Engine 557 Restoration Company
EIN: 462663256 · Wasilla, AK · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $238K |
| Net Assets | $237K |
Is Engine 557 Restoration Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Engine 557 Restoration Company
Engine 557 Restoration Company (EIN: 462663256) is a nonprofit organization based in Wasilla, AK, classified under NTEE code A80. The organization reported total revenue of $140K and total assets of $219K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Engine 557 Restoration Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Engine 557 Restoration Company is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $238K |
| Surplus / Deficit | $-65,713 |
| Total Assets | $238K |
| Total Liabilities | $2K |
| Net Assets | $237K |
| Operating Margin | -38.1% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2023, Engine 557 Restoration Company reported a deficit of $66K with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Engine 557 Restoration Company's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.4% | +37.3% | +5.8% |
| 2022 | -29.1% | -9.1% | +14.1% |
| 2021 | +50.0% | +30.7% | +47.1% |
| 2020 | -27.9% | -37.9% | -12.2% |
| 2019 | +102.2% | +8.7% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Engine 557 Restoration Company 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 Engine 557 Restoration Company 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Engine 557 Restoration Company
Is Engine 557 Restoration Company a legitimate charity?
Engine 557 Restoration Company (EIN: 462663256) is a registered tax-exempt nonprofit based in Alaska. It has 11 years of IRS 990 filings on record. Total revenue: $140K. No red flags identified. Financial health grade: B.
How does Engine 557 Restoration Company spend its money?
Engine 557 Restoration Company reported $140K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Engine 557 Restoration Company tax-deductible?
Engine 557 Restoration Company is registered as a tax-exempt nonprofit (EIN: 462663256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Engine 557 Restoration Company located?
Engine 557 Restoration Company is headquartered in Wasilla, Alaska and files with the IRS under EIN 462663256. It is classified under NTEE code A80.
How many years of IRS 990 filings does Engine 557 Restoration Company have?
Engine 557 Restoration Company has 11 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 $140K in total revenue.
Filing History
IRS 990 filing history for Engine 557 Restoration Company showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Engine 557 Restoration Company's revenue has grown by 131.1%, moving from $75K to $172K. Total assets increased by 2383.7% over the same period, from $10K to $238K. Total functional expenses rose by 266.4%, from $65K to $238K. In its most recent filing year (2023), Engine 557 Restoration Company reported a deficit of $66K, with expenses exceeding revenue. The organization holds $2K in liabilities against $238K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $237K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $238K | $238K | $2K | — | — |
| 2022 | $135K | $173K | $225K | $1K | — | — |
| 2021 | $191K | $191K | $198K | $0 | — | View 990 |
| 2020 | $127K | $146K | $134K | $0 | — | — |
| 2019 | $177K | $235K | $153K | $0 | — | View 990 |
| 2018 | $87K | $216K | $144K | $0 | — | View 990 |
| 2017 | $112K | $120K | $204K | $0 | — | View 990 |
| 2016 | $137K | $206K | $144K | $0 | — | View 990 |
| 2015 | $332K | $324K | $141K | $0 | — | View 990 |
| 2014 | $260K | $237K | $45K | $0 | — | View 990 |
| 2013 | $75K | $65K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $238K, and assets of $238K (revenue +27.4% year-over-year).
- 2022: Revenue of $135K, expenses of $173K, and assets of $225K (revenue -29.1% year-over-year).
- 2021: Revenue of $191K, expenses of $191K, and assets of $198K (revenue +50.0% year-over-year).
- 2020: Revenue of $127K, expenses of $146K, and assets of $134K (revenue -27.9% year-over-year).
- 2019: Revenue of $177K, expenses of $235K, and assets of $153K (revenue +102.2% year-over-year).
- 2018: Revenue of $87K, expenses of $216K, and assets of $144K (revenue -22.4% year-over-year).
- 2017: Revenue of $112K, expenses of $120K, and assets of $204K (revenue -18.1% year-over-year).
- 2016: Revenue of $137K, expenses of $206K, and assets of $144K (revenue -58.6% year-over-year).
- 2015: Revenue of $332K, expenses of $324K, and assets of $141K (revenue +27.5% year-over-year).
- 2014: Revenue of $260K, expenses of $237K, and assets of $45K (revenue +249.3% year-over-year).
- 2013: Revenue of $75K, expenses of $65K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Engine 557 Restoration Company:
Data Sources and Methodology
This transparency report for Engine 557 Restoration Company 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.