Grant Town Volunteer Fire Department Inc
EIN: 472613563 · Grant Town, WV · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $173K |
| Total Expenses | $80K |
| Net Assets | $68K |
Is Grant Town Volunteer Fire Department Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grant Town Volunteer Fire Department Inc
Grant Town Volunteer Fire Department Inc (EIN: 472613563) is a nonprofit organization based in Grant Town, WV, classified under NTEE code T20. The organization reported total revenue of $173K and total assets of $462K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grant Town Volunteer Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grant Town Volunteer Fire Department Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 20.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $80K |
| Surplus / Deficit | +$60K |
| Total Assets | $90K |
| Total Liabilities | $23K |
| Net Assets | $68K |
| Operating Margin | 42.8% |
| Debt-to-Asset Ratio | 25.1% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2022, Grant Town Volunteer Fire Department Inc reported a surplus of $60K with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).
Financial Trends
Over 4 years of filings (2019–2022), Grant Town Volunteer Fire Department Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +15.5% | -9.1% | +52.3% |
| 2021 | +36.4% | +19.7% | -9.7% |
| 2020 | +10.5% | +9.0% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grant Town Volunteer Fire Department 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 Grant Town Volunteer Fire Department 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.1%.
Frequently Asked Questions about Grant Town Volunteer Fire Department Inc
Is Grant Town Volunteer Fire Department Inc a legitimate charity?
Grant Town Volunteer Fire Department Inc (EIN: 472613563) is a registered tax-exempt nonprofit based in West Virginia. It has 4 years of IRS 990 filings on record. Total revenue: $173K. No red flags identified. Financial health grade: A.
How does Grant Town Volunteer Fire Department Inc spend its money?
Grant Town Volunteer Fire Department Inc reported $173K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grant Town Volunteer Fire Department Inc tax-deductible?
Grant Town Volunteer Fire Department Inc is registered as a tax-exempt nonprofit (EIN: 472613563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grant Town Volunteer Fire Department Inc located?
Grant Town Volunteer Fire Department Inc is headquartered in Grant Town, West Virginia and files with the IRS under EIN 472613563. It is classified under NTEE code T20.
How many years of IRS 990 filings does Grant Town Volunteer Fire Department Inc have?
Grant Town Volunteer Fire Department Inc has 4 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 $173K in total revenue.
Filing History
IRS 990 filing history for Grant Town Volunteer Fire Department Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Grant Town Volunteer Fire Department Inc's revenue has grown by 74.1%, moving from $81K to $140K. Total assets increased by 27.9% over the same period, from $71K to $90K. Total functional expenses rose by 18.6%, from $68K to $80K. In its most recent filing year (2022), Grant Town Volunteer Fire Department Inc reported a surplus of $60K, with revenue exceeding expenses. The organization holds $23K in liabilities against $90K in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $68K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $140K | $80K | $90K | $23K | — | View 990 |
| 2021 | $121K | $88K | $59K | $52K | — | View 990 |
| 2020 | $89K | $74K | $66K | $91K | — | — |
| 2019 | $81K | $68K | $71K | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $140K, expenses of $80K, and assets of $90K (revenue +15.5% year-over-year).
- 2021: Revenue of $121K, expenses of $88K, and assets of $59K (revenue +36.4% year-over-year).
- 2020: Revenue of $89K, expenses of $74K, and assets of $66K (revenue +10.5% year-over-year).
- 2019: Revenue of $81K, expenses of $68K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grant Town Volunteer Fire Department Inc:
Data Sources and Methodology
This transparency report for Grant Town Volunteer Fire Department 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.