The Community Fire Company Incorporated
EIN: 541259253 · Exmore, VA · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $390K |
| Net Assets | $3.4M |
Is The Community Fire Company Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Community Fire Company Incorporated
The Community Fire Company Incorporated (EIN: 541259253) is a nonprofit organization based in Exmore, VA, classified under NTEE code M24. The organization reported total revenue of $1.1M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Community Fire Company Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Community Fire Company Incorporated is a mid-size nonprofit that has been operating for 13 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $436K |
| Total Expenses | $390K |
| Surplus / Deficit | +$46K |
| Total Assets | $3.5M |
| Total Liabilities | $61K |
| Net Assets | $3.4M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 107.2 months |
Financial Health Grade: A
In 2023, The Community Fire Company Incorporated reported a surplus of $46K with revenue exceeding expenses, holds 107.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 16 years of filings (2008–2023), The Community Fire Company Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +22.0% | +1.2% |
| 2022 | -30.0% | +47.9% | -4.3% |
| 2021 | +57.0% | -34.1% | +5.6% |
| 2020 | -16.8% | +33.0% | -2.1% |
| 2019 | -3.5% | -20.5% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Community Fire Company 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 The Community Fire Company 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about The Community Fire Company Incorporated
Is The Community Fire Company Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, The Community Fire Company Incorporated (EIN: 541259253) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Community Fire Company Incorporated spend its money?
Detailed spending breakdown data is not yet available for The Community Fire Company Incorporated. Check back for updated IRS 990 analysis.
Are donations to The Community Fire Company Incorporated tax-deductible?
The Community Fire Company Incorporated is registered as a tax-exempt nonprofit (EIN: 541259253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Community Fire Company Incorporated located?
The Community Fire Company Incorporated is headquartered in Exmore, Virginia and files with the IRS under EIN 541259253. It is classified under NTEE code M24.
How many years of IRS 990 filings does The Community Fire Company Incorporated have?
The Community Fire Company Incorporated has 16 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 The Community Fire Company Incorporated showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2008–2023), The Community Fire Company Incorporated's revenue has grown by 116%, moving from $202K to $436K. Total assets increased by 119.7% over the same period, from $1.6M to $3.5M. Total functional expenses rose by 175.9%, from $141K to $390K. In its most recent filing year (2023), The Community Fire Company Incorporated reported a surplus of $46K, with revenue exceeding expenses. The organization holds $61K in liabilities against $3.5M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $436K | $390K | $3.5M | $61K | — | — |
| 2022 | $362K | $320K | $3.4M | $155K | — | View 990 |
| 2021 | $517K | $216K | $3.6M | $247K | — | View 990 |
| 2020 | $329K | $328K | $3.4M | $335K | — | View 990 |
| 2019 | $395K | $247K | $3.5M | $421K | — | View 990 |
| 2018 | $410K | $310K | $3.3M | $460K | — | View 990 |
| 2017 | $415K | $209K | $2.8M | $0 | — | View 990 |
| 2016 | $328K | $237K | $2.5M | $0 | — | View 990 |
| 2015 | $351K | $229K | $2.4M | $0 | — | View 990 |
| 2014 | $245K | $175K | $2.3M | $0 | — | View 990 |
| 2013 | $401K | $166K | $2.2M | $0 | — | View 990 |
| 2012 | $248K | $159K | $2.0M | $0 | — | View 990 |
| 2011 | $271K | $160K | $1.9M | $0 | — | View 990 |
| 2010 | $290K | $155K | $1.8M | $0 | — | View 990 |
| 2009 | $203K | $137K | $1.7M | $0 | — | View 990 |
| 2008 | $202K | $141K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $436K, expenses of $390K, and assets of $3.5M (revenue +20.6% year-over-year).
- 2022: Revenue of $362K, expenses of $320K, and assets of $3.4M (revenue -30.0% year-over-year).
- 2021: Revenue of $517K, expenses of $216K, and assets of $3.6M (revenue +57.0% year-over-year).
- 2020: Revenue of $329K, expenses of $328K, and assets of $3.4M (revenue -16.8% year-over-year).
- 2019: Revenue of $395K, expenses of $247K, and assets of $3.5M (revenue -3.5% year-over-year).
- 2018: Revenue of $410K, expenses of $310K, and assets of $3.3M (revenue -1.2% year-over-year).
- 2017: Revenue of $415K, expenses of $209K, and assets of $2.8M (revenue +26.5% year-over-year).
- 2016: Revenue of $328K, expenses of $237K, and assets of $2.5M (revenue -6.7% year-over-year).
- 2015: Revenue of $351K, expenses of $229K, and assets of $2.4M (revenue +43.5% year-over-year).
- 2014: Revenue of $245K, expenses of $175K, and assets of $2.3M (revenue -39.1% year-over-year).
- 2013: Revenue of $401K, expenses of $166K, and assets of $2.2M (revenue +61.6% year-over-year).
- 2012: Revenue of $248K, expenses of $159K, and assets of $2.0M (revenue -8.3% year-over-year).
- 2011: Revenue of $271K, expenses of $160K, and assets of $1.9M (revenue -6.5% year-over-year).
- 2010: Revenue of $290K, expenses of $155K, and assets of $1.8M (revenue +42.7% year-over-year).
- 2009: Revenue of $203K, expenses of $137K, and assets of $1.7M (revenue +0.5% year-over-year).
- 2008: Revenue of $202K, expenses of $141K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Community Fire Company Incorporated:
Data Sources and Methodology
This transparency report for The Community Fire Company 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.