Saint Michaels College Fire And Rescue Inc
Saint Michaels College Fire And Rescue Inc consistently allocates 100% of officer compensation to zero, demonstrating strong program focus and financial efficiency.
EIN: 201120657 · Colchester, VT · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $974K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3,626,019 |
| Net Assets | $3.5M |
| Transparency Score | 95/100 |
Is Saint Michaels College Fire And Rescue Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saint Michaels College Fire And Rescue Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saint Michaels College Fire And Rescue Inc
Saint Michaels College Fire And Rescue Inc (EIN: 201120657) is a nonprofit organization based in Colchester, VT, classified under NTEE code M24. The organization reported total revenue of $1.3M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint Michaels College Fire And Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saint Michaels College Fire And Rescue Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $953K |
| Total Expenses | $974K |
| Surplus / Deficit | $-20,819 |
| Total Assets | $3.6M |
| Total Liabilities | $94K |
| Net Assets | $3.5M |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 44.7 months |
Financial Health Grade: B
In 2023, Saint Michaels College Fire And Rescue Inc reported a deficit of $21K with expenses exceeding revenue, holds 44.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saint Michaels College Fire And Rescue Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +14.8% | -1.4% |
| 2022 | -9.3% | -2.5% | +2.3% |
| 2021 | +17.9% | +29.0% | +2.2% |
| 2020 | +9.1% | +5.7% | +4.4% |
| 2019 | -7.2% | -0.1% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Michaels College Fire And Rescue Inc with a Mission Score of 95 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, Saint Michaels College Fire And Rescue 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 deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led executive structure. This is highly favorable, as it means all funds are directed towards the organization's mission and operational costs rather than executive salaries, especially for an organization with assets of $3,626,019 in 2023.
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 Saint Michaels College Fire And Rescue Inc:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership and high efficiency.
- Steady growth in revenue and assets over the past decade, demonstrating financial stability and sustainability.
- Low liabilities relative to assets, indicating a healthy balance sheet and strong financial management.
- Consistent positive net income in most years, showing effective management of expenses relative to income.
- Strong program focus due to minimal administrative and fundraising overhead, maximizing mission impact.
Frequently Asked Questions about Saint Michaels College Fire And Rescue Inc
Is Saint Michaels College Fire And Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Saint Michaels College Fire And Rescue Inc (EIN: 201120657) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Saint Michaels College Fire And Rescue Inc spend its money?
Saint Michaels College Fire And Rescue Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saint Michaels College Fire And Rescue Inc tax-deductible?
Saint Michaels College Fire And Rescue Inc is registered as a tax-exempt nonprofit (EIN: 201120657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saint Michaels College Fire And Rescue Inc CEO make?
Saint Michaels College Fire And Rescue Inc's highest-compensated officer earns $3,626,019 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Saint Michaels College Fire And Rescue Inc's spending goes to programs?
Saint Michaels College Fire And Rescue Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Saint Michaels College Fire And Rescue Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Saint Michaels College Fire And Rescue 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 Saint Michaels College Fire And Rescue Inc located?
Saint Michaels College Fire And Rescue Inc is headquartered in Colchester, Vermont and files with the IRS under EIN 201120657. It is classified under NTEE code M24.
How many years of IRS 990 filings does Saint Michaels College Fire And Rescue Inc have?
Saint Michaels College Fire And Rescue Inc has 13 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 $1.3M in total revenue.
Is Saint Michaels College Fire And Rescue Inc a good charity?
Based on the financial data, Saint Michaels College Fire And Rescue Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, ensuring funds are maximized for program delivery.
How has the organization's financial health changed over the past decade?
The organization's financial health has steadily improved over the past decade. Revenue grew from $560,518 in 2014 to $952,989 in 2023, and assets increased from $2,857,448 to $3,626,019 in the same period, indicating consistent growth and stability.
What is the organization's approach to executive compensation?
Saint Michaels College Fire And Rescue Inc has a highly efficient approach to executive compensation, consistently reporting 0% officer compensation. This suggests a volunteer-driven leadership model, which is a significant strength for a nonprofit of its size.
Filing History
IRS 990 filing history for Saint Michaels College Fire And Rescue Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saint Michaels College Fire And Rescue Inc's revenue has grown by 77.4%, moving from $537K to $953K. Total assets increased by 32.9% over the same period, from $2.7M to $3.6M. Total functional expenses rose by 136.6%, from $412K to $974K. In its most recent filing year (2023), Saint Michaels College Fire And Rescue Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $94K in liabilities against $3.6M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $953K | $974K | $3.6M | $94K | — | — |
| 2022 | $873K | $848K | $3.7M | $125K | — | View 990 |
| 2021 | $963K | $870K | $3.6M | $68K | — | View 990 |
| 2020 | $817K | $675K | $3.5M | $83K | — | View 990 |
| 2019 | $748K | $638K | $3.4M | $77K | — | View 990 |
| 2018 | $806K | $639K | $3.2M | $25K | — | View 990 |
| 2017 | $728K | $624K | $3.1M | $67K | — | View 990 |
| 2016 | $658K | $585K | $3.0M | $50K | — | View 990 |
| 2015 | $622K | $525K | $2.9M | $34K | — | View 990 |
| 2014 | $561K | $558K | $2.9M | $22K | — | View 990 |
| 2013 | $595K | $426K | $2.9M | $16K | — | View 990 |
| 2012 | $550K | $405K | $2.9M | $14K | — | View 990 |
| 2011 | $537K | $412K | $2.7M | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $953K, expenses of $974K, and assets of $3.6M (revenue +9.1% year-over-year).
- 2022: Revenue of $873K, expenses of $848K, and assets of $3.7M (revenue -9.3% year-over-year).
- 2021: Revenue of $963K, expenses of $870K, and assets of $3.6M (revenue +17.9% year-over-year).
- 2020: Revenue of $817K, expenses of $675K, and assets of $3.5M (revenue +9.1% year-over-year).
- 2019: Revenue of $748K, expenses of $638K, and assets of $3.4M (revenue -7.2% year-over-year).
- 2018: Revenue of $806K, expenses of $639K, and assets of $3.2M (revenue +10.8% year-over-year).
- 2017: Revenue of $728K, expenses of $624K, and assets of $3.1M (revenue +10.6% year-over-year).
- 2016: Revenue of $658K, expenses of $585K, and assets of $3.0M (revenue +5.8% year-over-year).
- 2015: Revenue of $622K, expenses of $525K, and assets of $2.9M (revenue +11.0% year-over-year).
- 2014: Revenue of $561K, expenses of $558K, and assets of $2.9M (revenue -5.8% year-over-year).
- 2013: Revenue of $595K, expenses of $426K, and assets of $2.9M (revenue +8.1% year-over-year).
- 2012: Revenue of $550K, expenses of $405K, and assets of $2.9M (revenue +2.4% year-over-year).
- 2011: Revenue of $537K, expenses of $412K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saint Michaels College Fire And Rescue Inc:
Data Sources and Methodology
This transparency report for Saint Michaels College Fire And 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.