Fairfield Hose Company
EIN: 251213447 · Erie, PA · NTEE: E63Z
| Metric | Value |
|---|---|
| Total Revenue | $873K |
| Total Expenses | $308K |
| Net Assets | $652K |
Is Fairfield Hose Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairfield Hose Company
Fairfield Hose Company (EIN: 251213447) is a nonprofit organization based in Erie, PA, classified under NTEE code E63Z. The organization reported total revenue of $873K and total assets of $984K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairfield Hose Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairfield Hose Company is a small nonprofit that has been operating for 38 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $873K |
| Total Expenses | $308K |
| Surplus / Deficit | +$565K |
| Total Assets | $984K |
| Total Liabilities | $333K |
| Net Assets | $652K |
| Operating Margin | 64.7% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 38.4 months |
Financial Health Grade: A
In 2022, Fairfield Hose Company reported a surplus of $565K with revenue exceeding expenses, holds 38.4 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Fairfield Hose Company's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +212.9% | +21.9% | +93.8% |
| 2021 | -28.1% | -22.0% | -2.0% |
| 2020 | +16.6% | -0.3% | +3.5% |
| 2019 | +30.3% | +36.2% | +4.3% |
| 2018 | -2.6% | -5.1% | -10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fairfield Hose 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 Fairfield Hose 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $565K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.8%.
Frequently Asked Questions about Fairfield Hose Company
Is Fairfield Hose Company a legitimate charity?
Fairfield Hose Company (EIN: 251213447) is a registered tax-exempt nonprofit based in Pennsylvania. It has 12 years of IRS 990 filings on record. Total revenue: $873K. No red flags identified. Financial health grade: A.
How does Fairfield Hose Company spend its money?
Fairfield Hose Company reported $873K 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 Fairfield Hose Company tax-deductible?
Fairfield Hose Company is registered as a tax-exempt nonprofit (EIN: 251213447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairfield Hose Company located?
Fairfield Hose Company is headquartered in Erie, Pennsylvania and files with the IRS under EIN 251213447. It is classified under NTEE code E63Z.
How many years of IRS 990 filings does Fairfield Hose Company have?
Fairfield Hose Company 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 $873K in total revenue.
Filing History
IRS 990 filing history for Fairfield Hose Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Fairfield Hose Company's revenue has grown by 627.1%, moving from $120K to $873K. Total assets increased by 88.9% over the same period, from $521K to $984K. Total functional expenses rose by 76.4%, from $175K to $308K. In its most recent filing year (2022), Fairfield Hose Company reported a surplus of $565K, with revenue exceeding expenses. The organization holds $333K in liabilities against $984K in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $652K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $873K | $308K | $984K | $333K | — | View 990 |
| 2021 | $279K | $253K | $508K | $422K | — | View 990 |
| 2020 | $388K | $324K | $518K | $459K | — | View 990 |
| 2019 | $333K | $325K | $501K | $459K | — | View 990 |
| 2018 | $256K | $239K | $480K | $447K | — | View 990 |
| 2017 | $263K | $252K | $538K | $355K | — | View 990 |
| 2016 | $215K | $204K | $672K | $385K | — | View 990 |
| 2015 | $192K | $182K | $617K | $341K | — | View 990 |
| 2014 | $189K | $179K | $440K | $174K | — | View 990 |
| 2013 | $171K | $170K | $456K | $192K | — | View 990 |
| 2012 | $128K | $161K | $498K | $229K | — | View 990 |
| 2011 | $120K | $175K | $521K | $218K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $873K, expenses of $308K, and assets of $984K (revenue +212.9% year-over-year).
- 2021: Revenue of $279K, expenses of $253K, and assets of $508K (revenue -28.1% year-over-year).
- 2020: Revenue of $388K, expenses of $324K, and assets of $518K (revenue +16.6% year-over-year).
- 2019: Revenue of $333K, expenses of $325K, and assets of $501K (revenue +30.3% year-over-year).
- 2018: Revenue of $256K, expenses of $239K, and assets of $480K (revenue -2.6% year-over-year).
- 2017: Revenue of $263K, expenses of $252K, and assets of $538K (revenue +22.0% year-over-year).
- 2016: Revenue of $215K, expenses of $204K, and assets of $672K (revenue +11.9% year-over-year).
- 2015: Revenue of $192K, expenses of $182K, and assets of $617K (revenue +2.0% year-over-year).
- 2014: Revenue of $189K, expenses of $179K, and assets of $440K (revenue +10.1% year-over-year).
- 2013: Revenue of $171K, expenses of $170K, and assets of $456K (revenue +33.7% year-over-year).
- 2012: Revenue of $128K, expenses of $161K, and assets of $498K (revenue +6.7% year-over-year).
- 2011: Revenue of $120K, expenses of $175K, and assets of $521K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairfield Hose Company:
Data Sources and Methodology
This transparency report for Fairfield Hose 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.