M โ€” Public Safety, Disaster Preparedness & ReliefEIN: 237422021ยท Ruling Year: 1977

Troutman Fire Department Inc

Troutman, North Carolina

BHealth Score
63B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$2.5M
Total Revenue
๐Ÿ“Š
$2.6M
Total Expenses
๐Ÿฆ
$6.7M
Net Assets
๐Ÿ“‹
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.55
Net assets divided by total expenses
Liabilities-to-Assets
24.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,518,288โ†“10%$2,642,005โ†‘2%$8,887,091โ†“4%
2022$2,789,721โ†“1%$2,586,733โ†‘40%$9,249,789โ†“1%
2021$2,810,232โ†‘38%$1,854,118โ†‘16%$9,346,281โ†‘14%
2020$2,037,457โ†‘34%$1,597,532โ†‘20%$8,228,442โ†‘28%
2019$1,525,023โ†“10%$1,335,650โ†“5%$6,403,673โ†‘5%
2018$1,703,754โ†‘2%$1,404,400โ†‘12%$6,124,034โ†‘2%
2017$1,671,375โ†‘8%$1,259,008โ†‘15%$6,011,895โ†‘11%
2016$1,549,443โ†‘10%$1,093,249โ†“3%$5,422,790โ†‘6%
2015$1,404,509โ†“2%$1,132,472โ†‘4%$5,118,000โ†‘3%
2014$1,432,460โ†‘9%$1,090,143โ†‘7%$4,982,375โ†‘4%
2013$1,309,801โ†‘25%$1,019,385$4,778,417โ†‘3%
2012$1,050,725โ†‘4%$1,022,562โ†“3%$4,618,038โ†“2%
2011$1,013,188$1,049,767$4,719,748

Frequently Asked Questions

What does Troutman Fire Department Inc do?โ–ผ

Troutman Fire Department Inc is a public safety, disaster preparedness & relief nonprofit organization based in North Carolina. It is classified under NTEE code M240 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Troutman Fire Department Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Troutman Fire Department Inc has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Troutman Fire Department Inc generate?โ–ผ

Troutman Fire Department Inc reports $3.9M in annual revenue and holds $9.7M in total assets, based on IRS filings.

Troutman Fire Department Inc โ€” Troutman, NC | GiveScope