Parrottsville Volunteer Fire Rt 2 Department Incorporated
EIN: 620990654 · Parrottsville, TN · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $387K |
| Total Expenses | $96K |
| Net Assets | $118K |
Is Parrottsville Volunteer Fire Rt 2 Department Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parrottsville Volunteer Fire Rt 2 Department Incorporated
Parrottsville Volunteer Fire Rt 2 Department Incorporated (EIN: 620990654) is a nonprofit organization based in Parrottsville, TN, classified under NTEE code M24. The organization reported total revenue of $387K and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parrottsville Volunteer Fire Rt 2 Department Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parrottsville Volunteer Fire Rt 2 Department Incorporated is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $96K |
| Surplus / Deficit | $-2,388 |
| Total Assets | $118K |
| Net Assets | $118K |
| Operating Margin | -2.5% |
| Months of Reserves | 14.7 months |
Financial Health Grade: B
In 2023, Parrottsville Volunteer Fire Rt 2 Department Incorporated reported a deficit of $2K with expenses exceeding revenue, holds 14.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Parrottsville Volunteer Fire Rt 2 Department Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | +86.4% | +3.5% |
| 2022 | +42.3% | +1.6% | +54.2% |
| 2021 | -22.1% | +1.0% | +22.6% |
| 2020 | +125.6% | +8.4% | +16.3% |
| 2019 | -10.4% | +17.8% | +44.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parrottsville Volunteer Fire Rt 2 Department 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 Parrottsville Volunteer Fire Rt 2 Department 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 $2K, with expenses exceeding revenue.
Frequently Asked Questions about Parrottsville Volunteer Fire Rt 2 Department Incorporated
Is Parrottsville Volunteer Fire Rt 2 Department Incorporated a legitimate charity?
Parrottsville Volunteer Fire Rt 2 Department Incorporated (EIN: 620990654) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $387K. No red flags identified. Financial health grade: B.
How does Parrottsville Volunteer Fire Rt 2 Department Incorporated spend its money?
Parrottsville Volunteer Fire Rt 2 Department Incorporated reported $387K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Parrottsville Volunteer Fire Rt 2 Department Incorporated tax-deductible?
Parrottsville Volunteer Fire Rt 2 Department Incorporated is registered as a tax-exempt nonprofit (EIN: 620990654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parrottsville Volunteer Fire Rt 2 Department Incorporated located?
Parrottsville Volunteer Fire Rt 2 Department Incorporated is headquartered in Parrottsville, Tennessee and files with the IRS under EIN 620990654. It is classified under NTEE code M24.
How many years of IRS 990 filings does Parrottsville Volunteer Fire Rt 2 Department Incorporated have?
Parrottsville Volunteer Fire Rt 2 Department Incorporated 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 $387K in total revenue.
Filing History
IRS 990 filing history for Parrottsville Volunteer Fire Rt 2 Department Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Parrottsville Volunteer Fire Rt 2 Department Incorporated's revenue has grown by 65.4%, moving from $57K to $94K. Total assets increased by 58.6% over the same period, from $74K to $118K. Total functional expenses rose by 49.8%, from $64K to $96K. In its most recent filing year (2023), Parrottsville Volunteer Fire Rt 2 Department Incorporated reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $96K | $118K | $0 | — | View 990 |
| 2022 | $92K | $52K | $114K | $0 | — | View 990 |
| 2021 | $64K | $51K | $74K | $0 | — | — |
| 2020 | $83K | $50K | $60K | $0 | — | View 990 |
| 2019 | $37K | $46K | $52K | $0 | — | View 990 |
| 2018 | $41K | $39K | $36K | $0 | — | View 990 |
| 2017 | $62K | $67K | $42K | $0 | — | View 990 |
| 2016 | $50K | $44K | $42K | $0 | — | View 990 |
| 2015 | $45K | $41K | $42K | $0 | — | View 990 |
| 2014 | $36K | $34K | $39K | $0 | — | View 990 |
| 2013 | $122K | $126K | $90K | $0 | — | View 990 |
| 2012 | $50K | $49K | $74K | $0 | — | View 990 |
| 2011 | $57K | $64K | $74K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $96K, and assets of $118K (revenue +2.4% year-over-year).
- 2022: Revenue of $92K, expenses of $52K, and assets of $114K (revenue +42.3% year-over-year).
- 2021: Revenue of $64K, expenses of $51K, and assets of $74K (revenue -22.1% year-over-year).
- 2020: Revenue of $83K, expenses of $50K, and assets of $60K (revenue +125.6% year-over-year).
- 2019: Revenue of $37K, expenses of $46K, and assets of $52K (revenue -10.4% year-over-year).
- 2018: Revenue of $41K, expenses of $39K, and assets of $36K (revenue -34.2% year-over-year).
- 2017: Revenue of $62K, expenses of $67K, and assets of $42K (revenue +23.5% year-over-year).
- 2016: Revenue of $50K, expenses of $44K, and assets of $42K (revenue +12.8% year-over-year).
- 2015: Revenue of $45K, expenses of $41K, and assets of $42K (revenue +25.5% year-over-year).
- 2014: Revenue of $36K, expenses of $34K, and assets of $39K (revenue -70.8% year-over-year).
- 2013: Revenue of $122K, expenses of $126K, and assets of $90K (revenue +145.6% year-over-year).
- 2012: Revenue of $50K, expenses of $49K, and assets of $74K (revenue -12.7% year-over-year).
- 2011: Revenue of $57K, expenses of $64K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parrottsville Volunteer Fire Rt 2 Department Incorporated:
Data Sources and Methodology
This transparency report for Parrottsville Volunteer Fire Rt 2 Department 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.