Economy Volunteer Firemens Association
EIN: 251056157 · Baden, PA
| Metric | Value |
|---|---|
| Total Revenue | $757K |
| Total Expenses | $266K |
| Net Assets | $176K |
Is Economy Volunteer Firemens Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Economy Volunteer Firemens Association
Economy Volunteer Firemens Association (EIN: 251056157) is a nonprofit organization based in Baden, PA. The organization reported total revenue of $757K and total assets of $985K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Economy Volunteer Firemens Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Economy Volunteer Firemens Association is a small nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $266K |
| Surplus / Deficit | +$276K |
| Total Assets | $804K |
| Total Liabilities | $628K |
| Net Assets | $176K |
| Operating Margin | 50.9% |
| Debt-to-Asset Ratio | 78.1% |
| Months of Reserves | 36.3 months |
Financial Health Grade: A
In 2023, Economy Volunteer Firemens Association reported a surplus of $276K with revenue exceeding expenses, holds 36.3 months of operating reserves (strong position), has a debt-to-asset ratio of 78.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Economy Volunteer Firemens Association's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | -44.9% | -14.5% |
| 2022 | +12.8% | +37.9% | -2.6% |
| 2021 | +8.0% | -11.7% | +4.8% |
| 2020 | +12.1% | -11.7% | -8.3% |
| 2019 | -26.8% | -12.0% | -11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Economy Volunteer Firemens Association 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 Economy Volunteer Firemens Association 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 $276K, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.1%.
Frequently Asked Questions about Economy Volunteer Firemens Association
Is Economy Volunteer Firemens Association a legitimate charity?
Economy Volunteer Firemens Association (EIN: 251056157) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $757K. No red flags identified. Financial health grade: A.
How does Economy Volunteer Firemens Association spend its money?
Economy Volunteer Firemens Association reported $757K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Economy Volunteer Firemens Association tax-deductible?
Economy Volunteer Firemens Association is registered as a tax-exempt nonprofit (EIN: 251056157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Economy Volunteer Firemens Association located?
Economy Volunteer Firemens Association is headquartered in Baden, Pennsylvania and files with the IRS under EIN 251056157.
How many years of IRS 990 filings does Economy Volunteer Firemens Association have?
Economy Volunteer Firemens Association 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 $757K in total revenue.
Filing History
IRS 990 filing history for Economy Volunteer Firemens Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Economy Volunteer Firemens Association's revenue has grown by 159.8%, moving from $209K to $542K. Total assets decreased by 53.3% over the same period, from $1.7M to $804K. Total functional expenses fell by 8.9%, from $292K to $266K. In its most recent filing year (2023), Economy Volunteer Firemens Association reported a surplus of $276K, with revenue exceeding expenses. The organization holds $628K in liabilities against $804K in assets (debt-to-asset ratio: 78.1%), resulting in net assets of $176K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $266K | $804K | $628K | — | — |
| 2022 | $502K | $482K | $941K | $777K | — | View 990 |
| 2021 | $445K | $350K | $966K | $681K | — | View 990 |
| 2020 | $412K | $396K | $922K | $697K | — | View 990 |
| 2019 | $368K | $448K | $1.0M | $799K | — | View 990 |
| 2018 | $502K | $509K | $1.1M | $649K | — | View 990 |
| 2017 | $396K | $612K | $1.3M | $900K | — | View 990 |
| 2016 | $407K | $496K | $1.1M | $971K | — | View 990 |
| 2015 | $292K | $224K | $797K | $198K | — | View 990 |
| 2014 | $246K | $211K | $941K | $207K | — | View 990 |
| 2013 | $211K | $209K | $968K | $215K | — | View 990 |
| 2012 | $199K | $215K | $1.1M | $259K | — | View 990 |
| 2011 | $209K | $292K | $1.7M | $274K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $266K, and assets of $804K (revenue +7.9% year-over-year).
- 2022: Revenue of $502K, expenses of $482K, and assets of $941K (revenue +12.8% year-over-year).
- 2021: Revenue of $445K, expenses of $350K, and assets of $966K (revenue +8.0% year-over-year).
- 2020: Revenue of $412K, expenses of $396K, and assets of $922K (revenue +12.1% year-over-year).
- 2019: Revenue of $368K, expenses of $448K, and assets of $1.0M (revenue -26.8% year-over-year).
- 2018: Revenue of $502K, expenses of $509K, and assets of $1.1M (revenue +26.7% year-over-year).
- 2017: Revenue of $396K, expenses of $612K, and assets of $1.3M (revenue -2.6% year-over-year).
- 2016: Revenue of $407K, expenses of $496K, and assets of $1.1M (revenue +39.5% year-over-year).
- 2015: Revenue of $292K, expenses of $224K, and assets of $797K (revenue +18.6% year-over-year).
- 2014: Revenue of $246K, expenses of $211K, and assets of $941K (revenue +16.6% year-over-year).
- 2013: Revenue of $211K, expenses of $209K, and assets of $968K (revenue +6.0% year-over-year).
- 2012: Revenue of $199K, expenses of $215K, and assets of $1.1M (revenue -4.6% year-over-year).
- 2011: Revenue of $209K, expenses of $292K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Economy Volunteer Firemens Association:
Data Sources and Methodology
This transparency report for Economy Volunteer Firemens Association 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.