Albany Fire Department Incorporated
EIN: 411725214 · Albany, MN
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $60K |
| Net Assets | $176K |
Is Albany Fire Department Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Albany Fire Department Incorporated
Albany Fire Department Incorporated (EIN: 411725214) is a nonprofit organization based in Albany, MN. The organization reported total revenue of $3.3M and total assets of $192K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albany Fire Department Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albany Fire Department Incorporated is a mid-size nonprofit that has been operating for 61 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $60K |
| Surplus / Deficit | +$2K |
| Total Assets | $176K |
| Net Assets | $176K |
| Operating Margin | 2.9% |
| Months of Reserves | 35.1 months |
Financial Health Grade: A
In 2022, Albany Fire Department Incorporated reported a surplus of $2K with revenue exceeding expenses, holds 35.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Albany Fire Department Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +133.2% | +43.4% | +1.0% |
| 2021 | -89.7% | -82.3% | +3.3% |
| 2020 | +10.2% | +13.9% | +12.9% |
| 2019 | +30.6% | +17.1% | +19.7% |
| 2018 | +23.6% | +23.5% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Albany Fire Department Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albany Fire Department Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Albany Fire Department Incorporated
Is Albany Fire Department Incorporated a legitimate charity?
Albany Fire Department Incorporated (EIN: 411725214) is a registered tax-exempt nonprofit based in Minnesota. It has 12 years of IRS 990 filings on record. Total revenue: $3.3M. No red flags identified. Financial health grade: A.
How does Albany Fire Department Incorporated spend its money?
Albany Fire Department Incorporated reported $3.3M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Albany Fire Department Incorporated tax-deductible?
Albany Fire Department Incorporated is registered as a tax-exempt nonprofit (EIN: 411725214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Albany Fire Department Incorporated located?
Albany Fire Department Incorporated is headquartered in Albany, Minnesota and files with the IRS under EIN 411725214.
How many years of IRS 990 filings does Albany Fire Department Incorporated have?
Albany Fire Department Incorporated has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.3M in total revenue.
Filing History
IRS 990 filing history for Albany Fire Department Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Albany Fire Department Incorporated's revenue has declined by 48.4%, moving from $120K to $62K. Total assets increased by 336.4% over the same period, from $40K to $176K. Total functional expenses fell by 53.5%, from $129K to $60K. In its most recent filing year (2022), Albany Fire Department Incorporated reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $62K | $60K | $176K | $0 | — | View 990 |
| 2021 | $27K | $42K | $174K | $0 | — | View 990 |
| 2020 | $257K | $237K | $168K | $0 | — | — |
| 2019 | $233K | $208K | $149K | $383 | — | View 990 |
| 2018 | $178K | $178K | $125K | $609 | — | View 990 |
| 2017 | $144K | $144K | $124K | $611 | — | — |
| 2016 | $135K | $166K | $123K | $168 | — | View 990 |
| 2015 | $155K | $184K | $155K | $264 | — | View 990 |
| 2014 | $141K | $143K | $36K | $960 | — | View 990 |
| 2013 | $178K | $177K | $38K | $991 | — | View 990 |
| 2012 | $131K | $136K | $37K | $2K | — | View 990 |
| 2011 | $120K | $129K | $40K | $256 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $62K, expenses of $60K, and assets of $176K (revenue +133.2% year-over-year).
- 2021: Revenue of $27K, expenses of $42K, and assets of $174K (revenue -89.7% year-over-year).
- 2020: Revenue of $257K, expenses of $237K, and assets of $168K (revenue +10.2% year-over-year).
- 2019: Revenue of $233K, expenses of $208K, and assets of $149K (revenue +30.6% year-over-year).
- 2018: Revenue of $178K, expenses of $178K, and assets of $125K (revenue +23.6% year-over-year).
- 2017: Revenue of $144K, expenses of $144K, and assets of $124K (revenue +7.1% year-over-year).
- 2016: Revenue of $135K, expenses of $166K, and assets of $123K (revenue -13.2% year-over-year).
- 2015: Revenue of $155K, expenses of $184K, and assets of $155K (revenue +9.8% year-over-year).
- 2014: Revenue of $141K, expenses of $143K, and assets of $36K (revenue -20.8% year-over-year).
- 2013: Revenue of $178K, expenses of $177K, and assets of $38K (revenue +36.0% year-over-year).
- 2012: Revenue of $131K, expenses of $136K, and assets of $37K (revenue +9.2% year-over-year).
- 2011: Revenue of $120K, expenses of $129K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albany Fire Department Incorporated:
Data Sources and Methodology
This transparency report for Albany Fire Department Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.