Luverne Rescue Squad Inc
EIN: 631139139 · Luverne, AL · NTEE: M23
| Metric | Value |
|---|---|
| Total Revenue | $695K |
| Total Expenses | $692K |
| Net Assets | $35K |
Is Luverne Rescue Squad Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Luverne Rescue Squad Inc
Luverne Rescue Squad Inc (EIN: 631139139) is a nonprofit organization based in Luverne, AL, classified under NTEE code M23. The organization reported total revenue of $695K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Luverne Rescue Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Luverne Rescue Squad Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $592K |
| Total Expenses | $692K |
| Surplus / Deficit | $-100,544 |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | -17.0% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2023, Luverne Rescue Squad Inc reported a deficit of $101K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2020–2023), Luverne Rescue Squad Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.8% | +4.6% | -74.3% |
| 2022 | +15.2% | +4.5% | +22.2% |
| 2021 | -10.9% | +6.2% | -25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Luverne Rescue Squad 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 Luverne Rescue Squad 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $101K, with expenses exceeding revenue.
Frequently Asked Questions about Luverne Rescue Squad Inc
Is Luverne Rescue Squad Inc a legitimate charity?
Luverne Rescue Squad Inc (EIN: 631139139) is a registered tax-exempt nonprofit based in Alabama. It has 4 years of IRS 990 filings on record. Total revenue: $695K. No red flags identified. Financial health grade: C.
How does Luverne Rescue Squad Inc spend its money?
Luverne Rescue Squad Inc reported $695K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Luverne Rescue Squad Inc tax-deductible?
Luverne Rescue Squad Inc is registered as a tax-exempt nonprofit (EIN: 631139139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Luverne Rescue Squad Inc located?
Luverne Rescue Squad Inc is headquartered in Luverne, Alabama and files with the IRS under EIN 631139139. It is classified under NTEE code M23.
How many years of IRS 990 filings does Luverne Rescue Squad Inc have?
Luverne Rescue Squad Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $695K in total revenue.
Filing History
IRS 990 filing history for Luverne Rescue Squad Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Luverne Rescue Squad Inc's revenue has declined by 11.5%, moving from $669K to $592K. Total assets decreased by 76.5% over the same period, from $148K to $35K. Total functional expenses rose by 16.2%, from $596K to $692K. In its most recent filing year (2023), Luverne Rescue Squad Inc reported a deficit of $101K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $592K | $692K | $35K | $0 | — | View 990 |
| 2022 | $686K | $661K | $135K | $0 | — | View 990 |
| 2021 | $595K | $633K | $111K | $0 | — | View 990 |
| 2020 | $669K | $596K | $148K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $592K, expenses of $692K, and assets of $35K (revenue -13.8% year-over-year).
- 2022: Revenue of $686K, expenses of $661K, and assets of $135K (revenue +15.2% year-over-year).
- 2021: Revenue of $595K, expenses of $633K, and assets of $111K (revenue -10.9% year-over-year).
- 2020: Revenue of $669K, expenses of $596K, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Luverne Rescue Squad Inc:
Data Sources and Methodology
This transparency report for Luverne Rescue Squad 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.