Titus Volunteer Fire Department
EIN: 320195263 · Titus, AL · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $45K |
| Total Expenses | $42K |
| Net Assets | $624 |
Is Titus Volunteer Fire Department Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Titus Volunteer Fire Department
Titus Volunteer Fire Department (EIN: 320195263) is a nonprofit organization based in Titus, AL, classified under NTEE code M24. The organization reported total revenue of $45K and total assets of $624 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Titus Volunteer Fire Department's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Titus Volunteer Fire Department is a micro nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $42K |
| Surplus / Deficit | $-101 |
| Total Assets | $624 |
| Net Assets | $624 |
| Operating Margin | -0.2% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2018, Titus Volunteer Fire Department reported a deficit of $101 with expenses exceeding revenue, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2011–2018), Titus Volunteer Fire Department's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +2.3% | -4.4% | -62.4% |
| 2017 | -18.4% | -9.6% | -64.6% |
| 2016 | -0.4% | -14.9% | +52.5% |
| 2015 | -36.4% | -27.5% | -56.7% |
| 2014 | +3.2% | +12.6% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Titus Volunteer Fire Department 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 Titus Volunteer Fire Department 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $101, with expenses exceeding revenue.
Frequently Asked Questions about Titus Volunteer Fire Department
Is Titus Volunteer Fire Department a legitimate charity?
Titus Volunteer Fire Department (EIN: 320195263) is a registered tax-exempt nonprofit based in Alabama. It has 8 years of IRS 990 filings on record. Total revenue: $45K. No red flags identified. Financial health grade: C.
How does Titus Volunteer Fire Department spend its money?
Titus Volunteer Fire Department reported $45K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Titus Volunteer Fire Department tax-deductible?
Titus Volunteer Fire Department is registered as a tax-exempt nonprofit (EIN: 320195263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Titus Volunteer Fire Department located?
Titus Volunteer Fire Department is headquartered in Titus, Alabama and files with the IRS under EIN 320195263. It is classified under NTEE code M24.
How many years of IRS 990 filings does Titus Volunteer Fire Department have?
Titus Volunteer Fire Department has 8 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 $45K in total revenue.
Filing History
IRS 990 filing history for Titus Volunteer Fire Department showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Titus Volunteer Fire Department's revenue has declined by 24.7%, moving from $56K to $42K. Total assets decreased by 63.7% over the same period, from $2K to $624. Total functional expenses fell by 25.1%, from $57K to $42K. In its most recent filing year (2018), Titus Volunteer Fire Department reported a deficit of $101, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $42K | $42K | $624 | $0 | — | View 990 |
| 2017 | $41K | $44K | $2K | $0 | — | View 990 |
| 2016 | $51K | $49K | $5K | $0 | — | View 990 |
| 2015 | $51K | $58K | $3K | $0 | — | View 990 |
| 2014 | $80K | $80K | $7K | $0 | — | View 990 |
| 2013 | $77K | $71K | $7K | $0 | — | View 990 |
| 2012 | $60K | $50K | $11K | $0 | — | View 990 |
| 2011 | $56K | $57K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $42K, expenses of $42K, and assets of $624 (revenue +2.3% year-over-year).
- 2017: Revenue of $41K, expenses of $44K, and assets of $2K (revenue -18.4% year-over-year).
- 2016: Revenue of $51K, expenses of $49K, and assets of $5K (revenue -0.4% year-over-year).
- 2015: Revenue of $51K, expenses of $58K, and assets of $3K (revenue -36.4% year-over-year).
- 2014: Revenue of $80K, expenses of $80K, and assets of $7K (revenue +3.2% year-over-year).
- 2013: Revenue of $77K, expenses of $71K, and assets of $7K (revenue +28.2% year-over-year).
- 2012: Revenue of $60K, expenses of $50K, and assets of $11K (revenue +7.5% year-over-year).
- 2011: Revenue of $56K, expenses of $57K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Titus Volunteer Fire Department:
Data Sources and Methodology
This transparency report for Titus Volunteer Fire Department 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.