Carthage Vol Fire Dept
EIN: 351798298 · Carthage, IN · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $102K |
| Net Assets | $467K |
Is Carthage Vol Fire Dept Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carthage Vol Fire Dept
Carthage Vol Fire Dept (EIN: 351798298) is a nonprofit organization based in Carthage, IN, classified under NTEE code M24. The organization reported total revenue of $110K and total assets of $425K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carthage Vol Fire Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carthage Vol Fire Dept is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $102K |
| Surplus / Deficit | $-4,029 |
| Total Assets | $467K |
| Net Assets | $467K |
| Operating Margin | -4.1% |
| Months of Reserves | 54.9 months |
Financial Health Grade: B
In 2023, Carthage Vol Fire Dept reported a deficit of $4K with expenses exceeding revenue, holds 54.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Carthage Vol Fire Dept's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | -35.5% | -5.7% |
| 2022 | -23.5% | -22.4% | -11.9% |
| 2021 | +135.8% | +48.5% | -13.1% |
| 2020 | -43.7% | +15.3% | -7.2% |
| 2019 | -37.2% | +1.8% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carthage Vol Fire Dept 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 Carthage Vol Fire Dept 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 deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Carthage Vol Fire Dept
Is Carthage Vol Fire Dept a legitimate charity?
Carthage Vol Fire Dept (EIN: 351798298) is a registered tax-exempt nonprofit based in Indiana. It has 12 years of IRS 990 filings on record. Total revenue: $110K. No red flags identified. Financial health grade: B.
How does Carthage Vol Fire Dept spend its money?
Carthage Vol Fire Dept reported $110K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carthage Vol Fire Dept tax-deductible?
Carthage Vol Fire Dept is registered as a tax-exempt nonprofit (EIN: 351798298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carthage Vol Fire Dept located?
Carthage Vol Fire Dept is headquartered in Carthage, Indiana and files with the IRS under EIN 351798298. It is classified under NTEE code M24.
How many years of IRS 990 filings does Carthage Vol Fire Dept have?
Carthage Vol Fire Dept 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 $110K in total revenue.
Filing History
IRS 990 filing history for Carthage Vol Fire Dept showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Carthage Vol Fire Dept's revenue has declined by 40%, moving from $164K to $98K. Total assets decreased by 42.8% over the same period, from $817K to $467K. Total functional expenses fell by 39%, from $167K to $102K. In its most recent filing year (2023), Carthage Vol Fire Dept reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $102K | $467K | $0 | — | — |
| 2022 | $96K | $158K | $495K | $24K | — | — |
| 2021 | $125K | $204K | $562K | $28K | — | View 990 |
| 2020 | $53K | $137K | $647K | $34K | — | — |
| 2019 | $94K | $119K | $697K | $0 | — | View 990 |
| 2018 | $150K | $117K | $721K | $0 | — | View 990 |
| 2017 | $122K | $168K | $688K | $0 | — | — |
| 2016 | $139K | $192K | $735K | $0 | — | View 990 |
| 2015 | $141K | $148K | $787K | $0 | — | View 990 |
| 2014 | $135K | $184K | $794K | $0 | — | View 990 |
| 2013 | $185K | $159K | $843K | $0 | — | View 990 |
| 2012 | $164K | $167K | $817K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $102K, and assets of $467K (revenue +2.4% year-over-year).
- 2022: Revenue of $96K, expenses of $158K, and assets of $495K (revenue -23.5% year-over-year).
- 2021: Revenue of $125K, expenses of $204K, and assets of $562K (revenue +135.8% year-over-year).
- 2020: Revenue of $53K, expenses of $137K, and assets of $647K (revenue -43.7% year-over-year).
- 2019: Revenue of $94K, expenses of $119K, and assets of $697K (revenue -37.2% year-over-year).
- 2018: Revenue of $150K, expenses of $117K, and assets of $721K (revenue +23.5% year-over-year).
- 2017: Revenue of $122K, expenses of $168K, and assets of $688K (revenue -12.8% year-over-year).
- 2016: Revenue of $139K, expenses of $192K, and assets of $735K (revenue -1.1% year-over-year).
- 2015: Revenue of $141K, expenses of $148K, and assets of $787K (revenue +4.3% year-over-year).
- 2014: Revenue of $135K, expenses of $184K, and assets of $794K (revenue -27.1% year-over-year).
- 2013: Revenue of $185K, expenses of $159K, and assets of $843K (revenue +13.2% year-over-year).
- 2012: Revenue of $164K, expenses of $167K, and assets of $817K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carthage Vol Fire Dept:
Data Sources and Methodology
This transparency report for Carthage Vol Fire Dept 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.