Watson Chapel Fire Department Inc
EIN: 710495037 · Pine Bluff, AR · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $281K |
| Net Assets | $307K |
Is Watson Chapel 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 Watson Chapel Fire Department Inc
Watson Chapel Fire Department Inc (EIN: 710495037) is a nonprofit organization based in Pine Bluff, AR, classified under NTEE code M24. The organization reported total revenue of $174K and total assets of $382K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watson Chapel Fire Department Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Watson Chapel Fire Department Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $281K |
| Surplus / Deficit | $-121,162 |
| Total Assets | $307K |
| Net Assets | $307K |
| Operating Margin | -75.9% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Watson Chapel Fire Department Inc reported a deficit of $121K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Watson Chapel Fire Department Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.7% | +112.3% | -6.1% |
| 2022 | +15.8% | -8.0% | +23.4% |
| 2021 | -1.6% | +33.8% | -10.4% |
| 2020 | -3.5% | -29.5% | -21.4% |
| 2019 | -1.4% | +22.6% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Watson Chapel 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 Watson Chapel 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 $121K, with expenses exceeding revenue.
Frequently Asked Questions about Watson Chapel Fire Department Inc
Is Watson Chapel Fire Department Inc a legitimate charity?
Watson Chapel Fire Department Inc (EIN: 710495037) is a registered tax-exempt nonprofit based in Arkansas. It has 11 years of IRS 990 filings on record. Total revenue: $174K. No red flags identified. Financial health grade: B.
How does Watson Chapel Fire Department Inc spend its money?
Watson Chapel Fire Department Inc reported $174K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Watson Chapel Fire Department Inc tax-deductible?
Watson Chapel Fire Department Inc is registered as a tax-exempt nonprofit (EIN: 710495037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Watson Chapel Fire Department Inc located?
Watson Chapel Fire Department Inc is headquartered in Pine Bluff, Arkansas and files with the IRS under EIN 710495037. It is classified under NTEE code M24.
How many years of IRS 990 filings does Watson Chapel Fire Department Inc have?
Watson Chapel Fire Department Inc has 11 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 $174K in total revenue.
Filing History
IRS 990 filing history for Watson Chapel Fire Department Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Watson Chapel Fire Department Inc's revenue has declined by 12%, moving from $181K to $160K. Total assets increased by 6.9% over the same period, from $287K to $307K. Total functional expenses rose by 208.7%, from $91K to $281K. In its most recent filing year (2023), Watson Chapel Fire Department Inc reported a deficit of $121K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $281K | $307K | $0 | — | View 990 |
| 2022 | $166K | $132K | $327K | $0 | — | — |
| 2021 | $143K | $144K | $265K | $0 | — | View 990 |
| 2020 | $145K | $107K | $296K | $0 | — | View 990 |
| 2019 | $151K | $153K | $376K | $0 | — | View 990 |
| 2018 | $153K | $124K | $350K | $100K | — | View 990 |
| 2017 | $161K | $95K | $492K | $314K | — | View 990 |
| 2016 | $147K | $97K | $422K | $219K | — | View 990 |
| 2015 | $133K | $68K | $406K | $228K | — | View 990 |
| 2014 | $152K | $65K | $354K | $251K | — | View 990 |
| 2013 | $181K | $91K | $287K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160K, expenses of $281K, and assets of $307K (revenue -3.7% year-over-year).
- 2022: Revenue of $166K, expenses of $132K, and assets of $327K (revenue +15.8% year-over-year).
- 2021: Revenue of $143K, expenses of $144K, and assets of $265K (revenue -1.6% year-over-year).
- 2020: Revenue of $145K, expenses of $107K, and assets of $296K (revenue -3.5% year-over-year).
- 2019: Revenue of $151K, expenses of $153K, and assets of $376K (revenue -1.4% year-over-year).
- 2018: Revenue of $153K, expenses of $124K, and assets of $350K (revenue -5.0% year-over-year).
- 2017: Revenue of $161K, expenses of $95K, and assets of $492K (revenue +9.3% year-over-year).
- 2016: Revenue of $147K, expenses of $97K, and assets of $422K (revenue +10.7% year-over-year).
- 2015: Revenue of $133K, expenses of $68K, and assets of $406K (revenue -12.4% year-over-year).
- 2014: Revenue of $152K, expenses of $65K, and assets of $354K (revenue -16.2% year-over-year).
- 2013: Revenue of $181K, expenses of $91K, and assets of $287K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Watson Chapel Fire Department Inc:
Data Sources and Methodology
This transparency report for Watson Chapel 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.