Decreasing trend in liabilities from $336,746 in 2018 to $180,966 in 2022, improving financial stability.
Consistent filing of IRS 990s over 12 periods, indicating good transparency and compliance.
Strong revenue generation, with latest revenue at $2,958,502, supporting operational needs.
AI Transparency Report
Valley Forge Volunteer Fire Company demonstrates consistent financial activity, with revenues and expenses generally in the range of $1.2M to $2.5M over the past five years. The organization's assets have remained robust, fluctuating between $3.3M and $4M, indicating a stable financial foundation. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation reported across all filings suggests a strong volunteer-driven model, which is a positive indicator for efficiency and donor trust. The organization's liabilities have shown a general decreasing trend from $336,746 in 2018 to $180,966 in 2022, further strengthening its financial position. The consistent filing of IRS 990s over 12 periods also points to good transparency practices.