Otway Volunteer Fire & Rescue Department Inc is a 501(c)(4) organization based in Beaufort, North Carolina, registered in 2022, with $1,075,064 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.1M
▼ 9.5% vs prior year
Expenses (FY2024)
$1.0M
Net assets
$584K
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 Otway Volunteer 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 Otway Volunteer Fire & Rescue Department Inc: 7 mo reserves · +5% 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 Otway Volunteer 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 Otway Volunteer 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 $576K (FY2013) to $1.1M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
5.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$913K
Total liabilities
$328K
Net assets
$584K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,075,064▼9.5% | $1,018,416▲5.2% | $584,484▲10.7% | $912,966▼1.2% | 990 |
| 2023 | $1,187,708▲17.6% | $968,427▲24.6% | $527,836▲64.3% | $924,242▲21.3% | 990 |
| 2022 | $1,010,332▲22.4% | $777,418▼2.9% | $321,293▲264% | $761,915▲26.4% | 990 |
| 2021 | $825,408▲2.2% | $800,493▼12.7% | $88,379▲39.3% | $602,947▼10.2% | 990 |
| 2020 | $807,481▲26.8% | $916,978▲50.3% | $63,464▼80.7% | $671,393▼26.7% | 990 |
| 2015 | $636,939▲5.0% | $610,104▲6.5% | $328,832▲8.9% | $915,957▲49.9% | 990 |
| 2014 | $606,358▲5.2% | $573,103▼2.8% | $301,997▲12.4% | $611,173▼1.5% | 990 |
| 2013 | $576,170 | $589,330▼6.7% | $268,742▼4.7% | $620,699▼6.5% | 990 |
| 2012 | — | $631,578▲15.0% | $281,902▼78.0% | $663,830▼50.6% | 990 |
| 2011 | — | $549,000 | $1,282,194 | $1,343,388 | 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 Otway Volunteer Fire & Rescue Department Inc (EIN 56-1616900) 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.