Salem Fire & Rescue Protection Association
EIN: 561397478 · Morganton, NC · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $925K |
| Total Expenses | $397K |
| Net Assets | $1.6M |
Search Intent Cockpit
Salem Fire & Rescue Protection Association Form 990, Revenue, CEO Pay, and IRS Filing Signals
Salem Fire & Rescue Protection Association is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Salem Fire & Rescue Protection Association in one place.
Form 990 Filing Summary
2 filing years are available, with latest revenue of $571K and expenses of $397K.
Revenue and Expenses
Salem Fire & Rescue Protection Association reported $571K in revenue and $397K in expenses, a surplus of $173K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Salem Fire & Rescue Protection Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Salem Fire & Rescue Protection Association shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Limited filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 2 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and Category M context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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All Category M
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Morganton, NC nonprofitsCategory M in North Carolina
Human Services in North Carolina
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About Salem Fire & Rescue Protection Association
Salem Fire & Rescue Protection Association (EIN: 561397478) is a nonprofit organization based in Morganton, NC, classified under NTEE code M24. The organization reported total revenue of $925K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salem Fire & Rescue Protection Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salem Fire & Rescue Protection Association is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 53.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $571K |
| Total Expenses | $397K |
| Surplus / Deficit | +$173K |
| Total Assets | $1.6M |
| Total Liabilities | $2K |
| Net Assets | $1.6M |
| Operating Margin | 30.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 48.8 months |
Financial Health Grade: A
In 2023, Salem Fire & Rescue Protection Association reported a surplus of $173K with revenue exceeding expenses, holds 48.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Salem Fire & Rescue Protection Association's revenue has grown at a compound annual growth rate (CAGR) of 53.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.8% | +28.2% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Salem Fire & Rescue Protection Association 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 Salem Fire & Rescue Protection Association 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 $173K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Salem Fire & Rescue Protection Association
Is Salem Fire & Rescue Protection Association a legitimate charity?
Salem Fire & Rescue Protection Association (EIN: 561397478) is a registered tax-exempt nonprofit based in North Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $925K. No red flags identified. Financial health grade: A.
How does Salem Fire & Rescue Protection Association spend its money?
Salem Fire & Rescue Protection Association reported $925K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Salem Fire & Rescue Protection Association tax-deductible?
Salem Fire & Rescue Protection Association is registered as a tax-exempt nonprofit (EIN: 561397478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salem Fire & Rescue Protection Association located?
Salem Fire & Rescue Protection Association is headquartered in Morganton, North Carolina and files with the IRS under EIN 561397478. It is classified under NTEE code M24.
How many years of IRS 990 filings does Salem Fire & Rescue Protection Association have?
Salem Fire & Rescue Protection Association has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $925K in total revenue.
Filing History
IRS 990 filing history for Salem Fire & Rescue Protection Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Salem Fire & Rescue Protection Association's revenue has grown by 53.8%, moving from $371K to $571K. Total assets increased by 12% over the same period, from $1.4M to $1.6M. Total functional expenses rose by 28.2%, from $310K to $397K. In its most recent filing year (2023), Salem Fire & Rescue Protection Association reported a surplus of $173K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.6M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $571K | $397K | $1.6M | $2K | — | View 990 |
| 2022 | $371K | $310K | $1.4M | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salem Fire & Rescue Protection Association:
Data Sources and Methodology
This transparency report for Salem Fire & Rescue Protection Association 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.