Quick charity verification for Herbertsville Firc Co No 1 (EIN: 216016915)
Verdict: Herbertsville Firc Co No 1 appears trustworthy
92/100Mission Score
$295KRevenue
$2.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, reaching $2,625,311 in 2023.
Decreasing liabilities, from $586,511 in 2013 to $242,416 in 2023.
0% officer compensation reported across all filings, indicating volunteer leadership.
Revenue consistently exceeding expenses, leading to financial stability and surplus.
Strong program focus inherent in its NTEE code (Volunteer Fire Departments) and lack of executive compensation.
Spending Breakdown
How Herbertsville Firc Co No 1 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 Herbertsville Firc Co No 1
Is Herbertsville Firc Co No 1 a legitimate charity?
Based on AI analysis of IRS 990 filings, Herbertsville Firc Co No 1 (EIN: 216016915) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Herbertsville Firc Co No 1 a good charity to donate to?
Herbertsville Firc Co No 1 has a Mission Score of 92/100. Revenue: $295K. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Herbertsville Firc Co No 1?
The Employer Identification Number (EIN) for Herbertsville Firc Co No 1 is 216016915. 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 Herbertsville Firc Co No 1 spend its money?
Herbertsville Firc Co No 1 allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Herbertsville Firc Co No 1's tax-exempt status?
You can verify Herbertsville Firc Co No 1's tax-exempt status using EIN 216016915 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
Herbertsville Firc Co No 1 demonstrates consistent financial stability with growing assets and a healthy revenue stream. In the latest filing (202312), the organization reported revenues of $218,814 against expenses of $193,863, indicating a surplus. Over the past several years, assets have steadily increased, reaching $2,625,311 in 2023, while liabilities have shown a decreasing trend from $586,511 in 2013 to $242,416 in 2023, suggesting effective financial management and a strengthening balance sheet. The organization's NTEE code M24Z (Volunteer Fire Departments) implies a focus on community service, and the consistent reporting of 0% officer compensation enhances its transparency and commitment to mission over individual gain.
The organization's spending efficiency appears strong, with expenses consistently lower than revenue, allowing for asset growth. Given its nature as a volunteer fire company, a significant portion of its expenses would likely be directed towards operational costs, equipment, and training, which directly support its programmatic mission. The absence of officer compensation is a significant positive indicator of financial stewardship and a focus on deploying resources directly to its charitable purpose. The consistent filing of IRS 990 forms over many years also points to a commitment to transparency and accountability.