Saint George Volunteer Firemens Association
Saint George Volunteer Firemens Association shows stable revenue and assets, but a massive expense anomaly in 2018 raises financial transparency questions.
EIN: 10444478 · Tenants Hbr, ME · NTEE: M24Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $479K |
| Total Expenses | $535K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $479,379. |
| Net Assets | $535K |
| Transparency Score | 70/100 |
Is Saint George Volunteer Firemens Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saint George Volunteer Firemens Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saint George Volunteer Firemens Association
Saint George Volunteer Firemens Association (EIN: 10444478) is a nonprofit organization based in Tenants Hbr, ME, classified under NTEE code M24Z. The organization reported total revenue of $479K and total assets of $805K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint George Volunteer Firemens Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saint George Volunteer Firemens Association is a small nonprofit that has been operating for 35 years, with 9 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $477K |
| Total Expenses | $535K |
| Surplus / Deficit | $-58,073 |
| Total Assets | $805K |
| Total Liabilities | $271K |
| Net Assets | $535K |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 33.6% |
| Months of Reserves | 18.1 months |
Financial Health Grade: B
In 2020, Saint George Volunteer Firemens Association reported a deficit of $58K with expenses exceeding revenue, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 33.6% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2020), Saint George Volunteer Firemens Association's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +15.6% | +14.2% | +60.7% |
| 2019 | +16.0% | -98.9% | -12.5% |
| 2018 | -11.4% | +12167.2% | -3.7% |
| 2017 | +5.7% | +5.5% | +10.3% |
| 2016 | +32.2% | +1.4% | +33.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Saint George Volunteer Firemens Association with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Saint George Volunteer Firemens Association 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that the organization is run by volunteers, which is highly efficient for an organization of its size with latest revenue of $479,379.
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 Saint George Volunteer Firemens Association's IRS 990 filings:
- Unexplained $43 million expense in 2018, vastly disproportionate to revenue and other years' expenses.
- Significant increase in liabilities from $51,329 in 2019 to $270,676 in 2020, warranting further investigation.
Strengths
The following positive indicators were identified for Saint George Volunteer Firemens Association:
- Consistent 0% officer compensation, indicating strong volunteer leadership and efficient use of funds.
- Positive trend in revenue growth over the past decade, from $122,337 in 2011 to $477,142 in 2020.
- Healthy growth in assets, increasing from $437,418 in 2011 to $805,350 in 2020.
Frequently Asked Questions about Saint George Volunteer Firemens Association
Is Saint George Volunteer Firemens Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Saint George Volunteer Firemens Association (EIN: 10444478) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Saint George Volunteer Firemens Association spend its money?
Saint George Volunteer Firemens Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saint George Volunteer Firemens Association tax-deductible?
Saint George Volunteer Firemens Association is registered as a tax-exempt nonprofit (EIN: 10444478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saint George Volunteer Firemens Association CEO make?
Saint George Volunteer Firemens Association's highest-compensated officer earns $479,379. annually. The organization reported $479K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Saint George Volunteer Firemens Association's spending goes to programs?
Saint George Volunteer Firemens Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Saint George Volunteer Firemens Association compare to similar nonprofits?
With a transparency score of 70/100 (Good), Saint George Volunteer Firemens Association is above average for NTEE category M24Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Saint George Volunteer Firemens Association located?
Saint George Volunteer Firemens Association is headquartered in Tenants Hbr, Maine and files with the IRS under EIN 10444478. It is classified under NTEE code M24Z.
How many years of IRS 990 filings does Saint George Volunteer Firemens Association have?
Saint George Volunteer Firemens Association has 9 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 $479K in total revenue.
What caused the $43 million expense reported in 2018?
The IRS 990 filing for 2018 shows expenses of $43,210,896, which is an extreme outlier compared to typical expenses ranging from $173,532 to $535,215 in other years. This figure is highly unusual for an organization with revenue of $355,711 in the same year and requires clarification to understand its financial health.
Is Saint George Volunteer Firemens Association a good charity?
The organization demonstrates strong volunteer leadership with 0% officer compensation and a generally stable financial trend. However, the unexplained $43 million expense in 2018 is a significant concern that impacts the assessment of its financial management and efficiency. Without clarification on this anomaly, a definitive 'good' rating is difficult.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $437,418 in 2011 to $805,350 in 2020, indicating a healthy accumulation of resources to support its operations.
Filing History
IRS 990 filing history for Saint George Volunteer Firemens Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2020), Saint George Volunteer Firemens Association's revenue has grown by 290%, moving from $122K to $477K. Total assets increased by 84.1% over the same period, from $437K to $805K. Total functional expenses rose by 208.4%, from $174K to $535K. In its most recent filing year (2020), Saint George Volunteer Firemens Association reported a deficit of $58K, with expenses exceeding revenue. The organization holds $271K in liabilities against $805K in assets (debt-to-asset ratio: 33.6%), resulting in net assets of $535K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $477K | $535K | $805K | $271K | — | — |
| 2019 | $413K | $469K | $501K | $51K | — | View 990 |
| 2018 | $356K | $43.2M | $573K | $119K | — | View 990 |
| 2017 | $402K | $352K | $595K | $38K | — | View 990 |
| 2016 | $380K | $334K | $539K | $32K | — | View 990 |
| 2015 | $287K | $329K | $405K | $34K | — | View 990 |
| 2014 | $290K | $290K | $552K | $19K | — | View 990 |
| 2013 | $338K | $276K | $548K | $22K | — | View 990 |
| 2011 | $122K | $174K | $437K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $477K, expenses of $535K, and assets of $805K (revenue +15.6% year-over-year).
- 2019: Revenue of $413K, expenses of $469K, and assets of $501K (revenue +16.0% year-over-year).
- 2018: Revenue of $356K, expenses of $43.2M, and assets of $573K (revenue -11.4% year-over-year).
- 2017: Revenue of $402K, expenses of $352K, and assets of $595K (revenue +5.7% year-over-year).
- 2016: Revenue of $380K, expenses of $334K, and assets of $539K (revenue +32.2% year-over-year).
- 2015: Revenue of $287K, expenses of $329K, and assets of $405K (revenue -0.9% year-over-year).
- 2014: Revenue of $290K, expenses of $290K, and assets of $552K (revenue -14.2% year-over-year).
- 2013: Revenue of $338K, expenses of $276K, and assets of $548K (revenue +176.3% year-over-year).
- 2011: Revenue of $122K, expenses of $174K, and assets of $437K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saint George Volunteer Firemens Association:
Data Sources and Methodology
This transparency report for Saint George Volunteer Firemens Association 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.