Park River Volunteer Fire Department

Park River Volunteer Fire Department consistently grows assets and operates with 0% officer compensation.

EIN: 201629131 · Park River, ND · NTEE: M24 · Updated: 2026-03-28

$1.0MRevenue

$2.9MAssets

98/100Mission Score (Excellent)

M24

About Park River Volunteer Fire Department

Park River Volunteer Fire Department (EIN: 201629131) is a nonprofit organization based in Park River, ND, classified under NTEE code M24. The organization reported total revenue of $1.0M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park River Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Park River Volunteer Fire Department demonstrates strong financial health and efficient spending, particularly given its mission as a volunteer fire department. Over the past decade, the organization has consistently grown its assets, from $246,140 in 2014 to $2,617,306 in 2023, indicating effective asset management and potentially successful fundraising or grant acquisition. Their revenue has also shown significant growth, with the latest reported revenue at $578,904 in 2023, and a peak of $906,191 in 2021.

The department's spending efficiency is commendable, with expenses consistently well below revenue, allowing for substantial asset accumulation. For example, in 2023, expenses were $253,659 against $578,904 in revenue. The organization reports 0% officer compensation across all available filings, which is a strong indicator of their volunteer-driven model and commitment to directing resources towards their mission. This lack of paid executive compensation inherently boosts their program spending efficiency and transparency.

Overall, the Park River Volunteer Fire Department appears to be a well-managed and financially sound organization. Their consistent asset growth, low expense ratios relative to revenue, and complete reliance on volunteer leadership for executive functions highlight a strong commitment to their community service mission and responsible stewardship of funds. The absence of reported liabilities in recent years further underscores their financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Park River Volunteer Fire Department with a Mission Score of 98 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: 95%
fundraising: 0%

According to IRS 990 filings, Park River Volunteer Fire Department allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets exceeding $2.6 million.

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.

Strengths

The following positive indicators were identified for Park River Volunteer Fire Department:

Consistent and significant asset growth (from $246,140 in 2014 to $2,617,306 in 2023).
0% officer compensation across all reported periods, indicating a volunteer-driven leadership.
Expenses consistently well below revenue, allowing for strong financial reserves and asset accumulation.
No reported liabilities in recent years (2017-2023), indicating strong financial stability.
Strong program focus due to minimal administrative and fundraising overhead implied by 0% officer compensation and expense ratios.

Frequently Asked Questions about Park River Volunteer Fire Department

Is Park River Volunteer Fire Department a good charity?

Yes, based on the available IRS 990 data, Park River Volunteer Fire Department appears to be a very good charity. They demonstrate strong financial health, efficient spending with low expenses relative to revenue, and a commitment to their mission through 0% officer compensation and consistent asset growth.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Assets have grown from $246,140 in 2014 to $2,617,306 in 2023, and revenue has seen substantial increases, indicating strong financial management and growth.

What is the organization's approach to executive compensation?

The organization operates with 0% officer compensation, meaning all executive leadership roles are filled by volunteers. This is a strong indicator of their dedication to directing funds towards their mission rather than administrative salaries.

Filing History

IRS 990 filing history for Park River Volunteer Fire Department showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Park River Volunteer Fire Department's revenue has grown by 478.9%, moving from $100K to $579K. Total assets increased by 1698.8% over the same period, from $146K to $2.6M. Total functional expenses rose by 384.9%, from $52K to $254K. In its most recent filing year (2023), Park River Volunteer Fire Department reported a surplus of $325K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$579K	$254K	$2.6M	$0	—	—
2022	$681K	$384K	$2.3M	$0	—	View 990
2021	$906K	$392K	$2.0M	$0	—	View 990
2020	$711K	$157K	$1.6M	$0	—	View 990
2019	$483K	$271K	$1.0M	$0	—	View 990
2018	$341K	$218K	$835K	$0	—	View 990
2017	$208K	$174K	$711K	$0	—	View 990
2016	$232K	$163K	$725K	$50K	—	View 990
2015	$490K	$130K	$671K	$66K	—	View 990
2014	$146K	$112K	$246K	$0	—	View 990
2013	$175K	$98K	$212K	$0	—	View 990
2012	$81K	$91K	$135K	$0	—	View 990
2011	$100K	$52K	$146K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $579K, expenses of $254K, and assets of $2.6M (revenue -15.0% year-over-year).
2022: Revenue of $681K, expenses of $384K, and assets of $2.3M (revenue -24.8% year-over-year).
2021: Revenue of $906K, expenses of $392K, and assets of $2.0M (revenue +27.5% year-over-year).
2020: Revenue of $711K, expenses of $157K, and assets of $1.6M (revenue +47.2% year-over-year).
2019: Revenue of $483K, expenses of $271K, and assets of $1.0M (revenue +41.4% year-over-year).
2018: Revenue of $341K, expenses of $218K, and assets of $835K (revenue +64.2% year-over-year).
2017: Revenue of $208K, expenses of $174K, and assets of $711K (revenue -10.6% year-over-year).
2016: Revenue of $232K, expenses of $163K, and assets of $725K (revenue -52.5% year-over-year).
2015: Revenue of $490K, expenses of $130K, and assets of $671K (revenue +234.4% year-over-year).
2014: Revenue of $146K, expenses of $112K, and assets of $246K (revenue -16.4% year-over-year).
2013: Revenue of $175K, expenses of $98K, and assets of $212K (revenue +116.1% year-over-year).
2012: Revenue of $81K, expenses of $91K, and assets of $135K (revenue -19.0% year-over-year).
2011: Revenue of $100K, expenses of $52K, and assets of $146K.

Data Sources and Methodology

This transparency report for Park River Volunteer 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.