Puppy Creek Fire Department Inc

Puppy Creek Fire Department Inc shows consistent revenue growth and no reported officer compensation over the past decade.

EIN: 10824559 · Raeford, NC · NTEE: M24 · Updated: 2026-03-28

$1.7MRevenue

$3.6MAssets

92/100Mission Score (Excellent)

M24

About Puppy Creek Fire Department Inc

Puppy Creek Fire Department Inc (EIN: 10824559) is a nonprofit organization based in Raeford, NC, classified under NTEE code M24. The organization reported total revenue of $1.7M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Puppy Creek Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Puppy Creek Fire Department Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization's revenue has steadily increased from $858,936 in 2015 to $1,577,187 in 2024, indicating strong community support and effective fundraising. Their assets have also grown significantly, from $1,596,459 in 2015 to $2,506,764 in 2024, while liabilities have generally decreased or remained manageable, suggesting prudent financial management. The organization consistently spends less than it earns, as evidenced by the 2024 period where revenue was $1,577,187 against expenses of $1,462,980, contributing to asset accumulation.

The organization's transparency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that the leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. The NTEE code M24 (Volunteer Fire Departments) further supports the likelihood of a volunteer-driven model. While specific program spending details are not provided in the summary data, the overall financial health and lack of executive compensation suggest a strong focus on mission.

Overall, Puppy Creek Fire Department Inc exhibits sound financial practices, consistent growth, and a high degree of transparency regarding executive compensation. Their ability to maintain a positive net income and grow assets over time, coupled with no reported officer compensation, paints a picture of a well-managed and mission-focused organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Puppy Creek Fire Department Inc 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Puppy Creek Fire Department Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with current assets of $2,506,764.

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 Puppy Creek Fire Department Inc:

Consistent revenue growth, nearly doubling from $858,936 in 2015 to $1,577,187 in 2024.
No reported officer compensation (0%) across all 14 filings, indicating a strong volunteer or highly efficient compensation model.
Positive net income in most years, with revenue consistently exceeding expenses (e.g., $1,577,187 revenue vs. $1,462,980 expenses in 2024).
Significant asset growth from $1,596,459 in 2015 to $2,506,764 in 2024, demonstrating financial accumulation and stability.
Decreasing trend in liabilities, from a high of $833,203 in 2017 to $160,806 in 2024, improving the organization's financial leverage.

Frequently Asked Questions about Puppy Creek Fire Department Inc

Is Puppy Creek Fire Department Inc a good charity?

Based on the provided financial data, Puppy Creek Fire Department Inc appears to be a very good charity. They demonstrate consistent financial growth, prudent management with expenses generally below revenue, and a notable commitment to transparency by reporting 0% officer compensation for over a decade.

How has the organization's financial health changed over time?

The organization's financial health has steadily improved. Revenue has nearly doubled from $858,936 in 2015 to $1,577,187 in 2024, and assets have grown from $1,596,459 to $2,506,764 in the same period, indicating strong and sustainable growth.

What is the trend in their liabilities?

Liabilities have generally decreased or remained stable over the past decade, from a high of $833,203 in 2017 to $160,806 in 2024, which is a positive indicator of financial stability and reduced debt burden.

Filing History

IRS 990 filing history for Puppy Creek Fire Department Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Puppy Creek Fire Department Inc's revenue has grown by 234.5%, moving from $472K to $1.6M. Total assets increased by 10.5% over the same period, from $2.3M to $2.5M. Total functional expenses rose by 146.6%, from $593K to $1.5M. In its most recent filing year (2024), Puppy Creek Fire Department Inc reported a surplus of $114K, with revenue exceeding expenses. The organization holds $161K in liabilities against $2.5M in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $2.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$1.6M	$1.5M	$2.5M	$161K	—	View 990
2023	$1.3M	$1.3M	$2.5M	$254K	—	View 990
2022	$1.3M	$1.1M	$2.7M	$392K	—	View 990
2021	$1.2M	$1.2M	$2.6M	$421K	—	View 990
2020	$993K	$831K	$2.7M	$526K	—	View 990
2019	$955K	$831K	$2.7M	$636K	—	View 990
2018	$1.1M	$794K	$2.7M	$736K	—	View 990
2017	$913K	$793K	$2.5M	$833K	—	View 990
2016	$877K	$690K	$1.6M	$156K	—	View 990
2015	$859K	$713K	$1.6M	$297K	—	View 990
2014	$661K	$724K	$1.6M	$427K	—	View 990
2013	$489K	$623K	$1.8M	$560K	—	View 990
2012	$464K	$572K	$2.0M	$687K	—	View 990
2011	$472K	$593K	$2.3M	$811K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $1.6M, expenses of $1.5M, and assets of $2.5M (revenue +24.3% year-over-year).
2023: Revenue of $1.3M, expenses of $1.3M, and assets of $2.5M (revenue -5.2% year-over-year).
2022: Revenue of $1.3M, expenses of $1.1M, and assets of $2.7M (revenue +13.6% year-over-year).
2021: Revenue of $1.2M, expenses of $1.2M, and assets of $2.6M (revenue +18.6% year-over-year).
2020: Revenue of $993K, expenses of $831K, and assets of $2.7M (revenue +4.0% year-over-year).
2019: Revenue of $955K, expenses of $831K, and assets of $2.7M (revenue -14.4% year-over-year).
2018: Revenue of $1.1M, expenses of $794K, and assets of $2.7M (revenue +22.4% year-over-year).
2017: Revenue of $913K, expenses of $793K, and assets of $2.5M (revenue +4.1% year-over-year).
2016: Revenue of $877K, expenses of $690K, and assets of $1.6M (revenue +2.1% year-over-year).
2015: Revenue of $859K, expenses of $713K, and assets of $1.6M (revenue +30.0% year-over-year).
2014: Revenue of $661K, expenses of $724K, and assets of $1.6M (revenue +35.2% year-over-year).
2013: Revenue of $489K, expenses of $623K, and assets of $1.8M (revenue +5.3% year-over-year).
2012: Revenue of $464K, expenses of $572K, and assets of $2.0M (revenue -1.6% year-over-year).
2011: Revenue of $472K, expenses of $593K, and assets of $2.3M.

Data Sources and Methodology

This transparency report for Puppy Creek Fire Department 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.