Burke County Rescue Squadron Inc
EIN: 237033796 · Morganton, NC
| Metric | Value |
|---|---|
| Total Revenue | $334K |
| Total Expenses | $63K |
| Net Assets | $189K |
Is Burke County Rescue Squadron Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Burke County Rescue Squadron Inc
Burke County Rescue Squadron Inc (EIN: 237033796) is a nonprofit organization based in Morganton, NC. The organization reported total revenue of $334K and total assets of $352K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burke County Rescue Squadron Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burke County Rescue Squadron Inc is a small nonprofit that has been operating for 64 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $63K |
| Surplus / Deficit | +$82K |
| Total Assets | $254K |
| Total Liabilities | $65K |
| Net Assets | $189K |
| Operating Margin | 56.5% |
| Debt-to-Asset Ratio | 25.8% |
| Months of Reserves | 48.3 months |
Financial Health Grade: A
In 2023, Burke County Rescue Squadron Inc reported a surplus of $82K with revenue exceeding expenses, holds 48.3 months of operating reserves (strong position), has a debt-to-asset ratio of 25.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Burke County Rescue Squadron Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.4% | +0.6% | +85.2% |
| 2022 | +7.5% | -50.6% | +234.8% |
| 2020 | -3.7% | +13.8% | -47.7% |
| 2019 | +6.7% | +10.8% | -18.5% |
| 2018 | +9.1% | -2.6% | -6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Burke County Rescue Squadron Inc 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 Burke County Rescue Squadron Inc 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 $82K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.8%.
Frequently Asked Questions about Burke County Rescue Squadron Inc
Is Burke County Rescue Squadron Inc a legitimate charity?
Burke County Rescue Squadron Inc (EIN: 237033796) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $334K. No red flags identified. Financial health grade: A.
How does Burke County Rescue Squadron Inc spend its money?
Burke County Rescue Squadron Inc reported $334K 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 Burke County Rescue Squadron Inc tax-deductible?
Burke County Rescue Squadron Inc is registered as a tax-exempt nonprofit (EIN: 237033796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Burke County Rescue Squadron Inc located?
Burke County Rescue Squadron Inc is headquartered in Morganton, North Carolina and files with the IRS under EIN 237033796.
How many years of IRS 990 filings does Burke County Rescue Squadron Inc have?
Burke County Rescue Squadron Inc 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 $334K in total revenue.
Filing History
IRS 990 filing history for Burke County Rescue Squadron Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Burke County Rescue Squadron Inc's revenue has grown by 90.8%, moving from $76K to $145K. Total assets increased by 49.8% over the same period, from $170K to $254K. Total functional expenses fell by 41%, from $107K to $63K. In its most recent filing year (2023), Burke County Rescue Squadron Inc reported a surplus of $82K, with revenue exceeding expenses. The organization holds $65K in liabilities against $254K in assets (debt-to-asset ratio: 25.8%), resulting in net assets of $189K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $63K | $254K | $65K | — | View 990 |
| 2022 | $118K | $63K | $137K | $30K | — | View 990 |
| 2020 | $110K | $127K | $41K | $60K | — | — |
| 2019 | $114K | $112K | $78K | $81K | — | View 990 |
| 2018 | $107K | $101K | $96K | $101K | — | View 990 |
| 2017 | $98K | $104K | $103K | $120K | — | View 990 |
| 2016 | $100K | $97K | $132K | $144K | — | View 990 |
| 2015 | $184K | $148K | $152K | $167K | — | View 990 |
| 2014 | $117K | $136K | $138K | $189K | — | View 990 |
| 2013 | $85K | $105K | $114K | $147K | — | View 990 |
| 2012 | $80K | $101K | $138K | $150K | — | View 990 |
| 2011 | $76K | $107K | $170K | $161K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $63K, and assets of $254K (revenue +22.4% year-over-year).
- 2022: Revenue of $118K, expenses of $63K, and assets of $137K (revenue +7.5% year-over-year).
- 2020: Revenue of $110K, expenses of $127K, and assets of $41K (revenue -3.7% year-over-year).
- 2019: Revenue of $114K, expenses of $112K, and assets of $78K (revenue +6.7% year-over-year).
- 2018: Revenue of $107K, expenses of $101K, and assets of $96K (revenue +9.1% year-over-year).
- 2017: Revenue of $98K, expenses of $104K, and assets of $103K (revenue -1.7% year-over-year).
- 2016: Revenue of $100K, expenses of $97K, and assets of $132K (revenue -45.7% year-over-year).
- 2015: Revenue of $184K, expenses of $148K, and assets of $152K (revenue +56.8% year-over-year).
- 2014: Revenue of $117K, expenses of $136K, and assets of $138K (revenue +38.5% year-over-year).
- 2013: Revenue of $85K, expenses of $105K, and assets of $114K (revenue +6.0% year-over-year).
- 2012: Revenue of $80K, expenses of $101K, and assets of $138K (revenue +5.2% year-over-year).
- 2011: Revenue of $76K, expenses of $107K, and assets of $170K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burke County Rescue Squadron Inc:
Data Sources and Methodology
This transparency report for Burke County Rescue Squadron Inc 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.