Low Moor Volunteer Fire Department
EIN: 421012808 · Low Moor, IA
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $74K |
| Net Assets | $357K |
Is Low Moor Volunteer Fire Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Low Moor Volunteer Fire Department
Low Moor Volunteer Fire Department (EIN: 421012808) is a nonprofit organization based in Low Moor, IA. The organization reported total revenue of $178K and total assets of $634K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Low Moor Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Low Moor Volunteer Fire Department is a small nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $74K |
| Surplus / Deficit | $-17,098 |
| Total Assets | $634K |
| Total Liabilities | $276K |
| Net Assets | $357K |
| Operating Margin | -30.0% |
| Debt-to-Asset Ratio | 43.6% |
| Months of Reserves | 102.7 months |
Financial Health Grade: B
In 2023, Low Moor Volunteer Fire Department reported a deficit of $17K with expenses exceeding revenue, holds 102.7 months of operating reserves (strong position), has a debt-to-asset ratio of 43.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Low Moor Volunteer Fire Department's revenue has declined at a compound annual growth rate (CAGR) of -13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.8% | -38.9% | +16.3% |
| 2022 | +50.3% | +36.7% | -8.0% |
| 2021 | -38.9% | -11.3% | -0.7% |
| 2020 | -32.5% | -10.4% | +24.7% |
| 2019 | +26.3% | +43.6% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Low Moor Volunteer Fire Department 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 Low Moor Volunteer Fire Department 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 deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.6%.
Frequently Asked Questions about Low Moor Volunteer Fire Department
Is Low Moor Volunteer Fire Department a legitimate charity?
Low Moor Volunteer Fire Department (EIN: 421012808) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $178K. No red flags identified. Financial health grade: B.
How does Low Moor Volunteer Fire Department spend its money?
Low Moor Volunteer Fire Department reported $178K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Low Moor Volunteer Fire Department tax-deductible?
Low Moor Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 421012808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Low Moor Volunteer Fire Department located?
Low Moor Volunteer Fire Department is headquartered in Low Moor, Iowa and files with the IRS under EIN 421012808.
How many years of IRS 990 filings does Low Moor Volunteer Fire Department have?
Low Moor Volunteer Fire Department 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 $178K in total revenue.
Filing History
IRS 990 filing history for Low Moor Volunteer Fire Department showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Low Moor Volunteer Fire Department's revenue has declined by 79.2%, moving from $274K to $57K. Total assets decreased by 9.4% over the same period, from $700K to $634K. Total functional expenses fell by 52.8%, from $157K to $74K. In its most recent filing year (2023), Low Moor Volunteer Fire Department reported a deficit of $17K, with expenses exceeding revenue. The organization holds $276K in liabilities against $634K in assets (debt-to-asset ratio: 43.6%), resulting in net assets of $357K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $74K | $634K | $276K | — | View 990 |
| 2022 | $86K | $121K | $545K | $352K | — | — |
| 2021 | $57K | $89K | $592K | $364K | — | — |
| 2020 | $94K | $100K | $597K | $337K | — | View 990 |
| 2019 | $139K | $112K | $479K | $212K | — | View 990 |
| 2018 | $110K | $78K | $464K | $225K | — | View 990 |
| 2017 | $70K | $79K | $439K | $232K | — | View 990 |
| 2016 | $74K | $88K | $460K | $244K | — | View 990 |
| 2015 | $70K | $93K | $496K | $266K | — | View 990 |
| 2014 | $96K | $108K | $544K | $290K | — | View 990 |
| 2013 | $56K | $158K | $574K | $309K | — | View 990 |
| 2012 | $274K | $157K | $700K | $333K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $74K, and assets of $634K (revenue -33.8% year-over-year).
- 2022: Revenue of $86K, expenses of $121K, and assets of $545K (revenue +50.3% year-over-year).
- 2021: Revenue of $57K, expenses of $89K, and assets of $592K (revenue -38.9% year-over-year).
- 2020: Revenue of $94K, expenses of $100K, and assets of $597K (revenue -32.5% year-over-year).
- 2019: Revenue of $139K, expenses of $112K, and assets of $479K (revenue +26.3% year-over-year).
- 2018: Revenue of $110K, expenses of $78K, and assets of $464K (revenue +58.0% year-over-year).
- 2017: Revenue of $70K, expenses of $79K, and assets of $439K (revenue -5.4% year-over-year).
- 2016: Revenue of $74K, expenses of $88K, and assets of $460K (revenue +5.8% year-over-year).
- 2015: Revenue of $70K, expenses of $93K, and assets of $496K (revenue -27.3% year-over-year).
- 2014: Revenue of $96K, expenses of $108K, and assets of $544K (revenue +69.4% year-over-year).
- 2013: Revenue of $56K, expenses of $158K, and assets of $574K (revenue -79.4% year-over-year).
- 2012: Revenue of $274K, expenses of $157K, and assets of $700K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Low Moor Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Low Moor 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.