Selma Volunteer Fire Dept
Selma Volunteer Fire Dept consistently maintains financial stability with growing assets and no officer compensation.
EIN: 10634033 · Tillar, AR · NTEE: M24 · Updated: 2026-03-28
Is Selma Volunteer Fire Dept Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Selma Volunteer Fire Dept directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Selma Volunteer Fire Dept
Selma Volunteer Fire Dept (EIN: 10634033) is a nonprofit organization based in Tillar, AR, classified under NTEE code M24. The organization reported total revenue of $25K and total assets of $270K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Selma Volunteer Fire Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Selma Volunteer Fire Dept with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Selma Volunteer Fire Dept allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership serves on a volunteer basis, which is highly commendable for a nonprofit of this size.
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 Selma Volunteer Fire Dept:
- Consistent asset growth, from $165,270 in 2014 to $260,814 in 2023, indicating financial stability.
- Zero officer compensation reported across all filings, ensuring funds are directed to the mission.
- Consistent positive net income, with revenue exceeding expenses in all reported periods (e.g., $21,596 revenue vs. $14,302 expenses in 2023).
- Stable and manageable liabilities, consistently at $19,800 for several recent years.
- Regular and timely IRS 990 filings over 13 periods, demonstrating strong transparency.
Frequently Asked Questions about Selma Volunteer Fire Dept
Is Selma Volunteer Fire Dept a legitimate charity?
Based on AI analysis of IRS 990 filings, Selma Volunteer Fire Dept (EIN: 10634033) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Selma Volunteer Fire Dept spend its money?
Selma Volunteer Fire Dept directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Selma Volunteer Fire Dept tax-deductible?
Selma Volunteer Fire Dept is registered as a tax-exempt nonprofit (EIN: 10634033). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Selma Volunteer Fire Dept a good charity?
Yes, based on the available financial data, Selma Volunteer Fire Dept appears to be a very good charity. It consistently operates within its means, has growing assets, and reports no officer compensation, indicating efficient use of funds for its mission.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $165,270 in 2014 to $260,814 in 2023, demonstrating strong financial stewardship and accumulation of resources.
What is the trend in revenue and expenses?
Revenue and expenses fluctuate year-to-year, but the organization consistently maintains a positive net income. For example, in 2023, revenue was $21,596 against expenses of $14,302, and in 2022, revenue was $30,401 against expenses of $12,917, indicating sound financial management.
Filing History
IRS 990 filing history for Selma Volunteer Fire Dept showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Selma Volunteer Fire Dept's revenue has grown by 57.9%, moving from $14K to $22K. Total assets increased by 96.2% over the same period, from $133K to $261K. Total functional expenses rose by 48.3%, from $10K to $14K. In its most recent filing year (2023), Selma Volunteer Fire Dept reported a surplus of $7K, with revenue exceeding expenses. The organization holds $20K in liabilities against $261K in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $241K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $14K | $261K | $20K | — | — |
| 2022 | $30K | $13K | $254K | $20K | — | View 990 |
| 2021 | $23K | $14K | $236K | $20K | — | — |
| 2020 | $13K | $8K | $254K | $20K | — | — |
| 2019 | $22K | $16K | $249K | $20K | — | View 990 |
| 2018 | $52K | $22K | $243K | $20K | — | View 990 |
| 2017 | $21K | $9K | $221K | $27K | — | View 990 |
| 2016 | $14K | $8K | $182K | $0 | — | View 990 |
| 2015 | $16K | $6K | $175K | $0 | — | View 990 |
| 2014 | $15K | $8K | $165K | $0 | — | View 990 |
| 2013 | $14K | $4K | $158K | $0 | — | View 990 |
| 2012 | $16K | $6K | $148K | $0 | — | View 990 |
| 2011 | $14K | $10K | $133K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $14K, and assets of $261K (revenue -29.0% year-over-year).
- 2022: Revenue of $30K, expenses of $13K, and assets of $254K (revenue +32.3% year-over-year).
- 2021: Revenue of $23K, expenses of $14K, and assets of $236K (revenue +77.1% year-over-year).
- 2020: Revenue of $13K, expenses of $8K, and assets of $254K (revenue -40.7% year-over-year).
- 2019: Revenue of $22K, expenses of $16K, and assets of $249K (revenue -57.6% year-over-year).
- 2018: Revenue of $52K, expenses of $22K, and assets of $243K (revenue +143.3% year-over-year).
- 2017: Revenue of $21K, expenses of $9K, and assets of $221K (revenue +55.3% year-over-year).
- 2016: Revenue of $14K, expenses of $8K, and assets of $182K (revenue -13.6% year-over-year).
- 2015: Revenue of $16K, expenses of $6K, and assets of $175K (revenue +7.4% year-over-year).
- 2014: Revenue of $15K, expenses of $8K, and assets of $165K (revenue +3.6% year-over-year).
- 2013: Revenue of $14K, expenses of $4K, and assets of $158K (revenue -10.9% year-over-year).
- 2012: Revenue of $16K, expenses of $6K, and assets of $148K (revenue +16.6% year-over-year).
- 2011: Revenue of $14K, expenses of $10K, and assets of $133K.
Data Sources and Methodology
This transparency report for Selma Volunteer Fire Dept 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.