Mt Carmel Volunteer Fire Department

Nonprofit profile at a glance

EIN
611201529
IRS 990-EZ coverage
2015–2023
Forms available
Form 990-EZ 2023, Form 990-N 2022
Location
Wallingford, KY, USA
Phone
6063750834
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$62,887
Expenses
$40,429
Assets
$195,546

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • RODNEY MINEER (CHAIRMAN/TRE)
  • JUSTIN FARROW (BOARD MEMBER)
  • TRACY PRATER II (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide emergency fire fighting protection for surrounding community

What it reported doing in 2023

Fire fighting - serves an area with a population of approx 1100 residents

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.3%; rating input score 62
  • Program expense ratio: 93%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 35.7%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 4.84; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0.8% per year; rating input score 0; 47th percentile among comparable filings
  • Revenue growth: 8.8% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 0.3% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 62.3% of revenue deployed · 93% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $38K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2015 to 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.