Palmer Township Fire Co
EIN: 240837294 · Easton, PA · NTEE: M24
Is Palmer Township Fire Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Palmer Township Fire Co
Palmer Township Fire Co (EIN: 240837294) is a nonprofit organization based in Easton, PA, classified under NTEE code M24. The organization reported total revenue of $604K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palmer Township Fire Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Palmer Township Fire Co 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 Palmer Township Fire Co 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.
Frequently Asked Questions about Palmer Township Fire Co
Is Palmer Township Fire Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Palmer Township Fire Co (EIN: 240837294) insufficient data. 0 red flags identified, 0 strengths noted.
How does Palmer Township Fire Co spend its money?
Detailed spending breakdown data is not yet available for Palmer Township Fire Co. Check back for updated IRS 990 analysis.
Are donations to Palmer Township Fire Co tax-deductible?
Palmer Township Fire Co is registered as a tax-exempt nonprofit (EIN: 240837294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Palmer Township Fire Co showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Palmer Township Fire Co's revenue has grown by 89%, moving from $312K to $589K. Total assets increased by 323.9% over the same period, from $18K to $75K. Total functional expenses rose by 88.5%, from $312K to $588K. In its most recent filing year (2023), Palmer Township Fire Co reported a surplus of $2K, with revenue exceeding expenses. The organization holds $2K in liabilities against $75K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $73K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $589K | $588K | $75K | $2K | — | — |
| 2022 | $488K | $543K | $73K | $2K | — | View 990 |
| 2021 | $619K | $543K | $129K | $2K | — | View 990 |
| 2020 | $332K | $323K | $50K | $41 | — | View 990 |
| 2019 | $421K | $423K | $43K | $2K | — | — |
| 2018 | $413K | $392K | $45K | $2K | — | View 990 |
| 2017 | $344K | $339K | $23K | $2K | — | View 990 |
| 2016 | $435K | $428K | $18K | $2K | — | View 990 |
| 2015 | $355K | $361K | $11K | $2K | — | View 990 |
| 2014 | $312K | $312K | $18K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $589K, expenses of $588K, and assets of $75K (revenue +20.8% year-over-year).
- 2022: Revenue of $488K, expenses of $543K, and assets of $73K (revenue -21.2% year-over-year).
- 2021: Revenue of $619K, expenses of $543K, and assets of $129K (revenue +86.4% year-over-year).
- 2020: Revenue of $332K, expenses of $323K, and assets of $50K (revenue -21.0% year-over-year).
- 2019: Revenue of $421K, expenses of $423K, and assets of $43K (revenue +1.8% year-over-year).
- 2018: Revenue of $413K, expenses of $392K, and assets of $45K (revenue +20.1% year-over-year).
- 2017: Revenue of $344K, expenses of $339K, and assets of $23K (revenue -20.8% year-over-year).
- 2016: Revenue of $435K, expenses of $428K, and assets of $18K (revenue +22.4% year-over-year).
- 2015: Revenue of $355K, expenses of $361K, and assets of $11K (revenue +14.0% year-over-year).
- 2014: Revenue of $312K, expenses of $312K, and assets of $18K.
Data Sources and Methodology
This transparency report for Palmer Township Fire Co 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.