Baltic Fire Engine Company No I Inc
EIN: 61466587 · Baltic, CT · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $73K |
| Total Expenses | $89K |
| Net Assets | $179K |
Is Baltic Fire Engine Company No I Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Baltic Fire Engine Company No I Inc
Baltic Fire Engine Company No I Inc (EIN: 61466587) is a nonprofit organization based in Baltic, CT, classified under NTEE code M24. The organization reported total revenue of $73K and total assets of $184K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baltic Fire Engine Company No I Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baltic Fire Engine Company No I Inc is a micro nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $89K |
| Surplus / Deficit | $-12,999 |
| Total Assets | $179K |
| Net Assets | $179K |
| Operating Margin | -17.2% |
| Months of Reserves | 24.2 months |
Financial Health Grade: B
In 2024, Baltic Fire Engine Company No I Inc reported a deficit of $13K with expenses exceeding revenue, holds 24.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Baltic Fire Engine Company No I Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +22.0% | +15.3% | -6.8% |
| 2023 | -7.8% | -4.3% | -7.2% |
| 2022 | -27.3% | +24.3% | -6.0% |
| 2021 | +26.3% | -22.5% | +14.5% |
| 2020 | +18.1% | +35.3% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1600 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Baltic Fire Engine Company No I Inc 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 Baltic Fire Engine Company No I Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Frequently Asked Questions about Baltic Fire Engine Company No I Inc
Is Baltic Fire Engine Company No I Inc a legitimate charity?
Baltic Fire Engine Company No I Inc (EIN: 61466587) is a registered tax-exempt nonprofit based in Connecticut. It has 14 years of IRS 990 filings on record. Total revenue: $73K. No red flags identified. Financial health grade: B.
How does Baltic Fire Engine Company No I Inc spend its money?
Baltic Fire Engine Company No I Inc reported $73K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Baltic Fire Engine Company No I Inc tax-deductible?
Baltic Fire Engine Company No I Inc is registered as a tax-exempt nonprofit (EIN: 61466587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Baltic Fire Engine Company No I Inc located?
Baltic Fire Engine Company No I Inc is headquartered in Baltic, Connecticut and files with the IRS under EIN 61466587. It is classified under NTEE code M24.
How many years of IRS 990 filings does Baltic Fire Engine Company No I Inc have?
Baltic Fire Engine Company No I Inc has 14 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 $73K in total revenue.
Filing History
IRS 990 filing history for Baltic Fire Engine Company No I Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Baltic Fire Engine Company No I Inc's revenue has declined by 15.9%, moving from $90K to $76K. Total assets decreased by 13.6% over the same period, from $207K to $179K. Total functional expenses rose by 13.1%, from $78K to $89K. In its most recent filing year (2024), Baltic Fire Engine Company No I Inc reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $76K | $89K | $179K | $0 | — | — |
| 2023 | $62K | $77K | $192K | $0 | — | View 990 |
| 2022 | $67K | $80K | $207K | $0 | — | — |
| 2021 | $93K | $65K | $220K | $0 | — | — |
| 2020 | $73K | $83K | $192K | $0 | — | View 990 |
| 2019 | $62K | $62K | $202K | $0 | — | View 990 |
| 2018 | $87K | $95K | $202K | $0 | — | View 990 |
| 2017 | $109K | $97K | $210K | $0 | — | View 990 |
| 2016 | $101K | $107K | $197K | $0 | — | View 990 |
| 2015 | $165K | $142K | $204K | $0 | — | View 990 |
| 2014 | $94K | $106K | $181K | $0 | — | View 990 |
| 2013 | $85K | $98K | $193K | $0 | — | View 990 |
| 2012 | $92K | $93K | $206K | $0 | — | View 990 |
| 2011 | $90K | $78K | $207K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $76K, expenses of $89K, and assets of $179K (revenue +22.0% year-over-year).
- 2023: Revenue of $62K, expenses of $77K, and assets of $192K (revenue -7.8% year-over-year).
- 2022: Revenue of $67K, expenses of $80K, and assets of $207K (revenue -27.3% year-over-year).
- 2021: Revenue of $93K, expenses of $65K, and assets of $220K (revenue +26.3% year-over-year).
- 2020: Revenue of $73K, expenses of $83K, and assets of $192K (revenue +18.1% year-over-year).
- 2019: Revenue of $62K, expenses of $62K, and assets of $202K (revenue -29.0% year-over-year).
- 2018: Revenue of $87K, expenses of $95K, and assets of $202K (revenue -19.9% year-over-year).
- 2017: Revenue of $109K, expenses of $97K, and assets of $210K (revenue +8.2% year-over-year).
- 2016: Revenue of $101K, expenses of $107K, and assets of $197K (revenue -38.8% year-over-year).
- 2015: Revenue of $165K, expenses of $142K, and assets of $204K (revenue +74.8% year-over-year).
- 2014: Revenue of $94K, expenses of $106K, and assets of $181K (revenue +10.7% year-over-year).
- 2013: Revenue of $85K, expenses of $98K, and assets of $193K (revenue -7.0% year-over-year).
- 2012: Revenue of $92K, expenses of $93K, and assets of $206K (revenue +1.9% year-over-year).
- 2011: Revenue of $90K, expenses of $78K, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baltic Fire Engine Company No I Inc:
Data Sources and Methodology
This transparency report for Baltic Fire Engine Company No I Inc 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.