North Lenoir Fire Protection Associnc

North Lenoir Fire Protection Associnc consistently operates with a financial surplus and reports no officer compensation.

EIN: 205409157 · Kinston, NC · NTEE: M24 · Updated: 2026-03-28

$898KRevenue

$3.1MAssets

85/100Mission Score (Excellent)

M24

About North Lenoir Fire Protection Associnc

North Lenoir Fire Protection Associnc (EIN: 205409157) is a nonprofit organization based in Kinston, NC, classified under NTEE code M24. The organization reported total revenue of $898K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Lenoir Fire Protection Associnc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

North Lenoir Fire Protection Associnc demonstrates consistent financial health, with revenues generally exceeding expenses over the past several years, contributing to a steady growth in assets. For instance, in fiscal year 2024, the organization reported revenues of $716,292 against expenses of $624,783, indicating a surplus. The organization's assets have grown from $1,905,066 in 2015 to $2,469,499 in 2024, showcasing financial stability. A notable aspect of their financial management is the consistent reporting of 0% officer compensation, which suggests a strong volunteer-driven model or that compensation is not reported in this category, enhancing their spending efficiency from an executive overhead perspective. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The organization's consistent filing of IRS 990 forms over 14 periods indicates a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates North Lenoir Fire Protection Associnc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, North Lenoir Fire Protection Associnc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for a nonprofit of its size.

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 North Lenoir Fire Protection Associnc's IRS 990 filings:

Significant deficit in fiscal year 2018 ($356,927)
Lack of detailed expense breakdown (program, admin, fundraising) in provided data

Strengths

The following positive indicators were identified for North Lenoir Fire Protection Associnc:

Consistent financial surpluses in most years, indicating sound financial management.
Zero reported officer compensation, suggesting high efficiency in executive overhead.
Steady growth in assets over the past decade, from $1.9M in 2015 to $2.4M in 2024.
Consistent filing of IRS 990 forms, demonstrating transparency.
Recovery from a significant deficit in 2018, showing financial resilience.

Frequently Asked Questions about North Lenoir Fire Protection Associnc

How does North Lenoir Fire Protection Associnc manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership or that any compensation for leadership roles is categorized differently in their financial statements. This is a significant factor in their operational efficiency.

What is the primary source of North Lenoir Fire Protection Associnc's revenue?

While the filings show total revenue, the specific breakdown of revenue sources (e.g., grants, donations, service fees) is not detailed in the provided data. Further investigation into their full 990 forms would be needed to identify primary revenue streams.

Has the organization experienced any significant financial challenges?

In fiscal year 2018, the organization reported expenses of $952,438 against revenues of $595,511, indicating a significant deficit for that period. However, they recovered in subsequent years, demonstrating resilience.

Filing History

IRS 990 filing history for North Lenoir Fire Protection Associnc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), North Lenoir Fire Protection Associnc's revenue has grown by 67.1%, moving from $429K to $716K. Total assets increased by 57.7% over the same period, from $1.6M to $2.5M. Total functional expenses rose by 17.3%, from $533K to $625K. In its most recent filing year (2024), North Lenoir Fire Protection Associnc reported a surplus of $92K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $2.5M in assets (debt-to-asset ratio: 50.0%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$716K	$625K	$2.5M	$1.2M	—	View 990
2023	$874K	$629K	$2.5M	$1.2M	—	—
2022	$582K	$554K	$2.4M	$1.4M	—	View 990
2021	$599K	$463K	$2.7M	$1.6M	—	View 990
2020	$646K	$442K	$2.7M	$1.8M	—	View 990
2019	$630K	$423K	$2.7M	$2.1M	—	View 990
2018	$596K	$952K	$2.3M	$1.8M	—	View 990
2017	$608K	$532K	$2.8M	$1.9M	—	View 990
2016	$1.4M	$1.2M	$2.6M	$1.8M	—	View 990
2015	$494K	$470K	$1.9M	$1.3M	—	View 990
2014	$464K	$338K	$2.0M	$1.5M	—	View 990
2013	$600K	$369K	$1.6M	$1.2M	—	View 990
2012	$451K	$424K	$1.4M	$1.2M	—	View 990
2011	$429K	$533K	$1.6M	$1.4M	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $716K, expenses of $625K, and assets of $2.5M (revenue -18.0% year-over-year).
2023: Revenue of $874K, expenses of $629K, and assets of $2.5M (revenue +50.2% year-over-year).
2022: Revenue of $582K, expenses of $554K, and assets of $2.4M (revenue -2.9% year-over-year).
2021: Revenue of $599K, expenses of $463K, and assets of $2.7M (revenue -7.2% year-over-year).
2020: Revenue of $646K, expenses of $442K, and assets of $2.7M (revenue +2.4% year-over-year).
2019: Revenue of $630K, expenses of $423K, and assets of $2.7M (revenue +5.8% year-over-year).
2018: Revenue of $596K, expenses of $952K, and assets of $2.3M (revenue -2.1% year-over-year).
2017: Revenue of $608K, expenses of $532K, and assets of $2.8M (revenue -55.1% year-over-year).
2016: Revenue of $1.4M, expenses of $1.2M, and assets of $2.6M (revenue +173.9% year-over-year).
2015: Revenue of $494K, expenses of $470K, and assets of $1.9M (revenue +6.5% year-over-year).
2014: Revenue of $464K, expenses of $338K, and assets of $2.0M (revenue -22.6% year-over-year).
2013: Revenue of $600K, expenses of $369K, and assets of $1.6M (revenue +33.0% year-over-year).
2012: Revenue of $451K, expenses of $424K, and assets of $1.4M (revenue +5.2% year-over-year).
2011: Revenue of $429K, expenses of $533K, and assets of $1.6M.

Data Sources and Methodology

This transparency report for North Lenoir Fire Protection Associnc 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.