Cowen Vol Fire Dept Inc
EIN: 556023700 · Cowen, WV · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $525K |
| Total Expenses | $67K |
| Net Assets | $562K |
Is Cowen Vol Fire Dept Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cowen Vol Fire Dept Inc
Cowen Vol Fire Dept Inc (EIN: 556023700) is a nonprofit organization based in Cowen, WV, classified under NTEE code M24. The organization reported total revenue of $525K and total assets of $648K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cowen Vol Fire Dept Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cowen Vol Fire Dept Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $67K |
| Surplus / Deficit | +$46K |
| Total Assets | $562K |
| Net Assets | $562K |
| Operating Margin | 40.7% |
| Months of Reserves | 101.4 months |
Financial Health Grade: A
In 2023, Cowen Vol Fire Dept Inc reported a surplus of $46K with revenue exceeding expenses, holds 101.4 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Cowen Vol Fire Dept Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.2% | +6.8% | +8.8% |
| 2022 | +6.2% | -7.5% | +4.1% |
| 2021 | -19.2% | -16.0% | +2.1% |
| 2019 | -100.0% | -100.0% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cowen Vol Fire Dept 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 Cowen Vol Fire Dept 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 $46K, with revenue exceeding expenses.
Frequently Asked Questions about Cowen Vol Fire Dept Inc
Is Cowen Vol Fire Dept Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cowen Vol Fire Dept Inc (EIN: 556023700) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cowen Vol Fire Dept Inc spend its money?
Detailed spending breakdown data is not yet available for Cowen Vol Fire Dept Inc. Check back for updated IRS 990 analysis.
Are donations to Cowen Vol Fire Dept Inc tax-deductible?
Cowen Vol Fire Dept Inc is registered as a tax-exempt nonprofit (EIN: 556023700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cowen Vol Fire Dept Inc located?
Cowen Vol Fire Dept Inc is headquartered in Cowen, West Virginia and files with the IRS under EIN 556023700. It is classified under NTEE code M24.
How many years of IRS 990 filings does Cowen Vol Fire Dept Inc have?
Cowen Vol Fire Dept Inc has 11 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 $525K in total revenue.
Filing History
IRS 990 filing history for Cowen Vol Fire Dept Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Cowen Vol Fire Dept Inc's revenue has declined by 13.3%, moving from $129K to $112K. Total assets decreased by 36.4% over the same period, from $883K to $562K. Total functional expenses fell by 37.3%, from $106K to $67K. In its most recent filing year (2023), Cowen Vol Fire Dept Inc reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $67K | $562K | $0 | — | — |
| 2022 | $82K | $62K | $516K | $0 | — | — |
| 2021 | $78K | $67K | $496K | $0 | — | — |
| 2020 | $96K | $80K | $486K | $0 | — | — |
| 2019 | $0 | $0 | $0 | $0 | — | View 990 |
| 2018 | $74K | $69K | $498K | $43K | — | View 990 |
| 2017 | $88K | $122K | $527K | $77K | — | View 990 |
| 2016 | $86K | $90K | $664K | $103K | — | View 990 |
| 2015 | $99K | $102K | $742K | $129K | — | View 990 |
| 2014 | $103K | $112K | $771K | $154K | — | View 990 |
| 2013 | $129K | $106K | $883K | $173K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $67K, and assets of $562K (revenue +36.2% year-over-year).
- 2022: Revenue of $82K, expenses of $62K, and assets of $516K (revenue +6.2% year-over-year).
- 2021: Revenue of $78K, expenses of $67K, and assets of $496K (revenue -19.2% year-over-year).
- 2020: Revenue of $96K, expenses of $80K, and assets of $486K.
- 2019: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2018: Revenue of $74K, expenses of $69K, and assets of $498K (revenue -15.9% year-over-year).
- 2017: Revenue of $88K, expenses of $122K, and assets of $527K (revenue +2.0% year-over-year).
- 2016: Revenue of $86K, expenses of $90K, and assets of $664K (revenue -12.8% year-over-year).
- 2015: Revenue of $99K, expenses of $102K, and assets of $742K (revenue -3.7% year-over-year).
- 2014: Revenue of $103K, expenses of $112K, and assets of $771K (revenue -20.8% year-over-year).
- 2013: Revenue of $129K, expenses of $106K, and assets of $883K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cowen Vol Fire Dept Inc:
Data Sources and Methodology
This transparency report for Cowen Vol Fire Dept 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.