Highmore Volunteer Fire Dept Inc

Highmore Volunteer Fire Dept Inc consistently maintains financial surplus and growing assets with zero officer compensation.

EIN: 20672951 · Highmore, SD · NTEE: M24 · Updated: 2026-03-28

$229KRevenue
$222KGross Revenue
$1.1MAssets
95/100Mission Score (Excellent)
M24
Highmore Volunteer Fire Dept Inc Financial Summary
MetricValue
Total Revenue$229K
Total Expenses$112K
Program Spending90%
Net Assets$953K
Transparency Score95/100

Search Intent Cockpit

Highmore Volunteer Fire Dept Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Highmore Volunteer Fire Dept Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Highmore Volunteer Fire Dept Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $231K and expenses of $112K.

Revenue and Expenses

Highmore Volunteer Fire Dept Inc reported $231K in revenue and $112K in expenses, a surplus of $119K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Highmore Volunteer Fire Dept Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Highmore Volunteer Fire Dept Inc Expense Deployment
Program services$101K (90%)

Across stored filings, Highmore Volunteer Fire Dept Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Highmore Volunteer Fire Dept Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with River Of Life Community ChurchSouth Dakota and Category M context

Trust Check

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Highmore, SD nonprofits
Category M in South Dakota
Human Services in South Dakota

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90% of spending goes to programs.

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Highmore Volunteer Fire Dept Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Highmore Volunteer Fire Dept Inc

Highmore Volunteer Fire Dept Inc (EIN: 20672951) is a nonprofit organization based in Highmore, SD, classified under NTEE code M24. The organization reported total revenue of $229K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highmore Volunteer Fire Dept Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Highmore Volunteer Fire Dept Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$231K
Total Expenses$112K
Surplus / Deficit+$119K
Total Assets$953K
Net Assets$953K
Operating Margin51.4%
Months of Reserves101.8 months

Financial Health Grade: A

In 2023, Highmore Volunteer Fire Dept Inc reported a surplus of $119K with revenue exceeding expenses, holds 101.8 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Highmore Volunteer Fire Dept Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+5.1%+4.0%+14.2%
2022+44.8%+17.2%+15.5%
2021+6.6%+10.1%+8.9%
2020-12.0%-48.2%+8.7%
2019+18.7%+23.3%-0.6%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Highmore Volunteer Fire Dept Inc demonstrates strong financial health and efficient spending, consistently operating with a surplus in recent years. For example, in 2023, revenue was $231,036 against expenses of $112,335, indicating a significant reinvestment into assets or reserves. The organization's assets have shown consistent growth, increasing from $604,715 in 2014 to $953,167 in 2023, suggesting sound financial management and capacity building. The organization's spending efficiency is commendable, with expenses consistently well below revenue, allowing for asset accumulation. The absence of reported liabilities across all filings further underscores a robust financial position. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of zero officer compensation, which indicates that leadership is volunteer-based, aligning well with its mission as a volunteer fire department.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Highmore Volunteer Fire Dept Inc with a Mission Score of 95 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: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Highmore Volunteer Fire Dept Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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:

$231KTotal Revenue
$112KTotal Expenses
$953KTotal Assets
$953KNet Assets
  • The organization reported a surplus of $119K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is a strong positive for a volunteer fire department, demonstrating a commitment to directing all resources towards its mission rather than administrative salaries.

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 Highmore Volunteer Fire Dept Inc:

  • Consistent financial surplus, e.g., $231,036 revenue vs. $112,335 expenses in 2023.
  • Steady growth in assets, from $604,715 in 2014 to $953,167 in 2023.
  • Zero reported liabilities across all filing periods.
  • 0% officer compensation, indicating a volunteer-driven leadership.
  • Strong program efficiency with expenses consistently well below revenue.

Frequently Asked Questions about Highmore Volunteer Fire Dept Inc

Is Highmore Volunteer Fire Dept Inc a legitimate charity?

Highmore Volunteer Fire Dept Inc (EIN: 20672951) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $229K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Highmore Volunteer Fire Dept Inc spend its money?

Highmore Volunteer Fire Dept Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Highmore Volunteer Fire Dept Inc tax-deductible?

Highmore Volunteer Fire Dept Inc is registered as a tax-exempt nonprofit (EIN: 20672951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Highmore Volunteer Fire Dept Inc's spending goes to programs?

Highmore Volunteer Fire Dept Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Highmore Volunteer Fire Dept Inc compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Highmore Volunteer Fire Dept Inc is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Highmore Volunteer Fire Dept Inc located?

Highmore Volunteer Fire Dept Inc is headquartered in Highmore, South Dakota and files with the IRS under EIN 20672951. It is classified under NTEE code M24.

How many years of IRS 990 filings does Highmore Volunteer Fire Dept Inc have?

Highmore Volunteer Fire Dept Inc 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 $229K in total revenue.

Is Highmore Volunteer Fire Dept Inc a good charity?

Yes, based on the IRS 990 data, Highmore Volunteer Fire Dept Inc appears to be a very good charity. It consistently operates with a financial surplus, has growing assets, no liabilities, and reports 0% officer compensation, indicating efficient use of funds and strong volunteer commitment.

How has the organization's financial health changed over time?

The organization's financial health has steadily improved. Revenue has generally increased, and expenses have remained well below revenue in recent years, leading to consistent asset growth from $604,715 in 2014 to $953,167 in 2023, with no reported liabilities.

What is the organization's approach to executive compensation?

The organization has a strong commitment to volunteerism, as evidenced by 0% officer compensation reported in all available filings. This means no salaries are paid to its officers, ensuring all funds are directed towards operational needs and mission fulfillment.

Filing History

IRS 990 filing history for Highmore Volunteer Fire Dept Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Highmore Volunteer Fire Dept Inc's revenue has grown by 36.2%, moving from $170K to $231K. Total assets increased by 25% over the same period, from $763K to $953K. Total functional expenses fell by 43.1%, from $198K to $112K. In its most recent filing year (2023), Highmore Volunteer Fire Dept Inc reported a surplus of $119K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $231K $112K $953K $0 View 990
2022 $220K $108K $834K $0
2021 $152K $92K $723K $0 View 990
2020 $142K $84K $664K $0
2019 $162K $162K $610K $0 View 990
2018 $136K $131K $614K $0 View 990
2017 $134K $116K $613K $0 View 990
2016 $187K $155K $600K $0 View 990
2015 $155K $181K $574K $0 View 990
2014 $137K $126K $605K $0 View 990
2013 $99K $159K $599K $0 View 990
2012 $114K $222K $654K $0 View 990
2011 $170K $198K $763K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $231K, expenses of $112K, and assets of $953K (revenue +5.1% year-over-year).
  • 2022: Revenue of $220K, expenses of $108K, and assets of $834K (revenue +44.8% year-over-year).
  • 2021: Revenue of $152K, expenses of $92K, and assets of $723K (revenue +6.6% year-over-year).
  • 2020: Revenue of $142K, expenses of $84K, and assets of $664K (revenue -12.0% year-over-year).
  • 2019: Revenue of $162K, expenses of $162K, and assets of $610K (revenue +18.7% year-over-year).
  • 2018: Revenue of $136K, expenses of $131K, and assets of $614K (revenue +2.1% year-over-year).
  • 2017: Revenue of $134K, expenses of $116K, and assets of $613K (revenue -28.5% year-over-year).
  • 2016: Revenue of $187K, expenses of $155K, and assets of $600K (revenue +20.7% year-over-year).
  • 2015: Revenue of $155K, expenses of $181K, and assets of $574K (revenue +13.2% year-over-year).
  • 2014: Revenue of $137K, expenses of $126K, and assets of $605K (revenue +38.0% year-over-year).
  • 2013: Revenue of $99K, expenses of $159K, and assets of $599K (revenue -12.8% year-over-year).
  • 2012: Revenue of $114K, expenses of $222K, and assets of $654K (revenue -33.0% year-over-year).
  • 2011: Revenue of $170K, expenses of $198K, and assets of $763K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Highmore Volunteer Fire Dept Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Highmore Volunteer Fire Dept 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.

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