M — Public Safety, Disaster Preparedness & ReliefEIN: 061648620· Ruling Year: 2014

Frostburg Fire Department No 1 Inc

Frostburg, Maryland

A-Health Score
81A-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Very Good

💰
$822K
Total Revenue
📊
$186K
Total Expenses
🏦
$10.3M
Net Assets
📋
$165K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+113.8%
Year-over-year change (2022 → 2023)
Net Margin
+77.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
55.25
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$821,708↑114%$186,079↓15%$10,445,738↑33%
2022$384,326↓3%$219,729↑1%$7,836,206↑3%
2021$395,952↓5%$217,957↓2%$7,599,856↑5%
2020$416,040↓7%$221,682↓15%$7,259,153↑6%
2019$447,504↑4%$259,980↑65%$6,863,949↑2%
2018$431,862↑4%$157,464↓23%$6,738,793↑11%
2017$413,522↓11%$204,473↓7%$6,056,553↑5%
2016$462,744↑17%$219,941↓3%$5,785,916↓6%
2015$394,118↑28%$227,712↑25%$6,141,577↑3%
2014$307,224↑5%$181,482↓10%$5,958,172↑12%
2013$292,674$200,756$5,333,396

Frequently Asked Questions

What does Frostburg Fire Department No 1 Inc do?▼

Frostburg Fire Department No 1 Inc is a public safety, disaster preparedness & relief nonprofit organization based in Maryland. It is classified under NTEE code M24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Frostburg Fire Department No 1 Inc financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Frostburg Fire Department No 1 Inc.

How much revenue does Frostburg Fire Department No 1 Inc generate?▼

Frostburg Fire Department No 1 Inc reports $509K in annual revenue and holds $10.0M in total assets, based on IRS filings.

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