Union Rescue Squad Inc
EIN: 561412861 · Willard, NC
Is Union Rescue Squad Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Union Rescue Squad Inc
Union Rescue Squad Inc (EIN: 561412861) is a nonprofit organization based in Willard, NC. The organization reported total revenue of $257K and total assets of $494K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Rescue Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Rescue Squad Inc is a small nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $301K |
| Total Expenses | $223K |
| Surplus / Deficit | +$78K |
| Total Assets | $708K |
| Net Assets | $708K |
| Operating Margin | 25.9% |
| Months of Reserves | 38.1 months |
Financial Health Grade: A
In 2022, Union Rescue Squad Inc reported a surplus of $78K with revenue exceeding expenses, holds 38.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Union Rescue Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +12.3% | -7.8% | +12.4% |
| 2021 | +8.3% | +12.6% | +4.4% |
| 2020 | -11.3% | -17.0% | +5.7% |
| 2019 | +1.3% | -0.9% | +3.7% |
| 2018 | +17.2% | +17.1% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Union Rescue Squad 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 Union Rescue Squad 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $78K, with revenue exceeding expenses.
Frequently Asked Questions about Union Rescue Squad Inc
Is Union Rescue Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Union Rescue Squad Inc (EIN: 561412861) insufficient data. 0 red flags identified, 0 strengths noted.
How does Union Rescue Squad Inc spend its money?
Detailed spending breakdown data is not yet available for Union Rescue Squad Inc. Check back for updated IRS 990 analysis.
Are donations to Union Rescue Squad Inc tax-deductible?
Union Rescue Squad Inc is registered as a tax-exempt nonprofit (EIN: 561412861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Union Rescue Squad Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Union Rescue Squad Inc's revenue has grown by 66.5%, moving from $181K to $301K. Total assets increased by 66.6% over the same period, from $425K to $708K. Total functional expenses rose by 45.4%, from $153K to $223K. In its most recent filing year (2022), Union Rescue Squad Inc reported a surplus of $78K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $301K | $223K | $708K | $0 | — | — |
| 2021 | $268K | $242K | $630K | $0 | — | — |
| 2020 | $247K | $215K | $604K | $0 | — | View 990 |
| 2019 | $279K | $259K | $571K | $0 | — | View 990 |
| 2018 | $276K | $261K | $551K | $0 | — | View 990 |
| 2017 | $235K | $223K | $536K | $0 | — | View 990 |
| 2016 | $198K | $183K | $524K | $0 | — | View 990 |
| 2015 | $191K | $161K | $508K | $0 | — | View 990 |
| 2014 | $153K | $160K | $478K | $0 | — | View 990 |
| 2013 | $166K | $131K | $486K | $0 | — | View 990 |
| 2012 | $133K | $107K | $451K | $0 | — | View 990 |
| 2011 | $181K | $153K | $425K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $301K, expenses of $223K, and assets of $708K (revenue +12.3% year-over-year).
- 2021: Revenue of $268K, expenses of $242K, and assets of $630K (revenue +8.3% year-over-year).
- 2020: Revenue of $247K, expenses of $215K, and assets of $604K (revenue -11.3% year-over-year).
- 2019: Revenue of $279K, expenses of $259K, and assets of $571K (revenue +1.3% year-over-year).
- 2018: Revenue of $276K, expenses of $261K, and assets of $551K (revenue +17.2% year-over-year).
- 2017: Revenue of $235K, expenses of $223K, and assets of $536K (revenue +18.9% year-over-year).
- 2016: Revenue of $198K, expenses of $183K, and assets of $524K (revenue +3.5% year-over-year).
- 2015: Revenue of $191K, expenses of $161K, and assets of $508K (revenue +25.1% year-over-year).
- 2014: Revenue of $153K, expenses of $160K, and assets of $478K (revenue -8.3% year-over-year).
- 2013: Revenue of $166K, expenses of $131K, and assets of $486K (revenue +25.2% year-over-year).
- 2012: Revenue of $133K, expenses of $107K, and assets of $451K (revenue -26.4% year-over-year).
- 2011: Revenue of $181K, expenses of $153K, and assets of $425K.
Data Sources and Methodology
This transparency report for Union Rescue Squad 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.