Patrick Henry Volunteer Fire Department
EIN: 541304736 · Patrick Spgs, VA · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $347K |
| Total Expenses | $171K |
| Net Assets | $454K |
Is Patrick Henry Volunteer Fire Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Patrick Henry Volunteer Fire Department
Patrick Henry Volunteer Fire Department (EIN: 541304736) is a nonprofit organization based in Patrick Spgs, VA, classified under NTEE code M24. The organization reported total revenue of $347K and total assets of $667K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patrick Henry Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patrick Henry Volunteer Fire Department 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 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $171K |
| Surplus / Deficit | $-74,124 |
| Total Assets | $454K |
| Net Assets | $454K |
| Operating Margin | -76.9% |
| Months of Reserves | 32.0 months |
Financial Health Grade: B
In 2023, Patrick Henry Volunteer Fire Department reported a deficit of $74K with expenses exceeding revenue, holds 32.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Patrick Henry Volunteer Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.7% | -7.4% | -14.0% |
| 2022 | -45.2% | +23.5% | -2.4% |
| 2021 | +179.7% | +13.8% | +43.0% |
| 2020 | -8.4% | -17.9% | -4.9% |
| 2019 | -15.9% | +24.3% | -8.7% |
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 Patrick Henry Volunteer Fire Department 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 Patrick Henry Volunteer Fire Department 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 $74K, with expenses exceeding revenue.
Frequently Asked Questions about Patrick Henry Volunteer Fire Department
Is Patrick Henry Volunteer Fire Department a legitimate charity?
Patrick Henry Volunteer Fire Department (EIN: 541304736) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $347K. No red flags identified. Financial health grade: B.
How does Patrick Henry Volunteer Fire Department spend its money?
Patrick Henry Volunteer Fire Department reported $347K 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 Patrick Henry Volunteer Fire Department tax-deductible?
Patrick Henry Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 541304736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Patrick Henry Volunteer Fire Department located?
Patrick Henry Volunteer Fire Department is headquartered in Patrick Spgs, Virginia and files with the IRS under EIN 541304736. It is classified under NTEE code M24.
How many years of IRS 990 filings does Patrick Henry Volunteer Fire Department have?
Patrick Henry Volunteer Fire Department 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 $347K in total revenue.
Filing History
IRS 990 filing history for Patrick Henry Volunteer Fire Department showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Patrick Henry Volunteer Fire Department's revenue has grown by 8.8%, moving from $89K to $96K. Total assets increased by 133.1% over the same period, from $195K to $454K. Total functional expenses rose by 165%, from $64K to $171K. In its most recent filing year (2023), Patrick Henry Volunteer Fire Department reported a deficit of $74K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $171K | $454K | $0 | — | — |
| 2022 | $171K | $184K | $528K | $0 | — | View 990 |
| 2021 | $312K | $149K | $541K | $0 | — | View 990 |
| 2020 | $112K | $131K | $379K | $0 | — | View 990 |
| 2019 | $122K | $160K | $398K | $0 | — | View 990 |
| 2018 | $145K | $128K | $436K | $0 | — | View 990 |
| 2017 | $156K | $146K | $480K | $60K | — | — |
| 2016 | $138K | $186K | $489K | $79K | — | View 990 |
| 2015 | $223K | $215K | $576K | $119K | — | View 990 |
| 2014 | $52K | $94K | $717K | $267K | — | View 990 |
| 2013 | $329K | $87K | $492K | $0 | — | View 990 |
| 2012 | $136K | $81K | $250K | $0 | — | View 990 |
| 2011 | $89K | $64K | $195K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $171K, and assets of $454K (revenue -43.7% year-over-year).
- 2022: Revenue of $171K, expenses of $184K, and assets of $528K (revenue -45.2% year-over-year).
- 2021: Revenue of $312K, expenses of $149K, and assets of $541K (revenue +179.7% year-over-year).
- 2020: Revenue of $112K, expenses of $131K, and assets of $379K (revenue -8.4% year-over-year).
- 2019: Revenue of $122K, expenses of $160K, and assets of $398K (revenue -15.9% year-over-year).
- 2018: Revenue of $145K, expenses of $128K, and assets of $436K (revenue -6.9% year-over-year).
- 2017: Revenue of $156K, expenses of $146K, and assets of $480K (revenue +12.4% year-over-year).
- 2016: Revenue of $138K, expenses of $186K, and assets of $489K (revenue -37.9% year-over-year).
- 2015: Revenue of $223K, expenses of $215K, and assets of $576K (revenue +328.3% year-over-year).
- 2014: Revenue of $52K, expenses of $94K, and assets of $717K (revenue -84.2% year-over-year).
- 2013: Revenue of $329K, expenses of $87K, and assets of $492K (revenue +141.6% year-over-year).
- 2012: Revenue of $136K, expenses of $81K, and assets of $250K (revenue +53.7% year-over-year).
- 2011: Revenue of $89K, expenses of $64K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patrick Henry Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Patrick Henry 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.