation disclosure, which can be a positive sign for donor confidence regarding administrative overhead. The primary focus of the organization, as a fire company, inherently involves direct program services, and the financial data supports a lean operational structure.
Transparency is strong through its consistent filing of IRS Form 990s over 13 periods. The absence of liabilities and officer compensation further enhances its transparency profile, allowing donors to see that funds are not being diverted to executive salaries or debt servicing. Overall, the Goose Rocks Beach Fire Company appears to be a financially healthy and efficiently managed nonprofit with a clear dedication to its stated purpose.