Overview
What is The Volunteer Fire Department Of Prospect Inc?
The Volunteer Fire Department of Prospect Inc, situated in Prospect, Connecticut, is a nonprofit organization dedicated to ensuring the safety and well-being of its community. Their primary mission involves providing essential fire and emergency services, including 911 coverage, to the town of Prospect. Their operations extend beyond just firefighting, encompassing various programs aimed at fire protection and emergency response. The department's contributions also involve managing depreciation, suggesting they are responsible for maintaining and updating their equipment and facilities to ensure continued effectiveness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Volunteer Fire Department of Prospect Inc has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and transparency. The organization has no independent board members, and it is noted that essential financial documents, such as tax forms, are not published on its website. These factors contribute to the overall low score in the Accountability & Finance category.
Despite the governance issues highlighted, the organization has managed to maintain a high program expense ratio of 89.20%, which suggests that a substantial portion of its funds is directed toward its mission-related activities. However, the lack of basic policies such as conflict of interest and whistleblower protections raises red flags about its internal governance and operational practices.
Overall, while The Volunteer Fire Department of Prospect Inc demonstrates a commitment to its core operations through a strong program expense ratio, the serious deficiencies in governance and financial transparency warrant caution for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Volunteer Fire Department Of Prospect Inc legitimate?
The Volunteer Fire Department Of Prospect Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Volunteer Fire Department Of Prospect 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,781
For more financial information, click here
What is the mission statement of The Volunteer Fire Department Of Prospect Inc?
The Volunteer Fire Department of Prospect Inc. is committed to providing fire and emergency services, extending beyond just 911 coverage, for the community they serve. Their primary objective is to ensure the safety and well-being of the residents in the event of emergencies. The department's programs encompass fire protection and emergency response, contributing significantly to safeguarding lives and properties. Additionally, they manage resources to mitigate the depreciation associated with their operations.
Who is the CEO of The Volunteer Fire Department Of Prospect Inc?
Mike Guastaferri is the Fire Chief of The Volunteer Fire Department Of Prospect Inc.
What is the revenue of The Volunteer Fire Department Of Prospect Inc?
The Volunteer Fire Department Of Prospect Inc's revenue in 2023 was $528,440.
Who are the executives of The Volunteer Fire Department Of Prospect Inc and what are their salaries?
The average compensation at The Volunteer Fire Department Of Prospect Inc during 2023 was $28,781. There is 1 employee and 70 volunteers at The Volunteer Fire Department Of Prospect Inc.
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 The Volunteer Fire Department Of Prospect Inc?
The Volunteer Fire Department Of Prospect Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Volunteer Fire Department Of Prospect Inc
The Volunteer Fire Department of Prospect, a commendable organization, is dedicated to providing vital fire and emergency services. This includes offering 911 coverage, ensuring the safety and well-being of the community in Prospect, Connecticut. Their mission is multifaceted, encompassing the delivery of fire protection and emergency responses whenever needed. Their programs are designed to cater to these necessities, further emphasizing their commitment to upholding public safety. Additionally, the department manages depreciation-related matters, demonstrating their meticulous and responsible management of resources.
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Impact
July, 2024
The Volunteer Fire Department of Prospect Inc has a crucial impact on the town of Prospect, CT. They provide essential fire and emergency services, including 911 coverage, ensuring the safety and well-being of the community. By responding to emergencies swiftly and effectively, they protect lives, property, and the environment. Their dedication to public safety is evident in their mission to provide vital services in times of need.
This information is meant to be a general summary of The Volunteer Fire Department Of Prospect 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 2023.
- Investment Income: $13
- Gross Receipts: $560,048
Assets and Liabilities:
- Total Assets: $686,789
- Total Liabilities: $13,423
- Net Assets: $673,366
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Organization Details
Founding Year
1945
Phone
(203) 774-3492Principal Officer
Mike Guastaferri
Main Address
PO BOX 7001, PROSPECT, CT, 067120001
NTEE Category
Code: M24 - Public safety
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