Virginia State Firefighters Association
EIN: 546040194 · Radford, VA
Is Virginia State Firefighters Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia State Firefighters Association
Virginia State Firefighters Association (EIN: 546040194) is a nonprofit organization based in Radford, VA. The organization reported total revenue of $180K and total assets of $530K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia State Firefighters Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia State Firefighters Association is a small nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $97K |
| Surplus / Deficit | +$50K |
| Total Assets | $556K |
| Total Liabilities | $11K |
| Net Assets | $545K |
| Operating Margin | 34.1% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 68.9 months |
Financial Health Grade: A
In 2024, Virginia State Firefighters Association reported a surplus of $50K with revenue exceeding expenses, holds 68.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Virginia State Firefighters Association's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +27.7% | -28.5% | +9.3% |
| 2023 | +53.4% | +65.5% | +11.4% |
| 2022 | +31.1% | +16.3% | +4.6% |
| 2021 | -40.5% | -36.0% | -1.9% |
| 2020 | -35.6% | -32.0% | -16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia State Firefighters Association 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 Virginia State Firefighters Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Virginia State Firefighters Association
Is Virginia State Firefighters Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia State Firefighters Association (EIN: 546040194) insufficient data. 0 red flags identified, 0 strengths noted.
How does Virginia State Firefighters Association spend its money?
Detailed spending breakdown data is not yet available for Virginia State Firefighters Association. Check back for updated IRS 990 analysis.
Are donations to Virginia State Firefighters Association tax-deductible?
Virginia State Firefighters Association is registered as a tax-exempt nonprofit (EIN: 546040194). 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 Virginia State Firefighters Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Virginia State Firefighters Association's revenue has declined by 0.3%, moving from $147K to $147K. Total assets decreased by 12.3% over the same period, from $634K to $556K. Total functional expenses fell by 58.4%, from $233K to $97K. In its most recent filing year (2024), Virginia State Firefighters Association reported a surplus of $50K, with revenue exceeding expenses. The organization holds $11K in liabilities against $556K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $545K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $147K | $97K | $556K | $11K | — | — |
| 2023 | $115K | $135K | $508K | $60K | — | View 990 |
| 2022 | $75K | $82K | $456K | $11K | — | View 990 |
| 2021 | $57K | $70K | $436K | $11K | — | View 990 |
| 2020 | $96K | $110K | $444K | $635 | — | — |
| 2019 | $149K | $162K | $531K | $12K | — | View 990 |
| 2018 | $232K | $242K | $545K | $5K | — | View 990 |
| 2017 | $222K | $221K | $542K | $6K | — | View 990 |
| 2016 | $252K | $255K | $492K | $5K | — | View 990 |
| 2015 | $238K | $272K | $548K | $32K | — | View 990 |
| 2014 | $214K | $242K | $587K | $10K | — | View 990 |
| 2013 | $229K | $275K | $567K | $4K | — | View 990 |
| 2012 | $212K | $273K | $603K | $27K | — | View 990 |
| 2011 | $147K | $233K | $634K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $147K, expenses of $97K, and assets of $556K (revenue +27.7% year-over-year).
- 2023: Revenue of $115K, expenses of $135K, and assets of $508K (revenue +53.4% year-over-year).
- 2022: Revenue of $75K, expenses of $82K, and assets of $456K (revenue +31.1% year-over-year).
- 2021: Revenue of $57K, expenses of $70K, and assets of $436K (revenue -40.5% year-over-year).
- 2020: Revenue of $96K, expenses of $110K, and assets of $444K (revenue -35.6% year-over-year).
- 2019: Revenue of $149K, expenses of $162K, and assets of $531K (revenue -35.6% year-over-year).
- 2018: Revenue of $232K, expenses of $242K, and assets of $545K (revenue +4.3% year-over-year).
- 2017: Revenue of $222K, expenses of $221K, and assets of $542K (revenue -11.8% year-over-year).
- 2016: Revenue of $252K, expenses of $255K, and assets of $492K (revenue +5.8% year-over-year).
- 2015: Revenue of $238K, expenses of $272K, and assets of $548K (revenue +11.4% year-over-year).
- 2014: Revenue of $214K, expenses of $242K, and assets of $587K (revenue -6.9% year-over-year).
- 2013: Revenue of $229K, expenses of $275K, and assets of $567K (revenue +8.1% year-over-year).
- 2012: Revenue of $212K, expenses of $273K, and assets of $603K (revenue +44.3% year-over-year).
- 2011: Revenue of $147K, expenses of $233K, and assets of $634K.
Data Sources and Methodology
This transparency report for Virginia State Firefighters Association 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.