Station Fire Memorial Foundation
EIN: 562382562 · Cranston, RI · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $46K |
| Net Assets | $1.2M |
Is Station Fire Memorial Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Station Fire Memorial Foundation
Station Fire Memorial Foundation (EIN: 562382562) is a nonprofit organization based in Cranston, RI, classified under NTEE code S20. The organization reported total revenue of $37K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Station Fire Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Station Fire Memorial Foundation is a micro nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $46K |
| Surplus / Deficit | $-18,038 |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | -64.3% |
| Months of Reserves | 314.8 months |
Financial Health Grade: B
In 2023, Station Fire Memorial Foundation reported a deficit of $18K with expenses exceeding revenue, holds 314.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Station Fire Memorial Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.7% | +31.3% | -1.5% |
| 2022 | -14.1% | -36.5% | -0.4% |
| 2021 | -19.6% | +6.3% | -1.6% |
| 2020 | -12.4% | -1.7% | -0.6% |
| 2019 | -39.4% | -34.1% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Station Fire Memorial Foundation 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 Station Fire Memorial Foundation 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 $18K, with expenses exceeding revenue.
Frequently Asked Questions about Station Fire Memorial Foundation
Is Station Fire Memorial Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Station Fire Memorial Foundation (EIN: 562382562) insufficient data. 0 red flags identified, 0 strengths noted.
How does Station Fire Memorial Foundation spend its money?
Detailed spending breakdown data is not yet available for Station Fire Memorial Foundation. Check back for updated IRS 990 analysis.
Are donations to Station Fire Memorial Foundation tax-deductible?
Station Fire Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 562382562). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Station Fire Memorial Foundation located?
Station Fire Memorial Foundation is headquartered in Cranston, Rhode Island and files with the IRS under EIN 562382562. It is classified under NTEE code S20.
How many years of IRS 990 filings does Station Fire Memorial Foundation have?
Station Fire Memorial Foundation has 11 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 $37K in total revenue.
Filing History
IRS 990 filing history for Station Fire Memorial Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Station Fire Memorial Foundation's revenue has declined by 75.3%, moving from $114K to $28K. Total assets increased by 391.9% over the same period, from $246K to $1.2M. Total functional expenses rose by 133%, from $20K to $46K. In its most recent filing year (2023), Station Fire Memorial Foundation reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $46K | $1.2M | $0 | — | — |
| 2022 | $30K | $35K | $1.2M | $0 | — | — |
| 2021 | $35K | $55K | $1.2M | $0 | — | — |
| 2020 | $44K | $52K | $1.3M | $0 | — | View 990 |
| 2019 | $50K | $53K | $1.3M | $0 | — | View 990 |
| 2018 | $83K | $80K | $1.3M | $0 | — | View 990 |
| 2017 | $314K | $62K | $1.3M | $0 | — | View 990 |
| 2016 | $360K | $807K | $370K | $0 | — | View 990 |
| 2015 | $549K | $63K | $764K | $0 | — | View 990 |
| 2014 | $61K | $29K | $278K | $0 | — | View 990 |
| 2013 | $114K | $20K | $246K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $46K, and assets of $1.2M (revenue -7.7% year-over-year).
- 2022: Revenue of $30K, expenses of $35K, and assets of $1.2M (revenue -14.1% year-over-year).
- 2021: Revenue of $35K, expenses of $55K, and assets of $1.2M (revenue -19.6% year-over-year).
- 2020: Revenue of $44K, expenses of $52K, and assets of $1.3M (revenue -12.4% year-over-year).
- 2019: Revenue of $50K, expenses of $53K, and assets of $1.3M (revenue -39.4% year-over-year).
- 2018: Revenue of $83K, expenses of $80K, and assets of $1.3M (revenue -73.6% year-over-year).
- 2017: Revenue of $314K, expenses of $62K, and assets of $1.3M (revenue -12.8% year-over-year).
- 2016: Revenue of $360K, expenses of $807K, and assets of $370K (revenue -34.4% year-over-year).
- 2015: Revenue of $549K, expenses of $63K, and assets of $764K (revenue +804.4% year-over-year).
- 2014: Revenue of $61K, expenses of $29K, and assets of $278K (revenue -46.6% year-over-year).
- 2013: Revenue of $114K, expenses of $20K, and assets of $246K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Station Fire Memorial Foundation:
Data Sources and Methodology
This transparency report for Station Fire Memorial Foundation 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.