Frisco Fire Prevention Association Inc
EIN: 561314007 · Frisco, NC · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $382K |
| Total Expenses | $173K |
| Net Assets | $1.2M |
Is Frisco Fire Prevention Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Frisco Fire Prevention Association Inc
Frisco Fire Prevention Association Inc (EIN: 561314007) is a nonprofit organization based in Frisco, NC, classified under NTEE code M24. The organization reported total revenue of $382K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frisco Fire Prevention Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frisco Fire Prevention Association Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $173K |
| Surplus / Deficit | +$207K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 54.5% |
| Months of Reserves | 86.0 months |
Financial Health Grade: A
In 2022, Frisco Fire Prevention Association Inc reported a surplus of $207K with revenue exceeding expenses, holds 86.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Frisco Fire Prevention Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +58.3% | -21.8% | +17.1% |
| 2021 | +58.3% | -9.2% | +1.3% |
| 2020 | -51.8% | +41.4% | -7.7% |
| 2019 | +48.6% | +9.5% | +15.1% |
| 2018 | +4.9% | -7.9% | -12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Frisco Fire Prevention Association 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 Frisco Fire Prevention Association 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $207K, with revenue exceeding expenses.
Frequently Asked Questions about Frisco Fire Prevention Association Inc
Is Frisco Fire Prevention Association Inc a legitimate charity?
Frisco Fire Prevention Association Inc (EIN: 561314007) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $382K. No red flags identified. Financial health grade: A.
How does Frisco Fire Prevention Association Inc spend its money?
Frisco Fire Prevention Association Inc reported $382K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Frisco Fire Prevention Association Inc tax-deductible?
Frisco Fire Prevention Association Inc is registered as a tax-exempt nonprofit (EIN: 561314007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frisco Fire Prevention Association Inc located?
Frisco Fire Prevention Association Inc is headquartered in Frisco, North Carolina and files with the IRS under EIN 561314007. It is classified under NTEE code M24.
How many years of IRS 990 filings does Frisco Fire Prevention Association Inc have?
Frisco Fire Prevention Association Inc 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 $382K in total revenue.
Filing History
IRS 990 filing history for Frisco Fire Prevention Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Frisco Fire Prevention Association Inc's revenue has grown by 40.6%, moving from $270K to $380K. Total assets increased by 4.3% over the same period, from $1.2M to $1.2M. Total functional expenses fell by 26.7%, from $236K to $173K. In its most recent filing year (2022), Frisco Fire Prevention Association Inc reported a surplus of $207K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $380K | $173K | $1.2M | $0 | — | View 990 |
| 2021 | $240K | $221K | $1.1M | $0 | — | View 990 |
| 2020 | $151K | $243K | $1.0M | $0 | — | — |
| 2019 | $314K | $172K | $1.1M | $0 | — | View 990 |
| 2018 | $211K | $157K | $982K | $0 | — | View 990 |
| 2017 | $202K | $171K | $1.1M | $188K | — | View 990 |
| 2016 | $293K | $214K | $1.1M | $246K | — | View 990 |
| 2015 | $202K | $213K | $1.1M | $301K | — | View 990 |
| 2014 | $257K | $256K | $1.2M | $355K | — | View 990 |
| 2013 | $215K | $240K | $1.2M | $406K | — | View 990 |
| 2012 | $377K | $224K | $1.3M | $454K | — | View 990 |
| 2011 | $270K | $236K | $1.2M | $501K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $380K, expenses of $173K, and assets of $1.2M (revenue +58.3% year-over-year).
- 2021: Revenue of $240K, expenses of $221K, and assets of $1.1M (revenue +58.3% year-over-year).
- 2020: Revenue of $151K, expenses of $243K, and assets of $1.0M (revenue -51.8% year-over-year).
- 2019: Revenue of $314K, expenses of $172K, and assets of $1.1M (revenue +48.6% year-over-year).
- 2018: Revenue of $211K, expenses of $157K, and assets of $982K (revenue +4.9% year-over-year).
- 2017: Revenue of $202K, expenses of $171K, and assets of $1.1M (revenue -31.2% year-over-year).
- 2016: Revenue of $293K, expenses of $214K, and assets of $1.1M (revenue +44.9% year-over-year).
- 2015: Revenue of $202K, expenses of $213K, and assets of $1.1M (revenue -21.4% year-over-year).
- 2014: Revenue of $257K, expenses of $256K, and assets of $1.2M (revenue +19.8% year-over-year).
- 2013: Revenue of $215K, expenses of $240K, and assets of $1.2M (revenue -43.0% year-over-year).
- 2012: Revenue of $377K, expenses of $224K, and assets of $1.3M (revenue +39.5% year-over-year).
- 2011: Revenue of $270K, expenses of $236K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frisco Fire Prevention Association Inc:
Data Sources and Methodology
This transparency report for Frisco Fire Prevention Association 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.