Guardian Hose Holding Company
Guardian Hose Holding Company maintains stable operations with declining assets and no executive compensation.
EIN: 204921122 · Thurmont, MD · NTEE: S47 · Updated: 2026-03-28
Is Guardian Hose Holding Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Guardian Hose Holding Company directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Guardian Hose Holding Company
Guardian Hose Holding Company (EIN: 204921122) is a nonprofit organization based in Thurmont, MD, classified under NTEE code S47. The organization reported total revenue of $121K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guardian Hose Holding Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Guardian Hose Holding Company 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, Guardian Hose Holding Company allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for financial transparency and resource allocation.
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 Guardian Hose Holding Company's IRS 990 filings:
- Lack of detailed expense breakdown in filings makes program efficiency hard to assess.
- Consistent decline in total assets over the past decade (from $2.29M in 2014 to $1.72M in 2023).
Strengths
The following positive indicators were identified for Guardian Hose Holding Company:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency regarding executive pay.
- Revenue consistently exceeds expenses in recent years (e.g., $113,030 revenue vs. $80,625 expenses in 2023), indicating operational surpluses.
- Stable financial operations with liabilities decreasing in proportion to assets.
- Long filing history (13 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Guardian Hose Holding Company
Is Guardian Hose Holding Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Guardian Hose Holding Company (EIN: 204921122) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Guardian Hose Holding Company spend its money?
Guardian Hose Holding Company directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Guardian Hose Holding Company tax-deductible?
Guardian Hose Holding Company is registered as a tax-exempt nonprofit (EIN: 204921122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary purpose of Guardian Hose Holding Company?
Given its NTEE code S47 (Support Organizations) and the name, it likely exists to hold assets or provide financial support for a related fire department or emergency services organization, such as the Guardian Hose Company.
Why have assets been declining over the past decade?
Assets have decreased from $2,294,363 in 2014 to $1,727,599 in 2023. This could be due to depreciation of physical assets, strategic asset sales, or distributions to the supported organization, though liabilities have also decreased, suggesting a managed reduction rather than financial distress.
Is the organization financially stable?
Yes, the organization appears financially stable. While assets have declined, liabilities have also decreased proportionally, and recent years show revenues exceeding expenses (e.g., $113,030 revenue vs. $80,625 expenses in 2023), indicating it is not operating at a deficit.
How does the organization generate its revenue?
The provided data does not detail revenue sources, but for a holding company, it could include investment income, rental income from properties, or contributions from the supported organization or community.
What are the main expenses of the organization?
Without a detailed breakdown, typical expenses for a holding company might include property maintenance, insurance, administrative costs, and potentially transfers or grants to the supported operating entity.
Filing History
IRS 990 filing history for Guardian Hose Holding Company showing financial trends over 13 years of public records:
Total assets decreased by 29.5% over the same period, from $2.5M to $1.7M. In its most recent filing year (2023), Guardian Hose Holding Company reported a surplus of $32K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $1.7M in assets (debt-to-asset ratio: 79.7%), resulting in net assets of $351K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $81K | $1.7M | $1.4M | — | View 990 |
| 2022 | $111K | $103K | $1.8M | $1.5M | — | View 990 |
| 2021 | $112K | $90K | $1.9M | $1.5M | — | View 990 |
| 2020 | $112K | $83K | $1.9M | $1.6M | — | View 990 |
| 2019 | $56K | $47K | $2.0M | $1.7M | — | View 990 |
| 2018 | $112K | $87K | $2.0M | $1.8M | — | View 990 |
| 2017 | $5K | $0 | $2.1M | $1.9M | — | — |
| 2016 | $-4,099 | $0 | $2.2M | $1.9M | — | View 990 |
| 2015 | $-17,212 | $0 | $2.2M | $2.0M | — | View 990 |
| 2014 | $-19,436 | $0 | $2.3M | $2.1M | — | View 990 |
| 2013 | $-5,031 | $0 | $2.4M | $2.1M | — | View 990 |
| 2012 | $-17,059 | $0 | $2.4M | $2.1M | — | View 990 |
| 2011 | $-19,909 | $0 | $2.5M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $81K, and assets of $1.7M (revenue +1.7% year-over-year).
- 2022: Revenue of $111K, expenses of $103K, and assets of $1.8M (revenue -0.7% year-over-year).
- 2021: Revenue of $112K, expenses of $90K, and assets of $1.9M (revenue +0.0% year-over-year).
- 2020: Revenue of $112K, expenses of $83K, and assets of $1.9M (revenue +99.7% year-over-year).
- 2019: Revenue of $56K, expenses of $47K, and assets of $2.0M (revenue -50.1% year-over-year).
- 2018: Revenue of $112K, expenses of $87K, and assets of $2.0M (revenue +2020.9% year-over-year).
- 2017: Revenue of $5K, expenses of $0, and assets of $2.1M.
- 2016: Revenue of $-4,099, expenses of $0, and assets of $2.2M.
- 2015: Revenue of $-17,212, expenses of $0, and assets of $2.2M.
- 2014: Revenue of $-19,436, expenses of $0, and assets of $2.3M.
- 2013: Revenue of $-5,031, expenses of $0, and assets of $2.4M.
- 2012: Revenue of $-17,059, expenses of $0, and assets of $2.4M.
- 2011: Revenue of $-19,909, expenses of $0, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Guardian Hose Holding 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.