Glade Spring Volunteer Life Saving Crew
EIN: 541367319 · Glade Spring, VA · NTEE: E620
| Metric | Value |
|---|---|
| Total Revenue | $298K |
| Total Expenses | $304K |
| Net Assets | $89K |
Is Glade Spring Volunteer Life Saving Crew Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glade Spring Volunteer Life Saving Crew
Glade Spring Volunteer Life Saving Crew (EIN: 541367319) is a nonprofit organization based in Glade Spring, VA, classified under NTEE code E620. The organization reported total revenue of $298K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glade Spring Volunteer Life Saving Crew's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glade Spring Volunteer Life Saving Crew is a small nonprofit that has been operating for 40 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $304K |
| Surplus / Deficit | $-8,013 |
| Total Assets | $90K |
| Total Liabilities | $679 |
| Net Assets | $89K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2017, Glade Spring Volunteer Life Saving Crew reported a deficit of $8K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Glade Spring Volunteer Life Saving Crew's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +2.9% | +2.7% | -53.7% |
| 2016 | +0.9% | -7.3% | -4.4% |
| 2015 | -14.5% | -7.0% | -14.3% |
| 2014 | +0.6% | -1.7% | -3.8% |
| 2013 | -21.6% | -19.0% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glade Spring Volunteer Life Saving Crew 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 Glade Spring Volunteer Life Saving Crew 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Glade Spring Volunteer Life Saving Crew
Is Glade Spring Volunteer Life Saving Crew a legitimate charity?
Based on AI analysis of IRS 990 filings, Glade Spring Volunteer Life Saving Crew (EIN: 541367319) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glade Spring Volunteer Life Saving Crew spend its money?
Detailed spending breakdown data is not yet available for Glade Spring Volunteer Life Saving Crew. Check back for updated IRS 990 analysis.
Are donations to Glade Spring Volunteer Life Saving Crew tax-deductible?
Glade Spring Volunteer Life Saving Crew is registered as a tax-exempt nonprofit (EIN: 541367319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glade Spring Volunteer Life Saving Crew located?
Glade Spring Volunteer Life Saving Crew is headquartered in Glade Spring, Virginia and files with the IRS under EIN 541367319. It is classified under NTEE code E620.
How many years of IRS 990 filings does Glade Spring Volunteer Life Saving Crew have?
Glade Spring Volunteer Life Saving Crew has 7 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 $298K in total revenue.
Filing History
IRS 990 filing history for Glade Spring Volunteer Life Saving Crew showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Glade Spring Volunteer Life Saving Crew's revenue has declined by 29.7%, moving from $420K to $296K. Total assets decreased by 67% over the same period, from $272K to $90K. Total functional expenses fell by 28.4%, from $424K to $304K. In its most recent filing year (2017), Glade Spring Volunteer Life Saving Crew reported a deficit of $8K, with expenses exceeding revenue. The organization holds $679 in liabilities against $90K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $89K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $296K | $304K | $90K | $679 | — | View 990 |
| 2016 | $287K | $295K | $194K | $1K | — | — |
| 2015 | $285K | $319K | $202K | $2K | — | View 990 |
| 2014 | $333K | $343K | $236K | $1K | — | View 990 |
| 2013 | $331K | $349K | $245K | $970 | — | View 990 |
| 2012 | $422K | $430K | $263K | $1K | — | View 990 |
| 2011 | $420K | $424K | $272K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $296K, expenses of $304K, and assets of $90K (revenue +2.9% year-over-year).
- 2016: Revenue of $287K, expenses of $295K, and assets of $194K (revenue +0.9% year-over-year).
- 2015: Revenue of $285K, expenses of $319K, and assets of $202K (revenue -14.5% year-over-year).
- 2014: Revenue of $333K, expenses of $343K, and assets of $236K (revenue +0.6% year-over-year).
- 2013: Revenue of $331K, expenses of $349K, and assets of $245K (revenue -21.6% year-over-year).
- 2012: Revenue of $422K, expenses of $430K, and assets of $263K (revenue +0.5% year-over-year).
- 2011: Revenue of $420K, expenses of $424K, and assets of $272K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glade Spring Volunteer Life Saving Crew:
Data Sources and Methodology
This transparency report for Glade Spring Volunteer Life Saving Crew 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.