Phoenix Fire Company 6 Inc
Phoenix Fire Company 6 Inc consistently grows assets and operates with no officer compensation.
EIN: 161666980 · Londonderry, VT · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $51K |
| Program Spending | 90% |
| Net Assets | $249K |
| Transparency Score | 88/100 |
Is Phoenix Fire Company 6 Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Phoenix Fire Company 6 Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Phoenix Fire Company 6 Inc
Phoenix Fire Company 6 Inc (EIN: 161666980) is a nonprofit organization based in Londonderry, VT, classified under NTEE code M24. The organization reported total revenue of $62K and total assets of $260K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phoenix Fire Company 6 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phoenix Fire Company 6 Inc is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $51K |
| Surplus / Deficit | +$19K |
| Total Assets | $249K |
| Total Liabilities | $148 |
| Net Assets | $249K |
| Operating Margin | 27.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 58.9 months |
Financial Health Grade: A
In 2023, Phoenix Fire Company 6 Inc reported a surplus of $19K with revenue exceeding expenses, holds 58.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Phoenix Fire Company 6 Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.7% | +0.0% | +8.3% |
| 2022 | -8.5% | +0.4% | +1.7% |
| 2021 | +10.3% | +27.3% | +4.4% |
| 2020 | -48.0% | +34.6% | +7.1% |
| 2019 | +314.0% | -1.5% | +36.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Phoenix Fire Company 6 Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Phoenix Fire Company 6 Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Phoenix Fire Company 6 Inc reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence.
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 Phoenix Fire Company 6 Inc:
- Consistent asset growth, from $147,810 in 2017 to $249,035 in 2023.
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Positive net income in recent years (e.g., $18,953 in 2023), contributing to financial stability.
- Low liabilities across all reported periods, demonstrating prudent financial management.
- Consistent IRS 990 filing history, indicating strong transparency.
Frequently Asked Questions about Phoenix Fire Company 6 Inc
Is Phoenix Fire Company 6 Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Phoenix Fire Company 6 Inc (EIN: 161666980) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Phoenix Fire Company 6 Inc spend its money?
Phoenix Fire Company 6 Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Phoenix Fire Company 6 Inc tax-deductible?
Phoenix Fire Company 6 Inc is registered as a tax-exempt nonprofit (EIN: 161666980). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Phoenix Fire Company 6 Inc's spending goes to programs?
Phoenix Fire Company 6 Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Phoenix Fire Company 6 Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Phoenix Fire Company 6 Inc is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Phoenix Fire Company 6 Inc located?
Phoenix Fire Company 6 Inc is headquartered in Londonderry, Vermont and files with the IRS under EIN 161666980. It is classified under NTEE code M24.
How many years of IRS 990 filings does Phoenix Fire Company 6 Inc have?
Phoenix Fire Company 6 Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $62K in total revenue.
Is Phoenix Fire Company 6 Inc a good charity?
Based on the provided data, Phoenix Fire Company 6 Inc appears to be a well-managed organization. It consistently grows its assets, operates with a positive net income in recent years, and reports no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has Phoenix Fire Company 6 Inc's financial health changed over time?
The organization has shown consistent growth in assets, from $147,810 in 2017 to $249,035 in 2023. While revenue and expenses fluctuate year-to-year, the trend in recent years (2021-2023) shows revenues exceeding expenses, contributing to asset growth.
What is the organization's approach to executive compensation?
Phoenix Fire Company 6 Inc reports 0% officer compensation in all available filings, indicating that executive leadership is not compensated through traditional officer salaries, which is a strong indicator of volunteer commitment or highly efficient administrative practices.
Filing History
IRS 990 filing history for Phoenix Fire Company 6 Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Phoenix Fire Company 6 Inc's revenue has grown by 96.5%, moving from $35K to $70K. Total assets increased by 17.9% over the same period, from $211K to $249K. Total functional expenses fell by 8%, from $55K to $51K. In its most recent filing year (2023), Phoenix Fire Company 6 Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $148 in liabilities against $249K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $249K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $51K | $249K | $148 | — | — |
| 2022 | $55K | $51K | $230K | $541 | — | View 990 |
| 2021 | $60K | $51K | $226K | $424 | — | — |
| 2020 | $54K | $40K | $216K | $0 | — | — |
| 2019 | $104K | $30K | $202K | $0 | — | View 990 |
| 2017 | $25K | $30K | $148K | $0 | — | View 990 |
| 2016 | $23K | $31K | $153K | $0 | — | View 990 |
| 2015 | $43K | $52K | $161K | $0 | — | View 990 |
| 2014 | $35K | $62K | $170K | $0 | — | View 990 |
| 2013 | $39K | $46K | $197K | $0 | — | View 990 |
| 2012 | $41K | $48K | $204K | $0 | — | View 990 |
| 2011 | $35K | $55K | $211K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $51K, and assets of $249K (revenue +27.7% year-over-year).
- 2022: Revenue of $55K, expenses of $51K, and assets of $230K (revenue -8.5% year-over-year).
- 2021: Revenue of $60K, expenses of $51K, and assets of $226K (revenue +10.3% year-over-year).
- 2020: Revenue of $54K, expenses of $40K, and assets of $216K (revenue -48.0% year-over-year).
- 2019: Revenue of $104K, expenses of $30K, and assets of $202K (revenue +314.0% year-over-year).
- 2017: Revenue of $25K, expenses of $30K, and assets of $148K (revenue +9.4% year-over-year).
- 2016: Revenue of $23K, expenses of $31K, and assets of $153K (revenue -46.1% year-over-year).
- 2015: Revenue of $43K, expenses of $52K, and assets of $161K (revenue +21.5% year-over-year).
- 2014: Revenue of $35K, expenses of $62K, and assets of $170K (revenue -10.4% year-over-year).
- 2013: Revenue of $39K, expenses of $46K, and assets of $197K (revenue -5.2% year-over-year).
- 2012: Revenue of $41K, expenses of $48K, and assets of $204K (revenue +16.3% year-over-year).
- 2011: Revenue of $35K, expenses of $55K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phoenix Fire Company 6 Inc:
Data Sources and Methodology
This transparency report for Phoenix Fire Company 6 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.