Overview
What is Lanesborough Volunteer Firemen's Association?
The Lanesborough Volunteer Firemen's Association is a dedicated nonprofit organization, situated in an unspecified location. Their primary mission is to establish a volunteer workforce, ready to respond to fires and emergency situations. To promote public safety and awareness, they collaborate with local agencies to organize educational events, known as "safe days." The association's primary activity revolves around volunteer fire services, ensuring they remain prepared to serve their community in times of need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47%
The Lanesborough Volunteer Firemen's Association has received a low overall score of 47%, resulting in a Zero-Star out of Four Star rating. This score reflects significant concerns primarily in the Accountability & Finance category, indicating a lack of sufficient program expenses relative to total expenditures. While the organization has strong governance features such as a fully independent board and robust conflict of interest and whistleblower policies, the financial metrics suggest a need for improvement in how funds are allocated towards its mission.
Strengths include a fully independent board comprised of four members and a commitment to transparency, as evidenced by documented board meeting minutes. The organization has no reported issues regarding material diversion of assets. However, these positive attributes are overshadowed by a concerning program expense ratio of only 18.47%, indicating that a large portion of resources may not be directed towards its core activities.
The liabilities to assets ratio of 0.00% is a positive indicator of financial stability, but it does not compensate for the low program spending. Overall, the Lanesborough Volunteer Firemen's Association demonstrates good governance practices but must significantly improve its financial management to better serve its community and enhance its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Lanesborough Volunteer Firemen's Association legitimate?
Lanesborough Volunteer Firemen's Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lanesborough Volunteer Firemen's Association 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lanesborough Volunteer Firemen's Association?
The Lanesborough Volunteer Firemen's Association's mission is centered around providing volunteer fire services. Their primary goal is to establish a dedicated volunteer workforce capable of responding to fires and emergency situations. Furthermore, they strive to promote public safety and awareness by organizing community educational events, often in collaboration with local agencies. These events, referred to as "safe" days, aim to educate the public on various safety measures. The association's mission also encompasses volunteer fire services.
What is the revenue of Lanesborough Volunteer Firemen's Association?
Lanesborough Volunteer Firemen's Association's revenue in 2024 was $53,124.
Who are the executives of Lanesborough Volunteer Firemen's Association and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lanesborough Volunteer Firemen's Association?
Lanesborough Volunteer Firemen's Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lanesborough Volunteer Firemen's Association
The Lanesborough Volunteer Firemen's Association is dedicated to establishing a volunteer workforce that is prepared to handle fires and emergency situations. This non-profit organization goes beyond just firefighting; it also strives to promote public safety and awareness. It achieves this by organizing community educational events, often in collaboration with local agencies. These events aim to educate the public on safety measures, thereby contributing to a safer community. The Lanesborough Volunteer Firemen's Association's mission is centered around volunteer fire services, ensuring that they are always ready to respond when needed, and simultaneously raising awareness about safety.
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Impact
August, 2024
The impact of the Lanesborough Volunteer Firemen's Association is significant in promoting public safety and awareness within the community of Lanesborough, MA. Through establishing a volunteer workforce to respond to fires and emergency situations, the association plays a crucial role in ensuring the safety and well-being of local residents. Additionally, by sponsoring community educational "safe" days in collaboration with local agencies, the association further enhances public awareness and preparedness for potential emergencies. Overall, the Lanesborough Volunteer Firemen's Association's efforts contribute to a safer and more resilient community.
This information is meant to be a general summary of Lanesborough Volunteer Firemen's Association. 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: $9,658
- Gross Receipts: $376,332
Assets and Liabilities:
- Total Assets: $425,154
- Total Liabilities: $0
- Net Assets: $425,154
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Organization Details
Founding Year
1997
Principal Officer
Peter Pannesco
NTEE Category
Code: M24 - Public safety
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