Is Waterford Fire Engine Co No 1 Incorporated Legit?
Quick charity verification for Waterford Fire Engine Co No 1 Incorporated (EIN: 222720843)
Verdict: Waterford Fire Engine Co No 1 Incorporated appears trustworthy
75/100Mission Score
$11KRevenue
$199KAssets
2Red Flags
3Strengths
Red Flags
Revenue has shown a significant decline from $28,031 in 2019 to $11,114 in 2024.
Lack of detailed expense breakdown beyond total expenses (e.g., 'x11708' in 2024) makes program efficiency difficult to assess.
Strengths
Assets have remained relatively stable over the past several years, indicating financial resilience despite revenue fluctuations.
Consistent filing of financial data demonstrates a commitment to transparency.
Zero reported liabilities and no reported executive compensation suggest a lean operational model.
AI Transparency Report
Waterford Fire Engine Co No 1 Incorporated is a unknown nonprofit based in Waterford, Connecticut, with reported revenue of $11K and assets of $199K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is not reported in the provided data, suggesting a volunteer-based leadership structure. Revenue has declined -55% across 13 filing periods.