Gates County Rescue Squad
EIN: 581462533 · Gatesville, NC · NTEE: M99
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Net Assets | $666K |
Is Gates County Rescue Squad Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gates County Rescue Squad
Gates County Rescue Squad (EIN: 581462533) is a nonprofit organization based in Gatesville, NC, classified under NTEE code M99. The organization reported total revenue of $2.0M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gates County Rescue Squad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gates County Rescue Squad is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$18K |
| Total Assets | $1.2M |
| Total Liabilities | $561K |
| Net Assets | $666K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 45.7% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Gates County Rescue Squad reported a surplus of $18K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 45.7% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Gates County Rescue Squad's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.3% | +10.1% | +0.0% |
| 2022 | -8.3% | -4.5% | +0.0% |
| 2021 | -5.1% | +0.7% | +13.1% |
| 2020 | +18.6% | +39.2% | +51.8% |
| 2019 | +36.2% | +15.3% | +14.9% |
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 Gates County Rescue Squad 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 Gates County Rescue Squad 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 $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.7%.
Frequently Asked Questions about Gates County Rescue Squad
Is Gates County Rescue Squad a legitimate charity?
Based on AI analysis of IRS 990 filings, Gates County Rescue Squad (EIN: 581462533) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gates County Rescue Squad spend its money?
Detailed spending breakdown data is not yet available for Gates County Rescue Squad. Check back for updated IRS 990 analysis.
Are donations to Gates County Rescue Squad tax-deductible?
Gates County Rescue Squad is registered as a tax-exempt nonprofit (EIN: 581462533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gates County Rescue Squad located?
Gates County Rescue Squad is headquartered in Gatesville, North Carolina and files with the IRS under EIN 581462533. It is classified under NTEE code M99.
How many years of IRS 990 filings does Gates County Rescue Squad have?
Gates County Rescue Squad has 10 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Gates County Rescue Squad showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Gates County Rescue Squad's revenue has grown by 95.7%, moving from $968K to $1.9M. Total assets increased by 79.7% over the same period, from $683K to $1.2M. Total functional expenses rose by 100.4%, from $936K to $1.9M. In its most recent filing year (2023), Gates County Rescue Squad reported a surplus of $18K, with revenue exceeding expenses. The organization holds $561K in liabilities against $1.2M in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $666K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.9M | $1.2M | $561K | — | View 990 |
| 2022 | $1.5M | $1.7M | $1.2M | $561K | — | — |
| 2021 | $1.6M | $1.8M | $1.2M | $561K | — | View 990 |
| 2020 | $1.7M | $1.8M | $1.1M | $271K | — | — |
| 2019 | $1.4M | $1.3M | $714K | $141K | — | View 990 |
| 2018 | $1.0M | $1.1M | $622K | $207K | — | View 990 |
| 2017 | $978K | $1.0M | $626K | $159K | — | View 990 |
| 2016 | $760K | $820K | $624K | $128K | — | View 990 |
| 2015 | $872K | $908K | $622K | $66K | — | View 990 |
| 2014 | $968K | $936K | $683K | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.9M, and assets of $1.2M (revenue +28.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $1.2M (revenue -8.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.8M, and assets of $1.2M (revenue -5.1% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $1.1M (revenue +18.6% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $714K (revenue +36.2% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.1M, and assets of $622K (revenue +7.3% year-over-year).
- 2017: Revenue of $978K, expenses of $1.0M, and assets of $626K (revenue +28.7% year-over-year).
- 2016: Revenue of $760K, expenses of $820K, and assets of $624K (revenue -12.8% year-over-year).
- 2015: Revenue of $872K, expenses of $908K, and assets of $622K (revenue -9.9% year-over-year).
- 2014: Revenue of $968K, expenses of $936K, and assets of $683K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gates County Rescue Squad:
Data Sources and Methodology
This transparency report for Gates County Rescue Squad 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.