Is Penderlea Fire Department Legit?

Quick charity verification for Penderlea Fire Department (EIN: 205595877)

Verdict: Penderlea Fire Department appears trustworthy

85/100Mission Score
$1.3MRevenue
$369KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

The Penderlea Fire Department demonstrates consistent operational activity with revenues and expenses fluctuating over the past five years. In the latest filing (202206), the organization reported revenue of $252,598 against expenses of $236,593, indicating a slight surplus for the period. While the organization's assets have grown to $368,801, the historical data shows some periods where expenses exceeded revenue, such as in 202106 ($269,685 expenses vs. $216,135 revenue) and 201906 ($295,366 expenses vs. $277,388 revenue). This suggests a need for careful financial management to maintain long-term sustainability. The organization's transparency is commendable given that officer compensation has consistently been reported as 0% across all five filings, indicating a volunteer-led or very lean administrative structure. The absence of reported liabilities in all periods is a strong positive indicator of financial health and responsible management. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. Further detail on how the $236,593 in expenses for 202206 was allocated would enhance transparency and allow for a more precise evaluation of spending efficiency.

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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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