Reynolds Store Volunteer Fire Company
EIN: 541082138 · Cross Jct, VA · NTEE: M24Z
| Metric | Value |
|---|---|
| Total Revenue | $436K |
| Total Expenses | $276K |
| Net Assets | $794K |
Is Reynolds Store Volunteer Fire Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reynolds Store Volunteer Fire Company
Reynolds Store Volunteer Fire Company (EIN: 541082138) is a nonprofit organization based in Cross Jct, VA, classified under NTEE code M24Z. The organization reported total revenue of $436K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reynolds Store Volunteer Fire Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reynolds Store Volunteer Fire Company is a small nonprofit that has been operating for 46 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 | $232K |
| Total Expenses | $276K |
| Surplus / Deficit | $-43,561 |
| Total Assets | $1.5M |
| Total Liabilities | $730K |
| Net Assets | $794K |
| Operating Margin | -18.7% |
| Debt-to-Asset Ratio | 47.9% |
| Months of Reserves | 66.3 months |
Financial Health Grade: B
In 2023, Reynolds Store Volunteer Fire Company reported a deficit of $44K with expenses exceeding revenue, holds 66.3 months of operating reserves (strong position), has a debt-to-asset ratio of 47.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Reynolds Store Volunteer Fire Company's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.2% | +69.7% | +82.0% |
| 2022 | +46.7% | -2.9% | +6.1% |
| 2021 | -1.9% | -8.3% | -4.0% |
| 2020 | -20.9% | -16.0% | -4.0% |
| 2019 | -3.9% | -14.7% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reynolds Store Volunteer Fire Company 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 Reynolds Store Volunteer Fire Company 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 $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.9%.
Frequently Asked Questions about Reynolds Store Volunteer Fire Company
Is Reynolds Store Volunteer Fire Company a legitimate charity?
Reynolds Store Volunteer Fire Company (EIN: 541082138) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $436K. No red flags identified. Financial health grade: B.
How does Reynolds Store Volunteer Fire Company spend its money?
Reynolds Store Volunteer Fire Company reported $436K 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 Reynolds Store Volunteer Fire Company tax-deductible?
Reynolds Store Volunteer Fire Company is registered as a tax-exempt nonprofit (EIN: 541082138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reynolds Store Volunteer Fire Company located?
Reynolds Store Volunteer Fire Company is headquartered in Cross Jct, Virginia and files with the IRS under EIN 541082138. It is classified under NTEE code M24Z.
How many years of IRS 990 filings does Reynolds Store Volunteer Fire Company have?
Reynolds Store Volunteer Fire Company 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 $436K in total revenue.
Filing History
IRS 990 filing history for Reynolds Store Volunteer Fire Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Reynolds Store Volunteer Fire Company's revenue has grown by 9%, moving from $213K to $232K. Total assets decreased by 1.6% over the same period, from $1.5M to $1.5M. Total functional expenses rose by 72.6%, from $160K to $276K. In its most recent filing year (2023), Reynolds Store Volunteer Fire Company reported a deficit of $44K, with expenses exceeding revenue. The organization holds $730K in liabilities against $1.5M in assets (debt-to-asset ratio: 47.9%), resulting in net assets of $794K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $276K | $1.5M | $730K | — | — |
| 2022 | $256K | $163K | $837K | $0 | — | — |
| 2021 | $174K | $167K | $789K | $45K | — | View 990 |
| 2020 | $178K | $183K | $822K | $85K | — | — |
| 2019 | $225K | $217K | $857K | $115K | — | View 990 |
| 2018 | $234K | $255K | $924K | $189K | — | View 990 |
| 2017 | $289K | $341K | $976K | $220K | — | View 990 |
| 2016 | $186K | $147K | $823K | $138 | — | View 990 |
| 2015 | $198K | $194K | $786K | $138 | — | View 990 |
| 2014 | $208K | $165K | $826K | $43K | — | View 990 |
| 2013 | $179K | $176K | $1.4M | $113K | — | View 990 |
| 2012 | $191K | $193K | $1.5M | $171K | — | View 990 |
| 2011 | $213K | $160K | $1.5M | $240K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $232K, expenses of $276K, and assets of $1.5M (revenue -9.2% year-over-year).
- 2022: Revenue of $256K, expenses of $163K, and assets of $837K (revenue +46.7% year-over-year).
- 2021: Revenue of $174K, expenses of $167K, and assets of $789K (revenue -1.9% year-over-year).
- 2020: Revenue of $178K, expenses of $183K, and assets of $822K (revenue -20.9% year-over-year).
- 2019: Revenue of $225K, expenses of $217K, and assets of $857K (revenue -3.9% year-over-year).
- 2018: Revenue of $234K, expenses of $255K, and assets of $924K (revenue -19.0% year-over-year).
- 2017: Revenue of $289K, expenses of $341K, and assets of $976K (revenue +55.1% year-over-year).
- 2016: Revenue of $186K, expenses of $147K, and assets of $823K (revenue -5.9% year-over-year).
- 2015: Revenue of $198K, expenses of $194K, and assets of $786K (revenue -4.8% year-over-year).
- 2014: Revenue of $208K, expenses of $165K, and assets of $826K (revenue +16.5% year-over-year).
- 2013: Revenue of $179K, expenses of $176K, and assets of $1.4M (revenue -6.5% year-over-year).
- 2012: Revenue of $191K, expenses of $193K, and assets of $1.5M (revenue -10.4% year-over-year).
- 2011: Revenue of $213K, expenses of $160K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reynolds Store Volunteer Fire Company:
Data Sources and Methodology
This transparency report for Reynolds Store Volunteer Fire Company 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.