Big Otter Volunteer Fire Department
EIN: 550755135 · Ivydale, WV · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $157K |
| Total Expenses | $121K |
| Net Assets | $0 |
Is Big Otter Volunteer Fire Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Big Otter Volunteer Fire Department
Big Otter Volunteer Fire Department (EIN: 550755135) is a nonprofit organization based in Ivydale, WV, classified under NTEE code M24. The organization reported total revenue of $157K and total assets of $249K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Big Otter Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Big Otter Volunteer Fire Department is a small nonprofit that has been operating for 4 years, with 8 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 | $149K |
| Total Expenses | $121K |
| Surplus / Deficit | +$28K |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 19.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Big Otter Volunteer Fire Department reported a surplus of $28K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 8 years of filings (2011–2023), Big Otter Volunteer Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.2% | -20.0% | — |
| 2022 | +121.9% | +523.8% | -3264400.0% |
| 2021 | -78.7% | -76.9% | -100.0% |
| 2019 | +323270.1% | — | +28.7% |
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 Big Otter Volunteer Fire Department 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 Big Otter Volunteer Fire Department 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 $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Big Otter Volunteer Fire Department
Is Big Otter Volunteer Fire Department a legitimate charity?
Big Otter Volunteer Fire Department (EIN: 550755135) is a registered tax-exempt nonprofit based in West Virginia. It has 8 years of IRS 990 filings on record. Total revenue: $157K. No red flags identified. Financial health grade: B.
How does Big Otter Volunteer Fire Department spend its money?
Big Otter Volunteer Fire Department reported $157K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Big Otter Volunteer Fire Department tax-deductible?
Big Otter Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 550755135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Big Otter Volunteer Fire Department located?
Big Otter Volunteer Fire Department is headquartered in Ivydale, West Virginia and files with the IRS under EIN 550755135. It is classified under NTEE code M24.
How many years of IRS 990 filings does Big Otter Volunteer Fire Department have?
Big Otter Volunteer Fire Department has 8 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 $157K in total revenue.
Filing History
IRS 990 filing history for Big Otter Volunteer Fire Department showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Big Otter Volunteer Fire Department's revenue has grown by 40.4%, moving from $106K to $149K. Total assets decreased by 100% over the same period, from $84K to $1. Total functional expenses rose by 47.4%, from $82K to $121K. In its most recent filing year (2023), Big Otter Volunteer Fire Department reported a surplus of $28K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $121K | $1 | $1 | — | View 990 |
| 2022 | $118K | $151K | $-32,643 | $0 | — | — |
| 2021 | $53K | $24K | $1 | $0 | — | — |
| 2019 | $249K | $104K | $138K | $0 | — | View 990 |
| 2016 | $77 | $0 | $107K | $0 | — | — |
| 2013 | $0 | $50K | $106K | $0 | — | View 990 |
| 2012 | $0 | $46K | $68K | $0 | — | View 990 |
| 2011 | $106K | $82K | $84K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $121K, and assets of $1 (revenue +26.2% year-over-year).
- 2022: Revenue of $118K, expenses of $151K, and assets of $-32,643 (revenue +121.9% year-over-year).
- 2021: Revenue of $53K, expenses of $24K, and assets of $1 (revenue -78.7% year-over-year).
- 2019: Revenue of $249K, expenses of $104K, and assets of $138K (revenue +323270.1% year-over-year).
- 2016: Revenue of $77, expenses of $0, and assets of $107K.
- 2013: Revenue of $0, expenses of $50K, and assets of $106K.
- 2012: Revenue of $0, expenses of $46K, and assets of $68K (revenue -100.0% year-over-year).
- 2011: Revenue of $106K, expenses of $82K, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Big Otter Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Big Otter Volunteer Fire Department 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.