Firefighter Realty Corp
Firefighter Realty Corp shows consistent revenue and asset growth with low reported expenses and no officer compensation.
EIN: 133616308 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $797K |
| Program Spending | 70% |
| Net Assets | $10.8M |
| Transparency Score | 75/100 |
Is Firefighter Realty Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Firefighter Realty Corp directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Firefighter Realty Corp
Firefighter Realty Corp (EIN: 133616308) is a nonprofit organization based in New York, NY. The organization reported total revenue of $1.8M and total assets of $12.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Firefighter Realty Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Firefighter Realty Corp is a mid-size nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $797K |
| Surplus / Deficit | +$803K |
| Total Assets | $10.8M |
| Total Liabilities | $63K |
| Net Assets | $10.8M |
| Operating Margin | 50.2% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 163.1 months |
Financial Health Grade: A
In 2023, Firefighter Realty Corp reported a surplus of $803K with revenue exceeding expenses, holds 163.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Firefighter Realty Corp's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.5% | +14.4% | +9.1% |
| 2022 | +6.2% | -11.2% | +6.1% |
| 2021 | -1.3% | -2.0% | +5.2% |
| 2020 | +15.0% | -0.7% | +8.8% |
| 2019 | +3.1% | -2.4% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Firefighter Realty Corp with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Firefighter Realty Corp allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $803K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive compensation is categorized under other expenses, which would require further clarification for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Firefighter Realty Corp's IRS 990 filings:
- Unknown NTEE code, hindering understanding of mission and program focus
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation without further explanation, potentially obscuring executive costs
Strengths
The following positive indicators were identified for Firefighter Realty Corp:
- Consistent revenue growth, from $992,105 in 2014 to $1,599,976 in 2023
- Strong asset growth, from $6,405,957 in 2014 to $10,825,897 in 2023
- Low expense ratio relative to revenue (e.g., 2023 expenses were $796,658 against $1,599,976 revenue)
- Positive net assets and low liabilities, indicating financial stability
Frequently Asked Questions about Firefighter Realty Corp
Is Firefighter Realty Corp a legitimate charity?
Firefighter Realty Corp (EIN: 133616308) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.8M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Firefighter Realty Corp spend its money?
Firefighter Realty Corp directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Firefighter Realty Corp tax-deductible?
Firefighter Realty Corp is registered as a tax-exempt nonprofit (EIN: 133616308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Firefighter Realty Corp's spending goes to programs?
Firefighter Realty Corp directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Firefighter Realty Corp located?
Firefighter Realty Corp is headquartered in New York, New York and files with the IRS under EIN 133616308.
How many years of IRS 990 filings does Firefighter Realty Corp have?
Firefighter Realty Corp 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 $1.8M in total revenue.
What are the specific program services provided by Firefighter Realty Corp?
The provided data does not specify the program services. The NTEE code is listed as 'Unknown', which makes it difficult to understand the organization's core mission and activities.
How are the expenses allocated between program, administrative, and fundraising costs?
The provided IRS 990 data only shows total expenses. A detailed breakdown of how the $796,658 in expenses for 2023 (and prior years) is allocated across program services, administration, and fundraising is not available, which limits the assessment of spending efficiency.
Is the 0% officer compensation accurate, or is executive compensation reported under other expense categories?
The filings consistently show 0% officer compensation. If executives are compensated, it would be reported under other expense lines, which could obscure the true cost of leadership and impact transparency.
What is the purpose of the significant accumulation of assets, which grew from $6.4 million in 2014 to $10.8 million in 2023?
The organization has significantly grown its assets over the past decade. Without knowing its specific mission and future plans, it's unclear if these assets are being held for specific long-term projects, endowments, or other strategic purposes related to its mission.
Filing History
IRS 990 filing history for Firefighter Realty Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Firefighter Realty Corp's revenue has grown by 79.3%, moving from $892K to $1.6M. Total assets increased by 107.5% over the same period, from $5.2M to $10.8M. Total functional expenses rose by 5.8%, from $753K to $797K. In its most recent filing year (2023), Firefighter Realty Corp reported a surplus of $803K, with revenue exceeding expenses. The organization holds $63K in liabilities against $10.8M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $10.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $797K | $10.8M | $63K | — | — |
| 2022 | $1.5M | $696K | $9.9M | $63K | — | View 990 |
| 2021 | $1.4M | $785K | $9.4M | $62K | — | View 990 |
| 2020 | $1.4M | $801K | $8.9M | $59K | — | View 990 |
| 2019 | $1.2M | $806K | $8.2M | $59K | — | — |
| 2018 | $1.2M | $826K | $7.7M | $64K | — | View 990 |
| 2017 | $1.2M | $805K | $7.3M | $63K | — | View 990 |
| 2016 | $1.0M | $759K | $6.9M | $61K | — | View 990 |
| 2015 | $1.0M | $783K | $6.7M | $60K | — | View 990 |
| 2014 | $992K | $768K | $6.4M | $88K | — | View 990 |
| 2012 | $897K | $711K | $5.6M | $98K | — | View 990 |
| 2011 | $892K | $753K | $5.2M | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $797K, and assets of $10.8M (revenue +6.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $696K, and assets of $9.9M (revenue +6.2% year-over-year).
- 2021: Revenue of $1.4M, expenses of $785K, and assets of $9.4M (revenue -1.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $801K, and assets of $8.9M (revenue +15.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $806K, and assets of $8.2M (revenue +3.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $826K, and assets of $7.7M (revenue +4.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $805K, and assets of $7.3M (revenue +12.0% year-over-year).
- 2016: Revenue of $1.0M, expenses of $759K, and assets of $6.9M (revenue +1.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $783K, and assets of $6.7M (revenue +2.9% year-over-year).
- 2014: Revenue of $992K, expenses of $768K, and assets of $6.4M (revenue +10.6% year-over-year).
- 2012: Revenue of $897K, expenses of $711K, and assets of $5.6M (revenue +0.5% year-over-year).
- 2011: Revenue of $892K, expenses of $753K, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Firefighter Realty Corp:
Data Sources and Methodology
This transparency report for Firefighter Realty Corp 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.