Sugar Hill-montford Cove Volunteer Fire Department Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Sugar Hill-montford Cove Volunteer Fire Department Inc is a 501(c)(3) organization based in Marion, North Carolina, registered in 1989, with $840,179 in FY2024 revenue. CharityIndex grades it C+.
8900 Old Fort Sugar Hill Rd, Marion, NC, 28752 EIN 56-1405439 Since 1989
Revenue (FY2024)
$840K
▲ 38.0% vs prior year
Expenses (FY2024)
$473K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Sugar Hill-montford Cove Volunteer Fire 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 →
AFinancial health25% of the rating36 mo reserves · +44% 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 Sugar Hill-montford Cove Volunteer Fire Department Inc: 36 mo reserves · +44% 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 Sugar Hill-montford Cove Volunteer Fire 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 →
DTransparency10% of the rating1 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 Sugar Hill-montford Cove Volunteer Fire Department Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8900 Old Fort Sugar Hill Rd, Marion, NC, 28752
- City
- Marion
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $213K (FY2014) to $840K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.5MNet assets $1.4M
Operating margin
43.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$1.5M
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $840,179▲38.0% | $473,484▼14.1% | $1,427,690▲34.6% | $2,916,542▲11.9% | 990 |
| 2023 | $608,849▲24.3% | $550,996▲32.3% | $1,060,995▲5.8% | $2,607,391▲111% | 990 |
| 2022 | $489,959▼64.5% | $416,426▼69.3% | $1,003,142▲7.9% | $1,237,903▼0.4% | 990 |
| 2021 | $1,378,882▲264% | $1,356,190▲400% | $929,609▲2.5% | $1,242,505▲4.5% | 990 |
| 2020 | $378,884▼36.3% | $271,231▼34.1% | $906,917▲13.5% | $1,188,762▼1.5% | 990 |
| 2019 | $594,780▲51.1% | $411,465▲115% | $799,264▲29.8% | $1,207,318▲14.7% | 990 |
| 2018 | $393,518▲90.5% | $191,197▲36.7% | $615,949▲48.9% | $1,052,193▲97.1% | 990 |
| 2017 | $206,527▲46.2% | $139,840▲58.4% | $413,628▲19.2% | $533,880▲3.1% | 990 |
| 2016 | $141,222▲1.3% | $88,261▼14.6% | $346,941▲18.0% | $517,941▲0.2% | 990 |
| 2015 | $139,425▼34.4% | $103,382▼17.4% | $293,980▲14.0% | $516,980▼0.9% | 990 |
| 2014 | $212,553 | $125,136 | $257,937 | $521,596 | 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.
Frequently asked questions
- Is Sugar Hill-montford Cove Volunteer Fire Department Inc a legitimate nonprofit?
- Yes. Sugar Hill-montford Cove Volunteer Fire Department Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1405439, based in Marion, North Carolina. Donations are tax-deductible.
- What is Sugar Hill-montford Cove Volunteer Fire Department Inc's EIN?
- Sugar Hill-montford Cove Volunteer Fire Department Inc's Employer Identification Number (EIN) is 56-1405439.
- How much revenue does Sugar Hill-montford Cove Volunteer Fire Department Inc report?
- Sugar Hill-montford Cove Volunteer Fire Department Inc reported $840,179 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sugar Hill-montford Cove Volunteer Fire Department Inc have?
- CharityIndex grades Sugar Hill-montford Cove Volunteer Fire Department Inc C+, based on financial health (reserves and operating margin).
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Data for Sugar Hill-montford Cove Volunteer Fire Department Inc (EIN 56-1405439) 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.