Ascutney Volunteer Fire Association Inc
EIN: 30356234 · Ascutney, VT · NTEE: M20
| Metric | Value |
|---|---|
| Total Expenses | $72K |
| Net Assets | $245K |
Is Ascutney Volunteer Fire Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ascutney Volunteer Fire Association Inc
Ascutney Volunteer Fire Association Inc (EIN: 30356234) is a nonprofit organization based in Ascutney, VT, classified under NTEE code M20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ascutney Volunteer Fire Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ascutney Volunteer Fire Association Inc is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2009–2020). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $72K |
| Surplus / Deficit | $-18,074 |
| Total Assets | $289K |
| Total Liabilities | $44K |
| Net Assets | $245K |
| Operating Margin | -33.4% |
| Debt-to-Asset Ratio | 15.3% |
| Months of Reserves | 48.1 months |
Financial Health Grade: B
In 2020, Ascutney Volunteer Fire Association Inc reported a deficit of $18K with expenses exceeding revenue, holds 48.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.3% (very low leverage).
Financial Trends
Over 12 years of filings (2009–2020), Ascutney Volunteer Fire Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -7.8% | +13.4% | +0.7% |
| 2019 | -3.5% | -15.1% | -3.2% |
| 2018 | -75.6% | -11.5% | -6.3% |
| 2017 | +382.3% | +9.6% | +100.4% |
| 2016 | -26.9% | -24.9% | -16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ascutney Volunteer Fire Association Inc 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 Ascutney Volunteer Fire Association Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.3%.
Frequently Asked Questions about Ascutney Volunteer Fire Association Inc
Is Ascutney Volunteer Fire Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ascutney Volunteer Fire Association Inc (EIN: 30356234) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ascutney Volunteer Fire Association Inc spend its money?
Detailed spending breakdown data is not yet available for Ascutney Volunteer Fire Association Inc. Check back for updated IRS 990 analysis.
Are donations to Ascutney Volunteer Fire Association Inc tax-deductible?
Ascutney Volunteer Fire Association Inc is registered as a tax-exempt nonprofit (EIN: 30356234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ascutney Volunteer Fire Association Inc located?
Ascutney Volunteer Fire Association Inc is headquartered in Ascutney, Vermont and files with the IRS under EIN 30356234. It is classified under NTEE code M20.
How many years of IRS 990 filings does Ascutney Volunteer Fire Association Inc have?
Ascutney Volunteer Fire Association Inc 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.
Filing History
IRS 990 filing history for Ascutney Volunteer Fire Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2009–2020), Ascutney Volunteer Fire Association Inc's revenue has declined by 19.5%, moving from $67K to $54K. Total assets increased by 79.3% over the same period, from $161K to $289K. Total functional expenses fell by 19.1%, from $89K to $72K. In its most recent filing year (2020), Ascutney Volunteer Fire Association Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $44K in liabilities against $289K in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $245K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $54K | $72K | $289K | $44K | — | View 990 |
| 2019 | $59K | $64K | $287K | $24K | — | View 990 |
| 2018 | $61K | $75K | $297K | $29K | — | View 990 |
| 2017 | $249K | $85K | $317K | $35K | — | View 990 |
| 2016 | $52K | $77K | $158K | $40K | — | View 990 |
| 2015 | $71K | $103K | $189K | $45K | — | View 990 |
| 2014 | $82K | $80K | $166K | $45K | — | View 990 |
| 2013 | $96K | $80K | $121K | $2K | — | View 990 |
| 2012 | $62K | $57K | $118K | $14K | — | View 990 |
| 2011 | $44K | $84K | $99K | $0 | — | View 990 |
| 2010 | $59K | $81K | $139K | $0 | — | View 990 |
| 2009 | $67K | $89K | $161K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $54K, expenses of $72K, and assets of $289K (revenue -7.8% year-over-year).
- 2019: Revenue of $59K, expenses of $64K, and assets of $287K (revenue -3.5% year-over-year).
- 2018: Revenue of $61K, expenses of $75K, and assets of $297K (revenue -75.6% year-over-year).
- 2017: Revenue of $249K, expenses of $85K, and assets of $317K (revenue +382.3% year-over-year).
- 2016: Revenue of $52K, expenses of $77K, and assets of $158K (revenue -26.9% year-over-year).
- 2015: Revenue of $71K, expenses of $103K, and assets of $189K (revenue -13.4% year-over-year).
- 2014: Revenue of $82K, expenses of $80K, and assets of $166K (revenue -14.9% year-over-year).
- 2013: Revenue of $96K, expenses of $80K, and assets of $121K (revenue +53.8% year-over-year).
- 2012: Revenue of $62K, expenses of $57K, and assets of $118K (revenue +42.6% year-over-year).
- 2011: Revenue of $44K, expenses of $84K, and assets of $99K (revenue -25.7% year-over-year).
- 2010: Revenue of $59K, expenses of $81K, and assets of $139K (revenue -12.5% year-over-year).
- 2009: Revenue of $67K, expenses of $89K, and assets of $161K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ascutney Volunteer Fire Association Inc:
Data Sources and Methodology
This transparency report for Ascutney Volunteer Fire Association Inc 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.