Fairview Volunteer Fire Company
EIN: 550301485 · Fairview, WV · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $212K |
| Total Expenses | $182K |
| Net Assets | $566K |
Is Fairview Volunteer Fire Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairview Volunteer Fire Company
Fairview Volunteer Fire Company (EIN: 550301485) is a nonprofit organization based in Fairview, WV, classified under NTEE code M24. The organization reported total revenue of $212K and total assets of $632K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairview Volunteer Fire Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairview Volunteer Fire Company is a small nonprofit that has been operating for 3 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 35.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $182K |
| Surplus / Deficit | +$19K |
| Total Assets | $670K |
| Total Liabilities | $103K |
| Net Assets | $566K |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 15.4% |
| Months of Reserves | 44.2 months |
Financial Health Grade: A
In 2023, Fairview Volunteer Fire Company reported a surplus of $19K with revenue exceeding expenses, holds 44.2 months of operating reserves (strong position), has a debt-to-asset ratio of 15.4% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Fairview Volunteer Fire Company's revenue has grown at a compound annual growth rate (CAGR) of 35.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.7% | +12.8% | -2.8% |
| 2022 | +22.6% | -4.8% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fairview Volunteer Fire Company 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 Fairview Volunteer Fire Company 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 $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.4%.
Frequently Asked Questions about Fairview Volunteer Fire Company
Is Fairview Volunteer Fire Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairview Volunteer Fire Company (EIN: 550301485) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fairview Volunteer Fire Company spend its money?
Detailed spending breakdown data is not yet available for Fairview Volunteer Fire Company. Check back for updated IRS 990 analysis.
Are donations to Fairview Volunteer Fire Company tax-deductible?
Fairview Volunteer Fire Company is registered as a tax-exempt nonprofit (EIN: 550301485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairview Volunteer Fire Company located?
Fairview Volunteer Fire Company is headquartered in Fairview, West Virginia and files with the IRS under EIN 550301485. It is classified under NTEE code M24.
How many years of IRS 990 filings does Fairview Volunteer Fire Company have?
Fairview Volunteer Fire Company has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $212K in total revenue.
Filing History
IRS 990 filing history for Fairview Volunteer Fire Company showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Fairview Volunteer Fire Company's revenue has grown by 83.5%, moving from $109K to $201K. Total assets decreased by 9.4% over the same period, from $739K to $670K. Total functional expenses rose by 7.4%, from $169K to $182K. In its most recent filing year (2023), Fairview Volunteer Fire Company reported a surplus of $19K, with revenue exceeding expenses. The organization holds $103K in liabilities against $670K in assets (debt-to-asset ratio: 15.4%), resulting in net assets of $566K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $182K | $670K | $103K | — | View 990 |
| 2022 | $134K | $161K | $689K | $141K | — | — |
| 2021 | $109K | $169K | $739K | $164K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $182K, and assets of $670K (revenue +49.7% year-over-year).
- 2022: Revenue of $134K, expenses of $161K, and assets of $689K (revenue +22.6% year-over-year).
- 2021: Revenue of $109K, expenses of $169K, and assets of $739K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairview Volunteer Fire Company:
Data Sources and Methodology
This transparency report for Fairview Volunteer Fire Company 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.