Milton Firefighters Association Inc
Milton Firefighters Association: Strong Assets, Low Program Spending
EIN: 222540639 · Milton, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $32K |
| Program Spending | 20% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $160K |
| Transparency Score | 65/100 |
Is Milton Firefighters Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milton Firefighters Association Inc directs 20% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Milton Firefighters Association Inc
Milton Firefighters Association Inc (EIN: 222540639) is a nonprofit organization based in Milton, VT. The organization reported total revenue of $49K and total assets of $161K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milton Firefighters Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milton Firefighters Association Inc is a micro nonprofit that has been operating for 41 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -42.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $32K |
| Surplus / Deficit | $-6,323 |
| Total Assets | $160K |
| Net Assets | $160K |
| Operating Margin | -24.6% |
| Months of Reserves | 60.1 months |
Financial Health Grade: B
In 2023, Milton Firefighters Association Inc reported a deficit of $6K with expenses exceeding revenue, holds 60.1 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Milton Firefighters Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -42.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.5% | +39.2% | -3.8% |
| 2022 | -54.4% | +17.5% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Milton Firefighters Association Inc 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: 40%
- programs: 20%
- fundraising: 40%
According to IRS 990 filings, Milton Firefighters Association Inc allocates its expenses as follows: admin: 40%, programs: 20%, fundraising: 40%. Only 20% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in available filings, suggesting it is below the $150,000 threshold for individual reporting or that no officers receive compensation.
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 Milton Firefighters Association Inc's IRS 990 filings:
- Program spending is consistently low, with only 20% of expenses allocated to programs in 2023 ($6,408 out of $32,040 total expenses).
- Administrative and fundraising expenses combined represent 80% of total expenses in 2023 ($25,632 out of $32,040).
- Revenue has shown a declining trend from $76,747 in 2021 to $25,717 in 2023.
Strengths
The following positive indicators were identified for Milton Firefighters Association Inc:
- The organization maintains a healthy asset base of $160,357 in 2023.
- No reported liabilities, indicating strong financial solvency.
Frequently Asked Questions about Milton Firefighters Association Inc
Is Milton Firefighters Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Milton Firefighters Association Inc (EIN: 222540639) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Milton Firefighters Association Inc spend its money?
Milton Firefighters Association Inc directs 20% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Milton Firefighters Association Inc tax-deductible?
Milton Firefighters Association Inc is registered as a tax-exempt nonprofit (EIN: 222540639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Milton Firefighters Association Inc CEO make?
Milton Firefighters Association Inc's highest-compensated officer earns $150,000 annually. The organization reported $49K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Milton Firefighters Association Inc's spending goes to programs?
Milton Firefighters Association Inc directs 20% to programs, 40% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Milton Firefighters Association Inc located?
Milton Firefighters Association Inc is headquartered in Milton, Vermont and files with the IRS under EIN 222540639.
How many years of IRS 990 filings does Milton Firefighters Association Inc have?
Milton Firefighters Association Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $49K in total revenue.
What does Milton Firefighters Association Inc do?
Milton Firefighters Association Inc is a nonprofit organization in the Unknown sector, located in Milton, Vermont. It is classified under NTEE code Unknown.
How much revenue does Milton Firefighters Association Inc have?
Milton Firefighters Association Inc reported total revenue of $49,116. Based on 3 IRS 990 filings on record.
What are Milton Firefighters Association Inc's total assets?
Milton Firefighters Association Inc holds total assets of $161,077 as reported in IRS 990 filings.
Where is Milton Firefighters Association Inc located?
Milton Firefighters Association Inc is based in Milton, Vermont.
What is Milton Firefighters Association Inc's EIN?
Milton Firefighters Association Inc's Employer Identification Number (EIN) is 222540639. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Milton Firefighters Association Inc?
Milton Firefighters Association Inc is classified under NTEE code Unknown (Unknown).
Is Milton Firefighters Association Inc a registered 501(c)(3)?
Milton Firefighters Association Inc appears in IRS records (EIN: 222540639). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Milton Firefighters Association Inc file IRS Form 990?
Yes, Milton Firefighters Association Inc has 3 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Milton Firefighters Association Inc's revenue in 2023?
In the 202312 filing period, Milton Firefighters Association Inc reported total revenue of $25,717, total expenses of $32,040, and net assets of $160,357.
Is Milton Firefighters Association Inc's revenue growing or declining?
Milton Firefighters Association Inc's revenue is declining. Revenue went from $34,980 (202212) to $25,717 (202312), a -26.5% change. Based on 3 filings on record.
What is Milton Firefighters Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Milton Firefighters Association Inc covers tax period 202312. It shows revenue of $25,717, expenses of $32,040, total assets of $160,357, and liabilities of N/A.
How much does Milton Firefighters Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Milton Firefighters Association Inc allocates approximately 20% of expenses to program services, 40% to administrative costs, and 40% to fundraising. Overhead costs appear high relative to program spending.
Is Milton Firefighters Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Milton Firefighters Association Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Milton Firefighters Association Inc?
The following concerns were identified: Program spending is consistently low, with only 20% of expenses allocated to programs in 2023 ($6,408 out of $32,040 total expenses).. Administrative and fundraising expenses combined represent 80% of total expenses in 2023 ($25,632 out of $32,040).. Revenue has shown a declining trend from $76,747 in 2021 to $25,717 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Milton Firefighters Association Inc's strengths?
Positive indicators for Milton Firefighters Association Inc include: The organization maintains a healthy asset base of $160,357 in 2023.. No reported liabilities, indicating strong financial solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Milton Firefighters Association Inc compensate executives?
Executive compensation is not reported in available filings, suggesting it is below the $150,000 threshold for individual reporting or that no officers receive compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant asset base and low program spending, what is the strategic plan for utilizing these assets to further the organization's mission?
The filings do not detail a specific plan for asset utilization, which could be a point of inquiry for potential donors or stakeholders.
Filing History
IRS 990 filing history for Milton Firefighters Association Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Milton Firefighters Association Inc's revenue has declined by 66.5%, moving from $77K to $26K. Total assets increased by 3.6% over the same period, from $155K to $160K. Total functional expenses rose by 63.5%, from $20K to $32K. In its most recent filing year (2023), Milton Firefighters Association Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $32K | $160K | $0 | — | View 990 |
| 2022 | $35K | $23K | $167K | $0 | — | View 990 |
| 2021 | $77K | $20K | $155K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $32K, and assets of $160K (revenue -26.5% year-over-year).
- 2022: Revenue of $35K, expenses of $23K, and assets of $167K (revenue -54.4% year-over-year).
- 2021: Revenue of $77K, expenses of $20K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milton Firefighters Association Inc:
Data Sources and Methodology
This transparency report for Milton Firefighters Association 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.