Minquas Fire Company 2 Inc
Only null% goes to programs Strong reserves Growing revenue
Minquas Fire Company 2 Inc is a 501(c)(3) organization based in Downingtown, Pennsylvania, registered in 2012, with $4,874,491 in FY2024 revenue. CharityIndex grades it B.
141 Wallace Ave, Downingtown, PA, 19335 EIN 23-0534530 Since 2012
Revenue (FY2024)
$4.9M
▲ 41.5% vs prior year
Public Safety median: $166K
Expenses (FY2024)
$3.7M
Net assets
$3.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Minquas Fire Company 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +24% margin
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 Minquas Fire Company 2 Inc: 12 mo reserves · +24% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Minquas Fire Company 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Minquas Fire Company 2 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 141 Wallace Ave, Downingtown, PA, 19335
- City
- Downingtown
- State
- Pennsylvania
- Subcategory
- Disaster Preparedness & Relief
- Website
- …
Financial trends
Revenue grew from $1.0M (FY2013) to $4.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $563KNet assets $3.7M
Operating margin
23.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$563K
Net assets
$3.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,874,491▲41.5% | $3,709,870▼0.5% | $3,684,891▲46.7% | $4,247,766▲26.6% | 990 |
| 2023 | $3,445,585▲60.0% | $3,728,120▲58.2% | $2,512,502▼15.3% | $3,354,238▲2.3% | 990 |
| 2022 | $2,153,012▲32.2% | $2,357,178▲48.7% | $2,967,972▼15.9% | $3,279,938▼8.9% | 990 |
| 2021 | $1,628,635▲7.9% | $1,585,648▼3.1% | $3,527,624▲1.6% | $3,600,034▼0.9% | 990 |
| 2020 | $1,508,912▼5.6% | $1,635,616▼0.8% | $3,471,647▼7.0% | $3,631,349▼6.6% | 990 |
| 2019 | $1,598,729▲29.8% | $1,648,002▲33.7% | $3,732,072▼4.1% | $3,886,793▼0.2% | 990 |
| 2018 | $1,231,321▼3.5% | $1,232,741▲0.5% | $3,890,388 | $3,894,597 | 990 |
| 2017 | $1,276,383▲7.3% | $1,226,145▼0.2% | $3,891,808▲1.3% | $3,896,017▲1.3% | 990 |
| 2016 | $1,190,023▲4.7% | $1,228,570▼3.7% | $3,841,570▼1.0% | $3,844,950▼1.0% | 990 |
| 2015 | $1,136,550▼15.9% | $1,275,672▲11.7% | $3,880,117▼3.5% | $3,883,246▼3.5% | 990 |
| 2014 | $1,350,845▲32.4% | $1,141,700▼1.4% | $4,019,239▲5.5% | $4,022,057▲5.6% | 990 |
| 2013 | $1,020,213 | $1,157,469▲1.1% | $3,810,094▲4.7% | $3,810,094▲4.7% | 990 |
| 2012 | — | $1,145,234 | $3,640,170 | $3,640,172 | 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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Frequently asked questions
- Is Minquas Fire Company 2 Inc a legitimate nonprofit?
- Yes. Minquas Fire Company 2 Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-0534530, based in Downingtown, Pennsylvania. Donations are tax-deductible.
- What is Minquas Fire Company 2 Inc's EIN?
- Minquas Fire Company 2 Inc's Employer Identification Number (EIN) is 23-0534530.
- How much revenue does Minquas Fire Company 2 Inc report?
- Minquas Fire Company 2 Inc reported $4,874,491 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Minquas Fire Company 2 Inc have?
- CharityIndex grades Minquas Fire Company 2 Inc B, based on financial health (reserves and operating margin).
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Data for Minquas Fire Company 2 Inc (EIN 23-0534530) 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.