Mardela Springs Volunteer Fire Company Incorporated
EIN: 521154217 · Mardela Spgs, MD · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $754K |
| Net Assets | $2.7M |
Is Mardela Springs Volunteer Fire Company Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mardela Springs Volunteer Fire Company Incorporated
Mardela Springs Volunteer Fire Company Incorporated (EIN: 521154217) is a nonprofit organization based in Mardela Spgs, MD, classified under NTEE code M24. The organization reported total revenue of $1.0M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mardela Springs Volunteer Fire Company Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mardela Springs Volunteer Fire Company Incorporated is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). 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 | $844K |
| Total Expenses | $754K |
| Surplus / Deficit | +$89K |
| Total Assets | $2.7M |
| Net Assets | $2.7M |
| Operating Margin | 10.6% |
| Months of Reserves | 43.6 months |
Financial Health Grade: A
In 2023, Mardela Springs Volunteer Fire Company Incorporated reported a surplus of $89K with revenue exceeding expenses, holds 43.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mardela Springs Volunteer Fire Company Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | +13.3% | +2.5% |
| 2022 | +25.4% | +17.6% | +5.5% |
| 2021 | -32.8% | +5.9% | +4.7% |
| 2020 | +84.4% | +5.1% | +27.2% |
| 2019 | -2.2% | +5.8% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mardela Springs Volunteer Fire Company Incorporated 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 Mardela Springs Volunteer Fire Company Incorporated 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 $89K, with revenue exceeding expenses.
Frequently Asked Questions about Mardela Springs Volunteer Fire Company Incorporated
Is Mardela Springs Volunteer Fire Company Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Mardela Springs Volunteer Fire Company Incorporated (EIN: 521154217) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mardela Springs Volunteer Fire Company Incorporated spend its money?
Detailed spending breakdown data is not yet available for Mardela Springs Volunteer Fire Company Incorporated. Check back for updated IRS 990 analysis.
Are donations to Mardela Springs Volunteer Fire Company Incorporated tax-deductible?
Mardela Springs Volunteer Fire Company Incorporated is registered as a tax-exempt nonprofit (EIN: 521154217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mardela Springs Volunteer Fire Company Incorporated located?
Mardela Springs Volunteer Fire Company Incorporated is headquartered in Mardela Spgs, Maryland and files with the IRS under EIN 521154217. It is classified under NTEE code M24.
How many years of IRS 990 filings does Mardela Springs Volunteer Fire Company Incorporated have?
Mardela Springs Volunteer Fire Company Incorporated 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Mardela Springs Volunteer Fire Company Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mardela Springs Volunteer Fire Company Incorporated's revenue has grown by 111.8%, moving from $398K to $844K. Total assets increased by 100.9% over the same period, from $1.4M to $2.7M. Total functional expenses rose by 52.2%, from $495K to $754K. In its most recent filing year (2023), Mardela Springs Volunteer Fire Company Incorporated reported a surplus of $89K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $844K | $754K | $2.7M | $0 | — | — |
| 2022 | $952K | $665K | $2.7M | $10K | — | View 990 |
| 2021 | $759K | $566K | $2.5M | $158K | — | View 990 |
| 2020 | $1.1M | $534K | $2.4M | $239K | — | View 990 |
| 2019 | $613K | $508K | $1.9M | $318K | — | View 990 |
| 2018 | $626K | $480K | $1.9M | $397K | — | View 990 |
| 2017 | $613K | $426K | $1.8M | $472K | — | View 990 |
| 2016 | $502K | $453K | $1.5M | $397K | — | View 990 |
| 2015 | $440K | $396K | $1.4M | $311K | — | View 990 |
| 2014 | $428K | $366K | $1.3M | $351K | — | View 990 |
| 2013 | $428K | $410K | $1.3M | $391K | — | View 990 |
| 2012 | $424K | $405K | $1.3M | $430K | — | View 990 |
| 2011 | $398K | $495K | $1.4M | $388K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $844K, expenses of $754K, and assets of $2.7M (revenue -11.4% year-over-year).
- 2022: Revenue of $952K, expenses of $665K, and assets of $2.7M (revenue +25.4% year-over-year).
- 2021: Revenue of $759K, expenses of $566K, and assets of $2.5M (revenue -32.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $534K, and assets of $2.4M (revenue +84.4% year-over-year).
- 2019: Revenue of $613K, expenses of $508K, and assets of $1.9M (revenue -2.2% year-over-year).
- 2018: Revenue of $626K, expenses of $480K, and assets of $1.9M (revenue +2.2% year-over-year).
- 2017: Revenue of $613K, expenses of $426K, and assets of $1.8M (revenue +22.2% year-over-year).
- 2016: Revenue of $502K, expenses of $453K, and assets of $1.5M (revenue +13.9% year-over-year).
- 2015: Revenue of $440K, expenses of $396K, and assets of $1.4M (revenue +2.8% year-over-year).
- 2014: Revenue of $428K, expenses of $366K, and assets of $1.3M (revenue +0.1% year-over-year).
- 2013: Revenue of $428K, expenses of $410K, and assets of $1.3M (revenue +0.8% year-over-year).
- 2012: Revenue of $424K, expenses of $405K, and assets of $1.3M (revenue +6.5% year-over-year).
- 2011: Revenue of $398K, expenses of $495K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mardela Springs Volunteer Fire Company Incorporated:
Data Sources and Methodology
This transparency report for Mardela Springs Volunteer Fire Company Incorporated 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.