Parkway Fire & Rescue Inc
EIN: 562266367 · Spruce Pine, NC · NTEE: M24
Is Parkway Fire & Rescue Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parkway Fire & Rescue Inc
Parkway Fire & Rescue Inc (EIN: 562266367) is a nonprofit organization based in Spruce Pine, NC, classified under NTEE code M24. The organization reported total revenue of $716K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parkway Fire & Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Parkway Fire & Rescue Inc 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 Parkway Fire & Rescue Inc 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.
Frequently Asked Questions about Parkway Fire & Rescue Inc
Is Parkway Fire & Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parkway Fire & Rescue Inc (EIN: 562266367) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parkway Fire & Rescue Inc spend its money?
Detailed spending breakdown data is not yet available for Parkway Fire & Rescue Inc. Check back for updated IRS 990 analysis.
Are donations to Parkway Fire & Rescue Inc tax-deductible?
Parkway Fire & Rescue Inc is registered as a tax-exempt nonprofit (EIN: 562266367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Parkway Fire & Rescue Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Parkway Fire & Rescue Inc's revenue has grown by 39.9%, moving from $722K to $1.0M. Total assets increased by 89.6% over the same period, from $1.9M to $3.6M. Total functional expenses rose by 73.7%, from $349K to $607K. In its most recent filing year (2024), Parkway Fire & Rescue Inc reported a surplus of $403K, with revenue exceeding expenses. The organization holds $936K in liabilities against $3.6M in assets (debt-to-asset ratio: 26.2%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.0M | $607K | $3.6M | $936K | — | — |
| 2023 | $1.4M | $656K | $3.3M | $1.0M | — | — |
| 2022 | $469K | $477K | $2.6M | $1.1M | — | View 990 |
| 2021 | $520K | $525K | $1.8M | $355K | — | View 990 |
| 2020 | $450K | $298K | $1.7M | $243K | — | View 990 |
| 2019 | $393K | $334K | $1.7M | $347K | — | View 990 |
| 2018 | $427K | $368K | $1.7M | $462K | — | View 990 |
| 2017 | $422K | $408K | $1.8M | $668K | — | View 990 |
| 2016 | $405K | $420K | $1.9M | $796K | — | View 990 |
| 2015 | $413K | $443K | $1.7M | $594K | — | View 990 |
| 2014 | $384K | $418K | $1.8M | $689K | — | View 990 |
| 2013 | $343K | $364K | $1.7M | $509K | — | View 990 |
| 2012 | $371K | $386K | $1.8M | $588K | — | View 990 |
| 2011 | $722K | $349K | $1.9M | $664K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.0M, expenses of $607K, and assets of $3.6M (revenue -30.0% year-over-year).
- 2023: Revenue of $1.4M, expenses of $656K, and assets of $3.3M (revenue +207.7% year-over-year).
- 2022: Revenue of $469K, expenses of $477K, and assets of $2.6M (revenue -9.8% year-over-year).
- 2021: Revenue of $520K, expenses of $525K, and assets of $1.8M (revenue +15.6% year-over-year).
- 2020: Revenue of $450K, expenses of $298K, and assets of $1.7M (revenue +14.6% year-over-year).
- 2019: Revenue of $393K, expenses of $334K, and assets of $1.7M (revenue -8.1% year-over-year).
- 2018: Revenue of $427K, expenses of $368K, and assets of $1.7M (revenue +1.4% year-over-year).
- 2017: Revenue of $422K, expenses of $408K, and assets of $1.8M (revenue +4.0% year-over-year).
- 2016: Revenue of $405K, expenses of $420K, and assets of $1.9M (revenue -1.9% year-over-year).
- 2015: Revenue of $413K, expenses of $443K, and assets of $1.7M (revenue +7.6% year-over-year).
- 2014: Revenue of $384K, expenses of $418K, and assets of $1.8M (revenue +11.8% year-over-year).
- 2013: Revenue of $343K, expenses of $364K, and assets of $1.7M (revenue -7.6% year-over-year).
- 2012: Revenue of $371K, expenses of $386K, and assets of $1.8M (revenue -48.5% year-over-year).
- 2011: Revenue of $722K, expenses of $349K, and assets of $1.9M.
Data Sources and Methodology
This transparency report for Parkway Fire & Rescue Inc 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.