Altavista Volunteer Fire Company Inc
Altavista Volunteer Fire Company Inc maintains strong assets despite a recent operational deficit.
EIN: 20718760 · Altavista, VA · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $328K |
| Total Expenses | $406K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $300,000 |
| Net Assets | $1.4M |
| Transparency Score | 88/100 |
Is Altavista 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 →
Altavista Volunteer Fire Company Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Altavista Volunteer Fire Company Inc
Altavista Volunteer Fire Company Inc (EIN: 20718760) is a nonprofit organization based in Altavista, VA, classified under NTEE code M24. The organization reported total revenue of $328K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Altavista Volunteer Fire Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Altavista Volunteer Fire Company Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $343K |
| Total Expenses | $406K |
| Surplus / Deficit | $-63,363 |
| Total Assets | $1.7M |
| Total Liabilities | $308K |
| Net Assets | $1.4M |
| Operating Margin | -18.5% |
| Debt-to-Asset Ratio | 17.6% |
| Months of Reserves | 51.6 months |
Financial Health Grade: B
In 2023, Altavista Volunteer Fire Company Inc reported a deficit of $63K with expenses exceeding revenue, holds 51.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Altavista Volunteer Fire Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.6% | +24.9% | -6.4% |
| 2022 | +6.6% | +11.1% | -1.5% |
| 2021 | +10.1% | +33.2% | -0.3% |
| 2020 | +22.4% | +10.9% | +27.5% |
| 2019 | -26.2% | +21.1% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Altavista Volunteer Fire Company Inc with a Mission Score of 88 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, Altavista Volunteer Fire Company 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 $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues around $300,000-$350,000.
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 Altavista Volunteer Fire Company Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal period (202306) by $63,363, leading to a deficit.
Strengths
The following positive indicators were identified for Altavista Volunteer Fire Company Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and high efficiency.
- Strong and growing asset base, with assets of $1,746,015 significantly exceeding liabilities of $307,612 in 202306.
- Clear alignment between organization name and NTEE code (M24 - Volunteer Fire Departments), indicating a focused mission.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency.
Frequently Asked Questions about Altavista Volunteer Fire Company Inc
Is Altavista Volunteer Fire Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Altavista Volunteer Fire Company Inc (EIN: 20718760) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Altavista Volunteer Fire Company Inc spend its money?
Altavista Volunteer Fire Company Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Altavista Volunteer Fire Company Inc tax-deductible?
Altavista Volunteer Fire Company Inc is registered as a tax-exempt nonprofit (EIN: 20718760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Altavista Volunteer Fire Company Inc CEO make?
Altavista Volunteer Fire Company Inc's highest-compensated officer earns $300,000 annually. The organization reported $328K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Altavista Volunteer Fire Company Inc's spending goes to programs?
Altavista Volunteer Fire Company Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Altavista Volunteer Fire Company Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Altavista Volunteer Fire Company 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 Altavista Volunteer Fire Company Inc located?
Altavista Volunteer Fire Company Inc is headquartered in Altavista, Virginia and files with the IRS under EIN 20718760. It is classified under NTEE code M24.
How many years of IRS 990 filings does Altavista Volunteer Fire Company Inc have?
Altavista Volunteer Fire Company 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 $328K in total revenue.
Is Altavista Volunteer Fire Company Inc a good charity?
Yes, based on the available data, Altavista Volunteer Fire Company Inc appears to be a good charity. It maintains strong assets, has a clear mission, and demonstrates excellent financial efficiency with 0% officer compensation. While there was a deficit in the latest year, its overall financial health remains robust.
How has the organization's financial health changed over time?
The organization has generally maintained a strong and growing asset base, increasing from $1,331,837 in 201706 to $1,746,015 in 202306. Revenue has fluctuated but generally trended upwards over the long term, from $208,322 in 201606 to $342,722 in 202306. The latest period (202306) shows a deficit, but prior years often had surpluses, indicating generally sound financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that its executive leadership serves on a volunteer basis. This is a significant strength in terms of financial efficiency and dedication to the mission.
Filing History
IRS 990 filing history for Altavista Volunteer Fire Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Altavista Volunteer Fire Company Inc's revenue has grown by 71.6%, moving from $200K to $343K. Total assets increased by 13.9% over the same period, from $1.5M to $1.7M. Total functional expenses rose by 61.6%, from $251K to $406K. In its most recent filing year (2023), Altavista Volunteer Fire Company Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $308K in liabilities against $1.7M in assets (debt-to-asset ratio: 17.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $343K | $406K | $1.7M | $308K | — | View 990 |
| 2022 | $355K | $325K | $1.9M | $363K | — | View 990 |
| 2021 | $333K | $293K | $1.9M | $422K | — | View 990 |
| 2020 | $303K | $220K | $1.9M | $469K | — | View 990 |
| 2019 | $247K | $198K | $1.5M | $142K | — | View 990 |
| 2018 | $335K | $164K | $1.5M | $155K | — | View 990 |
| 2017 | $254K | $198K | $1.3M | $205K | — | View 990 |
| 2016 | $208K | $217K | $1.3M | $266K | — | View 990 |
| 2015 | $215K | $234K | $1.4M | $334K | — | View 990 |
| 2014 | $225K | $239K | $1.5M | $387K | — | View 990 |
| 2013 | $402K | $222K | $1.6M | $473K | — | View 990 |
| 2012 | $204K | $205K | $1.4M | $506K | — | View 990 |
| 2011 | $200K | $251K | $1.5M | $600K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $343K, expenses of $406K, and assets of $1.7M (revenue -3.6% year-over-year).
- 2022: Revenue of $355K, expenses of $325K, and assets of $1.9M (revenue +6.6% year-over-year).
- 2021: Revenue of $333K, expenses of $293K, and assets of $1.9M (revenue +10.1% year-over-year).
- 2020: Revenue of $303K, expenses of $220K, and assets of $1.9M (revenue +22.4% year-over-year).
- 2019: Revenue of $247K, expenses of $198K, and assets of $1.5M (revenue -26.2% year-over-year).
- 2018: Revenue of $335K, expenses of $164K, and assets of $1.5M (revenue +32.0% year-over-year).
- 2017: Revenue of $254K, expenses of $198K, and assets of $1.3M (revenue +21.9% year-over-year).
- 2016: Revenue of $208K, expenses of $217K, and assets of $1.3M (revenue -3.2% year-over-year).
- 2015: Revenue of $215K, expenses of $234K, and assets of $1.4M (revenue -4.3% year-over-year).
- 2014: Revenue of $225K, expenses of $239K, and assets of $1.5M (revenue -44.0% year-over-year).
- 2013: Revenue of $402K, expenses of $222K, and assets of $1.6M (revenue +97.3% year-over-year).
- 2012: Revenue of $204K, expenses of $205K, and assets of $1.4M (revenue +2.0% year-over-year).
- 2011: Revenue of $200K, expenses of $251K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Altavista Volunteer Fire Company Inc:
Data Sources and Methodology
This transparency report for Altavista 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.