Aberdeen Fire Department Incorporated
EIN: 237106281 · Aberdeen, MD · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.5M |
| Net Assets | $9.5M |
Is Aberdeen Fire Department Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aberdeen Fire Department Incorporated
Aberdeen Fire Department Incorporated (EIN: 237106281) is a nonprofit organization based in Aberdeen, MD, classified under NTEE code M24. The organization reported total revenue of $2.9M and total assets of $16.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aberdeen Fire Department Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aberdeen Fire Department Incorporated is a mid-size nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-174,295 |
| Total Assets | $15.6M |
| Total Liabilities | $6.1M |
| Net Assets | $9.5M |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 39.2% |
| Months of Reserves | 75.8 months |
Financial Health Grade: B
In 2023, Aberdeen Fire Department Incorporated reported a deficit of $174K with expenses exceeding revenue, holds 75.8 months of operating reserves (strong position), has a debt-to-asset ratio of 39.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Aberdeen Fire Department Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.4% | +10.0% | -4.0% |
| 2022 | -13.8% | +7.2% | -2.7% |
| 2021 | -14.5% | +24.8% | +38.0% |
| 2020 | +53.7% | -1.5% | +31.8% |
| 2019 | -4.3% | -0.5% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aberdeen Fire Department Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aberdeen Fire Department Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $174K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.2%.
Frequently Asked Questions about Aberdeen Fire Department Incorporated
Is Aberdeen Fire Department Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Aberdeen Fire Department Incorporated (EIN: 237106281) insufficient data. 0 red flags identified, 0 strengths noted.
How does Aberdeen Fire Department Incorporated spend its money?
Detailed spending breakdown data is not yet available for Aberdeen Fire Department Incorporated. Check back for updated IRS 990 analysis.
Are donations to Aberdeen Fire Department Incorporated tax-deductible?
Aberdeen Fire Department Incorporated is registered as a tax-exempt nonprofit (EIN: 237106281). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aberdeen Fire Department Incorporated located?
Aberdeen Fire Department Incorporated is headquartered in Aberdeen, Maryland and files with the IRS under EIN 237106281. It is classified under NTEE code M24.
How many years of IRS 990 filings does Aberdeen Fire Department Incorporated have?
Aberdeen Fire Department Incorporated has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
Filing History
IRS 990 filing history for Aberdeen Fire Department Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Aberdeen Fire Department Incorporated's revenue has grown by 23.7%, moving from $1.9M to $2.3M. Total assets increased by 71% over the same period, from $9.1M to $15.6M. Total functional expenses rose by 37.2%, from $1.8M to $2.5M. In its most recent filing year (2023), Aberdeen Fire Department Incorporated reported a deficit of $174K, with expenses exceeding revenue. The organization holds $6.1M in liabilities against $15.6M in assets (debt-to-asset ratio: 39.2%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.5M | $15.6M | $6.1M | — | — |
| 2022 | $2.1M | $2.3M | $16.3M | $6.6M | — | View 990 |
| 2021 | $2.5M | $2.1M | $16.7M | $6.9M | — | View 990 |
| 2020 | $2.9M | $1.7M | $12.1M | $2.7M | — | View 990 |
| 2019 | $1.9M | $1.7M | $9.2M | $966K | — | View 990 |
| 2018 | $2.0M | $1.7M | $9.2M | $1.1M | — | View 990 |
| 2017 | $2.0M | $1.8M | $9.1M | $1.2M | — | View 990 |
| 2016 | $2.1M | $1.9M | $9.1M | $1.4M | — | View 990 |
| 2015 | $1.8M | $1.8M | $8.3M | $784K | — | View 990 |
| 2014 | $1.8M | $1.8M | $8.9M | $1.4M | — | View 990 |
| 2013 | $1.7M | $1.8M | $8.8M | $1.1M | — | View 990 |
| 2012 | $1.9M | $1.8M | $9.1M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.5M, and assets of $15.6M (revenue +8.4% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.3M, and assets of $16.3M (revenue -13.8% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.1M, and assets of $16.7M (revenue -14.5% year-over-year).
- 2020: Revenue of $2.9M, expenses of $1.7M, and assets of $12.1M (revenue +53.7% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.7M, and assets of $9.2M (revenue -4.3% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.7M, and assets of $9.2M (revenue +-0.0% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.8M, and assets of $9.1M (revenue -5.0% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.9M, and assets of $9.1M (revenue +15.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $8.3M (revenue +0.7% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.8M, and assets of $8.9M (revenue +6.2% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.8M, and assets of $8.8M (revenue -10.5% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $9.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aberdeen Fire Department Incorporated:
Data Sources and Methodology
This transparency report for Aberdeen Fire Department Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.