Volunteer Fire Department Of New Fairfield Inc
Volunteer Fire Department of New Fairfield: Consistent Revenue, Strong Assets, and Community Focus
EIN: 222513642 · New Fairfield, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $498K |
| Total Expenses | $588K |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Volunteer Fire Department Of New Fairfield Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Volunteer Fire Department Of New Fairfield Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Volunteer Fire Department Of New Fairfield Inc
Volunteer Fire Department Of New Fairfield Inc (EIN: 222513642) is a nonprofit organization based in New Fairfield, CT. The organization reported total revenue of $498K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteer Fire Department Of New Fairfield Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteer Fire Department Of New Fairfield Inc is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $497K |
| Total Expenses | $588K |
| Surplus / Deficit | $-90,912 |
| Total Assets | $1.2M |
| Total Liabilities | $71K |
| Net Assets | $1.2M |
| Operating Margin | -18.3% |
| Debt-to-Asset Ratio | 5.8% |
| Months of Reserves | 25.1 months |
Financial Health Grade: B
In 2023, Volunteer Fire Department Of New Fairfield Inc reported a deficit of $91K with expenses exceeding revenue, holds 25.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Volunteer Fire Department Of New Fairfield Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | +50.5% | +1.9% |
| 2022 | -9.2% | -14.1% | -6.5% |
| 2021 | +7.3% | +9.3% | +20.8% |
| 2020 | -2.3% | -12.8% | +5.8% |
| 2019 | +3.5% | +12.0% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Volunteer Fire Department Of New Fairfield 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Volunteer Fire Department Of New Fairfield Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.8%.
Executive Compensation Analysis
Executive compensation is not reported, with all leadership positions appearing to be volunteer-based, which is a significant positive for a volunteer fire department.
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 Volunteer Fire Department Of New Fairfield Inc:
- Consistent revenue generation, averaging around $470,000 annually over the last 8 years.
- Strong and growing asset base, reaching $1,371,674 in 2023.
- Zero reported compensation for officers, directors, trustees, and key employees, highlighting a truly volunteer-led operation.
- Healthy financial position with low or no liabilities reported in most recent filings.
- Clear community focus as a volunteer fire department serving New Fairfield, CT.
Frequently Asked Questions about Volunteer Fire Department Of New Fairfield Inc
Is Volunteer Fire Department Of New Fairfield Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volunteer Fire Department Of New Fairfield Inc (EIN: 222513642) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Volunteer Fire Department Of New Fairfield Inc spend its money?
Volunteer Fire Department Of New Fairfield Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Volunteer Fire Department Of New Fairfield Inc tax-deductible?
Volunteer Fire Department Of New Fairfield Inc is registered as a tax-exempt nonprofit (EIN: 222513642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Volunteer Fire Department Of New Fairfield Inc's spending goes to programs?
Volunteer Fire Department Of New Fairfield Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Volunteer Fire Department Of New Fairfield Inc located?
Volunteer Fire Department Of New Fairfield Inc is headquartered in New Fairfield, Connecticut and files with the IRS under EIN 222513642.
How many years of IRS 990 filings does Volunteer Fire Department Of New Fairfield Inc have?
Volunteer Fire Department Of New Fairfield 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 $498K in total revenue.
What does Volunteer Fire Department Of New Fairfield Inc do?
Volunteer Fire Department Of New Fairfield Inc is a nonprofit organization in the Unknown sector, located in New Fairfield, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Volunteer Fire Department Of New Fairfield Inc have?
Volunteer Fire Department Of New Fairfield Inc reported total revenue of $498,110. Based on 13 IRS 990 filings on record.
What are Volunteer Fire Department Of New Fairfield Inc's total assets?
Volunteer Fire Department Of New Fairfield Inc holds total assets of $1,371,674 as reported in IRS 990 filings.
Where is Volunteer Fire Department Of New Fairfield Inc located?
Volunteer Fire Department Of New Fairfield Inc is based in New Fairfield, Connecticut.
What is Volunteer Fire Department Of New Fairfield Inc's EIN?
Volunteer Fire Department Of New Fairfield Inc's Employer Identification Number (EIN) is 222513642. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Volunteer Fire Department Of New Fairfield Inc?
Volunteer Fire Department Of New Fairfield Inc is classified under NTEE code Unknown (Unknown).
Is Volunteer Fire Department Of New Fairfield Inc a registered 501(c)(3)?
Volunteer Fire Department Of New Fairfield Inc appears in IRS records (EIN: 222513642). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Volunteer Fire Department Of New Fairfield Inc file IRS Form 990?
Yes, Volunteer Fire Department Of New Fairfield Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Volunteer Fire Department Of New Fairfield Inc's revenue in 2023?
In the 202306 filing period, Volunteer Fire Department Of New Fairfield Inc reported total revenue of $497,029, total expenses of $587,941, and net assets of $1,228,704.
Is Volunteer Fire Department Of New Fairfield Inc's revenue growing or declining?
Volunteer Fire Department Of New Fairfield Inc's revenue is growing. Revenue went from $462,528 (202206) to $497,029 (202306), a +7.5% change. Based on 13 filings on record.
What is Volunteer Fire Department Of New Fairfield Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Volunteer Fire Department Of New Fairfield Inc covers tax period 202306. It shows revenue of $497,029, expenses of $587,941, total assets of $1,228,704, and liabilities of $71,032.
How much does Volunteer Fire Department Of New Fairfield Inc spend on programs vs administration?
Based on IRS 990 analysis, Volunteer Fire Department Of New Fairfield Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Volunteer Fire Department Of New Fairfield Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Volunteer Fire Department Of New Fairfield Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Volunteer Fire Department Of New Fairfield Inc's strengths?
Positive indicators for Volunteer Fire Department Of New Fairfield Inc include: Consistent revenue generation, averaging around $470,000 annually over the last 8 years.. Strong and growing asset base, reaching $1,371,674 in 2023.. Zero reported compensation for officers, directors, trustees, and key employees, highlighting a truly volunteer-led operation.. Healthy financial position with low or no liabilities reported in most recent filings.. Clear community focus as a volunteer fire department serving New Fairfield, CT.. These findings are derived from AI analysis of the organization's financial filings.
How does Volunteer Fire Department Of New Fairfield Inc compensate executives?
Executive compensation is not reported, with all leadership positions appearing to be volunteer-based, which is a significant positive for a volunteer fire department. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the absence of reported executive compensation impact the organization's financial efficiency and public trust?
The lack of reported executive compensation significantly enhances financial efficiency by directing more funds towards operational expenses and programs. It also builds strong public trust, as it demonstrates a commitment to volunteerism and community service without personal financial gain for leadership.
Given the consistent revenue and asset growth, what are the primary sources of funding for the Volunteer Fire Department of New Fairfield Inc.?
While specific funding sources are not detailed in the provided data, the consistent revenue for a volunteer fire department typically comes from a combination of local government support, community donations, fundraising events, and potentially grants. The stability suggests a reliable base of support.
Filing History
IRS 990 filing history for Volunteer Fire Department Of New Fairfield Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Volunteer Fire Department Of New Fairfield Inc's revenue has declined by 50%, moving from $994K to $497K. Total assets increased by 39.2% over the same period, from $883K to $1.2M. Total functional expenses fell by 37.8%, from $946K to $588K. In its most recent filing year (2023), Volunteer Fire Department Of New Fairfield Inc reported a deficit of $91K, with expenses exceeding revenue. The organization holds $71K in liabilities against $1.2M in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $497K | $588K | $1.2M | $71K | — | View 990 |
| 2022 | $463K | $391K | $1.2M | $46K | — | View 990 |
| 2021 | $509K | $455K | $1.3M | $0 | — | View 990 |
| 2020 | $475K | $416K | $1.1M | $0 | — | View 990 |
| 2019 | $486K | $477K | $1.0M | $0 | — | View 990 |
| 2018 | $469K | $426K | $995K | $0 | — | View 990 |
| 2017 | $463K | $482K | $930K | $0 | — | View 990 |
| 2016 | $395K | $433K | $883K | $0 | — | View 990 |
| 2015 | $417K | $425K | $921K | $0 | — | View 990 |
| 2014 | $354K | $353K | $929K | $0 | — | View 990 |
| 2013 | $343K | $375K | $842K | $0 | — | View 990 |
| 2012 | $372K | $365K | $833K | $0 | — | View 990 |
| 2011 | $994K | $946K | $883K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $497K, expenses of $588K, and assets of $1.2M (revenue +7.5% year-over-year).
- 2022: Revenue of $463K, expenses of $391K, and assets of $1.2M (revenue -9.2% year-over-year).
- 2021: Revenue of $509K, expenses of $455K, and assets of $1.3M (revenue +7.3% year-over-year).
- 2020: Revenue of $475K, expenses of $416K, and assets of $1.1M (revenue -2.3% year-over-year).
- 2019: Revenue of $486K, expenses of $477K, and assets of $1.0M (revenue +3.5% year-over-year).
- 2018: Revenue of $469K, expenses of $426K, and assets of $995K (revenue +1.2% year-over-year).
- 2017: Revenue of $463K, expenses of $482K, and assets of $930K (revenue +17.4% year-over-year).
- 2016: Revenue of $395K, expenses of $433K, and assets of $883K (revenue -5.3% year-over-year).
- 2015: Revenue of $417K, expenses of $425K, and assets of $921K (revenue +17.7% year-over-year).
- 2014: Revenue of $354K, expenses of $353K, and assets of $929K (revenue +3.1% year-over-year).
- 2013: Revenue of $343K, expenses of $375K, and assets of $842K (revenue -7.6% year-over-year).
- 2012: Revenue of $372K, expenses of $365K, and assets of $833K (revenue -62.6% year-over-year).
- 2011: Revenue of $994K, expenses of $946K, and assets of $883K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteer Fire Department Of New Fairfield Inc:
Data Sources and Methodology
This transparency report for Volunteer Fire Department Of New Fairfield 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.