Is Runnelstown Volunteer Firedepartment Legit?

Quick charity verification for Runnelstown Volunteer Firedepartment (EIN: 205325924)

Verdict: Runnelstown Volunteer Firedepartment appears trustworthy

92/100Mission Score
$36KRevenue
$180KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Runnelstown Volunteer Firedepartment demonstrates a generally stable financial position, with assets consistently exceeding liabilities, indicating good fiscal management. The organization's revenue has fluctuated significantly over the past few years, from a high of $99,895 in 2022 to a low of $15,295 in 2021, and $44,274 in 2023. Despite these fluctuations, expenses have generally remained below or close to revenue, preventing significant deficits. For instance, in 2023, expenses were $41,126 against $44,274 in revenue, showing a surplus. The organization's transparency is high regarding executive compensation, as 0% of expenses are allocated to officer compensation, which is typical for volunteer-led fire departments. The consistent growth in assets, from $165,909 in 2014 to $226,602 in 2023, further underscores its financial health and ability to retain resources for its mission.

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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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