Blades Volunteer Fire Company
EIN: 511148671 · Blades, DE · NTEE: M24Z
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.5M |
| Net Assets | $5.2M |
Is Blades Volunteer Fire Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blades Volunteer Fire Company
Blades Volunteer Fire Company (EIN: 511148671) is a nonprofit organization based in Blades, DE, classified under NTEE code M24Z. The organization reported total revenue of $1.9M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blades Volunteer Fire Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blades Volunteer Fire Company is a mid-size nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$384K |
| Total Assets | $7.1M |
| Total Liabilities | $1.9M |
| Net Assets | $5.2M |
| Operating Margin | 20.2% |
| Debt-to-Asset Ratio | 26.9% |
| Months of Reserves | 56.0 months |
Financial Health Grade: A
In 2024, Blades Volunteer Fire Company reported a surplus of $384K with revenue exceeding expenses, holds 56.0 months of operating reserves (strong position), has a debt-to-asset ratio of 26.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2024), Blades Volunteer Fire Company's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.6% | +6.9% | +5.7% |
| 2023 | +18.0% | +11.4% | +2.1% |
| 2022 | -11.0% | -1.4% | -3.6% |
| 2021 | +26.5% | +13.9% | +6.4% |
| 2020 | -3.4% | +5.9% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blades Volunteer Fire Company 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 Blades Volunteer Fire Company 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $384K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.9%.
Frequently Asked Questions about Blades Volunteer Fire Company
Is Blades Volunteer Fire Company a legitimate charity?
Blades Volunteer Fire Company (EIN: 511148671) is a registered tax-exempt nonprofit based in Delaware. It has 12 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Blades Volunteer Fire Company spend its money?
Blades Volunteer Fire Company reported $1.9M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Blades Volunteer Fire Company tax-deductible?
Blades Volunteer Fire Company is registered as a tax-exempt nonprofit (EIN: 511148671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blades Volunteer Fire Company located?
Blades Volunteer Fire Company is headquartered in Blades, Delaware and files with the IRS under EIN 511148671. It is classified under NTEE code M24Z.
How many years of IRS 990 filings does Blades Volunteer Fire Company have?
Blades Volunteer Fire Company 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Blades Volunteer Fire Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Blades Volunteer Fire Company's revenue has grown by 124.3%, moving from $847K to $1.9M. Total assets increased by 130.2% over the same period, from $3.1M to $7.1M. Total functional expenses rose by 90.7%, from $795K to $1.5M. In its most recent filing year (2024), Blades Volunteer Fire Company reported a surplus of $384K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $7.1M in assets (debt-to-asset ratio: 26.9%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $1.5M | $7.1M | $1.9M | — | — |
| 2023 | $1.6M | $1.4M | $6.7M | $2.0M | — | View 990 |
| 2022 | $1.4M | $1.3M | $6.6M | $2.1M | — | View 990 |
| 2021 | $1.6M | $1.3M | $6.8M | $2.2M | — | — |
| 2020 | $1.2M | $1.1M | $6.4M | $2.4M | — | View 990 |
| 2019 | $1.3M | $1.1M | $6.4M | $2.5M | — | View 990 |
| 2018 | $1.3M | $971K | $6.4M | $2.7M | — | — |
| 2017 | $1.2M | $890K | $6.4M | $2.9M | — | View 990 |
| 2016 | $920K | $751K | $5.8M | $2.6M | — | View 990 |
| 2015 | $941K | $676K | $3.4M | $397K | — | View 990 |
| 2014 | $1.0M | $704K | $3.2M | $434K | — | View 990 |
| 2012 | $847K | $795K | $3.1M | $802K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.9M, expenses of $1.5M, and assets of $7.1M (revenue +15.6% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $6.7M (revenue +18.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $6.6M (revenue -11.0% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $6.8M (revenue +26.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $6.4M (revenue -3.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $6.4M (revenue +1.8% year-over-year).
- 2018: Revenue of $1.3M, expenses of $971K, and assets of $6.4M (revenue +4.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $890K, and assets of $6.4M (revenue +30.6% year-over-year).
- 2016: Revenue of $920K, expenses of $751K, and assets of $5.8M (revenue -2.2% year-over-year).
- 2015: Revenue of $941K, expenses of $676K, and assets of $3.4M (revenue -9.1% year-over-year).
- 2014: Revenue of $1.0M, expenses of $704K, and assets of $3.2M (revenue +22.2% year-over-year).
- 2012: Revenue of $847K, expenses of $795K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blades Volunteer Fire Company:
Data Sources and Methodology
This transparency report for Blades Volunteer Fire Company 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.