The Franklin Fire Engine Company T A Franklin Fire Company No 1
EIN: 510232509 · Columbus, NJ
| Metric | Value |
|---|---|
| Total Revenue | $219K |
| Total Expenses | $184K |
| Net Assets | $87K |
Is The Franklin Fire Engine Company T A Franklin Fire Company No 1 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Franklin Fire Engine Company T A Franklin Fire Company No 1
The Franklin Fire Engine Company T A Franklin Fire Company No 1 (EIN: 510232509) is a nonprofit organization based in Columbus, NJ. The organization reported total revenue of $219K and total assets of $96K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Franklin Fire Engine Company T A Franklin Fire Company No 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Franklin Fire Engine Company T A Franklin Fire Company No 1 is a small nonprofit that has been operating for 47 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $184K |
| Surplus / Deficit | $-51,148 |
| Total Assets | $87K |
| Net Assets | $87K |
| Operating Margin | -38.6% |
| Months of Reserves | 5.7 months |
Financial Health Grade: B
In 2023, The Franklin Fire Engine Company T A Franklin Fire Company No 1 reported a deficit of $51K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2010–2023), The Franklin Fire Engine Company T A Franklin Fire Company No 1's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.3% | +50.7% | -37.0% |
| 2022 | -20.5% | -20.1% | +23.0% |
| 2021 | -50.3% | -61.8% | -64.5% |
| 2020 | -3.1% | +1.9% | -5.3% |
| 2019 | -26.0% | -4.7% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Franklin Fire Engine Company T A Franklin Fire Company No 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 The Franklin Fire Engine Company T A Franklin Fire Company No 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 $51K, with expenses exceeding revenue.
Frequently Asked Questions about The Franklin Fire Engine Company T A Franklin Fire Company No 1
Is The Franklin Fire Engine Company T A Franklin Fire Company No 1 a legitimate charity?
Based on AI analysis of IRS 990 filings, The Franklin Fire Engine Company T A Franklin Fire Company No 1 (EIN: 510232509) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Franklin Fire Engine Company T A Franklin Fire Company No 1 spend its money?
Detailed spending breakdown data is not yet available for The Franklin Fire Engine Company T A Franklin Fire Company No 1. Check back for updated IRS 990 analysis.
Are donations to The Franklin Fire Engine Company T A Franklin Fire Company No 1 tax-deductible?
The Franklin Fire Engine Company T A Franklin Fire Company No 1 is registered as a tax-exempt nonprofit (EIN: 510232509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Franklin Fire Engine Company T A Franklin Fire Company No 1 located?
The Franklin Fire Engine Company T A Franklin Fire Company No 1 is headquartered in Columbus, New Jersey and files with the IRS under EIN 510232509.
How many years of IRS 990 filings does The Franklin Fire Engine Company T A Franklin Fire Company No 1 have?
The Franklin Fire Engine Company T A Franklin Fire Company No 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 $219K in total revenue.
Filing History
IRS 990 filing history for The Franklin Fire Engine Company T A Franklin Fire Company No 1 showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), The Franklin Fire Engine Company T A Franklin Fire Company No 1's revenue has declined by 1.5%, moving from $135K to $133K. Total assets decreased by 69.6% over the same period, from $287K to $87K. Total functional expenses rose by 27.2%, from $144K to $184K. In its most recent filing year (2023), The Franklin Fire Engine Company T A Franklin Fire Company No 1 reported a deficit of $51K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $184K | $87K | $0 | — | View 990 |
| 2022 | $148K | $122K | $138K | $0 | — | View 990 |
| 2021 | $186K | $153K | $113K | $0 | — | View 990 |
| 2020 | $374K | $400K | $317K | $7K | — | View 990 |
| 2019 | $386K | $393K | $335K | $4K | — | View 990 |
| 2018 | $522K | $412K | $339K | $4K | — | View 990 |
| 2017 | $369K | $384K | $230K | $4K | — | View 990 |
| 2016 | $463K | $430K | $244K | $4K | — | View 990 |
| 2015 | $195K | $163K | $216K | $8K | — | View 990 |
| 2014 | $106K | $158K | $196K | $15K | — | View 990 |
| 2013 | $134K | $161K | $256K | $24K | — | View 990 |
| 2012 | $134K | $149K | $285K | $26K | — | View 990 |
| 2011 | $131K | $139K | $309K | $33K | — | View 990 |
| 2010 | $135K | $144K | $287K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $133K, expenses of $184K, and assets of $87K (revenue -10.3% year-over-year).
- 2022: Revenue of $148K, expenses of $122K, and assets of $138K (revenue -20.5% year-over-year).
- 2021: Revenue of $186K, expenses of $153K, and assets of $113K (revenue -50.3% year-over-year).
- 2020: Revenue of $374K, expenses of $400K, and assets of $317K (revenue -3.1% year-over-year).
- 2019: Revenue of $386K, expenses of $393K, and assets of $335K (revenue -26.0% year-over-year).
- 2018: Revenue of $522K, expenses of $412K, and assets of $339K (revenue +41.5% year-over-year).
- 2017: Revenue of $369K, expenses of $384K, and assets of $230K (revenue -20.3% year-over-year).
- 2016: Revenue of $463K, expenses of $430K, and assets of $244K (revenue +136.9% year-over-year).
- 2015: Revenue of $195K, expenses of $163K, and assets of $216K (revenue +84.5% year-over-year).
- 2014: Revenue of $106K, expenses of $158K, and assets of $196K (revenue -21.0% year-over-year).
- 2013: Revenue of $134K, expenses of $161K, and assets of $256K (revenue +0.2% year-over-year).
- 2012: Revenue of $134K, expenses of $149K, and assets of $285K (revenue +2.4% year-over-year).
- 2011: Revenue of $131K, expenses of $139K, and assets of $309K (revenue -2.9% year-over-year).
- 2010: Revenue of $135K, expenses of $144K, and assets of $287K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Franklin Fire Engine Company T A Franklin Fire Company No 1:
Data Sources and Methodology
This transparency report for The Franklin Fire Engine Company T A Franklin Fire Company No 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.