Cashiers Glenville Volunteer Fire Departments Inc
EIN: 561270324 · Cashiers, NC · NTEE: M24
Is Cashiers Glenville Volunteer Fire Departments Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cashiers Glenville Volunteer Fire Departments Inc
Cashiers Glenville Volunteer Fire Departments Inc (EIN: 561270324) is a nonprofit organization based in Cashiers, NC, classified under NTEE code M24. The organization reported total revenue of $2.4M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cashiers Glenville Volunteer Fire Departments Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cashiers Glenville Volunteer Fire Departments Inc is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$239K |
| Total Assets | $3.1M |
| Total Liabilities | $1.6M |
| Net Assets | $1.5M |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 52.1% |
| Months of Reserves | 21.6 months |
Financial Health Grade: A
In 2023, Cashiers Glenville Volunteer Fire Departments Inc reported a surplus of $239K with revenue exceeding expenses, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 52.1% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Cashiers Glenville Volunteer Fire Departments Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +221.6% | +167.9% | -22.6% |
| 2020 | -54.4% | -56.0% | +0.3% |
| 2019 | +8.8% | -1.3% | -7.8% |
| 2018 | +0.2% | +11.6% | -2.3% |
| 2017 | +4.3% | +3.3% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cashiers Glenville Volunteer Fire Departments 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 Cashiers Glenville Volunteer Fire Departments 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 $239K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.1%.
Frequently Asked Questions about Cashiers Glenville Volunteer Fire Departments Inc
Is Cashiers Glenville Volunteer Fire Departments Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cashiers Glenville Volunteer Fire Departments Inc (EIN: 561270324) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cashiers Glenville Volunteer Fire Departments Inc spend its money?
Detailed spending breakdown data is not yet available for Cashiers Glenville Volunteer Fire Departments Inc. Check back for updated IRS 990 analysis.
Are donations to Cashiers Glenville Volunteer Fire Departments Inc tax-deductible?
Cashiers Glenville Volunteer Fire Departments Inc is registered as a tax-exempt nonprofit (EIN: 561270324). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Cashiers Glenville Volunteer Fire Departments Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Cashiers Glenville Volunteer Fire Departments Inc's revenue has grown by 347.3%, moving from $435K to $1.9M. Total assets decreased by 26.7% over the same period, from $4.2M to $3.1M. Total functional expenses rose by 495%, from $287K to $1.7M. In its most recent filing year (2023), Cashiers Glenville Volunteer Fire Departments Inc reported a surplus of $239K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $3.1M in assets (debt-to-asset ratio: 52.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.7M | $3.1M | $1.6M | — | View 990 |
| 2020 | $605K | $637K | $4.0M | $1.5M | — | View 990 |
| 2019 | $1.3M | $1.4M | $4.0M | $1.4M | — | View 990 |
| 2018 | $1.2M | $1.5M | $4.3M | $1.6M | — | View 990 |
| 2017 | $1.2M | $1.3M | $4.4M | $1.5M | — | — |
| 2016 | $1.2M | $1.3M | $4.7M | $1.7M | — | View 990 |
| 2015 | $890K | $809K | $4.4M | $1.3M | — | View 990 |
| 2014 | $638K | $579K | $4.1M | $805K | — | View 990 |
| 2013 | $682K | $537K | $4.2M | $943K | — | View 990 |
| 2012 | $518K | $298K | $4.6M | $681K | — | View 990 |
| 2011 | $435K | $287K | $4.2M | $535K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.7M, and assets of $3.1M (revenue +221.6% year-over-year).
- 2020: Revenue of $605K, expenses of $637K, and assets of $4.0M (revenue -54.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $4.0M (revenue +8.8% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.5M, and assets of $4.3M (revenue +0.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $4.4M (revenue +4.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $4.7M (revenue +31.1% year-over-year).
- 2015: Revenue of $890K, expenses of $809K, and assets of $4.4M (revenue +39.5% year-over-year).
- 2014: Revenue of $638K, expenses of $579K, and assets of $4.1M (revenue -6.4% year-over-year).
- 2013: Revenue of $682K, expenses of $537K, and assets of $4.2M (revenue +31.6% year-over-year).
- 2012: Revenue of $518K, expenses of $298K, and assets of $4.6M (revenue +19.2% year-over-year).
- 2011: Revenue of $435K, expenses of $287K, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cashiers Glenville Volunteer Fire Departments Inc:
Data Sources and Methodology
This transparency report for Cashiers Glenville Volunteer Fire Departments 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.