MPublic Safety, Disaster Preparedness & ReliefEIN: 561397478· Ruling Year: 2022

Salem Fire & Rescue Protection Association

Morganton, North Carolina

BHealth Score
59B

Financial Health Score

Provisional

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

Above Average

💰
$571K
Total Revenue
📊
$397K
Total Expenses
🏦
$1.6M
Net Assets
📋
$2K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+53.8%
Year-over-year change (2022 → 2023)
Net Margin
+30.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.06
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$570,77654%$397,31628%$1,615,04712%
2022$371,118$309,949$1,441,935

Frequently Asked Questions

What does Salem Fire & Rescue Protection Association do?

Salem Fire & Rescue Protection Association 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 Salem Fire & Rescue Protection Association financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Salem Fire & Rescue Protection Association.

How much revenue does Salem Fire & Rescue Protection Association generate?

Salem Fire & Rescue Protection Association reports $925K in annual revenue and holds $4.8M in total assets, based on IRS filings.

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