East Farmingdale Volunteer Fire Co Inc
East Farmingdale Volunteer Fire Co Inc maintains stable finances with 0% officer compensation.
EIN: 112160243 · Farmingdale, NY · NTEE: M24 · Updated: 2026-03-28
Is East Farmingdale Volunteer Fire Co Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
East Farmingdale Volunteer Fire Co Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About East Farmingdale Volunteer Fire Co Inc
East Farmingdale Volunteer Fire Co Inc (EIN: 112160243) is a nonprofit organization based in Farmingdale, NY, classified under NTEE code M24. The organization reported total revenue of $5.9M and total assets of $19.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Farmingdale Volunteer Fire Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East Farmingdale Volunteer Fire Co Inc is a mid-size nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-106,976 |
| Total Assets | $16.1M |
| Total Liabilities | $5.8M |
| Net Assets | $10.4M |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 35.9% |
| Months of Reserves | 37.3 months |
Financial Health Grade: B
In 2023, East Farmingdale Volunteer Fire Co Inc reported a deficit of $107K with expenses exceeding revenue, holds 37.3 months of operating reserves (strong position), has a debt-to-asset ratio of 35.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), East Farmingdale Volunteer Fire Co Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | -0.4% | -1.9% |
| 2022 | +6.9% | +2.4% | +1.5% |
| 2021 | -2.5% | +9.3% | -5.0% |
| 2020 | +7.0% | +4.8% | +0.2% |
| 2019 | +1.2% | +3.7% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 6000 |
| IRS Ruling Date | 2014 |
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 East Farmingdale Volunteer Fire Co 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, East Farmingdale Volunteer Fire Co Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 deficit of $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.9%.
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 and allows all funds to be directed towards operational expenses and mission delivery.
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 East Farmingdale Volunteer Fire Co Inc:
- Consistent 0% officer compensation, indicating strong volunteer leadership and efficient use of funds.
- Stable financial performance over a decade, with revenues generally tracking expenses.
- Growing asset base, reaching $19,049,579, suggesting long-term financial health.
- Clear mission focus as a volunteer fire company, directly serving public safety.
- Regular and consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about East Farmingdale Volunteer Fire Co Inc
Is East Farmingdale Volunteer Fire Co Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, East Farmingdale Volunteer Fire Co Inc (EIN: 112160243) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does East Farmingdale Volunteer Fire Co Inc spend its money?
East Farmingdale Volunteer Fire Co Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to East Farmingdale Volunteer Fire Co Inc tax-deductible?
East Farmingdale Volunteer Fire Co Inc is registered as a tax-exempt nonprofit (EIN: 112160243). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is East Farmingdale Volunteer Fire Co Inc a good charity?
Yes, East Farmingdale Volunteer Fire Co Inc appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to volunteerism and efficient use of funds. Its financial health is stable, with growing assets and consistent revenue and expense management over a decade.
How does East Farmingdale Volunteer Fire Co Inc manage its finances?
The organization manages its finances stably, with revenues generally covering expenses. For example, in 2023, revenue was $5,093,990 against expenses of $5,200,966. It has also consistently grown its assets, reaching $19,049,579, demonstrating sound financial stewardship.
What is the organization's approach to executive compensation?
East Farmingdale Volunteer Fire Co Inc has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This means that no salaries are paid to its officers, reinforcing its volunteer-driven model.
Filing History
IRS 990 filing history for East Farmingdale Volunteer Fire Co Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), East Farmingdale Volunteer Fire Co Inc's revenue has grown by 27.6%, moving from $4.0M to $5.1M. Total assets increased by 21.3% over the same period, from $13.3M to $16.1M. Total functional expenses rose by 33.4%, from $3.9M to $5.2M. In its most recent filing year (2023), East Farmingdale Volunteer Fire Co Inc reported a deficit of $107K, with expenses exceeding revenue. The organization holds $5.8M in liabilities against $16.1M in assets (debt-to-asset ratio: 35.9%), resulting in net assets of $10.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $5.2M | $16.1M | $5.8M | — | — |
| 2022 | $5.1M | $5.2M | $16.5M | $6.0M | — | View 990 |
| 2021 | $4.8M | $5.1M | $16.2M | $6.0M | — | View 990 |
| 2020 | $4.9M | $4.7M | $17.1M | $6.8M | — | View 990 |
| 2019 | $4.6M | $4.5M | $17.0M | $6.8M | — | View 990 |
| 2018 | $4.5M | $4.3M | $16.1M | $6.0M | — | View 990 |
| 2017 | $4.4M | $4.3M | $16.2M | $6.3M | — | View 990 |
| 2016 | $4.4M | $4.0M | $16.2M | $6.6M | — | View 990 |
| 2015 | $4.2M | $4.2M | $16.6M | $7.4M | — | View 990 |
| 2014 | $4.0M | $3.9M | $14.7M | $4.8M | — | View 990 |
| 2013 | $4.1M | $3.8M | $13.8M | $4.0M | — | View 990 |
| 2012 | $4.1M | $3.7M | $13.4M | $3.9M | — | View 990 |
| 2011 | $4.0M | $3.9M | $13.3M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $5.2M, and assets of $16.1M (revenue -0.1% year-over-year).
- 2022: Revenue of $5.1M, expenses of $5.2M, and assets of $16.5M (revenue +6.9% year-over-year).
- 2021: Revenue of $4.8M, expenses of $5.1M, and assets of $16.2M (revenue -2.5% year-over-year).
- 2020: Revenue of $4.9M, expenses of $4.7M, and assets of $17.1M (revenue +7.0% year-over-year).
- 2019: Revenue of $4.6M, expenses of $4.5M, and assets of $17.0M (revenue +1.2% year-over-year).
- 2018: Revenue of $4.5M, expenses of $4.3M, and assets of $16.1M (revenue +1.8% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.3M, and assets of $16.2M (revenue +1.5% year-over-year).
- 2016: Revenue of $4.4M, expenses of $4.0M, and assets of $16.2M (revenue +4.4% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.2M, and assets of $16.6M (revenue +4.6% year-over-year).
- 2014: Revenue of $4.0M, expenses of $3.9M, and assets of $14.7M (revenue -1.9% year-over-year).
- 2013: Revenue of $4.1M, expenses of $3.8M, and assets of $13.8M (revenue +0.5% year-over-year).
- 2012: Revenue of $4.1M, expenses of $3.7M, and assets of $13.4M (revenue +1.7% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.9M, and assets of $13.3M.
Data Sources and Methodology
This transparency report for East Farmingdale Volunteer Fire Co 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.