Grand Lake Township Volunteer Fire Department
EIN: 455380567 · Twig, MN · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $323K |
| Total Expenses | $90K |
| Net Assets | $25K |
Is Grand Lake Township Volunteer Fire Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grand Lake Township Volunteer Fire Department
Grand Lake Township Volunteer Fire Department (EIN: 455380567) is a nonprofit organization based in Twig, MN, classified under NTEE code M24. The organization reported total revenue of $323K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Lake Township Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Lake Township Volunteer Fire Department is a small nonprofit that has been operating for 13 years, with 3 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $90K |
| Surplus / Deficit | $-6,219 |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | -7.4% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2023, Grand Lake Township Volunteer Fire Department reported a deficit of $6K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2012–2023), Grand Lake Township Volunteer Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.1% | -60.9% | -20.1% |
| 2022 | +364.6% | +275.3% | +197.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Lake Township Volunteer Fire Department 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 Grand Lake Township Volunteer Fire Department 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 deficit of $6K, with expenses exceeding revenue.
Frequently Asked Questions about Grand Lake Township Volunteer Fire Department
Is Grand Lake Township Volunteer Fire Department a legitimate charity?
Grand Lake Township Volunteer Fire Department (EIN: 455380567) is a registered tax-exempt nonprofit based in Minnesota. It has 3 years of IRS 990 filings on record. Total revenue: $323K. No red flags identified. Financial health grade: B.
How does Grand Lake Township Volunteer Fire Department spend its money?
Grand Lake Township Volunteer Fire Department reported $323K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grand Lake Township Volunteer Fire Department tax-deductible?
Grand Lake Township Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 455380567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Lake Township Volunteer Fire Department located?
Grand Lake Township Volunteer Fire Department is headquartered in Twig, Minnesota and files with the IRS under EIN 455380567. It is classified under NTEE code M24.
How many years of IRS 990 filings does Grand Lake Township Volunteer Fire Department have?
Grand Lake Township Volunteer Fire Department has 3 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 $323K in total revenue.
Filing History
IRS 990 filing history for Grand Lake Township Volunteer Fire Department showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2023), Grand Lake Township Volunteer Fire Department's revenue has grown by 62.1%, moving from $52K to $84K. Total assets increased by 137.9% over the same period, from $10K to $25K. Total functional expenses rose by 46.9%, from $61K to $90K. In its most recent filing year (2023), Grand Lake Township Volunteer Fire Department reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $90K | $25K | $0 | — | View 990 |
| 2022 | $240K | $230K | $31K | $0 | — | View 990 |
| 2012 | $52K | $61K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $90K, and assets of $25K (revenue -65.1% year-over-year).
- 2022: Revenue of $240K, expenses of $230K, and assets of $31K (revenue +364.6% year-over-year).
- 2012: Revenue of $52K, expenses of $61K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Lake Township Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Grand Lake Township Volunteer Fire Department 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.