MPublic Safety, Disaster Preparedness & ReliefEIN: 526074931· Ruling Year: 1991

Hereford Volunteer Fire Company Inc

Monkton, Maryland

A-Health Score
84A-

Financial Health Score

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

Very Good

💰
$974K
Total Revenue
📊
$289K
Total Expenses
🏦
$6.6M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+150.6%
Year-over-year change (2022 → 2023)
Net Margin
+70.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
22.75
Net assets divided by total expenses
Liabilities-to-Assets
15.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$974,081151%$288,77112%$7,779,4847%
2022$388,63741%$327,01439%$7,273,8071%
2021$663,03516%$235,03316%$7,236,7225%
2020$572,93015%$279,32547%$6,865,4343%
2019$676,45547%$527,281114%$6,661,1981%
2018$460,08823%$245,9343%$6,595,4842%
2017$594,46257%$254,47516%$6,475,3554%
2016$378,2996%$219,1094%$6,217,7454%
2014$401,90018%$211,65011%$5,950,5392%
2013$487,6249%$237,7783%$5,838,0313%
2012$447,80824%$245,637$5,678,2492%
2011$362,110$244,973$5,542,461

Frequently Asked Questions

What does Hereford Volunteer Fire Company Inc do?

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

Is Hereford Volunteer Fire Company Inc financially healthy?

Based on our 9-metric Financial Health Score model, Hereford Volunteer Fire Company Inc has a score of 84/100 (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 Hereford Volunteer Fire Company Inc generate?

Hereford Volunteer Fire Company Inc reports $663K in annual revenue and holds $7.9M in total assets, based on IRS filings.

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