Banner Elk Fire And Rescue Foundation
EIN: 813118641 · Banner Elk, NC · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $193K |
| Total Expenses | $16K |
| Net Assets | $107K |
Is Banner Elk Fire And Rescue Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Banner Elk Fire And Rescue Foundation
Banner Elk Fire And Rescue Foundation (EIN: 813118641) is a nonprofit organization based in Banner Elk, NC, classified under NTEE code M24. The organization reported total revenue of $193K and total assets of $224K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Banner Elk Fire And Rescue Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Banner Elk Fire And Rescue Foundation is a small nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2020–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $16K |
| Surplus / Deficit | +$107K |
| Total Assets | $107K |
| Net Assets | $107K |
| Operating Margin | 86.9% |
| Months of Reserves | 79.9 months |
Financial Health Grade: A
In 2023, Banner Elk Fire And Rescue Foundation reported a surplus of $107K with revenue exceeding expenses, holds 79.9 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Banner Elk Fire And Rescue Foundation 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 Banner Elk Fire And Rescue Foundation 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 $107K, with revenue exceeding expenses.
Frequently Asked Questions about Banner Elk Fire And Rescue Foundation
Is Banner Elk Fire And Rescue Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Banner Elk Fire And Rescue Foundation (EIN: 813118641) insufficient data. 0 red flags identified, 0 strengths noted.
How does Banner Elk Fire And Rescue Foundation spend its money?
Detailed spending breakdown data is not yet available for Banner Elk Fire And Rescue Foundation. Check back for updated IRS 990 analysis.
Are donations to Banner Elk Fire And Rescue Foundation tax-deductible?
Banner Elk Fire And Rescue Foundation is registered as a tax-exempt nonprofit (EIN: 813118641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Banner Elk Fire And Rescue Foundation located?
Banner Elk Fire And Rescue Foundation is headquartered in Banner Elk, North Carolina and files with the IRS under EIN 813118641. It is classified under NTEE code M24.
How many years of IRS 990 filings does Banner Elk Fire And Rescue Foundation have?
Banner Elk Fire And Rescue Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $193K in total revenue.
Filing History
IRS 990 filing history for Banner Elk Fire And Rescue Foundation showing financial trends over 4 years of public records:
Total assets increased by 10709100% over the same period, from $1 to $107K. In its most recent filing year (2023), Banner Elk Fire And Rescue Foundation reported a surplus of $107K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $16K | $107K | $0 | — | — |
| 2022 | $0 | $0 | $1 | $0 | — | — |
| 2021 | $0 | $0 | $1 | $0 | — | — |
| 2020 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $16K, and assets of $107K.
- 2022: Revenue of $0, expenses of $0, and assets of $1.
- 2021: Revenue of $0, expenses of $0, and assets of $1.
- 2020: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Banner Elk Fire And Rescue Foundation:
Data Sources and Methodology
This transparency report for Banner Elk Fire And Rescue Foundation 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.