Bedford Volunteer Fire Deptartment
EIN: 383915723 · Bedford, KY · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $132K |
| Total Expenses | $106K |
| Net Assets | $609K |
Is Bedford Volunteer Fire Deptartment Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bedford Volunteer Fire Deptartment
Bedford Volunteer Fire Deptartment (EIN: 383915723) is a nonprofit organization based in Bedford, KY, classified under NTEE code M24. The organization reported total revenue of $132K and total assets of $623K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bedford Volunteer Fire Deptartment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bedford Volunteer Fire Deptartment is a small nonprofit that has been operating for 2 years, with 4 years of IRS 990 filings on record (2015–2019). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $106K |
| Surplus / Deficit | $-2,873 |
| Total Assets | $609K |
| Net Assets | $609K |
| Operating Margin | -2.8% |
| Months of Reserves | 69.2 months |
Financial Health Grade: B
In 2019, Bedford Volunteer Fire Deptartment reported a deficit of $3K with expenses exceeding revenue, holds 69.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2015–2019), Bedford Volunteer Fire Deptartment's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +30.8% | +37.9% | -10.3% |
| 2018 | -23.6% | -1.3% | -4.3% |
| 2017 | +37.0% | -28.8% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bedford Volunteer Fire Deptartment 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 Bedford Volunteer Fire Deptartment 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Bedford Volunteer Fire Deptartment
Is Bedford Volunteer Fire Deptartment a legitimate charity?
Based on AI analysis of IRS 990 filings, Bedford Volunteer Fire Deptartment (EIN: 383915723) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bedford Volunteer Fire Deptartment spend its money?
Detailed spending breakdown data is not yet available for Bedford Volunteer Fire Deptartment. Check back for updated IRS 990 analysis.
Are donations to Bedford Volunteer Fire Deptartment tax-deductible?
Bedford Volunteer Fire Deptartment is registered as a tax-exempt nonprofit (EIN: 383915723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bedford Volunteer Fire Deptartment located?
Bedford Volunteer Fire Deptartment is headquartered in Bedford, Kentucky and files with the IRS under EIN 383915723. It is classified under NTEE code M24.
How many years of IRS 990 filings does Bedford Volunteer Fire Deptartment have?
Bedford Volunteer Fire Deptartment 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 $132K in total revenue.
Filing History
IRS 990 filing history for Bedford Volunteer Fire Deptartment showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2015–2019), Bedford Volunteer Fire Deptartment's revenue has grown by 37%, moving from $75K to $103K. Total assets decreased by 14% over the same period, from $709K to $609K. Total functional expenses fell by 3.1%, from $109K to $106K. In its most recent filing year (2019), Bedford Volunteer Fire Deptartment reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $103K | $106K | $609K | $0 | — | View 990 |
| 2018 | $79K | $77K | $680K | $0 | — | View 990 |
| 2017 | $103K | $78K | $710K | $0 | — | View 990 |
| 2015 | $75K | $109K | $709K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $103K, expenses of $106K, and assets of $609K (revenue +30.8% year-over-year).
- 2018: Revenue of $79K, expenses of $77K, and assets of $680K (revenue -23.6% year-over-year).
- 2017: Revenue of $103K, expenses of $78K, and assets of $710K (revenue +37.0% year-over-year).
- 2015: Revenue of $75K, expenses of $109K, and assets of $709K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bedford Volunteer Fire Deptartment:
Data Sources and Methodology
This transparency report for Bedford Volunteer Fire Deptartment 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.