Fryeburg Firemens Fund
Fryeburg Firemens Fund maintains stable finances with growing assets but lacks detailed spending transparency.
EIN: 10513181 · Fryeburg, ME · NTEE: M12 · Updated: 2026-03-28
Is Fryeburg Firemens Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fryeburg Firemens Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fryeburg Firemens Fund
Fryeburg Firemens Fund (EIN: 10513181) is a nonprofit organization based in Fryeburg, ME, classified under NTEE code M12. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fryeburg Firemens Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fryeburg Firemens Fund is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $9K |
| Surplus / Deficit | +$3K |
| Total Assets | $88K |
| Net Assets | $88K |
| Operating Margin | 26.0% |
| Months of Reserves | 119.3 months |
Financial Health Grade: A
In 2020, Fryeburg Firemens Fund reported a surplus of $3K with revenue exceeding expenses, holds 119.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Fryeburg Firemens Fund's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +3.8% | -7.1% | +3.7% |
| 2019 | +1.7% | +4.6% | +2.4% |
| 2018 | -44.7% | -31.2% | +2.7% |
| 2017 | +55.2% | +25.4% | +9.8% |
| 2016 | -40.0% | -56.3% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1600 |
| IRS Ruling Date | 1998 |
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 Fryeburg Firemens Fund with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fryeburg Firemens Fund allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all filings, indicating that no executive compensation is paid, which is positive for a small nonprofit of this size.
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 Fryeburg Firemens Fund's IRS 990 filings:
- Lack of detailed expense breakdown in provided data
- Limited information on program activities and impact
Strengths
The following positive indicators were identified for Fryeburg Firemens Fund:
- Consistent revenue generation
- Healthy and growing asset base (e.g., $88,272 in 2020)
- No reported liabilities
- No officer compensation reported (0%)
- Stable financial operations over a decade
Frequently Asked Questions about Fryeburg Firemens Fund
Is Fryeburg Firemens Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Fryeburg Firemens Fund (EIN: 10513181) some concerns. Mission Score: 65/100. 2 red flags identified, 5 strengths noted.
How does Fryeburg Firemens Fund spend its money?
Fryeburg Firemens Fund directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fryeburg Firemens Fund tax-deductible?
Fryeburg Firemens Fund is registered as a tax-exempt nonprofit (EIN: 10513181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Fryeburg Firemens Fund a good charity?
Based on the available data, the Fryeburg Firemens Fund appears financially stable with consistent revenue and growing assets, and no reported liabilities or officer compensation. However, the lack of detailed expense breakdowns makes it difficult to fully assess its program efficiency and overall impact.
How does Fryeburg Firemens Fund spend its money?
While specific expense breakdowns are not provided in the summary data, the organization consistently spends less than its revenue in most years (e.g., $8,878 expenses vs. $11,991 revenue in 2020), suggesting a conservative spending approach. Without detailed categories, it's hard to pinpoint exact allocations to programs, administration, or fundraising.
What is the trend in Fryeburg Firemens Fund's assets?
The organization's assets have shown a consistent upward trend, increasing from $61,726 in 2011 to $88,272 in 2020, indicating sound financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Fryeburg Firemens Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Fryeburg Firemens Fund's revenue has declined by 18.5%, moving from $15K to $12K. Total assets increased by 43% over the same period, from $62K to $88K. Total functional expenses fell by 58.7%, from $21K to $9K. In its most recent filing year (2020), Fryeburg Firemens Fund reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $12K | $9K | $88K | $0 | — | — |
| 2019 | $12K | $10K | $85K | $0 | — | — |
| 2018 | $11K | $9K | $83K | $0 | — | View 990 |
| 2017 | $21K | $13K | $81K | $0 | — | View 990 |
| 2016 | $13K | $11K | $74K | $0 | — | View 990 |
| 2015 | $22K | $24K | $71K | $0 | — | View 990 |
| 2014 | $30K | $19K | $73K | $0 | — | View 990 |
| 2013 | $17K | $14K | $62K | $0 | — | View 990 |
| 2012 | $31K | $34K | $59K | $0 | — | View 990 |
| 2011 | $15K | $21K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $12K, expenses of $9K, and assets of $88K (revenue +3.8% year-over-year).
- 2019: Revenue of $12K, expenses of $10K, and assets of $85K (revenue +1.7% year-over-year).
- 2018: Revenue of $11K, expenses of $9K, and assets of $83K (revenue -44.7% year-over-year).
- 2017: Revenue of $21K, expenses of $13K, and assets of $81K (revenue +55.2% year-over-year).
- 2016: Revenue of $13K, expenses of $11K, and assets of $74K (revenue -40.0% year-over-year).
- 2015: Revenue of $22K, expenses of $24K, and assets of $71K (revenue -27.6% year-over-year).
- 2014: Revenue of $30K, expenses of $19K, and assets of $73K (revenue +75.4% year-over-year).
- 2013: Revenue of $17K, expenses of $14K, and assets of $62K (revenue -44.6% year-over-year).
- 2012: Revenue of $31K, expenses of $34K, and assets of $59K (revenue +113.0% year-over-year).
- 2011: Revenue of $15K, expenses of $21K, and assets of $62K.
Data Sources and Methodology
This transparency report for Fryeburg Firemens Fund 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.