Charlotte County Rescue Squad Inc
EIN: 237222119 · Keysville, VA · NTEE: M230
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.4M |
| Net Assets | $243K |
Is Charlotte County Rescue Squad Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charlotte County Rescue Squad Inc
Charlotte County Rescue Squad Inc (EIN: 237222119) is a nonprofit organization based in Keysville, VA, classified under NTEE code M230. The organization reported total revenue of $2.1M and total assets of $632K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlotte County Rescue Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlotte County Rescue Squad Inc is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$21K |
| Total Assets | $321K |
| Total Liabilities | $79K |
| Net Assets | $243K |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 24.5% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Charlotte County Rescue Squad Inc reported a surplus of $21K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 24.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Charlotte County Rescue Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.8% | +18.3% | +0.4% |
| 2022 | -1.5% | +5.6% | -40.1% |
| 2021 | +44.9% | +4.6% | -12.6% |
| 2020 | -1.0% | +4.3% | -24.4% |
| 2019 | -14.3% | +0.8% | -25.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charlotte County Rescue Squad 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 Charlotte County Rescue Squad 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.5%.
Frequently Asked Questions about Charlotte County Rescue Squad Inc
Is Charlotte County Rescue Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Charlotte County Rescue Squad Inc (EIN: 237222119) insufficient data. 0 red flags identified, 0 strengths noted.
How does Charlotte County Rescue Squad Inc spend its money?
Detailed spending breakdown data is not yet available for Charlotte County Rescue Squad Inc. Check back for updated IRS 990 analysis.
Are donations to Charlotte County Rescue Squad Inc tax-deductible?
Charlotte County Rescue Squad Inc is registered as a tax-exempt nonprofit (EIN: 237222119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charlotte County Rescue Squad Inc located?
Charlotte County Rescue Squad Inc is headquartered in Keysville, Virginia and files with the IRS under EIN 237222119. It is classified under NTEE code M230.
How many years of IRS 990 filings does Charlotte County Rescue Squad Inc have?
Charlotte County Rescue Squad Inc has 13 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Charlotte County Rescue Squad Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Charlotte County Rescue Squad Inc's revenue has grown by 648.9%, moving from $195K to $1.5M. Total assets decreased by 58.1% over the same period, from $766K to $321K. Total functional expenses rose by 378.8%, from $301K to $1.4M. In its most recent filing year (2023), Charlotte County Rescue Squad Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $79K in liabilities against $321K in assets (debt-to-asset ratio: 24.5%), resulting in net assets of $243K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $321K | $79K | — | View 990 |
| 2022 | $1.2M | $1.2M | $320K | $99K | — | — |
| 2021 | $1.2M | $1.2M | $534K | $221K | — | View 990 |
| 2020 | $808K | $1.1M | $611K | $315K | — | View 990 |
| 2019 | $816K | $1.1M | $808K | $217K | — | View 990 |
| 2018 | $952K | $1.0M | $1.1M | $249K | — | View 990 |
| 2017 | $789K | $880K | $939K | $9K | — | View 990 |
| 2016 | $772K | $727K | $1.0M | $4K | — | View 990 |
| 2015 | $790K | $763K | $953K | $2K | — | View 990 |
| 2014 | $621K | $733K | $924K | $0 | — | View 990 |
| 2013 | $601K | $661K | $1.0M | $9K | — | View 990 |
| 2012 | $799K | $466K | $1.1M | $5K | — | View 990 |
| 2011 | $195K | $301K | $766K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $321K (revenue +26.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $320K (revenue -1.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $534K (revenue +44.9% year-over-year).
- 2020: Revenue of $808K, expenses of $1.1M, and assets of $611K (revenue -1.0% year-over-year).
- 2019: Revenue of $816K, expenses of $1.1M, and assets of $808K (revenue -14.3% year-over-year).
- 2018: Revenue of $952K, expenses of $1.0M, and assets of $1.1M (revenue +20.7% year-over-year).
- 2017: Revenue of $789K, expenses of $880K, and assets of $939K (revenue +2.1% year-over-year).
- 2016: Revenue of $772K, expenses of $727K, and assets of $1.0M (revenue -2.2% year-over-year).
- 2015: Revenue of $790K, expenses of $763K, and assets of $953K (revenue +27.3% year-over-year).
- 2014: Revenue of $621K, expenses of $733K, and assets of $924K (revenue +3.2% year-over-year).
- 2013: Revenue of $601K, expenses of $661K, and assets of $1.0M (revenue -24.7% year-over-year).
- 2012: Revenue of $799K, expenses of $466K, and assets of $1.1M (revenue +309.2% year-over-year).
- 2011: Revenue of $195K, expenses of $301K, and assets of $766K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlotte County Rescue Squad Inc:
Data Sources and Methodology
This transparency report for Charlotte County Rescue Squad 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.