West Union Volunteer Firefighters Incorporated
EIN: 272282628 · West Union, IA · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $15K |
| Net Assets | $154K |
Is West Union Volunteer Firefighters Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West Union Volunteer Firefighters Incorporated
West Union Volunteer Firefighters Incorporated (EIN: 272282628) is a nonprofit organization based in West Union, IA, classified under NTEE code M24. The organization reported total revenue of $70K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Union Volunteer Firefighters Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Union Volunteer Firefighters Incorporated is a micro nonprofit that has been operating for 16 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $15K |
| Surplus / Deficit | +$37K |
| Total Assets | $154K |
| Net Assets | $154K |
| Operating Margin | 71.6% |
| Months of Reserves | 125.3 months |
Financial Health Grade: A
In 2023, West Union Volunteer Firefighters Incorporated reported a surplus of $37K with revenue exceeding expenses, holds 125.3 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), West Union Volunteer Firefighters Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | -49.2% | +31.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West Union Volunteer Firefighters Incorporated 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 West Union Volunteer Firefighters Incorporated 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 $37K, with revenue exceeding expenses.
Frequently Asked Questions about West Union Volunteer Firefighters Incorporated
Is West Union Volunteer Firefighters Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, West Union Volunteer Firefighters Incorporated (EIN: 272282628) insufficient data. 0 red flags identified, 0 strengths noted.
How does West Union Volunteer Firefighters Incorporated spend its money?
Detailed spending breakdown data is not yet available for West Union Volunteer Firefighters Incorporated. Check back for updated IRS 990 analysis.
Are donations to West Union Volunteer Firefighters Incorporated tax-deductible?
West Union Volunteer Firefighters Incorporated is registered as a tax-exempt nonprofit (EIN: 272282628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West Union Volunteer Firefighters Incorporated located?
West Union Volunteer Firefighters Incorporated is headquartered in West Union, Iowa and files with the IRS under EIN 272282628. It is classified under NTEE code M24.
How many years of IRS 990 filings does West Union Volunteer Firefighters Incorporated have?
West Union Volunteer Firefighters Incorporated 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 $70K in total revenue.
Filing History
IRS 990 filing history for West Union Volunteer Firefighters Incorporated showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), West Union Volunteer Firefighters Incorporated's revenue has declined by 0.7%, moving from $52K to $52K. Total assets increased by 31.8% over the same period, from $117K to $154K. Total functional expenses fell by 49.2%, from $29K to $15K. In its most recent filing year (2023), West Union Volunteer Firefighters Incorporated reported a surplus of $37K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $15K | $154K | $0 | — | View 990 |
| 2022 | $52K | $29K | $117K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Union Volunteer Firefighters Incorporated:
Data Sources and Methodology
This transparency report for West Union Volunteer Firefighters Incorporated 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.