Sidney Volunteer Fire Department Inc
EIN: 581498806 · Belhaven, NC
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $209K |
| Net Assets | $723K |
Is Sidney Volunteer Fire Department Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sidney Volunteer Fire Department Inc
Sidney Volunteer Fire Department Inc (EIN: 581498806) is a nonprofit organization based in Belhaven, NC. The organization reported total revenue of $1.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sidney Volunteer Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sidney Volunteer Fire Department Inc is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $537K |
| Total Expenses | $209K |
| Surplus / Deficit | +$327K |
| Total Assets | $723K |
| Net Assets | $723K |
| Operating Margin | 61.0% |
| Months of Reserves | 41.5 months |
Financial Health Grade: A
In 2023, Sidney Volunteer Fire Department Inc reported a surplus of $327K with revenue exceeding expenses, holds 41.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sidney Volunteer Fire Department Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +235.4% | +27.9% | +82.7% |
| 2022 | +51.5% | +48.7% | -0.9% |
| 2021 | +8.3% | +6.5% | -1.1% |
| 2020 | -31.9% | -16.4% | -1.4% |
| 2019 | +46.0% | +233.4% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sidney Volunteer Fire Department 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 Sidney Volunteer Fire Department 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 $327K, with revenue exceeding expenses.
Frequently Asked Questions about Sidney Volunteer Fire Department Inc
Is Sidney Volunteer Fire Department Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sidney Volunteer Fire Department Inc (EIN: 581498806) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sidney Volunteer Fire Department Inc spend its money?
Detailed spending breakdown data is not yet available for Sidney Volunteer Fire Department Inc. Check back for updated IRS 990 analysis.
Are donations to Sidney Volunteer Fire Department Inc tax-deductible?
Sidney Volunteer Fire Department Inc is registered as a tax-exempt nonprofit (EIN: 581498806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sidney Volunteer Fire Department Inc located?
Sidney Volunteer Fire Department Inc is headquartered in Belhaven, North Carolina and files with the IRS under EIN 581498806.
How many years of IRS 990 filings does Sidney Volunteer Fire Department Inc have?
Sidney 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Sidney Volunteer Fire Department Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sidney Volunteer Fire Department Inc's revenue has grown by 529.6%, moving from $85K to $537K. Total assets increased by 365.1% over the same period, from $156K to $723K. Total functional expenses rose by 160.5%, from $80K to $209K. In its most recent filing year (2023), Sidney Volunteer Fire Department Inc reported a surplus of $327K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $537K | $209K | $723K | $0 | — | View 990 |
| 2022 | $160K | $164K | $396K | $0 | — | View 990 |
| 2021 | $106K | $110K | $400K | $0 | — | View 990 |
| 2020 | $98K | $103K | $404K | $0 | — | View 990 |
| 2019 | $143K | $124K | $410K | $0 | — | View 990 |
| 2018 | $98K | $37K | $391K | $0 | — | View 990 |
| 2017 | $109K | $61K | $329K | $0 | — | View 990 |
| 2016 | $69K | $70K | $281K | $0 | — | View 990 |
| 2015 | $85K | $50K | $282K | $0 | — | View 990 |
| 2014 | $78K | $65K | $247K | $0 | — | View 990 |
| 2013 | $99K | $38K | $234K | $0 | — | View 990 |
| 2012 | $97K | $79K | $173K | $0 | — | View 990 |
| 2011 | $85K | $80K | $156K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $537K, expenses of $209K, and assets of $723K (revenue +235.4% year-over-year).
- 2022: Revenue of $160K, expenses of $164K, and assets of $396K (revenue +51.5% year-over-year).
- 2021: Revenue of $106K, expenses of $110K, and assets of $400K (revenue +8.3% year-over-year).
- 2020: Revenue of $98K, expenses of $103K, and assets of $404K (revenue -31.9% year-over-year).
- 2019: Revenue of $143K, expenses of $124K, and assets of $410K (revenue +46.0% year-over-year).
- 2018: Revenue of $98K, expenses of $37K, and assets of $391K (revenue -10.1% year-over-year).
- 2017: Revenue of $109K, expenses of $61K, and assets of $329K (revenue +57.9% year-over-year).
- 2016: Revenue of $69K, expenses of $70K, and assets of $281K (revenue -18.8% year-over-year).
- 2015: Revenue of $85K, expenses of $50K, and assets of $282K (revenue +9.6% year-over-year).
- 2014: Revenue of $78K, expenses of $65K, and assets of $247K (revenue -21.6% year-over-year).
- 2013: Revenue of $99K, expenses of $38K, and assets of $234K (revenue +2.2% year-over-year).
- 2012: Revenue of $97K, expenses of $79K, and assets of $173K (revenue +13.8% year-over-year).
- 2011: Revenue of $85K, expenses of $80K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sidney Volunteer Fire Department Inc:
Data Sources and Methodology
This transparency report for Sidney 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.