Is Southeast Community Fire Department Inc Legit?

Quick charity verification for Southeast Community Fire Department Inc (EIN: 10604790)

Verdict: Southeast Community Fire Department Inc appears trustworthy

92/100Mission Score
$156KRevenue
$310KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Southeast Community Fire Department Inc demonstrates consistent financial growth and strong program spending efficiency. Over the past five years, revenue has fluctuated but generally trended upwards, from $93,910 in 2019 to $118,766 in 2023, indicating a stable funding base. The organization consistently spends a very high proportion of its expenses on program services, with no reported officer compensation, which is a strong indicator of efficiency and dedication to its mission. Their asset base has also shown significant growth, from $165,214 in 2019 to $299,322 in 2023, suggesting prudent financial management and capacity building. The department's financial health appears robust, with assets consistently exceeding liabilities. For instance, in 2023, assets were $299,322 against liabilities of $92,152. The absence of officer compensation reported across all filings is a significant positive for transparency and ensures that funds are directly channeled to operational needs. While specific breakdowns of administrative versus fundraising costs are not detailed in the provided summary, the overall low expense-to-revenue ratio (e.g., $66,695 expenses on $118,766 revenue in 2023) suggests efficient operations. The organization's consistent filing history further contributes to its transparency.

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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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