Belfry Volunteer Fire Dept Ltd
EIN: 611050038 · Belfry, KY · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $239K |
| Total Expenses | $221K |
| Net Assets | $646K |
Is Belfry Volunteer Fire Dept Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Belfry Volunteer Fire Dept Ltd
Belfry Volunteer Fire Dept Ltd (EIN: 611050038) is a nonprofit organization based in Belfry, KY, classified under NTEE code M24. The organization reported total revenue of $239K and total assets of $659K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belfry Volunteer Fire Dept Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Belfry Volunteer Fire Dept Ltd is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $221K |
| Surplus / Deficit | $-28,430 |
| Total Assets | $676K |
| Total Liabilities | $31K |
| Net Assets | $646K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 36.7 months |
Financial Health Grade: B
In 2023, Belfry Volunteer Fire Dept Ltd reported a deficit of $28K with expenses exceeding revenue, holds 36.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Belfry Volunteer Fire Dept Ltd's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | +10.6% | +8.6% |
| 2022 | +92.7% | +27.7% | -2.4% |
| 2021 | +9.9% | +4.7% | -6.5% |
| 2020 | -70.0% | -59.5% | -8.7% |
| 2019 | +162.6% | +145.1% | +27.6% |
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 Analysis Pending
AI enrichment for Belfry Volunteer Fire Dept Ltd 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 Belfry Volunteer Fire Dept Ltd 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 $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Belfry Volunteer Fire Dept Ltd
Is Belfry Volunteer Fire Dept Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Belfry Volunteer Fire Dept Ltd (EIN: 611050038) insufficient data. 0 red flags identified, 0 strengths noted.
How does Belfry Volunteer Fire Dept Ltd spend its money?
Detailed spending breakdown data is not yet available for Belfry Volunteer Fire Dept Ltd. Check back for updated IRS 990 analysis.
Are donations to Belfry Volunteer Fire Dept Ltd tax-deductible?
Belfry Volunteer Fire Dept Ltd is registered as a tax-exempt nonprofit (EIN: 611050038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Belfry Volunteer Fire Dept Ltd located?
Belfry Volunteer Fire Dept Ltd is headquartered in Belfry, Kentucky and files with the IRS under EIN 611050038. It is classified under NTEE code M24.
How many years of IRS 990 filings does Belfry Volunteer Fire Dept Ltd have?
Belfry Volunteer Fire Dept Ltd has 12 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 $239K in total revenue.
Filing History
IRS 990 filing history for Belfry Volunteer Fire Dept Ltd showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Belfry Volunteer Fire Dept Ltd's revenue has declined by 29.4%, moving from $273K to $193K. Total assets decreased by 8.5% over the same period, from $739K to $676K. Total functional expenses fell by 35.5%, from $343K to $221K. In its most recent filing year (2023), Belfry Volunteer Fire Dept Ltd reported a deficit of $28K, with expenses exceeding revenue. The organization holds $31K in liabilities against $676K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $646K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $221K | $676K | $31K | — | — |
| 2022 | $179K | $200K | $623K | $40K | — | View 990 |
| 2021 | $93K | $157K | $638K | $49K | — | View 990 |
| 2020 | $85K | $150K | $683K | $57K | — | View 990 |
| 2019 | $282K | $370K | $748K | $65K | — | View 990 |
| 2018 | $107K | $151K | $586K | $49K | — | View 990 |
| 2017 | $73K | $117K | $589K | $55K | — | View 990 |
| 2016 | $81K | $133K | $577K | $11K | — | View 990 |
| 2015 | $144K | $185K | $628K | $29K | — | View 990 |
| 2013 | $105K | $144K | $598K | $5K | — | View 990 |
| 2012 | $96K | $174K | $647K | $14K | — | View 990 |
| 2011 | $273K | $343K | $739K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $221K, and assets of $676K (revenue +7.5% year-over-year).
- 2022: Revenue of $179K, expenses of $200K, and assets of $623K (revenue +92.7% year-over-year).
- 2021: Revenue of $93K, expenses of $157K, and assets of $638K (revenue +9.9% year-over-year).
- 2020: Revenue of $85K, expenses of $150K, and assets of $683K (revenue -70.0% year-over-year).
- 2019: Revenue of $282K, expenses of $370K, and assets of $748K (revenue +162.6% year-over-year).
- 2018: Revenue of $107K, expenses of $151K, and assets of $586K (revenue +46.9% year-over-year).
- 2017: Revenue of $73K, expenses of $117K, and assets of $589K (revenue -9.6% year-over-year).
- 2016: Revenue of $81K, expenses of $133K, and assets of $577K (revenue -43.7% year-over-year).
- 2015: Revenue of $144K, expenses of $185K, and assets of $628K (revenue +36.6% year-over-year).
- 2013: Revenue of $105K, expenses of $144K, and assets of $598K (revenue +9.9% year-over-year).
- 2012: Revenue of $96K, expenses of $174K, and assets of $647K (revenue -64.9% year-over-year).
- 2011: Revenue of $273K, expenses of $343K, and assets of $739K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Belfry Volunteer Fire Dept Ltd:
Data Sources and Methodology
This transparency report for Belfry Volunteer Fire Dept Ltd 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.