Jacobs Creek Fire Tax District Inc
EIN: 581659195 · Madison, NC
Is Jacobs Creek Fire Tax District Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jacobs Creek Fire Tax District Inc
Jacobs Creek Fire Tax District Inc (EIN: 581659195) is a nonprofit organization based in Madison, NC. The organization reported total revenue of $214K and total assets of $725K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacobs Creek Fire Tax District Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacobs Creek Fire Tax District Inc is a small nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $176K |
| Surplus / Deficit | +$36K |
| Total Assets | $725K |
| Total Liabilities | $479K |
| Net Assets | $246K |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 66.1% |
| Months of Reserves | 49.5 months |
Financial Health Grade: A
In 2024, Jacobs Creek Fire Tax District Inc reported a surplus of $36K with revenue exceeding expenses, holds 49.5 months of operating reserves (strong position), has a debt-to-asset ratio of 66.1% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Jacobs Creek Fire Tax District Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.5% | +16.8% | +2.1% |
| 2023 | +51.8% | +30.1% | +0.5% |
| 2022 | +1.3% | -9.7% | -2.4% |
| 2021 | -25.8% | +10.1% | -5.0% |
| 2020 | +18.8% | -3.3% | +83.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jacobs Creek Fire Tax District 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 Jacobs Creek Fire Tax District 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.1%.
Frequently Asked Questions about Jacobs Creek Fire Tax District Inc
Is Jacobs Creek Fire Tax District Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jacobs Creek Fire Tax District Inc (EIN: 581659195) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jacobs Creek Fire Tax District Inc spend its money?
Detailed spending breakdown data is not yet available for Jacobs Creek Fire Tax District Inc. Check back for updated IRS 990 analysis.
Are donations to Jacobs Creek Fire Tax District Inc tax-deductible?
Jacobs Creek Fire Tax District Inc is registered as a tax-exempt nonprofit (EIN: 581659195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Jacobs Creek Fire Tax District Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Jacobs Creek Fire Tax District Inc's revenue has grown by 134.2%, moving from $91K to $212K. Total assets increased by 11.8% over the same period, from $648K to $725K. Total functional expenses rose by 32.1%, from $133K to $176K. In its most recent filing year (2024), Jacobs Creek Fire Tax District Inc reported a surplus of $36K, with revenue exceeding expenses. The organization holds $479K in liabilities against $725K in assets (debt-to-asset ratio: 66.1%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $212K | $176K | $725K | $479K | — | View 990 |
| 2023 | $182K | $150K | $710K | $500K | — | View 990 |
| 2022 | $120K | $116K | $706K | $528K | — | — |
| 2021 | $118K | $128K | $724K | $550K | — | View 990 |
| 2020 | $159K | $116K | $762K | $578K | — | View 990 |
| 2019 | $134K | $120K | $416K | $276K | — | View 990 |
| 2018 | $126K | $117K | $427K | $301K | — | View 990 |
| 2017 | $122K | $126K | $448K | $331K | — | View 990 |
| 2016 | $119K | $114K | $478K | $356K | — | View 990 |
| 2015 | $112K | $102K | $500K | $383K | — | View 990 |
| 2014 | $110K | $121K | $515K | $408K | — | View 990 |
| 2013 | $92K | $112K | $550K | $432K | — | View 990 |
| 2012 | $88K | $122K | $597K | $458K | — | View 990 |
| 2011 | $91K | $133K | $648K | $475K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $212K, expenses of $176K, and assets of $725K (revenue +16.5% year-over-year).
- 2023: Revenue of $182K, expenses of $150K, and assets of $710K (revenue +51.8% year-over-year).
- 2022: Revenue of $120K, expenses of $116K, and assets of $706K (revenue +1.3% year-over-year).
- 2021: Revenue of $118K, expenses of $128K, and assets of $724K (revenue -25.8% year-over-year).
- 2020: Revenue of $159K, expenses of $116K, and assets of $762K (revenue +18.8% year-over-year).
- 2019: Revenue of $134K, expenses of $120K, and assets of $416K (revenue +6.7% year-over-year).
- 2018: Revenue of $126K, expenses of $117K, and assets of $427K (revenue +3.3% year-over-year).
- 2017: Revenue of $122K, expenses of $126K, and assets of $448K (revenue +2.4% year-over-year).
- 2016: Revenue of $119K, expenses of $114K, and assets of $478K (revenue +6.1% year-over-year).
- 2015: Revenue of $112K, expenses of $102K, and assets of $500K (revenue +1.8% year-over-year).
- 2014: Revenue of $110K, expenses of $121K, and assets of $515K (revenue +19.5% year-over-year).
- 2013: Revenue of $92K, expenses of $112K, and assets of $550K (revenue +4.6% year-over-year).
- 2012: Revenue of $88K, expenses of $122K, and assets of $597K (revenue -2.8% year-over-year).
- 2011: Revenue of $91K, expenses of $133K, and assets of $648K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacobs Creek Fire Tax District Inc:
Data Sources and Methodology
This transparency report for Jacobs Creek Fire Tax District 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.