Railway Systems Suppliers Inc
Railway Systems Suppliers Inc consistently operates with a surplus and growing assets, reporting no officer compensation.
EIN: 132595348 · Jacksonville, FL · Updated: 2026-03-28
Is Railway Systems Suppliers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Railway Systems Suppliers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Railway Systems Suppliers Inc
Railway Systems Suppliers Inc (EIN: 132595348) is a nonprofit organization based in Jacksonville, FL. The organization reported total revenue of $3.7M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Railway Systems Suppliers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Railway Systems Suppliers Inc is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$186K |
| Total Assets | $5.4M |
| Total Liabilities | $184K |
| Net Assets | $5.2M |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 51.8 months |
Financial Health Grade: A
In 2023, Railway Systems Suppliers Inc reported a surplus of $186K with revenue exceeding expenses, holds 51.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Railway Systems Suppliers Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.3% | +10.4% | +7.3% |
| 2022 | +39.2% | +18.6% | -2.3% |
| 2021 | +66.7% | +107.4% | +5.3% |
| 2020 | -59.0% | -58.5% | +7.0% |
| 2019 | +22.6% | +16.6% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
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 Railway Systems Suppliers Inc with a Mission Score of 85 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Railway Systems Suppliers Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $186K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that the organization's leadership may be entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is a positive indicator for resource allocation.
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 Railway Systems Suppliers Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data
- NTEE Code is unknown, limiting understanding of specific charitable purpose
Strengths
The following positive indicators were identified for Railway Systems Suppliers Inc:
- Consistent operating surpluses, indicating financial stability (e.g., $1,438,251 revenue vs. $1,252,168 expenses in 2023)
- Steady growth in net assets over the past decade (from $3.2M in 2014 to $5.4M in 2023)
- No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership
- Low liabilities relative to assets, indicating a strong balance sheet
- Positive net income in almost all reported periods, demonstrating sound financial management
Frequently Asked Questions about Railway Systems Suppliers Inc
Is Railway Systems Suppliers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Railway Systems Suppliers Inc (EIN: 132595348) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Railway Systems Suppliers Inc spend its money?
Railway Systems Suppliers Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Railway Systems Suppliers Inc tax-deductible?
Railway Systems Suppliers Inc is registered as a tax-exempt nonprofit (EIN: 132595348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does RSSI manage to operate without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation, which could mean that the organization's leadership is volunteer-based, or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990 form (e.g., through a management company or as employee salaries not classified as officers).
What are the specific program activities funded by RSSI's expenses?
The provided data does not detail the specific program activities. A full IRS 990 form would typically outline the organization's accomplishments and program service expenses in Part III, Statement of Program Service Accomplishments.
What is the primary source of RSSI's revenue?
The provided data only lists 'Revenue' without specifying its source (e.g., membership dues, convention fees, grants). A full IRS 990 form would detail revenue sources in Part VIII, Statement of Revenue.
Filing History
IRS 990 filing history for Railway Systems Suppliers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Railway Systems Suppliers Inc's revenue has grown by 6.4%, moving from $1.4M to $1.4M. Total assets increased by 118.8% over the same period, from $2.5M to $5.4M. Total functional expenses rose by 2.8%, from $1.2M to $1.3M. In its most recent filing year (2023), Railway Systems Suppliers Inc reported a surplus of $186K, with revenue exceeding expenses. The organization holds $184K in liabilities against $5.4M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $5.4M | $184K | — | View 990 |
| 2022 | $1.5M | $1.1M | $5.0M | $361K | — | View 990 |
| 2021 | $1.1M | $957K | $5.2M | $69K | — | — |
| 2020 | $641K | $461K | $4.9M | $90K | — | — |
| 2019 | $1.6M | $1.1M | $4.6M | $36K | — | View 990 |
| 2018 | $1.3M | $953K | $4.1M | $408K | — | View 990 |
| 2017 | $1.5M | $1.0M | $3.7M | $27K | — | View 990 |
| 2016 | $1.6M | $1.3M | $3.7M | $566K | — | View 990 |
| 2015 | $1.5M | $1.2M | $2.8M | $48K | — | View 990 |
| 2014 | $1.5M | $1.5M | $3.2M | $632K | — | View 990 |
| 2013 | $1.3M | $1.2M | $3.0M | $296K | — | View 990 |
| 2012 | $1.1M | $993K | $2.9M | $411K | — | View 990 |
| 2011 | $1.4M | $1.2M | $2.5M | $231K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $5.4M (revenue -3.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $5.0M (revenue +39.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $957K, and assets of $5.2M (revenue +66.7% year-over-year).
- 2020: Revenue of $641K, expenses of $461K, and assets of $4.9M (revenue -59.0% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.1M, and assets of $4.6M (revenue +22.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $953K, and assets of $4.1M (revenue -12.1% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.0M, and assets of $3.7M (revenue -10.2% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.3M, and assets of $3.7M (revenue +9.4% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $2.8M (revenue +1.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $3.2M (revenue +13.5% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $3.0M (revenue +16.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $993K, and assets of $2.9M (revenue -18.1% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.2M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Railway Systems Suppliers Inc:
Data Sources and Methodology
This transparency report for Railway Systems Suppliers Inc 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.