M — Public Safety, Disaster Preparedness & ReliefEIN: 550701751· 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

💰
$1.1M
Total Revenue
📊
$727K
Total Expenses
🏦
$512K
Net Assets
📋
$781K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+94.3%
Year-over-year change (2022 → 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$1,059,253↑94%$727,296↑32%$1,292,631↑49%
2022$545,157↑14%$550,752↓1%$867,185↓4%
2021$476,380↑21%$555,558↑19%$901,698↓7%
2020$393,074↑28%$465,287↑25%$972,006↑10%
2019$306,183↓26%$371,020↑13%$886,206↑3%
2018$411,514↑23%$327,727↓9%$860,937↑12%
2017$333,698↓35%$359,548↑39%$766,398↓6%
2016$515,977↑218%$258,592↑38%$815,702↑44%
2015$162,308↑13%$186,982↓5%$566,238↓4%
2014$144,209↓13%$195,813$588,726↓12%
2013$165,489↑8%$196,480↑12%$668,449↑15%
2012$153,200↓54%$175,938↑26%$579,980↓5%
2011$333,756$139,176$610,559

Frequently Asked Questions

What does Folsom Volunteer Fire Dept I do?▼

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?▼

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?▼

Folsom Volunteer Fire Dept I reports $576K in annual revenue and holds $966K in total assets, based on IRS filings.

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