The North Stonington Volunteer Fire Company Inc
EIN: 66037708 · N Stonington, CT · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $457K |
| Net Assets | $423K |
Is The North Stonington Volunteer Fire Company Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The North Stonington Volunteer Fire Company Inc
The North Stonington Volunteer Fire Company Inc (EIN: 66037708) is a nonprofit organization based in N Stonington, CT, classified under NTEE code M24. The organization reported total revenue of $492K and total assets of $454K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The North Stonington Volunteer Fire Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The North Stonington Volunteer Fire Company Inc is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $463K |
| Total Expenses | $457K |
| Surplus / Deficit | +$6K |
| Total Assets | $427K |
| Total Liabilities | $4K |
| Net Assets | $423K |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, The North Stonington Volunteer Fire Company Inc reported a surplus of $6K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), The North Stonington Volunteer Fire Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | +8.5% | +2.0% |
| 2022 | +21.6% | +18.6% | +3.4% |
| 2021 | +19.1% | +27.2% | +2.2% |
| 2020 | +18.3% | -4.9% | +3.3% |
| 2019 | -31.9% | +15.5% | -9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The North Stonington Volunteer Fire Company Inc 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 The North Stonington Volunteer Fire Company Inc 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about The North Stonington Volunteer Fire Company Inc
Is The North Stonington Volunteer Fire Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The North Stonington Volunteer Fire Company Inc (EIN: 66037708) insufficient data. 0 red flags identified, 0 strengths noted.
How does The North Stonington Volunteer Fire Company Inc spend its money?
Detailed spending breakdown data is not yet available for The North Stonington Volunteer Fire Company Inc. Check back for updated IRS 990 analysis.
Are donations to The North Stonington Volunteer Fire Company Inc tax-deductible?
The North Stonington Volunteer Fire Company Inc is registered as a tax-exempt nonprofit (EIN: 66037708). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The North Stonington Volunteer Fire Company Inc located?
The North Stonington Volunteer Fire Company Inc is headquartered in N Stonington, Connecticut and files with the IRS under EIN 66037708. It is classified under NTEE code M24.
How many years of IRS 990 filings does The North Stonington Volunteer Fire Company Inc have?
The North Stonington Volunteer Fire Company 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 $492K in total revenue.
Filing History
IRS 990 filing history for The North Stonington Volunteer Fire Company Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), The North Stonington Volunteer Fire Company Inc's revenue has grown by 684.3%, moving from $59K to $463K. Total assets increased by 113.2% over the same period, from $200K to $427K. Total functional expenses rose by 790.4%, from $51K to $457K. In its most recent filing year (2023), The North Stonington Volunteer Fire Company Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $4K in liabilities against $427K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $423K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $463K | $457K | $427K | $4K | — | — |
| 2022 | $438K | $421K | $418K | $2K | — | View 990 |
| 2021 | $360K | $355K | $404K | $4K | — | View 990 |
| 2020 | $302K | $279K | $396K | $877 | — | View 990 |
| 2019 | $255K | $293K | $383K | $11K | — | View 990 |
| 2018 | $375K | $254K | $423K | $13K | — | View 990 |
| 2017 | $302K | $292K | $297K | $8K | — | View 990 |
| 2016 | $308K | $290K | $278K | $0 | — | View 990 |
| 2015 | $281K | $271K | $266K | $5K | — | View 990 |
| 2014 | $261K | $263K | $250K | $0 | — | View 990 |
| 2012 | $52K | $47K | $204K | $2K | — | View 990 |
| 2011 | $59K | $51K | $200K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $463K, expenses of $457K, and assets of $427K (revenue +5.8% year-over-year).
- 2022: Revenue of $438K, expenses of $421K, and assets of $418K (revenue +21.6% year-over-year).
- 2021: Revenue of $360K, expenses of $355K, and assets of $404K (revenue +19.1% year-over-year).
- 2020: Revenue of $302K, expenses of $279K, and assets of $396K (revenue +18.3% year-over-year).
- 2019: Revenue of $255K, expenses of $293K, and assets of $383K (revenue -31.9% year-over-year).
- 2018: Revenue of $375K, expenses of $254K, and assets of $423K (revenue +24.0% year-over-year).
- 2017: Revenue of $302K, expenses of $292K, and assets of $297K (revenue -1.8% year-over-year).
- 2016: Revenue of $308K, expenses of $290K, and assets of $278K (revenue +9.7% year-over-year).
- 2015: Revenue of $281K, expenses of $271K, and assets of $266K (revenue +7.4% year-over-year).
- 2014: Revenue of $261K, expenses of $263K, and assets of $250K (revenue +406.9% year-over-year).
- 2012: Revenue of $52K, expenses of $47K, and assets of $204K (revenue -12.7% year-over-year).
- 2011: Revenue of $59K, expenses of $51K, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The North Stonington Volunteer Fire Company Inc:
Data Sources and Methodology
This transparency report for The North Stonington 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.