Somerville Volunteer Fire
EIN: 611664109 · Somerville, ME · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $81K |
| Net Assets | $124K |
Is Somerville Volunteer Fire Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Somerville Volunteer Fire
Somerville Volunteer Fire (EIN: 611664109) is a nonprofit organization based in Somerville, ME, classified under NTEE code M24. The organization reported total revenue of $150K and total assets of $192K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Somerville Volunteer Fire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Somerville Volunteer Fire is a small nonprofit that has been operating for 3 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $81K |
| Surplus / Deficit | +$10K |
| Total Assets | $124K |
| Net Assets | $124K |
| Operating Margin | 11.5% |
| Months of Reserves | 18.4 months |
Financial Health Grade: A
In 2023, Somerville Volunteer Fire reported a surplus of $10K with revenue exceeding expenses, holds 18.4 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2014–2023), Somerville Volunteer Fire's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +2.7% | +9.3% |
| 2022 | +40.1% | +29.4% | +6.2% |
| 2021 | -6.9% | -8.3% | +0.1% |
| 2020 | -10.3% | +33.8% | -0.9% |
| 2019 | -2.7% | -18.2% | +25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Somerville Volunteer Fire has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Somerville Volunteer Fire with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Frequently Asked Questions about Somerville Volunteer Fire
Is Somerville Volunteer Fire a legitimate charity?
Somerville Volunteer Fire (EIN: 611664109) is a registered tax-exempt nonprofit based in Maine. It has 7 years of IRS 990 filings on record. Total revenue: $150K. No red flags identified. Financial health grade: A.
How does Somerville Volunteer Fire spend its money?
Somerville Volunteer Fire reported $150K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Somerville Volunteer Fire tax-deductible?
Somerville Volunteer Fire is registered as a tax-exempt nonprofit (EIN: 611664109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Somerville Volunteer Fire located?
Somerville Volunteer Fire is headquartered in Somerville, Maine and files with the IRS under EIN 611664109. It is classified under NTEE code M24.
How many years of IRS 990 filings does Somerville Volunteer Fire have?
Somerville Volunteer Fire has 7 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 $150K in total revenue.
Filing History
IRS 990 filing history for Somerville Volunteer Fire showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Somerville Volunteer Fire's revenue has grown by 70.7%, moving from $53K to $91K. Total assets increased by 118.5% over the same period, from $57K to $124K. Total functional expenses rose by 97.6%, from $41K to $81K. In its most recent filing year (2023), Somerville Volunteer Fire reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $81K | $124K | $0 | — | View 990 |
| 2022 | $85K | $78K | $113K | $0 | — | — |
| 2021 | $61K | $61K | $107K | $0 | — | — |
| 2020 | $65K | $66K | $107K | $0 | — | — |
| 2019 | $73K | $49K | $107K | $0 | — | — |
| 2018 | $75K | $60K | $86K | $2K | — | — |
| 2014 | $53K | $41K | $57K | $23K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $81K, and assets of $124K (revenue +7.1% year-over-year).
- 2022: Revenue of $85K, expenses of $78K, and assets of $113K (revenue +40.1% year-over-year).
- 2021: Revenue of $61K, expenses of $61K, and assets of $107K (revenue -6.9% year-over-year).
- 2020: Revenue of $65K, expenses of $66K, and assets of $107K (revenue -10.3% year-over-year).
- 2019: Revenue of $73K, expenses of $49K, and assets of $107K (revenue -2.7% year-over-year).
- 2018: Revenue of $75K, expenses of $60K, and assets of $86K (revenue +40.1% year-over-year).
- 2014: Revenue of $53K, expenses of $41K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Somerville Volunteer Fire:
Data Sources and Methodology
This transparency report for Somerville Volunteer Fire 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.