Greenwood Volunteer Fire Company No 1 of Greenwood Delaware is a 501(c)(3) organization based in Greenwood, Delaware, registered in 1988, with $1,879,719 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.9M
▲ 6.2% vs prior year
Public Safety median: $166K
Expenses (FY2024)
$1.5M
Net assets
$5.6M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Greenwood Volunteer Fire Company No 1 of Greenwood Delaware— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Greenwood Volunteer Fire Company No 1 of Greenwood Delaware: 44 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Greenwood Volunteer Fire Company No 1 of Greenwood Delaware— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Greenwood Volunteer Fire Company No 1 of Greenwood Delaware: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $931K (FY2013) to $1.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
19.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.0M
Total liabilities
$453K
Net assets
$5.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,879,719▲6.2% | $1,520,605▼2.9% | $5,571,858▲6.9% | $6,024,447▲4.1% | 990 |
| 2023 | $1,769,624▲29.0% | $1,565,765▲21.5% | $5,212,744▲4.1% | $5,786,118▲11.0% | 990 |
| 2022 | $1,371,537▼19.1% | $1,288,993▲5.4% | $5,008,885▲1.7% | $5,214,564▼1.1% | 990 |
| 2021 | $1,696,154▲39.9% | $1,222,773▲14.0% | $4,926,341▲10.6% | $5,270,403▲3.0% | 990 |
| 2020 | $1,212,790▼26.8% | $1,072,298▲1.5% | $4,452,960▲3.3% | $5,119,135▲2.4% | 990 |
| 2019 | $1,655,886▲34.8% | $1,056,547▼2.6% | $4,312,468▲16.1% | $5,000,340▲9.1% | 990 |
| 2018 | $1,228,193▲14.0% | $1,084,363▲6.9% | $3,713,129▲4.0% | $4,581,334▼0.7% | 990 |
| 2017 | $1,076,927▲0.6% | $1,014,467▼5.2% | $3,569,299▲1.8% | $4,612,654▼3.1% | 990 |
| 2016 | $1,070,704▲1.7% | $1,070,646▲9.1% | $3,506,839 | $4,759,109▼4.8% | 990 |
| 2015 | $1,053,236▼3.9% | $981,265▼0.7% | $3,506,781▲2.1% | $4,996,598▼3.2% | 990 |
| 2014 | $1,096,310▲17.8% | $987,827▲9.8% | $3,434,810▲3.3% | $5,159,592▲10.1% | 990 |
| 2013 | $930,853 | $899,413▼4.4% | $3,326,327▲1.0% | $4,684,458▲0.8% | 990 |
| 2012 | — | $941,227▲9.3% | $3,294,887▼0.3% | $4,646,990▲3.0% | 990 |
| 2011 | — | $860,870 | $3,304,837 | $4,513,224 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Greenwood Volunteer Fire Company No 1 of Greenwood Delaware totaling $280K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delaware Electric Cooperative Inc | Charitable | 2024 | $20,000 |
| Delaware Electric Cooperative Inc | Charitable | 2023 | $10,000 |
| Delaware Community Foundation | Restricted support for the purchase of new ambulance. | 2020 | $250,000 |
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Data for Greenwood Volunteer Fire Company No 1 of Greenwood Delaware (EIN 51-0208938) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.