How Salem Fire And Rescue Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Salem Fire And Rescue Association Inc
Is Salem Fire And Rescue Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Salem Fire And Rescue Association Inc (EIN: 201394704) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Salem Fire And Rescue Association Inc a good charity to donate to?
Salem Fire And Rescue Association Inc has a Mission Score of 85/100. Revenue: $12K. Assets: $38K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Salem Fire And Rescue Association Inc?
The Employer Identification Number (EIN) for Salem Fire And Rescue Association Inc is 201394704. 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 Salem Fire And Rescue Association Inc spend its money?
Salem Fire And Rescue Association Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Salem Fire And Rescue Association Inc's tax-exempt status?
You can verify Salem Fire And Rescue Association Inc's tax-exempt status using EIN 201394704 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
Salem Fire And Rescue Association Inc demonstrates a fluctuating financial history, with recent periods showing positive net income. In 2023, the organization reported revenue of $17,571 against expenses of $11,423, leading to an increase in assets to $34,549. This is a significant improvement from previous years, such as 2020 and 2019, where expenses substantially exceeded revenue, leading to asset depletion. The organization consistently reports no liabilities and 0% officer compensation, indicating a lean operational structure and good financial stewardship in terms of debt management and executive pay. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency (program vs. administrative vs. fundraising) challenging. The consistent filing of IRS 990s over seven periods indicates a commitment to transparency regarding its financial activities.