Durants Neck Volunteer Fire Department
EIN: 561285995 · Hertford, NC · NTEE: M20
| Metric | Value |
|---|---|
| Total Revenue | $478K |
| Total Expenses | $102K |
| Net Assets | $764K |
Is Durants Neck Volunteer Fire Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Durants Neck Volunteer Fire Department
Durants Neck Volunteer Fire Department (EIN: 561285995) is a nonprofit organization based in Hertford, NC, classified under NTEE code M20. The organization reported total revenue of $478K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Durants Neck Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Durants Neck Volunteer Fire Department is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $102K |
| Surplus / Deficit | +$107K |
| Total Assets | $1.1M |
| Total Liabilities | $295K |
| Net Assets | $764K |
| Operating Margin | 51.2% |
| Debt-to-Asset Ratio | 27.9% |
| Months of Reserves | 124.8 months |
Financial Health Grade: A
In 2023, Durants Neck Volunteer Fire Department reported a surplus of $107K with revenue exceeding expenses, holds 124.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Durants Neck Volunteer Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.3% | +27.3% | +53.5% |
| 2022 | +55.6% | -15.4% | +36.8% |
| 2021 | -17.2% | +42.2% | +12.2% |
| 2020 | +37.7% | -5.8% | +34.0% |
| 2019 | -8.5% | +5.3% | +22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1600 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Durants Neck Volunteer Fire Department 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 Durants Neck Volunteer Fire Department 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 $107K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.9%.
Frequently Asked Questions about Durants Neck Volunteer Fire Department
Is Durants Neck Volunteer Fire Department a legitimate charity?
Based on AI analysis of IRS 990 filings, Durants Neck Volunteer Fire Department (EIN: 561285995) insufficient data. 0 red flags identified, 0 strengths noted.
How does Durants Neck Volunteer Fire Department spend its money?
Detailed spending breakdown data is not yet available for Durants Neck Volunteer Fire Department. Check back for updated IRS 990 analysis.
Are donations to Durants Neck Volunteer Fire Department tax-deductible?
Durants Neck Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 561285995). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Durants Neck Volunteer Fire Department located?
Durants Neck Volunteer Fire Department is headquartered in Hertford, North Carolina and files with the IRS under EIN 561285995. It is classified under NTEE code M20.
How many years of IRS 990 filings does Durants Neck Volunteer Fire Department have?
Durants Neck Volunteer Fire Department 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 $478K in total revenue.
Filing History
IRS 990 filing history for Durants Neck Volunteer Fire Department showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Durants Neck Volunteer Fire Department's revenue has grown by 76.3%, moving from $118K to $209K. Total assets increased by 599.4% over the same period, from $151K to $1.1M. Total functional expenses fell by 21.6%, from $130K to $102K. In its most recent filing year (2023), Durants Neck Volunteer Fire Department reported a surplus of $107K, with revenue exceeding expenses. The organization holds $295K in liabilities against $1.1M in assets (debt-to-asset ratio: 27.9%), resulting in net assets of $764K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $102K | $1.1M | $295K | — | — |
| 2022 | $233K | $80K | $690K | $33K | — | — |
| 2021 | $150K | $95K | $504K | $0 | — | View 990 |
| 2020 | $181K | $67K | $449K | $0 | — | — |
| 2019 | $131K | $71K | $335K | $0 | — | View 990 |
| 2018 | $143K | $67K | $275K | $0 | — | View 990 |
| 2017 | $115K | $60K | $198K | $0 | — | View 990 |
| 2016 | $109K | $61K | $143K | $0 | — | View 990 |
| 2015 | $101K | $55K | $114K | $19K | — | View 990 |
| 2014 | $90K | $48K | $96K | $48K | — | View 990 |
| 2013 | $90K | $92K | $80K | $73K | — | View 990 |
| 2012 | $84K | $93K | $110K | $102K | — | View 990 |
| 2011 | $118K | $130K | $151K | $133K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $102K, and assets of $1.1M (revenue -10.3% year-over-year).
- 2022: Revenue of $233K, expenses of $80K, and assets of $690K (revenue +55.6% year-over-year).
- 2021: Revenue of $150K, expenses of $95K, and assets of $504K (revenue -17.2% year-over-year).
- 2020: Revenue of $181K, expenses of $67K, and assets of $449K (revenue +37.7% year-over-year).
- 2019: Revenue of $131K, expenses of $71K, and assets of $335K (revenue -8.5% year-over-year).
- 2018: Revenue of $143K, expenses of $67K, and assets of $275K (revenue +24.2% year-over-year).
- 2017: Revenue of $115K, expenses of $60K, and assets of $198K (revenue +5.7% year-over-year).
- 2016: Revenue of $109K, expenses of $61K, and assets of $143K (revenue +7.8% year-over-year).
- 2015: Revenue of $101K, expenses of $55K, and assets of $114K (revenue +12.5% year-over-year).
- 2014: Revenue of $90K, expenses of $48K, and assets of $96K (revenue -0.4% year-over-year).
- 2013: Revenue of $90K, expenses of $92K, and assets of $80K (revenue +8.2% year-over-year).
- 2012: Revenue of $84K, expenses of $93K, and assets of $110K (revenue -29.4% year-over-year).
- 2011: Revenue of $118K, expenses of $130K, and assets of $151K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Durants Neck Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Durants Neck Volunteer Fire Department 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.