Is Mcgaheysville Volunteer Fire Company Inc…

Quick charity verification for Mcgaheysville Volunteer Fire Company Inc (EIN: 203566679)

Strengths

Consistent positive net income (revenue exceeding expenses) in most years, e.g., $288,852 revenue vs. $189,100 expenses in 2023.
Zero officer compensation reported across all filings, indicating a highly efficient, volunteer-led operation.
Strong and growing asset base, reaching $5,928,280 in 2023.
Decreasing liabilities over recent years, from $299,357 in 2020 to $145,350 in 2023.
Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.

Spending Breakdown

How Mcgaheysville Volunteer Fire Company Inc 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 Mcgaheysville Volunteer Fire Company Inc

Is Mcgaheysville Volunteer Fire Company Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mcgaheysville Volunteer Fire Company Inc (EIN: 203566679) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Mcgaheysville Volunteer Fire Company Inc a good charity to donate to?

Mcgaheysville Volunteer Fire Company Inc has a Mission Score of 90/100. Revenue: $774K. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mcgaheysville Volunteer Fire Company Inc?

The Employer Identification Number (EIN) for Mcgaheysville Volunteer Fire Company Inc is 203566679. 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 Mcgaheysville Volunteer Fire Company Inc spend its money?

Mcgaheysville Volunteer Fire Company Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mcgaheysville Volunteer Fire Company Inc's tax-exempt status?

You can verify Mcgaheysville Volunteer Fire Company Inc's tax-exempt status using EIN 203566679 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 Mcgaheysville Volunteer Fire Company Inc demonstrates consistent financial stability with a healthy asset base, reporting $5,928,280 in assets in 2023. The organization consistently generates more revenue than expenses, as seen in 2023 with $288,852 in revenue against $189,100 in expenses, indicating sound financial management and an ability to cover operational costs. Their liabilities have been decreasing over recent years, from $299,357 in 2020 to $145,350 in 2023, which is a positive indicator of financial health and reduced debt burden.

The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that the leadership is volunteer-based, which significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards their mission. While specific program spending percentages are not detailed in the provided summary, the absence of paid executive compensation is a strong positive for efficiency.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods, with detailed financial figures, indicates a commitment to public accountability. The clear reporting of revenue, expenses, assets, and liabilities, along with the explicit 0% officer compensation, provides a good foundation for assessing their financial operations. The organization's consistent financial performance and volunteer leadership contribute to a positive view of its overall financial health and operational integrity.

Is Mcgaheysville Volunteer Fire Company Inc Legit?

Verdict: Mcgaheysville Volunteer Fire Company Inc appears trustworthy