Dysartsville Volunteer Fire Department Inc
Dysartsville Volunteer Fire Department Inc shows strong financial health with growing assets and zero liabilities in recent years.
EIN: 201107469 · Nebo, NC · NTEE: M24 · Updated: 2026-03-28
Is Dysartsville Volunteer Fire Department Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dysartsville Volunteer Fire Department Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dysartsville Volunteer Fire Department Inc
Dysartsville Volunteer Fire Department Inc (EIN: 201107469) is a nonprofit organization based in Nebo, NC, classified under NTEE code M24. The organization reported total revenue of $536K and total assets of $796K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dysartsville Volunteer Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dysartsville Volunteer Fire Department Inc is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $446K |
| Total Expenses | $348K |
| Surplus / Deficit | +$98K |
| Total Assets | $781K |
| Net Assets | $781K |
| Operating Margin | 22.0% |
| Months of Reserves | 26.9 months |
Financial Health Grade: A
In 2023, Dysartsville Volunteer Fire Department Inc reported a surplus of $98K with revenue exceeding expenses, holds 26.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Dysartsville Volunteer Fire Department Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.1% | +44.3% | +14.4% |
| 2022 | +53.1% | -3.9% | +50.5% |
| 2021 | +2.8% | +4.3% | -2.4% |
| 2020 | -5.8% | +7.4% | -4.0% |
| 2019 | +20.9% | +8.8% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dysartsville Volunteer Fire Department Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Dysartsville Volunteer Fire Department Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $98K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that no officers receive salaries, which is highly commendable for a volunteer organization of this size.
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.
Strengths
The following positive indicators were identified for Dysartsville Volunteer Fire Department Inc:
- Zero officer compensation across all periods, indicating high dedication to mission.
- Consistent operating surpluses, with revenue consistently exceeding expenses.
- Significant reduction and elimination of liabilities, reaching $0 in 2022 and 2023.
- Strong asset growth, from $425,258 in 2018 to $780,903 in 2023.
- Efficient use of funds, likely directing a high percentage to program services given the nature of the organization and lack of executive pay.
Frequently Asked Questions about Dysartsville Volunteer Fire Department Inc
Is Dysartsville Volunteer Fire Department Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dysartsville Volunteer Fire Department Inc (EIN: 201107469) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Dysartsville Volunteer Fire Department Inc spend its money?
Dysartsville Volunteer Fire Department Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dysartsville Volunteer Fire Department Inc tax-deductible?
Dysartsville Volunteer Fire Department Inc is registered as a tax-exempt nonprofit (EIN: 201107469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Dysartsville Volunteer Fire Department Inc a good charity?
Yes, based on the provided IRS 990 data, Dysartsville Volunteer Fire Department Inc appears to be a very good charity. It demonstrates strong financial health, efficient spending with no officer compensation, and a clear dedication to its mission, as evidenced by growing assets and zero liabilities in recent years.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved. Liabilities have decreased from $273,746 in 2018 to $0 in 2022 and 2023, while assets have nearly doubled from $425,258 in 2018 to $780,903 in 2023.
What is the trend in the organization's revenue and expenses?
Revenue has shown a general upward trend, from $280,410 in 2018 to $446,404 in 2023, with a peak of $502,066 in 2022. Expenses have also increased but at a slower rate, consistently remaining well below revenue, indicating healthy operating surpluses.
Filing History
IRS 990 filing history for Dysartsville Volunteer Fire Department Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Dysartsville Volunteer Fire Department Inc's revenue has grown by 59.2%, moving from $280K to $446K. Total assets increased by 83.6% over the same period, from $425K to $781K. Total functional expenses rose by 69%, from $206K to $348K. In its most recent filing year (2023), Dysartsville Volunteer Fire Department Inc reported a surplus of $98K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $446K | $348K | $781K | $0 | — | View 990 |
| 2022 | $502K | $241K | $683K | $0 | — | View 990 |
| 2021 | $328K | $251K | $454K | $32K | — | View 990 |
| 2020 | $319K | $241K | $465K | $120K | — | View 990 |
| 2019 | $339K | $224K | $484K | $218K | — | View 990 |
| 2018 | $280K | $206K | $425K | $274K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $446K, expenses of $348K, and assets of $781K (revenue -11.1% year-over-year).
- 2022: Revenue of $502K, expenses of $241K, and assets of $683K (revenue +53.1% year-over-year).
- 2021: Revenue of $328K, expenses of $251K, and assets of $454K (revenue +2.8% year-over-year).
- 2020: Revenue of $319K, expenses of $241K, and assets of $465K (revenue -5.8% year-over-year).
- 2019: Revenue of $339K, expenses of $224K, and assets of $484K (revenue +20.9% year-over-year).
- 2018: Revenue of $280K, expenses of $206K, and assets of $425K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dysartsville Volunteer Fire Department Inc:
Data Sources and Methodology
This transparency report for Dysartsville Volunteer Fire Department 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.