Cooks Community Volunteer Fire Dept
EIN: 566060738 · Charlotte, NC
| Metric | Value |
|---|---|
| Total Revenue | $756K |
| Total Expenses | $507K |
| Net Assets | $713K |
Is Cooks Community Volunteer 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 Cooks Community Volunteer Fire Dept
Cooks Community Volunteer Fire Dept (EIN: 566060738) is a nonprofit organization based in Charlotte, NC. The organization reported total revenue of $756K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cooks Community Volunteer Fire Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cooks Community Volunteer Fire Dept is a small nonprofit that has been operating for 72 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $756K |
| Total Expenses | $507K |
| Surplus / Deficit | +$249K |
| Total Assets | $1.0M |
| Total Liabilities | $298K |
| Net Assets | $713K |
| Operating Margin | 33.0% |
| Debt-to-Asset Ratio | 29.5% |
| Months of Reserves | 24.0 months |
Financial Health Grade: A
In 2019, Cooks Community Volunteer Fire Dept reported a surplus of $249K with revenue exceeding expenses, holds 24.0 months of operating reserves (strong position), has a debt-to-asset ratio of 29.5% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2019), Cooks Community Volunteer Fire Dept's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +30.5% | +3.5% | +70.5% |
| 2018 | +209.5% | +25.5% | +12.9% |
| 2017 | -51.6% | +20.6% | -32.1% |
| 2016 | +33.5% | +21.4% | +40.1% |
| 2015 | -4.2% | +16.8% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1954 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cooks Community Volunteer 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 Cooks Community Volunteer 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $249K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.5%.
Frequently Asked Questions about Cooks Community Volunteer Fire Dept
Is Cooks Community Volunteer Fire Dept a legitimate charity?
Cooks Community Volunteer Fire Dept (EIN: 566060738) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $756K. No red flags identified. Financial health grade: A.
How does Cooks Community Volunteer Fire Dept spend its money?
Cooks Community Volunteer Fire Dept reported $756K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cooks Community Volunteer Fire Dept tax-deductible?
Cooks Community Volunteer Fire Dept is registered as a tax-exempt nonprofit (EIN: 566060738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cooks Community Volunteer Fire Dept located?
Cooks Community Volunteer Fire Dept is headquartered in Charlotte, North Carolina and files with the IRS under EIN 566060738.
How many years of IRS 990 filings does Cooks Community Volunteer Fire Dept have?
Cooks Community Volunteer Fire Dept has 9 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 $756K in total revenue.
Filing History
IRS 990 filing history for Cooks Community Volunteer Fire Dept showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Cooks Community Volunteer Fire Dept's revenue has grown by 232.1%, moving from $228K to $756K. Total assets increased by 181% over the same period, from $360K to $1.0M. Total functional expenses rose by 166.8%, from $190K to $507K. In its most recent filing year (2019), Cooks Community Volunteer Fire Dept reported a surplus of $249K, with revenue exceeding expenses. The organization holds $298K in liabilities against $1.0M in assets (debt-to-asset ratio: 29.5%), resulting in net assets of $713K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $756K | $507K | $1.0M | $298K | — | — |
| 2018 | $580K | $489K | $594K | $121K | — | View 990 |
| 2017 | $187K | $390K | $526K | $143K | — | — |
| 2016 | $387K | $323K | $774K | $167K | — | View 990 |
| 2015 | $290K | $266K | $553K | $3K | — | View 990 |
| 2014 | $302K | $228K | $539K | $3K | — | View 990 |
| 2013 | $284K | $252K | $459K | $3K | — | View 990 |
| 2012 | $237K | $176K | $423K | $10K | — | View 990 |
| 2011 | $228K | $190K | $360K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $756K, expenses of $507K, and assets of $1.0M (revenue +30.5% year-over-year).
- 2018: Revenue of $580K, expenses of $489K, and assets of $594K (revenue +209.5% year-over-year).
- 2017: Revenue of $187K, expenses of $390K, and assets of $526K (revenue -51.6% year-over-year).
- 2016: Revenue of $387K, expenses of $323K, and assets of $774K (revenue +33.5% year-over-year).
- 2015: Revenue of $290K, expenses of $266K, and assets of $553K (revenue -4.2% year-over-year).
- 2014: Revenue of $302K, expenses of $228K, and assets of $539K (revenue +6.3% year-over-year).
- 2013: Revenue of $284K, expenses of $252K, and assets of $459K (revenue +20.2% year-over-year).
- 2012: Revenue of $237K, expenses of $176K, and assets of $423K (revenue +3.9% year-over-year).
- 2011: Revenue of $228K, expenses of $190K, and assets of $360K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cooks Community Volunteer Fire Dept:
Data Sources and Methodology
This transparency report for Cooks Community Volunteer 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.