Midway Fire & Rescue Department Inc is a 501(c)(3) organization based in Lexington, North Carolina, registered in 2002, with $1,608,339 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.6M
▲ 11.1% vs prior year
Public Safety median: $166K
Expenses (FY2024)
$1.4M
Net assets
$1.1M
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 Midway Fire & Rescue Department Inc— 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 Midway Fire & Rescue Department Inc: 10 mo reserves · +11% 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 Midway Fire & Rescue Department Inc— 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 Midway Fire & Rescue Department Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $969K (FY2015) to $1.6M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$731K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,608,339▲11.1% | $1,424,454▲8.1% | $1,139,172▲19.2% | $1,869,794▲1.5% | 990 |
| 2023 | $1,447,334▲16.9% | $1,317,143▲14.4% | $955,287▲15.8% | $1,842,318▲0.9% | 990 |
| 2022 | $1,238,448▲9.1% | $1,151,323▲3.9% | $825,096▲11.8% | $1,825,537▼2.5% | 990 |
| 2021 | $1,135,226▲10.2% | $1,107,862▲0.1% | $737,971▲3.9% | $1,872,391▲7.2% | 990 |
| 2020 | $1,030,326▼15.6% | $1,106,583▲8.9% | $710,608▼9.7% | $1,746,846▲53.4% | 990 |
| 2019 | $1,221,153▲19.3% | $1,016,562▲4.0% | $786,865▲35.1% | $1,139,081▲12.6% | 990 |
| 2018 | $1,023,474▲1.3% | $977,576▼6.1% | $582,274▲8.6% | $1,011,741▼2.8% | 990 |
| 2017 | $1,010,683▼4.8% | $1,041,071▲12.7% | $536,376▼5.4% | $1,041,102▼9.1% | 990 |
| 2016 | $1,061,840▲9.6% | $923,626▼13.1% | $566,764▲32.3% | $1,144,897▲6.2% | 990 |
| 2015 | $968,912 | $1,062,441 | $428,550 | $1,077,957 | 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.
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Data for Midway Fire & Rescue Department Inc (EIN 56-1291353) 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.