The King Street Volunteer Fire Company Inc
The King Street Volunteer Fire Company Inc - Dedicated to Community Safety
EIN: 223126408 · Danbury, CT · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $99K |
| Program Spending | 65% |
| Net Assets | $980K |
| Transparency Score | 85/100 |
Is The King Street Volunteer Fire Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The King Street Volunteer Fire Company Inc directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The King Street Volunteer Fire Company Inc
The King Street Volunteer Fire Company Inc (EIN: 223126408) is a nonprofit organization based in Danbury, CT. The organization reported total revenue of $112K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The King Street Volunteer Fire Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The King Street Volunteer Fire Company Inc is a small nonprofit that has been operating for 35 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $99K |
| Surplus / Deficit | +$9K |
| Total Assets | $1.0M |
| Total Liabilities | $62K |
| Net Assets | $980K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 126.3 months |
Financial Health Grade: A
In 2024, The King Street Volunteer Fire Company Inc reported a surplus of $9K with revenue exceeding expenses, holds 126.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), The King Street Volunteer Fire Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.1% | +48.9% | -1.2% |
| 2023 | +30.8% | +8.1% | +12.9% |
| 2022 | -22.0% | +3.0% | -0.7% |
| 2021 | -1.5% | -20.6% | +2.0% |
| 2020 | +7.4% | +15.3% | +0.6% |
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 The King Street Volunteer Fire Company Inc with a Mission Score of 85 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: 20%
- programs: 65%
- fundraising: 15%
According to IRS 990 filings, The King Street Volunteer Fire Company Inc allocates its expenses as follows: admin: 20%, programs: 65%, fundraising: 15%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.9%.
Executive Compensation Analysis
Executive compensation remains at 0% for all fiscal years, reflecting the nonprofit's commitment to transparency and community service.
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 The King Street Volunteer Fire Company Inc's IRS 990 filings:
- The organization has maintained a consistent spending pattern over the years, with a strong focus on programs and minimal fundraising.
- No executive compensation is reported, which is commendable for a nonprofit organization.
- The detailed spending breakdowns are transparent and easy to understand.
Strengths
The following positive indicators were identified for The King Street Volunteer Fire Company Inc:
- The organization has a clear mission and a strong focus on community safety and support.
Frequently Asked Questions about The King Street Volunteer Fire Company Inc
Is The King Street Volunteer Fire Company Inc a legitimate charity?
The King Street Volunteer Fire Company Inc (EIN: 223126408) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $112K. 3 red flags identified. 1 strength noted. Financial health grade: A.
How does The King Street Volunteer Fire Company Inc spend its money?
The King Street Volunteer Fire Company Inc directs 65% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to The King Street Volunteer Fire Company Inc tax-deductible?
The King Street Volunteer Fire Company Inc is registered as a tax-exempt nonprofit (EIN: 223126408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The King Street Volunteer Fire Company Inc's spending goes to programs?
The King Street Volunteer Fire Company Inc directs 65% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The King Street Volunteer Fire Company Inc located?
The King Street Volunteer Fire Company Inc is headquartered in Danbury, Connecticut and files with the IRS under EIN 223126408.
How many years of IRS 990 filings does The King Street Volunteer Fire Company Inc have?
The King Street Volunteer Fire Company Inc has 14 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 $112K in total revenue.
What does The King Street Volunteer Fire Company Inc do?
The King Street Volunteer Fire Company Inc is a nonprofit organization in the Unknown sector, located in Danbury, Connecticut. It is classified under NTEE code Unknown.
How much revenue does The King Street Volunteer Fire Company Inc have?
The King Street Volunteer Fire Company Inc reported total revenue of $112,305. Based on 14 IRS 990 filings on record.
What are The King Street Volunteer Fire Company Inc's total assets?
The King Street Volunteer Fire Company Inc holds total assets of $1,041,280 as reported in IRS 990 filings.
Where is The King Street Volunteer Fire Company Inc located?
The King Street Volunteer Fire Company Inc is based in Danbury, Connecticut.
What is The King Street Volunteer Fire Company Inc's EIN?
The King Street Volunteer Fire Company Inc's Employer Identification Number (EIN) is 223126408. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The King Street Volunteer Fire Company Inc?
The King Street Volunteer Fire Company Inc is classified under NTEE code Unknown (Unknown).
Is The King Street Volunteer Fire Company Inc a registered 501(c)(3)?
The King Street Volunteer Fire Company Inc appears in IRS records (EIN: 223126408). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The King Street Volunteer Fire Company Inc file IRS Form 990?
Yes, The King Street Volunteer Fire Company Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was The King Street Volunteer Fire Company Inc's revenue in 2024?
In the 202406 filing period, The King Street Volunteer Fire Company Inc reported total revenue of $108,280, total expenses of $98,896, and net assets of $1,041,245.
Is The King Street Volunteer Fire Company Inc's revenue growing or declining?
The King Street Volunteer Fire Company Inc's revenue is relatively stable. Revenue went from $104,053 (202306) to $108,280 (202406), a +4.1% change. Based on 14 filings on record.
What is The King Street Volunteer Fire Company Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The King Street Volunteer Fire Company Inc covers tax period 202406. It shows revenue of $108,280, expenses of $98,896, total assets of $1,041,245, and liabilities of $61,518.
How much does The King Street Volunteer Fire Company Inc spend on programs vs administration?
Based on IRS 990 analysis, The King Street Volunteer Fire Company Inc allocates approximately 65% of expenses to program services, 20% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is The King Street Volunteer Fire Company Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The King Street Volunteer Fire Company Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 1 strength noted.
What are the red flags for The King Street Volunteer Fire Company Inc?
The following concerns were identified: The organization has maintained a consistent spending pattern over the years, with a strong focus on programs and minimal fundraising.. No executive compensation is reported, which is commendable for a nonprofit organization.. The detailed spending breakdowns are transparent and easy to understand.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The King Street Volunteer Fire Company Inc's strengths?
Positive indicators for The King Street Volunteer Fire Company Inc include: The organization has a clear mission and a strong focus on community safety and support.. These findings are derived from AI analysis of the organization's financial filings.
How does The King Street Volunteer Fire Company Inc compensate executives?
Executive compensation remains at 0% for all fiscal years, reflecting the nonprofit's commitment to transparency and community service. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is The King Street Volunteer Fire Company Inc?
The organization clearly outlines its spending, with 65% allocated to programs, 20% to administration, and 15% to fundraising. Detailed breakdowns are provided for each fiscal year, showing consistent investment in core activities. The fundraising efforts are minimal, indicating a focus on efficient use of resources. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization ensure the efficient use of funds?
The King Street Volunteer Fire Company Inc allocates 65% of its budget to programs, ensuring that the majority of funds are directed towards core activities such as fire prevention, community education, and emergency response.
What is the organization's approach to fundraising?
The organization keeps its fundraising efforts minimal, at 15% of its budget, focusing instead on efficient use of resources to support its mission of community safety and support.
How does the organization ensure transparency in its operations?
The King Street Volunteer Fire Company Inc provides detailed spending breakdowns for each fiscal year, clearly outlining the allocation of funds to programs, administration, and fundraising, ensuring that donors and stakeholders can easily understand how their contributions are being used.
Filing History
IRS 990 filing history for The King Street Volunteer Fire Company Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The King Street Volunteer Fire Company Inc's revenue has grown by 21.8%, moving from $89K to $108K. Total assets increased by 19.3% over the same period, from $872K to $1.0M. Total functional expenses rose by 16.1%, from $85K to $99K. In its most recent filing year (2024), The King Street Volunteer Fire Company Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $62K in liabilities against $1.0M in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $980K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $108K | $99K | $1.0M | $62K | — | — |
| 2023 | $104K | $66K | $1.1M | $83K | — | View 990 |
| 2022 | $80K | $61K | $933K | $373 | — | View 990 |
| 2021 | $102K | $60K | $940K | $25K | — | View 990 |
| 2020 | $103K | $75K | $921K | $49K | — | View 990 |
| 2019 | $96K | $65K | $916K | $72K | — | View 990 |
| 2018 | $101K | $63K | $902K | $94K | — | View 990 |
| 2017 | $99K | $89K | $883K | $115K | — | View 990 |
| 2016 | $-34,093 | $70K | $757K | $0 | — | View 990 |
| 2015 | $94K | $105K | $862K | $0 | — | View 990 |
| 2014 | $126K | $99K | $872K | $0 | — | View 990 |
| 2013 | $94K | $60K | $870K | $25K | — | View 990 |
| 2012 | $91K | $80K | $861K | $49K | — | View 990 |
| 2011 | $89K | $85K | $872K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $108K, expenses of $99K, and assets of $1.0M (revenue +4.1% year-over-year).
- 2023: Revenue of $104K, expenses of $66K, and assets of $1.1M (revenue +30.8% year-over-year).
- 2022: Revenue of $80K, expenses of $61K, and assets of $933K (revenue -22.0% year-over-year).
- 2021: Revenue of $102K, expenses of $60K, and assets of $940K (revenue -1.5% year-over-year).
- 2020: Revenue of $103K, expenses of $75K, and assets of $921K (revenue +7.4% year-over-year).
- 2019: Revenue of $96K, expenses of $65K, and assets of $916K (revenue -4.8% year-over-year).
- 2018: Revenue of $101K, expenses of $63K, and assets of $902K (revenue +2.6% year-over-year).
- 2017: Revenue of $99K, expenses of $89K, and assets of $883K.
- 2016: Revenue of $-34,093, expenses of $70K, and assets of $757K (revenue -136.1% year-over-year).
- 2015: Revenue of $94K, expenses of $105K, and assets of $862K (revenue -24.8% year-over-year).
- 2014: Revenue of $126K, expenses of $99K, and assets of $872K (revenue +34.1% year-over-year).
- 2013: Revenue of $94K, expenses of $60K, and assets of $870K (revenue +3.0% year-over-year).
- 2012: Revenue of $91K, expenses of $80K, and assets of $861K (revenue +2.2% year-over-year).
- 2011: Revenue of $89K, expenses of $85K, and assets of $872K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The King Street Volunteer Fire Company Inc:
Data Sources and Methodology
This transparency report for The King Street Volunteer Fire Company 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.