Western Albemarle Rescue Squad Foundation
EIN: 843761813 · Crozet, VA · NTEE: M12
Is Western Albemarle Rescue Squad Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Albemarle Rescue Squad Foundation
Western Albemarle Rescue Squad Foundation (EIN: 843761813) is a nonprofit organization based in Crozet, VA, classified under NTEE code M12. The organization reported total revenue of $195K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Albemarle Rescue Squad Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Albemarle Rescue Squad Foundation is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -42.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $279K |
| Total Expenses | $38K |
| Surplus / Deficit | +$242K |
| Total Assets | $4.2M |
| Net Assets | $4.2M |
| Operating Margin | 86.6% |
| Months of Reserves | 1356.9 months |
Financial Health Grade: A
In 2023, Western Albemarle Rescue Squad Foundation reported a surplus of $242K with revenue exceeding expenses, holds 1356.9 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Western Albemarle Rescue Squad Foundation's revenue has declined at a compound annual growth rate (CAGR) of -42.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.6% | +153.0% | +8.3% |
| 2022 | -87.0% | -71.4% | -4.5% |
| 2021 | +65.2% | +1589.4% | +173.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Albemarle Rescue Squad Foundation 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 Western Albemarle Rescue Squad Foundation 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 $242K, with revenue exceeding expenses.
Frequently Asked Questions about Western Albemarle Rescue Squad Foundation
Is Western Albemarle Rescue Squad Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Albemarle Rescue Squad Foundation (EIN: 843761813) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western Albemarle Rescue Squad Foundation spend its money?
Detailed spending breakdown data is not yet available for Western Albemarle Rescue Squad Foundation. Check back for updated IRS 990 analysis.
Are donations to Western Albemarle Rescue Squad Foundation tax-deductible?
Western Albemarle Rescue Squad Foundation is registered as a tax-exempt nonprofit (EIN: 843761813). 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 Western Albemarle Rescue Squad Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Western Albemarle Rescue Squad Foundation's revenue has declined by 81.4%, moving from $1.5M to $279K. Total assets increased by 182.9% over the same period, from $1.5M to $4.2M. Total functional expenses rose by 1123.9%, from $3K to $38K. In its most recent filing year (2023), Western Albemarle Rescue Squad Foundation reported a surplus of $242K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $279K | $38K | $4.2M | $0 | — | — |
| 2022 | $323K | $15K | $3.9M | $0 | — | View 990 |
| 2021 | $2.5M | $52K | $4.1M | $0 | — | View 990 |
| 2020 | $1.5M | $3K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $279K, expenses of $38K, and assets of $4.2M (revenue -13.6% year-over-year).
- 2022: Revenue of $323K, expenses of $15K, and assets of $3.9M (revenue -87.0% year-over-year).
- 2021: Revenue of $2.5M, expenses of $52K, and assets of $4.1M (revenue +65.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $3K, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Western Albemarle Rescue Squad Foundation 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.