M โ€” Public Safety, Disaster Preparedness & ReliefEIN: 510229597ยท Ruling Year: 1986

Laurel Fire Department Inc

Laurel, Delaware

AHealth Score
86A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$2.4M
Total Revenue
๐Ÿ“Š
$1.7M
Total Expenses
๐Ÿฆ
$4.3M
Net Assets
๐Ÿ“‹
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.1%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+30.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.55
Net assets divided by total expenses
Liabilities-to-Assets
24.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$2,444,160โ†‘24%$1,703,141โ†‘4%$5,752,622โ†‘20%
2023$1,969,718โ†‘18%$1,644,530โ†‘8%$4,804,334โ†‘2%
2022$1,664,770โ†“4%$1,518,767โ†‘2%$4,710,246โ†“2%
2021$1,742,716โ†‘14%$1,484,315โ†“1%$4,805,878โ†“2%
2020$1,535,357โ†‘6%$1,497,215โ†‘6%$4,928,775โ†“3%
2019$1,447,299$1,406,399โ†‘15%$5,097,141โ†‘10%
2018$1,447,321โ†‘7%$1,219,876โ†“7%$4,629,263โ†“1%
2017$1,356,457โ†‘4%$1,306,179โ†‘5%$4,694,700โ†“4%
2016$1,308,042โ†‘7%$1,242,356โ†“2%$4,898,334โ†“4%
2015$1,217,278โ†“2%$1,263,725$5,094,890โ†“5%
2014$1,244,421โ†‘9%$1,269,945โ†‘1%$5,344,458โ†“4%
2013$1,143,105โ†‘8%$1,251,431โ†‘11%$5,545,807โ†‘3%
2012$1,054,354$1,123,339$5,404,017

Frequently Asked Questions

What does Laurel Fire Department Inc do?โ–ผ

Laurel Fire Department Inc is a public safety, disaster preparedness & relief nonprofit organization based in Delaware. It is classified under NTEE code M24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Laurel Fire Department Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Laurel Fire Department Inc has a score of 86/100 (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 Laurel Fire Department Inc generate?โ–ผ

Laurel Fire Department Inc reports $2.5M in annual revenue and holds $6.0M in total assets, based on IRS filings.

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Laurel Fire Department Inc โ€” Laurel, DE | GiveScope