Rutherford County Fire Rescue Association Inc
EIN: 813061650 · Spindale, NC · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $84K |
| Net Assets | $716K |
Is Rutherford County Fire Rescue Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rutherford County Fire Rescue Association Inc
Rutherford County Fire Rescue Association Inc (EIN: 813061650) is a nonprofit organization based in Spindale, NC, classified under NTEE code M24. The organization reported total revenue of $227K and total assets of $874K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rutherford County Fire Rescue Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rutherford County Fire Rescue Association Inc is a small nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 69.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $84K |
| Surplus / Deficit | +$96K |
| Total Assets | $874K |
| Total Liabilities | $158K |
| Net Assets | $716K |
| Operating Margin | 53.1% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 124.2 months |
Financial Health Grade: A
In 2023, Rutherford County Fire Rescue Association Inc reported a surplus of $96K with revenue exceeding expenses, holds 124.2 months of operating reserves (strong position), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Rutherford County Fire Rescue Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 69.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | -22.1% | +7.6% |
| 2022 | +0.2% | +18.6% | +3.9% |
| 2021 | -9.6% | -47.5% | +67.1% |
| 2020 | +300.7% | +276.8% | +4.2% |
| 2019 | -66.4% | +118.1% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rutherford County Fire Rescue Association Inc 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 Rutherford County Fire Rescue Association Inc 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 surplus of $96K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.1%.
Frequently Asked Questions about Rutherford County Fire Rescue Association Inc
Is Rutherford County Fire Rescue Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rutherford County Fire Rescue Association Inc (EIN: 813061650) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rutherford County Fire Rescue Association Inc spend its money?
Detailed spending breakdown data is not yet available for Rutherford County Fire Rescue Association Inc. Check back for updated IRS 990 analysis.
Are donations to Rutherford County Fire Rescue Association Inc tax-deductible?
Rutherford County Fire Rescue Association Inc is registered as a tax-exempt nonprofit (EIN: 813061650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rutherford County Fire Rescue Association Inc located?
Rutherford County Fire Rescue Association Inc is headquartered in Spindale, North Carolina and files with the IRS under EIN 813061650. It is classified under NTEE code M24.
How many years of IRS 990 filings does Rutherford County Fire Rescue Association Inc have?
Rutherford County Fire Rescue Association Inc has 7 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 $227K in total revenue.
Filing History
IRS 990 filing history for Rutherford County Fire Rescue Association Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Rutherford County Fire Rescue Association Inc's revenue has grown by 2304.9%, moving from $7K to $180K. Total assets increased by 168.9% over the same period, from $325K to $874K. Total functional expenses rose by 577.2%, from $12K to $84K. In its most recent filing year (2023), Rutherford County Fire Rescue Association Inc reported a surplus of $96K, with revenue exceeding expenses. The organization holds $158K in liabilities against $874K in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $716K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $180K | $84K | $874K | $158K | — | View 990 |
| 2022 | $175K | $108K | $812K | $195K | — | — |
| 2021 | $174K | $91K | $782K | $231K | — | — |
| 2020 | $193K | $174K | $468K | $0 | — | View 990 |
| 2019 | $48K | $46K | $449K | $0 | — | View 990 |
| 2018 | $143K | $21K | $447K | $0 | — | View 990 |
| 2017 | $7K | $12K | $325K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $180K, expenses of $84K, and assets of $874K (revenue +3.0% year-over-year).
- 2022: Revenue of $175K, expenses of $108K, and assets of $812K (revenue +0.2% year-over-year).
- 2021: Revenue of $174K, expenses of $91K, and assets of $782K (revenue -9.6% year-over-year).
- 2020: Revenue of $193K, expenses of $174K, and assets of $468K (revenue +300.7% year-over-year).
- 2019: Revenue of $48K, expenses of $46K, and assets of $449K (revenue -66.4% year-over-year).
- 2018: Revenue of $143K, expenses of $21K, and assets of $447K (revenue +1815.3% year-over-year).
- 2017: Revenue of $7K, expenses of $12K, and assets of $325K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rutherford County Fire Rescue Association Inc:
Data Sources and Methodology
This transparency report for Rutherford County Fire Rescue Association 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.