Twin Fire & Rescue Service Inc
Twin Fire & Rescue Service Inc shows strong asset growth and volunteer leadership, but recent liabilities warrant attention.
EIN: 200560354 · Guin, AL · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $87K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $563K |
| Transparency Score | 85/100 |
Is Twin Fire & Rescue Service Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Twin Fire & Rescue Service Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Twin Fire & Rescue Service Inc
Twin Fire & Rescue Service Inc (EIN: 200560354) is a nonprofit organization based in Guin, AL, classified under NTEE code M24. The organization reported total revenue of $114K and total assets of $884K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twin Fire & Rescue Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Twin Fire & Rescue Service Inc is a small nonprofit that has been operating for 18 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $87K |
| Surplus / Deficit | +$19K |
| Total Assets | $898K |
| Total Liabilities | $335K |
| Net Assets | $563K |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 37.3% |
| Months of Reserves | 124.4 months |
Financial Health Grade: A
In 2023, Twin Fire & Rescue Service Inc reported a surplus of $19K with revenue exceeding expenses, holds 124.4 months of operating reserves (strong position), has a debt-to-asset ratio of 37.3% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Twin Fire & Rescue Service Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | -0.4% | +65.1% |
| 2022 | -8.0% | +105.8% | +2.7% |
| 2021 | +25.1% | +86.7% | +14.7% |
| 2020 | +5.2% | -62.0% | +16.5% |
| 2019 | -7.2% | +3.4% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Twin Fire & Rescue Service Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Twin Fire & Rescue Service Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.3%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with revenues around $100,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Twin Fire & Rescue Service Inc's IRS 990 filings:
- Significant increase in liabilities to $335,000 in 2023 after years of zero liabilities, requiring further explanation.
Strengths
The following positive indicators were identified for Twin Fire & Rescue Service Inc:
- Consistent IRS 990 filing history, indicating good transparency.
- 0% officer compensation across all filings, demonstrating volunteer leadership and efficient use of funds.
- Strong asset growth from $371,870 in 2018 to $898,267 in 2023, suggesting effective financial management.
- Expenses generally well below revenues in most periods, indicating operational efficiency.
Frequently Asked Questions about Twin Fire & Rescue Service Inc
Is Twin Fire & Rescue Service Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Twin Fire & Rescue Service Inc (EIN: 200560354) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Twin Fire & Rescue Service Inc spend its money?
Twin Fire & Rescue Service Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Twin Fire & Rescue Service Inc tax-deductible?
Twin Fire & Rescue Service Inc is registered as a tax-exempt nonprofit (EIN: 200560354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Twin Fire & Rescue Service Inc CEO make?
Twin Fire & Rescue Service Inc's highest-compensated officer earns $100,000. annually. The organization reported $114K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Twin Fire & Rescue Service Inc's spending goes to programs?
Twin Fire & Rescue Service Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Twin Fire & Rescue Service Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Twin Fire & Rescue Service Inc is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Twin Fire & Rescue Service Inc located?
Twin Fire & Rescue Service Inc is headquartered in Guin, Alabama and files with the IRS under EIN 200560354. It is classified under NTEE code M24.
How many years of IRS 990 filings does Twin Fire & Rescue Service Inc have?
Twin Fire & Rescue Service Inc has 6 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 $114K in total revenue.
Is Twin Fire & Rescue Service Inc a good charity?
Based on the available data, Twin Fire & Rescue Service Inc appears to be a well-managed organization with strong asset growth and volunteer leadership. Its consistent revenue generation and low expense ratios in previous years suggest efficient operations. The 0% officer compensation is a significant positive indicator of dedication to its mission.
What caused the significant increase in liabilities in 2023?
The IRS 990 data shows liabilities increased from $0 in 2022 to $335,000 in 2023. Without access to the full 990 form, it's impossible to pinpoint the exact cause, but it could be due to a new loan for equipment, a mortgage for a new facility, or other significant financial commitments. This is the primary area for further investigation.
How does their asset growth compare to their revenue?
The organization's assets have grown significantly from $371,870 in 2018 to $898,267 in 2023, while annual revenues have remained relatively stable around $100,000. This indicates effective financial management, potentially through capital campaigns, grants, or careful stewardship of funds, allowing for substantial asset accumulation over time.
Filing History
IRS 990 filing history for Twin Fire & Rescue Service Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Twin Fire & Rescue Service Inc's revenue has grown by 17.1%, moving from $90K to $106K. Total assets increased by 141.6% over the same period, from $372K to $898K. Total functional expenses rose by 50.5%, from $58K to $87K. In its most recent filing year (2023), Twin Fire & Rescue Service Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $335K in liabilities against $898K in assets (debt-to-asset ratio: 37.3%), resulting in net assets of $563K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $106K | $87K | $898K | $335K | — | View 990 |
| 2022 | $101K | $87K | $544K | $0 | — | — |
| 2021 | $110K | $42K | $530K | $0 | — | View 990 |
| 2020 | $88K | $23K | $462K | $0 | — | — |
| 2019 | $84K | $60K | $396K | $0 | — | View 990 |
| 2018 | $90K | $58K | $372K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $106K, expenses of $87K, and assets of $898K (revenue +4.2% year-over-year).
- 2022: Revenue of $101K, expenses of $87K, and assets of $544K (revenue -8.0% year-over-year).
- 2021: Revenue of $110K, expenses of $42K, and assets of $530K (revenue +25.1% year-over-year).
- 2020: Revenue of $88K, expenses of $23K, and assets of $462K (revenue +5.2% year-over-year).
- 2019: Revenue of $84K, expenses of $60K, and assets of $396K (revenue -7.2% year-over-year).
- 2018: Revenue of $90K, expenses of $58K, and assets of $372K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Twin Fire & Rescue Service Inc:
Data Sources and Methodology
This transparency report for Twin Fire & Rescue Service 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.