International Assoc Of Firefighters Newport Local 1080
EIN: 56015935 · Newport, RI
| Metric | Value |
|---|---|
| Total Expenses | $129K |
| Net Assets | $177K |
Is International Assoc Of Firefighters Newport Local 1080 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About International Assoc Of Firefighters Newport Local 1080
International Assoc Of Firefighters Newport Local 1080 (EIN: 56015935) is a nonprofit organization based in Newport, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Assoc Of Firefighters Newport Local 1080's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Assoc Of Firefighters Newport Local 1080 is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $129K |
| Surplus / Deficit | +$6K |
| Total Assets | $177K |
| Total Liabilities | $99 |
| Net Assets | $177K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 16.5 months |
Financial Health Grade: A
In 2015, International Assoc Of Firefighters Newport Local 1080 reported a surplus of $6K with revenue exceeding expenses, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), International Assoc Of Firefighters Newport Local 1080's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +0.2% | -4.6% | -3.5% |
| 2014 | -9.9% | +7.5% | +0.1% |
| 2013 | -8.9% | -12.5% | +18.9% |
| 2012 | +7.4% | -11.5% | +18.8% |
AI Analysis Pending
AI enrichment for International Assoc Of Firefighters Newport Local 1080 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 International Assoc Of Firefighters Newport Local 1080 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about International Assoc Of Firefighters Newport Local 1080
Is International Assoc Of Firefighters Newport Local 1080 a legitimate charity?
International Assoc Of Firefighters Newport Local 1080 (EIN: 56015935) is a registered tax-exempt nonprofit based in Rhode Island. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does International Assoc Of Firefighters Newport Local 1080 spend its money?
International Assoc Of Firefighters Newport Local 1080 reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to International Assoc Of Firefighters Newport Local 1080 tax-deductible?
International Assoc Of Firefighters Newport Local 1080 is registered as a tax-exempt nonprofit (EIN: 56015935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is International Assoc Of Firefighters Newport Local 1080 located?
International Assoc Of Firefighters Newport Local 1080 is headquartered in Newport, Rhode Island and files with the IRS under EIN 56015935.
How many years of IRS 990 filings does International Assoc Of Firefighters Newport Local 1080 have?
International Assoc Of Firefighters Newport Local 1080 has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for International Assoc Of Firefighters Newport Local 1080 showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), International Assoc Of Firefighters Newport Local 1080's revenue has declined by 11.7%, moving from $154K to $136K. Total assets increased by 36.5% over the same period, from $130K to $177K. Total functional expenses fell by 20.6%, from $163K to $129K. In its most recent filing year (2015), International Assoc Of Firefighters Newport Local 1080 reported a surplus of $6K, with revenue exceeding expenses. The organization holds $99 in liabilities against $177K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $136K | $129K | $177K | $99 | — | View 990 |
| 2014 | $135K | $135K | $183K | $328 | — | View 990 |
| 2013 | $150K | $126K | $183K | $236 | — | View 990 |
| 2012 | $165K | $144K | $154K | $0 | — | View 990 |
| 2011 | $154K | $163K | $130K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $136K, expenses of $129K, and assets of $177K (revenue +0.2% year-over-year).
- 2014: Revenue of $135K, expenses of $135K, and assets of $183K (revenue -9.9% year-over-year).
- 2013: Revenue of $150K, expenses of $126K, and assets of $183K (revenue -8.9% year-over-year).
- 2012: Revenue of $165K, expenses of $144K, and assets of $154K (revenue +7.4% year-over-year).
- 2011: Revenue of $154K, expenses of $163K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Assoc Of Firefighters Newport Local 1080:
Data Sources and Methodology
This transparency report for International Assoc Of Firefighters Newport Local 1080 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.