Winterville Community Rural Fire Association Incorporated
EIN: 561734897 · Winterville, NC
Is Winterville Community Rural Fire Association Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Winterville Community Rural Fire Association Incorporated
Winterville Community Rural Fire Association Incorporated (EIN: 561734897) is a nonprofit organization based in Winterville, NC. The organization reported total revenue of $737K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winterville Community Rural Fire Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winterville Community Rural Fire Association Incorporated is a small nonprofit that has been operating for 35 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $609K |
| Total Expenses | $578K |
| Surplus / Deficit | +$31K |
| Total Assets | $2.8M |
| Total Liabilities | $1.8M |
| Net Assets | $974K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 65.3% |
| Months of Reserves | 58.3 months |
Financial Health Grade: A
In 2023, Winterville Community Rural Fire Association Incorporated reported a surplus of $31K with revenue exceeding expenses, holds 58.3 months of operating reserves (strong position), has a debt-to-asset ratio of 65.3% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Winterville Community Rural Fire Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.9% | +63.5% | +3.3% |
| 2022 | -6.8% | -1.0% | +31.5% |
| 2021 | +33.8% | +23.0% | +2.3% |
| 2020 | +31.5% | -20.1% | -0.1% |
| 2019 | -23.2% | +50.2% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Winterville Community Rural Fire Association 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 Winterville Community Rural Fire Association 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 $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.3%.
Frequently Asked Questions about Winterville Community Rural Fire Association Incorporated
Is Winterville Community Rural Fire Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Winterville Community Rural Fire Association Incorporated (EIN: 561734897) insufficient data. 0 red flags identified, 0 strengths noted.
How does Winterville Community Rural Fire Association Incorporated spend its money?
Detailed spending breakdown data is not yet available for Winterville Community Rural Fire Association Incorporated. Check back for updated IRS 990 analysis.
Are donations to Winterville Community Rural Fire Association Incorporated tax-deductible?
Winterville Community Rural Fire Association Incorporated is registered as a tax-exempt nonprofit (EIN: 561734897). 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 Winterville Community Rural Fire Association Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Winterville Community Rural Fire Association Incorporated's revenue has grown by 273.7%, moving from $163K to $609K. Total assets increased by 411.2% over the same period, from $550K to $2.8M. Total functional expenses rose by 222.2%, from $179K to $578K. In its most recent filing year (2023), Winterville Community Rural Fire Association Incorporated reported a surplus of $31K, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $2.8M in assets (debt-to-asset ratio: 65.3%), resulting in net assets of $974K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $609K | $578K | $2.8M | $1.8M | — | View 990 |
| 2022 | $418K | $354K | $2.7M | $1.9M | — | View 990 |
| 2021 | $448K | $357K | $2.1M | $1.3M | — | View 990 |
| 2020 | $335K | $290K | $2.0M | $1.4M | — | View 990 |
| 2019 | $255K | $363K | $2.0M | $1.4M | — | View 990 |
| 2018 | $332K | $242K | $2.2M | $1.5M | — | View 990 |
| 2017 | $220K | $166K | $671K | $47K | — | View 990 |
| 2016 | $210K | $166K | $643K | $73K | — | View 990 |
| 2015 | $231K | $191K | $622K | $84K | — | View 990 |
| 2014 | $284K | $212K | $632K | $135K | — | View 990 |
| 2013 | $204K | $169K | $561K | $136K | — | View 990 |
| 2012 | $163K | $179K | $550K | $160K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $609K, expenses of $578K, and assets of $2.8M (revenue +45.9% year-over-year).
- 2022: Revenue of $418K, expenses of $354K, and assets of $2.7M (revenue -6.8% year-over-year).
- 2021: Revenue of $448K, expenses of $357K, and assets of $2.1M (revenue +33.8% year-over-year).
- 2020: Revenue of $335K, expenses of $290K, and assets of $2.0M (revenue +31.5% year-over-year).
- 2019: Revenue of $255K, expenses of $363K, and assets of $2.0M (revenue -23.2% year-over-year).
- 2018: Revenue of $332K, expenses of $242K, and assets of $2.2M (revenue +50.7% year-over-year).
- 2017: Revenue of $220K, expenses of $166K, and assets of $671K (revenue +5.0% year-over-year).
- 2016: Revenue of $210K, expenses of $166K, and assets of $643K (revenue -9.4% year-over-year).
- 2015: Revenue of $231K, expenses of $191K, and assets of $622K (revenue -18.6% year-over-year).
- 2014: Revenue of $284K, expenses of $212K, and assets of $632K (revenue +39.2% year-over-year).
- 2013: Revenue of $204K, expenses of $169K, and assets of $561K (revenue +25.3% year-over-year).
- 2012: Revenue of $163K, expenses of $179K, and assets of $550K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winterville Community Rural Fire Association Incorporated:
Data Sources and Methodology
This transparency report for Winterville Community Rural Fire Association 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.