Meherrin Volunteer Fire & Rescue Inc Engine Co No 5
EIN: 546052431 · Meherrin, VA
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $445K |
| Net Assets | $349K |
Is Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Meherrin Volunteer Fire & Rescue Inc Engine Co No 5
Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 (EIN: 546052431) is a nonprofit organization based in Meherrin, VA. The organization reported total revenue of $504K and total assets of $572K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meherrin Volunteer Fire & Rescue Inc Engine Co No 5's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $436K |
| Total Expenses | $445K |
| Surplus / Deficit | $-8,752 |
| Total Assets | $603K |
| Total Liabilities | $254K |
| Net Assets | $349K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 42.2% |
| Months of Reserves | 16.2 months |
Financial Health Grade: B
In 2022, Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 reported a deficit of $9K with expenses exceeding revenue, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 42.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2022), Meherrin Volunteer Fire & Rescue Inc Engine Co No 5's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -7.0% | +13.3% | -6.7% |
| 2021 | -36.7% | -17.9% | +7.2% |
| 2020 | +98.1% | +18.9% | +71.0% |
| 2019 | +14.8% | -15.1% | -14.1% |
| 2018 | +5.7% | -0.8% | -30.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 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 Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.2%.
Frequently Asked Questions about Meherrin Volunteer Fire & Rescue Inc Engine Co No 5
Is Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 a legitimate charity?
Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 (EIN: 546052431) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $504K. No red flags identified. Financial health grade: B.
How does Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 spend its money?
Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 reported $504K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 tax-deductible?
Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 is registered as a tax-exempt nonprofit (EIN: 546052431). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 located?
Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 is headquartered in Meherrin, Virginia and files with the IRS under EIN 546052431.
How many years of IRS 990 filings does Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 have?
Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 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 $504K in total revenue.
Filing History
IRS 990 filing history for Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Meherrin Volunteer Fire & Rescue Inc Engine Co No 5's revenue has grown by 65.1%, moving from $264K to $436K. Total assets decreased by 26.6% over the same period, from $822K to $603K. Total functional expenses rose by 37.7%, from $323K to $445K. In its most recent filing year (2022), Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 reported a deficit of $9K, with expenses exceeding revenue. The organization holds $254K in liabilities against $603K in assets (debt-to-asset ratio: 42.2%), resulting in net assets of $349K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $436K | $445K | $603K | $254K | — | View 990 |
| 2021 | $469K | $393K | $646K | $288K | — | View 990 |
| 2020 | $741K | $479K | $602K | $347K | — | View 990 |
| 2019 | $374K | $402K | $352K | $360K | — | View 990 |
| 2018 | $326K | $474K | $410K | $389K | — | View 990 |
| 2017 | $308K | $478K | $591K | $421K | — | View 990 |
| 2016 | $266K | $279K | $588K | $249K | — | View 990 |
| 2015 | $238K | $191K | $695K | $272K | — | View 990 |
| 2014 | $246K | $241K | $597K | $221K | — | View 990 |
| 2013 | $318K | $253K | $676K | $305K | — | View 990 |
| 2012 | $272K | $257K | $650K | $344K | — | View 990 |
| 2011 | $228K | $331K | $692K | $400K | — | View 990 |
| 2010 | $264K | $323K | $822K | $426K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $436K, expenses of $445K, and assets of $603K (revenue -7.0% year-over-year).
- 2021: Revenue of $469K, expenses of $393K, and assets of $646K (revenue -36.7% year-over-year).
- 2020: Revenue of $741K, expenses of $479K, and assets of $602K (revenue +98.1% year-over-year).
- 2019: Revenue of $374K, expenses of $402K, and assets of $352K (revenue +14.8% year-over-year).
- 2018: Revenue of $326K, expenses of $474K, and assets of $410K (revenue +5.7% year-over-year).
- 2017: Revenue of $308K, expenses of $478K, and assets of $591K (revenue +15.9% year-over-year).
- 2016: Revenue of $266K, expenses of $279K, and assets of $588K (revenue +11.8% year-over-year).
- 2015: Revenue of $238K, expenses of $191K, and assets of $695K (revenue -3.4% year-over-year).
- 2014: Revenue of $246K, expenses of $241K, and assets of $597K (revenue -22.5% year-over-year).
- 2013: Revenue of $318K, expenses of $253K, and assets of $676K (revenue +16.8% year-over-year).
- 2012: Revenue of $272K, expenses of $257K, and assets of $650K (revenue +19.5% year-over-year).
- 2011: Revenue of $228K, expenses of $331K, and assets of $692K (revenue -13.9% year-over-year).
- 2010: Revenue of $264K, expenses of $323K, and assets of $822K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meherrin Volunteer Fire & Rescue Inc Engine Co No 5:
Data Sources and Methodology
This transparency report for Meherrin Volunteer Fire & Rescue Inc Engine Co No 5 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.