Canaan Firefighters Association

Canaan Firefighters Association shows recent inactivity after years of modest, volunteer-supported operations.

EIN: 20384325 · Canaan, NH · NTEE: M24 · Updated: 2026-03-28

$0Revenue

$0Assets

75/100Mission Score (Good)

M24

About Canaan Firefighters Association

Canaan Firefighters Association (EIN: 20384325) is a nonprofit organization based in Canaan, NH, classified under NTEE code M24. 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 Canaan Firefighters Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Canaan Firefighters Association appears to be a small, volunteer-driven organization based on its financial filings. The most recent filing shows $0 in revenue and assets, which suggests either a period of inactivity or a change in reporting. Historically, the organization has operated with modest revenues, peaking at $41,905 in 2015, and expenses generally in line with or slightly exceeding revenue, as seen in 2015 where expenses were $45,631. The consistent reporting of $0 for officer compensation across all available filings indicates a strong reliance on volunteer efforts and a lack of paid executive staff, which is a positive sign for efficiency in a small nonprofit. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The organization's transparency is good in terms of filing its IRS 990s, but without more granular expense data, it's difficult to fully evaluate how funds are allocated between programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Canaan Firefighters Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Canaan Firefighters Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is run entirely by volunteers and does not pay its officers, which is highly efficient for an organization of its size.

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 Canaan Firefighters Association's IRS 990 filings:

Latest filing shows $0 revenue and assets, indicating potential inactivity or cessation of operations.
Lack of detailed expense breakdowns in provided data limits full financial analysis.

Strengths

The following positive indicators were identified for Canaan Firefighters Association:

Consistently reports 0% officer compensation, indicating a volunteer-driven model and high efficiency in executive costs.
History of consistent IRS 990 filings, demonstrating transparency.
Modest historical expenses generally in line with revenue, suggesting responsible financial management in active periods.

Frequently Asked Questions about Canaan Firefighters Association

Is Canaan Firefighters Association a good charity?

Based on the available data, the Canaan Firefighters Association appears to be a volunteer-led organization with no paid officers, which is a positive indicator of efficiency. However, the most recent filing showing $0 in revenue and assets raises questions about its current operational status. Historically, it has managed modest funds to support its mission.

What caused the $0 revenue and assets in the latest filing?

The provided data does not specify the reason for the $0 revenue and assets in the latest filing. This could indicate a period of dormancy, a change in reporting, or that the organization is no longer active. Further investigation into their most recent public records would be needed.

How does their spending efficiency compare to similar organizations?

With 0% officer compensation, the Canaan Firefighters Association demonstrates excellent efficiency in terms of executive costs. Without detailed expense breakdowns for programs, administration, and fundraising, a direct comparison of overall spending efficiency to similar organizations is difficult, but the volunteer model is a strong positive.

Filing History

IRS 990 filing history for Canaan Firefighters Association showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2010–2015), Canaan Firefighters Association's revenue has grown by 191.1%, moving from $14K to $42K. Total assets decreased by 14.1% over the same period, from $30K to $26K. Total functional expenses rose by 311.8%, from $11K to $46K. In its most recent filing year (2015), Canaan Firefighters Association reported a deficit of $4K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2015	$42K	$46K	$26K	$0	—	View 990
2013	$13K	$11K	$31K	$0	—	—
2012	$11K	$12K	$29K	$0	—	View 990
2011	$10K	$10K	$30K	$0	—	View 990
2010	$14K	$11K	$30K	$0	—	View 990

Year-by-Year Financial Summary

2015: Revenue of $42K, expenses of $46K, and assets of $26K (revenue +229.3% year-over-year).
2013: Revenue of $13K, expenses of $11K, and assets of $31K (revenue +20.3% year-over-year).
2012: Revenue of $11K, expenses of $12K, and assets of $29K (revenue +4.3% year-over-year).
2011: Revenue of $10K, expenses of $10K, and assets of $30K (revenue -29.5% year-over-year).
2010: Revenue of $14K, expenses of $11K, and assets of $30K.

Data Sources and Methodology

This transparency report for Canaan Firefighters Association 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.