Bethany Volunteer Firemans Association Inc
Bethany Volunteer Firemans Association: Consistent Community Service with Room for Transparency
EIN: 222816991 · Bethany, CT · Updated: 2026-04-04
Is Bethany Volunteer Firemans Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bethany Volunteer Firemans Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bethany Volunteer Firemans Association Inc
Bethany Volunteer Firemans Association Inc (EIN: 222816991) is a nonprofit organization based in Bethany, CT. The organization reported total revenue of $646K and total assets of $360K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethany Volunteer Firemans Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethany Volunteer Firemans Association Inc is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $462K |
| Total Expenses | $404K |
| Surplus / Deficit | +$58K |
| Total Assets | $317K |
| Total Liabilities | $100 |
| Net Assets | $317K |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Bethany Volunteer Firemans Association Inc reported a surplus of $58K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bethany Volunteer Firemans Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | -12.8% | +27.7% |
| 2022 | +26.5% | +25.6% | +4.7% |
| 2021 | -0.7% | +4.4% | +71.0% |
| 2020 | +7.3% | +0.2% | -7.9% |
| 2019 | -5.2% | -11.0% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bethany Volunteer Firemans Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Bethany Volunteer Firemans Association Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $58K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bethany Volunteer Firemans Association Inc's IRS 990 filings:
- Lack of detailed program descriptions in available data makes it challenging to fully understand the scope and impact of their services.
- The organization's net assets have fluctuated, with a notable increase from $138,596 in 2020 to $316,793 in 2023, without clear explanation for the growth.
Strengths
The following positive indicators were identified for Bethany Volunteer Firemans Association Inc:
- Consistently low administrative and fundraising costs, with program expenses typically exceeding 90% of total expenses.
- Long-standing presence in Bethany, CT, suggesting a stable and established community service organization.
- Fully volunteer leadership, demonstrating a strong commitment to the mission without drawing salaries.
Frequently Asked Questions about Bethany Volunteer Firemans Association Inc
Is Bethany Volunteer Firemans Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethany Volunteer Firemans Association Inc (EIN: 222816991) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Bethany Volunteer Firemans Association Inc spend its money?
Bethany Volunteer Firemans Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bethany Volunteer Firemans Association Inc tax-deductible?
Bethany Volunteer Firemans Association Inc is registered as a tax-exempt nonprofit (EIN: 222816991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Bethany Volunteer Firemans Association Inc do?
Bethany Volunteer Firemans Association Inc is a nonprofit organization in the Unknown sector, located in Bethany, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Bethany Volunteer Firemans Association Inc have?
Bethany Volunteer Firemans Association Inc reported total revenue of $646,434. Based on 13 IRS 990 filings on record.
What are Bethany Volunteer Firemans Association Inc's total assets?
Bethany Volunteer Firemans Association Inc holds total assets of $360,407 as reported in IRS 990 filings.
Where is Bethany Volunteer Firemans Association Inc located?
Bethany Volunteer Firemans Association Inc is based in Bethany, Connecticut.
What is Bethany Volunteer Firemans Association Inc's EIN?
Bethany Volunteer Firemans Association Inc's Employer Identification Number (EIN) is 222816991. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bethany Volunteer Firemans Association Inc?
Bethany Volunteer Firemans Association Inc is classified under NTEE code Unknown (Unknown).
Is Bethany Volunteer Firemans Association Inc a registered 501(c)(3)?
Bethany Volunteer Firemans Association Inc appears in IRS records (EIN: 222816991). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Bethany Volunteer Firemans Association Inc file IRS Form 990?
Yes, Bethany Volunteer Firemans Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Bethany Volunteer Firemans Association Inc's revenue in 2023?
In the 202306 filing period, Bethany Volunteer Firemans Association Inc reported total revenue of $462,186, total expenses of $404,149, and net assets of $316,793.
Is Bethany Volunteer Firemans Association Inc's revenue growing or declining?
Bethany Volunteer Firemans Association Inc's revenue is relatively stable. Revenue went from $485,320 (202206) to $462,186 (202306), a -4.8% change. Based on 13 filings on record.
What is Bethany Volunteer Firemans Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bethany Volunteer Firemans Association Inc covers tax period 202306. It shows revenue of $462,186, expenses of $404,149, total assets of $316,793, and liabilities of $100.
How much does Bethany Volunteer Firemans Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Bethany Volunteer Firemans Association Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Bethany Volunteer Firemans Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bethany Volunteer Firemans Association Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Bethany Volunteer Firemans Association Inc?
The following concerns were identified: Lack of detailed program descriptions in available data makes it challenging to fully understand the scope and impact of their services.. The organization's net assets have fluctuated, with a notable increase from $138,596 in 2020 to $316,793 in 2023, without clear explanation for the growth.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bethany Volunteer Firemans Association Inc's strengths?
Positive indicators for Bethany Volunteer Firemans Association Inc include: Consistently low administrative and fundraising costs, with program expenses typically exceeding 90% of total expenses.. Long-standing presence in Bethany, CT, suggesting a stable and established community service organization.. Fully volunteer leadership, demonstrating a strong commitment to the mission without drawing salaries.. These findings are derived from AI analysis of the organization's financial filings.
How does Bethany Volunteer Firemans Association Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 executive compensation, how does the organization ensure sustainable leadership and operational continuity without paid staff?
The organization likely relies heavily on dedicated volunteers for all operational aspects, potentially through a robust board structure and community engagement. However, this model can present challenges for long-term sustainability and professional development without some form of compensation or dedicated roles.
What specific programs or services are funded by the significant portion of expenses allocated to 'programs,' and how are their outcomes measured?
Without more detailed program descriptions, it's difficult to ascertain the exact nature of their program services. Given their name, it's highly probable these funds support fire prevention, emergency response, and related community safety initiatives. Outcome measurement would typically involve response times, training hours, and community engagement metrics.
Filing History
IRS 990 filing history for Bethany Volunteer Firemans Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bethany Volunteer Firemans Association Inc's revenue has grown by 72.3%, moving from $268K to $462K. Total assets decreased by 14.7% over the same period, from $371K to $317K. Total functional expenses rose by 68.6%, from $240K to $404K. In its most recent filing year (2023), Bethany Volunteer Firemans Association Inc reported a surplus of $58K, with revenue exceeding expenses. The organization holds $100 in liabilities against $317K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $317K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $462K | $404K | $317K | $100 | — | View 990 |
| 2022 | $485K | $463K | $248K | $2K | — | View 990 |
| 2021 | $384K | $369K | $237K | $10K | — | View 990 |
| 2020 | $386K | $353K | $139K | $0 | — | View 990 |
| 2019 | $360K | $353K | $150K | $0 | — | View 990 |
| 2018 | $379K | $397K | $157K | $0 | — | View 990 |
| 2017 | $341K | $332K | $189K | $0 | — | View 990 |
| 2016 | $281K | $280K | $181K | $2K | — | View 990 |
| 2015 | $264K | $313K | $180K | $971 | — | View 990 |
| 2014 | $259K | $275K | $229K | $0 | — | View 990 |
| 2013 | $296K | $320K | $245K | $0 | — | View 990 |
| 2012 | $268K | $370K | $269K | $0 | — | View 990 |
| 2011 | $268K | $240K | $371K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $462K, expenses of $404K, and assets of $317K (revenue -4.8% year-over-year).
- 2022: Revenue of $485K, expenses of $463K, and assets of $248K (revenue +26.5% year-over-year).
- 2021: Revenue of $384K, expenses of $369K, and assets of $237K (revenue -0.7% year-over-year).
- 2020: Revenue of $386K, expenses of $353K, and assets of $139K (revenue +7.3% year-over-year).
- 2019: Revenue of $360K, expenses of $353K, and assets of $150K (revenue -5.2% year-over-year).
- 2018: Revenue of $379K, expenses of $397K, and assets of $157K (revenue +11.1% year-over-year).
- 2017: Revenue of $341K, expenses of $332K, and assets of $189K (revenue +21.4% year-over-year).
- 2016: Revenue of $281K, expenses of $280K, and assets of $181K (revenue +6.7% year-over-year).
- 2015: Revenue of $264K, expenses of $313K, and assets of $180K (revenue +1.8% year-over-year).
- 2014: Revenue of $259K, expenses of $275K, and assets of $229K (revenue -12.6% year-over-year).
- 2013: Revenue of $296K, expenses of $320K, and assets of $245K (revenue +10.6% year-over-year).
- 2012: Revenue of $268K, expenses of $370K, and assets of $269K (revenue -0.3% year-over-year).
- 2011: Revenue of $268K, expenses of $240K, and assets of $371K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethany Volunteer Firemans Association Inc:
Data Sources and Methodology
This transparency report for Bethany Volunteer Firemans 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.