Casco Fire Association
Casco Fire Association consistently maintains zero officer compensation and growing assets, indicating strong volunteer reliance and fiscal health.
EIN: 10375811 · Casco, ME · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $39K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $30,000 |
| Net Assets | $242K |
| Transparency Score | 95/100 |
Is Casco Fire Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Casco Fire Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Casco Fire Association
Casco Fire Association (EIN: 10375811) is a nonprofit organization based in Casco, ME, classified under NTEE code M24. The organization reported total revenue of $262K and total assets of $250K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casco Fire Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casco Fire Association is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $39K |
| Surplus / Deficit | +$22K |
| Total Assets | $242K |
| Net Assets | $242K |
| Operating Margin | 36.6% |
| Months of Reserves | 75.4 months |
Financial Health Grade: A
In 2023, Casco Fire Association reported a surplus of $22K with revenue exceeding expenses, holds 75.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Casco Fire Association's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.9% | +12.1% | +10.1% |
| 2022 | -18.5% | -5.6% | +7.4% |
| 2020 | -142.6% | -10.7% | -23.1% |
| 2019 | +1158.2% | +3.4% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Casco Fire Association 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, Casco Fire Association 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 $22K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely volunteer-run at the leadership level, which is highly efficient for an organization of its size with annual revenues typically around $30,000-$60,000.
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 Casco Fire Association's IRS 990 filings:
- One year (2020) reported negative revenue, which warrants further investigation into its cause, though assets continued to grow.
Strengths
The following positive indicators were identified for Casco Fire Association:
- Consistent 0% officer compensation, indicating high efficiency and volunteer reliance.
- Steady growth in net assets over the past decade, from $174,817 in 2014 to $241,795 in 2023.
- No reported liabilities across all available filings, demonstrating strong financial health.
- Consistent filing of IRS 990 forms, indicating good transparency.
- Expenses generally well-managed and below revenue in most years.
Frequently Asked Questions about Casco Fire Association
Is Casco Fire Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Casco Fire Association (EIN: 10375811) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Casco Fire Association spend its money?
Casco Fire Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Casco Fire Association tax-deductible?
Casco Fire Association is registered as a tax-exempt nonprofit (EIN: 10375811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Casco Fire Association CEO make?
Casco Fire Association's highest-compensated officer earns $30,000 annually. The organization reported $262K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Casco Fire Association compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Casco Fire Association 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 Casco Fire Association located?
Casco Fire Association is headquartered in Casco, Maine and files with the IRS under EIN 10375811. It is classified under NTEE code M24.
How many years of IRS 990 filings does Casco Fire Association have?
Casco Fire Association 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 $262K in total revenue.
Is Casco Fire Association a good charity?
Based on the available IRS 990 data, Casco Fire Association appears to be a very good charity. It consistently reports 0% officer compensation, indicating high efficiency and volunteer reliance. Its assets have steadily grown, and it maintains no liabilities, demonstrating strong financial health and responsible management.
How does Casco Fire Association manage its expenses?
The association generally manages its expenses well, keeping them below revenue in most years. For instance, in 2023, expenses were $38,501 against revenues of $60,686. The consistent 0% officer compensation suggests a highly efficient operational model, likely relying on volunteer efforts to minimize administrative costs.
What is the financial trend of Casco Fire Association's assets?
Casco Fire Association's assets have shown a consistent upward trend over the past decade, growing from $174,817 in 2014 to $241,795 in 2023, indicating sound financial stewardship and accumulation of resources.
Did the organization experience any financial difficulties?
While the organization reported negative revenue of $-25,724 in 2020, its assets continued to grow that year (from $180,329 to $234,376 in 2019), and it maintained no liabilities, suggesting it navigated this period without significant long-term financial distress, possibly due to prior reserves or non-cash revenue adjustments.
Filing History
IRS 990 filing history for Casco Fire Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Casco Fire Association's revenue has grown by 258%, moving from $17K to $61K. Total assets increased by 53.7% over the same period, from $157K to $242K. Total functional expenses rose by 26.1%, from $31K to $39K. In its most recent filing year (2023), Casco Fire Association reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $39K | $242K | $0 | — | — |
| 2022 | $49K | $34K | $220K | $0 | — | — |
| 2021 | $61K | $36K | $205K | $0 | — | — |
| 2020 | $-25,724 | $28K | $180K | $0 | — | View 990 |
| 2019 | $60K | $32K | $234K | $0 | — | View 990 |
| 2018 | $5K | $31K | $206K | $0 | — | View 990 |
| 2017 | $60K | $32K | $232K | $0 | — | View 990 |
| 2016 | $44K | $27K | $203K | $0 | — | View 990 |
| 2015 | $30K | $19K | $187K | $0 | — | View 990 |
| 2014 | $39K | $25K | $175K | $0 | — | View 990 |
| 2013 | $39K | $38K | $160K | $0 | — | View 990 |
| 2012 | $36K | $34K | $160K | $0 | — | View 990 |
| 2011 | $17K | $31K | $157K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $39K, and assets of $242K (revenue +22.9% year-over-year).
- 2022: Revenue of $49K, expenses of $34K, and assets of $220K (revenue -18.5% year-over-year).
- 2021: Revenue of $61K, expenses of $36K, and assets of $205K.
- 2020: Revenue of $-25,724, expenses of $28K, and assets of $180K (revenue -142.6% year-over-year).
- 2019: Revenue of $60K, expenses of $32K, and assets of $234K (revenue +1158.2% year-over-year).
- 2018: Revenue of $5K, expenses of $31K, and assets of $206K (revenue -92.0% year-over-year).
- 2017: Revenue of $60K, expenses of $32K, and assets of $232K (revenue +37.9% year-over-year).
- 2016: Revenue of $44K, expenses of $27K, and assets of $203K (revenue +44.3% year-over-year).
- 2015: Revenue of $30K, expenses of $19K, and assets of $187K (revenue -23.0% year-over-year).
- 2014: Revenue of $39K, expenses of $25K, and assets of $175K (revenue +0.3% year-over-year).
- 2013: Revenue of $39K, expenses of $38K, and assets of $160K (revenue +8.8% year-over-year).
- 2012: Revenue of $36K, expenses of $34K, and assets of $160K (revenue +112.4% year-over-year).
- 2011: Revenue of $17K, expenses of $31K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casco Fire Association:
Data Sources and Methodology
This transparency report for Casco Fire 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.