Utica Volunteer Fire Department Inc
EIN: 616029586 · Utica, KY · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $111K |
| Net Assets | $35K |
Is Utica Volunteer Fire Department Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Utica Volunteer Fire Department Inc
Utica Volunteer Fire Department Inc (EIN: 616029586) is a nonprofit organization based in Utica, KY, classified under NTEE code M24. The organization reported total revenue of $68K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utica Volunteer Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utica Volunteer Fire Department Inc is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 43.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $111K |
| Surplus / Deficit | $-20,579 |
| Total Assets | $56K |
| Total Liabilities | $21K |
| Net Assets | $35K |
| Operating Margin | -22.8% |
| Debt-to-Asset Ratio | 37.1% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Utica Volunteer Fire Department Inc reported a deficit of $21K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 37.1% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Utica Volunteer Fire Department Inc's revenue has grown at a compound annual growth rate (CAGR) of 43.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.2% | +59.5% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Utica Volunteer Fire Department 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 Utica Volunteer Fire Department 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 deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.1%.
Frequently Asked Questions about Utica Volunteer Fire Department Inc
Is Utica Volunteer Fire Department Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Utica Volunteer Fire Department Inc (EIN: 616029586) insufficient data. 0 red flags identified, 0 strengths noted.
How does Utica Volunteer Fire Department Inc spend its money?
Detailed spending breakdown data is not yet available for Utica Volunteer Fire Department Inc. Check back for updated IRS 990 analysis.
Are donations to Utica Volunteer Fire Department Inc tax-deductible?
Utica Volunteer Fire Department Inc is registered as a tax-exempt nonprofit (EIN: 616029586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Utica Volunteer Fire Department Inc located?
Utica Volunteer Fire Department Inc is headquartered in Utica, Kentucky and files with the IRS under EIN 616029586. It is classified under NTEE code M24.
How many years of IRS 990 filings does Utica Volunteer Fire Department Inc have?
Utica Volunteer Fire Department Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $68K in total revenue.
Filing History
IRS 990 filing history for Utica Volunteer Fire Department Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Utica Volunteer Fire Department Inc's revenue has grown by 43.2%, moving from $63K to $90K. Total assets decreased by 9% over the same period, from $62K to $56K. Total functional expenses rose by 59.5%, from $70K to $111K. In its most recent filing year (2023), Utica Volunteer Fire Department Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $21K in liabilities against $56K in assets (debt-to-asset ratio: 37.1%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $111K | $56K | $21K | — | — |
| 2022 | $63K | $70K | $62K | $6K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utica Volunteer Fire Department Inc:
Data Sources and Methodology
This transparency report for Utica Volunteer Fire Department 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.