Is Liverpool Fire Department Inc Legit?

Quick charity verification for Liverpool Fire Department Inc (EIN: 161366095)

Verdict: Liverpool Fire Department Inc appears trustworthy

92/100Mission Score
$2.1MRevenue
$9.1MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Liverpool Fire Department Inc. demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. In 2023, the organization reported revenues of $1,859,578 against expenses of $1,701,811, indicating a surplus. Its asset base has also shown steady growth, reaching $9,158,741 in 2023, up from $6,435,266 in 2014, suggesting good financial management and investment in its operational capacity. The organization's liabilities have fluctuated but remained manageable relative to its assets. The organization appears to be highly efficient in its spending, with a significant portion of its expenses likely directed towards its core programmatic mission of fire protection and emergency services. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing resources towards its mission rather than executive salaries, which is a positive sign for donors. This also suggests a volunteer-driven leadership structure, enhancing its spending efficiency. Transparency is strong given the consistent filing of IRS Form 990s over many years, providing a clear historical financial picture. The absence of officer compensation further simplifies the financial structure and reduces potential areas of concern regarding executive pay. Overall, the Liverpool Fire Department Inc. appears to be a financially sound and efficiently run organization, effectively utilizing its resources for its community service mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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