M โ€” Public Safety, Disaster Preparedness & ReliefEIN: 550701751ยท Ruling Year: 2008

Folsom Volunteer Fire Dept I

Folsom, West Virginia

BHealth Score
59B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$1.1M
Total Revenue
๐Ÿ“Š
$727K
Total Expenses
๐Ÿฆ
$512K
Net Assets
๐Ÿ“‹
$781K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+94.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+31.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
60.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,059,253โ†‘94%$727,296โ†‘32%$1,292,631โ†‘49%
2022$545,157โ†‘14%$550,752โ†“1%$867,185โ†“4%
2021$476,380โ†‘21%$555,558โ†‘19%$901,698โ†“7%
2020$393,074โ†‘28%$465,287โ†‘25%$972,006โ†‘10%
2019$306,183โ†“26%$371,020โ†‘13%$886,206โ†‘3%
2018$411,514โ†‘23%$327,727โ†“9%$860,937โ†‘12%
2017$333,698โ†“35%$359,548โ†‘39%$766,398โ†“6%
2016$515,977โ†‘218%$258,592โ†‘38%$815,702โ†‘44%
2015$162,308โ†‘13%$186,982โ†“5%$566,238โ†“4%
2014$144,209โ†“13%$195,813$588,726โ†“12%
2013$165,489โ†‘8%$196,480โ†‘12%$668,449โ†‘15%
2012$153,200โ†“54%$175,938โ†‘26%$579,980โ†“5%
2011$333,756$139,176$610,559

Frequently Asked Questions

What does Folsom Volunteer Fire Dept I do?โ–ผ

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

Is Folsom Volunteer Fire Dept I financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Folsom Volunteer Fire Dept I.

How much revenue does Folsom Volunteer Fire Dept I generate?โ–ผ

Folsom Volunteer Fire Dept I reports $585K in annual revenue and holds $1.2M in total assets, based on IRS filings.

Folsom Volunteer Fire Dept I โ€” Folsom, WV | GiveScope