New England Airdeale Rescue Inc
New England Airdeale Rescue Inc. operates with fluctuating revenues and no executive compensation, maintaining a debt-free status.
EIN: 141992810 · Cornwall Brg, CT · NTEE: D20 · Updated: 2026-03-28
Is New England Airdeale Rescue Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New England Airdeale Rescue Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New England Airdeale Rescue Inc
New England Airdeale Rescue Inc (EIN: 141992810) is a nonprofit organization based in Cornwall Brg, CT, classified under NTEE code D20. The organization reported total revenue of $27K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Airdeale Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Airdeale Rescue Inc is a micro nonprofit that has been operating for 4 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $19K |
| Surplus / Deficit | +$235 |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | 1.2% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, New England Airdeale Rescue Inc reported a surplus of $235 with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), New England Airdeale Rescue Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.4% | +28.4% | -10.3% |
| 2022 | -40.7% | -81.4% | +209.4% |
| 2021 | +57.8% | +206.5% | -80.4% |
| 2020 | -87.6% | -91.6% | +19.0% |
| 2019 | +1015.7% | +1767.2% | -62.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
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 New England Airdeale Rescue Inc with a Mission Score of 80 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, New England Airdeale Rescue Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $235, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a 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 New England Airdeale Rescue Inc's IRS 990 filings:
- Significant year-to-year revenue and expense volatility, making financial planning challenging.
- Two years (2019 and 2021) with substantial operating deficits, indicating periods where expenses significantly outstripped revenue.
Strengths
The following positive indicators were identified for New England Airdeale Rescue Inc:
- Consistently reports zero liabilities, indicating a debt-free and financially prudent operation.
- No officer compensation reported, suggesting a highly dedicated volunteer leadership and efficient use of funds.
- Maintains an asset base, providing some financial cushion despite revenue fluctuations.
Frequently Asked Questions about New England Airdeale Rescue Inc
Is New England Airdeale Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Airdeale Rescue Inc (EIN: 141992810) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does New England Airdeale Rescue Inc spend its money?
New England Airdeale Rescue Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New England Airdeale Rescue Inc tax-deductible?
New England Airdeale Rescue Inc is registered as a tax-exempt nonprofit (EIN: 141992810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is New England Airdeale Rescue Inc. financially stable?
While the organization has experienced significant fluctuations in revenue and occasional deficits (e.g., $51,431 deficit in 2019 and $29,316 deficit in 2021), it consistently maintains zero liabilities, suggesting a cautious approach to debt and a reliance on available funds. Its asset base has also fluctuated, but it has consistently held assets, indicating some level of financial resilience.
How does the lack of officer compensation impact the organization?
The absence of officer compensation means that all revenue can be directed towards program services and operational costs, rather than executive salaries. This is a strong indicator of a volunteer-driven model and can enhance the organization's efficiency and public trust, as it suggests a high level of dedication from its leadership.
What caused the significant expense increase in 2019 and 2021?
The filings show expenses significantly outpaced revenue in 2019 ($307,483 expenses vs. $256,052 revenue) and 2021 ($79,367 expenses vs. $50,051 revenue). Without a detailed breakdown of expenses, it's impossible to pinpoint the exact cause, but it could be due to specific large-scale rescue operations, facility costs, or other program-related expenditures that exceeded fundraising efforts in those particular years.
Filing History
IRS 990 filing history for New England Airdeale Rescue Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), New England Airdeale Rescue Inc's revenue has declined by 16.5%, moving from $23K to $19K. Total assets decreased by 75.9% over the same period, from $82K to $20K. Total functional expenses rose by 15%, from $16K to $19K. In its most recent filing year (2023), New England Airdeale Rescue Inc reported a surplus of $235, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $19K | $20K | $0 | — | — |
| 2022 | $30K | $15K | $22K | $0 | — | — |
| 2021 | $50K | $79K | $7K | $0 | — | — |
| 2020 | $32K | $26K | $36K | $0 | — | — |
| 2019 | $256K | $307K | $31K | $0 | — | — |
| 2018 | $23K | $16K | $82K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $19K, and assets of $20K (revenue -35.4% year-over-year).
- 2022: Revenue of $30K, expenses of $15K, and assets of $22K (revenue -40.7% year-over-year).
- 2021: Revenue of $50K, expenses of $79K, and assets of $7K (revenue +57.8% year-over-year).
- 2020: Revenue of $32K, expenses of $26K, and assets of $36K (revenue -87.6% year-over-year).
- 2019: Revenue of $256K, expenses of $307K, and assets of $31K (revenue +1015.7% year-over-year).
- 2018: Revenue of $23K, expenses of $16K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Airdeale Rescue Inc:
Data Sources and Methodology
This transparency report for New England Airdeale Rescue 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.