Atlantic Volunteer Fire And Rescue Company Incorporated
EIN: 541141295 · Atlantic, VA
| Metric | Value |
|---|---|
| Total Revenue | $359K |
| Total Expenses | $278K |
| Net Assets | $821K |
Is Atlantic Volunteer Fire And Rescue Company Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Atlantic Volunteer Fire And Rescue Company Incorporated
Atlantic Volunteer Fire And Rescue Company Incorporated (EIN: 541141295) is a nonprofit organization based in Atlantic, VA. The organization reported total revenue of $359K and total assets of $894K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Volunteer Fire And Rescue Company Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic Volunteer Fire And Rescue Company Incorporated is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $263K |
| Total Expenses | $278K |
| Surplus / Deficit | $-15,007 |
| Total Assets | $821K |
| Net Assets | $821K |
| Operating Margin | -5.7% |
| Months of Reserves | 35.4 months |
Financial Health Grade: B
In 2023, Atlantic Volunteer Fire And Rescue Company Incorporated reported a deficit of $15K with expenses exceeding revenue, holds 35.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Atlantic Volunteer Fire And Rescue Company Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.0% | +65.1% | -1.8% |
| 2022 | +67.9% | -3.0% | +23.8% |
| 2021 | -21.8% | -50.6% | -6.4% |
| 2020 | +24.1% | +99.1% | -4.4% |
| 2019 | +14.0% | +16.6% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Atlantic Volunteer Fire And Rescue Company Incorporated 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 Atlantic Volunteer Fire And Rescue Company Incorporated 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 deficit of $15K, with expenses exceeding revenue.
Frequently Asked Questions about Atlantic Volunteer Fire And Rescue Company Incorporated
Is Atlantic Volunteer Fire And Rescue Company Incorporated a legitimate charity?
Atlantic Volunteer Fire And Rescue Company Incorporated (EIN: 541141295) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $359K. No red flags identified. Financial health grade: B.
How does Atlantic Volunteer Fire And Rescue Company Incorporated spend its money?
Atlantic Volunteer Fire And Rescue Company Incorporated reported $359K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Atlantic Volunteer Fire And Rescue Company Incorporated tax-deductible?
Atlantic Volunteer Fire And Rescue Company Incorporated is registered as a tax-exempt nonprofit (EIN: 541141295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Atlantic Volunteer Fire And Rescue Company Incorporated located?
Atlantic Volunteer Fire And Rescue Company Incorporated is headquartered in Atlantic, Virginia and files with the IRS under EIN 541141295.
How many years of IRS 990 filings does Atlantic Volunteer Fire And Rescue Company Incorporated have?
Atlantic Volunteer Fire And Rescue Company Incorporated 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 $359K in total revenue.
Filing History
IRS 990 filing history for Atlantic Volunteer Fire And Rescue Company Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atlantic Volunteer Fire And Rescue Company Incorporated's revenue has grown by 73.8%, moving from $152K to $263K. Total assets increased by 71.9% over the same period, from $478K to $821K. Total functional expenses rose by 105.7%, from $135K to $278K. In its most recent filing year (2023), Atlantic Volunteer Fire And Rescue Company Incorporated reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $263K | $278K | $821K | $0 | — | — |
| 2022 | $329K | $169K | $836K | $0 | — | — |
| 2021 | $196K | $174K | $676K | $0 | — | View 990 |
| 2020 | $251K | $352K | $722K | $68K | — | — |
| 2019 | $202K | $177K | $755K | $0 | — | View 990 |
| 2018 | $177K | $152K | $715K | $70K | — | View 990 |
| 2017 | $168K | $152K | $730K | $110K | — | View 990 |
| 2016 | $187K | $160K | $751K | $148K | — | View 990 |
| 2015 | $164K | $169K | $678K | $101K | — | View 990 |
| 2014 | $216K | $143K | $700K | $118K | — | View 990 |
| 2013 | $194K | $174K | $671K | $162K | — | View 990 |
| 2012 | $156K | $144K | $489K | $488 | — | View 990 |
| 2011 | $152K | $135K | $478K | $480 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $263K, expenses of $278K, and assets of $821K (revenue -20.0% year-over-year).
- 2022: Revenue of $329K, expenses of $169K, and assets of $836K (revenue +67.9% year-over-year).
- 2021: Revenue of $196K, expenses of $174K, and assets of $676K (revenue -21.8% year-over-year).
- 2020: Revenue of $251K, expenses of $352K, and assets of $722K (revenue +24.1% year-over-year).
- 2019: Revenue of $202K, expenses of $177K, and assets of $755K (revenue +14.0% year-over-year).
- 2018: Revenue of $177K, expenses of $152K, and assets of $715K (revenue +5.3% year-over-year).
- 2017: Revenue of $168K, expenses of $152K, and assets of $730K (revenue -10.0% year-over-year).
- 2016: Revenue of $187K, expenses of $160K, and assets of $751K (revenue +14.3% year-over-year).
- 2015: Revenue of $164K, expenses of $169K, and assets of $678K (revenue -24.4% year-over-year).
- 2014: Revenue of $216K, expenses of $143K, and assets of $700K (revenue +11.7% year-over-year).
- 2013: Revenue of $194K, expenses of $174K, and assets of $671K (revenue +24.1% year-over-year).
- 2012: Revenue of $156K, expenses of $144K, and assets of $489K (revenue +2.9% year-over-year).
- 2011: Revenue of $152K, expenses of $135K, and assets of $478K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic Volunteer Fire And Rescue Company Incorporated:
Data Sources and Methodology
This transparency report for Atlantic Volunteer Fire And Rescue Company Incorporated 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.