Is Queenstown Volunteer Fire Department Inc…

Quick charity verification for Queenstown Volunteer Fire Department Inc (EIN: 202224485)

Strengths

Consistent positive net income in most years, indicating financial sustainability (e.g., $603,230 revenue vs. $390,831 expenses in 2023).
Strong and growing asset base ($2,252,988 in 2023), providing a solid financial foundation.
Extremely low liabilities ($18,095 in 2023), demonstrating excellent financial management.
0% officer compensation reported across all filings, indicating a highly volunteer-driven and efficient leadership structure.
Consistent IRS 990 filing history (12 filings), demonstrating good transparency and compliance.

Spending Breakdown

How Queenstown Volunteer Fire Department 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 Queenstown Volunteer Fire Department Inc

Is Queenstown Volunteer Fire Department Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Queenstown Volunteer Fire Department Inc (EIN: 202224485) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Queenstown Volunteer Fire Department Inc a good charity to donate to?

Queenstown Volunteer Fire Department Inc has a Mission Score of 92/100. Revenue: $625K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Queenstown Volunteer Fire Department Inc?

The Employer Identification Number (EIN) for Queenstown Volunteer Fire Department Inc is 202224485. 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 Queenstown Volunteer Fire Department Inc spend its money?

Queenstown Volunteer Fire Department Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Queenstown Volunteer Fire Department Inc's tax-exempt status?

You can verify Queenstown Volunteer Fire Department Inc's tax-exempt status using EIN 202224485 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 Queenstown Volunteer Fire Department Inc demonstrates consistent financial stability with healthy asset levels and generally positive net income over the past several years. For instance, in 2023, the organization reported revenues of $603,230 against expenses of $390,831, resulting in a significant surplus. Their assets have remained robust, standing at $2,252,988 in 2023, indicating a strong financial foundation for their operations. The organization's liabilities are also very low, at $18,095 in 2023, which is a positive indicator of financial health and responsible management.

Spending efficiency appears strong, particularly given the nature of a volunteer fire department where a significant portion of expenses would directly relate to equipment, training, and operational costs. The consistent absence of officer compensation reported across all filings suggests that leadership is truly volunteer-based, which is a significant strength in terms of maximizing donor dollars for mission-related activities. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't explicitly provided in the summary data, the overall financial picture suggests a lean operational model.

Transparency is generally good, with a consistent filing history of 12 IRS 990 forms. The public availability of these filings allows for scrutiny of their financial activities. The lack of reported officer compensation enhances trust, as it indicates that funds are not being diverted to high executive salaries. The organization's consistent revenue generation and asset growth, coupled with low liabilities, paint a picture of a well-managed and financially sound volunteer organization dedicated to its community service.

Is Queenstown Volunteer Fire Department Inc Legit?

Verdict: Queenstown Volunteer Fire Department Inc appears trustworthy

Red Flags