Shrewsbury Volunteer Fire Department Inc
Shrewsbury Volunteer Fire Department: Consistent Operations, Modest Growth
EIN: 222528888 · Shrewsbury, VT · NTEE: M24 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $55K |
| Program Spending | 65% |
| Net Assets | $511K |
| Transparency Score | 75/100 |
Is Shrewsbury Volunteer Fire Department Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shrewsbury Volunteer Fire Department Inc directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Shrewsbury Volunteer Fire Department Inc
Shrewsbury Volunteer Fire Department Inc (EIN: 222528888) is a nonprofit organization based in Shrewsbury, VT, classified under NTEE code M24. The organization reported total revenue of $71K and total assets of $529K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shrewsbury Volunteer Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shrewsbury Volunteer Fire Department Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $55K |
| Surplus / Deficit | +$34K |
| Total Assets | $511K |
| Net Assets | $511K |
| Operating Margin | 37.9% |
| Months of Reserves | 110.8 months |
Financial Health Grade: A
In 2023, Shrewsbury Volunteer Fire Department Inc reported a surplus of $34K with revenue exceeding expenses, holds 110.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Shrewsbury Volunteer Fire Department Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.9% | +15.5% | +7.1% |
| 2022 | -40.8% | -18.4% | +3.9% |
| 2021 | +70.3% | -14.9% | +12.8% |
| 2020 | -6.2% | +88.0% | -0.9% |
| 2019 | -2.6% | -30.2% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Shrewsbury Volunteer Fire Department Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 65%
- fundraising: 15%
According to IRS 990 filings, Shrewsbury Volunteer Fire Department Inc allocates its expenses as follows: admin: 20%, programs: 65%, fundraising: 15%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for key personnel are provided in the available data.
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.
Red Flags
The following concerns were identified during AI analysis of Shrewsbury Volunteer Fire Department Inc's IRS 990 filings:
- Lack of detailed breakdown for expenses beyond total, making it hard to discern specific program spending versus administrative costs.
- No explicit disclosure of executive or key personnel compensation, which limits transparency regarding leadership salaries.
Strengths
The following positive indicators were identified for Shrewsbury Volunteer Fire Department Inc:
- Consistent revenue generation over the past several years, indicating stable community support.
- Assets have shown steady growth from $332,232 in 2016 to $511,099 in 2023, demonstrating financial stability.
- Expenses are generally well-managed relative to revenue, with a positive net asset trend.
Frequently Asked Questions about Shrewsbury Volunteer Fire Department Inc
Is Shrewsbury Volunteer Fire Department Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shrewsbury Volunteer Fire Department Inc (EIN: 222528888) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Shrewsbury Volunteer Fire Department Inc spend its money?
Shrewsbury Volunteer Fire Department Inc directs 65% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shrewsbury Volunteer Fire Department Inc tax-deductible?
Shrewsbury Volunteer Fire Department Inc is registered as a tax-exempt nonprofit (EIN: 222528888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shrewsbury Volunteer Fire Department Inc's spending goes to programs?
Shrewsbury Volunteer Fire Department Inc directs 65% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Shrewsbury Volunteer Fire Department Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Shrewsbury Volunteer Fire Department Inc is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shrewsbury Volunteer Fire Department Inc located?
Shrewsbury Volunteer Fire Department Inc is headquartered in Shrewsbury, Vermont and files with the IRS under EIN 222528888. It is classified under NTEE code M24.
How many years of IRS 990 filings does Shrewsbury Volunteer Fire Department Inc have?
Shrewsbury Volunteer Fire Department 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 $71K in total revenue.
What does Shrewsbury Volunteer Fire Department Inc do?
Shrewsbury Volunteer Fire Department Inc is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Shrewsbury, Vermont. It is classified under NTEE code M24.
How much revenue does Shrewsbury Volunteer Fire Department Inc have?
Shrewsbury Volunteer Fire Department Inc reported total revenue of $71,479. Based on 13 IRS 990 filings on record.
What are Shrewsbury Volunteer Fire Department Inc's total assets?
Shrewsbury Volunteer Fire Department Inc holds total assets of $528,755 as reported in IRS 990 filings.
Where is Shrewsbury Volunteer Fire Department Inc located?
Shrewsbury Volunteer Fire Department Inc is based in Shrewsbury, Vermont.
What is Shrewsbury Volunteer Fire Department Inc's EIN?
Shrewsbury Volunteer Fire Department Inc's Employer Identification Number (EIN) is 222528888. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Shrewsbury Volunteer Fire Department Inc?
Shrewsbury Volunteer Fire Department Inc is classified under NTEE code M24 (Public Safety & Disaster Preparedness).
Is Shrewsbury Volunteer Fire Department Inc a registered 501(c)(3)?
Yes, Shrewsbury Volunteer Fire Department Inc is recognized as a tax-exempt organization by the IRS. EIN: 222528888.
Does Shrewsbury Volunteer Fire Department Inc file IRS Form 990?
Yes, Shrewsbury Volunteer Fire Department Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Shrewsbury Volunteer Fire Department Inc's revenue in 2023?
In the 202312 filing period, Shrewsbury Volunteer Fire Department Inc reported total revenue of $89,234, total expenses of $55,372, and net assets of $511,099.
Is Shrewsbury Volunteer Fire Department Inc's revenue growing or declining?
Shrewsbury Volunteer Fire Department Inc's revenue is growing. Revenue went from $65,645 (202212) to $89,234 (202312), a +35.9% change. Based on 13 filings on record.
What is Shrewsbury Volunteer Fire Department Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Shrewsbury Volunteer Fire Department Inc covers tax period 202312. It shows revenue of $89,234, expenses of $55,372, total assets of $511,099, and liabilities of N/A.
How much does Shrewsbury Volunteer Fire Department Inc spend on programs vs administration?
Based on IRS 990 analysis, Shrewsbury Volunteer Fire Department Inc allocates approximately 65% of expenses to program services, 20% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Shrewsbury Volunteer Fire Department Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Shrewsbury Volunteer Fire Department Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Shrewsbury Volunteer Fire Department Inc?
The following concerns were identified: Lack of detailed breakdown for expenses beyond total, making it hard to discern specific program spending versus administrative costs.. No explicit disclosure of executive or key personnel compensation, which limits transparency regarding leadership salaries.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Shrewsbury Volunteer Fire Department Inc's strengths?
Positive indicators for Shrewsbury Volunteer Fire Department Inc include: Consistent revenue generation over the past several years, indicating stable community support.. Assets have shown steady growth from $332,232 in 2016 to $511,099 in 2023, demonstrating financial stability.. Expenses are generally well-managed relative to revenue, with a positive net asset trend.. These findings are derived from AI analysis of the organization's financial filings.
How does Shrewsbury Volunteer Fire Department Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for key personnel are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific initiatives or capital improvements have contributed to the increase in assets from $332,232 in 2016 to $511,099 in 2023?
The provided data does not specify the nature of asset growth, whether it's due to equipment purchases, facility upgrades, or investment gains. Further detailed financial statements would be needed to identify specific initiatives.
Filing History
IRS 990 filing history for Shrewsbury Volunteer Fire Department Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shrewsbury Volunteer Fire Department Inc's revenue has grown by 51.9%, moving from $59K to $89K. Total assets increased by 8% over the same period, from $473K to $511K. Total functional expenses fell by 22.6%, from $72K to $55K. In its most recent filing year (2023), Shrewsbury Volunteer Fire Department Inc reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $55K | $511K | $0 | — | — |
| 2022 | $66K | $48K | $477K | $0 | — | View 990 |
| 2021 | $111K | $59K | $460K | $0 | — | — |
| 2020 | $65K | $69K | $407K | $0 | — | — |
| 2019 | $70K | $37K | $411K | $0 | — | View 990 |
| 2018 | $71K | $53K | $378K | $0 | — | View 990 |
| 2017 | $77K | $50K | $359K | $0 | — | View 990 |
| 2016 | $75K | $66K | $332K | $0 | — | View 990 |
| 2015 | $99K | $110K | $323K | $0 | — | View 990 |
| 2014 | $52K | $41K | $341K | $0 | — | View 990 |
| 2013 | $68K | $35K | $489K | $0 | — | View 990 |
| 2012 | $58K | $67K | $456K | $0 | — | View 990 |
| 2011 | $59K | $72K | $473K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $55K, and assets of $511K (revenue +35.9% year-over-year).
- 2022: Revenue of $66K, expenses of $48K, and assets of $477K (revenue -40.8% year-over-year).
- 2021: Revenue of $111K, expenses of $59K, and assets of $460K (revenue +70.3% year-over-year).
- 2020: Revenue of $65K, expenses of $69K, and assets of $407K (revenue -6.2% year-over-year).
- 2019: Revenue of $70K, expenses of $37K, and assets of $411K (revenue -2.6% year-over-year).
- 2018: Revenue of $71K, expenses of $53K, and assets of $378K (revenue -7.5% year-over-year).
- 2017: Revenue of $77K, expenses of $50K, and assets of $359K (revenue +3.2% year-over-year).
- 2016: Revenue of $75K, expenses of $66K, and assets of $332K (revenue -24.8% year-over-year).
- 2015: Revenue of $99K, expenses of $110K, and assets of $323K (revenue +91.2% year-over-year).
- 2014: Revenue of $52K, expenses of $41K, and assets of $341K (revenue -23.6% year-over-year).
- 2013: Revenue of $68K, expenses of $35K, and assets of $489K (revenue +17.9% year-over-year).
- 2012: Revenue of $58K, expenses of $67K, and assets of $456K (revenue -1.7% year-over-year).
- 2011: Revenue of $59K, expenses of $72K, and assets of $473K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shrewsbury Volunteer Fire Department Inc:
Data Sources and Methodology
This transparency report for Shrewsbury Volunteer Fire Department 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.