Malvern Volunteer Rescueinc
EIN: 421240719 · Malvern, IA · NTEE: E62Z
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $125K |
| Net Assets | $426K |
Is Malvern Volunteer Rescueinc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Malvern Volunteer Rescueinc
Malvern Volunteer Rescueinc (EIN: 421240719) is a nonprofit organization based in Malvern, IA, classified under NTEE code E62Z. The organization reported total revenue of $169K and total assets of $437K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Malvern Volunteer Rescueinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Malvern Volunteer Rescueinc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $125K |
| Surplus / Deficit | +$69K |
| Total Assets | $427K |
| Total Liabilities | $1K |
| Net Assets | $426K |
| Operating Margin | 35.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 41.1 months |
Financial Health Grade: A
In 2023, Malvern Volunteer Rescueinc reported a surplus of $69K with revenue exceeding expenses, holds 41.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Malvern Volunteer Rescueinc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +8.8% | +19.1% |
| 2022 | -18.9% | +5.2% | +18.9% |
| 2021 | +77.9% | +1.2% | +51.2% |
| 2020 | +46.0% | -12.7% | +5.8% |
| 2019 | -43.6% | +2.5% | -18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Malvern Volunteer Rescueinc 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 Malvern Volunteer Rescueinc 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 $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Malvern Volunteer Rescueinc
Is Malvern Volunteer Rescueinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Malvern Volunteer Rescueinc (EIN: 421240719) insufficient data. 0 red flags identified, 0 strengths noted.
How does Malvern Volunteer Rescueinc spend its money?
Detailed spending breakdown data is not yet available for Malvern Volunteer Rescueinc. Check back for updated IRS 990 analysis.
Are donations to Malvern Volunteer Rescueinc tax-deductible?
Malvern Volunteer Rescueinc is registered as a tax-exempt nonprofit (EIN: 421240719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Malvern Volunteer Rescueinc located?
Malvern Volunteer Rescueinc is headquartered in Malvern, Iowa and files with the IRS under EIN 421240719. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does Malvern Volunteer Rescueinc have?
Malvern Volunteer Rescueinc has 13 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 $169K in total revenue.
Filing History
IRS 990 filing history for Malvern Volunteer Rescueinc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Malvern Volunteer Rescueinc's revenue has grown by 125.8%, moving from $86K to $194K. Total assets increased by 81.8% over the same period, from $235K to $427K. Total functional expenses fell by 1.8%, from $127K to $125K. In its most recent filing year (2023), Malvern Volunteer Rescueinc reported a surplus of $69K, with revenue exceeding expenses. The organization holds $1K in liabilities against $427K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $426K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $125K | $427K | $1K | — | — |
| 2022 | $171K | $115K | $359K | $2K | — | View 990 |
| 2021 | $211K | $109K | $302K | $1K | — | View 990 |
| 2020 | $119K | $108K | $200K | $1K | — | — |
| 2019 | $81K | $124K | $189K | $1K | — | View 990 |
| 2018 | $144K | $120K | $231K | $1K | — | View 990 |
| 2017 | $108K | $112K | $207K | $1K | — | View 990 |
| 2016 | $110K | $104K | $210K | $1K | — | View 990 |
| 2015 | $108K | $95K | $204K | $1K | — | View 990 |
| 2014 | $135K | $105K | $192K | $1K | — | View 990 |
| 2013 | $116K | $119K | $162K | $2K | — | View 990 |
| 2012 | $97K | $166K | $167K | $3K | — | View 990 |
| 2011 | $86K | $127K | $235K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $125K, and assets of $427K (revenue +13.4% year-over-year).
- 2022: Revenue of $171K, expenses of $115K, and assets of $359K (revenue -18.9% year-over-year).
- 2021: Revenue of $211K, expenses of $109K, and assets of $302K (revenue +77.9% year-over-year).
- 2020: Revenue of $119K, expenses of $108K, and assets of $200K (revenue +46.0% year-over-year).
- 2019: Revenue of $81K, expenses of $124K, and assets of $189K (revenue -43.6% year-over-year).
- 2018: Revenue of $144K, expenses of $120K, and assets of $231K (revenue +32.9% year-over-year).
- 2017: Revenue of $108K, expenses of $112K, and assets of $207K (revenue -1.8% year-over-year).
- 2016: Revenue of $110K, expenses of $104K, and assets of $210K (revenue +2.2% year-over-year).
- 2015: Revenue of $108K, expenses of $95K, and assets of $204K (revenue -20.1% year-over-year).
- 2014: Revenue of $135K, expenses of $105K, and assets of $192K (revenue +16.9% year-over-year).
- 2013: Revenue of $116K, expenses of $119K, and assets of $162K (revenue +19.6% year-over-year).
- 2012: Revenue of $97K, expenses of $166K, and assets of $167K (revenue +12.6% year-over-year).
- 2011: Revenue of $86K, expenses of $127K, and assets of $235K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Malvern Volunteer Rescueinc:
Data Sources and Methodology
This transparency report for Malvern Volunteer Rescueinc 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.