Moseleyville Fire Department

Moseleyville Fire Department consistently operates at a deficit, with expenses exceeding revenue in most recent years.

EIN: 161659718 · Owensboro, KY · NTEE: M24 · Updated: 2026-03-28

$29KRevenue
$6KAssets
65/100Mission Score (Good)
M24
Moseleyville Fire Department Financial Summary
MetricValue
Total Revenue$29K
Total Expenses$75K
Program Spending85%
Net Assets$-13,823
Transparency Score65/100

Is Moseleyville Fire Department Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Moseleyville Fire Department directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Moseleyville Fire Department

Moseleyville Fire Department (EIN: 161659718) is a nonprofit organization based in Owensboro, KY, classified under NTEE code M24. The organization reported total revenue of $29K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moseleyville Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
MicroSize Classification
7Years of Filings
MixedRevenue Trajectory

Moseleyville Fire Department is a micro nonprofit that has been operating for 18 years, with 7 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -3.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$61K
Total Expenses$75K
Surplus / Deficit$-13,486
Total Assets$44K
Total Liabilities$58K
Net Assets$-13,823
Operating Margin-22.0%
Debt-to-Asset Ratio131.3%
Months of Reserves7.1 months

Financial Health Grade: C

In 2023, Moseleyville Fire Department reported a deficit of $13K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 131.3% (high leverage).

Financial Trends

Over 7 years of filings (2013–2023), Moseleyville Fire Department's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023-15.4%-12.7%-23.4%
2022+14.7%-39.0%-18.7%
2021-42.5%-22.3%-2.5%
2020-9.0%+300.7%-48.9%
2019+107.4%-29.2%+165.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Moseleyville Fire Department demonstrates a consistent operational deficit over the past few years, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $74,896 against revenues of $61,410, and in 2022, expenses were $85,838 against revenues of $72,612. This trend suggests a reliance on prior year assets or increasing liabilities to cover operational costs, as evidenced by liabilities growing from $0 in 2018 to $57,981 in 2023. While the organization does not report officer compensation, which can be a positive for donor perception, the overall financial health appears strained due to persistent spending exceeding income. The organization's assets have fluctuated significantly, from a high of $142,249 in 2019 to $44,158 in 2023, indicating a draw-down of reserves or asset depreciation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Moseleyville Fire Department with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Moseleyville Fire Department allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$61KTotal Revenue
$75KTotal Expenses
$44KTotal Assets
$58KTotal Liabilities
$-13,823Net Assets
  • The organization reported a deficit of $13K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 131.3%.

Executive Compensation Analysis

The Moseleyville Fire Department reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer or compensated through other means not reported as officer compensation, which is positive for minimizing overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Moseleyville Fire Department's IRS 990 filings:

  • Consistent operational deficits, with expenses exceeding revenue in 5 of the last 6 reported periods.
  • Increasing liabilities, from $0 in 2018 to $57,981 in 2023, indicating potential financial strain.
  • Significant decline in assets from a peak of $142,249 in 2019 to $44,158 in 2023.

Strengths

The following positive indicators were identified for Moseleyville Fire Department:

  • No reported officer compensation, suggesting volunteer leadership or efficient use of funds for executive roles.
  • Provides essential community services as a fire department (NTEE Code M24).

Frequently Asked Questions about Moseleyville Fire Department

Is Moseleyville Fire Department a legitimate charity?

Moseleyville Fire Department (EIN: 161659718) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 65/100. It has 7 years of IRS 990 filings on record. Total revenue: $29K. 3 red flags identified. 2 strengths noted. Financial health grade: C.

How does Moseleyville Fire Department spend its money?

Moseleyville Fire Department directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Moseleyville Fire Department tax-deductible?

Moseleyville Fire Department is registered as a tax-exempt nonprofit (EIN: 161659718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Moseleyville Fire Department's spending goes to programs?

Moseleyville Fire Department directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Moseleyville Fire Department compare to similar nonprofits?

With a transparency score of 65/100 (Good), Moseleyville Fire Department is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Moseleyville Fire Department located?

Moseleyville Fire Department is headquartered in Owensboro, Kentucky and files with the IRS under EIN 161659718. It is classified under NTEE code M24.

How many years of IRS 990 filings does Moseleyville Fire Department have?

Moseleyville Fire Department has 7 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 $29K in total revenue.

How does Moseleyville Fire Department cover its consistent operational deficits?

The organization appears to cover its deficits by drawing down assets or increasing liabilities. For example, liabilities grew from $0 in 2018 to $57,981 in 2023, while assets decreased from $142,249 in 2019 to $44,158 in 2023.

What is the long-term sustainability of the Moseleyville Fire Department given its financial trends?

The long-term sustainability is questionable without a significant increase in revenue or reduction in expenses, as the organization has consistently spent more than it earned in recent years, leading to declining assets and increasing liabilities.

Does the Moseleyville Fire Department rely heavily on grants or community donations?

While the specific breakdown of revenue sources isn't provided, the fluctuating revenue (e.g., $121,064 in 2019 vs. $61,410 in 2023) suggests potential reliance on variable funding streams, which could include grants or large donations.

Filing History

IRS 990 filing history for Moseleyville Fire Department showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2013–2023), Moseleyville Fire Department's revenue has declined by 26.9%, moving from $84K to $61K. Total assets decreased by 10.9% over the same period, from $50K to $44K. Total functional expenses fell by 20.9%, from $95K to $75K. In its most recent filing year (2023), Moseleyville Fire Department reported a deficit of $13K, with expenses exceeding revenue. The organization holds $58K in liabilities against $44K in assets (debt-to-asset ratio: 131.3%), resulting in net assets of $-13,823.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $61K $75K $44K $58K
2022 $73K $86K $58K $66K View 990
2021 $63K $141K $71K $89K
2020 $110K $181K $73K $14K View 990
2019 $121K $45K $142K $13K View 990
2018 $58K $64K $54K $0 View 990
2013 $84K $95K $50K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $61K, expenses of $75K, and assets of $44K (revenue -15.4% year-over-year).
  • 2022: Revenue of $73K, expenses of $86K, and assets of $58K (revenue +14.7% year-over-year).
  • 2021: Revenue of $63K, expenses of $141K, and assets of $71K (revenue -42.5% year-over-year).
  • 2020: Revenue of $110K, expenses of $181K, and assets of $73K (revenue -9.0% year-over-year).
  • 2019: Revenue of $121K, expenses of $45K, and assets of $142K (revenue +107.4% year-over-year).
  • 2018: Revenue of $58K, expenses of $64K, and assets of $54K (revenue -30.5% year-over-year).
  • 2013: Revenue of $84K, expenses of $95K, and assets of $50K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Moseleyville Fire Department:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2013 Filing

Data Sources and Methodology

This transparency report for Moseleyville Fire Department 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.

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