Friends Of The Furness Railroaddistrict Inc
Friends Of The Furness Railroaddistrict Inc reports $0 revenue and assets, indicating potential inactivity or severe financial distress.
EIN: 208080216 · Wilmington, DE · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $5K |
| Program Spending | 80% |
| Net Assets | $20K |
| Transparency Score | 45/100 |
Is Friends Of The Furness Railroaddistrict Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Furness Railroaddistrict Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Furness Railroaddistrict Inc
Friends Of The Furness Railroaddistrict Inc (EIN: 208080216) is a nonprofit organization based in Wilmington, DE, classified under NTEE code A80. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Furness Railroaddistrict Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Furness Railroaddistrict Inc is a micro nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -57.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $365 |
| Total Expenses | $5K |
| Surplus / Deficit | $-5,018 |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | -1374.8% |
| Months of Reserves | 43.6 months |
Financial Health Grade: B
In 2014, Friends Of The Furness Railroaddistrict Inc reported a deficit of $5K with expenses exceeding revenue, holds 43.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Friends Of The Furness Railroaddistrict Inc's revenue has declined at a compound annual growth rate (CAGR) of -57.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -94.5% | -45.5% | -20.4% |
| 2013 | -69.9% | -19.8% | -11.7% |
| 2012 | +360.0% | -27.5% | +53.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Friends Of The Furness Railroaddistrict Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Friends Of The Furness Railroaddistrict Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based and receives no salary, which is appropriate for an organization of this size and financial standing.
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 Friends Of The Furness Railroaddistrict Inc's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential inactivity or severe financial distress.
- Expenses frequently exceeded revenue in historical filings (e.g., $5,383 expenses vs. $365 revenue in 2014), leading to a depletion of assets.
- Significant decline in assets from $27,864 in 2012 to $0 currently reported.
Strengths
The following positive indicators were identified for Friends Of The Furness Railroaddistrict Inc:
- No officer compensation reported, indicating a volunteer-driven leadership model.
- Consistent filing of IRS Form 990s, demonstrating a commitment to transparency in the past.
Frequently Asked Questions about Friends Of The Furness Railroaddistrict Inc
Is Friends Of The Furness Railroaddistrict Inc a legitimate charity?
Friends Of The Furness Railroaddistrict Inc (EIN: 208080216) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 45/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Friends Of The Furness Railroaddistrict Inc spend its money?
Friends Of The Furness Railroaddistrict Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of The Furness Railroaddistrict Inc tax-deductible?
Friends Of The Furness Railroaddistrict Inc is registered as a tax-exempt nonprofit (EIN: 208080216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of The Furness Railroaddistrict Inc's spending goes to programs?
Friends Of The Furness Railroaddistrict Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Furness Railroaddistrict Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Friends Of The Furness Railroaddistrict Inc is near average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Furness Railroaddistrict Inc located?
Friends Of The Furness Railroaddistrict Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 208080216. It is classified under NTEE code A80.
How many years of IRS 990 filings does Friends Of The Furness Railroaddistrict Inc have?
Friends Of The Furness Railroaddistrict Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Friends Of The Furness Railroaddistrict Inc currently active?
The latest IRS 990 data showing $0 revenue and $0 assets suggests the organization may be inactive or in a state of severe financial distress. Further investigation beyond the 990 filings would be needed to confirm its current operational status.
How has the organization's financial health changed over time?
The organization's financial health has declined. While it had assets of $27,864 in 2012, these decreased to $19,576 by 2014, and are now reported as $0. Revenue has also been inconsistent and generally low, often falling short of expenses.
What is the primary source of funding for this organization?
Based on the available 990 data, the primary source of funding is unclear, especially given the latest report of $0 revenue. Historically, revenue has been low (e.g., $365 in 2014, $6,611 in 2013), suggesting reliance on small donations or grants, but no specific major funding sources are evident.
Filing History
IRS 990 filing history for Friends Of The Furness Railroaddistrict Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Friends Of The Furness Railroaddistrict Inc's revenue has declined by 92.4%, moving from $5K to $365. Total assets increased by 7.5% over the same period, from $18K to $20K. Total functional expenses fell by 68.4%, from $17K to $5K. In its most recent filing year (2014), Friends Of The Furness Railroaddistrict Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $365 | $5K | $20K | $0 | — | View 990 |
| 2013 | $7K | $10K | $25K | $0 | — | View 990 |
| 2012 | $22K | $12K | $28K | $0 | — | View 990 |
| 2011 | $5K | $17K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $365, expenses of $5K, and assets of $20K (revenue -94.5% year-over-year).
- 2013: Revenue of $7K, expenses of $10K, and assets of $25K (revenue -69.9% year-over-year).
- 2012: Revenue of $22K, expenses of $12K, and assets of $28K (revenue +360.0% year-over-year).
- 2011: Revenue of $5K, expenses of $17K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Furness Railroaddistrict Inc:
Data Sources and Methodology
This transparency report for Friends Of The Furness Railroaddistrict 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.