Leitersburg Volunteer Fire Company
EIN: 521219075 · Hagerstown, MD
| Metric | Value |
|---|---|
| Total Revenue | $331K |
| Total Expenses | $266K |
| Net Assets | $1.9M |
Is Leitersburg Volunteer Fire Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leitersburg Volunteer Fire Company
Leitersburg Volunteer Fire Company (EIN: 521219075) is a nonprofit organization based in Hagerstown, MD. The organization reported total revenue of $331K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leitersburg Volunteer Fire Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leitersburg Volunteer Fire Company is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $673K |
| Total Expenses | $266K |
| Surplus / Deficit | +$408K |
| Total Assets | $2.4M |
| Total Liabilities | $573K |
| Net Assets | $1.9M |
| Operating Margin | 60.5% |
| Debt-to-Asset Ratio | 23.5% |
| Months of Reserves | 109.9 months |
Financial Health Grade: A
In 2023, Leitersburg Volunteer Fire Company reported a surplus of $408K with revenue exceeding expenses, holds 109.9 months of operating reserves (strong position), has a debt-to-asset ratio of 23.5% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Leitersburg Volunteer Fire Company's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +107.9% | +8.3% | +15.6% |
| 2022 | +46.5% | +23.8% | -0.3% |
| 2021 | -39.3% | -10.6% | -2.6% |
| 2020 | +84.3% | +3.7% | +18.0% |
| 2019 | -10.4% | +10.6% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leitersburg Volunteer Fire Company 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 Leitersburg Volunteer Fire Company 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $408K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.5%.
Frequently Asked Questions about Leitersburg Volunteer Fire Company
Is Leitersburg Volunteer Fire Company a legitimate charity?
Leitersburg Volunteer Fire Company (EIN: 521219075) is a registered tax-exempt nonprofit based in Maryland. It has 12 years of IRS 990 filings on record. Total revenue: $331K. No red flags identified. Financial health grade: A.
How does Leitersburg Volunteer Fire Company spend its money?
Leitersburg Volunteer Fire Company reported $331K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Leitersburg Volunteer Fire Company tax-deductible?
Leitersburg Volunteer Fire Company is registered as a tax-exempt nonprofit (EIN: 521219075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leitersburg Volunteer Fire Company located?
Leitersburg Volunteer Fire Company is headquartered in Hagerstown, Maryland and files with the IRS under EIN 521219075.
How many years of IRS 990 filings does Leitersburg Volunteer Fire Company have?
Leitersburg Volunteer Fire Company has 12 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 $331K in total revenue.
Filing History
IRS 990 filing history for Leitersburg Volunteer Fire Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Leitersburg Volunteer Fire Company's revenue has grown by 215.3%, moving from $214K to $673K. Total assets increased by 82.5% over the same period, from $1.3M to $2.4M. Total functional expenses rose by 42.9%, from $186K to $266K. In its most recent filing year (2023), Leitersburg Volunteer Fire Company reported a surplus of $408K, with revenue exceeding expenses. The organization holds $573K in liabilities against $2.4M in assets (debt-to-asset ratio: 23.5%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $673K | $266K | $2.4M | $573K | — | View 990 |
| 2022 | $324K | $245K | $2.1M | $652K | — | View 990 |
| 2021 | $221K | $198K | $2.1M | $736K | — | — |
| 2020 | $364K | $222K | $2.2M | $815K | — | View 990 |
| 2019 | $197K | $214K | $1.8M | $627K | — | View 990 |
| 2018 | $220K | $193K | $1.9M | $686K | — | View 990 |
| 2017 | $142K | $241K | $1.9M | $742K | — | View 990 |
| 2016 | $636K | $221K | $2.1M | $798K | — | View 990 |
| 2015 | $187K | $196K | $1.2M | $351K | — | View 990 |
| 2014 | $177K | $186K | $1.3M | $403K | — | View 990 |
| 2013 | $191K | $184K | $1.3M | $439K | — | View 990 |
| 2012 | $214K | $186K | $1.3M | $439K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $673K, expenses of $266K, and assets of $2.4M (revenue +107.9% year-over-year).
- 2022: Revenue of $324K, expenses of $245K, and assets of $2.1M (revenue +46.5% year-over-year).
- 2021: Revenue of $221K, expenses of $198K, and assets of $2.1M (revenue -39.3% year-over-year).
- 2020: Revenue of $364K, expenses of $222K, and assets of $2.2M (revenue +84.3% year-over-year).
- 2019: Revenue of $197K, expenses of $214K, and assets of $1.8M (revenue -10.4% year-over-year).
- 2018: Revenue of $220K, expenses of $193K, and assets of $1.9M (revenue +55.7% year-over-year).
- 2017: Revenue of $142K, expenses of $241K, and assets of $1.9M (revenue -77.7% year-over-year).
- 2016: Revenue of $636K, expenses of $221K, and assets of $2.1M (revenue +239.9% year-over-year).
- 2015: Revenue of $187K, expenses of $196K, and assets of $1.2M (revenue +5.7% year-over-year).
- 2014: Revenue of $177K, expenses of $186K, and assets of $1.3M (revenue -7.4% year-over-year).
- 2013: Revenue of $191K, expenses of $184K, and assets of $1.3M (revenue -10.5% year-over-year).
- 2012: Revenue of $214K, expenses of $186K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leitersburg Volunteer Fire Company:
Data Sources and Methodology
This transparency report for Leitersburg Volunteer Fire Company 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.