Crossroads Volunteer Fire Dept

Crossroads Volunteer Fire Dept shows growing assets and consistent volunteer leadership despite fluctuating revenues.

EIN: 200719024 · Leoma, TN · NTEE: M99 · Updated: 2026-03-28

$568KRevenue
$554KGross Revenue
$704KAssets
88/100Mission Score (Excellent)
M99
Crossroads Volunteer Fire Dept Financial Summary
MetricValue
Total Revenue$568K
Total Expenses$129K
Program Spending85%
CEO/Top Officer Pay$391,192.
Net Assets$215K
Transparency Score88/100

Is Crossroads Volunteer Fire Dept Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Crossroads Volunteer Fire Dept directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Crossroads Volunteer Fire Dept

Crossroads Volunteer Fire Dept (EIN: 200719024) is a nonprofit organization based in Leoma, TN, classified under NTEE code M99. The organization reported total revenue of $568K and total assets of $704K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crossroads Volunteer Fire Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

7Years Operating
SmallSize Classification
6Years of Filings
MixedRevenue Trajectory

Crossroads Volunteer Fire Dept is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of 28.8%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$204K
Total Expenses$129K
Surplus / Deficit+$75K
Total Assets$391K
Total Liabilities$176K
Net Assets$215K
Operating Margin36.7%
Debt-to-Asset Ratio45.0%
Months of Reserves36.3 months

Financial Health Grade: A

In 2024, Crossroads Volunteer Fire Dept reported a surplus of $75K with revenue exceeding expenses, holds 36.3 months of operating reserves (strong position), has a debt-to-asset ratio of 45.0% (moderate leverage).

Financial Trends

Over 6 years of filings (2019–2024), Crossroads Volunteer Fire Dept's revenue has grown at a compound annual growth rate (CAGR) of 28.8%.

YearRevenue ChangeExpense ChangeAsset Change
2024+172.7%+12.6%+18.4%
2023-8.2%+71.4%+44.9%
2022-17.0%-9.1%+1.7%
2021+241.5%-17.1%+7.2%
2020-50.0%-34.9%-24.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2019

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Crossroads Volunteer Fire Dept demonstrates a generally stable financial position, with assets growing from $277,225 in 2019 to $391,192 in 2024. Revenue has fluctuated significantly, peaking at $204,231 in 2024 after a low of $28,791 in 2020. The organization consistently reports 0% officer compensation, indicating a volunteer-driven leadership structure which is positive for donor confidence and resource allocation directly to mission. However, the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($114,848 expenses vs. $74,905 revenue) and 2020 ($88,923 expenses vs. $28,791 revenue), suggesting reliance on reserves or prior year surpluses during those times. The latest filing shows a healthy surplus of $74,937 (revenue $204,231 - expenses $129,294), which is a positive trend. Spending efficiency appears reasonable given the nature of a volunteer fire department, where operational costs for equipment, training, and facilities are paramount. Without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. However, the consistent reporting of 0% officer compensation suggests a lean administrative overhead at the executive level. The organization's transparency is good in terms of filing its IRS 990s consistently, providing public access to its financial statements. Overall, Crossroads Volunteer Fire Dept appears to be a financially sound organization, particularly with its recent positive revenue trends and consistent volunteer leadership. The fluctuations in revenue and occasional deficits highlight the challenges of managing a volunteer-based service, but the overall asset growth and lack of paid executive compensation are strong indicators of a well-managed and mission-focused entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Crossroads Volunteer Fire Dept with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Crossroads Volunteer Fire Dept allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$204KTotal Revenue
$129KTotal Expenses
$391KTotal Assets
$176KTotal Liabilities
$215KNet Assets
  • The organization reported a surplus of $75K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 45.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all six filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets reaching $391,192.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Crossroads Volunteer Fire Dept's IRS 990 filings:

  • Periods of expenses exceeding revenue (e.g., $114,848 expenses vs. $74,905 revenue in 2023), indicating reliance on reserves or prior surpluses.

Strengths

The following positive indicators were identified for Crossroads Volunteer Fire Dept:

  • Consistent 0% officer compensation, indicating strong volunteer commitment and efficient use of funds.
  • Consistent growth in assets, from $277,225 in 2019 to $391,192 in 2024, demonstrating financial health.
  • Positive net income in the latest filing ($204,231 revenue vs. $129,294 expenses), showing a healthy surplus.
  • Consistent filing of IRS 990s, indicating good transparency.

Frequently Asked Questions about Crossroads Volunteer Fire Dept

Is Crossroads Volunteer Fire Dept a legitimate charity?

Crossroads Volunteer Fire Dept (EIN: 200719024) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 88/100. It has 6 years of IRS 990 filings on record. Total revenue: $568K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Crossroads Volunteer Fire Dept spend its money?

Crossroads Volunteer Fire Dept directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Crossroads Volunteer Fire Dept tax-deductible?

Crossroads Volunteer Fire Dept is registered as a tax-exempt nonprofit (EIN: 200719024). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Crossroads Volunteer Fire Dept CEO make?

Crossroads Volunteer Fire Dept's highest-compensated officer earns $391,192. annually. The organization reported $568K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Crossroads Volunteer Fire Dept's spending goes to programs?

Crossroads Volunteer Fire Dept directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Crossroads Volunteer Fire Dept compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Crossroads Volunteer Fire Dept is above average for NTEE category M99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Crossroads Volunteer Fire Dept located?

Crossroads Volunteer Fire Dept is headquartered in Leoma, Tennessee and files with the IRS under EIN 200719024. It is classified under NTEE code M99.

How many years of IRS 990 filings does Crossroads Volunteer Fire Dept have?

Crossroads Volunteer Fire Dept has 6 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 $568K in total revenue.

Is Crossroads Volunteer Fire Dept financially stable?

Yes, despite some periods where expenses exceeded revenue, the organization has shown consistent asset growth from $277,225 in 2019 to $391,192 in 2024, and the latest filing shows a significant surplus of $74,937.

Does Crossroads Volunteer Fire Dept pay its officers?

No, all six IRS 990 filings indicate 0% officer compensation, meaning the organization's leadership is entirely volunteer-based.

How has the organization's revenue trended?

Revenue has fluctuated significantly, from a low of $28,791 in 2020 to a high of $204,231 in 2024, demonstrating variability in its funding sources.

Filing History

IRS 990 filing history for Crossroads Volunteer Fire Dept showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2019–2024), Crossroads Volunteer Fire Dept's revenue has grown by 254.5%, moving from $58K to $204K. Total assets increased by 41.1% over the same period, from $277K to $391K. Total functional expenses fell by 5.3%, from $136K to $129K. In its most recent filing year (2024), Crossroads Volunteer Fire Dept reported a surplus of $75K, with revenue exceeding expenses. The organization holds $176K in liabilities against $391K in assets (debt-to-asset ratio: 45.0%), resulting in net assets of $215K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $204K $129K $391K $176K
2023 $75K $115K $330K $190K View 990
2022 $82K $67K $228K $48K View 990
2021 $98K $74K $224K $59K View 990
2020 $29K $89K $209K $68K View 990
2019 $58K $136K $277K $76K View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $204K, expenses of $129K, and assets of $391K (revenue +172.7% year-over-year).
  • 2023: Revenue of $75K, expenses of $115K, and assets of $330K (revenue -8.2% year-over-year).
  • 2022: Revenue of $82K, expenses of $67K, and assets of $228K (revenue -17.0% year-over-year).
  • 2021: Revenue of $98K, expenses of $74K, and assets of $224K (revenue +241.5% year-over-year).
  • 2020: Revenue of $29K, expenses of $89K, and assets of $209K (revenue -50.0% year-over-year).
  • 2019: Revenue of $58K, expenses of $136K, and assets of $277K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Crossroads Volunteer Fire Dept:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing

Data Sources and Methodology

This transparency report for Crossroads 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.

Other Nonprofits in Tennessee

Explore more nonprofits based in Tennessee with AI-powered transparency reports.

View all Tennessee nonprofits →

Similar Organizations (NTEE M99)

Other nonprofits classified under NTEE code M99.

View all M99 nonprofits →

Explore Related Nonprofits

Browse by State