Cundys Harbor Volunteer Fire Department Inc
Cundys Harbor Volunteer Fire Department Inc shows consistent revenue growth and strong financial health with zero officer compensation.
EIN: 16015203 · Brunswick, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $382K |
| Total Expenses | $204K |
| Program Spending | 90% |
| Net Assets | $507K |
| Transparency Score | 92/100 |
Is Cundys Harbor Volunteer Fire Department Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cundys Harbor Volunteer Fire Department Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cundys Harbor Volunteer Fire Department Inc
Cundys Harbor Volunteer Fire Department Inc (EIN: 16015203) is a nonprofit organization based in Brunswick, ME. The organization reported total revenue of $382K and total assets of $667K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cundys Harbor Volunteer Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cundys Harbor Volunteer Fire Department Inc is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $204K |
| Surplus / Deficit | +$58K |
| Total Assets | $507K |
| Net Assets | $507K |
| Operating Margin | 22.0% |
| Months of Reserves | 29.7 months |
Financial Health Grade: A
In 2023, Cundys Harbor Volunteer Fire Department Inc reported a surplus of $58K with revenue exceeding expenses, holds 29.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Cundys Harbor Volunteer Fire Department Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.7% | +13.7% | +10.7% |
| 2022 | +17.1% | -6.1% | +7.4% |
| 2021 | +32.8% | +29.4% | -4.2% |
| 2020 | +0.4% | -19.5% | -4.3% |
| 2019 | +8.0% | -9.4% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1973 |
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 Cundys Harbor Volunteer Fire Department Inc 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, Cundys Harbor Volunteer Fire Department 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $58K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a fully volunteer-driven leadership structure and a direct allocation of all funds to operational and program expenses.
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 Cundys Harbor Volunteer Fire Department Inc:
- Consistent revenue growth, increasing from $129,986 in 2020 to $262,259 in 2023.
- Zero officer compensation reported across all filings, indicating a volunteer-driven model and efficient use of funds.
- Strong asset growth, with assets increasing from $444,976 in 2020 to $506,515 in 2023.
- No reported liabilities in recent years (2022 and 2023), demonstrating excellent financial management.
- Expenses generally below revenue in recent periods, leading to a healthy financial surplus.
Frequently Asked Questions about Cundys Harbor Volunteer Fire Department Inc
Is Cundys Harbor Volunteer Fire Department Inc a legitimate charity?
Cundys Harbor Volunteer Fire Department Inc (EIN: 16015203) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $382K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Cundys Harbor Volunteer Fire Department Inc spend its money?
Cundys Harbor Volunteer Fire Department Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cundys Harbor Volunteer Fire Department Inc tax-deductible?
Cundys Harbor Volunteer Fire Department Inc is registered as a tax-exempt nonprofit (EIN: 16015203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cundys Harbor Volunteer Fire Department Inc's spending goes to programs?
Cundys Harbor Volunteer Fire Department Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cundys Harbor Volunteer Fire Department Inc located?
Cundys Harbor Volunteer Fire Department Inc is headquartered in Brunswick, Maine and files with the IRS under EIN 16015203.
How many years of IRS 990 filings does Cundys Harbor Volunteer Fire Department Inc have?
Cundys Harbor Volunteer Fire Department Inc 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 $382K in total revenue.
Is Cundys Harbor Volunteer Fire Department Inc a good charity?
Based on the provided financial data, Cundys Harbor Volunteer Fire Department Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to its mission by operating with 0% officer compensation, ensuring funds are directly used for its services.
How has the organization's revenue trended over time?
The organization's revenue has shown a significant positive trend, increasing from $129,986 in 2020 to $262,259 in 2023, indicating growing support and financial capacity.
What is the organization's approach to executive compensation?
Cundys Harbor Volunteer Fire Department Inc operates with a volunteer leadership model, consistently reporting 0% officer compensation, which is a strong indicator of its dedication to maximizing resources for its mission.
Are there any significant liabilities?
No, the organization has reported $0 in liabilities for both 2022 and 2023, indicating a very healthy financial position and responsible debt management.
Filing History
IRS 990 filing history for Cundys Harbor Volunteer Fire Department Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cundys Harbor Volunteer Fire Department Inc's revenue has grown by 145.8%, moving from $107K to $262K. Total assets decreased by 30.1% over the same period, from $724K to $507K. Total functional expenses rose by 76.9%, from $116K to $204K. In its most recent filing year (2023), Cundys Harbor Volunteer Fire Department Inc reported a surplus of $58K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $262K | $204K | $507K | $0 | — | — |
| 2022 | $202K | $180K | $458K | $0 | — | View 990 |
| 2021 | $173K | $192K | $426K | $603 | — | View 990 |
| 2020 | $130K | $148K | $445K | $366 | — | — |
| 2019 | $129K | $184K | $465K | $2K | — | View 990 |
| 2018 | $120K | $203K | $522K | $5K | — | View 990 |
| 2017 | $133K | $165K | $603K | $2K | — | View 990 |
| 2016 | $124K | $143K | $636K | $3K | — | View 990 |
| 2015 | $107K | $141K | $655K | $4K | — | View 990 |
| 2014 | $126K | $153K | $687K | $2K | — | View 990 |
| 2013 | $128K | $136K | $713K | $318 | — | View 990 |
| 2012 | $126K | $129K | $721K | $800 | — | View 990 |
| 2011 | $107K | $116K | $724K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262K, expenses of $204K, and assets of $507K (revenue +29.7% year-over-year).
- 2022: Revenue of $202K, expenses of $180K, and assets of $458K (revenue +17.1% year-over-year).
- 2021: Revenue of $173K, expenses of $192K, and assets of $426K (revenue +32.8% year-over-year).
- 2020: Revenue of $130K, expenses of $148K, and assets of $445K (revenue +0.4% year-over-year).
- 2019: Revenue of $129K, expenses of $184K, and assets of $465K (revenue +8.0% year-over-year).
- 2018: Revenue of $120K, expenses of $203K, and assets of $522K (revenue -9.8% year-over-year).
- 2017: Revenue of $133K, expenses of $165K, and assets of $603K (revenue +7.5% year-over-year).
- 2016: Revenue of $124K, expenses of $143K, and assets of $636K (revenue +15.5% year-over-year).
- 2015: Revenue of $107K, expenses of $141K, and assets of $655K (revenue -15.1% year-over-year).
- 2014: Revenue of $126K, expenses of $153K, and assets of $687K (revenue -1.7% year-over-year).
- 2013: Revenue of $128K, expenses of $136K, and assets of $713K (revenue +1.7% year-over-year).
- 2012: Revenue of $126K, expenses of $129K, and assets of $721K (revenue +18.2% year-over-year).
- 2011: Revenue of $107K, expenses of $116K, and assets of $724K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cundys Harbor Volunteer Fire Department Inc:
Data Sources and Methodology
This transparency report for Cundys Harbor Volunteer Fire Department 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.