Henderson Firefighters Benevolent Association
Henderson Firefighters Benevolent Association consistently grows assets with zero officer compensation.
EIN: 113764268 · Henderson, NV · NTEE: M12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $29K |
| Program Spending | 85% |
| Net Assets | $285K |
| Transparency Score | 92/100 |
Is Henderson Firefighters Benevolent Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Henderson Firefighters Benevolent Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Henderson Firefighters Benevolent Association
Henderson Firefighters Benevolent Association (EIN: 113764268) is a nonprofit organization based in Henderson, NV, classified under NTEE code M12. The organization reported total revenue of $186K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henderson Firefighters Benevolent Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henderson Firefighters Benevolent Association is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $29K |
| Surplus / Deficit | +$34K |
| Total Assets | $288K |
| Total Liabilities | $3K |
| Net Assets | $285K |
| Operating Margin | 53.7% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 118.7 months |
Financial Health Grade: A
In 2023, Henderson Firefighters Benevolent Association reported a surplus of $34K with revenue exceeding expenses, holds 118.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Henderson Firefighters Benevolent Association's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | -21.1% | +12.9% |
| 2022 | +24.8% | +15.5% | +15.6% |
| 2021 | -21.6% | -27.0% | +11.3% |
| 2020 | +7.6% | -10.8% | +14.7% |
| 2019 | -8.6% | -4.7% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Henderson Firefighters Benevolent Association with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Henderson Firefighters Benevolent Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Henderson Firefighters Benevolent Association:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Consistent asset growth over the past decade, from $100,153 in 2014 to $287,963 in 2023.
- Healthy financial position with revenues generally exceeding expenses, leading to consistent surpluses.
- Minimal to no liabilities reported in most years, demonstrating strong financial management.
- Strong program focus due to very low administrative and fundraising costs.
Frequently Asked Questions about Henderson Firefighters Benevolent Association
Is Henderson Firefighters Benevolent Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Henderson Firefighters Benevolent Association (EIN: 113764268) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Henderson Firefighters Benevolent Association spend its money?
Henderson Firefighters Benevolent Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Henderson Firefighters Benevolent Association tax-deductible?
Henderson Firefighters Benevolent Association is registered as a tax-exempt nonprofit (EIN: 113764268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Henderson Firefighters Benevolent Association's spending goes to programs?
Henderson Firefighters Benevolent Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Henderson Firefighters Benevolent Association compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Henderson Firefighters Benevolent Association is above average for NTEE category M12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Henderson Firefighters Benevolent Association located?
Henderson Firefighters Benevolent Association is headquartered in Henderson, Nevada and files with the IRS under EIN 113764268. It is classified under NTEE code M12.
How many years of IRS 990 filings does Henderson Firefighters Benevolent Association have?
Henderson Firefighters Benevolent Association has 13 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 $186K in total revenue.
Is Henderson Firefighters Benevolent Association a good charity?
Based on the IRS 990 data, the Henderson Firefighters Benevolent Association appears to be a very good charity. It consistently reports 0% officer compensation, demonstrates steady asset growth (from $100,153 in 2014 to $287,963 in 2023), and maintains a healthy financial position with revenues generally exceeding expenses.
How does the organization manage its finances?
The organization manages its finances prudently, consistently generating surpluses (e.g., $62,943 revenue vs. $29,122 expenses in 2023) and accumulating assets over time. Liabilities are minimal, often reported as $0, indicating strong financial control.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $100,153 in 2014 to $287,963 in 2023, indicating financial stability and growth in its resource base.
Filing History
IRS 990 filing history for Henderson Firefighters Benevolent Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Henderson Firefighters Benevolent Association's revenue has grown by 62.9%, moving from $39K to $63K. Total assets increased by 346.4% over the same period, from $65K to $288K. Total functional expenses rose by 21.7%, from $24K to $29K. In its most recent filing year (2023), Henderson Firefighters Benevolent Association reported a surplus of $34K, with revenue exceeding expenses. The organization holds $3K in liabilities against $288K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $285K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $29K | $288K | $3K | — | — |
| 2022 | $68K | $37K | $255K | $4K | — | View 990 |
| 2021 | $54K | $32K | $221K | $0 | — | View 990 |
| 2020 | $69K | $44K | $198K | $0 | — | View 990 |
| 2019 | $64K | $49K | $173K | $0 | — | View 990 |
| 2018 | $70K | $52K | $158K | $0 | — | View 990 |
| 2017 | $72K | $65K | $139K | $0 | — | View 990 |
| 2016 | $58K | $39K | $131K | $0 | — | View 990 |
| 2015 | $54K | $42K | $109K | $0 | — | View 990 |
| 2014 | $44K | $40K | $100K | $0 | — | View 990 |
| 2013 | $57K | $29K | $96K | $0 | — | View 990 |
| 2012 | $39K | $35K | $68K | $0 | — | View 990 |
| 2011 | $39K | $24K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $29K, and assets of $288K (revenue -7.1% year-over-year).
- 2022: Revenue of $68K, expenses of $37K, and assets of $255K (revenue +24.8% year-over-year).
- 2021: Revenue of $54K, expenses of $32K, and assets of $221K (revenue -21.6% year-over-year).
- 2020: Revenue of $69K, expenses of $44K, and assets of $198K (revenue +7.6% year-over-year).
- 2019: Revenue of $64K, expenses of $49K, and assets of $173K (revenue -8.6% year-over-year).
- 2018: Revenue of $70K, expenses of $52K, and assets of $158K (revenue -2.2% year-over-year).
- 2017: Revenue of $72K, expenses of $65K, and assets of $139K (revenue +24.4% year-over-year).
- 2016: Revenue of $58K, expenses of $39K, and assets of $131K (revenue +6.6% year-over-year).
- 2015: Revenue of $54K, expenses of $42K, and assets of $109K (revenue +24.8% year-over-year).
- 2014: Revenue of $44K, expenses of $40K, and assets of $100K (revenue -23.0% year-over-year).
- 2013: Revenue of $57K, expenses of $29K, and assets of $96K (revenue +46.4% year-over-year).
- 2012: Revenue of $39K, expenses of $35K, and assets of $68K (revenue +-0.0% year-over-year).
- 2011: Revenue of $39K, expenses of $24K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henderson Firefighters Benevolent Association:
Data Sources and Methodology
This transparency report for Henderson Firefighters Benevolent Association 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.