Ellenboro Volunteer Fire Department Inc
Ellenboro Volunteer Fire Department Inc shows strong revenue growth and zero liabilities, indicating robust financial health.
EIN: 134320092 · Ellenboro, NC · NTEE: M24 · Updated: 2026-03-28
Is Ellenboro 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 →
Ellenboro Volunteer Fire Department Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ellenboro Volunteer Fire Department Inc
Ellenboro Volunteer Fire Department Inc (EIN: 134320092) is a nonprofit organization based in Ellenboro, NC, classified under NTEE code M24. The organization reported total revenue of $790K and total assets of $482K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ellenboro Volunteer Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ellenboro Volunteer Fire Department Inc 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 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $669K |
| Total Expenses | $478K |
| Surplus / Deficit | +$191K |
| Total Assets | $333K |
| Net Assets | $333K |
| Operating Margin | 28.5% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, Ellenboro Volunteer Fire Department Inc reported a surplus of $191K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ellenboro Volunteer Fire Department Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.8% | -12.2% | +133.8% |
| 2022 | +6.3% | +4.7% | -30.4% |
| 2021 | -2.4% | +7.7% | -24.4% |
| 2020 | +35.5% | +66.2% | -6.3% |
| 2019 | +1.6% | -18.3% | +22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
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 Ellenboro Volunteer Fire Department Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Ellenboro Volunteer Fire Department Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $191K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is a positive sign for resource allocation directly to mission-related activities.
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 Ellenboro Volunteer Fire Department Inc:
- Consistent revenue growth, especially a significant jump from $482,086 in 2022 to $668,985 in 2023.
- Zero reported liabilities across all filing periods, indicating excellent financial stability.
- No officer compensation reported, suggesting resources are directly allocated to mission-related expenses.
- Significant increase in assets from $142,652 in 2022 to $333,499 in 2023, enhancing long-term capacity.
- Long history of IRS 990 filings (13 periods), demonstrating consistent transparency.
Frequently Asked Questions about Ellenboro Volunteer Fire Department Inc
Is Ellenboro Volunteer Fire Department Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellenboro Volunteer Fire Department Inc (EIN: 134320092) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Ellenboro Volunteer Fire Department Inc spend its money?
Ellenboro Volunteer Fire Department Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ellenboro Volunteer Fire Department Inc tax-deductible?
Ellenboro Volunteer Fire Department Inc is registered as a tax-exempt nonprofit (EIN: 134320092). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ellenboro Volunteer Fire Department Inc a good charity?
Based on the provided data, Ellenboro Volunteer Fire Department Inc appears to be a very good charity. They exhibit strong financial health with growing revenues and assets, consistently report zero liabilities, and do not pay officer compensation, suggesting efficient use of funds for their mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, particularly in recent years. Revenue has grown from $288,258 in 2014 to $668,985 in 2023, and assets have increased from $159,321 to $333,499 in the same period, demonstrating substantial growth and stability.
What is the organization's approach to executive compensation?
The Ellenboro Volunteer Fire Department Inc reports 0% officer compensation in all available filings, indicating a volunteer-driven leadership model or that compensation is not allocated to named officers, which is a strong positive for directing funds to operations.
Filing History
IRS 990 filing history for Ellenboro Volunteer Fire Department Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ellenboro Volunteer Fire Department Inc's revenue has grown by 125%, moving from $297K to $669K. Total assets increased by 186.7% over the same period, from $116K to $333K. Total functional expenses rose by 37.7%, from $347K to $478K. In its most recent filing year (2023), Ellenboro Volunteer Fire Department Inc reported a surplus of $191K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $669K | $478K | $333K | $0 | — | View 990 |
| 2022 | $482K | $544K | $143K | $0 | — | View 990 |
| 2021 | $454K | $520K | $205K | $0 | — | View 990 |
| 2020 | $464K | $483K | $271K | $0 | — | View 990 |
| 2019 | $343K | $290K | $289K | $0 | — | View 990 |
| 2018 | $337K | $355K | $237K | $0 | — | View 990 |
| 2017 | $339K | $304K | $255K | $0 | — | View 990 |
| 2016 | $303K | $284K | $220K | $0 | — | View 990 |
| 2015 | $306K | $265K | $201K | $0 | — | View 990 |
| 2014 | $288K | $287K | $159K | $0 | — | View 990 |
| 2013 | $271K | $214K | $178K | $0 | — | View 990 |
| 2012 | $341K | $361K | $102K | $0 | — | View 990 |
| 2011 | $297K | $347K | $116K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $669K, expenses of $478K, and assets of $333K (revenue +38.8% year-over-year).
- 2022: Revenue of $482K, expenses of $544K, and assets of $143K (revenue +6.3% year-over-year).
- 2021: Revenue of $454K, expenses of $520K, and assets of $205K (revenue -2.4% year-over-year).
- 2020: Revenue of $464K, expenses of $483K, and assets of $271K (revenue +35.5% year-over-year).
- 2019: Revenue of $343K, expenses of $290K, and assets of $289K (revenue +1.6% year-over-year).
- 2018: Revenue of $337K, expenses of $355K, and assets of $237K (revenue -0.4% year-over-year).
- 2017: Revenue of $339K, expenses of $304K, and assets of $255K (revenue +11.7% year-over-year).
- 2016: Revenue of $303K, expenses of $284K, and assets of $220K (revenue -0.8% year-over-year).
- 2015: Revenue of $306K, expenses of $265K, and assets of $201K (revenue +6.1% year-over-year).
- 2014: Revenue of $288K, expenses of $287K, and assets of $159K (revenue +6.5% year-over-year).
- 2013: Revenue of $271K, expenses of $214K, and assets of $178K (revenue -20.5% year-over-year).
- 2012: Revenue of $341K, expenses of $361K, and assets of $102K (revenue +14.6% year-over-year).
- 2011: Revenue of $297K, expenses of $347K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ellenboro Volunteer Fire Department Inc:
Data Sources and Methodology
This transparency report for Ellenboro 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.