National Fire Sprinkler Industry Promotion Fund
National Fire Sprinkler Industry Promotion Fund: Strong Financials, Limited Program Detail
EIN: 222667267 · Linthicum Hts, MD · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $14.5M |
| Total Expenses | $8.6M |
| Program Spending | 86% |
| CEO/Top Officer Pay | $462,615 |
| Net Assets | $16.9M |
| Transparency Score | 75/100 |
Is National Fire Sprinkler Industry Promotion Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Fire Sprinkler Industry Promotion Fund directs 86% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Fire Sprinkler Industry Promotion Fund
National Fire Sprinkler Industry Promotion Fund (EIN: 222667267) is a nonprofit organization based in Linthicum Hts, MD. The organization reported total revenue of $14.5M and total assets of $20.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Fire Sprinkler Industry Promotion Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Fire Sprinkler Industry Promotion Fund is a large nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.0M |
| Total Expenses | $8.6M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $17.3M |
| Total Liabilities | $463K |
| Net Assets | $16.9M |
| Operating Margin | 14.0% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 24.2 months |
Financial Health Grade: A
In 2023, National Fire Sprinkler Industry Promotion Fund reported a surplus of $1.4M with revenue exceeding expenses, holds 24.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), National Fire Sprinkler Industry Promotion Fund's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.5% | +12.3% | +10.7% |
| 2022 | +11.2% | +19.5% | +7.1% |
| 2021 | +12.2% | +3.6% | +29.2% |
| 2020 | -3.9% | -17.3% | +18.0% |
| 2019 | +3.3% | -2.6% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 National Fire Sprinkler Industry Promotion Fund 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: 10%
- programs: 86%
- fundraising: 4%
According to IRS 990 filings, National Fire Sprinkler Industry Promotion Fund allocates its expenses as follows: admin: 10%, programs: 86%, fundraising: 4%. With 86% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Executive compensation appears reasonable, with the highest paid individual receiving $462,615 in 2023, which is 5.1% of total expenses.
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 National Fire Sprinkler Industry Promotion Fund's IRS 990 filings:
- Lack of detailed program outcome reporting beyond general descriptions.
- Significant cash reserves ($17.3M in 2023) suggest potential for greater program investment.
Strengths
The following positive indicators were identified for National Fire Sprinkler Industry Promotion Fund:
- Consistent revenue growth over the past several years, indicating strong donor support.
- Healthy financial position with assets significantly exceeding liabilities.
- Low fundraising costs (4% of expenses in 2023) demonstrate efficient resource allocation.
Frequently Asked Questions about National Fire Sprinkler Industry Promotion Fund
Is National Fire Sprinkler Industry Promotion Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, National Fire Sprinkler Industry Promotion Fund (EIN: 222667267) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does National Fire Sprinkler Industry Promotion Fund spend its money?
National Fire Sprinkler Industry Promotion Fund directs 86% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Fire Sprinkler Industry Promotion Fund tax-deductible?
National Fire Sprinkler Industry Promotion Fund is registered as a tax-exempt nonprofit (EIN: 222667267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Fire Sprinkler Industry Promotion Fund CEO make?
National Fire Sprinkler Industry Promotion Fund's highest-compensated officer earns $462,615 annually. The organization reported $14.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Fire Sprinkler Industry Promotion Fund's spending goes to programs?
National Fire Sprinkler Industry Promotion Fund directs 86% to programs, 4% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Fire Sprinkler Industry Promotion Fund located?
National Fire Sprinkler Industry Promotion Fund is headquartered in Linthicum Hts, Maryland and files with the IRS under EIN 222667267.
How many years of IRS 990 filings does National Fire Sprinkler Industry Promotion Fund have?
National Fire Sprinkler Industry Promotion Fund has 14 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 $14.5M in total revenue.
What does National Fire Sprinkler Industry Promotion Fund do?
National Fire Sprinkler Industry Promotion Fund is a nonprofit organization in the Unknown sector, located in Linthicum Hts, Maryland. It is classified under NTEE code Unknown.
How much revenue does National Fire Sprinkler Industry Promotion Fund have?
National Fire Sprinkler Industry Promotion Fund reported total revenue of $14,459,854. Based on 14 IRS 990 filings on record.
What are National Fire Sprinkler Industry Promotion Fund's total assets?
National Fire Sprinkler Industry Promotion Fund holds total assets of $20,122,198 as reported in IRS 990 filings.
Where is National Fire Sprinkler Industry Promotion Fund located?
National Fire Sprinkler Industry Promotion Fund is based in Linthicum Hts, Maryland.
What is National Fire Sprinkler Industry Promotion Fund's EIN?
National Fire Sprinkler Industry Promotion Fund's Employer Identification Number (EIN) is 222667267. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is National Fire Sprinkler Industry Promotion Fund?
National Fire Sprinkler Industry Promotion Fund is classified under NTEE code Unknown (Unknown).
Is National Fire Sprinkler Industry Promotion Fund a registered 501(c)(3)?
National Fire Sprinkler Industry Promotion Fund appears in IRS records (EIN: 222667267). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does National Fire Sprinkler Industry Promotion Fund file IRS Form 990?
Yes, National Fire Sprinkler Industry Promotion Fund has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was National Fire Sprinkler Industry Promotion Fund's revenue in 2023?
In the 202312 filing period, National Fire Sprinkler Industry Promotion Fund reported total revenue of $9,988,805, total expenses of $8,586,562, and net assets of $17,321,881.
Is National Fire Sprinkler Industry Promotion Fund's revenue growing or declining?
National Fire Sprinkler Industry Promotion Fund's revenue is relatively stable. Revenue went from $10,042,466 (202212) to $9,988,805 (202312), a -0.5% change. Based on 14 filings on record.
What is National Fire Sprinkler Industry Promotion Fund's most recent 990 filing?
The most recent IRS Form 990 filing for National Fire Sprinkler Industry Promotion Fund covers tax period 202312. It shows revenue of $9,988,805, expenses of $8,586,562, total assets of $17,321,881, and liabilities of $462,615.
How much does National Fire Sprinkler Industry Promotion Fund spend on programs vs administration?
Based on IRS 990 analysis, National Fire Sprinkler Industry Promotion Fund allocates approximately 86% of expenses to program services, 10% to administrative costs, and 4% to fundraising. This indicates strong program focus.
Is National Fire Sprinkler Industry Promotion Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, National Fire Sprinkler Industry Promotion Fund appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for National Fire Sprinkler Industry Promotion Fund?
The following concerns were identified: Lack of detailed program outcome reporting beyond general descriptions.. Significant cash reserves ($17.3M in 2023) suggest potential for greater program investment.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are National Fire Sprinkler Industry Promotion Fund's strengths?
Positive indicators for National Fire Sprinkler Industry Promotion Fund include: Consistent revenue growth over the past several years, indicating strong donor support.. Healthy financial position with assets significantly exceeding liabilities.. Low fundraising costs (4% of expenses in 2023) demonstrate efficient resource allocation.. These findings are derived from AI analysis of the organization's financial filings.
How does National Fire Sprinkler Industry Promotion Fund compensate executives?
Executive compensation appears reasonable, with the highest paid individual receiving $462,615 in 2023, which is 5.1% of total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial accumulated assets and consistent revenue, what specific new initiatives or expanded programs are planned to further the mission of fire sprinkler promotion?
While the organization has a strong financial base, the Form 990s do not explicitly detail future program expansion plans or how the significant asset base will be leveraged for new initiatives beyond general operational support.
How does the organization measure the effectiveness and reach of its 'promotion' activities, and what metrics are used to demonstrate impact?
The Form 990s provide expense breakdowns for program services but lack specific metrics or reporting on the impact of their promotional activities, such as changes in fire sprinkler adoption rates or public awareness.
Filing History
IRS 990 filing history for National Fire Sprinkler Industry Promotion Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), National Fire Sprinkler Industry Promotion Fund's revenue has grown by 68.6%, moving from $5.9M to $10.0M. Total assets increased by 275.6% over the same period, from $4.6M to $17.3M. Total functional expenses rose by 25.3%, from $6.9M to $8.6M. In its most recent filing year (2023), National Fire Sprinkler Industry Promotion Fund reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $463K in liabilities against $17.3M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $16.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.0M | $8.6M | $17.3M | $463K | — | — |
| 2022 | $10.0M | $7.6M | $15.6M | $1.4M | — | View 990 |
| 2021 | $9.0M | $6.4M | $14.6M | $1.1M | — | View 990 |
| 2020 | $8.0M | $6.2M | $11.3M | $419K | — | View 990 |
| 2019 | $8.4M | $7.5M | $9.6M | $581K | — | — |
| 2018 | $8.1M | $7.7M | $8.1M | $290K | — | View 990 |
| 2017 | $7.4M | $5.9M | $8.2M | $679K | — | View 990 |
| 2016 | $7.3M | $6.0M | $6.6M | $879K | — | View 990 |
| 2015 | $6.6M | $5.7M | $4.7M | $499K | — | View 990 |
| 2014 | $6.1M | $5.7M | $4.4M | $1.1M | — | View 990 |
| 2013 | $5.8M | $5.5M | $3.7M | $798K | — | View 990 |
| 2012 | $5.4M | $5.7M | $3.9M | $1.0M | — | View 990 |
| 2011 | $5.3M | $5.7M | $4.1M | $987K | — | View 990 |
| 2010 | $5.9M | $6.9M | $4.6M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.0M, expenses of $8.6M, and assets of $17.3M (revenue -0.5% year-over-year).
- 2022: Revenue of $10.0M, expenses of $7.6M, and assets of $15.6M (revenue +11.2% year-over-year).
- 2021: Revenue of $9.0M, expenses of $6.4M, and assets of $14.6M (revenue +12.2% year-over-year).
- 2020: Revenue of $8.0M, expenses of $6.2M, and assets of $11.3M (revenue -3.9% year-over-year).
- 2019: Revenue of $8.4M, expenses of $7.5M, and assets of $9.6M (revenue +3.3% year-over-year).
- 2018: Revenue of $8.1M, expenses of $7.7M, and assets of $8.1M (revenue +9.9% year-over-year).
- 2017: Revenue of $7.4M, expenses of $5.9M, and assets of $8.2M (revenue +0.4% year-over-year).
- 2016: Revenue of $7.3M, expenses of $6.0M, and assets of $6.6M (revenue +11.0% year-over-year).
- 2015: Revenue of $6.6M, expenses of $5.7M, and assets of $4.7M (revenue +8.5% year-over-year).
- 2014: Revenue of $6.1M, expenses of $5.7M, and assets of $4.4M (revenue +5.9% year-over-year).
- 2013: Revenue of $5.8M, expenses of $5.5M, and assets of $3.7M (revenue +6.9% year-over-year).
- 2012: Revenue of $5.4M, expenses of $5.7M, and assets of $3.9M (revenue +1.4% year-over-year).
- 2011: Revenue of $5.3M, expenses of $5.7M, and assets of $4.1M (revenue -10.4% year-over-year).
- 2010: Revenue of $5.9M, expenses of $6.9M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Fire Sprinkler Industry Promotion Fund:
Data Sources and Methodology
This transparency report for National Fire Sprinkler Industry Promotion Fund 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.