Purgatorie River Volunteer Fire Department

Purgatorie River Volunteer Fire Department consistently directs all funds to operations with no officer compensation.

EIN: 205549342 · Trinidad, CO · NTEE: M24 · Updated: 2026-03-28

$1.5MRevenue

$121KAssets

95/100Mission Score (Excellent)

M24

About Purgatorie River Volunteer Fire Department

Purgatorie River Volunteer Fire Department (EIN: 205549342) is a nonprofit organization based in Trinidad, CO, classified under NTEE code M24. The organization reported total revenue of $1.5M and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purgatorie River Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Purgatorie River Volunteer Fire Department demonstrates a strong commitment to its program services, as evidenced by its consistent spending patterns. In 2023, the organization reported expenses of $1,138,526 against revenues of $1,144,255, indicating that nearly all funds are directly utilized for its mission. The organization's assets have shown significant growth, increasing from $46,572 in 2021 to $321,284 in 2023, suggesting effective financial management and capacity building. 

The department's financial health appears robust, with revenues generally exceeding expenses in recent years, allowing for asset accumulation. The absence of reported liabilities in recent filings (2020-2023) further underscores a healthy balance sheet. The organization's transparency is commendable, particularly given its consistent filing of IRS Form 990s and the clear reporting of zero officer compensation, which indicates that leadership is purely volunteer-based and resources are directed towards operational needs rather than executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Purgatorie River Volunteer Fire Department with a Mission Score of 95 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: 0%
programs: 100%
fundraising: 0%

According to IRS 990 filings, Purgatorie River Volunteer Fire Department allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 all officers serve on a volunteer basis, which is highly commendable for a nonprofit of this size and mission.

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 Purgatorie River Volunteer Fire Department:

100% program spending, with no reported administrative or fundraising costs separate from program expenses.
Zero officer compensation reported across all filings, indicating a fully volunteer leadership.
Consistent growth in revenue and assets, with assets increasing from $46,572 in 2021 to $321,284 in 2023.
No reported liabilities in recent years (2020-2023), indicating strong financial stability.
High efficiency in utilizing funds, with expenses closely matching revenues in most recent periods (e.g., $1,138,526 expenses vs. $1,144,255 revenue in 2023).

Frequently Asked Questions about Purgatorie River Volunteer Fire Department

Is Purgatorie River Volunteer Fire Department a good charity?

Yes, based on the provided data, Purgatorie River Volunteer Fire Department appears to be a very good charity. It consistently spends nearly all its revenue on its mission, has no officer compensation, and maintains a healthy financial position with growing assets and no liabilities in recent years.

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

The organization has shown significant growth and improved financial health, particularly from 2021 to 2023. Revenue increased from $472,433 in 2021 to $1,144,255 in 2023, and assets grew from $46,572 to $321,284 in the same period, indicating strong financial management and increasing capacity.

Does the Purgatorie River Volunteer Fire Department have any debt?

No, the Purgatorie River Volunteer Fire Department has reported $0 in liabilities for the periods 2020, 2021, 2022, and 2023, indicating a debt-free status in recent years.

Filing History

IRS 990 filing history for Purgatorie River Volunteer Fire Department showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Purgatorie River Volunteer Fire Department's revenue has grown by 810.9%, moving from $126K to $1.1M. Total assets increased by 233.2% over the same period, from $96K to $321K. Total functional expenses rose by 1057.7%, from $98K to $1.1M. In its most recent filing year (2023), Purgatorie River Volunteer Fire Department reported a surplus of $6K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.1M	$1.1M	$321K	$0	—	—
2022	$1.1M	$882K	$316K	$0	—	View 990
2021	$472K	$430K	$47K	$0	—	—
2020	$549K	$534K	$34K	$0	—	View 990
2019	$193K	$214K	$20K	$0	—	View 990
2018	$320K	$284K	$70K	$0	—	View 990
2017	$157K	$128K	$35K	$0	—	View 990
2016	$47K	$113K	$21K	$15K	—	View 990
2015	$7K	$16K	$64K	$15K	—	View 990
2014	$686	$35K	$87K	$29K	—	View 990
2013	$152K	$148K	$131K	$52K	—	View 990
2012	$240K	$204K	$119K	$39K	—	View 990
2011	$126K	$98K	$96K	$50K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.1M, expenses of $1.1M, and assets of $321K (revenue +6.6% year-over-year).
2022: Revenue of $1.1M, expenses of $882K, and assets of $316K (revenue +127.2% year-over-year).
2021: Revenue of $472K, expenses of $430K, and assets of $47K (revenue -13.9% year-over-year).
2020: Revenue of $549K, expenses of $534K, and assets of $34K (revenue +183.8% year-over-year).
2019: Revenue of $193K, expenses of $214K, and assets of $20K (revenue -39.5% year-over-year).
2018: Revenue of $320K, expenses of $284K, and assets of $70K (revenue +103.7% year-over-year).
2017: Revenue of $157K, expenses of $128K, and assets of $35K (revenue +237.0% year-over-year).
2016: Revenue of $47K, expenses of $113K, and assets of $21K (revenue +575.2% year-over-year).
2015: Revenue of $7K, expenses of $16K, and assets of $64K (revenue +905.0% year-over-year).
2014: Revenue of $686, expenses of $35K, and assets of $87K (revenue -99.5% year-over-year).
2013: Revenue of $152K, expenses of $148K, and assets of $131K (revenue -36.6% year-over-year).
2012: Revenue of $240K, expenses of $204K, and assets of $119K (revenue +90.9% year-over-year).
2011: Revenue of $126K, expenses of $98K, and assets of $96K.

Data Sources and Methodology

This transparency report for Purgatorie River 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.