Morgan County Rescue Squad
EIN: 570887783 · Decatur, AL · NTEE: M230
| Metric | Value |
|---|---|
| Total Revenue | $119K |
| Total Expenses | $91K |
| Net Assets | $91K |
Is Morgan County Rescue Squad Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morgan County Rescue Squad
Morgan County Rescue Squad (EIN: 570887783) is a nonprofit organization based in Decatur, AL, classified under NTEE code M230. The organization reported total revenue of $119K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morgan County Rescue Squad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morgan County Rescue Squad is a small nonprofit that has been operating for 37 years, with 9 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $91K |
| Surplus / Deficit | +$53K |
| Total Assets | $141K |
| Total Liabilities | $51K |
| Net Assets | $91K |
| Operating Margin | 36.8% |
| Debt-to-Asset Ratio | 35.8% |
| Months of Reserves | 18.7 months |
Financial Health Grade: A
In 2022, Morgan County Rescue Squad reported a surplus of $53K with revenue exceeding expenses, holds 18.7 months of operating reserves (strong position), has a debt-to-asset ratio of 35.8% (moderate leverage).
Financial Trends
Over 9 years of filings (2012–2022), Morgan County Rescue Squad's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +11.4% | -50.3% | -7.7% |
| 2021 | -39.4% | +69.0% | -13.5% |
| 2020 | +159.1% | +64.8% | -69.3% |
| 2019 | -21.4% | -9.8% | +1.5% |
| 2018 | +6.4% | -5.3% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morgan County Rescue Squad 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 Morgan County Rescue Squad 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 surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.8%.
Frequently Asked Questions about Morgan County Rescue Squad
Is Morgan County Rescue Squad a legitimate charity?
Morgan County Rescue Squad (EIN: 570887783) is a registered tax-exempt nonprofit based in Alabama. It has 9 years of IRS 990 filings on record. Total revenue: $119K. No red flags identified. Financial health grade: A.
How does Morgan County Rescue Squad spend its money?
Morgan County Rescue Squad reported $119K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Morgan County Rescue Squad tax-deductible?
Morgan County Rescue Squad is registered as a tax-exempt nonprofit (EIN: 570887783). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morgan County Rescue Squad located?
Morgan County Rescue Squad is headquartered in Decatur, Alabama and files with the IRS under EIN 570887783. It is classified under NTEE code M230.
How many years of IRS 990 filings does Morgan County Rescue Squad have?
Morgan County Rescue Squad has 9 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 $119K in total revenue.
Filing History
IRS 990 filing history for Morgan County Rescue Squad showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2022), Morgan County Rescue Squad's revenue has grown by 17.9%, moving from $122K to $143K. Total assets decreased by 75.5% over the same period, from $577K to $141K. Total functional expenses fell by 35.9%, from $141K to $91K. In its most recent filing year (2022), Morgan County Rescue Squad reported a surplus of $53K, with revenue exceeding expenses. The organization holds $51K in liabilities against $141K in assets (debt-to-asset ratio: 35.8%), resulting in net assets of $91K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $143K | $91K | $141K | $51K | — | View 990 |
| 2021 | $129K | $182K | $153K | $73K | — | View 990 |
| 2020 | $212K | $108K | $177K | $0 | — | — |
| 2019 | $82K | $65K | $576K | $65K | — | View 990 |
| 2018 | $104K | $73K | $567K | $86K | — | View 990 |
| 2017 | $98K | $77K | $559K | $123K | — | View 990 |
| 2014 | $59K | $92K | $554K | $225K | — | View 990 |
| 2013 | $101K | $116K | $550K | $232K | — | View 990 |
| 2012 | $122K | $141K | $577K | $343K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $143K, expenses of $91K, and assets of $141K (revenue +11.4% year-over-year).
- 2021: Revenue of $129K, expenses of $182K, and assets of $153K (revenue -39.4% year-over-year).
- 2020: Revenue of $212K, expenses of $108K, and assets of $177K (revenue +159.1% year-over-year).
- 2019: Revenue of $82K, expenses of $65K, and assets of $576K (revenue -21.4% year-over-year).
- 2018: Revenue of $104K, expenses of $73K, and assets of $567K (revenue +6.4% year-over-year).
- 2017: Revenue of $98K, expenses of $77K, and assets of $559K (revenue +67.0% year-over-year).
- 2014: Revenue of $59K, expenses of $92K, and assets of $554K (revenue -42.1% year-over-year).
- 2013: Revenue of $101K, expenses of $116K, and assets of $550K (revenue -16.6% year-over-year).
- 2012: Revenue of $122K, expenses of $141K, and assets of $577K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morgan County Rescue Squad:
Data Sources and Methodology
This transparency report for Morgan County Rescue Squad 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.