Northwest Volunteer Fire And Rescue Dept
EIN: 570670925 · Greenwood, SC · NTEE: M240
| Metric | Value |
|---|---|
| Total Revenue | $73K |
| Total Expenses | $101K |
| Net Assets | $306K |
Is Northwest Volunteer Fire And Rescue Dept Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northwest Volunteer Fire And Rescue Dept
Northwest Volunteer Fire And Rescue Dept (EIN: 570670925) is a nonprofit organization based in Greenwood, SC, classified under NTEE code M240. The organization reported total revenue of $73K and total assets of $508K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwest Volunteer Fire And Rescue Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwest Volunteer Fire And Rescue Dept is a micro nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $101K |
| Surplus / Deficit | +$25K |
| Total Assets | $575K |
| Total Liabilities | $270K |
| Net Assets | $306K |
| Operating Margin | 19.5% |
| Debt-to-Asset Ratio | 46.8% |
| Months of Reserves | 68.1 months |
Financial Health Grade: A
In 2023, Northwest Volunteer Fire And Rescue Dept reported a surplus of $25K with revenue exceeding expenses, holds 68.1 months of operating reserves (strong position), has a debt-to-asset ratio of 46.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northwest Volunteer Fire And Rescue Dept's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.7% | -17.1% | +5.4% |
| 2022 | -13.5% | -17.5% | -6.0% |
| 2021 | +8.6% | -15.5% | -8.7% |
| 2020 | -12.0% | -3.0% | -15.5% |
| 2019 | +10.4% | -8.8% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northwest Volunteer Fire And Rescue Dept 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 Northwest Volunteer Fire And Rescue Dept 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 $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.8%.
Frequently Asked Questions about Northwest Volunteer Fire And Rescue Dept
Is Northwest Volunteer Fire And Rescue Dept a legitimate charity?
Northwest Volunteer Fire And Rescue Dept (EIN: 570670925) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $73K. No red flags identified. Financial health grade: A.
How does Northwest Volunteer Fire And Rescue Dept spend its money?
Northwest Volunteer Fire And Rescue Dept reported $73K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northwest Volunteer Fire And Rescue Dept tax-deductible?
Northwest Volunteer Fire And Rescue Dept is registered as a tax-exempt nonprofit (EIN: 570670925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northwest Volunteer Fire And Rescue Dept located?
Northwest Volunteer Fire And Rescue Dept is headquartered in Greenwood, South Carolina and files with the IRS under EIN 570670925. It is classified under NTEE code M240.
How many years of IRS 990 filings does Northwest Volunteer Fire And Rescue Dept have?
Northwest Volunteer Fire And Rescue Dept has 13 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 $73K in total revenue.
Filing History
IRS 990 filing history for Northwest Volunteer Fire And Rescue Dept showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northwest Volunteer Fire And Rescue Dept's revenue has declined by 61.9%, moving from $331K to $126K. Total assets decreased by 53.1% over the same period, from $1.2M to $575K. Total functional expenses fell by 57.8%, from $241K to $101K. In its most recent filing year (2023), Northwest Volunteer Fire And Rescue Dept reported a surplus of $25K, with revenue exceeding expenses. The organization holds $270K in liabilities against $575K in assets (debt-to-asset ratio: 46.8%), resulting in net assets of $306K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $101K | $575K | $270K | — | — |
| 2022 | $100K | $122K | $546K | $265K | — | View 990 |
| 2021 | $116K | $148K | $581K | $265K | — | View 990 |
| 2020 | $107K | $175K | $636K | $288K | — | — |
| 2019 | $121K | $181K | $753K | $336K | — | View 990 |
| 2018 | $110K | $198K | $813K | $336K | — | View 990 |
| 2017 | $92K | $233K | $924K | $358K | — | View 990 |
| 2016 | $176K | $191K | $1.1M | $379K | — | View 990 |
| 2015 | $99K | $137K | $723K | $0 | — | View 990 |
| 2014 | $136K | $264K | $782K | $22K | — | — |
| 2013 | $166K | $257K | $931K | $43K | — | View 990 |
| 2012 | $154K | $282K | $1.1M | $72K | — | View 990 |
| 2011 | $331K | $241K | $1.2M | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $101K, and assets of $575K (revenue +25.7% year-over-year).
- 2022: Revenue of $100K, expenses of $122K, and assets of $546K (revenue -13.5% year-over-year).
- 2021: Revenue of $116K, expenses of $148K, and assets of $581K (revenue +8.6% year-over-year).
- 2020: Revenue of $107K, expenses of $175K, and assets of $636K (revenue -12.0% year-over-year).
- 2019: Revenue of $121K, expenses of $181K, and assets of $753K (revenue +10.4% year-over-year).
- 2018: Revenue of $110K, expenses of $198K, and assets of $813K (revenue +19.6% year-over-year).
- 2017: Revenue of $92K, expenses of $233K, and assets of $924K (revenue -47.7% year-over-year).
- 2016: Revenue of $176K, expenses of $191K, and assets of $1.1M (revenue +76.5% year-over-year).
- 2015: Revenue of $99K, expenses of $137K, and assets of $723K (revenue -26.6% year-over-year).
- 2014: Revenue of $136K, expenses of $264K, and assets of $782K (revenue -18.2% year-over-year).
- 2013: Revenue of $166K, expenses of $257K, and assets of $931K (revenue +7.3% year-over-year).
- 2012: Revenue of $154K, expenses of $282K, and assets of $1.1M (revenue -53.4% year-over-year).
- 2011: Revenue of $331K, expenses of $241K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwest Volunteer Fire And Rescue Dept:
Data Sources and Methodology
This transparency report for Northwest Volunteer Fire And Rescue Dept 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.