AI Transparency Report
Regional Fire & Rescue Dept demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, the organization reported revenues of $619,641 against expenses of $605,436, indicating a slight surplus. While the organization's assets have fluctuated, they have remained relatively stable, with $317,454 in assets reported in 2023. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-driven leadership or that compensation is not reported in this category.
The organization's financial health appears stable, operating near break-even most years. However, the consistent high liabilities relative to assets, such as $294,166 in liabilities against $317,454 in assets in 2023, warrants closer examination to understand the nature of these obligations and their potential impact on long-term financial flexibility. The NTEE code M40 (Fire Prevention & Control) suggests a clear program focus, and the consistent operational scale indicates a steady commitment to its mission.
Transparency is generally good given the availability of 13 years of 990 filings. The absence of reported officer compensation could be a strength if it indicates volunteer leadership, but it could also be a point for further inquiry to ensure all compensation is appropriately disclosed. Overall, the organization appears to be a stable, mission-focused entity with consistent financial operations.