Sequatchie Area Volunteer Fire Assn Inc
Nonprofit profile at a glance
- EIN
- 621836033
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2018, Form 990-EZ 2024
- Location
- Sequatchie, TN, USA
- Phone
- 4239426009
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fire Prevention
Reported finances
- Revenue
- $49,409
- Expenses
- $89,851
- Assets
- $234,908
- Liabilities
- $100,247
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- SEAN BOWDEN (CHAIRMAN)
- SARAH MILLER (TREASURER)
- BILL WELSH (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide fire protection to rural areas of central marion county, tn by providing training & equipment for volunteers. The organization serves approximately 6,500 residents in a 42 square mile service area. The association also provides mutual aid to 14 other fire districts.
What it reported doing in 2024
To purchase, maintain, and operate fire fighting equipmentand two fire halls in order to provide fire protection for thedistrict.
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 33
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.4%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -81.9%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 2.61; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.43; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: -8.2% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: -2.9% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $88K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- 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 — Sustainability: Operating margin scored 9/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.