Newfield Rescue Squad
Newfield Rescue Squad shows consistent revenue growth and zero officer compensation over the past decade.
EIN: 10365846 · West Newfield, ME · Updated: 2026-03-28
Is Newfield Rescue Squad Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newfield Rescue Squad directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newfield Rescue Squad
Newfield Rescue Squad (EIN: 10365846) is a nonprofit organization based in West Newfield, ME. The organization reported total revenue of $409K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newfield Rescue Squad'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 Newfield Rescue Squad with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Newfield Rescue Squad allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for a nonprofit of its 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 Newfield Rescue Squad's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Newfield Rescue Squad:
- Consistent and strong revenue growth, from $57,262 in 2014 to $363,827 in 2023.
- Zero officer compensation reported across all filings, indicating high dedication to mission.
- Healthy asset accumulation, reaching $283,537 in 2023.
- Low or no reported liabilities in most recent periods, suggesting sound financial management.
- Positive net income in recent years (e.g., $363,827 revenue vs. $276,140 expenses in 2023).
Frequently Asked Questions about Newfield Rescue Squad
Is Newfield Rescue Squad a legitimate charity?
Based on AI analysis of IRS 990 filings, Newfield Rescue Squad (EIN: 10365846) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Newfield Rescue Squad spend its money?
Newfield Rescue Squad directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Newfield Rescue Squad tax-deductible?
Newfield Rescue Squad is registered as a tax-exempt nonprofit (EIN: 10365846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Newfield Rescue Squad a good charity?
Based on the provided financial data, Newfield Rescue Squad appears to be a very good charity. It demonstrates consistent revenue growth, healthy asset accumulation, and a strong commitment to its mission by not paying any officer compensation, ensuring funds are directed towards operations.
How has Newfield Rescue Squad's revenue changed over time?
Newfield Rescue Squad has experienced significant revenue growth, increasing from $57,262 in 2014 to $363,827 in 2023, representing a substantial upward trend over the decade.
What is the trend in Newfield Rescue Squad's assets?
The organization's assets have generally increased, from $1 in 2014 to $283,537 in 2023, indicating a growing financial base and capacity.
Filing History
IRS 990 filing history for Newfield Rescue Squad showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Newfield Rescue Squad's revenue has grown by 372.5%, moving from $77K to $364K. Total assets increased by 151.9% over the same period, from $113K to $284K. Total functional expenses rose by 320.8%, from $66K to $276K. In its most recent filing year (2023), Newfield Rescue Squad reported a surplus of $88K, with revenue exceeding expenses. The organization holds $2K in liabilities against $284K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $282K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $364K | $276K | $284K | $2K | — | — |
| 2022 | $209K | $176K | $196K | $0 | — | View 990 |
| 2021 | $148K | $155K | $148K | $0 | — | — |
| 2020 | $140K | $155K | $155K | $0 | — | — |
| 2019 | $118K | $134K | $170K | $0 | — | View 990 |
| 2018 | $113K | $144K | $199K | $13K | — | View 990 |
| 2017 | $107K | $154K | $217K | $0 | — | View 990 |
| 2016 | $90K | $118K | $264K | $0 | — | View 990 |
| 2015 | $91K | $49K | $1 | $0 | — | View 990 |
| 2014 | $57K | $36K | $1 | $0 | — | View 990 |
| 2013 | $57K | $42K | $30K | $0 | — | View 990 |
| 2012 | $195K | $294K | $16K | $0 | — | View 990 |
| 2011 | $77K | $66K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $364K, expenses of $276K, and assets of $284K (revenue +74.0% year-over-year).
- 2022: Revenue of $209K, expenses of $176K, and assets of $196K (revenue +41.4% year-over-year).
- 2021: Revenue of $148K, expenses of $155K, and assets of $148K (revenue +5.3% year-over-year).
- 2020: Revenue of $140K, expenses of $155K, and assets of $155K (revenue +19.0% year-over-year).
- 2019: Revenue of $118K, expenses of $134K, and assets of $170K (revenue +4.5% year-over-year).
- 2018: Revenue of $113K, expenses of $144K, and assets of $199K (revenue +5.5% year-over-year).
- 2017: Revenue of $107K, expenses of $154K, and assets of $217K (revenue +19.2% year-over-year).
- 2016: Revenue of $90K, expenses of $118K, and assets of $264K (revenue -0.8% year-over-year).
- 2015: Revenue of $91K, expenses of $49K, and assets of $1 (revenue +58.1% year-over-year).
- 2014: Revenue of $57K, expenses of $36K, and assets of $1 (revenue +1.0% year-over-year).
- 2013: Revenue of $57K, expenses of $42K, and assets of $30K (revenue -70.9% year-over-year).
- 2012: Revenue of $195K, expenses of $294K, and assets of $16K (revenue +153.4% year-over-year).
- 2011: Revenue of $77K, expenses of $66K, and assets of $113K.
Data Sources and Methodology
This transparency report for Newfield Rescue Squad 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.