MPublic Safety, Disaster Preparedness & ReliefEIN: 341222835· Ruling Year: 2018

Hopedale Volunteer Fire Department

Hopedale, Ohio

A-Health Score
78A-

Financial Health Score

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

Very Good

💰
$1.5M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$383K
Net Assets
📋
$91K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.6%
Year-over-year change (2022 → 2023)
Net Margin
+3.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.27
Net assets divided by total expenses
Liabilities-to-Assets
19.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,486,66725%$1,439,22313%$474,0309%
2022$1,192,7723%$1,275,5535%$435,48316%
2021$1,224,71292%$1,214,50358%$518,26442%
2020$637,47120%$768,3012%$365,7308%
2019$797,975146%$786,888181%$396,4603%
2018$323,93748%$280,05158%$385,37311%
2017$219,284$176,956$433,241
2016$219,284199%$176,95669%$433,2414%
2015$73,3979%$104,78635%$414,95315%
2014$67,03179%$77,6445%$486,5705%
2013$319,408236%$81,46131%$510,29779%
2012$95,04313%$117,64814%$285,46411%
2011$109,520$137,532$321,519

Frequently Asked Questions

What does Hopedale Volunteer Fire Department do?

Hopedale Volunteer Fire Department is a public safety, disaster preparedness & relief nonprofit organization based in Ohio. It is classified under NTEE code M24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hopedale Volunteer Fire Department financially healthy?

Based on our 9-metric Financial Health Score model, Hopedale Volunteer Fire Department has a score of 78/100 (Grade: A-). 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 Hopedale Volunteer Fire Department generate?

Hopedale Volunteer Fire Department reports $2.1M in annual revenue and holds $783K in total assets, based on IRS filings.

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