Cheriton Volunteer Fir Co Inc
EIN: 541916775 · Cheriton, VA · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $189K |
| Net Assets | $504K |
Is Cheriton Volunteer Fir Co Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cheriton Volunteer Fir Co Inc
Cheriton Volunteer Fir Co Inc (EIN: 541916775) is a nonprofit organization based in Cheriton, VA, classified under NTEE code M24. The organization reported total revenue of $308K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cheriton Volunteer Fir Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cheriton Volunteer Fir Co Inc is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $236K |
| Total Expenses | $189K |
| Surplus / Deficit | +$47K |
| Total Assets | $946K |
| Total Liabilities | $442K |
| Net Assets | $504K |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 46.8% |
| Months of Reserves | 60.1 months |
Financial Health Grade: A
In 2023, Cheriton Volunteer Fir Co Inc reported a surplus of $47K with revenue exceeding expenses, holds 60.1 months of operating reserves (strong position), has a debt-to-asset ratio of 46.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Cheriton Volunteer Fir Co Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.1% | +8.6% | +2.3% |
| 2022 | +2.3% | +21.6% | -4.0% |
| 2021 | +37.5% | -3.4% | -3.5% |
| 2020 | -48.1% | -3.8% | -9.1% |
| 2019 | +64.3% | +19.9% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cheriton Volunteer Fir Co 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 Cheriton Volunteer Fir Co 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 $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.8%.
Frequently Asked Questions about Cheriton Volunteer Fir Co Inc
Is Cheriton Volunteer Fir Co Inc a legitimate charity?
Cheriton Volunteer Fir Co Inc (EIN: 541916775) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $308K. No red flags identified. Financial health grade: A.
How does Cheriton Volunteer Fir Co Inc spend its money?
Cheriton Volunteer Fir Co Inc reported $308K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cheriton Volunteer Fir Co Inc tax-deductible?
Cheriton Volunteer Fir Co Inc is registered as a tax-exempt nonprofit (EIN: 541916775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cheriton Volunteer Fir Co Inc located?
Cheriton Volunteer Fir Co Inc is headquartered in Cheriton, Virginia and files with the IRS under EIN 541916775. It is classified under NTEE code M24.
How many years of IRS 990 filings does Cheriton Volunteer Fir Co Inc have?
Cheriton Volunteer Fir Co Inc 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 $308K in total revenue.
Filing History
IRS 990 filing history for Cheriton Volunteer Fir Co Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Cheriton Volunteer Fir Co Inc's revenue has grown by 100%, moving from $118K to $236K. Total assets decreased by 17.8% over the same period, from $1.2M to $946K. Total functional expenses rose by 24.6%, from $152K to $189K. In its most recent filing year (2023), Cheriton Volunteer Fir Co Inc reported a surplus of $47K, with revenue exceeding expenses. The organization holds $442K in liabilities against $946K in assets (debt-to-asset ratio: 46.8%), resulting in net assets of $504K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $236K | $189K | $946K | $442K | — | View 990 |
| 2022 | $136K | $174K | $925K | $468K | — | View 990 |
| 2021 | $133K | $143K | $963K | $467K | — | View 990 |
| 2020 | $96K | $148K | $998K | $492K | — | — |
| 2019 | $186K | $154K | $1.1M | $541K | — | View 990 |
| 2018 | $113K | $128K | $1.0M | $507K | — | View 990 |
| 2017 | $152K | $135K | $1.1M | $532K | — | View 990 |
| 2016 | $121K | $123K | $1.1M | $559K | — | View 990 |
| 2015 | $153K | $127K | $1.1M | $586K | — | View 990 |
| 2014 | $148K | $144K | $1.1M | $572K | — | View 990 |
| 2013 | $132K | $123K | $1.2M | $657K | — | View 990 |
| 2012 | $437K | $145K | $1.2M | $665K | — | View 990 |
| 2011 | $65K | $120K | $1.1M | $665K | — | View 990 |
| 2010 | $118K | $152K | $1.2M | $665K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $236K, expenses of $189K, and assets of $946K (revenue +74.1% year-over-year).
- 2022: Revenue of $136K, expenses of $174K, and assets of $925K (revenue +2.3% year-over-year).
- 2021: Revenue of $133K, expenses of $143K, and assets of $963K (revenue +37.5% year-over-year).
- 2020: Revenue of $96K, expenses of $148K, and assets of $998K (revenue -48.1% year-over-year).
- 2019: Revenue of $186K, expenses of $154K, and assets of $1.1M (revenue +64.3% year-over-year).
- 2018: Revenue of $113K, expenses of $128K, and assets of $1.0M (revenue -25.5% year-over-year).
- 2017: Revenue of $152K, expenses of $135K, and assets of $1.1M (revenue +25.9% year-over-year).
- 2016: Revenue of $121K, expenses of $123K, and assets of $1.1M (revenue -21.1% year-over-year).
- 2015: Revenue of $153K, expenses of $127K, and assets of $1.1M (revenue +3.1% year-over-year).
- 2014: Revenue of $148K, expenses of $144K, and assets of $1.1M (revenue +12.6% year-over-year).
- 2013: Revenue of $132K, expenses of $123K, and assets of $1.2M (revenue -69.8% year-over-year).
- 2012: Revenue of $437K, expenses of $145K, and assets of $1.2M (revenue +571.4% year-over-year).
- 2011: Revenue of $65K, expenses of $120K, and assets of $1.1M (revenue -44.9% year-over-year).
- 2010: Revenue of $118K, expenses of $152K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cheriton Volunteer Fir Co Inc:
Data Sources and Methodology
This transparency report for Cheriton Volunteer Fir Co 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.