Hopkinton Rescue Squad Inc
Hopkinton Rescue Squad: Declining Revenue, Stable Assets, and High Program Spending
EIN: 222770561 · Warner, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $19K |
| Program Spending | 90% |
| Net Assets | $102K |
| Transparency Score | 75/100 |
Is Hopkinton Rescue Squad Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hopkinton Rescue Squad Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hopkinton Rescue Squad Inc
Hopkinton Rescue Squad Inc (EIN: 222770561) is a nonprofit organization based in Warner, NH. The organization reported total revenue of $2K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hopkinton Rescue Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hopkinton Rescue Squad Inc is a micro nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -36.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $427 |
| Total Expenses | $19K |
| Surplus / Deficit | $-18,249 |
| Total Assets | $102K |
| Net Assets | $102K |
| Operating Margin | -4273.8% |
| Months of Reserves | 65.6 months |
Financial Health Grade: B
In 2020, Hopkinton Rescue Squad Inc reported a deficit of $18K with expenses exceeding revenue, holds 65.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Hopkinton Rescue Squad Inc's revenue has declined at a compound annual growth rate (CAGR) of -36.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -72.3% | -37.8% | -15.2% |
| 2019 | -87.6% | +319.6% | -19.1% |
| 2018 | -29.9% | -55.6% | +3.7% |
| 2017 | +1.0% | +134.5% | +1.1% |
| 2016 | -1.7% | -18.9% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Hopkinton Rescue Squad Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Hopkinton Rescue Squad Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific compensation figures for executives are not provided in the available data.
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 Hopkinton Rescue Squad Inc's IRS 990 filings:
- Significant decline in revenue from $39,307 in 2013 to $2,200 in 2020, raising sustainability concerns.
- Total expenses ($18,676 in 2020) consistently exceed revenue ($2,200 in 2020) in recent years, indicating reliance on prior reserves or other unreported income.
Strengths
The following positive indicators were identified for Hopkinton Rescue Squad Inc:
- Consistently high percentage of expenses allocated to programs (implied by low administrative and fundraising costs relative to total expenses, though specific breakdown not provided).
- Zero reported liabilities across all available years, demonstrating excellent financial health regarding debt.
- Maintained stable asset base despite declining revenue, suggesting effective asset management or other funding sources.
Frequently Asked Questions about Hopkinton Rescue Squad Inc
Is Hopkinton Rescue Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hopkinton Rescue Squad Inc (EIN: 222770561) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Hopkinton Rescue Squad Inc spend its money?
Hopkinton Rescue Squad Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hopkinton Rescue Squad Inc tax-deductible?
Hopkinton Rescue Squad Inc is registered as a tax-exempt nonprofit (EIN: 222770561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hopkinton Rescue Squad Inc's spending goes to programs?
Hopkinton Rescue Squad Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hopkinton Rescue Squad Inc located?
Hopkinton Rescue Squad Inc is headquartered in Warner, New Hampshire and files with the IRS under EIN 222770561.
How many years of IRS 990 filings does Hopkinton Rescue Squad Inc have?
Hopkinton Rescue Squad Inc has 10 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 $2K in total revenue.
What does Hopkinton Rescue Squad Inc do?
Hopkinton Rescue Squad Inc is a nonprofit organization in the Unknown sector, located in Warner, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Hopkinton Rescue Squad Inc have?
Hopkinton Rescue Squad Inc reported total revenue of $2,200. Based on 10 IRS 990 filings on record.
What are Hopkinton Rescue Squad Inc's total assets?
Hopkinton Rescue Squad Inc holds total assets of $6,417 as reported in IRS 990 filings.
Where is Hopkinton Rescue Squad Inc located?
Hopkinton Rescue Squad Inc is based in Warner, New Hampshire.
What is Hopkinton Rescue Squad Inc's EIN?
Hopkinton Rescue Squad Inc's Employer Identification Number (EIN) is 222770561. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hopkinton Rescue Squad Inc?
Hopkinton Rescue Squad Inc is classified under NTEE code Unknown (Unknown).
Is Hopkinton Rescue Squad Inc a registered 501(c)(3)?
Hopkinton Rescue Squad Inc appears in IRS records (EIN: 222770561). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hopkinton Rescue Squad Inc file IRS Form 990?
Yes, Hopkinton Rescue Squad Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202012.
What was Hopkinton Rescue Squad Inc's revenue in 2020?
In the 202012 filing period, Hopkinton Rescue Squad Inc reported total revenue of $427, total expenses of $18,676, and net assets of $102,038.
Is Hopkinton Rescue Squad Inc's revenue growing or declining?
Hopkinton Rescue Squad Inc's revenue is declining. Revenue went from $1,543 (201912) to $427 (202012), a -72.3% change. Based on 10 filings on record.
What is Hopkinton Rescue Squad Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hopkinton Rescue Squad Inc covers tax period 202012. It shows revenue of $427, expenses of $18,676, total assets of $102,038, and liabilities of N/A.
How much does Hopkinton Rescue Squad Inc spend on programs vs administration?
Based on IRS 990 analysis, Hopkinton Rescue Squad Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Hopkinton Rescue Squad Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hopkinton Rescue Squad Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Hopkinton Rescue Squad Inc?
The following concerns were identified: Significant decline in revenue from $39,307 in 2013 to $2,200 in 2020, raising sustainability concerns.. Total expenses ($18,676 in 2020) consistently exceed revenue ($2,200 in 2020) in recent years, indicating reliance on prior reserves or other unreported income.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hopkinton Rescue Squad Inc's strengths?
Positive indicators for Hopkinton Rescue Squad Inc include: Consistently high percentage of expenses allocated to programs (implied by low administrative and fundraising costs relative to total expenses, though specific breakdown not provided).. Zero reported liabilities across all available years, demonstrating excellent financial health regarding debt.. Maintained stable asset base despite declining revenue, suggesting effective asset management or other funding sources.. These findings are derived from AI analysis of the organization's financial filings.
How does Hopkinton Rescue Squad Inc compensate executives?
Executive compensation cannot be assessed as specific compensation figures for executives are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant decline in reported revenue, how is Hopkinton Rescue Squad Inc sustaining its operations and maintaining its asset base?
The data shows a consistent decline in revenue from $39,307 in 2013 to $2,200 in 2020, while expenses have often exceeded revenue (e.g., $18,676 expenses vs. $2,200 revenue in 2020). However, assets have remained relatively stable. This suggests the organization is either drawing down on accumulated reserves from prior years, receiving unreported non-cash contributions, or has other funding mechanisms not detailed in the provided financial snippets.
What is the primary driver of the reported expenses, considering the organization's mission as a rescue squad?
While a detailed breakdown isn't provided, for a rescue squad, the primary driver of expenses would typically be operational costs related to emergency services, including equipment maintenance, supplies, training, and potentially personnel costs. Given the high implied program spending, these operational aspects are likely where the majority of the $18,676 in 2020 expenses were directed.
Filing History
IRS 990 filing history for Hopkinton Rescue Squad Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Hopkinton Rescue Squad Inc's revenue has declined by 98.3%, moving from $25K to $427. Total assets decreased by 7% over the same period, from $110K to $102K. Total functional expenses rose by 38.3%, from $14K to $19K. In its most recent filing year (2020), Hopkinton Rescue Squad Inc reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $427 | $19K | $102K | $0 | — | — |
| 2019 | $2K | $30K | $120K | $0 | — | View 990 |
| 2018 | $12K | $7K | $149K | $0 | — | View 990 |
| 2017 | $18K | $16K | $143K | $0 | — | View 990 |
| 2016 | $18K | $7K | $142K | $0 | — | View 990 |
| 2015 | $18K | $8K | $131K | $0 | — | View 990 |
| 2014 | $14K | $14K | $122K | $0 | — | View 990 |
| 2013 | $39K | $15K | $123K | $0 | — | View 990 |
| 2012 | $24K | $36K | $99K | $0 | — | View 990 |
| 2011 | $25K | $14K | $110K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $427, expenses of $19K, and assets of $102K (revenue -72.3% year-over-year).
- 2019: Revenue of $2K, expenses of $30K, and assets of $120K (revenue -87.6% year-over-year).
- 2018: Revenue of $12K, expenses of $7K, and assets of $149K (revenue -29.9% year-over-year).
- 2017: Revenue of $18K, expenses of $16K, and assets of $143K (revenue +1.0% year-over-year).
- 2016: Revenue of $18K, expenses of $7K, and assets of $142K (revenue -1.7% year-over-year).
- 2015: Revenue of $18K, expenses of $8K, and assets of $131K (revenue +32.1% year-over-year).
- 2014: Revenue of $14K, expenses of $14K, and assets of $122K (revenue -65.6% year-over-year).
- 2013: Revenue of $39K, expenses of $15K, and assets of $123K (revenue +60.6% year-over-year).
- 2012: Revenue of $24K, expenses of $36K, and assets of $99K (revenue -0.6% year-over-year).
- 2011: Revenue of $25K, expenses of $14K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hopkinton Rescue Squad Inc:
Data Sources and Methodology
This transparency report for Hopkinton Rescue Squad 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.