Garden City Volunteer Firefighters Inc
EIN: 851858031 · Garden City, SD
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $13K |
| Net Assets | $377K |
Is Garden City Volunteer Firefighters Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Garden City Volunteer Firefighters Inc
Garden City Volunteer Firefighters Inc (EIN: 851858031) is a nonprofit organization based in Garden City, SD. The organization reported total revenue of $86K and total assets of $627K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Garden City Volunteer Firefighters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Garden City Volunteer Firefighters Inc is a micro nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -53.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $13K |
| Surplus / Deficit | +$64K |
| Total Assets | $557K |
| Total Liabilities | $180K |
| Net Assets | $377K |
| Operating Margin | 83.0% |
| Debt-to-Asset Ratio | 32.3% |
| Months of Reserves | 505.9 months |
Financial Health Grade: A
In 2023, Garden City Volunteer Firefighters Inc reported a surplus of $64K with revenue exceeding expenses, holds 505.9 months of operating reserves (strong position), has a debt-to-asset ratio of 32.3% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Garden City Volunteer Firefighters Inc's revenue has declined at a compound annual growth rate (CAGR) of -53.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.1% | +111.5% | +74.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Garden City Volunteer Firefighters 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 Garden City Volunteer Firefighters 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 surplus of $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.3%.
Frequently Asked Questions about Garden City Volunteer Firefighters Inc
Is Garden City Volunteer Firefighters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Garden City Volunteer Firefighters Inc (EIN: 851858031) insufficient data. 0 red flags identified, 0 strengths noted.
How does Garden City Volunteer Firefighters Inc spend its money?
Detailed spending breakdown data is not yet available for Garden City Volunteer Firefighters Inc. Check back for updated IRS 990 analysis.
Are donations to Garden City Volunteer Firefighters Inc tax-deductible?
Garden City Volunteer Firefighters Inc is registered as a tax-exempt nonprofit (EIN: 851858031). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Garden City Volunteer Firefighters Inc located?
Garden City Volunteer Firefighters Inc is headquartered in Garden City, South Dakota and files with the IRS under EIN 851858031.
How many years of IRS 990 filings does Garden City Volunteer Firefighters Inc have?
Garden City Volunteer Firefighters Inc has 2 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 $86K in total revenue.
Filing History
IRS 990 filing history for Garden City Volunteer Firefighters Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Garden City Volunteer Firefighters Inc's revenue has declined by 53.1%, moving from $165K to $78K. Total assets increased by 74.9% over the same period, from $318K to $557K. Total functional expenses rose by 111.5%, from $6K to $13K. In its most recent filing year (2023), Garden City Volunteer Firefighters Inc reported a surplus of $64K, with revenue exceeding expenses. The organization holds $180K in liabilities against $557K in assets (debt-to-asset ratio: 32.3%), resulting in net assets of $377K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $13K | $557K | $180K | — | — |
| 2022 | $165K | $6K | $318K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Garden City Volunteer Firefighters Inc:
Data Sources and Methodology
This transparency report for Garden City Volunteer Firefighters 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.