Frazeysburg Vol Fire Department
Frazeysburg Vol Fire Department shows consistent operations with recent deficit and declining assets, zero officer compensation.
EIN: 201361142 · Frazeysburg, OH · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $435K |
| Total Expenses | $456K |
| Program Spending | 90% |
| Net Assets | $447K |
| Transparency Score | 85/100 |
Is Frazeysburg Vol Fire Department Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frazeysburg Vol Fire Department directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frazeysburg Vol Fire Department
Frazeysburg Vol Fire Department (EIN: 201361142) is a nonprofit organization based in Frazeysburg, OH, classified under NTEE code M24. The organization reported total revenue of $435K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frazeysburg Vol Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frazeysburg Vol Fire Department is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $384K |
| Total Expenses | $456K |
| Surplus / Deficit | $-71,101 |
| Total Assets | $507K |
| Total Liabilities | $60K |
| Net Assets | $447K |
| Operating Margin | -18.5% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2023, Frazeysburg Vol Fire Department reported a deficit of $71K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Frazeysburg Vol Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.6% | +36.7% | -20.0% |
| 2022 | -9.1% | +3.3% | +12.9% |
| 2021 | +10.7% | -23.5% | +28.2% |
| 2020 | +16.6% | +9.1% | -0.4% |
| 2019 | +21.9% | +25.9% | -17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Frazeysburg Vol Fire Department with a Mission Score of 85 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, Frazeysburg Vol Fire Department 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 deficit of $71K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of this size.
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.
Red Flags
The following concerns were identified during AI analysis of Frazeysburg Vol Fire Department's IRS 990 filings:
- Recent operating deficit in 202312 ($71,101)
- Declining asset base over the past several years (from $859,666 in 201512 to $506,935 in 202312)
Strengths
The following positive indicators were identified for Frazeysburg Vol Fire Department:
- Consistent 0% officer compensation across all filings, indicating strong volunteer leadership
- Significant reduction in liabilities over time (from $506,972 in 201512 to $60,254 in 202312)
- Consistent IRS 990 filing history, demonstrating transparency
- Stable revenue generation over the past decade, supporting ongoing operations
Frequently Asked Questions about Frazeysburg Vol Fire Department
Is Frazeysburg Vol Fire Department a legitimate charity?
Based on AI analysis of IRS 990 filings, Frazeysburg Vol Fire Department (EIN: 201361142) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Frazeysburg Vol Fire Department spend its money?
Frazeysburg Vol Fire Department directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Frazeysburg Vol Fire Department tax-deductible?
Frazeysburg Vol Fire Department is registered as a tax-exempt nonprofit (EIN: 201361142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Frazeysburg Vol Fire Department's spending goes to programs?
Frazeysburg Vol Fire Department directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Frazeysburg Vol Fire Department compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Frazeysburg Vol Fire Department is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Frazeysburg Vol Fire Department located?
Frazeysburg Vol Fire Department is headquartered in Frazeysburg, Ohio and files with the IRS under EIN 201361142. It is classified under NTEE code M24.
How many years of IRS 990 filings does Frazeysburg Vol Fire Department have?
Frazeysburg Vol Fire Department has 12 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 $435K in total revenue.
Is Frazeysburg Vol Fire Department a good charity?
Based on the available data, the Frazeysburg Vol Fire Department appears to be a good charity. It operates with 0% officer compensation, indicating a strong volunteer commitment, and consistently files its IRS 990s, demonstrating transparency. While there was a deficit in 202312, its long-term financial trends show a reduction in liabilities and a stable, albeit fluctuating, revenue stream for its essential community services.
How has the organization's financial health changed over time?
The organization's financial health has seen fluctuations. Assets have declined from a peak of $859,666 in 201512 to $506,935 in 202312. However, liabilities have also significantly decreased from $506,972 in 201512 to $60,254 in 202312, improving its net asset position relative to debt. Revenues have generally remained stable, but expenses have varied, leading to both surpluses and deficits in different years, such as a $106,482 surplus in 202212 and a $71,101 deficit in 202312.
What is the trend in officer compensation?
Officer compensation has consistently been reported as 0% for all 12 periods in the filing history, indicating that no salaries or other compensation are paid to officers, directors, or trustees.
Filing History
IRS 990 filing history for Frazeysburg Vol Fire Department showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Frazeysburg Vol Fire Department's revenue has grown by 12.7%, moving from $341K to $384K. Total assets decreased by 29.2% over the same period, from $716K to $507K. Total functional expenses rose by 46.4%, from $311K to $456K. In its most recent filing year (2023), Frazeysburg Vol Fire Department reported a deficit of $71K, with expenses exceeding revenue. The organization holds $60K in liabilities against $507K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $447K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $384K | $456K | $507K | $60K | — | — |
| 2022 | $440K | $333K | $633K | $116K | — | View 990 |
| 2021 | $484K | $323K | $561K | $150K | — | View 990 |
| 2020 | $437K | $422K | $438K | $188K | — | View 990 |
| 2019 | $375K | $386K | $440K | $205K | — | View 990 |
| 2018 | $308K | $307K | $531K | $285K | — | View 990 |
| 2017 | $259K | $323K | $610K | $364K | — | View 990 |
| 2016 | $294K | $337K | $737K | $427K | — | View 990 |
| 2015 | $327K | $364K | $860K | $507K | — | View 990 |
| 2014 | $322K | $317K | $752K | $363K | — | View 990 |
| 2013 | $319K | $321K | $592K | $391K | — | View 990 |
| 2012 | $341K | $311K | $716K | $416K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $384K, expenses of $456K, and assets of $507K (revenue -12.6% year-over-year).
- 2022: Revenue of $440K, expenses of $333K, and assets of $633K (revenue -9.1% year-over-year).
- 2021: Revenue of $484K, expenses of $323K, and assets of $561K (revenue +10.7% year-over-year).
- 2020: Revenue of $437K, expenses of $422K, and assets of $438K (revenue +16.6% year-over-year).
- 2019: Revenue of $375K, expenses of $386K, and assets of $440K (revenue +21.9% year-over-year).
- 2018: Revenue of $308K, expenses of $307K, and assets of $531K (revenue +18.6% year-over-year).
- 2017: Revenue of $259K, expenses of $323K, and assets of $610K (revenue -11.8% year-over-year).
- 2016: Revenue of $294K, expenses of $337K, and assets of $737K (revenue -10.0% year-over-year).
- 2015: Revenue of $327K, expenses of $364K, and assets of $860K (revenue +1.5% year-over-year).
- 2014: Revenue of $322K, expenses of $317K, and assets of $752K (revenue +0.9% year-over-year).
- 2013: Revenue of $319K, expenses of $321K, and assets of $592K (revenue -6.5% year-over-year).
- 2012: Revenue of $341K, expenses of $311K, and assets of $716K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frazeysburg Vol Fire Department:
Data Sources and Methodology
This transparency report for Frazeysburg Vol 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.