Blacksburg Volunteer Fire Department
Blacksburg Volunteer Fire Department frequently operates at a deficit, with liabilities sometimes exceeding assets, despite zero officer compensation.
EIN: 134355968 · Blacksburg, SC · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $554K |
| Total Expenses | $520K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $553,529. |
| Net Assets | $-155,380 |
| Transparency Score | 70/100 |
Is Blacksburg Volunteer Fire Department Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blacksburg Volunteer Fire Department directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blacksburg Volunteer Fire Department
Blacksburg Volunteer Fire Department (EIN: 134355968) is a nonprofit organization based in Blacksburg, SC, classified under NTEE code M24. The organization reported total revenue of $554K and total assets of $509K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blacksburg Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blacksburg Volunteer Fire Department is a small nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $500K |
| Total Expenses | $520K |
| Surplus / Deficit | $-20,043 |
| Total Assets | $508K |
| Total Liabilities | $664K |
| Net Assets | $-155,380 |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 130.6% |
| Months of Reserves | 11.7 months |
Financial Health Grade: C
In 2023, Blacksburg Volunteer Fire Department reported a deficit of $20K with expenses exceeding revenue, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 130.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Blacksburg Volunteer Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.2% | +23.9% | +47.7% |
| 2022 | -11.4% | +18.4% | -23.5% |
| 2021 | -20.8% | -37.2% | -9.9% |
| 2020 | +89.7% | +86.1% | -25.5% |
| 2019 | +36.4% | +33.2% | +61.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blacksburg Volunteer Fire Department with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Blacksburg Volunteer Fire Department allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 130.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is primarily volunteer-led at the executive level, which is highly efficient for an organization of its size with latest revenue of $553,529.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Blacksburg Volunteer Fire Department's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023, 2022, 2020, 2019, 2018, 2015)
- Liabilities exceeding assets in the most recent filing period (2023: $663,591 liabilities vs. $508,211 assets)
- Significant year-over-year fluctuations in revenue and expenses, indicating potential instability in funding or operational costs.
Strengths
The following positive indicators were identified for Blacksburg Volunteer Fire Department:
- Zero officer compensation across all reported periods, indicating a highly volunteer-driven model and efficient use of funds for direct services.
- Consistent filing history (13 filings), demonstrating strong transparency and accountability.
- Growth in revenue over the long term, from $92,412 in 2014 to $553,529 currently, suggesting increasing community support or funding opportunities.
Frequently Asked Questions about Blacksburg Volunteer Fire Department
Is Blacksburg Volunteer Fire Department a legitimate charity?
Based on AI analysis of IRS 990 filings, Blacksburg Volunteer Fire Department (EIN: 134355968) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Blacksburg Volunteer Fire Department spend its money?
Blacksburg Volunteer Fire Department directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blacksburg Volunteer Fire Department tax-deductible?
Blacksburg Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 134355968). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Blacksburg Volunteer Fire Department CEO make?
Blacksburg Volunteer Fire Department's highest-compensated officer earns $553,529. annually. The organization reported $554K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Blacksburg Volunteer Fire Department's spending goes to programs?
Blacksburg Volunteer Fire Department directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blacksburg Volunteer Fire Department compare to similar nonprofits?
With a transparency score of 70/100 (Good), Blacksburg Volunteer Fire Department is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blacksburg Volunteer Fire Department located?
Blacksburg Volunteer Fire Department is headquartered in Blacksburg, South Carolina and files with the IRS under EIN 134355968. It is classified under NTEE code M24.
How many years of IRS 990 filings does Blacksburg Volunteer Fire Department have?
Blacksburg Volunteer Fire Department has 13 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 $554K in total revenue.
Is Blacksburg Volunteer Fire Department a good charity?
The Blacksburg Volunteer Fire Department appears to be a dedicated organization focused on its mission, as evidenced by its 0% officer compensation and consistent program delivery. However, its recurring operational deficits and fluctuating liabilities, which exceeded assets in 2023, raise concerns about its long-term financial stability. Donors should consider these financial trends.
What are the primary financial risks for this organization?
The primary financial risks include consistent operational deficits (e.g., $20,043 in 2023 and $125,902 in 2022) and high liabilities that have at times surpassed total assets (e.g., $663,591 in liabilities vs. $508,211 in assets in 2023). This indicates a potential reliance on debt or future funding to cover current expenses.
How has the organization's financial health changed over time?
The organization's financial health has shown significant fluctuations. While revenue has grown substantially from $92,412 in 2014 to $553,529 currently, expenses have often outpaced revenue in recent years. Assets have also grown but liabilities have increased dramatically, particularly in 2023, indicating a more leveraged financial position compared to earlier periods where liabilities were sometimes zero.
Filing History
IRS 990 filing history for Blacksburg Volunteer Fire Department showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blacksburg Volunteer Fire Department's revenue has grown by 389.3%, moving from $102K to $500K. Total assets increased by 174.7% over the same period, from $185K to $508K. Total functional expenses rose by 410.4%, from $102K to $520K. In its most recent filing year (2023), Blacksburg Volunteer Fire Department reported a deficit of $20K, with expenses exceeding revenue. The organization holds $664K in liabilities against $508K in assets (debt-to-asset ratio: 130.6%), resulting in net assets of $-155,380.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $500K | $520K | $508K | $664K | — | View 990 |
| 2022 | $294K | $420K | $344K | $479K | — | View 990 |
| 2021 | $332K | $355K | $450K | $459K | — | View 990 |
| 2020 | $419K | $565K | $499K | $486K | — | — |
| 2019 | $221K | $304K | $671K | $513K | — | View 990 |
| 2018 | $162K | $228K | $415K | $174K | — | View 990 |
| 2017 | $269K | $170K | $496K | $189K | — | View 990 |
| 2016 | $118K | $115K | $208K | $0 | — | View 990 |
| 2015 | $104K | $113K | $205K | $0 | — | View 990 |
| 2014 | $92K | $79K | $215K | $0 | — | View 990 |
| 2013 | $71K | $71K | $201K | $0 | — | View 990 |
| 2012 | $86K | $70K | $201K | $0 | — | View 990 |
| 2011 | $102K | $102K | $185K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $500K, expenses of $520K, and assets of $508K (revenue +70.2% year-over-year).
- 2022: Revenue of $294K, expenses of $420K, and assets of $344K (revenue -11.4% year-over-year).
- 2021: Revenue of $332K, expenses of $355K, and assets of $450K (revenue -20.8% year-over-year).
- 2020: Revenue of $419K, expenses of $565K, and assets of $499K (revenue +89.7% year-over-year).
- 2019: Revenue of $221K, expenses of $304K, and assets of $671K (revenue +36.4% year-over-year).
- 2018: Revenue of $162K, expenses of $228K, and assets of $415K (revenue -39.7% year-over-year).
- 2017: Revenue of $269K, expenses of $170K, and assets of $496K (revenue +128.4% year-over-year).
- 2016: Revenue of $118K, expenses of $115K, and assets of $208K (revenue +13.0% year-over-year).
- 2015: Revenue of $104K, expenses of $113K, and assets of $205K (revenue +12.7% year-over-year).
- 2014: Revenue of $92K, expenses of $79K, and assets of $215K (revenue +29.4% year-over-year).
- 2013: Revenue of $71K, expenses of $71K, and assets of $201K (revenue -16.8% year-over-year).
- 2012: Revenue of $86K, expenses of $70K, and assets of $201K (revenue -16.1% year-over-year).
- 2011: Revenue of $102K, expenses of $102K, and assets of $185K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blacksburg Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Blacksburg 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.