Halifax Fire And Rescue Department
EIN: 300400328 · Halifax, NC · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $138K |
| Net Assets | $-14,749 |
Is Halifax Fire And Rescue Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Halifax Fire And Rescue Department
Halifax Fire And Rescue Department (EIN: 300400328) is a nonprofit organization based in Halifax, NC, classified under NTEE code M24. The organization reported total revenue of $215K and total assets of $729K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Halifax Fire And Rescue Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Halifax Fire And Rescue Department is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $138K |
| Surplus / Deficit | +$68K |
| Total Assets | $295K |
| Total Liabilities | $310K |
| Net Assets | $-14,749 |
| Operating Margin | 32.9% |
| Debt-to-Asset Ratio | 105.0% |
| Months of Reserves | 25.6 months |
Financial Health Grade: A
In 2024, Halifax Fire And Rescue Department reported a surplus of $68K with revenue exceeding expenses, holds 25.6 months of operating reserves (strong position), has a debt-to-asset ratio of 105.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Halifax Fire And Rescue Department's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.9% | +26.0% | +12.5% |
| 2023 | +14.5% | -14.0% | +43.5% |
| 2022 | +22.4% | -12.7% | +29.3% |
| 2021 | +4.2% | +4.8% | -6.2% |
| 2020 | +12.6% | +2.4% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Halifax Fire And Rescue 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 Halifax Fire And Rescue 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 105.0%.
Frequently Asked Questions about Halifax Fire And Rescue Department
Is Halifax Fire And Rescue Department a legitimate charity?
Halifax Fire And Rescue Department (EIN: 300400328) is a registered tax-exempt nonprofit based in North Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $215K. No red flags identified. Financial health grade: A.
How does Halifax Fire And Rescue Department spend its money?
Halifax Fire And Rescue Department reported $215K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Halifax Fire And Rescue Department tax-deductible?
Halifax Fire And Rescue Department is registered as a tax-exempt nonprofit (EIN: 300400328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Halifax Fire And Rescue Department located?
Halifax Fire And Rescue Department is headquartered in Halifax, North Carolina and files with the IRS under EIN 300400328. It is classified under NTEE code M24.
How many years of IRS 990 filings does Halifax Fire And Rescue Department have?
Halifax Fire And Rescue Department has 14 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 $215K in total revenue.
Filing History
IRS 990 filing history for Halifax Fire And Rescue Department showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Halifax Fire And Rescue Department's revenue has grown by 65.3%, moving from $125K to $206K. Total assets increased by 77% over the same period, from $167K to $295K. Total functional expenses fell by 17.1%, from $167K to $138K. In its most recent filing year (2024), Halifax Fire And Rescue Department reported a surplus of $68K, with revenue exceeding expenses. The organization holds $310K in liabilities against $295K in assets (debt-to-asset ratio: 105.0%), resulting in net assets of $-14,749.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $206K | $138K | $295K | $310K | — | — |
| 2023 | $229K | $110K | $262K | $345K | — | View 990 |
| 2022 | $200K | $128K | $183K | $384K | — | View 990 |
| 2021 | $163K | $146K | $141K | $415K | — | View 990 |
| 2020 | $157K | $140K | $151K | $441K | — | View 990 |
| 2019 | $139K | $136K | $157K | $465K | — | View 990 |
| 2018 | $129K | $139K | $176K | $487K | — | — |
| 2017 | $132K | $138K | $211K | $511K | — | View 990 |
| 2016 | $135K | $147K | $244K | $539K | — | View 990 |
| 2015 | $139K | $136K | $286K | $567K | — | View 990 |
| 2014 | $142K | $149K | $310K | $595K | — | View 990 |
| 2013 | $135K | $168K | $343K | $621K | — | View 990 |
| 2012 | $147K | $191K | $164K | $409K | — | View 990 |
| 2011 | $125K | $167K | $167K | $368K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $206K, expenses of $138K, and assets of $295K (revenue -9.9% year-over-year).
- 2023: Revenue of $229K, expenses of $110K, and assets of $262K (revenue +14.5% year-over-year).
- 2022: Revenue of $200K, expenses of $128K, and assets of $183K (revenue +22.4% year-over-year).
- 2021: Revenue of $163K, expenses of $146K, and assets of $141K (revenue +4.2% year-over-year).
- 2020: Revenue of $157K, expenses of $140K, and assets of $151K (revenue +12.6% year-over-year).
- 2019: Revenue of $139K, expenses of $136K, and assets of $157K (revenue +8.4% year-over-year).
- 2018: Revenue of $129K, expenses of $139K, and assets of $176K (revenue -3.0% year-over-year).
- 2017: Revenue of $132K, expenses of $138K, and assets of $211K (revenue -1.6% year-over-year).
- 2016: Revenue of $135K, expenses of $147K, and assets of $244K (revenue -2.9% year-over-year).
- 2015: Revenue of $139K, expenses of $136K, and assets of $286K (revenue -2.1% year-over-year).
- 2014: Revenue of $142K, expenses of $149K, and assets of $310K (revenue +5.1% year-over-year).
- 2013: Revenue of $135K, expenses of $168K, and assets of $343K (revenue -8.4% year-over-year).
- 2012: Revenue of $147K, expenses of $191K, and assets of $164K (revenue +18.0% year-over-year).
- 2011: Revenue of $125K, expenses of $167K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Halifax Fire And Rescue Department:
Data Sources and Methodology
This transparency report for Halifax Fire And Rescue 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.