Volunteer Fire Department Of Big Elk
EIN: 841516765 · Lyons, CO · NTEE: M24
Is Volunteer Fire Department Of Big Elk Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Volunteer Fire Department Of Big Elk
Volunteer Fire Department Of Big Elk (EIN: 841516765) is a nonprofit organization based in Lyons, CO, classified under NTEE code M24. The organization reported total revenue of $373K and total assets of $222K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteer Fire Department Of Big Elk's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteer Fire Department Of Big Elk is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $82K |
| Surplus / Deficit | $-12,343 |
| Total Assets | $214K |
| Net Assets | $214K |
| Operating Margin | -17.8% |
| Months of Reserves | 31.4 months |
Financial Health Grade: B
In 2023, Volunteer Fire Department Of Big Elk reported a deficit of $12K with expenses exceeding revenue, holds 31.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Volunteer Fire Department Of Big Elk's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +6.6% | -5.5% |
| 2022 | -24.1% | +88.9% | -5.8% |
| 2021 | +109.4% | -32.2% | +49.4% |
| 2020 | -40.5% | +30.1% | -11.3% |
| 2019 | +51.6% | +14.6% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Volunteer Fire Department Of Big Elk 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 Volunteer Fire Department Of Big Elk 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 $12K, with expenses exceeding revenue.
Frequently Asked Questions about Volunteer Fire Department Of Big Elk
Is Volunteer Fire Department Of Big Elk a legitimate charity?
Based on AI analysis of IRS 990 filings, Volunteer Fire Department Of Big Elk (EIN: 841516765) insufficient data. 0 red flags identified, 0 strengths noted.
How does Volunteer Fire Department Of Big Elk spend its money?
Detailed spending breakdown data is not yet available for Volunteer Fire Department Of Big Elk. Check back for updated IRS 990 analysis.
Are donations to Volunteer Fire Department Of Big Elk tax-deductible?
Volunteer Fire Department Of Big Elk is registered as a tax-exempt nonprofit (EIN: 841516765). 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 Volunteer Fire Department Of Big Elk showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Volunteer Fire Department Of Big Elk's revenue has grown by 29.7%, moving from $54K to $69K. Total assets increased by 58.8% over the same period, from $135K to $214K. Total functional expenses fell by 39.1%, from $134K to $82K. In its most recent filing year (2023), Volunteer Fire Department Of Big Elk reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $82K | $214K | $0 | — | — |
| 2022 | $63K | $77K | $226K | $0 | — | View 990 |
| 2021 | $83K | $41K | $240K | $0 | — | — |
| 2020 | $40K | $60K | $161K | $0 | — | View 990 |
| 2019 | $66K | $46K | $181K | $0 | — | View 990 |
| 2018 | $44K | $40K | $161K | $0 | — | View 990 |
| 2017 | $61K | $59K | $159K | $0 | — | View 990 |
| 2016 | $46K | $48K | $160K | $5K | — | View 990 |
| 2015 | $45K | $39K | $163K | $5K | — | View 990 |
| 2014 | $79K | $59K | $117K | $10K | — | View 990 |
| 2013 | $53K | $60K | $142K | $15K | — | — |
| 2012 | $54K | $134K | $135K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $82K, and assets of $214K (revenue +10.5% year-over-year).
- 2022: Revenue of $63K, expenses of $77K, and assets of $226K (revenue -24.1% year-over-year).
- 2021: Revenue of $83K, expenses of $41K, and assets of $240K (revenue +109.4% year-over-year).
- 2020: Revenue of $40K, expenses of $60K, and assets of $161K (revenue -40.5% year-over-year).
- 2019: Revenue of $66K, expenses of $46K, and assets of $181K (revenue +51.6% year-over-year).
- 2018: Revenue of $44K, expenses of $40K, and assets of $161K (revenue -28.6% year-over-year).
- 2017: Revenue of $61K, expenses of $59K, and assets of $159K (revenue +34.6% year-over-year).
- 2016: Revenue of $46K, expenses of $48K, and assets of $160K (revenue +2.5% year-over-year).
- 2015: Revenue of $45K, expenses of $39K, and assets of $163K (revenue -43.4% year-over-year).
- 2014: Revenue of $79K, expenses of $59K, and assets of $117K (revenue +48.0% year-over-year).
- 2013: Revenue of $53K, expenses of $60K, and assets of $142K (revenue -0.7% year-over-year).
- 2012: Revenue of $54K, expenses of $134K, and assets of $135K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteer Fire Department Of Big Elk:
Data Sources and Methodology
This transparency report for Volunteer Fire Department Of Big Elk 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.