Canton Volunteer Fire Department

Canton Volunteer Fire Department maintains stable operations with volunteer leadership and fluctuating asset base.

EIN: 205028877 · Canton, SD · NTEE: M99 · Updated: 2026-03-28

$108KRevenue
$54KAssets
85/100Mission Score (Excellent)
M99
Canton Volunteer Fire Department Financial Summary
MetricValue
Total Revenue$108K
Total Expenses$30K
Program Spending85%
CEO/Top Officer Pay$107,815.
Net Assets$0
Transparency Score85/100

Search Intent Cockpit

Canton Volunteer Fire Department Form 990, Revenue, CEO Pay, and IRS Filing Signals

Canton Volunteer Fire Department is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Canton Volunteer Fire Department in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $53K and expenses of $30K.

Revenue and Expenses

Canton Volunteer Fire Department reported $53K in revenue and $30K in expenses, a surplus of $24K.

Executive Compensation

Top officer compensation appears as $107,815. in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Canton Volunteer Fire Department Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Canton Volunteer Fire Department Expense Deployment
Program services$25K (85%)

Across stored filings, Canton Volunteer Fire Department shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Canton Volunteer Fire Department Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A11 stored filing years
Peer contextCompare with River Of Life Community ChurchSouth Dakota and Category M context

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Canton Volunteer Fire Department directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Canton Volunteer Fire Department

Canton Volunteer Fire Department (EIN: 205028877) is a nonprofit organization based in Canton, SD, classified under NTEE code M99. The organization reported total revenue of $108K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canton Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

12Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Canton Volunteer Fire Department is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -0.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$53K
Total Expenses$30K
Surplus / Deficit+$24K
Total Assets$38K
Total Liabilities$38K
Net Assets$0
Operating Margin44.3%
Debt-to-Asset Ratio100.0%
Months of Reserves15.3 months

Financial Health Grade: A

In 2023, Canton Volunteer Fire Department reported a surplus of $24K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).

Financial Trends

Over 11 years of filings (2013–2023), Canton Volunteer Fire Department's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-22.2%-42.4%+4.4%
2022-7.6%-3.7%+3.0%
2021+19.9%-43.4%-16.7%
2020+36.8%+179.0%-43.7%
2019-48.7%+9.2%-19.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2014

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Canton Volunteer Fire Department demonstrates consistent operational activity with fluctuating but generally stable revenue streams. In the latest reported period (202312), the organization generated $53,272 in revenue against $29,656 in expenses, indicating a surplus. Over the past five years, revenue has ranged from $45,191 (201912) to $74,122 (202112), with expenses generally tracking below or near revenue, except for a significant deficit in 202012 where expenses ($94,534) considerably exceeded revenue ($61,800). The organization's assets have seen considerable fluctuation, from a high of $186,401 in 201612 to $37,740 in 202312, with a notable increase in liabilities matching assets in recent years, suggesting potential accounting changes or specific asset financing. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence regarding administrative costs. Spending efficiency appears strong, particularly given the volunteer nature of the leadership. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify efficiency ratios. However, the overall expense-to-revenue ratio in most years suggests that a significant portion of funds is likely directed towards operational activities. For instance, in 202312, expenses were approximately 55.7% of revenue, leaving a substantial margin for reinvestment or reserve building. The lack of reported officer compensation further supports efficient use of funds. Transparency is generally good, with consistent IRS 990 filings available. The absence of reported officer compensation is a clear indicator of a volunteer board, enhancing trust. However, the recent trend of liabilities exactly matching assets in the last three filings (202112-202312) warrants further investigation to understand the nature of these liabilities and their impact on the organization's financial health and flexibility. This could represent specific asset financing or a change in accounting presentation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Canton Volunteer Fire Department with a Mission Score of 85 out of 100 (Excellent). 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, Canton 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:

$53KTotal Revenue
$30KTotal Expenses
$38KTotal Assets
$38KTotal Liabilities
$0Net Assets
  • The organization reported a surplus of $24K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 100.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with latest revenue of $107,815.

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 Canton Volunteer Fire Department's IRS 990 filings:

  • Significant deficit in 202012 where expenses ($94,534) considerably exceeded revenue ($61,800)
  • Liabilities exactly matching assets in the last three reported periods (202112-202312) without clear explanation in summary data

Strengths

The following positive indicators were identified for Canton Volunteer Fire Department:

  • Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds
  • Generally stable financial operations with revenue often exceeding expenses
  • Consistent IRS 990 filing history, demonstrating transparency
  • Strong program focus implied by the nature of a volunteer fire department and low administrative overhead

Frequently Asked Questions about Canton Volunteer Fire Department

Is Canton Volunteer Fire Department a legitimate charity?

Canton Volunteer Fire Department (EIN: 205028877) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $108K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Canton Volunteer Fire Department spend its money?

Canton Volunteer Fire Department directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Canton Volunteer Fire Department tax-deductible?

Canton Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 205028877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Canton Volunteer Fire Department CEO make?

Canton Volunteer Fire Department's highest-compensated officer earns $107,815. annually. The organization reported $108K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Canton Volunteer Fire Department's spending goes to programs?

Canton Volunteer Fire Department directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Canton Volunteer Fire Department compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Canton Volunteer Fire Department is above average for NTEE category M99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Canton Volunteer Fire Department located?

Canton Volunteer Fire Department is headquartered in Canton, South Dakota and files with the IRS under EIN 205028877. It is classified under NTEE code M99.

How many years of IRS 990 filings does Canton Volunteer Fire Department have?

Canton Volunteer Fire Department has 11 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 $108K in total revenue.

Is Canton Volunteer Fire Department a good charity?

Based on the available data, the Canton Volunteer Fire Department appears to be a good charity. It operates with volunteer leadership (0% officer compensation), indicating efficient use of funds. Its expenses are generally well-managed relative to revenue, and it consistently files its IRS 990 forms, demonstrating transparency.

What caused the significant expense spike in 2020?

In 202012, the organization reported expenses of $94,534 against revenue of $61,800, resulting in a significant deficit. Without detailed expense breakdowns from the 990 form, the specific cause cannot be determined, but it could be due to a major equipment purchase, facility maintenance, or an unusual operational cost.

Why do liabilities exactly match assets in recent years?

For the periods 202112, 202212, and 202312, the organization reported liabilities exactly equal to its assets. This could indicate that certain assets are fully offset by corresponding liabilities, possibly due to specific financing arrangements for equipment or property, or a change in how certain funds or assets are accounted for, such as restricted funds.

Filing History

IRS 990 filing history for Canton Volunteer Fire Department showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Canton Volunteer Fire Department's revenue has declined by 3.3%, moving from $55K to $53K. Total assets decreased by 76% over the same period, from $157K to $38K. Total functional expenses fell by 39.6%, from $49K to $30K. In its most recent filing year (2023), Canton Volunteer Fire Department reported a surplus of $24K, with revenue exceeding expenses. The organization holds $38K in liabilities against $38K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $53K $30K $38K $38K View 990
2022 $68K $51K $36K $36K View 990
2021 $74K $53K $35K $35K View 990
2020 $62K $95K $42K $0 View 990
2019 $45K $34K $75K $0 View 990
2018 $88K $31K $93K $0 View 990
2017 $80K $105K $36K $0 View 990
2016 $195K $61K $186K $0 View 990
2015 $44K $40K $52K $0 View 990
2014 $52K $47K $154K $0 View 990
2013 $55K $49K $157K $0

Year-by-Year Financial Summary

  • 2023: Revenue of $53K, expenses of $30K, and assets of $38K (revenue -22.2% year-over-year).
  • 2022: Revenue of $68K, expenses of $51K, and assets of $36K (revenue -7.6% year-over-year).
  • 2021: Revenue of $74K, expenses of $53K, and assets of $35K (revenue +19.9% year-over-year).
  • 2020: Revenue of $62K, expenses of $95K, and assets of $42K (revenue +36.8% year-over-year).
  • 2019: Revenue of $45K, expenses of $34K, and assets of $75K (revenue -48.7% year-over-year).
  • 2018: Revenue of $88K, expenses of $31K, and assets of $93K (revenue +9.6% year-over-year).
  • 2017: Revenue of $80K, expenses of $105K, and assets of $36K (revenue -58.9% year-over-year).
  • 2016: Revenue of $195K, expenses of $61K, and assets of $186K (revenue +346.0% year-over-year).
  • 2015: Revenue of $44K, expenses of $40K, and assets of $52K (revenue -16.5% year-over-year).
  • 2014: Revenue of $52K, expenses of $47K, and assets of $154K (revenue -4.8% year-over-year).
  • 2013: Revenue of $55K, expenses of $49K, and assets of $157K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Canton Volunteer Fire Department:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing

Data Sources and Methodology

This transparency report for Canton 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.

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