Hawleyville Vol Fire Co No 1 Incorporated
Hawleyville Vol Fire Co No 1 consistently operates at a deficit, relying on assets to cover expenses.
EIN: 205398781 · Newtown, CT · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $172K |
| Total Expenses | $167K |
| Program Spending | 90% |
| Net Assets | $434K |
| Transparency Score | 85/100 |
Is Hawleyville Vol Fire Co No 1 Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawleyville Vol Fire Co No 1 Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawleyville Vol Fire Co No 1 Incorporated
Hawleyville Vol Fire Co No 1 Incorporated (EIN: 205398781) is a nonprofit organization based in Newtown, CT, classified under NTEE code M24. The organization reported total revenue of $172K and total assets of $464K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawleyville Vol Fire Co No 1 Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawleyville Vol Fire Co No 1 Incorporated is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $167K |
| Surplus / Deficit | $-12,333 |
| Total Assets | $490K |
| Total Liabilities | $56K |
| Net Assets | $434K |
| Operating Margin | -8.0% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 35.3 months |
Financial Health Grade: B
In 2023, Hawleyville Vol Fire Co No 1 Incorporated reported a deficit of $12K with expenses exceeding revenue, holds 35.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hawleyville Vol Fire Co No 1 Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | -14.7% | -14.6% |
| 2022 | +23.9% | +60.1% | -8.3% |
| 2021 | -14.6% | -15.7% | +22.4% |
| 2020 | +24.5% | -13.2% | -17.1% |
| 2019 | +0.2% | +1.5% | -11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Hawleyville Vol Fire Co No 1 Incorporated with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Hawleyville Vol Fire Co No 1 Incorporated allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is entirely volunteer-led at the executive level, which is highly commendable for an organization of its size and mission.
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 Hawleyville Vol Fire Co No 1 Incorporated's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue in most recent years, e.g., $166,903 expenses vs. $154,570 revenue in 2023)
- Declining asset base in recent years (from $626,848 in 2021 to $490,460 in 2023)
Strengths
The following positive indicators were identified for Hawleyville Vol Fire Co No 1 Incorporated:
- 100% volunteer executive leadership (0% officer compensation reported across all filings)
- Strong program focus inherent in its NTEE code (M24 - Fire Protection & Control)
- Substantial asset base relative to annual revenue, providing a financial cushion (e.g., $490,460 assets vs. $154,570 revenue in 2023)
Frequently Asked Questions about Hawleyville Vol Fire Co No 1 Incorporated
Is Hawleyville Vol Fire Co No 1 Incorporated a legitimate charity?
Hawleyville Vol Fire Co No 1 Incorporated (EIN: 205398781) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $172K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Hawleyville Vol Fire Co No 1 Incorporated spend its money?
Hawleyville Vol Fire Co No 1 Incorporated directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hawleyville Vol Fire Co No 1 Incorporated tax-deductible?
Hawleyville Vol Fire Co No 1 Incorporated is registered as a tax-exempt nonprofit (EIN: 205398781). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hawleyville Vol Fire Co No 1 Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hawleyville Vol Fire Co No 1 Incorporated 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 Hawleyville Vol Fire Co No 1 Incorporated located?
Hawleyville Vol Fire Co No 1 Incorporated is headquartered in Newtown, Connecticut and files with the IRS under EIN 205398781. It is classified under NTEE code M24.
How many years of IRS 990 filings does Hawleyville Vol Fire Co No 1 Incorporated have?
Hawleyville Vol Fire Co No 1 Incorporated 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 $172K in total revenue.
Is Hawleyville Vol Fire Co No 1 Incorporated financially sustainable given its consistent deficit spending?
The organization has consistently spent more than it earned in recent years (e.g., $166,903 expenses vs. $154,570 revenue in 2023). While it has substantial assets ($490,460 in 2023), this trend is not sustainable long-term without drawing down reserves or increasing revenue.
How does the organization fund its operations without officer compensation?
The organization reports 0% officer compensation, meaning its leadership is entirely volunteer. This allows a greater portion of its revenue and assets to be directed towards its core mission of fire protection and emergency services.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, decreasing from $626,848 in 2021 to $490,460 in 2023, while liabilities have also varied, from $147,161 in 2021 to $56,470 in 2023. The decrease in assets, coupled with deficit spending, suggests a draw on reserves.
Filing History
IRS 990 filing history for Hawleyville Vol Fire Co No 1 Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hawleyville Vol Fire Co No 1 Incorporated's revenue has declined by 3.3%, moving from $160K to $155K. Total assets increased by 32.7% over the same period, from $370K to $490K. Total functional expenses rose by 170.2%, from $62K to $167K. In its most recent filing year (2023), Hawleyville Vol Fire Co No 1 Incorporated reported a deficit of $12K, with expenses exceeding revenue. The organization holds $56K in liabilities against $490K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $434K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $167K | $490K | $56K | — | View 990 |
| 2022 | $162K | $196K | $575K | $128K | — | — |
| 2021 | $131K | $122K | $627K | $147K | — | View 990 |
| 2020 | $154K | $145K | $512K | $41K | — | — |
| 2019 | $123K | $167K | $618K | $155K | — | View 990 |
| 2018 | $123K | $165K | $700K | $194K | — | View 990 |
| 2017 | $109K | $60K | $587K | $39K | — | View 990 |
| 2016 | $84K | $77K | $573K | $74K | — | View 990 |
| 2015 | $83K | $83K | $599K | $107K | — | View 990 |
| 2014 | $115K | $65K | $606K | $116K | — | View 990 |
| 2013 | $126K | $76K | $440K | $0 | — | View 990 |
| 2012 | $84K | $63K | $391K | $0 | — | View 990 |
| 2011 | $160K | $62K | $370K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $167K, and assets of $490K (revenue -4.8% year-over-year).
- 2022: Revenue of $162K, expenses of $196K, and assets of $575K (revenue +23.9% year-over-year).
- 2021: Revenue of $131K, expenses of $122K, and assets of $627K (revenue -14.6% year-over-year).
- 2020: Revenue of $154K, expenses of $145K, and assets of $512K (revenue +24.5% year-over-year).
- 2019: Revenue of $123K, expenses of $167K, and assets of $618K (revenue +0.2% year-over-year).
- 2018: Revenue of $123K, expenses of $165K, and assets of $700K (revenue +12.7% year-over-year).
- 2017: Revenue of $109K, expenses of $60K, and assets of $587K (revenue +30.2% year-over-year).
- 2016: Revenue of $84K, expenses of $77K, and assets of $573K (revenue +0.9% year-over-year).
- 2015: Revenue of $83K, expenses of $83K, and assets of $599K (revenue -27.9% year-over-year).
- 2014: Revenue of $115K, expenses of $65K, and assets of $606K (revenue -8.4% year-over-year).
- 2013: Revenue of $126K, expenses of $76K, and assets of $440K (revenue +50.2% year-over-year).
- 2012: Revenue of $84K, expenses of $63K, and assets of $391K (revenue -47.5% year-over-year).
- 2011: Revenue of $160K, expenses of $62K, and assets of $370K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawleyville Vol Fire Co No 1 Incorporated:
Data Sources and Methodology
This transparency report for Hawleyville Vol Fire Co No 1 Incorporated 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.