Is United Buckeye Firefighters Association Legit?

Quick charity verification for United Buckeye Firefighters Association (EIN: 200996004)

Verdict: United Buckeye Firefighters Association appears trustworthy

85/100Mission Score
$106KRevenue
$116KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The United Buckeye Firefighters Association demonstrates a consistent operational history with stable asset growth over the past decade, reaching $109,630 in 2023. While the organization's revenue has fluctuated, it has generally increased, with the latest reported revenue at $86,354 in 2023. However, the 2023 filing shows expenses ($103,189) exceeding revenue, resulting in a deficit for the year, a trend also observed in 2022. This indicates a need for closer monitoring of spending relative to income to ensure long-term financial stability. The organization's transparency is commendable, particularly with zero reported liabilities across all filings, suggesting sound financial management in avoiding debt. The consistent reporting of 0% officer compensation across all periods is a significant positive indicator of volunteer leadership and efficient use of funds directly for the mission, rather than executive salaries. This commitment to volunteerism enhances public trust and ensures a higher proportion of funds can be directed towards programmatic activities. Despite the recent deficits, the association maintains a healthy asset base relative to its annual revenue, providing a buffer. The absence of officer compensation and liabilities points to a lean operational model. To improve financial health, the association should focus on aligning expenses with revenue, potentially through increased fundraising efforts or careful cost management, to avoid recurring deficits.

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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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