Selbyville Vol Fire Dept Inc
EIN: 550750837 · Selbyville, WV · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $131K |
| Total Expenses | $80K |
| Net Assets | $170K |
Is Selbyville Vol Fire Dept Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Selbyville Vol Fire Dept Inc
Selbyville Vol Fire Dept Inc (EIN: 550750837) is a nonprofit organization based in Selbyville, WV, classified under NTEE code M24. The organization reported total revenue of $131K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Selbyville Vol Fire Dept Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Selbyville Vol Fire Dept Inc is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $80K |
| Surplus / Deficit | +$47K |
| Total Assets | $298K |
| Total Liabilities | $127K |
| Net Assets | $170K |
| Operating Margin | 37.1% |
| Debt-to-Asset Ratio | 42.8% |
| Months of Reserves | 44.4 months |
Financial Health Grade: A
In 2023, Selbyville Vol Fire Dept Inc reported a surplus of $47K with revenue exceeding expenses, holds 44.4 months of operating reserves (strong position), has a debt-to-asset ratio of 42.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Selbyville Vol Fire Dept Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | -45.9% | +12.5% |
| 2022 | +24.6% | +28.6% | -17.5% |
| 2021 | -2.0% | -22.3% | -1.2% |
| 2020 | +20.1% | +13.3% | -15.0% |
| 2019 | -5.5% | -22.7% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Selbyville Vol Fire Dept 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 Selbyville Vol Fire Dept 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 $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.8%.
Frequently Asked Questions about Selbyville Vol Fire Dept Inc
Is Selbyville Vol Fire Dept Inc a legitimate charity?
Selbyville Vol Fire Dept Inc (EIN: 550750837) is a registered tax-exempt nonprofit based in West Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $131K. No red flags identified. Financial health grade: A.
How does Selbyville Vol Fire Dept Inc spend its money?
Selbyville Vol Fire Dept Inc reported $131K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Selbyville Vol Fire Dept Inc tax-deductible?
Selbyville Vol Fire Dept Inc is registered as a tax-exempt nonprofit (EIN: 550750837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Selbyville Vol Fire Dept Inc located?
Selbyville Vol Fire Dept Inc is headquartered in Selbyville, West Virginia and files with the IRS under EIN 550750837. It is classified under NTEE code M24.
How many years of IRS 990 filings does Selbyville Vol Fire Dept Inc have?
Selbyville Vol Fire Dept Inc 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 $131K in total revenue.
Filing History
IRS 990 filing history for Selbyville Vol Fire Dept Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Selbyville Vol Fire Dept Inc's revenue has grown by 47.5%, moving from $87K to $128K. Total assets increased by 36.8% over the same period, from $217K to $298K. Total functional expenses rose by 44.7%, from $56K to $80K. In its most recent filing year (2023), Selbyville Vol Fire Dept Inc reported a surplus of $47K, with revenue exceeding expenses. The organization holds $127K in liabilities against $298K in assets (debt-to-asset ratio: 42.8%), resulting in net assets of $170K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $80K | $298K | $127K | — | — |
| 2022 | $127K | $149K | $265K | $142K | — | View 990 |
| 2021 | $102K | $116K | $321K | $176K | — | View 990 |
| 2020 | $104K | $149K | $324K | $166K | — | View 990 |
| 2019 | $86K | $131K | $382K | $178K | — | View 990 |
| 2018 | $91K | $170K | $438K | $189K | — | View 990 |
| 2017 | $95K | $112K | $526K | $199K | — | View 990 |
| 2016 | $203K | $95K | $344K | $184 | — | View 990 |
| 2015 | $80K | $62K | $238K | $2K | — | View 990 |
| 2014 | $88K | $74K | $227K | $9K | — | View 990 |
| 2013 | $83K | $84K | $218K | $15K | — | View 990 |
| 2012 | $63K | $61K | $225K | $20K | — | View 990 |
| 2011 | $87K | $56K | $217K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $80K, and assets of $298K (revenue +0.8% year-over-year).
- 2022: Revenue of $127K, expenses of $149K, and assets of $265K (revenue +24.6% year-over-year).
- 2021: Revenue of $102K, expenses of $116K, and assets of $321K (revenue -2.0% year-over-year).
- 2020: Revenue of $104K, expenses of $149K, and assets of $324K (revenue +20.1% year-over-year).
- 2019: Revenue of $86K, expenses of $131K, and assets of $382K (revenue -5.5% year-over-year).
- 2018: Revenue of $91K, expenses of $170K, and assets of $438K (revenue -3.5% year-over-year).
- 2017: Revenue of $95K, expenses of $112K, and assets of $526K (revenue -53.3% year-over-year).
- 2016: Revenue of $203K, expenses of $95K, and assets of $344K (revenue +155.2% year-over-year).
- 2015: Revenue of $80K, expenses of $62K, and assets of $238K (revenue -10.1% year-over-year).
- 2014: Revenue of $88K, expenses of $74K, and assets of $227K (revenue +6.7% year-over-year).
- 2013: Revenue of $83K, expenses of $84K, and assets of $218K (revenue +32.4% year-over-year).
- 2012: Revenue of $63K, expenses of $61K, and assets of $225K (revenue -27.7% year-over-year).
- 2011: Revenue of $87K, expenses of $56K, and assets of $217K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Selbyville Vol Fire Dept Inc:
Data Sources and Methodology
This transparency report for Selbyville Vol Fire Dept 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.