Teays Valley Volunteer Fire Dept
EIN: 550595258 · Scott Depot, WV
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Net Assets | $132K |
Is Teays Valley Volunteer Fire Dept Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Teays Valley Volunteer Fire Dept
Teays Valley Volunteer Fire Dept (EIN: 550595258) is a nonprofit organization based in Scott Depot, WV. The organization reported total revenue of $1.4M and total assets of $833K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teays Valley Volunteer Fire Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teays Valley Volunteer Fire Dept is a mid-size nonprofit that has been operating for 6 years, with 7 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 32.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-274,674 |
| Total Assets | $833K |
| Total Liabilities | $701K |
| Net Assets | $132K |
| Operating Margin | -20.2% |
| Debt-to-Asset Ratio | 84.1% |
| Months of Reserves | 6.1 months |
Financial Health Grade: C
In 2022, Teays Valley Volunteer Fire Dept reported a deficit of $275K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 84.1% (high leverage).
Financial Trends
Over 7 years of filings (2011–2022), Teays Valley Volunteer Fire Dept's revenue has grown at a compound annual growth rate (CAGR) of 32.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +64.3% | +67.3% | +8.9% |
| 2021 | +1.7% | +37.9% | -4.8% |
| 2020 | +61.1% | +15.9% | +11.1% |
| 2019 | +75.1% | +82.1% | +235.0% |
| 2014 | +355.1% | +461.8% | +22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Teays Valley Volunteer Fire Dept 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 Teays Valley Volunteer Fire Dept 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $275K, with expenses exceeding revenue.
- Debt-to-asset ratio: 84.1%.
Frequently Asked Questions about Teays Valley Volunteer Fire Dept
Is Teays Valley Volunteer Fire Dept a legitimate charity?
Based on AI analysis of IRS 990 filings, Teays Valley Volunteer Fire Dept (EIN: 550595258) insufficient data. 0 red flags identified, 0 strengths noted.
How does Teays Valley Volunteer Fire Dept spend its money?
Detailed spending breakdown data is not yet available for Teays Valley Volunteer Fire Dept. Check back for updated IRS 990 analysis.
Are donations to Teays Valley Volunteer Fire Dept tax-deductible?
Teays Valley Volunteer Fire Dept is registered as a tax-exempt nonprofit (EIN: 550595258). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Teays Valley Volunteer Fire Dept located?
Teays Valley Volunteer Fire Dept is headquartered in Scott Depot, West Virginia and files with the IRS under EIN 550595258.
How many years of IRS 990 filings does Teays Valley Volunteer Fire Dept have?
Teays Valley Volunteer Fire Dept has 7 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Teays Valley Volunteer Fire Dept showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2022), Teays Valley Volunteer Fire Dept's revenue has grown by 2045.6%, moving from $63K to $1.4M. Total assets increased by 318% over the same period, from $199K to $833K. Total functional expenses rose by 2603%, from $60K to $1.6M. In its most recent filing year (2022), Teays Valley Volunteer Fire Dept reported a deficit of $275K, with expenses exceeding revenue. The organization holds $701K in liabilities against $833K in assets (debt-to-asset ratio: 84.1%), resulting in net assets of $132K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.4M | $1.6M | $833K | $701K | — | View 990 |
| 2021 | $826K | $975K | $765K | $358K | — | View 990 |
| 2020 | $812K | $707K | $804K | $247K | — | View 990 |
| 2019 | $504K | $610K | $723K | $272K | — | View 990 |
| 2014 | $288K | $335K | $216K | $151K | — | View 990 |
| 2012 | $63K | $60K | $176K | $45K | — | View 990 |
| 2011 | $63K | $60K | $199K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.4M, expenses of $1.6M, and assets of $833K (revenue +64.3% year-over-year).
- 2021: Revenue of $826K, expenses of $975K, and assets of $765K (revenue +1.7% year-over-year).
- 2020: Revenue of $812K, expenses of $707K, and assets of $804K (revenue +61.1% year-over-year).
- 2019: Revenue of $504K, expenses of $610K, and assets of $723K (revenue +75.1% year-over-year).
- 2014: Revenue of $288K, expenses of $335K, and assets of $216K (revenue +355.1% year-over-year).
- 2012: Revenue of $63K, expenses of $60K, and assets of $176K (revenue +0.0% year-over-year).
- 2011: Revenue of $63K, expenses of $60K, and assets of $199K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teays Valley Volunteer Fire Dept:
Data Sources and Methodology
This transparency report for Teays Valley Volunteer Fire Dept 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.