Kalona Volunteer Fire Department
Kalona Volunteer Fire Department consistently grows assets with no reported officer compensation.
EIN: 208734153 · Kalona, IA · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $468K |
| Total Expenses | $141K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $942K |
| Transparency Score | 95/100 |
Is Kalona Volunteer Fire Department Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kalona Volunteer Fire Department directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kalona Volunteer Fire Department
Kalona Volunteer Fire Department (EIN: 208734153) is a nonprofit organization based in Kalona, IA, classified under NTEE code M24. The organization reported total revenue of $468K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kalona Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kalona Volunteer Fire Department is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $205K |
| Total Expenses | $141K |
| Surplus / Deficit | +$64K |
| Total Assets | $942K |
| Net Assets | $942K |
| Operating Margin | 31.3% |
| Months of Reserves | 80.1 months |
Financial Health Grade: A
In 2023, Kalona Volunteer Fire Department reported a surplus of $64K with revenue exceeding expenses, holds 80.1 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Kalona Volunteer Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.1% | +23.3% | +7.3% |
| 2022 | +2.7% | -10.5% | +11.5% |
| 2021 | -10.9% | -36.7% | +10.1% |
| 2020 | +58.7% | +13.9% | +7.4% |
| 2019 | +16.0% | +6.9% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
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 Kalona Volunteer Fire Department 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, Kalona Volunteer Fire Department 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:
- The organization reported a surplus of $64K, 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, which is highly commendable for a nonprofit of its size with assets approaching $1 million.
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 Kalona Volunteer Fire Department:
- No reported officer compensation across all filings, indicating high volunteerism and direct mission spending.
- Consistent growth in assets, from $666,033 in 2019 to $942,172 in 2023, demonstrating financial stability.
- No reported liabilities in any filing, indicating strong financial management and low risk.
- Revenues consistently exceeding expenses in recent years (e.g., 2023 revenue $205,381 vs. expenses $141,179).
- Strong program focus inherent in its NTEE code (M24 - Fire Prevention & Protection).
Frequently Asked Questions about Kalona Volunteer Fire Department
Is Kalona Volunteer Fire Department a legitimate charity?
Based on AI analysis of IRS 990 filings, Kalona Volunteer Fire Department (EIN: 208734153) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Kalona Volunteer Fire Department spend its money?
Kalona Volunteer Fire Department directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kalona Volunteer Fire Department tax-deductible?
Kalona Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 208734153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kalona Volunteer Fire Department CEO make?
Kalona Volunteer Fire Department's highest-compensated officer earns $1 annually. The organization reported $468K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kalona Volunteer Fire Department's spending goes to programs?
Kalona Volunteer Fire Department directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kalona Volunteer Fire Department compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Kalona Volunteer Fire Department 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 Kalona Volunteer Fire Department located?
Kalona Volunteer Fire Department is headquartered in Kalona, Iowa and files with the IRS under EIN 208734153. It is classified under NTEE code M24.
How many years of IRS 990 filings does Kalona Volunteer Fire Department have?
Kalona Volunteer Fire Department has 10 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 $468K in total revenue.
Is Kalona Volunteer Fire Department a good charity?
Yes, based on the available IRS 990 data, the Kalona Volunteer Fire Department appears to be a very good charity. It consistently manages its finances well, has no reported officer compensation, and maintains a strong asset base with no liabilities.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly, with assets growing from $666,033 in 2019 to $942,172 in 2023, and revenues consistently exceeding expenses in recent years (e.g., $205,381 revenue vs. $141,179 expenses in 2023).
Does the Kalona Volunteer Fire Department spend efficiently?
Yes, the Kalona Volunteer Fire Department demonstrates high spending efficiency, primarily due to 0% reported officer compensation and a consistent track record of managing expenses below revenue in recent periods, allowing for asset growth.
Filing History
IRS 990 filing history for Kalona Volunteer Fire Department showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Kalona Volunteer Fire Department's revenue has grown by 76.9%, moving from $116K to $205K. Total assets decreased by 0.4% over the same period, from $946K to $942K. Total functional expenses fell by 21%, from $179K to $141K. In its most recent filing year (2023), Kalona Volunteer Fire Department reported a surplus of $64K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $205K | $141K | $942K | $0 | — | View 990 |
| 2022 | $205K | $114K | $878K | $0 | — | View 990 |
| 2021 | $200K | $128K | $787K | $0 | — | View 990 |
| 2020 | $224K | $202K | $715K | $0 | — | View 990 |
| 2019 | $141K | $177K | $666K | $0 | — | View 990 |
| 2018 | $122K | $166K | $702K | $0 | — | View 990 |
| 2017 | $116K | $188K | $746K | $0 | — | View 990 |
| 2016 | $99K | $165K | $818K | $0 | — | View 990 |
| 2015 | $89K | $151K | $884K | $0 | — | View 990 |
| 2014 | $116K | $179K | $946K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $205K, expenses of $141K, and assets of $942K (revenue +0.1% year-over-year).
- 2022: Revenue of $205K, expenses of $114K, and assets of $878K (revenue +2.7% year-over-year).
- 2021: Revenue of $200K, expenses of $128K, and assets of $787K (revenue -10.9% year-over-year).
- 2020: Revenue of $224K, expenses of $202K, and assets of $715K (revenue +58.7% year-over-year).
- 2019: Revenue of $141K, expenses of $177K, and assets of $666K (revenue +16.0% year-over-year).
- 2018: Revenue of $122K, expenses of $166K, and assets of $702K (revenue +5.1% year-over-year).
- 2017: Revenue of $116K, expenses of $188K, and assets of $746K (revenue +16.6% year-over-year).
- 2016: Revenue of $99K, expenses of $165K, and assets of $818K (revenue +11.3% year-over-year).
- 2015: Revenue of $89K, expenses of $151K, and assets of $884K (revenue -23.1% year-over-year).
- 2014: Revenue of $116K, expenses of $179K, and assets of $946K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kalona Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Kalona Volunteer Fire 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.