Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland
EIN: 521557557 · Lanham, MD · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $268K |
| Total Expenses | $382K |
| Net Assets | $556K |
Is Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland 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 Dept And Rescue Sq Of West Lanham Hills Maryland
Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland (EIN: 521557557) is a nonprofit organization based in Lanham, MD, classified under NTEE code M24. The organization reported total revenue of $268K and total assets of $743K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland is a small nonprofit that has been operating for 2 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $391K |
| Total Expenses | $382K |
| Surplus / Deficit | +$9K |
| Total Assets | $746K |
| Total Liabilities | $190K |
| Net Assets | $556K |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 25.4% |
| Months of Reserves | 23.4 months |
Financial Health Grade: A
In 2023, Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland reported a surplus of $9K with revenue exceeding expenses, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 25.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.3% | +69.3% | -9.6% |
| 2022 | -30.9% | -19.1% | -13.3% |
| 2021 | +6.2% | -8.4% | -12.3% |
| 2020 | +11.2% | -38.1% | -8.2% |
| 2019 | -29.3% | +8.7% | -22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland 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 Dept And Rescue Sq Of West Lanham Hills Maryland 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 surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.4%.
Frequently Asked Questions about Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland
Is Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland a legitimate charity?
Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland (EIN: 521557557) is a registered tax-exempt nonprofit based in Maryland. It has 14 years of IRS 990 filings on record. Total revenue: $268K. No red flags identified. Financial health grade: A.
How does Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland spend its money?
Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland reported $268K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland tax-deductible?
Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland is registered as a tax-exempt nonprofit (EIN: 521557557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland located?
Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland is headquartered in Lanham, Maryland and files with the IRS under EIN 521557557. It is classified under NTEE code M24.
How many years of IRS 990 filings does Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland have?
Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland has 14 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 $268K in total revenue.
Filing History
IRS 990 filing history for Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland's revenue has grown by 70%, moving from $230K to $391K. Total assets increased by 10.3% over the same period, from $676K to $746K. Total functional expenses rose by 80.8%, from $211K to $382K. In its most recent filing year (2023), Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland reported a surplus of $9K, with revenue exceeding expenses. The organization holds $190K in liabilities against $746K in assets (debt-to-asset ratio: 25.4%), resulting in net assets of $556K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $391K | $382K | $746K | $190K | — | — |
| 2022 | $188K | $226K | $824K | $277K | — | View 990 |
| 2021 | $272K | $279K | $951K | $366K | — | View 990 |
| 2020 | $256K | $305K | $1.1M | $492K | — | — |
| 2019 | $230K | $492K | $1.2M | $540K | — | View 990 |
| 2018 | $325K | $453K | $1.5M | $613K | — | View 990 |
| 2017 | $406K | $519K | $1.5M | $454K | — | View 990 |
| 2016 | $235K | $382K | $1.6M | $497K | — | View 990 |
| 2015 | $534K | $308K | $1.8M | $542K | — | View 990 |
| 2014 | $273K | $312K | $1.7M | $646K | — | View 990 |
| 2013 | $277K | $208K | $1.9M | $680K | — | View 990 |
| 2012 | $355K | $239K | $1.4M | $170K | — | View 990 |
| 2011 | $222K | $226K | $1.3M | $221K | — | View 990 |
| 2010 | $230K | $211K | $676K | $407K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $391K, expenses of $382K, and assets of $746K (revenue +108.3% year-over-year).
- 2022: Revenue of $188K, expenses of $226K, and assets of $824K (revenue -30.9% year-over-year).
- 2021: Revenue of $272K, expenses of $279K, and assets of $951K (revenue +6.2% year-over-year).
- 2020: Revenue of $256K, expenses of $305K, and assets of $1.1M (revenue +11.2% year-over-year).
- 2019: Revenue of $230K, expenses of $492K, and assets of $1.2M (revenue -29.3% year-over-year).
- 2018: Revenue of $325K, expenses of $453K, and assets of $1.5M (revenue -19.9% year-over-year).
- 2017: Revenue of $406K, expenses of $519K, and assets of $1.5M (revenue +72.8% year-over-year).
- 2016: Revenue of $235K, expenses of $382K, and assets of $1.6M (revenue -56.0% year-over-year).
- 2015: Revenue of $534K, expenses of $308K, and assets of $1.8M (revenue +95.3% year-over-year).
- 2014: Revenue of $273K, expenses of $312K, and assets of $1.7M (revenue -1.2% year-over-year).
- 2013: Revenue of $277K, expenses of $208K, and assets of $1.9M (revenue -22.0% year-over-year).
- 2012: Revenue of $355K, expenses of $239K, and assets of $1.4M (revenue +60.1% year-over-year).
- 2011: Revenue of $222K, expenses of $226K, and assets of $1.3M (revenue -3.6% year-over-year).
- 2010: Revenue of $230K, expenses of $211K, and assets of $676K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland:
Data Sources and Methodology
This transparency report for Volunteer Fire Dept And Rescue Sq Of West Lanham Hills Maryland 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.