Is Moultonborough Volunteer Firefighters Association Inc Legit?
Quick charity verification for Moultonborough Volunteer Firefighters Association Inc (EIN: 20366906)
Verdict: Moultonborough Volunteer Firefighters Association Inc appears trustworthy
95/100Mission Score
$22KRevenue
$192KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial health with revenues significantly exceeding expenses ($83,462 revenue vs. $10,657 expenses in 202312).
No reported officer compensation, indicating a volunteer-driven model and high efficiency.
Zero liabilities reported, suggesting a very stable financial position.
High program spending efficiency (estimated 90% of expenses directed to programs).
Consistent asset growth, from $191,561 to $199,014.
AI Transparency Report
The Moultonborough Volunteer Firefighters Association Inc appears to be in a strong financial position, demonstrating excellent spending efficiency based on its latest available filing (Period 202312). With revenues of $83,462 significantly exceeding expenses of $10,657, the organization is accumulating assets, which stood at $199,014 with no reported liabilities. This suggests a healthy balance sheet and a capacity to fund future operations or capital expenditures. The absence of officer compensation further indicates a volunteer-driven model, which can contribute to lower administrative costs and a higher proportion of funds directed towards its mission. The organization's financial health seems robust, with a clear ability to manage its resources effectively.