Overview
What is Bannertown Volunteer Fire Dept Inc?
Bannertown Volunteer Fire Dept Inc is a nonprofit organization situated in MT AIRY, North Carolina. With a small team of three dedicated individuals, they offer fire and rescue services without charge to the residents within their service district. The organization's primary mission is to ensure the safety and well-being of the community by providing emergency assistance during crises. They operate without seeking any financial compensation, demonstrating their commitment to serving the community they reside in.
What are the reviews and ratings of this charity?
71% Rating from Charity Navigator
Bannertown Volunteer Fire Dept Inc has received a Two-Star out of Four Star rating from Charity Navigator, primarily reflecting its accountability and financial health. The organization demonstrates strong governance practices, with 100% of its board members being independent, which suggests a commitment to transparency and ethical oversight.
Financially, Bannertown Volunteer Fire Dept Inc shows positive indicators, including a very high program expense ratio of 97.04%, indicating that a significant portion of its funds are directed toward its programs. Additionally, there are no material asset diversions reported, and the organization has a favorable liabilities to assets ratio of 11.40%, which points to sound financial management.
Despite these strengths, the overall rating suggests there may be areas for improvement in the organization's operational effectiveness or broader transparency practices to enhance its standing further among charitable organizations. Continued focus on accountability will be essential for building trust with supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bannertown Volunteer Fire Dept Inc legitimate?
Bannertown Volunteer Fire Dept Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bannertown Volunteer Fire Dept Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Bannertown Volunteer Fire Dept Inc?
The Bannertown Volunteer Fire Dept Inc is committed to providing essential fire and rescue services to the local community without charging its residents. This mission is carried out with the objective of ensuring the safety and well-being of the district's residents in times of emergency. The department's activities are centered around swift response and delivery of these vital services, ensuring that the community has access to necessary aid when needed. The dedication of the Bannertown Volunteer Fire Dept Inc lies in its unwavering commitment to serve its community free of charge, demonstrating a strong sense of community service and care.
What is the revenue of Bannertown Volunteer Fire Dept Inc?
Bannertown Volunteer Fire Dept Inc's revenue in 2024 was $818,117.
Who are the executives of Bannertown Volunteer Fire Dept Inc and what are their salaries?
The average compensation at Bannertown Volunteer Fire Dept Inc during 2024 was $12,442. There are 3 employees and 32 volunteers at Bannertown Volunteer Fire Dept Inc.
Here are 12 key members and their salaries:
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Where can I find the form 990 for Bannertown Volunteer Fire Dept Inc?
Bannertown Volunteer Fire Dept Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Bannertown Volunteer Fire Dept Inc
Bannertown Volunteer Fire Dept Inc, a nonprofit organization, is dedicated to providing essential fire and rescue services without charging the residents within its service district. The mission of this volunteer-driven organization is centered around ensuring the safety and well-being of its community members during emergencies. By offering these critical services at no cost, Bannertown Volunteer Fire Dept Inc demonstrates its commitment to the people it serves, prioritizing their needs over financial gain. Through its selfless efforts, the department strives to foster a sense of security and trust within the community, thereby enhancing the overall quality of life for its residents.
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Impact
July, 2024
The impact of Bannertown Volunteer Fire Dept Inc is significant in ensuring public safety within its service district. By providing fire and rescue services without charge to the residents of the area, the organization plays a crucial role in protecting lives and property during emergencies. Their dedication to serving the community in times of need contributes directly to the overall well-being and safety of the residents in Mt Airy, NC.
This information is meant to be a general summary of Bannertown Volunteer Fire Dept Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $16,646
- Gross Receipts: $818,117
Assets and Liabilities:
- Total Assets: $2,517,121
- Total Liabilities: $287,143
- Net Assets: $2,229,978
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Organization Details
Founding Year
1963
Principal Officer
Andrea Freeman
NTEE Category
Code: M24 - Public safety
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