Trafalgar Volunteer Firemen Inc
EIN: 351386124 · Trafalgar, IN · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $733K |
| Total Expenses | $575K |
| Net Assets | $2.0M |
Is Trafalgar Volunteer Firemen Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trafalgar Volunteer Firemen Inc
Trafalgar Volunteer Firemen Inc (EIN: 351386124) is a nonprofit organization based in Trafalgar, IN, classified under NTEE code M24. The organization reported total revenue of $733K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trafalgar Volunteer Firemen Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trafalgar Volunteer Firemen Inc is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $649K |
| Total Expenses | $575K |
| Surplus / Deficit | +$74K |
| Total Assets | $2.0M |
| Total Liabilities | $1K |
| Net Assets | $2.0M |
| Operating Margin | 11.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 41.4 months |
Financial Health Grade: A
In 2023, Trafalgar Volunteer Firemen Inc reported a surplus of $74K with revenue exceeding expenses, holds 41.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trafalgar Volunteer Firemen Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +176.4% | +111.8% | +2.1% |
| 2022 | +4.0% | +1.3% | -3.7% |
| 2021 | -6.8% | -1.7% | -4.1% |
| 2020 | -24.2% | +1.0% | -2.8% |
| 2019 | -13.2% | +3.8% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trafalgar Volunteer Firemen 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 Trafalgar Volunteer Firemen 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 $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Trafalgar Volunteer Firemen Inc
Is Trafalgar Volunteer Firemen Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trafalgar Volunteer Firemen Inc (EIN: 351386124) insufficient data. 0 red flags identified, 0 strengths noted.
How does Trafalgar Volunteer Firemen Inc spend its money?
Detailed spending breakdown data is not yet available for Trafalgar Volunteer Firemen Inc. Check back for updated IRS 990 analysis.
Are donations to Trafalgar Volunteer Firemen Inc tax-deductible?
Trafalgar Volunteer Firemen Inc is registered as a tax-exempt nonprofit (EIN: 351386124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Trafalgar Volunteer Firemen Inc located?
Trafalgar Volunteer Firemen Inc is headquartered in Trafalgar, Indiana and files with the IRS under EIN 351386124. It is classified under NTEE code M24.
How many years of IRS 990 filings does Trafalgar Volunteer Firemen Inc have?
Trafalgar Volunteer Firemen 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 $733K in total revenue.
Filing History
IRS 990 filing history for Trafalgar Volunteer Firemen Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trafalgar Volunteer Firemen Inc's revenue has grown by 246.9%, moving from $187K to $649K. Total assets increased by 194.8% over the same period, from $672K to $2.0M. Total functional expenses rose by 220.8%, from $179K to $575K. In its most recent filing year (2023), Trafalgar Volunteer Firemen Inc reported a surplus of $74K, with revenue exceeding expenses. The organization holds $1K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $649K | $575K | $2.0M | $1K | — | — |
| 2022 | $235K | $271K | $1.9M | $34K | — | — |
| 2021 | $226K | $268K | $2.0M | $72K | — | View 990 |
| 2020 | $242K | $272K | $2.1M | $117K | — | — |
| 2019 | $319K | $270K | $2.2M | $148K | — | View 990 |
| 2018 | $368K | $260K | $2.2M | $196K | — | View 990 |
| 2017 | $224K | $268K | $2.1M | $269K | — | View 990 |
| 2016 | $205K | $188K | $2.2M | $295K | — | View 990 |
| 2015 | $500K | $266K | $1.6M | $316K | — | View 990 |
| 2014 | $572K | $127K | $1.1M | $0 | — | View 990 |
| 2013 | $300K | $353K | $627K | $8K | — | View 990 |
| 2012 | $195K | $154K | $696K | $25K | — | View 990 |
| 2011 | $187K | $179K | $672K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $649K, expenses of $575K, and assets of $2.0M (revenue +176.4% year-over-year).
- 2022: Revenue of $235K, expenses of $271K, and assets of $1.9M (revenue +4.0% year-over-year).
- 2021: Revenue of $226K, expenses of $268K, and assets of $2.0M (revenue -6.8% year-over-year).
- 2020: Revenue of $242K, expenses of $272K, and assets of $2.1M (revenue -24.2% year-over-year).
- 2019: Revenue of $319K, expenses of $270K, and assets of $2.2M (revenue -13.2% year-over-year).
- 2018: Revenue of $368K, expenses of $260K, and assets of $2.2M (revenue +64.6% year-over-year).
- 2017: Revenue of $224K, expenses of $268K, and assets of $2.1M (revenue +8.9% year-over-year).
- 2016: Revenue of $205K, expenses of $188K, and assets of $2.2M (revenue -58.9% year-over-year).
- 2015: Revenue of $500K, expenses of $266K, and assets of $1.6M (revenue -12.6% year-over-year).
- 2014: Revenue of $572K, expenses of $127K, and assets of $1.1M (revenue +90.3% year-over-year).
- 2013: Revenue of $300K, expenses of $353K, and assets of $627K (revenue +54.2% year-over-year).
- 2012: Revenue of $195K, expenses of $154K, and assets of $696K (revenue +4.2% year-over-year).
- 2011: Revenue of $187K, expenses of $179K, and assets of $672K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trafalgar Volunteer Firemen Inc:
Data Sources and Methodology
This transparency report for Trafalgar Volunteer Firemen 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.