M โ€” Public Safety, Disaster Preparedness & ReliefEIN: 550662946ยท Ruling Year: 1997

Cheat Lake Volunteer Fire Department Inc

Morgantown, West Virginia

B+Health Score
74B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$296K
Total Revenue
๐Ÿ“Š
$278K
Total Expenses
๐Ÿฆ
$1.6M
Net Assets
๐Ÿ“‹
$282K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+31.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+5.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.73
Net assets divided by total expenses
Liabilities-to-Assets
15.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$295,619โ†‘32%$278,072โ†‘29%$1,875,209โ†“2%
2022$224,415โ†‘4%$215,534โ†‘8%$1,907,327โ†“2%
2021$215,264โ†“32%$199,733โ†‘27%$1,947,349โ†‘17%
2020$315,182โ†‘11%$157,249$1,670,067โ†‘20%
2019$283,431โ†‘6%$156,915โ†“4%$1,393,134โ†“1%
2018$267,312โ†‘5%$163,778โ†“17%$1,403,615โ†‘3%
2017$254,105โ†‘23%$198,485โ†‘4%$1,360,515
2016$207,248โ†‘3%$190,532โ†‘11%$1,366,685โ†“3%
2015$200,463โ†‘9%$171,136โ†‘4%$1,405,822โ†“5%
2014$184,358โ†‘4%$164,575โ†“5%$1,474,630โ†“1%
2013$178,067โ†‘18%$173,476โ†‘3%$1,491,861โ†“3%
2012$150,884โ†“14%$168,838โ†“1%$1,531,118โ†“4%
2011$175,315$171,090$1,590,355

Frequently Asked Questions

What does Cheat Lake Volunteer Fire Department Inc do?โ–ผ

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

Is Cheat Lake Volunteer Fire Department Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Cheat Lake Volunteer Fire Department Inc.

How much revenue does Cheat Lake Volunteer Fire Department Inc generate?โ–ผ

Cheat Lake Volunteer Fire Department Inc reports $381K in annual revenue and holds $1.8M in total assets, based on IRS filings.

Cheat Lake Volunteer Fire Department Inc โ€” Morgantown, WV | GiveScope