Ogunquit Fire Company
Ogunquit Fire Company maintains stable finances with zero liabilities and no executive compensation.
EIN: 10390401 · Ogunquit, ME · NTEE: M24 · Updated: 2026-03-28
Is Ogunquit Fire Company Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ogunquit Fire Company directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ogunquit Fire Company
Ogunquit Fire Company (EIN: 10390401) is a nonprofit organization based in Ogunquit, ME, classified under NTEE code M24. The organization reported total revenue of $39K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ogunquit Fire Company'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 Ogunquit Fire Company with a Mission Score of 88 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, Ogunquit Fire Company 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization 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.
Strengths
The following positive indicators were identified for Ogunquit Fire Company:
- Zero liabilities reported across all filings, indicating strong financial health.
- 0% officer compensation, suggesting resources are directed to mission-related activities.
- Consistent IRS 990 filing history, demonstrating transparency.
- Stable and growing asset base, from $69,621 in 2014 to $95,013 currently.
- Consistent revenue generation over a decade, showing sustained community support.
Frequently Asked Questions about Ogunquit Fire Company
Is Ogunquit Fire Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Ogunquit Fire Company (EIN: 10390401) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Ogunquit Fire Company spend its money?
Ogunquit Fire Company directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ogunquit Fire Company tax-deductible?
Ogunquit Fire Company is registered as a tax-exempt nonprofit (EIN: 10390401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ogunquit Fire Company a good charity?
Based on the provided data, Ogunquit Fire Company appears to be a well-managed organization. It consistently reports zero liabilities, no officer compensation, and maintains a stable asset base, suggesting efficient use of its modest revenue for its mission.
How does Ogunquit Fire Company manage its expenses?
The organization's expenses have fluctuated, for example, $26,455 in 2021 and $38,397 in 2020. However, with no officer compensation, it suggests that the majority of these expenses are directed towards operational costs and program delivery, aligning with its NTEE code for fire protection.
What is the trend in Ogunquit Fire Company's assets?
Ogunquit Fire Company's assets have shown a positive trend, growing from $69,621 in 2014 to $95,013 currently, indicating sound financial management and accumulation of resources over time.
Filing History
IRS 990 filing history for Ogunquit Fire Company showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Ogunquit Fire Company's revenue has declined by 9.5%, moving from $33K to $30K. Total assets decreased by 6.9% over the same period, from $97K to $90K. Total functional expenses fell by 16.7%, from $32K to $26K. In its most recent filing year (2021), Ogunquit Fire Company reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $30K | $26K | $90K | $0 | — | — |
| 2020 | $28K | $38K | $87K | $0 | — | — |
| 2019 | $37K | $35K | $97K | $0 | — | View 990 |
| 2018 | $36K | $25K | $96K | $0 | — | View 990 |
| 2017 | $40K | $37K | $85K | $0 | — | View 990 |
| 2016 | $34K | $29K | $83K | $0 | — | View 990 |
| 2015 | $35K | $28K | $77K | $0 | — | View 990 |
| 2014 | $27K | $40K | $70K | $0 | — | View 990 |
| 2013 | $34K | $40K | $83K | $0 | — | View 990 |
| 2012 | $25K | $33K | $89K | $0 | — | View 990 |
| 2011 | $33K | $32K | $97K | $209 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $30K, expenses of $26K, and assets of $90K (revenue +6.8% year-over-year).
- 2020: Revenue of $28K, expenses of $38K, and assets of $87K (revenue -23.9% year-over-year).
- 2019: Revenue of $37K, expenses of $35K, and assets of $97K (revenue +4.0% year-over-year).
- 2018: Revenue of $36K, expenses of $25K, and assets of $96K (revenue -10.3% year-over-year).
- 2017: Revenue of $40K, expenses of $37K, and assets of $85K (revenue +14.8% year-over-year).
- 2016: Revenue of $34K, expenses of $29K, and assets of $83K (revenue -1.1% year-over-year).
- 2015: Revenue of $35K, expenses of $28K, and assets of $77K (revenue +31.2% year-over-year).
- 2014: Revenue of $27K, expenses of $40K, and assets of $70K (revenue -21.2% year-over-year).
- 2013: Revenue of $34K, expenses of $40K, and assets of $83K (revenue +35.0% year-over-year).
- 2012: Revenue of $25K, expenses of $33K, and assets of $89K (revenue -24.7% year-over-year).
- 2011: Revenue of $33K, expenses of $32K, and assets of $97K.
Data Sources and Methodology
This transparency report for Ogunquit Fire Company 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.