Bozrah Volunteer Fire Company Inc

Bozrah Volunteer Fire Company Inc shows consistent financial growth and zero officer compensation over a decade.

EIN: 141944486 · Bozrah, CT · NTEE: M24 · Updated: 2026-03-28

$582KRevenue

$1.3MAssets

95/100Mission Score (Excellent)

M24

About Bozrah Volunteer Fire Company Inc

Bozrah Volunteer Fire Company Inc (EIN: 141944486) is a nonprofit organization based in Bozrah, CT, classified under NTEE code M24. The organization reported total revenue of $582K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bozrah Volunteer Fire Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Bozrah Volunteer Fire Company Inc demonstrates consistent financial stability and a strong commitment to its mission. Over the past decade, the organization has shown steady growth in both revenue and assets, with assets increasing from $999,529 in 2015 to $1,386,049 in 2024. This growth, coupled with relatively low liabilities (e.g., $31,435 in 2024), indicates sound financial management and a healthy balance sheet. The organization's expenses have generally remained below its revenue, allowing for asset accumulation and operational sustainability.

Spending efficiency appears high, as the organization reports 0% officer compensation across all available filings, suggesting that resources are primarily directed towards operational costs and program delivery. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a strong indicator of efficient resource allocation. The consistent filing of IRS Form 990s over 15 periods also reflects a commitment to transparency.

Overall, the Bozrah Volunteer Fire Company Inc appears to be a well-managed and financially robust organization. Its consistent growth, minimal liabilities, and lack of executive compensation suggest that it effectively utilizes its resources to fulfill its mission of providing fire protection services to the community. The organization's financial health is strong, with a healthy reserve of assets relative to its annual expenses.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bozrah Volunteer Fire Company Inc 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Bozrah Volunteer Fire Company 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.

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 commendable for an organization of its size with assets exceeding $1.3 million.

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 Bozrah Volunteer Fire Company Inc:

Consistent revenue growth, from $237,965 in 2015 to $443,606 in 2024.
Strong asset accumulation, increasing from $999,529 in 2015 to $1,386,049 in 2024.
Zero officer compensation reported across all 15 filings, indicating high efficiency and volunteer commitment.
Low liabilities relative to assets, demonstrating sound financial management (e.g., $31,435 liabilities vs. $1,386,049 assets in 2024).
Expenses consistently below revenue in most years, allowing for healthy reserves and growth.

Frequently Asked Questions about Bozrah Volunteer Fire Company Inc

Is Bozrah Volunteer Fire Company Inc a good charity?

Based on the provided financial data, Bozrah Volunteer Fire Company Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by operating with 0% officer compensation.

How has the organization's financial health changed over time?

The organization's financial health has steadily improved over time. Revenue has grown from $237,965 in 2015 to $443,606 in 2024, and assets have increased from $999,529 to $1,386,049 over the same period, indicating consistent growth and stability.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is to have none. All available filings (15 periods) report 0% officer compensation, suggesting a fully volunteer-led executive team.

Filing History

IRS 990 filing history for Bozrah Volunteer Fire Company Inc showing financial trends over 15 years of public records:

Over 15 years of IRS 990 filings (2009–2024), Bozrah Volunteer Fire Company Inc's revenue has grown by 19%, moving from $373K to $444K. Total assets increased by 42.9% over the same period, from $970K to $1.4M. Total functional expenses fell by 4.4%, from $369K to $353K. In its most recent filing year (2024), Bozrah Volunteer Fire Company Inc reported a surplus of $91K, with revenue exceeding expenses. The organization holds $31K in liabilities against $1.4M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $1.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$444K	$353K	$1.4M	$31K	—	—
2023	$415K	$343K	$1.3M	$20K	—	View 990
2022	$357K	$359K	$1.2M	$11K	—	View 990
2021	$306K	$245K	$1.2M	$393	—	View 990
2020	$291K	$249K	$1.1M	$81	—	View 990
2019	$327K	$288K	$1.1M	$53	—	View 990
2018	$256K	$246K	$1.1M	$0	—	View 990
2017	$245K	$205K	$1.0M	$0	—	View 990
2016	$234K	$221K	$1.0M	$7K	—	View 990
2015	$238K	$215K	$1000K	$355	—	View 990
2014	$214K	$193K	$977K	$442	—	View 990
2013	$249K	$287K	$955K	$-466	—	View 990
2011	$304K	$302K	$1000K	$2K	—	View 990
2010	$292K	$257K	$996K	$38	—	View 990
2009	$373K	$369K	$970K	$2K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $444K, expenses of $353K, and assets of $1.4M (revenue +7.0% year-over-year).
2023: Revenue of $415K, expenses of $343K, and assets of $1.3M (revenue +16.1% year-over-year).
2022: Revenue of $357K, expenses of $359K, and assets of $1.2M (revenue +16.8% year-over-year).
2021: Revenue of $306K, expenses of $245K, and assets of $1.2M (revenue +5.0% year-over-year).
2020: Revenue of $291K, expenses of $249K, and assets of $1.1M (revenue -11.0% year-over-year).
2019: Revenue of $327K, expenses of $288K, and assets of $1.1M (revenue +27.8% year-over-year).
2018: Revenue of $256K, expenses of $246K, and assets of $1.1M (revenue +4.4% year-over-year).
2017: Revenue of $245K, expenses of $205K, and assets of $1.0M (revenue +4.9% year-over-year).
2016: Revenue of $234K, expenses of $221K, and assets of $1.0M (revenue -1.8% year-over-year).
2015: Revenue of $238K, expenses of $215K, and assets of $1000K (revenue +11.3% year-over-year).
2014: Revenue of $214K, expenses of $193K, and assets of $977K (revenue -14.1% year-over-year).
2013: Revenue of $249K, expenses of $287K, and assets of $955K (revenue -18.2% year-over-year).
2011: Revenue of $304K, expenses of $302K, and assets of $1000K (revenue +4.1% year-over-year).
2010: Revenue of $292K, expenses of $257K, and assets of $996K (revenue -21.6% year-over-year).
2009: Revenue of $373K, expenses of $369K, and assets of $970K.

Data Sources and Methodology

This transparency report for Bozrah Volunteer Fire Company 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.