MPublic Safety, Disaster Preparedness & ReliefEIN: 561389507· Ruling Year: 2005

Lake Norman Volunteer Fire Dept

Mooresville, North Carolina

BHealth Score
61B

Financial Health Score

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

Above Average

💰
$1.5M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$2.8M
Net Assets
📋
$888K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.7%
Year-over-year change (2023 → 2024)
Net Margin
+6.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.01
Net assets divided by total expenses
Liabilities-to-Assets
24.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2024$1,482,4867%$1,391,5557%$3,687,3881%
2023$1,388,77443%$1,489,9565%$3,729,7174%
2022$970,6146%$1,575,82524%$3,889,4288%
2020$913,2633%$1,266,66412%$3,592,8549%
2019$941,8721%$1,131,394$3,946,2559%
2018$950,8751%$1,128,7455%$4,357,3285%
2017$955,93810%$1,075,03219%$4,605,4483%
2016$871,35923%$903,4743%$4,729,5202%
2015$1,127,8542%$933,4418%$4,625,6261%
2014$1,100,43610%$862,78922%$4,563,8657%
2013$1,217,65017%$708,8756%$4,904,2844%
2012$1,038,514$668,449$4,703,666

Frequently Asked Questions

What does Lake Norman Volunteer Fire Dept do?

Lake Norman Volunteer Fire 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 Lake Norman Volunteer Fire Dept financially healthy?

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

How much revenue does Lake Norman Volunteer Fire Dept generate?

Lake Norman Volunteer Fire Dept reports $1.3M in annual revenue and holds $3.5M in total assets, based on IRS filings.

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