Carrollton Volunteer Fire Department Incorporated
EIN: 541052865 · Carrollton, VA · NTEE: M24Z
| Metric | Value |
|---|---|
| Total Revenue | $413K |
| Total Expenses | $379K |
| Net Assets | $2.1M |
Is Carrollton Volunteer Fire Department Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carrollton Volunteer Fire Department Incorporated
Carrollton Volunteer Fire Department Incorporated (EIN: 541052865) is a nonprofit organization based in Carrollton, VA, classified under NTEE code M24Z. The organization reported total revenue of $413K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carrollton Volunteer Fire Department Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carrollton Volunteer Fire Department Incorporated is a small nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $251K |
| Total Expenses | $379K |
| Surplus / Deficit | $-128,972 |
| Total Assets | $2.1M |
| Net Assets | $2.1M |
| Operating Margin | -51.5% |
| Months of Reserves | 67.1 months |
Financial Health Grade: B
In 2024, Carrollton Volunteer Fire Department Incorporated reported a deficit of $129K with expenses exceeding revenue, holds 67.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Carrollton Volunteer Fire Department Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.9% | -15.8% | -5.7% |
| 2023 | +17.5% | +21.1% | -8.0% |
| 2022 | -24.1% | +31.8% | +155.8% |
| 2021 | -6.7% | -7.9% | +0.4% |
| 2020 | +45.1% | +16.2% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carrollton Volunteer Fire Department Incorporated 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 Carrollton Volunteer Fire Department Incorporated 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 deficit of $129K, with expenses exceeding revenue.
Frequently Asked Questions about Carrollton Volunteer Fire Department Incorporated
Is Carrollton Volunteer Fire Department Incorporated a legitimate charity?
Carrollton Volunteer Fire Department Incorporated (EIN: 541052865) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $413K. No red flags identified. Financial health grade: B.
How does Carrollton Volunteer Fire Department Incorporated spend its money?
Carrollton Volunteer Fire Department Incorporated reported $413K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carrollton Volunteer Fire Department Incorporated tax-deductible?
Carrollton Volunteer Fire Department Incorporated is registered as a tax-exempt nonprofit (EIN: 541052865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carrollton Volunteer Fire Department Incorporated located?
Carrollton Volunteer Fire Department Incorporated is headquartered in Carrollton, Virginia and files with the IRS under EIN 541052865. It is classified under NTEE code M24Z.
How many years of IRS 990 filings does Carrollton Volunteer Fire Department Incorporated have?
Carrollton Volunteer Fire Department Incorporated has 14 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 $413K in total revenue.
Filing History
IRS 990 filing history for Carrollton Volunteer Fire Department Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Carrollton Volunteer Fire Department Incorporated's revenue has grown by 11.5%, moving from $225K to $251K. Total assets increased by 93.9% over the same period, from $1.1M to $2.1M. Total functional expenses rose by 44.6%, from $262K to $379K. In its most recent filing year (2024), Carrollton Volunteer Fire Department Incorporated reported a deficit of $129K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $251K | $379K | $2.1M | $0 | — | — |
| 2023 | $255K | $451K | $2.3M | $0 | — | View 990 |
| 2022 | $217K | $372K | $2.4M | $0 | — | View 990 |
| 2021 | $287K | $282K | $956K | $0 | — | — |
| 2020 | $307K | $307K | $952K | $0 | — | View 990 |
| 2019 | $212K | $264K | $951K | $0 | — | View 990 |
| 2018 | $313K | $313K | $1.1M | $0 | — | View 990 |
| 2017 | $318K | $419K | $1.1M | $0 | — | View 990 |
| 2016 | $493K | $284K | $1.2M | $0 | — | View 990 |
| 2015 | $226K | $281K | $1.1M | $0 | — | View 990 |
| 2014 | $343K | $368K | $1.1M | $0 | — | View 990 |
| 2013 | $355K | $344K | $1.1M | $0 | — | View 990 |
| 2012 | $403K | $342K | $1.1M | $0 | — | View 990 |
| 2011 | $225K | $262K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $251K, expenses of $379K, and assets of $2.1M (revenue -1.9% year-over-year).
- 2023: Revenue of $255K, expenses of $451K, and assets of $2.3M (revenue +17.5% year-over-year).
- 2022: Revenue of $217K, expenses of $372K, and assets of $2.4M (revenue -24.1% year-over-year).
- 2021: Revenue of $287K, expenses of $282K, and assets of $956K (revenue -6.7% year-over-year).
- 2020: Revenue of $307K, expenses of $307K, and assets of $952K (revenue +45.1% year-over-year).
- 2019: Revenue of $212K, expenses of $264K, and assets of $951K (revenue -32.3% year-over-year).
- 2018: Revenue of $313K, expenses of $313K, and assets of $1.1M (revenue -1.5% year-over-year).
- 2017: Revenue of $318K, expenses of $419K, and assets of $1.1M (revenue -35.6% year-over-year).
- 2016: Revenue of $493K, expenses of $284K, and assets of $1.2M (revenue +118.4% year-over-year).
- 2015: Revenue of $226K, expenses of $281K, and assets of $1.1M (revenue -34.2% year-over-year).
- 2014: Revenue of $343K, expenses of $368K, and assets of $1.1M (revenue -3.4% year-over-year).
- 2013: Revenue of $355K, expenses of $344K, and assets of $1.1M (revenue -11.9% year-over-year).
- 2012: Revenue of $403K, expenses of $342K, and assets of $1.1M (revenue +79.2% year-over-year).
- 2011: Revenue of $225K, expenses of $262K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carrollton Volunteer Fire Department Incorporated:
Data Sources and Methodology
This transparency report for Carrollton Volunteer Fire Department Incorporated 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.