Professional Firefighters Of Salem Local 2892
Professional Firefighters of Salem Local 2892: Consistent Revenue, High Administrative Costs
EIN: 222583588 · Salem, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $70K |
| Program Spending | 34% |
| Net Assets | $266K |
| Transparency Score | 70/100 |
Is Professional Firefighters Of Salem Local 2892 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Professional Firefighters Of Salem Local 2892 directs 34% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Professional Firefighters Of Salem Local 2892
Professional Firefighters Of Salem Local 2892 (EIN: 222583588) is a nonprofit organization based in Salem, NH. The organization reported total revenue of $106K and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Professional Firefighters Of Salem Local 2892's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Professional Firefighters Of Salem Local 2892 is a small nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $70K |
| Surplus / Deficit | +$36K |
| Total Assets | $267K |
| Total Liabilities | $1K |
| Net Assets | $266K |
| Operating Margin | 34.0% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 45.9 months |
Financial Health Grade: A
In 2021, Professional Firefighters Of Salem Local 2892 reported a surplus of $36K with revenue exceeding expenses, holds 45.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2021), Professional Firefighters Of Salem Local 2892's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +12.4% | +6.9% | +14.2% |
| 2019 | +14.8% | -6.7% | +14.1% |
| 2018 | -1.2% | -1.4% | -6.4% |
| 2017 | +10.3% | +8.8% | +19.1% |
| 2016 | +4.5% | +8.3% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1959 |
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 Professional Firefighters Of Salem Local 2892 with a Mission Score of 70 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: 66%
- programs: 34%
- fundraising: 0%
According to IRS 990 filings, Professional Firefighters Of Salem Local 2892 allocates its expenses as follows: admin: 66%, programs: 34%, fundraising: 0%. Only 34% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is not reported in the available Form 990-EZ filings, suggesting that officers are uncompensated or compensation falls below reporting thresholds.
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 Professional Firefighters Of Salem Local 2892's IRS 990 filings:
- Administrative expenses consistently represent a high percentage of total expenses (e.g., $69,817 out of $69,817 total expenses in 202109, implying all expenses are administrative or program expenses are miscategorized).
- Lack of detailed program expense breakdown makes it difficult to assess direct impact.
- The organization's liabilities have fluctuated significantly, from $851 in 201412 to $65,720 in 201712, then down to $1,263 in 202109, without clear explanation in public filings.
Strengths
The following positive indicators were identified for Professional Firefighters Of Salem Local 2892:
- Consistent revenue generation over the past several years, indicating stable support.
- Healthy asset growth, from $120,114 in 201412 to $266,927 in 202109.
- No reported fundraising expenses, suggesting efficient acquisition of funds without dedicated fundraising costs.
Frequently Asked Questions about Professional Firefighters Of Salem Local 2892
Is Professional Firefighters Of Salem Local 2892 a legitimate charity?
Based on AI analysis of IRS 990 filings, Professional Firefighters Of Salem Local 2892 (EIN: 222583588) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Professional Firefighters Of Salem Local 2892 spend its money?
Professional Firefighters Of Salem Local 2892 directs 34% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Professional Firefighters Of Salem Local 2892 tax-deductible?
Professional Firefighters Of Salem Local 2892 is registered as a tax-exempt nonprofit (EIN: 222583588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Professional Firefighters Of Salem Local 2892 located?
Professional Firefighters Of Salem Local 2892 is headquartered in Salem, New Hampshire and files with the IRS under EIN 222583588.
How many years of IRS 990 filings does Professional Firefighters Of Salem Local 2892 have?
Professional Firefighters Of Salem Local 2892 has 10 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 $106K in total revenue.
What does Professional Firefighters Of Salem Local 2892 do?
Professional Firefighters Of Salem Local 2892 is a nonprofit organization in the Unknown sector, located in Salem, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Professional Firefighters Of Salem Local 2892 have?
Professional Firefighters Of Salem Local 2892 reported total revenue of $105,849. Based on 10 IRS 990 filings on record.
What are Professional Firefighters Of Salem Local 2892's total assets?
Professional Firefighters Of Salem Local 2892 holds total assets of $266,927 as reported in IRS 990 filings.
Where is Professional Firefighters Of Salem Local 2892 located?
Professional Firefighters Of Salem Local 2892 is based in Salem, New Hampshire.
What is Professional Firefighters Of Salem Local 2892's EIN?
Professional Firefighters Of Salem Local 2892's Employer Identification Number (EIN) is 222583588. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Professional Firefighters Of Salem Local 2892?
Professional Firefighters Of Salem Local 2892 is classified under NTEE code Unknown (Unknown).
Is Professional Firefighters Of Salem Local 2892 a registered 501(c)(3)?
Professional Firefighters Of Salem Local 2892 appears in IRS records (EIN: 222583588). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Professional Firefighters Of Salem Local 2892 file IRS Form 990?
Yes, Professional Firefighters Of Salem Local 2892 has 10 IRS Form 990 filings on record. The most recent covers tax period 202109.
What was Professional Firefighters Of Salem Local 2892's revenue in 2021?
In the 202109 filing period, Professional Firefighters Of Salem Local 2892 reported total revenue of $105,849, total expenses of $69,817, and net assets of $266,927.
Is Professional Firefighters Of Salem Local 2892's revenue growing or declining?
Professional Firefighters Of Salem Local 2892's revenue is growing. Revenue went from $94,190 (201912) to $105,849 (202109), a +12.4% change. Based on 10 filings on record.
What is Professional Firefighters Of Salem Local 2892's most recent 990 filing?
The most recent IRS Form 990 filing for Professional Firefighters Of Salem Local 2892 covers tax period 202109. It shows revenue of $105,849, expenses of $69,817, total assets of $266,927, and liabilities of $1,263.
How much does Professional Firefighters Of Salem Local 2892 spend on programs vs administration?
Based on IRS 990 analysis, Professional Firefighters Of Salem Local 2892 allocates approximately 34% of expenses to program services, 66% to administrative costs, and 0% to fundraising. Overhead costs appear high relative to program spending.
Is Professional Firefighters Of Salem Local 2892 a trustworthy charity?
Based on AI analysis of IRS 990 data, Professional Firefighters Of Salem Local 2892 appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Professional Firefighters Of Salem Local 2892?
The following concerns were identified: Administrative expenses consistently represent a high percentage of total expenses (e.g., $69,817 out of $69,817 total expenses in 202109, implying all expenses are administrative or program expenses are miscategorized).. Lack of detailed program expense breakdown makes it difficult to assess direct impact.. The organization's liabilities have fluctuated significantly, from $851 in 201412 to $65,720 in 201712, then down to $1,263 in 202109, without clear explanation in public filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Professional Firefighters Of Salem Local 2892's strengths?
Positive indicators for Professional Firefighters Of Salem Local 2892 include: Consistent revenue generation over the past several years, indicating stable support.. Healthy asset growth, from $120,114 in 201412 to $266,927 in 202109.. No reported fundraising expenses, suggesting efficient acquisition of funds without dedicated fundraising costs.. These findings are derived from AI analysis of the organization's financial filings.
How does Professional Firefighters Of Salem Local 2892 compensate executives?
Executive compensation is not reported in the available Form 990-EZ filings, suggesting that officers are uncompensated or compensation falls below reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given that total expenses are often equal to or very close to administrative expenses, what specific activities are categorized as 'administrative' and how do they directly support the organization's mission?
The Form 990-EZ for 202109 shows total expenses of $69,817, with no separate line item for program service expenses, suggesting that all reported expenses are administrative. This raises questions about the direct programmatic impact of the $69,817 spent.
How does the organization manage its significant fluctuations in liabilities, such as the jump from $851 in 2014 to $65,720 in 2017, and what were these liabilities for?
The filings do not provide specific details on the nature of these liabilities. The increase in 2017 to $65,720 and subsequent decrease to $1,263 by 2021 suggests either significant short-term borrowing or specific project-related debt that was later resolved.
Filing History
IRS 990 filing history for Professional Firefighters Of Salem Local 2892 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Professional Firefighters Of Salem Local 2892's revenue has grown by 79.8%, moving from $59K to $106K. Total assets increased by 176.5% over the same period, from $97K to $267K. Total functional expenses rose by 7.1%, from $65K to $70K. In its most recent filing year (2021), Professional Firefighters Of Salem Local 2892 reported a surplus of $36K, with revenue exceeding expenses. The organization holds $1K in liabilities against $267K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $266K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $106K | $70K | $267K | $1K | — | — |
| 2019 | $94K | $65K | $234K | $0 | — | View 990 |
| 2018 | $82K | $70K | $205K | $0 | — | View 990 |
| 2017 | $83K | $71K | $219K | $66K | — | — |
| 2016 | $75K | $65K | $184K | $43K | — | View 990 |
| 2015 | $72K | $60K | $167K | $36K | — | View 990 |
| 2014 | $74K | $59K | $120K | $851 | — | View 990 |
| 2013 | $66K | $64K | $105K | $830 | — | View 990 |
| 2012 | $64K | $58K | $103K | $721 | — | View 990 |
| 2011 | $59K | $65K | $97K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $106K, expenses of $70K, and assets of $267K (revenue +12.4% year-over-year).
- 2019: Revenue of $94K, expenses of $65K, and assets of $234K (revenue +14.8% year-over-year).
- 2018: Revenue of $82K, expenses of $70K, and assets of $205K (revenue -1.2% year-over-year).
- 2017: Revenue of $83K, expenses of $71K, and assets of $219K (revenue +10.3% year-over-year).
- 2016: Revenue of $75K, expenses of $65K, and assets of $184K (revenue +4.5% year-over-year).
- 2015: Revenue of $72K, expenses of $60K, and assets of $167K (revenue -3.0% year-over-year).
- 2014: Revenue of $74K, expenses of $59K, and assets of $120K (revenue +11.9% year-over-year).
- 2013: Revenue of $66K, expenses of $64K, and assets of $105K (revenue +3.0% year-over-year).
- 2012: Revenue of $64K, expenses of $58K, and assets of $103K (revenue +9.3% year-over-year).
- 2011: Revenue of $59K, expenses of $65K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Professional Firefighters Of Salem Local 2892:
Data Sources and Methodology
This transparency report for Professional Firefighters Of Salem Local 2892 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.