Hose 5 Fire Museum
EIN: 223242885 · Bangor, ME · NTEE: A54Z
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $6K |
| Net Assets | $90K |
Is Hose 5 Fire Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hose 5 Fire Museum
Hose 5 Fire Museum (EIN: 223242885) is a nonprofit organization based in Bangor, ME, classified under NTEE code A54Z. The organization reported total revenue of $1K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hose 5 Fire Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hose 5 Fire Museum is a micro nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $6K |
| Surplus / Deficit | +$3K |
| Total Assets | $90K |
| Net Assets | $90K |
| Operating Margin | 36.0% |
| Months of Reserves | 174.6 months |
Financial Health Grade: A
In 2024, Hose 5 Fire Museum reported a surplus of $3K with revenue exceeding expenses, holds 174.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Hose 5 Fire Museum's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +377.2% | +3.0% | +4.0% |
| 2023 | -50.0% | -1.8% | -4.4% |
| 2022 | +161.2% | +32.0% | -2.2% |
| 2021 | -83.6% | -15.9% | -3.2% |
| 2020 | +77.9% | -2.3% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hose 5 Fire Museum 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 Hose 5 Fire Museum 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Hose 5 Fire Museum
Is Hose 5 Fire Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Hose 5 Fire Museum (EIN: 223242885) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hose 5 Fire Museum spend its money?
Detailed spending breakdown data is not yet available for Hose 5 Fire Museum. Check back for updated IRS 990 analysis.
Are donations to Hose 5 Fire Museum tax-deductible?
Hose 5 Fire Museum is registered as a tax-exempt nonprofit (EIN: 223242885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hose 5 Fire Museum located?
Hose 5 Fire Museum is headquartered in Bangor, Maine and files with the IRS under EIN 223242885. It is classified under NTEE code A54Z.
How many years of IRS 990 filings does Hose 5 Fire Museum have?
Hose 5 Fire Museum has 13 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 $1K in total revenue.
Filing History
IRS 990 filing history for Hose 5 Fire Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Hose 5 Fire Museum's revenue has declined by 60.1%, moving from $24K to $10K. Total assets decreased by 13.2% over the same period, from $104K to $90K. Total functional expenses fell by 19.4%, from $8K to $6K. In its most recent filing year (2024), Hose 5 Fire Museum reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $10K | $6K | $90K | $0 | — | — |
| 2023 | $2K | $6K | $87K | $0 | — | View 990 |
| 2022 | $4K | $6K | $91K | $0 | — | — |
| 2021 | $2K | $5K | $93K | $0 | — | — |
| 2020 | $9K | $6K | $96K | $0 | — | View 990 |
| 2019 | $5K | $6K | $92K | $0 | — | View 990 |
| 2018 | $2K | $5K | $92K | $0 | — | View 990 |
| 2017 | $2K | $5K | $95K | $0 | — | View 990 |
| 2016 | $8K | $9K | $98K | $0 | — | View 990 |
| 2015 | $18K | $9K | $100K | $0 | — | View 990 |
| 2014 | $261 | $8K | $91K | $0 | — | View 990 |
| 2013 | $5K | $10K | $99K | $0 | — | View 990 |
| 2012 | $24K | $8K | $104K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10K, expenses of $6K, and assets of $90K (revenue +377.2% year-over-year).
- 2023: Revenue of $2K, expenses of $6K, and assets of $87K (revenue -50.0% year-over-year).
- 2022: Revenue of $4K, expenses of $6K, and assets of $91K (revenue +161.2% year-over-year).
- 2021: Revenue of $2K, expenses of $5K, and assets of $93K (revenue -83.6% year-over-year).
- 2020: Revenue of $9K, expenses of $6K, and assets of $96K (revenue +77.9% year-over-year).
- 2019: Revenue of $5K, expenses of $6K, and assets of $92K (revenue +151.6% year-over-year).
- 2018: Revenue of $2K, expenses of $5K, and assets of $92K (revenue +11.4% year-over-year).
- 2017: Revenue of $2K, expenses of $5K, and assets of $95K (revenue -74.9% year-over-year).
- 2016: Revenue of $8K, expenses of $9K, and assets of $98K (revenue -58.7% year-over-year).
- 2015: Revenue of $18K, expenses of $9K, and assets of $100K (revenue +6904.6% year-over-year).
- 2014: Revenue of $261, expenses of $8K, and assets of $91K (revenue -94.6% year-over-year).
- 2013: Revenue of $5K, expenses of $10K, and assets of $99K (revenue -80.2% year-over-year).
- 2012: Revenue of $24K, expenses of $8K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hose 5 Fire Museum:
Data Sources and Methodology
This transparency report for Hose 5 Fire Museum 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.