Glencoe Volunteer Fire Protection District Inc
EIN: 611089690 · Glencoe, KY · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $44K |
| Net Assets | $600K |
Is Glencoe Volunteer Fire Protection District Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glencoe Volunteer Fire Protection District Inc
Glencoe Volunteer Fire Protection District Inc (EIN: 611089690) is a nonprofit organization based in Glencoe, KY, classified under NTEE code M24. The organization reported total revenue of $68K and total assets of $629K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glencoe Volunteer Fire Protection District Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glencoe Volunteer Fire Protection District Inc is a micro nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $450K |
| Total Expenses | $44K |
| Surplus / Deficit | +$405K |
| Total Assets | $616K |
| Total Liabilities | $16K |
| Net Assets | $600K |
| Operating Margin | 90.2% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 167.4 months |
Financial Health Grade: A
In 2023, Glencoe Volunteer Fire Protection District Inc reported a surplus of $405K with revenue exceeding expenses, holds 167.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Glencoe Volunteer Fire Protection District Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1098.4% | -30.8% | +169.2% |
| 2021 | +3.7% | -12.1% | +1.8% |
| 2020 | -32.5% | -35.3% | -14.0% |
| 2019 | +13.4% | -15.3% | -18.3% |
| 2018 | +45.0% | +24.5% | -20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glencoe Volunteer Fire Protection District 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 Glencoe Volunteer Fire Protection District 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 $405K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Glencoe Volunteer Fire Protection District Inc
Is Glencoe Volunteer Fire Protection District Inc a legitimate charity?
Glencoe Volunteer Fire Protection District Inc (EIN: 611089690) is a registered tax-exempt nonprofit based in Kentucky. It has 12 years of IRS 990 filings on record. Total revenue: $68K. No red flags identified. Financial health grade: A.
How does Glencoe Volunteer Fire Protection District Inc spend its money?
Glencoe Volunteer Fire Protection District Inc reported $68K 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 Glencoe Volunteer Fire Protection District Inc tax-deductible?
Glencoe Volunteer Fire Protection District Inc is registered as a tax-exempt nonprofit (EIN: 611089690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glencoe Volunteer Fire Protection District Inc located?
Glencoe Volunteer Fire Protection District Inc is headquartered in Glencoe, Kentucky and files with the IRS under EIN 611089690. It is classified under NTEE code M24.
How many years of IRS 990 filings does Glencoe Volunteer Fire Protection District Inc have?
Glencoe Volunteer Fire Protection District 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 $68K in total revenue.
Filing History
IRS 990 filing history for Glencoe Volunteer Fire Protection District Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Glencoe Volunteer Fire Protection District Inc's revenue has grown by 800.2%, moving from $50K to $450K. Total assets decreased by 20.9% over the same period, from $778K to $616K. Total functional expenses fell by 60.5%, from $112K to $44K. In its most recent filing year (2023), Glencoe Volunteer Fire Protection District Inc reported a surplus of $405K, with revenue exceeding expenses. The organization holds $16K in liabilities against $616K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $600K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $450K | $44K | $616K | $16K | — | — |
| 2021 | $38K | $64K | $229K | $30K | — | — |
| 2020 | $36K | $73K | $225K | $0 | — | View 990 |
| 2019 | $54K | $112K | $261K | $0 | — | View 990 |
| 2018 | $47K | $132K | $320K | $0 | — | View 990 |
| 2017 | $33K | $106K | $402K | $0 | — | View 990 |
| 2016 | $48K | $133K | $472K | $0 | — | View 990 |
| 2015 | $13K | $51K | $556K | $0 | — | View 990 |
| 2014 | $34K | $107K | $594K | $0 | — | View 990 |
| 2013 | $63K | $111K | $667K | $0 | — | View 990 |
| 2012 | $53K | $116K | $715K | $0 | — | View 990 |
| 2011 | $50K | $112K | $778K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $450K, expenses of $44K, and assets of $616K (revenue +1098.4% year-over-year).
- 2021: Revenue of $38K, expenses of $64K, and assets of $229K (revenue +3.7% year-over-year).
- 2020: Revenue of $36K, expenses of $73K, and assets of $225K (revenue -32.5% year-over-year).
- 2019: Revenue of $54K, expenses of $112K, and assets of $261K (revenue +13.4% year-over-year).
- 2018: Revenue of $47K, expenses of $132K, and assets of $320K (revenue +45.0% year-over-year).
- 2017: Revenue of $33K, expenses of $106K, and assets of $402K (revenue -31.5% year-over-year).
- 2016: Revenue of $48K, expenses of $133K, and assets of $472K (revenue +279.6% year-over-year).
- 2015: Revenue of $13K, expenses of $51K, and assets of $556K (revenue -63.2% year-over-year).
- 2014: Revenue of $34K, expenses of $107K, and assets of $594K (revenue -45.7% year-over-year).
- 2013: Revenue of $63K, expenses of $111K, and assets of $667K (revenue +19.3% year-over-year).
- 2012: Revenue of $53K, expenses of $116K, and assets of $715K (revenue +5.6% year-over-year).
- 2011: Revenue of $50K, expenses of $112K, and assets of $778K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glencoe Volunteer Fire Protection District Inc:
Data Sources and Methodology
This transparency report for Glencoe Volunteer Fire Protection District 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.