Shaker Road Loudonville Fire Dept Inc
Shaker Road Loudonville Fire Dept: Consistent Revenue, Strong Assets, and Community Focus
EIN: 222534501 · Loudonville, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $7.5M |
| Transparency Score | 85/100 |
Is Shaker Road Loudonville Fire Dept Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shaker Road Loudonville Fire Dept Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shaker Road Loudonville Fire Dept Inc
Shaker Road Loudonville Fire Dept Inc (EIN: 222534501) is a nonprofit organization based in Loudonville, NY. The organization reported total revenue of $2.0M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shaker Road Loudonville Fire Dept Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shaker Road Loudonville Fire Dept Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-139,883 |
| Total Assets | $7.7M |
| Total Liabilities | $189K |
| Net Assets | $7.5M |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 45.2 months |
Financial Health Grade: B
In 2023, Shaker Road Loudonville Fire Dept Inc reported a deficit of $140K with expenses exceeding revenue, holds 45.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Shaker Road Loudonville Fire Dept Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | +7.6% | -1.7% |
| 2022 | +7.0% | +35.2% | +1.9% |
| 2021 | +9.7% | +16.7% | -8.5% |
| 2020 | +0.4% | -8.8% | +26.5% |
| 2019 | +3.2% | -8.6% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Shaker Road Loudonville Fire Dept Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Shaker Road Loudonville Fire Dept Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $140K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-led executive team, which is highly efficient 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 Shaker Road Loudonville Fire Dept Inc:
- Strong asset base of $7,715,496 provides financial stability.
- Consistent revenue generation, averaging over $1.7M annually, demonstrates reliable community support.
- Volunteer-led executive team (0% compensation) maximizes resources for mission-related activities.
- Low liabilities relative to assets, with liabilities at $188,857 in 2023, indicating sound financial management.
Frequently Asked Questions about Shaker Road Loudonville Fire Dept Inc
Is Shaker Road Loudonville Fire Dept Inc a legitimate charity?
Shaker Road Loudonville Fire Dept Inc (EIN: 222534501) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Shaker Road Loudonville Fire Dept Inc spend its money?
Shaker Road Loudonville Fire Dept Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Shaker Road Loudonville Fire Dept Inc tax-deductible?
Shaker Road Loudonville Fire Dept Inc is registered as a tax-exempt nonprofit (EIN: 222534501). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Shaker Road Loudonville Fire Dept Inc CEO make?
Shaker Road Loudonville Fire Dept Inc's highest-compensated officer earns $0 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Shaker Road Loudonville Fire Dept Inc's spending goes to programs?
Shaker Road Loudonville Fire Dept Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Shaker Road Loudonville Fire Dept Inc located?
Shaker Road Loudonville Fire Dept Inc is headquartered in Loudonville, New York and files with the IRS under EIN 222534501.
How many years of IRS 990 filings does Shaker Road Loudonville Fire Dept Inc have?
Shaker Road Loudonville 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 $2.0M in total revenue.
What does Shaker Road Loudonville Fire Dept Inc do?
Shaker Road Loudonville Fire Dept Inc is a nonprofit organization in the Unknown sector, located in Loudonville, New York. It is classified under NTEE code Unknown.
How much revenue does Shaker Road Loudonville Fire Dept Inc have?
Shaker Road Loudonville Fire Dept Inc reported total revenue of $2,042,824. Based on 13 IRS 990 filings on record.
What are Shaker Road Loudonville Fire Dept Inc's total assets?
Shaker Road Loudonville Fire Dept Inc holds total assets of $7,715,496 as reported in IRS 990 filings.
Where is Shaker Road Loudonville Fire Dept Inc located?
Shaker Road Loudonville Fire Dept Inc is based in Loudonville, New York.
What is Shaker Road Loudonville Fire Dept Inc's EIN?
Shaker Road Loudonville Fire Dept Inc's Employer Identification Number (EIN) is 222534501. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Shaker Road Loudonville Fire Dept Inc?
Shaker Road Loudonville Fire Dept Inc is classified under NTEE code Unknown (Unknown).
Is Shaker Road Loudonville Fire Dept Inc a registered 501(c)(3)?
Shaker Road Loudonville Fire Dept Inc appears in IRS records (EIN: 222534501). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Shaker Road Loudonville Fire Dept Inc file IRS Form 990?
Yes, Shaker Road Loudonville Fire Dept Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Shaker Road Loudonville Fire Dept Inc's revenue in 2023?
In the 202312 filing period, Shaker Road Loudonville Fire Dept Inc reported total revenue of $1,896,375, total expenses of $2,036,258, and net assets of $7,669,986.
Is Shaker Road Loudonville Fire Dept Inc's revenue growing or declining?
Shaker Road Loudonville Fire Dept Inc's revenue is declining. Revenue went from $2,010,811 (202212) to $1,896,375 (202312), a -5.7% change. Based on 13 filings on record.
What is Shaker Road Loudonville Fire Dept Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Shaker Road Loudonville Fire Dept Inc covers tax period 202312. It shows revenue of $1,896,375, expenses of $2,036,258, total assets of $7,669,986, and liabilities of $188,857.
How much does Shaker Road Loudonville Fire Dept Inc spend on programs vs administration?
Based on IRS 990 analysis, Shaker Road Loudonville Fire Dept Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Shaker Road Loudonville Fire Dept Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Shaker Road Loudonville Fire Dept Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Shaker Road Loudonville Fire Dept Inc's strengths?
Positive indicators for Shaker Road Loudonville Fire Dept Inc include: Strong asset base of $7,715,496 provides financial stability.. Consistent revenue generation, averaging over $1.7M annually, demonstrates reliable community support.. Volunteer-led executive team (0% compensation) maximizes resources for mission-related activities.. Low liabilities relative to assets, with liabilities at $188,857 in 2023, indicating sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Shaker Road Loudonville Fire Dept Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-led executive team, which is highly efficient for a nonprofit of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations and asset base with 0% executive compensation?
The organization likely relies heavily on volunteer efforts for its operational management and leadership, allowing a greater proportion of its revenue to be allocated to direct fire department services and asset maintenance/acquisition. This model is common in community-based volunteer fire departments.
What is the primary source of the organization's consistent revenue, given its nature as a fire department?
While not explicitly detailed in the provided data, typical revenue sources for volunteer fire departments include municipal contracts for services, community fundraising events, donations, and potentially grants. The consistent revenue figures suggest a stable funding model, likely a combination of these.
Filing History
IRS 990 filing history for Shaker Road Loudonville Fire Dept Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shaker Road Loudonville Fire Dept Inc's revenue has grown by 28.7%, moving from $1.5M to $1.9M. Total assets increased by 31.1% over the same period, from $5.9M to $7.7M. Total functional expenses rose by 57.3%, from $1.3M to $2.0M. In its most recent filing year (2023), Shaker Road Loudonville Fire Dept Inc reported a deficit of $140K, with expenses exceeding revenue. The organization holds $189K in liabilities against $7.7M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.0M | $7.7M | $189K | — | — |
| 2022 | $2.0M | $1.9M | $7.8M | $186K | — | View 990 |
| 2021 | $1.9M | $1.4M | $7.7M | $166K | — | View 990 |
| 2020 | $1.7M | $1.2M | $8.4M | $1.4M | — | — |
| 2019 | $1.7M | $1.3M | $6.6M | $119K | — | View 990 |
| 2018 | $1.7M | $1.4M | $6.3M | $186K | — | View 990 |
| 2017 | $1.5M | $1.8M | $6.3M | $393K | — | View 990 |
| 2016 | $1.7M | $1.5M | $6.4M | $138K | — | View 990 |
| 2015 | $1.6M | $1.4M | $6.2M | $134K | — | View 990 |
| 2014 | $1.5M | $1.5M | $6.0M | $116K | — | View 990 |
| 2013 | $1.5M | $1.4M | $6.1M | $150K | — | View 990 |
| 2012 | $1.4M | $1.3M | $5.9M | $87K | — | View 990 |
| 2011 | $1.5M | $1.3M | $5.9M | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.0M, and assets of $7.7M (revenue -5.7% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.9M, and assets of $7.8M (revenue +7.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.4M, and assets of $7.7M (revenue +9.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.2M, and assets of $8.4M (revenue +0.4% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.3M, and assets of $6.6M (revenue +3.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.4M, and assets of $6.3M (revenue +10.6% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.8M, and assets of $6.3M (revenue -10.8% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.5M, and assets of $6.4M (revenue +7.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.4M, and assets of $6.2M (revenue +3.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $6.0M (revenue +3.4% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $6.1M (revenue +3.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $5.9M (revenue -4.9% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.3M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shaker Road Loudonville Fire Dept Inc:
Data Sources and Methodology
This transparency report for Shaker Road Loudonville 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.