Elmwood Area Fire Department Incorporated
EIN: 391408090 · Elmwood, WI
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $125K |
| Net Assets | $323K |
Is Elmwood Area Fire Department Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elmwood Area Fire Department Incorporated
Elmwood Area Fire Department Incorporated (EIN: 391408090) is a nonprofit organization based in Elmwood, WI. The organization reported total revenue of $167K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elmwood Area Fire Department Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elmwood Area Fire Department Incorporated is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $125K |
| Surplus / Deficit | $-35,876 |
| Total Assets | $323K |
| Net Assets | $323K |
| Operating Margin | -40.1% |
| Months of Reserves | 30.9 months |
Financial Health Grade: B
In 2023, Elmwood Area Fire Department Incorporated reported a deficit of $36K with expenses exceeding revenue, holds 30.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Elmwood Area Fire Department Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.8% | +30.3% | -8.3% |
| 2022 | -24.6% | +9.5% | -11.8% |
| 2021 | +43.1% | -35.4% | +31.0% |
| 2020 | -8.1% | +5.2% | -17.0% |
| 2019 | -8.5% | +27.9% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elmwood Area Fire Department Incorporated 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 Elmwood Area Fire Department Incorporated 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 deficit of $36K, with expenses exceeding revenue.
Frequently Asked Questions about Elmwood Area Fire Department Incorporated
Is Elmwood Area Fire Department Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Elmwood Area Fire Department Incorporated (EIN: 391408090) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elmwood Area Fire Department Incorporated spend its money?
Detailed spending breakdown data is not yet available for Elmwood Area Fire Department Incorporated. Check back for updated IRS 990 analysis.
Are donations to Elmwood Area Fire Department Incorporated tax-deductible?
Elmwood Area Fire Department Incorporated is registered as a tax-exempt nonprofit (EIN: 391408090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elmwood Area Fire Department Incorporated located?
Elmwood Area Fire Department Incorporated is headquartered in Elmwood, Wisconsin and files with the IRS under EIN 391408090.
How many years of IRS 990 filings does Elmwood Area Fire Department Incorporated have?
Elmwood Area Fire Department Incorporated 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 $167K in total revenue.
Filing History
IRS 990 filing history for Elmwood Area Fire Department Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elmwood Area Fire Department Incorporated's revenue has declined by 20%, moving from $112K to $89K. Total assets decreased by 19.1% over the same period, from $399K to $323K. Total functional expenses fell by 5.9%, from $133K to $125K. In its most recent filing year (2023), Elmwood Area Fire Department Incorporated reported a deficit of $36K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $125K | $323K | $0 | — | View 990 |
| 2022 | $104K | $96K | $352K | $582 | — | View 990 |
| 2021 | $138K | $88K | $399K | $751 | — | — |
| 2020 | $96K | $136K | $304K | $269 | — | View 990 |
| 2019 | $104K | $129K | $367K | $23K | — | View 990 |
| 2018 | $114K | $101K | $370K | $0 | — | View 990 |
| 2017 | $116K | $96K | $340K | $15K | — | View 990 |
| 2016 | $116K | $102K | $357K | $53K | — | View 990 |
| 2015 | $175K | $89K | $380K | $88K | — | View 990 |
| 2014 | $102K | $104K | $328K | $123K | — | View 990 |
| 2013 | $109K | $115K | $363K | $156K | — | View 990 |
| 2012 | $109K | $127K | $357K | $144K | — | View 990 |
| 2011 | $112K | $133K | $399K | $167K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $125K, and assets of $323K (revenue -13.8% year-over-year).
- 2022: Revenue of $104K, expenses of $96K, and assets of $352K (revenue -24.6% year-over-year).
- 2021: Revenue of $138K, expenses of $88K, and assets of $399K (revenue +43.1% year-over-year).
- 2020: Revenue of $96K, expenses of $136K, and assets of $304K (revenue -8.1% year-over-year).
- 2019: Revenue of $104K, expenses of $129K, and assets of $367K (revenue -8.5% year-over-year).
- 2018: Revenue of $114K, expenses of $101K, and assets of $370K (revenue -1.9% year-over-year).
- 2017: Revenue of $116K, expenses of $96K, and assets of $340K (revenue +0.7% year-over-year).
- 2016: Revenue of $116K, expenses of $102K, and assets of $357K (revenue -33.8% year-over-year).
- 2015: Revenue of $175K, expenses of $89K, and assets of $380K (revenue +71.3% year-over-year).
- 2014: Revenue of $102K, expenses of $104K, and assets of $328K (revenue -6.6% year-over-year).
- 2013: Revenue of $109K, expenses of $115K, and assets of $363K (revenue +0.2% year-over-year).
- 2012: Revenue of $109K, expenses of $127K, and assets of $357K (revenue -2.6% year-over-year).
- 2011: Revenue of $112K, expenses of $133K, and assets of $399K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elmwood Area Fire Department Incorporated:
Data Sources and Methodology
This transparency report for Elmwood Area Fire Department Incorporated 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.