Blue Hill Fire Company
Blue Hill Fire Company consistently operates with surpluses and zero liabilities, growing assets steadily.
EIN: 10443318 · Blue Hill, ME · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $356K |
| Total Expenses | $61K |
| Program Spending | 90% |
| Net Assets | $1.8M |
| Transparency Score | 95/100 |
Is Blue Hill Fire Company Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Hill Fire Company directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Hill Fire Company
Blue Hill Fire Company (EIN: 10443318) is a nonprofit organization based in Blue Hill, ME, classified under NTEE code M24. The organization reported total revenue of $356K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Hill Fire Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Hill Fire Company is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $61K |
| Surplus / Deficit | +$42K |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | 41.2% |
| Months of Reserves | 358.2 months |
Financial Health Grade: A
In 2023, Blue Hill Fire Company reported a surplus of $42K with revenue exceeding expenses, holds 358.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Blue Hill Fire Company's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.8% | -19.3% | -3.1% |
| 2022 | +3.5% | +33.7% | +7.0% |
| 2021 | +56.0% | +22.9% | +35.4% |
| 2020 | +46.6% | -11.4% | -9.0% |
| 2019 | -33.7% | -42.4% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1600 |
| IRS Ruling Date | 1999 |
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 Blue Hill Fire Company with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Blue Hill Fire Company allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $42K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient and directs more funds to the mission.
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.
Strengths
The following positive indicators were identified for Blue Hill Fire Company:
- Consistent financial surpluses (e.g., $103,219 revenue vs. $60,735 expenses in 2023).
- Zero reported liabilities across all filing periods.
- Steady and significant growth in assets over time (from $1.13M in 2014 to $1.81M in 2023).
- 0% officer compensation, indicating a volunteer-driven and highly efficient leadership structure.
- High program spending efficiency due to low overhead.
Frequently Asked Questions about Blue Hill Fire Company
Is Blue Hill Fire Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Hill Fire Company (EIN: 10443318) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Blue Hill Fire Company spend its money?
Blue Hill Fire Company directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blue Hill Fire Company tax-deductible?
Blue Hill Fire Company is registered as a tax-exempt nonprofit (EIN: 10443318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Blue Hill Fire Company compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Blue Hill Fire Company is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blue Hill Fire Company located?
Blue Hill Fire Company is headquartered in Blue Hill, Maine and files with the IRS under EIN 10443318. It is classified under NTEE code M24.
How many years of IRS 990 filings does Blue Hill Fire Company have?
Blue Hill Fire Company 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 $356K in total revenue.
Is Blue Hill Fire Company a good charity?
Yes, Blue Hill Fire Company appears to be a very good charity. It consistently operates with financial surpluses, has zero liabilities, and has steadily grown its assets from $1,130,290 in 2014 to $1,812,720 in 2023. The absence of officer compensation suggests a highly efficient, volunteer-driven model.
How does Blue Hill Fire Company manage its expenses?
Blue Hill Fire Company manages its expenses very effectively, consistently spending less than its revenue. For example, in 2023, expenses were $60,735 against revenues of $103,219, meaning only about 58.8% of revenue was spent. This efficiency allows for significant asset growth.
What is the financial trend of Blue Hill Fire Company's assets?
The financial trend for Blue Hill Fire Company's assets is consistently positive, showing steady growth from $1,130,290 in 2014 to $1,812,720 in 2023. This indicates strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Blue Hill Fire Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Blue Hill Fire Company's revenue has grown by 2.9%, moving from $100K to $103K. Total assets increased by 102.8% over the same period, from $894K to $1.8M. Total functional expenses rose by 84.5%, from $33K to $61K. In its most recent filing year (2023), Blue Hill Fire Company reported a surplus of $42K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $61K | $1.8M | $0 | — | View 990 |
| 2022 | $127K | $75K | $1.9M | $0 | — | View 990 |
| 2021 | $123K | $56K | $1.7M | $0 | — | View 990 |
| 2020 | $79K | $46K | $1.3M | $0 | — | View 990 |
| 2019 | $54K | $52K | $1.4M | $0 | — | View 990 |
| 2018 | $81K | $90K | $1.3M | $0 | — | View 990 |
| 2017 | $79K | $31K | $1.3M | $0 | — | View 990 |
| 2016 | $76K | $23K | $1.2M | $0 | — | View 990 |
| 2015 | $77K | $26K | $1.2M | $0 | — | View 990 |
| 2014 | $90K | $44K | $1.1M | $0 | — | View 990 |
| 2013 | $87K | $33K | $1.0M | $0 | — | View 990 |
| 2012 | $100K | $33K | $894K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $61K, and assets of $1.8M (revenue -18.8% year-over-year).
- 2022: Revenue of $127K, expenses of $75K, and assets of $1.9M (revenue +3.5% year-over-year).
- 2021: Revenue of $123K, expenses of $56K, and assets of $1.7M (revenue +56.0% year-over-year).
- 2020: Revenue of $79K, expenses of $46K, and assets of $1.3M (revenue +46.6% year-over-year).
- 2019: Revenue of $54K, expenses of $52K, and assets of $1.4M (revenue -33.7% year-over-year).
- 2018: Revenue of $81K, expenses of $90K, and assets of $1.3M (revenue +3.2% year-over-year).
- 2017: Revenue of $79K, expenses of $31K, and assets of $1.3M (revenue +3.2% year-over-year).
- 2016: Revenue of $76K, expenses of $23K, and assets of $1.2M (revenue -0.5% year-over-year).
- 2015: Revenue of $77K, expenses of $26K, and assets of $1.2M (revenue -15.0% year-over-year).
- 2014: Revenue of $90K, expenses of $44K, and assets of $1.1M (revenue +3.0% year-over-year).
- 2013: Revenue of $87K, expenses of $33K, and assets of $1.0M (revenue -12.9% year-over-year).
- 2012: Revenue of $100K, expenses of $33K, and assets of $894K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Hill Fire Company:
Data Sources and Methodology
This transparency report for Blue Hill Fire Company 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.