Middletown Volunteer Fire Company
EIN: 526072749 · Middletown, MD · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $590K |
| Total Expenses | $409K |
| Net Assets | $2.1M |
Is Middletown Volunteer Fire Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Middletown Volunteer Fire Company
Middletown Volunteer Fire Company (EIN: 526072749) is a nonprofit organization based in Middletown, MD, classified under NTEE code M24. The organization reported total revenue of $590K and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Middletown Volunteer Fire Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Middletown Volunteer Fire Company is a small nonprofit that has been operating for 11 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $446K |
| Total Expenses | $409K |
| Surplus / Deficit | +$36K |
| Total Assets | $3.5M |
| Total Liabilities | $1.3M |
| Net Assets | $2.1M |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 38.3% |
| Months of Reserves | 101.4 months |
Financial Health Grade: A
In 2024, Middletown Volunteer Fire Company reported a surplus of $36K with revenue exceeding expenses, holds 101.4 months of operating reserves (strong position), has a debt-to-asset ratio of 38.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Middletown Volunteer Fire Company's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.5% | +12.7% | -1.5% |
| 2023 | -2.5% | +11.8% | +0.7% |
| 2022 | -37.4% | -19.0% | +1.6% |
| 2021 | +108.5% | +13.3% | +9.3% |
| 2020 | -22.3% | -19.5% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Middletown Volunteer Fire Company 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 Middletown Volunteer Fire Company 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.3%.
Frequently Asked Questions about Middletown Volunteer Fire Company
Is Middletown Volunteer Fire Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Middletown Volunteer Fire Company (EIN: 526072749) insufficient data. 0 red flags identified, 0 strengths noted.
How does Middletown Volunteer Fire Company spend its money?
Detailed spending breakdown data is not yet available for Middletown Volunteer Fire Company. Check back for updated IRS 990 analysis.
Are donations to Middletown Volunteer Fire Company tax-deductible?
Middletown Volunteer Fire Company is registered as a tax-exempt nonprofit (EIN: 526072749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Middletown Volunteer Fire Company located?
Middletown Volunteer Fire Company is headquartered in Middletown, Maryland and files with the IRS under EIN 526072749. It is classified under NTEE code M24.
How many years of IRS 990 filings does Middletown Volunteer Fire Company have?
Middletown Volunteer Fire Company has 14 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 $590K in total revenue.
Filing History
IRS 990 filing history for Middletown Volunteer Fire Company showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Middletown Volunteer Fire Company's revenue has grown by 40.3%, moving from $317K to $446K. Total assets increased by 106.7% over the same period, from $1.7M to $3.5M. Total functional expenses rose by 8.8%, from $376K to $409K. In its most recent filing year (2024), Middletown Volunteer Fire Company reported a surplus of $36K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $3.5M in assets (debt-to-asset ratio: 38.3%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $446K | $409K | $3.5M | $1.3M | — | — |
| 2023 | $452K | $363K | $3.5M | $1.4M | — | View 990 |
| 2022 | $464K | $325K | $3.5M | $1.5M | — | View 990 |
| 2021 | $742K | $401K | $3.4M | $1.6M | — | — |
| 2020 | $356K | $354K | $3.1M | $1.6M | — | View 990 |
| 2019 | $458K | $439K | $3.2M | $1.7M | — | View 990 |
| 2018 | $419K | $418K | $3.2M | $1.7M | — | View 990 |
| 2017 | $399K | $444K | $3.2M | $1.7M | — | View 990 |
| 2016 | $448K | $551K | $3.4M | $1.8M | — | View 990 |
| 2015 | $425K | $506K | $3.5M | $1.9M | — | View 990 |
| 2014 | $472K | $443K | $3.7M | $2.0M | — | View 990 |
| 2013 | $356K | $288K | $1.7M | $2K | — | View 990 |
| 2012 | $344K | $377K | $1.6M | $2K | — | View 990 |
| 2011 | $317K | $376K | $1.7M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $446K, expenses of $409K, and assets of $3.5M (revenue -1.5% year-over-year).
- 2023: Revenue of $452K, expenses of $363K, and assets of $3.5M (revenue -2.5% year-over-year).
- 2022: Revenue of $464K, expenses of $325K, and assets of $3.5M (revenue -37.4% year-over-year).
- 2021: Revenue of $742K, expenses of $401K, and assets of $3.4M (revenue +108.5% year-over-year).
- 2020: Revenue of $356K, expenses of $354K, and assets of $3.1M (revenue -22.3% year-over-year).
- 2019: Revenue of $458K, expenses of $439K, and assets of $3.2M (revenue +9.4% year-over-year).
- 2018: Revenue of $419K, expenses of $418K, and assets of $3.2M (revenue +5.0% year-over-year).
- 2017: Revenue of $399K, expenses of $444K, and assets of $3.2M (revenue -10.9% year-over-year).
- 2016: Revenue of $448K, expenses of $551K, and assets of $3.4M (revenue +5.3% year-over-year).
- 2015: Revenue of $425K, expenses of $506K, and assets of $3.5M (revenue -9.8% year-over-year).
- 2014: Revenue of $472K, expenses of $443K, and assets of $3.7M (revenue +32.4% year-over-year).
- 2013: Revenue of $356K, expenses of $288K, and assets of $1.7M (revenue +3.5% year-over-year).
- 2012: Revenue of $344K, expenses of $377K, and assets of $1.6M (revenue +8.4% year-over-year).
- 2011: Revenue of $317K, expenses of $376K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Middletown Volunteer Fire Company:
Data Sources and Methodology
This transparency report for Middletown Volunteer Fire Company 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.