Back Swamp Vfd
EIN: 561389912 · Richlands, NC · NTEE: M24Z
| Metric | Value |
|---|---|
| Total Revenue | $728K |
| Total Expenses | $352K |
| Net Assets | $1.1M |
Is Back Swamp Vfd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Back Swamp Vfd
Back Swamp Vfd (EIN: 561389912) is a nonprofit organization based in Richlands, NC, classified under NTEE code M24Z. The organization reported total revenue of $728K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Back Swamp Vfd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Back Swamp Vfd is a small nonprofit that has been operating for 34 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $432K |
| Total Expenses | $352K |
| Surplus / Deficit | +$80K |
| Total Assets | $2.2M |
| Total Liabilities | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 18.4% |
| Debt-to-Asset Ratio | 50.5% |
| Months of Reserves | 73.6 months |
Financial Health Grade: A
In 2024, Back Swamp Vfd reported a surplus of $80K with revenue exceeding expenses, holds 73.6 months of operating reserves (strong position), has a debt-to-asset ratio of 50.5% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Back Swamp Vfd's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +39.0% | +52.1% | +73.1% |
| 2023 | -17.4% | +8.0% | +3.0% |
| 2022 | +39.7% | +9.1% | +11.0% |
| 2021 | +14.6% | +2.7% | +3.3% |
| 2020 | -3.8% | -11.5% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Back Swamp Vfd 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 Back Swamp Vfd 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.5%.
Frequently Asked Questions about Back Swamp Vfd
Is Back Swamp Vfd a legitimate charity?
Based on AI analysis of IRS 990 filings, Back Swamp Vfd (EIN: 561389912) insufficient data. 0 red flags identified, 0 strengths noted.
How does Back Swamp Vfd spend its money?
Detailed spending breakdown data is not yet available for Back Swamp Vfd. Check back for updated IRS 990 analysis.
Are donations to Back Swamp Vfd tax-deductible?
Back Swamp Vfd is registered as a tax-exempt nonprofit (EIN: 561389912). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Back Swamp Vfd located?
Back Swamp Vfd is headquartered in Richlands, North Carolina and files with the IRS under EIN 561389912. It is classified under NTEE code M24Z.
How many years of IRS 990 filings does Back Swamp Vfd have?
Back Swamp Vfd 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 $728K in total revenue.
Filing History
IRS 990 filing history for Back Swamp Vfd showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Back Swamp Vfd's revenue has grown by 167.7%, moving from $161K to $432K. Total assets increased by 321.1% over the same period, from $513K to $2.2M. Total functional expenses rose by 167.6%, from $132K to $352K. In its most recent filing year (2024), Back Swamp Vfd reported a surplus of $80K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $2.2M in assets (debt-to-asset ratio: 50.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $432K | $352K | $2.2M | $1.1M | — | — |
| 2023 | $310K | $232K | $1.2M | $259K | — | — |
| 2022 | $376K | $214K | $1.2M | $301K | — | View 990 |
| 2021 | $269K | $196K | $1.1M | $342K | — | — |
| 2020 | $235K | $191K | $1.1M | $380K | — | View 990 |
| 2019 | $244K | $216K | $1.0M | $418K | — | View 990 |
| 2018 | $257K | $180K | $1.1M | $454K | — | View 990 |
| 2017 | $188K | $154K | $833K | $306K | — | View 990 |
| 2016 | $177K | $163K | $812K | $319K | — | View 990 |
| 2015 | $202K | $135K | $644K | $165K | — | View 990 |
| 2014 | $164K | $134K | $457K | $45K | — | View 990 |
| 2013 | $151K | $151K | $449K | $66K | — | View 990 |
| 2012 | $146K | $131K | $512K | $129K | — | View 990 |
| 2011 | $161K | $132K | $513K | $145K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $432K, expenses of $352K, and assets of $2.2M (revenue +39.0% year-over-year).
- 2023: Revenue of $310K, expenses of $232K, and assets of $1.2M (revenue -17.4% year-over-year).
- 2022: Revenue of $376K, expenses of $214K, and assets of $1.2M (revenue +39.7% year-over-year).
- 2021: Revenue of $269K, expenses of $196K, and assets of $1.1M (revenue +14.6% year-over-year).
- 2020: Revenue of $235K, expenses of $191K, and assets of $1.1M (revenue -3.8% year-over-year).
- 2019: Revenue of $244K, expenses of $216K, and assets of $1.0M (revenue -5.0% year-over-year).
- 2018: Revenue of $257K, expenses of $180K, and assets of $1.1M (revenue +36.3% year-over-year).
- 2017: Revenue of $188K, expenses of $154K, and assets of $833K (revenue +6.2% year-over-year).
- 2016: Revenue of $177K, expenses of $163K, and assets of $812K (revenue -12.2% year-over-year).
- 2015: Revenue of $202K, expenses of $135K, and assets of $644K (revenue +23.3% year-over-year).
- 2014: Revenue of $164K, expenses of $134K, and assets of $457K (revenue +8.4% year-over-year).
- 2013: Revenue of $151K, expenses of $151K, and assets of $449K (revenue +3.7% year-over-year).
- 2012: Revenue of $146K, expenses of $131K, and assets of $512K (revenue -9.5% year-over-year).
- 2011: Revenue of $161K, expenses of $132K, and assets of $513K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Back Swamp Vfd:
Data Sources and Methodology
This transparency report for Back Swamp Vfd 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.