Stewart Simmons Volunteer Fire Department Of Watauga County Inc
EIN: 264009528 · Deep Gap, NC · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $675K |
| Total Expenses | $306K |
| Net Assets | $1.4M |
Is Stewart Simmons Volunteer Fire Department Of Watauga County Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Stewart Simmons Volunteer Fire Department Of Watauga County Inc
Stewart Simmons Volunteer Fire Department Of Watauga County Inc (EIN: 264009528) is a nonprofit organization based in Deep Gap, NC, classified under NTEE code M24. The organization reported total revenue of $675K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stewart Simmons Volunteer Fire Department Of Watauga County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stewart Simmons Volunteer Fire Department Of Watauga County Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $566K |
| Total Expenses | $306K |
| Surplus / Deficit | +$260K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 45.9% |
| Months of Reserves | 54.2 months |
Financial Health Grade: A
In 2023, Stewart Simmons Volunteer Fire Department Of Watauga County Inc reported a surplus of $260K with revenue exceeding expenses, holds 54.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Stewart Simmons Volunteer Fire Department Of Watauga County Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.4% | +45.0% | +23.1% |
| 2022 | +4.6% | -4.3% | +21.5% |
| 2021 | +15.6% | +5.1% | +22.6% |
| 2020 | +5.8% | +33.9% | -13.4% |
| 2019 | +11.4% | -13.7% | +23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Stewart Simmons Volunteer Fire Department Of Watauga County 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 Stewart Simmons Volunteer Fire Department Of Watauga County 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 $260K, with revenue exceeding expenses.
Frequently Asked Questions about Stewart Simmons Volunteer Fire Department Of Watauga County Inc
Is Stewart Simmons Volunteer Fire Department Of Watauga County Inc a legitimate charity?
Stewart Simmons Volunteer Fire Department Of Watauga County Inc (EIN: 264009528) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $675K. No red flags identified. Financial health grade: A.
How does Stewart Simmons Volunteer Fire Department Of Watauga County Inc spend its money?
Stewart Simmons Volunteer Fire Department Of Watauga County Inc reported $675K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Stewart Simmons Volunteer Fire Department Of Watauga County Inc tax-deductible?
Stewart Simmons Volunteer Fire Department Of Watauga County Inc is registered as a tax-exempt nonprofit (EIN: 264009528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stewart Simmons Volunteer Fire Department Of Watauga County Inc located?
Stewart Simmons Volunteer Fire Department Of Watauga County Inc is headquartered in Deep Gap, North Carolina and files with the IRS under EIN 264009528. It is classified under NTEE code M24.
How many years of IRS 990 filings does Stewart Simmons Volunteer Fire Department Of Watauga County Inc have?
Stewart Simmons Volunteer Fire Department Of Watauga County 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 $675K in total revenue.
Filing History
IRS 990 filing history for Stewart Simmons Volunteer Fire Department Of Watauga County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stewart Simmons Volunteer Fire Department Of Watauga County Inc's revenue has grown by 160.1%, moving from $218K to $566K. Total assets increased by 154.1% over the same period, from $544K to $1.4M. Total functional expenses rose by 54.5%, from $198K to $306K. In its most recent filing year (2023), Stewart Simmons Volunteer Fire Department Of Watauga County Inc reported a surplus of $260K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $566K | $306K | $1.4M | $0 | — | — |
| 2022 | $409K | $211K | $1.1M | $705 | — | View 990 |
| 2021 | $391K | $221K | $925K | $0 | — | View 990 |
| 2020 | $338K | $210K | $755K | $0 | — | View 990 |
| 2019 | $320K | $157K | $871K | $0 | — | View 990 |
| 2018 | $287K | $182K | $708K | $0 | — | View 990 |
| 2017 | $213K | $292K | $603K | $0 | — | View 990 |
| 2016 | $480K | $216K | $682K | $0 | — | View 990 |
| 2015 | $171K | $246K | $553K | $136K | — | View 990 |
| 2014 | $208K | $142K | $652K | $159K | — | View 990 |
| 2013 | $227K | $164K | $608K | $181K | — | View 990 |
| 2012 | $205K | $164K | $580K | $215K | — | View 990 |
| 2011 | $218K | $198K | $544K | $221K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $566K, expenses of $306K, and assets of $1.4M (revenue +38.4% year-over-year).
- 2022: Revenue of $409K, expenses of $211K, and assets of $1.1M (revenue +4.6% year-over-year).
- 2021: Revenue of $391K, expenses of $221K, and assets of $925K (revenue +15.6% year-over-year).
- 2020: Revenue of $338K, expenses of $210K, and assets of $755K (revenue +5.8% year-over-year).
- 2019: Revenue of $320K, expenses of $157K, and assets of $871K (revenue +11.4% year-over-year).
- 2018: Revenue of $287K, expenses of $182K, and assets of $708K (revenue +34.9% year-over-year).
- 2017: Revenue of $213K, expenses of $292K, and assets of $603K (revenue -55.7% year-over-year).
- 2016: Revenue of $480K, expenses of $216K, and assets of $682K (revenue +181.0% year-over-year).
- 2015: Revenue of $171K, expenses of $246K, and assets of $553K (revenue -17.7% year-over-year).
- 2014: Revenue of $208K, expenses of $142K, and assets of $652K (revenue -8.6% year-over-year).
- 2013: Revenue of $227K, expenses of $164K, and assets of $608K (revenue +11.1% year-over-year).
- 2012: Revenue of $205K, expenses of $164K, and assets of $580K (revenue -6.0% year-over-year).
- 2011: Revenue of $218K, expenses of $198K, and assets of $544K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stewart Simmons Volunteer Fire Department Of Watauga County Inc:
Data Sources and Methodology
This transparency report for Stewart Simmons Volunteer Fire Department Of Watauga County 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.