M — Public Safety, Disaster Preparedness & ReliefEIN: 561240856· Ruling Year: 2009

Bakers Volunteer Fire & Rescue Dept

Monroe, North Carolina

A-Health Score
80A-

Financial Health Score

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

Very Good

💰
$2.1M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$5.2M
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.6%
Year-over-year change (2023 → 2024)
Net Margin
+19.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.02
Net assets divided by total expenses
Liabilities-to-Assets
34.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$2,109,182↑14%$1,704,036↑30%$7,882,916↑7%
2023$1,856,358↑28%$1,310,601↑9%$7,381,721↑4%
2022$1,450,992↑23%$1,201,754↑25%$7,069,926↑13%
2021$1,175,348↓2%$960,761↑10%$6,283,277↑1%
2020$1,193,999↑46%$874,106↑28%$6,191,330↑3%
2019$818,038↑6%$684,660↑16%$5,989,372
2018$772,357↑29%$589,411↓3%$5,969,403↑1%
2017$596,953$608,089↑1%$5,895,515↓2%
2016$598,548↑3%$602,625↑64%$6,011,525↓2%
2015$581,709↑10%$368,174↓1%$6,116,452↑57%
2014$529,336↑15%$373,550↓4%$3,905,369↑14%
2013$459,515↓3%$389,426↑13%$3,425,758
2012$472,092$343,479$3,410,812

Frequently Asked Questions

What does Bakers Volunteer Fire & Rescue Dept do?▼

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

Is Bakers Volunteer Fire & Rescue Dept financially healthy?▼

Based on our 9-metric Financial Health Score model, Bakers Volunteer Fire & Rescue Dept has a score of 80/100 (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 Bakers Volunteer Fire & Rescue Dept generate?▼

Bakers Volunteer Fire & Rescue Dept reports $2.2M in annual revenue and holds $7.9M in total assets, based on IRS filings.

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