Princess Anne Courthouse Volunteer Rescue Squad And Fire Department
EIN: 541139299 · Virginia Bch, VA · NTEE: M24Z
| Metric | Value |
|---|---|
| Total Revenue | $419K |
| Total Expenses | $388K |
| Net Assets | $1.1M |
Is Princess Anne Courthouse Volunteer Rescue Squad And 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 Princess Anne Courthouse Volunteer Rescue Squad And Fire Department
Princess Anne Courthouse Volunteer Rescue Squad And Fire Department (EIN: 541139299) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code M24Z. The organization reported total revenue of $419K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princess Anne Courthouse Volunteer Rescue Squad And Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princess Anne Courthouse Volunteer Rescue Squad And Fire Department is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $323K |
| Total Expenses | $388K |
| Surplus / Deficit | $-65,057 |
| Total Assets | $1.9M |
| Total Liabilities | $839K |
| Net Assets | $1.1M |
| Operating Margin | -20.1% |
| Debt-to-Asset Ratio | 43.7% |
| Months of Reserves | 59.3 months |
Financial Health Grade: B
In 2023, Princess Anne Courthouse Volunteer Rescue Squad And Fire Department reported a deficit of $65K with expenses exceeding revenue, holds 59.3 months of operating reserves (strong position), has a debt-to-asset ratio of 43.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Princess Anne Courthouse Volunteer Rescue Squad And Fire Department's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.1% | -5.5% | -15.6% |
| 2022 | -2.7% | +29.5% | +10.8% |
| 2021 | +34.6% | +19.2% | +0.5% |
| 2020 | +68.5% | +7.1% | +10.1% |
| 2019 | -53.0% | +8.7% | +78.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Princess Anne Courthouse Volunteer Rescue Squad And 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 Princess Anne Courthouse Volunteer Rescue Squad And 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 $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.7%.
Frequently Asked Questions about Princess Anne Courthouse Volunteer Rescue Squad And Fire Department
Is Princess Anne Courthouse Volunteer Rescue Squad And Fire Department a legitimate charity?
Princess Anne Courthouse Volunteer Rescue Squad And Fire Department (EIN: 541139299) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $419K. No red flags identified. Financial health grade: B.
How does Princess Anne Courthouse Volunteer Rescue Squad And Fire Department spend its money?
Princess Anne Courthouse Volunteer Rescue Squad And Fire Department reported $419K 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 Princess Anne Courthouse Volunteer Rescue Squad And Fire Department tax-deductible?
Princess Anne Courthouse Volunteer Rescue Squad And Fire Department is registered as a tax-exempt nonprofit (EIN: 541139299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Princess Anne Courthouse Volunteer Rescue Squad And Fire Department located?
Princess Anne Courthouse Volunteer Rescue Squad And Fire Department is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 541139299. It is classified under NTEE code M24Z.
How many years of IRS 990 filings does Princess Anne Courthouse Volunteer Rescue Squad And Fire Department have?
Princess Anne Courthouse Volunteer Rescue Squad And 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 $419K in total revenue.
Filing History
IRS 990 filing history for Princess Anne Courthouse Volunteer Rescue Squad And Fire Department showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Princess Anne Courthouse Volunteer Rescue Squad And Fire Department's revenue has grown by 173.3%, moving from $118K to $323K. Total assets increased by 777.6% over the same period, from $219K to $1.9M. Total functional expenses rose by 252.9%, from $110K to $388K. In its most recent filing year (2023), Princess Anne Courthouse Volunteer Rescue Squad And Fire Department reported a deficit of $65K, with expenses exceeding revenue. The organization holds $839K in liabilities against $1.9M in assets (debt-to-asset ratio: 43.7%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $323K | $388K | $1.9M | $839K | — | — |
| 2022 | $415K | $411K | $2.3M | $1.1M | — | View 990 |
| 2021 | $427K | $317K | $2.1M | $911K | — | View 990 |
| 2020 | $317K | $266K | $2.0M | $1.0M | — | View 990 |
| 2019 | $188K | $249K | $1.9M | $873K | — | View 990 |
| 2018 | $400K | $229K | $1.0M | $0 | — | View 990 |
| 2017 | $204K | $241K | $869K | $149 | — | View 990 |
| 2016 | $179K | $246K | $907K | $383 | — | View 990 |
| 2015 | $688K | $239K | $975K | $1K | — | View 990 |
| 2014 | $172K | $184K | $530K | $5K | — | View 990 |
| 2013 | $410K | $130K | $547K | $10K | — | View 990 |
| 2012 | $205K | $152K | $282K | $25K | — | View 990 |
| 2011 | $118K | $110K | $219K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $323K, expenses of $388K, and assets of $1.9M (revenue -22.1% year-over-year).
- 2022: Revenue of $415K, expenses of $411K, and assets of $2.3M (revenue -2.7% year-over-year).
- 2021: Revenue of $427K, expenses of $317K, and assets of $2.1M (revenue +34.6% year-over-year).
- 2020: Revenue of $317K, expenses of $266K, and assets of $2.0M (revenue +68.5% year-over-year).
- 2019: Revenue of $188K, expenses of $249K, and assets of $1.9M (revenue -53.0% year-over-year).
- 2018: Revenue of $400K, expenses of $229K, and assets of $1.0M (revenue +96.6% year-over-year).
- 2017: Revenue of $204K, expenses of $241K, and assets of $869K (revenue +13.6% year-over-year).
- 2016: Revenue of $179K, expenses of $246K, and assets of $907K (revenue -73.9% year-over-year).
- 2015: Revenue of $688K, expenses of $239K, and assets of $975K (revenue +299.5% year-over-year).
- 2014: Revenue of $172K, expenses of $184K, and assets of $530K (revenue -58.0% year-over-year).
- 2013: Revenue of $410K, expenses of $130K, and assets of $547K (revenue +99.6% year-over-year).
- 2012: Revenue of $205K, expenses of $152K, and assets of $282K (revenue +73.6% year-over-year).
- 2011: Revenue of $118K, expenses of $110K, and assets of $219K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princess Anne Courthouse Volunteer Rescue Squad And Fire Department:
Data Sources and Methodology
This transparency report for Princess Anne Courthouse Volunteer Rescue Squad And 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.