Cockeysville Volunteer Fire Companytrust
Cockeysville Volunteer Fire Companytrust maintains strong assets and zero liabilities, though recent expenses have outpaced revenue.
EIN: 205942882 · Cockeysville, MD · NTEE: M112 · Updated: 2026-03-28
About Cockeysville Volunteer Fire Companytrust
Cockeysville Volunteer Fire Companytrust (EIN: 205942882) is a nonprofit organization based in Cockeysville, MD, classified under NTEE code M112. The organization reported total revenue of $813K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cockeysville Volunteer Fire Companytrust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cockeysville Volunteer Fire Companytrust with a Mission Score of 92 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, Cockeysville Volunteer Fire Companytrust 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
No officer compensation has been reported in any of the 13 available IRS 990 filings, indicating a volunteer-led organization, which is highly efficient for an organization with assets exceeding $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.
Red Flags
The following concerns were identified during AI analysis of Cockeysville Volunteer Fire Companytrust's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), potentially drawing down reserves if this trend continues.
Strengths
The following positive indicators were identified for Cockeysville Volunteer Fire Companytrust:
- Zero reported liabilities across all 13 filings, indicating exceptional financial stability.
- No officer compensation reported, demonstrating a highly efficient, volunteer-led operational model.
- Substantial and stable asset base, with latest assets at $3,625,547, providing a strong financial foundation.
- Consistent filing history over 13 periods, indicating good transparency and compliance.
Frequently Asked Questions about Cockeysville Volunteer Fire Companytrust
Is Cockeysville Volunteer Fire Companytrust a good charity?
Based on the available data, Cockeysville Volunteer Fire Companytrust appears to be a very good charity. It maintains substantial assets ($3,625,547 latest reported), has zero liabilities across all filings, and operates with no reported officer compensation, indicating a highly efficient, volunteer-driven model focused on its mission.
How does the organization fund its operations given recent expense trends?
While recent filings (2022 and 2023) show expenses exceeding revenue, the organization has significant assets (over $3 million) which could be used to cover shortfalls. It's also possible they rely on periodic large donations or grants not fully reflected in annual revenue fluctuations, or that the 'expenses' include capital expenditures.
What is the primary source of revenue for the organization?
The IRS 990 data does not detail specific revenue sources, but for a volunteer fire company, common sources include community donations, local government support, fundraising events, and potentially investment income from their substantial assets.
Filing History
IRS 990 filing history for Cockeysville Volunteer Fire Companytrust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cockeysville Volunteer Fire Companytrust's revenue has declined by 8.7%, moving from $150K to $137K. Total assets increased by 73.7% over the same period, from $1.9M to $3.4M. Total functional expenses rose by 565%, from $35K to $230K. In its most recent filing year (2023), Cockeysville Volunteer Fire Companytrust reported a deficit of $93K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $137K | $230K | $3.4M | $0 | — | — |
| 2022 | $226K | $282K | $3.2M | $0 | — | View 990 |
| 2021 | $337K | $164K | $3.8M | $0 | — | View 990 |
| 2020 | $218K | $203K | $3.6M | $0 | — | View 990 |
| 2019 | $217K | $31K | $3.4M | $0 | — | View 990 |
| 2018 | $192K | $43K | $3.0M | $0 | — | View 990 |
| 2017 | $201K | $36K | $3.1M | $0 | — | View 990 |
| 2016 | $144K | $39K | $3.3M | $0 | — | View 990 |
| 2015 | $275K | $39K | $3.1M | $0 | — | View 990 |
| 2014 | $262K | $42K | $3.2M | $0 | — | View 990 |
| 2013 | $185K | $33K | $3.0M | $0 | — | View 990 |
| 2012 | $121K | $30K | $2.6M | $616K | — | View 990 |
| 2011 | $150K | $35K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $137K, expenses of $230K, and assets of $3.4M (revenue -39.3% year-over-year).
- 2022: Revenue of $226K, expenses of $282K, and assets of $3.2M (revenue -33.0% year-over-year).
- 2021: Revenue of $337K, expenses of $164K, and assets of $3.8M (revenue +54.9% year-over-year).
- 2020: Revenue of $218K, expenses of $203K, and assets of $3.6M (revenue +0.3% year-over-year).
- 2019: Revenue of $217K, expenses of $31K, and assets of $3.4M (revenue +13.2% year-over-year).
- 2018: Revenue of $192K, expenses of $43K, and assets of $3.0M (revenue -4.6% year-over-year).
- 2017: Revenue of $201K, expenses of $36K, and assets of $3.1M (revenue +39.2% year-over-year).
- 2016: Revenue of $144K, expenses of $39K, and assets of $3.3M (revenue -47.6% year-over-year).
- 2015: Revenue of $275K, expenses of $39K, and assets of $3.1M (revenue +5.2% year-over-year).
- 2014: Revenue of $262K, expenses of $42K, and assets of $3.2M (revenue +41.4% year-over-year).
- 2013: Revenue of $185K, expenses of $33K, and assets of $3.0M (revenue +52.6% year-over-year).
- 2012: Revenue of $121K, expenses of $30K, and assets of $2.6M (revenue -19.3% year-over-year).
- 2011: Revenue of $150K, expenses of $35K, and assets of $1.9M.
Data Sources and Methodology
This transparency report for Cockeysville Volunteer Fire Companytrust 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.