Propst Cross Roads Volunteer Fire Department 5
Propst Cross Roads Volunteer Fire Department 5 consistently operates with a surplus and zero officer compensation.
EIN: 10953851 · Newton, NC · NTEE: M24 · Updated: 2026-03-28
About Propst Cross Roads Volunteer Fire Department 5
Propst Cross Roads Volunteer Fire Department 5 (EIN: 10953851) is a nonprofit organization based in Newton, NC, classified under NTEE code M24. The organization reported total revenue of $433K and total assets of $991K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Propst Cross Roads Volunteer Fire Department 5's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Propst Cross Roads Volunteer Fire Department 5 with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Propst Cross Roads Volunteer Fire Department 5 allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently 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 current assets of $990,783.
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 Propst Cross Roads Volunteer Fire Department 5:
- Consistent financial surplus, e.g., $49,082 in 202406 ($384,501 revenue - $335,419 expenses).
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Strong asset growth, from $591,417 in 2020 to $990,783 currently.
- Consistent IRS 990 filing history (12 filings), demonstrating transparency.
- Healthy balance sheet with manageable liabilities relative to assets.
Frequently Asked Questions about Propst Cross Roads Volunteer Fire Department 5
Is Propst Cross Roads Volunteer Fire Department 5 a good charity?
Yes, Propst Cross Roads Volunteer Fire Department 5 appears to be a very good charity. It consistently operates with a financial surplus, has growing assets, and reports 0% officer compensation, indicating strong financial health and a volunteer-driven leadership.
How does the organization manage its expenses?
The organization manages its expenses effectively, consistently spending less than its revenue. For example, in the 202406 period, expenses were $335,419 against revenues of $384,501, resulting in a surplus that contributes to asset growth.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, increasing from $591,417 in 2020 to $990,783 currently, indicating successful financial management and investment in its operational capacity.
Filing History
IRS 990 filing history for Propst Cross Roads Volunteer Fire Department 5 showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Propst Cross Roads Volunteer Fire Department 5's revenue has grown by 77.9%, moving from $216K to $385K. Total assets decreased by 14% over the same period, from $1.1M to $914K. Total functional expenses rose by 349.9%, from $75K to $335K. In its most recent filing year (2024), Propst Cross Roads Volunteer Fire Department 5 reported a surplus of $49K, with revenue exceeding expenses. The organization holds $93K in liabilities against $914K in assets (debt-to-asset ratio: 10.2%), resulting in net assets of $821K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $385K | $335K | $914K | $93K | — | — |
| 2023 | $416K | $323K | $887K | $120K | — | — |
| 2022 | $248K | $236K | $794K | $122K | — | View 990 |
| 2021 | $256K | $168K | $656K | $0 | — | — |
| 2020 | $246K | $214K | $591K | $0 | — | View 990 |
| 2019 | $242K | $213K | $559K | $0 | — | View 990 |
| 2018 | $254K | $243K | $585K | $55K | — | View 990 |
| 2017 | $210K | $145K | $870K | $112K | — | View 990 |
| 2016 | $209K | $167K | $864K | $226K | — | View 990 |
| 2015 | $237K | $146K | $918K | $284K | — | View 990 |
| 2014 | $212K | $171K | $945K | $367K | — | View 990 |
| 2013 | $216K | $75K | $1.1M | $383K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $385K, expenses of $335K, and assets of $914K (revenue -7.5% year-over-year).
- 2023: Revenue of $416K, expenses of $323K, and assets of $887K (revenue +67.4% year-over-year).
- 2022: Revenue of $248K, expenses of $236K, and assets of $794K (revenue -2.9% year-over-year).
- 2021: Revenue of $256K, expenses of $168K, and assets of $656K (revenue +3.9% year-over-year).
- 2020: Revenue of $246K, expenses of $214K, and assets of $591K (revenue +1.5% year-over-year).
- 2019: Revenue of $242K, expenses of $213K, and assets of $559K (revenue -4.7% year-over-year).
- 2018: Revenue of $254K, expenses of $243K, and assets of $585K (revenue +21.2% year-over-year).
- 2017: Revenue of $210K, expenses of $145K, and assets of $870K (revenue +0.5% year-over-year).
- 2016: Revenue of $209K, expenses of $167K, and assets of $864K (revenue -11.9% year-over-year).
- 2015: Revenue of $237K, expenses of $146K, and assets of $918K (revenue +11.7% year-over-year).
- 2014: Revenue of $212K, expenses of $171K, and assets of $945K (revenue -1.8% year-over-year).
- 2013: Revenue of $216K, expenses of $75K, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Propst Cross Roads Volunteer Fire Department 5 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.