Is Westmont Fire Company No 1 Legit? —…

Strengths

Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
Significant reduction in liabilities over the past decade, from $1,266,231 in 2014 to $808,693 in 2023.
Revenues consistently exceeding expenses in recent years (e.g., $417,320 revenue vs. $286,206 expenses in 2023), leading to financial surpluses.
Stable asset base, reported at $1,536,344 in 2023, providing financial security.
Consistent and timely IRS 990 filings, demonstrating good transparency.

Spending Breakdown

How Westmont Fire Company No 1 allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Westmont Fire Company No 1

Is Westmont Fire Company No 1 a legitimate charity?

Based on AI analysis of IRS 990 filings, Westmont Fire Company No 1 (EIN: 210685814) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Westmont Fire Company No 1 a good charity to donate to?

Westmont Fire Company No 1 has a Mission Score of 90/100. Revenue: $293K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Westmont Fire Company No 1?

The Employer Identification Number (EIN) for Westmont Fire Company No 1 is 210685814. 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 Westmont Fire Company No 1 spend its money?

Westmont Fire Company No 1 allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Westmont Fire Company No 1's tax-exempt status?

You can verify Westmont Fire Company No 1's tax-exempt status using EIN 210685814 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

Westmont Fire Company No 1 demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a stable asset base. For example, in 2023, revenue was $417,320 against expenses of $286,206, resulting in a surplus. The organization's assets have fluctuated but remain substantial, reported at $1,536,344 in 2023. Liabilities have shown a decreasing trend from a high of $1,266,231 in 2014 to $808,693 in 2023, indicating improved financial health and reduced debt burden over time.

The organization's spending efficiency appears sound, particularly given that officer compensation has consistently been reported as 0% across all available filings, suggesting a volunteer-driven leadership structure. This lack of paid executive compensation is a significant positive indicator for donor confidence, as it implies that a very high proportion of funds are directed towards operational expenses and program delivery rather than administrative salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

Transparency is generally good through its consistent IRS 990 filings. The absence of officer compensation is a strong point for transparency regarding executive pay. To further enhance transparency, the organization could provide more detailed breakdowns of its expenses beyond the summary figures available in the provided data, allowing for a clearer understanding of how funds are allocated across its core activities.

Is Westmont Fire Company No 1 Legit?

Verdict: Westmont Fire Company No 1 appears trustworthy

Red Flags