Ellendale Volunteer Fire Department
EIN: 561371440 · Taylorsville, NC · NTEE: M24
Is Ellendale 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 Ellendale Volunteer Fire Department
Ellendale Volunteer Fire Department (EIN: 561371440) is a nonprofit organization based in Taylorsville, NC, classified under NTEE code M24. The organization reported total revenue of $305K and total assets of $810K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ellendale Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ellendale Volunteer Fire Department is a small nonprofit that has been operating for 3 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $429K |
| Surplus / Deficit | +$36K |
| Total Assets | $911K |
| Total Liabilities | $249K |
| Net Assets | $662K |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 27.4% |
| Months of Reserves | 25.5 months |
Financial Health Grade: A
In 2024, Ellendale Volunteer Fire Department reported a surplus of $36K with revenue exceeding expenses, holds 25.5 months of operating reserves (strong position), has a debt-to-asset ratio of 27.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Ellendale Volunteer Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +33.7% | +32.9% | -2.2% |
| 2023 | +59.3% | +13.6% | -4.9% |
| 2022 | +0.3% | +14.5% | +11.6% |
| 2021 | -37.2% | +5.5% | -4.3% |
| 2020 | +97.3% | +43.5% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ellendale 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 Ellendale 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.4%.
Frequently Asked Questions about Ellendale Volunteer Fire Department
Is Ellendale Volunteer Fire Department a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellendale Volunteer Fire Department (EIN: 561371440) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ellendale Volunteer Fire Department spend its money?
Detailed spending breakdown data is not yet available for Ellendale Volunteer Fire Department. Check back for updated IRS 990 analysis.
Are donations to Ellendale Volunteer Fire Department tax-deductible?
Ellendale Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 561371440). 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 Ellendale Volunteer Fire Department showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Ellendale Volunteer Fire Department's revenue has grown by 309.5%, moving from $113K to $465K. Total assets increased by 178.3% over the same period, from $327K to $911K. Total functional expenses rose by 499.6%, from $72K to $429K. In its most recent filing year (2024), Ellendale Volunteer Fire Department reported a surplus of $36K, with revenue exceeding expenses. The organization holds $249K in liabilities against $911K in assets (debt-to-asset ratio: 27.4%), resulting in net assets of $662K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $465K | $429K | $911K | $249K | — | — |
| 2023 | $348K | $323K | $931K | $305K | — | View 990 |
| 2022 | $218K | $284K | $979K | $378K | — | View 990 |
| 2021 | $218K | $248K | $877K | $210K | — | — |
| 2020 | $347K | $235K | $916K | $218K | — | — |
| 2019 | $176K | $164K | $833K | $247K | — | View 990 |
| 2018 | $271K | $125K | $848K | $273K | — | View 990 |
| 2017 | $132K | $125K | $730K | $302K | — | View 990 |
| 2016 | $133K | $98K | $512K | $90K | — | View 990 |
| 2015 | $119K | $97K | $503K | $116K | — | View 990 |
| 2014 | $117K | $105K | $506K | $141K | — | View 990 |
| 2013 | $112K | $100K | $518K | $165K | — | View 990 |
| 2012 | $151K | $74K | $533K | $192K | — | View 990 |
| 2011 | $113K | $72K | $327K | $64K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $465K, expenses of $429K, and assets of $911K (revenue +33.7% year-over-year).
- 2023: Revenue of $348K, expenses of $323K, and assets of $931K (revenue +59.3% year-over-year).
- 2022: Revenue of $218K, expenses of $284K, and assets of $979K (revenue +0.3% year-over-year).
- 2021: Revenue of $218K, expenses of $248K, and assets of $877K (revenue -37.2% year-over-year).
- 2020: Revenue of $347K, expenses of $235K, and assets of $916K (revenue +97.3% year-over-year).
- 2019: Revenue of $176K, expenses of $164K, and assets of $833K (revenue -35.2% year-over-year).
- 2018: Revenue of $271K, expenses of $125K, and assets of $848K (revenue +105.7% year-over-year).
- 2017: Revenue of $132K, expenses of $125K, and assets of $730K (revenue -0.7% year-over-year).
- 2016: Revenue of $133K, expenses of $98K, and assets of $512K (revenue +12.0% year-over-year).
- 2015: Revenue of $119K, expenses of $97K, and assets of $503K (revenue +1.1% year-over-year).
- 2014: Revenue of $117K, expenses of $105K, and assets of $506K (revenue +5.1% year-over-year).
- 2013: Revenue of $112K, expenses of $100K, and assets of $518K (revenue -26.1% year-over-year).
- 2012: Revenue of $151K, expenses of $74K, and assets of $533K (revenue +33.2% year-over-year).
- 2011: Revenue of $113K, expenses of $72K, and assets of $327K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ellendale Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Ellendale 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.