Etowah Rescue Squad Inc
EIN: 581413057 · Etowah, TN · NTEE: M23
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $72K |
| Net Assets | $52K |
Is Etowah 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 Etowah Rescue Squad Inc
Etowah Rescue Squad Inc (EIN: 581413057) is a nonprofit organization based in Etowah, TN, classified under NTEE code M23. The organization reported total revenue of $160K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Etowah Rescue Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Etowah Rescue Squad Inc is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $72K |
| Surplus / Deficit | $-8,887 |
| Total Assets | $110K |
| Total Liabilities | $58K |
| Net Assets | $52K |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 52.9% |
| Months of Reserves | 18.3 months |
Financial Health Grade: C
In 2023, Etowah Rescue Squad Inc reported a deficit of $9K with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 52.9% (high leverage).
Financial Trends
Over 7 years of filings (2013–2023), Etowah Rescue Squad Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.2% | +27.4% | +75.0% |
| 2018 | -31.6% | -22.8% | -27.3% |
| 2017 | +21.8% | +11.5% | -23.0% |
| 2016 | -59.1% | +32.4% | -11.4% |
| 2015 | +169.0% | +5.1% | +260.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Etowah 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 Etowah 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 deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.9%.
Frequently Asked Questions about Etowah Rescue Squad Inc
Is Etowah Rescue Squad Inc a legitimate charity?
Etowah Rescue Squad Inc (EIN: 581413057) is a registered tax-exempt nonprofit based in Tennessee. It has 7 years of IRS 990 filings on record. Total revenue: $160K. No red flags identified. Financial health grade: C.
How does Etowah Rescue Squad Inc spend its money?
Etowah Rescue Squad Inc reported $160K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Etowah Rescue Squad Inc tax-deductible?
Etowah Rescue Squad Inc is registered as a tax-exempt nonprofit (EIN: 581413057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Etowah Rescue Squad Inc located?
Etowah Rescue Squad Inc is headquartered in Etowah, Tennessee and files with the IRS under EIN 581413057. It is classified under NTEE code M23.
How many years of IRS 990 filings does Etowah Rescue Squad Inc have?
Etowah Rescue Squad Inc has 7 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 $160K in total revenue.
Filing History
IRS 990 filing history for Etowah Rescue Squad Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2013–2023), Etowah Rescue Squad Inc's revenue has declined by 5%, moving from $67K to $63K. Total assets increased by 130.5% over the same period, from $48K to $110K. Total functional expenses rose by 9.8%, from $66K to $72K. In its most recent filing year (2023), Etowah Rescue Squad Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $58K in liabilities against $110K in assets (debt-to-asset ratio: 52.9%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $72K | $110K | $58K | — | View 990 |
| 2018 | $51K | $57K | $63K | $4K | — | View 990 |
| 2017 | $75K | $74K | $87K | $22K | — | View 990 |
| 2016 | $61K | $66K | $112K | $49K | — | View 990 |
| 2015 | $150K | $50K | $127K | $59K | — | View 990 |
| 2014 | $56K | $47K | $35K | $68K | — | View 990 |
| 2013 | $67K | $66K | $48K | $89K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $72K, and assets of $110K (revenue +24.2% year-over-year).
- 2018: Revenue of $51K, expenses of $57K, and assets of $63K (revenue -31.6% year-over-year).
- 2017: Revenue of $75K, expenses of $74K, and assets of $87K (revenue +21.8% year-over-year).
- 2016: Revenue of $61K, expenses of $66K, and assets of $112K (revenue -59.1% year-over-year).
- 2015: Revenue of $150K, expenses of $50K, and assets of $127K (revenue +169.0% year-over-year).
- 2014: Revenue of $56K, expenses of $47K, and assets of $35K (revenue -16.5% year-over-year).
- 2013: Revenue of $67K, expenses of $66K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Etowah Rescue Squad Inc:
Data Sources and Methodology
This transparency report for Etowah 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.