Lebanon Volunteer Fire Department

Is Lebanon Volunteer Fire Department Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Lebanon Volunteer Fire Department directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Lebanon Volunteer Fire Department

Lebanon Volunteer Fire Department (EIN: 100006500) is a nonprofit organization based in Lebanon, CT, classified under NTEE code M24. The organization reported total revenue of $627K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lebanon Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lebanon Volunteer Fire Department 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: 10%
• programs: 90%
• fundraising: 0%

According to IRS 990 filings, Lebanon Volunteer Fire Department 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative costs and allows more funds to be directed towards the department's core mission, which is highly commendable for an organization with over $1 million in assets.

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 Lebanon Volunteer Fire Department:

• 0% Officer Compensation: All filings show no compensation for officers, indicating a volunteer-led model and high efficiency.
• Strong Asset Growth: Assets have consistently grown over the past decade, from $743,950 in 2014 to $1,138,757 in 2023.
• Low Liabilities: Most filings report $0 in liabilities, demonstrating strong financial management and minimal debt.
• Consistent IRS 990 Filings: A history of 13 filings shows good transparency and compliance.
• Mission-Aligned Spending: The volunteer leadership and low overhead suggest a high percentage of funds are directed to program services.

Frequently Asked Questions about Lebanon Volunteer Fire Department

Filing History

IRS 990 filing history for Lebanon Volunteer Fire Department showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Lebanon Volunteer Fire Department's revenue has grown by 74.8%, moving from $299K to $522K. Total assets increased by 61.8% over the same period, from $704K to $1.1M. Total functional expenses rose by 80.7%, from $321K to $579K. In its most recent filing year (2023), Lebanon Volunteer Fire Department reported a deficit of $57K, with expenses exceeding revenue.

Year-by-Year Financial Summary

• 2023: Revenue of $522K, expenses of $579K, and assets of $1.1M (revenue -1.6% year-over-year).
• 2022: Revenue of $531K, expenses of $469K, and assets of $1.1M (revenue -4.3% year-over-year).
• 2021: Revenue of $554K, expenses of $541K, and assets of $1.1M (revenue +27.1% year-over-year).
• 2020: Revenue of $436K, expenses of $406K, and assets of $1.0M (revenue +11.2% year-over-year).
• 2019: Revenue of $392K, expenses of $407K, and assets of $972K (revenue -1.5% year-over-year).
• 2018: Revenue of $398K, expenses of $322K, and assets of $1.0M (revenue +8.1% year-over-year).
• 2017: Revenue of $368K, expenses of $320K, and assets of $903K (revenue -6.4% year-over-year).
• 2016: Revenue of $393K, expenses of $326K, and assets of $834K (revenue +14.2% year-over-year).
• 2015: Revenue of $344K, expenses of $321K, and assets of $767K (revenue +6.3% year-over-year).
• 2014: Revenue of $324K, expenses of $350K, and assets of $744K (revenue +0.4% year-over-year).
• 2013: Revenue of $323K, expenses of $279K, and assets of $770K (revenue -1.5% year-over-year).
• 2012: Revenue of $328K, expenses of $305K, and assets of $747K (revenue +9.7% year-over-year).
• 2011: Revenue of $299K, expenses of $321K, and assets of $704K.

Data Sources and Methodology

This transparency report for Lebanon Volunteer Fire Department 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.