Mount Vernon Fire Department
EIN: 873855094 · Mount Vernon, SD · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $68K |
| Net Assets | $554K |
Is Mount Vernon Fire Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mount Vernon Fire Department
Mount Vernon Fire Department (EIN: 873855094) is a nonprofit organization based in Mount Vernon, SD, classified under NTEE code M24. The organization reported total revenue of $183K and total assets of $966K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Vernon Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Vernon Fire Department is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $68K |
| Surplus / Deficit | +$78K |
| Total Assets | $913K |
| Total Liabilities | $359K |
| Net Assets | $554K |
| Operating Margin | 53.3% |
| Debt-to-Asset Ratio | 39.3% |
| Months of Reserves | 160.0 months |
Financial Health Grade: A
In 2023, Mount Vernon Fire Department reported a surplus of $78K with revenue exceeding expenses, holds 160.0 months of operating reserves (strong position), has a debt-to-asset ratio of 39.3% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Mount Vernon Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.6% | +54.3% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 6000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mount Vernon Fire Department 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 Mount Vernon Fire Department 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 $78K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.3%.
Frequently Asked Questions about Mount Vernon Fire Department
Is Mount Vernon Fire Department a legitimate charity?
Mount Vernon Fire Department (EIN: 873855094) is a registered tax-exempt nonprofit based in South Dakota. It has 2 years of IRS 990 filings on record. Total revenue: $183K. No red flags identified. Financial health grade: A.
How does Mount Vernon Fire Department spend its money?
Mount Vernon Fire Department reported $183K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mount Vernon Fire Department tax-deductible?
Mount Vernon Fire Department is registered as a tax-exempt nonprofit (EIN: 873855094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mount Vernon Fire Department located?
Mount Vernon Fire Department is headquartered in Mount Vernon, South Dakota and files with the IRS under EIN 873855094. It is classified under NTEE code M24.
How many years of IRS 990 filings does Mount Vernon Fire Department have?
Mount Vernon Fire Department has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $183K in total revenue.
Filing History
IRS 990 filing history for Mount Vernon Fire Department showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Mount Vernon Fire Department's revenue has grown by 7.6%, moving from $136K to $147K. Total assets increased by 12.8% over the same period, from $809K to $913K. Total functional expenses rose by 54.3%, from $44K to $68K. In its most recent filing year (2023), Mount Vernon Fire Department reported a surplus of $78K, with revenue exceeding expenses. The organization holds $359K in liabilities against $913K in assets (debt-to-asset ratio: 39.3%), resulting in net assets of $554K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $68K | $913K | $359K | — | — |
| 2022 | $136K | $44K | $809K | $369K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Vernon Fire Department:
Data Sources and Methodology
This transparency report for Mount Vernon 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.