Nickelsville Rescue Squad Incorporated
EIN: 541385399 · Nickelsville, VA · NTEE: E62
| Metric | Value |
|---|---|
| Total Revenue | $457K |
| Total Expenses | $397K |
| Net Assets | $154K |
Is Nickelsville Rescue Squad Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nickelsville Rescue Squad Incorporated
Nickelsville Rescue Squad Incorporated (EIN: 541385399) is a nonprofit organization based in Nickelsville, VA, classified under NTEE code E62. The organization reported total revenue of $457K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nickelsville Rescue Squad Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nickelsville Rescue Squad Incorporated is a small nonprofit that has been operating for 9 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $387K |
| Total Expenses | $397K |
| Surplus / Deficit | $-10,171 |
| Total Assets | $166K |
| Total Liabilities | $12K |
| Net Assets | $154K |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2023, Nickelsville Rescue Squad Incorporated reported a deficit of $10K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Nickelsville Rescue Squad Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.3% | +14.1% | -17.4% |
| 2022 | -19.4% | +0.8% | -32.2% |
| 2021 | -20.2% | +23.3% | -4.9% |
| 2020 | +145.3% | +80.8% | +105.2% |
| 2019 | +2.8% | +19.1% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nickelsville Rescue Squad Incorporated 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 Nickelsville Rescue Squad Incorporated 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.5%.
Frequently Asked Questions about Nickelsville Rescue Squad Incorporated
Is Nickelsville Rescue Squad Incorporated a legitimate charity?
Nickelsville Rescue Squad Incorporated (EIN: 541385399) is a registered tax-exempt nonprofit based in Virginia. It has 11 years of IRS 990 filings on record. Total revenue: $457K. No red flags identified. Financial health grade: B.
How does Nickelsville Rescue Squad Incorporated spend its money?
Nickelsville Rescue Squad Incorporated reported $457K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nickelsville Rescue Squad Incorporated tax-deductible?
Nickelsville Rescue Squad Incorporated is registered as a tax-exempt nonprofit (EIN: 541385399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nickelsville Rescue Squad Incorporated located?
Nickelsville Rescue Squad Incorporated is headquartered in Nickelsville, Virginia and files with the IRS under EIN 541385399. It is classified under NTEE code E62.
How many years of IRS 990 filings does Nickelsville Rescue Squad Incorporated have?
Nickelsville Rescue Squad Incorporated has 11 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 $457K in total revenue.
Filing History
IRS 990 filing history for Nickelsville Rescue Squad Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Nickelsville Rescue Squad Incorporated's revenue has grown by 75.3%, moving from $220K to $387K. Total assets decreased by 22.3% over the same period, from $214K to $166K. Total functional expenses rose by 70.4%, from $233K to $397K. In its most recent filing year (2023), Nickelsville Rescue Squad Incorporated reported a deficit of $10K, with expenses exceeding revenue. The organization holds $12K in liabilities against $166K in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $154K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $387K | $397K | $166K | $12K | — | View 990 |
| 2022 | $270K | $348K | $201K | $24K | — | View 990 |
| 2021 | $335K | $345K | $296K | $35K | — | View 990 |
| 2020 | $420K | $280K | $312K | $0 | — | — |
| 2019 | $171K | $155K | $152K | $0 | — | View 990 |
| 2018 | $166K | $130K | $156K | $0 | — | View 990 |
| 2017 | $105K | $108K | $228K | $109K | — | View 990 |
| 2016 | $206K | $231K | $232K | $109K | — | — |
| 2015 | $268K | $257K | $288K | $140K | — | — |
| 2014 | $390K | $238K | $291K | $164K | — | — |
| 2011 | $220K | $233K | $214K | $119K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $387K, expenses of $397K, and assets of $166K (revenue +43.3% year-over-year).
- 2022: Revenue of $270K, expenses of $348K, and assets of $201K (revenue -19.4% year-over-year).
- 2021: Revenue of $335K, expenses of $345K, and assets of $296K (revenue -20.2% year-over-year).
- 2020: Revenue of $420K, expenses of $280K, and assets of $312K (revenue +145.3% year-over-year).
- 2019: Revenue of $171K, expenses of $155K, and assets of $152K (revenue +2.8% year-over-year).
- 2018: Revenue of $166K, expenses of $130K, and assets of $156K (revenue +58.8% year-over-year).
- 2017: Revenue of $105K, expenses of $108K, and assets of $228K (revenue -49.2% year-over-year).
- 2016: Revenue of $206K, expenses of $231K, and assets of $232K (revenue -23.2% year-over-year).
- 2015: Revenue of $268K, expenses of $257K, and assets of $288K (revenue -31.3% year-over-year).
- 2014: Revenue of $390K, expenses of $238K, and assets of $291K (revenue +77.1% year-over-year).
- 2011: Revenue of $220K, expenses of $233K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nickelsville Rescue Squad Incorporated:
Data Sources and Methodology
This transparency report for Nickelsville Rescue Squad Incorporated 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.