Stanley Volunteer Fire Department Incorporated

Is Stanley Volunteer Fire Department Incorporated Legit?

Insufficient Data

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About Stanley Volunteer Fire Department Incorporated

Stanley Volunteer Fire Department Incorporated (EIN: 541263042) is a nonprofit organization based in Stanley, VA, classified under NTEE code M24. The organization reported total revenue of $310K and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stanley Volunteer Fire Department Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Stanley Volunteer Fire Department Incorporated is a small nonprofit that has been operating for 10 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 1.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Stanley Volunteer Fire Department Incorporated reported a surplus of $34K with revenue exceeding expenses, holds 31.6 months of operating reserves (strong position), has a debt-to-asset ratio of 36.2% (moderate leverage).

Financial Trends

Over 16 years of filings (2008–2023), Stanley Volunteer Fire Department Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.

IRS Tax-Exempt Classification

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Stanley Volunteer Fire Department Incorporated 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 Stanley Volunteer Fire Department Incorporated 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 $34K, with revenue exceeding expenses.
• Debt-to-asset ratio: 36.2%.

Frequently Asked Questions about Stanley Volunteer Fire Department Incorporated

Filing History

IRS 990 filing history for Stanley Volunteer Fire Department Incorporated showing financial trends over 16 years of public records:

Over 16 years of IRS 990 filings (2008–2023), Stanley Volunteer Fire Department Incorporated's revenue has grown by 29.1%, moving from $171K to $220K. Total assets increased by 14.7% over the same period, from $428K to $491K. Total functional expenses rose by 6%, from $176K to $186K. In its most recent filing year (2023), Stanley Volunteer Fire Department Incorporated reported a surplus of $34K, with revenue exceeding expenses. The organization holds $178K in liabilities against $491K in assets (debt-to-asset ratio: 36.2%), resulting in net assets of $313K.

Year-by-Year Financial Summary

• 2023: Revenue of $220K, expenses of $186K, and assets of $491K (revenue +27.6% year-over-year).
• 2022: Revenue of $173K, expenses of $194K, and assets of $484K (revenue -32.3% year-over-year).
• 2021: Revenue of $255K, expenses of $193K, and assets of $530K (revenue +20.4% year-over-year).
• 2020: Revenue of $212K, expenses of $216K, and assets of $494K (revenue -26.8% year-over-year).
• 2019: Revenue of $290K, expenses of $247K, and assets of $521K (revenue +142.1% year-over-year).
• 2018: Revenue of $120K, expenses of $246K, and assets of $596K (revenue -1.5% year-over-year).
• 2017: Revenue of $121K, expenses of $197K, and assets of $533K (revenue -16.7% year-over-year).
• 2016: Revenue of $146K, expenses of $154K, and assets of $516K (revenue -3.3% year-over-year).
• 2015: Revenue of $151K, expenses of $162K, and assets of $529K (revenue +6.9% year-over-year).
• 2014: Revenue of $141K, expenses of $171K, and assets of $544K (revenue -11.3% year-over-year).
• 2013: Revenue of $159K, expenses of $170K, and assets of $578K (revenue +8.5% year-over-year).
• 2012: Revenue of $147K, expenses of $147K, and assets of $461K (revenue -50.7% year-over-year).
• 2011: Revenue of $298K, expenses of $139K, and assets of $461K (revenue +94.7% year-over-year).
• 2010: Revenue of $153K, expenses of $140K, and assets of $337K (revenue +29.6% year-over-year).
• 2009: Revenue of $118K, expenses of $158K, and assets of $356K (revenue -30.9% year-over-year).
• 2008: Revenue of $171K, expenses of $176K, and assets of $428K.

Data Sources and Methodology

This transparency report for Stanley Volunteer Fire Department Incorporated 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.