MPublic Safety, Disaster Preparedness & ReliefEIN: 510094570· Ruling Year: 2014

Millsboro Fire Company Inc

Millsboro, Delaware

AHealth Score
90A

Financial Health Score

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

Excellent

💰
$3.5M
Total Revenue
📊
$3.0M
Total Expenses
🏦
$9.8M
Net Assets
📋
$164K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.8%
Year-over-year change (2022 → 2023)
Net Margin
+14.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.27
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,491,0691%$2,991,18210%$9,945,5734%
2022$3,518,02414%$2,726,91919%$9,578,4782%
2021$3,076,76322%$2,282,84918%$9,345,25312%
2020$2,518,0724%$1,933,5304%$8,331,11013%
2019$2,612,78017%$1,865,0986%$7,357,2538%
2018$2,235,9677%$1,757,78315%$6,816,8173%
2017$2,097,9316%$1,534,4719%$6,647,88315%
2016$1,979,3978%$1,408,8201%$5,773,0459%
2015$1,829,70411%$1,424,9656%$5,311,1416%
2014$1,644,5032%$1,517,25414%$5,019,4249%
2013$1,672,1477%$1,333,4907%$5,515,778
2012$1,565,2606%$1,243,9634%$5,511,3293%
2011$1,666,961$1,193,210$5,331,920

Frequently Asked Questions

What does Millsboro Fire Company Inc do?

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

Is Millsboro Fire Company Inc financially healthy?

Based on our 9-metric Financial Health Score model, Millsboro Fire Company Inc has a score of 90/100 (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 Millsboro Fire Company Inc generate?

Millsboro Fire Company Inc reports $3.8M in annual revenue and holds $10.8M in total assets, based on IRS filings.

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