Eden Rescue Squad Inc
EIN: 561395112 · Eden, NC · NTEE: E62Z
Is Eden Rescue Squad Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eden Rescue Squad Inc
Eden Rescue Squad Inc (EIN: 561395112) is a nonprofit organization based in Eden, NC, classified under NTEE code E62Z. The organization reported total revenue of $391K and total assets of $510K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eden Rescue Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eden Rescue Squad Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $391K |
| Total Expenses | $354K |
| Surplus / Deficit | +$37K |
| Total Assets | $510K |
| Total Liabilities | $146K |
| Net Assets | $364K |
| Operating Margin | 9.4% |
| Debt-to-Asset Ratio | 28.6% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, Eden Rescue Squad Inc reported a surplus of $37K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 28.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eden Rescue Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.2% | +31.8% | +3.7% |
| 2022 | -5.8% | -18.5% | +6.1% |
| 2021 | +40.5% | -0.8% | -2.6% |
| 2020 | +58.9% | +175.4% | -76.5% |
| 2019 | -65.9% | -9.8% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eden Rescue Squad 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 Eden Rescue Squad 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.6%.
Frequently Asked Questions about Eden Rescue Squad Inc
Is Eden Rescue Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eden Rescue Squad Inc (EIN: 561395112) insufficient data. 0 red flags identified, 0 strengths noted.
How does Eden Rescue Squad Inc spend its money?
Detailed spending breakdown data is not yet available for Eden Rescue Squad Inc. Check back for updated IRS 990 analysis.
Are donations to Eden Rescue Squad Inc tax-deductible?
Eden Rescue Squad Inc is registered as a tax-exempt nonprofit (EIN: 561395112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Eden Rescue Squad Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eden Rescue Squad Inc's revenue has grown by 264%, moving from $107K to $391K. Total assets increased by 43.8% over the same period, from $355K to $510K. Total functional expenses rose by 345.5%, from $80K to $354K. In its most recent filing year (2023), Eden Rescue Squad Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $146K in liabilities against $510K in assets (debt-to-asset ratio: 28.6%), resulting in net assets of $364K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $391K | $354K | $510K | $146K | — | — |
| 2022 | $315K | $269K | $492K | $164K | — | View 990 |
| 2021 | $334K | $330K | $464K | $182K | — | — |
| 2020 | $238K | $333K | $477K | $199K | — | — |
| 2019 | $150K | $121K | $2.0M | $210K | — | View 990 |
| 2018 | $439K | $134K | $1.9M | $150K | — | View 990 |
| 2017 | $140K | $126K | $1.6M | $123K | — | View 990 |
| 2016 | $152K | $108K | $1.6M | $137K | — | View 990 |
| 2015 | $110K | $108K | $1.6M | $150K | — | View 990 |
| 2014 | $220K | $158K | $1.4M | $0 | — | View 990 |
| 2013 | $141K | $126K | $440K | $0 | — | View 990 |
| 2012 | $148K | $78K | $425K | $0 | — | View 990 |
| 2011 | $107K | $80K | $355K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $391K, expenses of $354K, and assets of $510K (revenue +24.2% year-over-year).
- 2022: Revenue of $315K, expenses of $269K, and assets of $492K (revenue -5.8% year-over-year).
- 2021: Revenue of $334K, expenses of $330K, and assets of $464K (revenue +40.5% year-over-year).
- 2020: Revenue of $238K, expenses of $333K, and assets of $477K (revenue +58.9% year-over-year).
- 2019: Revenue of $150K, expenses of $121K, and assets of $2.0M (revenue -65.9% year-over-year).
- 2018: Revenue of $439K, expenses of $134K, and assets of $1.9M (revenue +214.3% year-over-year).
- 2017: Revenue of $140K, expenses of $126K, and assets of $1.6M (revenue -8.1% year-over-year).
- 2016: Revenue of $152K, expenses of $108K, and assets of $1.6M (revenue +38.3% year-over-year).
- 2015: Revenue of $110K, expenses of $108K, and assets of $1.6M (revenue -50.1% year-over-year).
- 2014: Revenue of $220K, expenses of $158K, and assets of $1.4M (revenue +56.5% year-over-year).
- 2013: Revenue of $141K, expenses of $126K, and assets of $440K (revenue -5.2% year-over-year).
- 2012: Revenue of $148K, expenses of $78K, and assets of $425K (revenue +38.2% year-over-year).
- 2011: Revenue of $107K, expenses of $80K, and assets of $355K.
Data Sources and Methodology
This transparency report for Eden Rescue Squad 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.