Galena Firemens Relief Assn
EIN: 486116160 · Galena, KS
| Metric | Value |
|---|---|
| Total Revenue | $182K |
| Total Expenses | $89K |
| Net Assets | $636K |
Is Galena Firemens Relief Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Galena Firemens Relief Assn
Galena Firemens Relief Assn (EIN: 486116160) is a nonprofit organization based in Galena, KS. The organization reported total revenue of $182K and total assets of $734K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Galena Firemens Relief Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Galena Firemens Relief Assn is a small nonprofit that has been operating for 81 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $89K |
| Surplus / Deficit | +$93K |
| Total Assets | $734K |
| Total Liabilities | $98K |
| Net Assets | $636K |
| Operating Margin | 50.9% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 98.6 months |
Financial Health Grade: A
In 2022, Galena Firemens Relief Assn reported a surplus of $93K with revenue exceeding expenses, holds 98.6 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Galena Firemens Relief Assn's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -1.0% | +65.1% | +14.5% |
| 2021 | +148.9% | -77.9% | +25.4% |
| 2020 | -35.6% | +391.9% | -25.0% |
| 2019 | -10.9% | -70.8% | +10.5% |
| 2018 | +55.2% | +338.7% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Galena Firemens Relief Assn 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 Galena Firemens Relief Assn 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 $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.3%.
Frequently Asked Questions about Galena Firemens Relief Assn
Is Galena Firemens Relief Assn a legitimate charity?
Galena Firemens Relief Assn (EIN: 486116160) is a registered tax-exempt nonprofit based in Kansas. It has 12 years of IRS 990 filings on record. Total revenue: $182K. No red flags identified. Financial health grade: A.
How does Galena Firemens Relief Assn spend its money?
Galena Firemens Relief Assn reported $182K 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 Galena Firemens Relief Assn tax-deductible?
Galena Firemens Relief Assn is registered as a tax-exempt nonprofit (EIN: 486116160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Galena Firemens Relief Assn located?
Galena Firemens Relief Assn is headquartered in Galena, Kansas and files with the IRS under EIN 486116160.
How many years of IRS 990 filings does Galena Firemens Relief Assn have?
Galena Firemens Relief Assn 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 $182K in total revenue.
Filing History
IRS 990 filing history for Galena Firemens Relief Assn showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Galena Firemens Relief Assn's revenue has grown by 10.3%, moving from $165K to $182K. Total assets increased by 150.6% over the same period, from $293K to $734K. Total functional expenses fell by 16.4%, from $107K to $89K. In its most recent filing year (2022), Galena Firemens Relief Assn reported a surplus of $93K, with revenue exceeding expenses. The organization holds $98K in liabilities against $734K in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $636K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $182K | $89K | $734K | $98K | — | — |
| 2021 | $184K | $54K | $641K | $98K | — | View 990 |
| 2020 | $74K | $244K | $511K | $98K | — | — |
| 2019 | $115K | $50K | $682K | $98K | — | View 990 |
| 2018 | $129K | $170K | $617K | $98K | — | View 990 |
| 2017 | $83K | $39K | $561K | $0 | — | View 990 |
| 2016 | $91K | $25K | $516K | $0 | — | View 990 |
| 2015 | $101K | $23K | $451K | $0 | — | View 990 |
| 2014 | $95K | $39K | $452K | $78K | — | View 990 |
| 2013 | $120K | $90K | $396K | $78K | — | View 990 |
| 2012 | $69K | $14K | $348K | $60K | — | View 990 |
| 2011 | $165K | $107K | $293K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $182K, expenses of $89K, and assets of $734K (revenue -1.0% year-over-year).
- 2021: Revenue of $184K, expenses of $54K, and assets of $641K (revenue +148.9% year-over-year).
- 2020: Revenue of $74K, expenses of $244K, and assets of $511K (revenue -35.6% year-over-year).
- 2019: Revenue of $115K, expenses of $50K, and assets of $682K (revenue -10.9% year-over-year).
- 2018: Revenue of $129K, expenses of $170K, and assets of $617K (revenue +55.2% year-over-year).
- 2017: Revenue of $83K, expenses of $39K, and assets of $561K (revenue -8.5% year-over-year).
- 2016: Revenue of $91K, expenses of $25K, and assets of $516K (revenue -10.1% year-over-year).
- 2015: Revenue of $101K, expenses of $23K, and assets of $451K (revenue +6.4% year-over-year).
- 2014: Revenue of $95K, expenses of $39K, and assets of $452K (revenue -21.3% year-over-year).
- 2013: Revenue of $120K, expenses of $90K, and assets of $396K (revenue +75.5% year-over-year).
- 2012: Revenue of $69K, expenses of $14K, and assets of $348K (revenue -58.4% year-over-year).
- 2011: Revenue of $165K, expenses of $107K, and assets of $293K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Galena Firemens Relief Assn:
Data Sources and Methodology
This transparency report for Galena Firemens Relief Assn 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.