Hope And Jackson Fire Company
Hope And Jackson Fire Company: Consistent Revenue, High Program Spending
EIN: 222533509 · Hope, RI · NTEE: M24Z · Updated: 2026-04-04
Is Hope And Jackson Fire Company Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope And Jackson Fire Company directs 86% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope And Jackson Fire Company
Hope And Jackson Fire Company (EIN: 222533509) is a nonprofit organization based in Hope, RI, classified under NTEE code M24Z. The organization reported total revenue of $222K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope And Jackson Fire 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 Hope And Jackson Fire Company with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 86%
- fundraising: 7%
According to IRS 990 filings, Hope And Jackson Fire Company allocates its expenses as follows: admin: 7%, programs: 86%, fundraising: 7%. With 86% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or entirely unpaid leadership structure.
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.
Strengths
The following positive indicators were identified for Hope And Jackson Fire Company:
- Consistently high percentage of spending on programs (e.g., 86% in 2024 based on r165202 revenue and x143045 expenses).
- Stable revenue generation over multiple years, averaging around $160,000-$190,000 annually.
- Zero reported executive compensation suggests a strong volunteer ethos or efficient operational model.
Frequently Asked Questions about Hope And Jackson Fire Company
Is Hope And Jackson Fire Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope And Jackson Fire Company (EIN: 222533509) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Hope And Jackson Fire Company spend its money?
Hope And Jackson Fire Company directs 86% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hope And Jackson Fire Company tax-deductible?
Hope And Jackson Fire Company is registered as a tax-exempt nonprofit (EIN: 222533509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Hope And Jackson Fire Company do?
Hope And Jackson Fire Company is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in Hope, Rhode Island. It is classified under NTEE code M24Z.
How much revenue does Hope And Jackson Fire Company have?
Hope And Jackson Fire Company reported total revenue of $222,145. Based on 12 IRS 990 filings on record.
What are Hope And Jackson Fire Company's total assets?
Hope And Jackson Fire Company holds total assets of $195,376 as reported in IRS 990 filings.
Where is Hope And Jackson Fire Company located?
Hope And Jackson Fire Company is based in Hope, Rhode Island.
What is Hope And Jackson Fire Company's EIN?
Hope And Jackson Fire Company's Employer Identification Number (EIN) is 222533509. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hope And Jackson Fire Company?
Hope And Jackson Fire Company is classified under NTEE code M24Z (Public Safety & Disaster Preparedness).
Is Hope And Jackson Fire Company a registered 501(c)(3)?
Yes, Hope And Jackson Fire Company is recognized as a tax-exempt organization by the IRS. EIN: 222533509.
Does Hope And Jackson Fire Company file IRS Form 990?
Yes, Hope And Jackson Fire Company has 12 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Hope And Jackson Fire Company's revenue in 2024?
In the 202403 filing period, Hope And Jackson Fire Company reported total revenue of $165,202, total expenses of $143,045, and net assets of $201,915.
Is Hope And Jackson Fire Company's revenue growing or declining?
Hope And Jackson Fire Company's revenue is declining. Revenue went from $180,633 (202203) to $165,202 (202403), a -8.5% change. Based on 12 filings on record.
What is Hope And Jackson Fire Company's most recent 990 filing?
The most recent IRS Form 990 filing for Hope And Jackson Fire Company covers tax period 202403. It shows revenue of $165,202, expenses of $143,045, total assets of $201,915, and liabilities of N/A.
How much does Hope And Jackson Fire Company spend on programs vs administration?
Based on IRS 990 analysis, Hope And Jackson Fire Company allocates approximately 86% of expenses to program services, 7% to administrative costs, and 7% to fundraising. This indicates strong program focus.
Is Hope And Jackson Fire Company a trustworthy charity?
Based on AI analysis of IRS 990 data, Hope And Jackson Fire Company appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Hope And Jackson Fire Company's strengths?
Positive indicators for Hope And Jackson Fire Company include: Consistently high percentage of spending on programs (e.g., 86% in 2024 based on r165202 revenue and x143045 expenses).. Stable revenue generation over multiple years, averaging around $160,000-$190,000 annually.. Zero reported executive compensation suggests a strong volunteer ethos or efficient operational model.. These findings are derived from AI analysis of the organization's financial filings.
How does Hope And Jackson Fire Company compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or entirely unpaid leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to operate with $0 reported executive compensation, and what are the implications for its long-term sustainability and leadership succession?
The consistent reporting of $0 executive compensation suggests a reliance on volunteer leadership or a structure where key personnel are compensated through other means not captured in this specific line item. This model can be highly efficient but may pose challenges for leadership retention and succession planning if not adequately addressed.
Given the consistent revenue and expense figures, what specific programs or services does Hope And Jackson Fire Company primarily fund, and how are these impacting the local community?
While the data indicates consistent financial activity, the filings do not detail specific programs. As a fire company, it's highly probable that funds are directed towards emergency response, fire prevention education, equipment maintenance, and training for firefighters, directly benefiting the Hope, RI community's safety and well-being.
Filing History
IRS 990 filing history for Hope And Jackson Fire Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Hope And Jackson Fire Company's revenue has grown by 17.9%, moving from $140K to $165K. Total assets increased by 10.8% over the same period, from $182K to $202K. Total functional expenses fell by 13.5%, from $165K to $143K. In its most recent filing year (2024), Hope And Jackson Fire Company reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $165K | $143K | $202K | $0 | — | View 990 |
| 2022 | $181K | $176K | $203K | $582 | — | View 990 |
| 2021 | $129K | $97K | $201K | $2K | — | View 990 |
| 2020 | $161K | $175K | $171K | $7K | — | — |
| 2019 | $195K | $176K | $178K | $0 | — | View 990 |
| 2018 | $157K | $160K | $169K | $10K | — | — |
| 2017 | $164K | $151K | $171K | $10K | — | View 990 |
| 2016 | $152K | $155K | $149K | $0 | — | View 990 |
| 2015 | $184K | $201K | $151K | $0 | — | View 990 |
| 2014 | $159K | $169K | $168K | $0 | — | View 990 |
| 2013 | $147K | $151K | $178K | $0 | — | View 990 |
| 2012 | $140K | $165K | $182K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $165K, expenses of $143K, and assets of $202K (revenue -8.5% year-over-year).
- 2022: Revenue of $181K, expenses of $176K, and assets of $203K (revenue +40.5% year-over-year).
- 2021: Revenue of $129K, expenses of $97K, and assets of $201K (revenue -20.0% year-over-year).
- 2020: Revenue of $161K, expenses of $175K, and assets of $171K (revenue -17.6% year-over-year).
- 2019: Revenue of $195K, expenses of $176K, and assets of $178K (revenue +24.1% year-over-year).
- 2018: Revenue of $157K, expenses of $160K, and assets of $169K (revenue -4.1% year-over-year).
- 2017: Revenue of $164K, expenses of $151K, and assets of $171K (revenue +7.7% year-over-year).
- 2016: Revenue of $152K, expenses of $155K, and assets of $149K (revenue -17.2% year-over-year).
- 2015: Revenue of $184K, expenses of $201K, and assets of $151K (revenue +15.3% year-over-year).
- 2014: Revenue of $159K, expenses of $169K, and assets of $168K (revenue +8.3% year-over-year).
- 2013: Revenue of $147K, expenses of $151K, and assets of $178K (revenue +5.0% year-over-year).
- 2012: Revenue of $140K, expenses of $165K, and assets of $182K.
Data Sources and Methodology
This transparency report for Hope And Jackson Fire 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.