Friends Of The Denver Fire Dept
Friends Of The Denver Fire Dept shows strong financial growth and stability with no reported officer compensation.
EIN: 203651384 · Denver, CO · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $211K |
| Total Expenses | $185K |
| Program Spending | 85% |
| Net Assets | $294K |
| Transparency Score | 90/100 |
Is Friends Of The Denver Fire Dept Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Denver Fire Dept directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Denver Fire Dept
Friends Of The Denver Fire Dept (EIN: 203651384) is a nonprofit organization based in Denver, CO, classified under NTEE code M24. The organization reported total revenue of $211K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Denver Fire Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Denver Fire Dept is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $381K |
| Total Expenses | $185K |
| Surplus / Deficit | +$196K |
| Total Assets | $294K |
| Net Assets | $294K |
| Operating Margin | 51.4% |
| Months of Reserves | 19.1 months |
Financial Health Grade: A
In 2024, Friends Of The Denver Fire Dept reported a surplus of $196K with revenue exceeding expenses, holds 19.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2024), Friends Of The Denver Fire Dept's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +189.8% | +83.8% | +199.9% |
| 2023 | +15.8% | -7.9% | +45.7% |
| 2022 | +50.0% | +119.3% | +6.7% |
| 2021 | +49.9% | +51.5% | +69.6% |
| 2020 | -19.0% | -27.0% | +90.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Friends Of The Denver Fire Dept with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Friends Of The Denver Fire Dept allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $196K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and growth, suggesting a volunteer-led executive team.
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 Friends Of The Denver Fire Dept:
- Strong revenue growth, increasing from $50,498 in 2020 to $380,758 in 2024.
- Consistent asset growth, reaching $293,824 in 2024.
- Zero reported liabilities across all filings, indicating excellent financial management.
- 0% officer compensation reported, suggesting high efficiency in directing funds to mission.
- Robust filing history with 12 IRS 990 filings, demonstrating transparency and compliance.
Frequently Asked Questions about Friends Of The Denver Fire Dept
Is Friends Of The Denver Fire Dept a legitimate charity?
Friends Of The Denver Fire Dept (EIN: 203651384) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $211K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Friends Of The Denver Fire Dept spend its money?
Friends Of The Denver Fire Dept directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of The Denver Fire Dept tax-deductible?
Friends Of The Denver Fire Dept is registered as a tax-exempt nonprofit (EIN: 203651384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of The Denver Fire Dept's spending goes to programs?
Friends Of The Denver Fire Dept directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Denver Fire Dept compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Friends Of The Denver Fire Dept 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 Friends Of The Denver Fire Dept located?
Friends Of The Denver Fire Dept is headquartered in Denver, Colorado and files with the IRS under EIN 203651384. It is classified under NTEE code M24.
How many years of IRS 990 filings does Friends Of The Denver Fire Dept have?
Friends Of The Denver Fire Dept has 12 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 $211K in total revenue.
Is Friends Of The Denver Fire Dept a good charity?
Based on the available data, Friends Of The Denver Fire Dept appears to be a good charity. It demonstrates strong financial growth, consistent asset accumulation, zero liabilities, and notably, 0% officer compensation, suggesting a high dedication of funds to its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $50,498 in 2020 to $380,758 in 2024, indicating growing support and fundraising success.
What is the organization's financial stability?
Friends Of The Denver Fire Dept exhibits strong financial stability, consistently reporting zero liabilities across all filings and a healthy growth in assets, reaching $293,824 in 2024.
Filing History
IRS 990 filing history for Friends Of The Denver Fire Dept showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Friends Of The Denver Fire Dept's revenue has grown by 355.9%, moving from $84K to $381K. Total assets increased by 1783.7% over the same period, from $16K to $294K. Total functional expenses rose by 159.5%, from $71K to $185K. In its most recent filing year (2024), Friends Of The Denver Fire Dept reported a surplus of $196K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $381K | $185K | $294K | $0 | — | — |
| 2023 | $131K | $101K | $98K | $0 | — | View 990 |
| 2022 | $113K | $109K | $67K | $0 | — | View 990 |
| 2021 | $76K | $50K | $63K | $0 | — | View 990 |
| 2020 | $50K | $33K | $37K | $0 | — | View 990 |
| 2019 | $62K | $45K | $20K | $0 | — | View 990 |
| 2018 | $19K | $24K | $2K | $0 | — | View 990 |
| 2016 | $21K | $60K | $18K | $0 | — | View 990 |
| 2015 | $39K | $54K | $58K | $0 | — | View 990 |
| 2014 | $121K | $100K | $73K | $0 | — | View 990 |
| 2013 | $73K | $38K | $51K | $0 | — | View 990 |
| 2012 | $84K | $71K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $381K, expenses of $185K, and assets of $294K (revenue +189.8% year-over-year).
- 2023: Revenue of $131K, expenses of $101K, and assets of $98K (revenue +15.8% year-over-year).
- 2022: Revenue of $113K, expenses of $109K, and assets of $67K (revenue +50.0% year-over-year).
- 2021: Revenue of $76K, expenses of $50K, and assets of $63K (revenue +49.9% year-over-year).
- 2020: Revenue of $50K, expenses of $33K, and assets of $37K (revenue -19.0% year-over-year).
- 2019: Revenue of $62K, expenses of $45K, and assets of $20K (revenue +224.8% year-over-year).
- 2018: Revenue of $19K, expenses of $24K, and assets of $2K (revenue -7.4% year-over-year).
- 2016: Revenue of $21K, expenses of $60K, and assets of $18K (revenue -47.0% year-over-year).
- 2015: Revenue of $39K, expenses of $54K, and assets of $58K (revenue -67.7% year-over-year).
- 2014: Revenue of $121K, expenses of $100K, and assets of $73K (revenue +66.3% year-over-year).
- 2013: Revenue of $73K, expenses of $38K, and assets of $51K (revenue -12.6% year-over-year).
- 2012: Revenue of $84K, expenses of $71K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Denver Fire Dept:
Data Sources and Methodology
This transparency report for Friends Of The Denver Fire Dept 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.