Pioneer Hose Company 1
EIN: 226067871 · Brick, NJ · NTEE: M24Z
| Metric | Value |
|---|---|
| Total Revenue | $245K |
| Total Expenses | $195K |
| Net Assets | $1.3M |
Is Pioneer Hose Company 1 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pioneer Hose Company 1
Pioneer Hose Company 1 (EIN: 226067871) is a nonprofit organization based in Brick, NJ, classified under NTEE code M24Z. The organization reported total revenue of $245K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pioneer Hose Company 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pioneer Hose Company 1 is a small nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $195K |
| Surplus / Deficit | $-39,109 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -25.1% |
| Months of Reserves | 80.3 months |
Financial Health Grade: B
In 2023, Pioneer Hose Company 1 reported a deficit of $39K with expenses exceeding revenue, holds 80.3 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Pioneer Hose Company 1's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.6% | -37.3% | -2.9% |
| 2022 | -10.0% | +150.7% | -9.8% |
| 2021 | +29.3% | -19.2% | -15.7% |
| 2020 | -82.4% | +42.4% | +22.2% |
| 2019 | +616.9% | +10.1% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pioneer Hose Company 1 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 Pioneer Hose Company 1 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
Frequently Asked Questions about Pioneer Hose Company 1
Is Pioneer Hose Company 1 a legitimate charity?
Pioneer Hose Company 1 (EIN: 226067871) is a registered tax-exempt nonprofit based in New Jersey. It has 14 years of IRS 990 filings on record. Total revenue: $245K. No red flags identified. Financial health grade: B.
How does Pioneer Hose Company 1 spend its money?
Pioneer Hose Company 1 reported $245K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pioneer Hose Company 1 tax-deductible?
Pioneer Hose Company 1 is registered as a tax-exempt nonprofit (EIN: 226067871). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pioneer Hose Company 1 located?
Pioneer Hose Company 1 is headquartered in Brick, New Jersey and files with the IRS under EIN 226067871. It is classified under NTEE code M24Z.
How many years of IRS 990 filings does Pioneer Hose Company 1 have?
Pioneer Hose Company 1 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 $245K in total revenue.
Filing History
IRS 990 filing history for Pioneer Hose Company 1 showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Pioneer Hose Company 1's revenue has grown by 24.7%, moving from $125K to $156K. Total assets increased by 58.1% over the same period, from $824K to $1.3M. Total functional expenses rose by 163.4%, from $74K to $195K. In its most recent filing year (2023), Pioneer Hose Company 1 reported a deficit of $39K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $195K | $1.3M | $0 | — | — |
| 2022 | $165K | $311K | $1.3M | $0 | — | View 990 |
| 2021 | $183K | $124K | $1.5M | $0 | — | View 990 |
| 2020 | $142K | $153K | $1.8M | $350K | — | View 990 |
| 2019 | $805K | $108K | $1.4M | $477K | — | View 990 |
| 2018 | $112K | $98K | $1.5M | $450K | — | View 990 |
| 2017 | $242K | $95K | $1.0M | $0 | — | View 990 |
| 2016 | $110K | $67K | $901K | $0 | — | View 990 |
| 2015 | $95K | $94K | $888K | $0 | — | View 990 |
| 2014 | $84K | $58K | $886K | $0 | — | View 990 |
| 2013 | $114K | $103K | $860K | $0 | — | View 990 |
| 2012 | $110K | $98K | $848K | $0 | — | View 990 |
| 2011 | $93K | $80K | $837K | $0 | — | View 990 |
| 2010 | $125K | $74K | $824K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $195K, and assets of $1.3M (revenue -5.6% year-over-year).
- 2022: Revenue of $165K, expenses of $311K, and assets of $1.3M (revenue -10.0% year-over-year).
- 2021: Revenue of $183K, expenses of $124K, and assets of $1.5M (revenue +29.3% year-over-year).
- 2020: Revenue of $142K, expenses of $153K, and assets of $1.8M (revenue -82.4% year-over-year).
- 2019: Revenue of $805K, expenses of $108K, and assets of $1.4M (revenue +616.9% year-over-year).
- 2018: Revenue of $112K, expenses of $98K, and assets of $1.5M (revenue -53.6% year-over-year).
- 2017: Revenue of $242K, expenses of $95K, and assets of $1.0M (revenue +119.9% year-over-year).
- 2016: Revenue of $110K, expenses of $67K, and assets of $901K (revenue +15.5% year-over-year).
- 2015: Revenue of $95K, expenses of $94K, and assets of $888K (revenue +12.9% year-over-year).
- 2014: Revenue of $84K, expenses of $58K, and assets of $886K (revenue -26.0% year-over-year).
- 2013: Revenue of $114K, expenses of $103K, and assets of $860K (revenue +4.0% year-over-year).
- 2012: Revenue of $110K, expenses of $98K, and assets of $848K (revenue +17.6% year-over-year).
- 2011: Revenue of $93K, expenses of $80K, and assets of $837K (revenue -25.3% year-over-year).
- 2010: Revenue of $125K, expenses of $74K, and assets of $824K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pioneer Hose Company 1:
Data Sources and Methodology
This transparency report for Pioneer Hose Company 1 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.