Bethel Vol Fire Dept
EIN: 60942132 · Norwalk, CT
| Metric | Value |
|---|---|
| Total Revenue | $721K |
| Total Expenses | $695K |
| Net Assets | $898K |
Is Bethel Vol Fire Dept Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bethel Vol Fire Dept
Bethel Vol Fire Dept (EIN: 60942132) is a nonprofit organization based in Norwalk, CT. The organization reported total revenue of $721K and total assets of $971K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethel Vol Fire Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethel Vol Fire Dept 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 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $635K |
| Total Expenses | $695K |
| Surplus / Deficit | $-60,113 |
| Total Assets | $959K |
| Total Liabilities | $61K |
| Net Assets | $898K |
| Operating Margin | -9.5% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 16.5 months |
Financial Health Grade: B
In 2023, Bethel Vol Fire Dept reported a deficit of $60K with expenses exceeding revenue, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bethel Vol Fire Dept's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.4% | -4.7% | -9.3% |
| 2022 | +5.9% | +7.2% | -8.6% |
| 2021 | +53.5% | +5.6% | +1.2% |
| 2020 | -30.6% | +0.8% | -14.1% |
| 2019 | +24.1% | +12.2% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bethel Vol Fire Dept 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 Bethel Vol Fire Dept 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 $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.3%.
Frequently Asked Questions about Bethel Vol Fire Dept
Is Bethel Vol Fire Dept a legitimate charity?
Bethel Vol Fire Dept (EIN: 60942132) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $721K. No red flags identified. Financial health grade: B.
How does Bethel Vol Fire Dept spend its money?
Bethel Vol Fire Dept reported $721K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bethel Vol Fire Dept tax-deductible?
Bethel Vol Fire Dept is registered as a tax-exempt nonprofit (EIN: 60942132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bethel Vol Fire Dept located?
Bethel Vol Fire Dept is headquartered in Norwalk, Connecticut and files with the IRS under EIN 60942132.
How many years of IRS 990 filings does Bethel Vol Fire Dept have?
Bethel Vol Fire Dept has 13 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 $721K in total revenue.
Filing History
IRS 990 filing history for Bethel Vol Fire Dept showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bethel Vol Fire Dept's revenue has grown by 48.5%, moving from $428K to $635K. Total assets increased by 37.6% over the same period, from $697K to $959K. Total functional expenses rose by 55.6%, from $447K to $695K. In its most recent filing year (2023), Bethel Vol Fire Dept reported a deficit of $60K, with expenses exceeding revenue. The organization holds $61K in liabilities against $959K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $898K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $635K | $695K | $959K | $61K | — | View 990 |
| 2022 | $742K | $729K | $1.1M | $102K | — | View 990 |
| 2021 | $701K | $680K | $1.2M | $132K | — | — |
| 2020 | $456K | $645K | $1.1M | $144K | — | View 990 |
| 2019 | $658K | $640K | $1.3M | $168K | — | View 990 |
| 2018 | $530K | $570K | $1.2M | $27K | — | View 990 |
| 2017 | $758K | $538K | $1.2M | $63K | — | View 990 |
| 2016 | $620K | $515K | $979K | $13K | — | View 990 |
| 2015 | $523K | $513K | $871K | $12K | — | View 990 |
| 2014 | $498K | $467K | $886K | $27K | — | View 990 |
| 2013 | $623K | $503K | $852K | $28K | — | View 990 |
| 2012 | $473K | $464K | $705K | $0 | — | View 990 |
| 2011 | $428K | $447K | $697K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $635K, expenses of $695K, and assets of $959K (revenue -14.4% year-over-year).
- 2022: Revenue of $742K, expenses of $729K, and assets of $1.1M (revenue +5.9% year-over-year).
- 2021: Revenue of $701K, expenses of $680K, and assets of $1.2M (revenue +53.5% year-over-year).
- 2020: Revenue of $456K, expenses of $645K, and assets of $1.1M (revenue -30.6% year-over-year).
- 2019: Revenue of $658K, expenses of $640K, and assets of $1.3M (revenue +24.1% year-over-year).
- 2018: Revenue of $530K, expenses of $570K, and assets of $1.2M (revenue -30.1% year-over-year).
- 2017: Revenue of $758K, expenses of $538K, and assets of $1.2M (revenue +22.2% year-over-year).
- 2016: Revenue of $620K, expenses of $515K, and assets of $979K (revenue +18.6% year-over-year).
- 2015: Revenue of $523K, expenses of $513K, and assets of $871K (revenue +5.1% year-over-year).
- 2014: Revenue of $498K, expenses of $467K, and assets of $886K (revenue -20.1% year-over-year).
- 2013: Revenue of $623K, expenses of $503K, and assets of $852K (revenue +31.7% year-over-year).
- 2012: Revenue of $473K, expenses of $464K, and assets of $705K (revenue +10.5% year-over-year).
- 2011: Revenue of $428K, expenses of $447K, and assets of $697K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethel Vol Fire Dept:
Data Sources and Methodology
This transparency report for Bethel Vol Fire Dept 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.