Overview
What is Kermit Volunteer Fire Dept Inc?
Kermit Volunteer Fire Dept Inc, located in Kermit, Texas, is a dedicated nonprofit organization. Their primary mission is to offer fire-fighting and rescue services to the community within the city limits. Over the years, they have responded to over 143 emergency situations, demonstrating their commitment to public safety. The department operates as a volunteer force, showcasing the community's unity and dedication to ensuring the well-being of its residents.
Official website here: www.not applicable
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43% (Zero-Star out of Four Star rating)
The Kermit Volunteer Fire Dept Inc has received a low rating of 43%, indicating significant concerns regarding its financial health and transparency. The organization has performed well in certain governance aspects, such as having a fully independent board and no material diversion of assets, both of which earned full scores. However, the overall low rating reflects critical weaknesses in its financial ratios and some missing policies, such as a whistleblower policy and document retention practices.
The program expense ratio stands at only 23.39%, suggesting that a minimal portion of their budget is allocated to actual program services, which raises questions about their operational efficiency. Additionally, while they have a low liabilities to assets ratio of 0.00%, this figure alone does not compensate for the apparent underinvestment in core programs. Transparency could also be improved, as some crucial documents are not readily available on their website.
Overall, while the Kermit Volunteer Fire Dept Inc meets certain governance standards, its financial performance and lack of key policies suggest a need for improvement to better serve its community and enhance trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Kermit Volunteer Fire Dept Inc legitimate?
Kermit Volunteer Fire Dept Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kermit 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:
Executive Compensation: $900
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.not applicable
What is the mission statement of Kermit Volunteer Fire Dept Inc?
The Kermit Volunteer Fire Dept Inc is dedicated to providing essential fire-fighting and rescue services in its capacity. Their mission is to respond to emergencies within their operational area, working tirelessly to ensure the safety and well-being of those in need. The department has demonstrated this commitment by actively participating in over 143 fire-fighting and rescue operations. Their primary objective is to offer immediate assistance during crises, thus playing a vital role in safeguarding their community.
Official website here: www.not applicable
Who is the CEO of Kermit Volunteer Fire Dept Inc?
Michael Thomas is the President of Kermit Volunteer Fire Dept Inc.
Official website here: www.not applicable
What is the revenue of Kermit Volunteer Fire Dept Inc?
Kermit Volunteer Fire Dept Inc's revenue in 2022 was $59,966.
Official website here: www.not applicable
Who are the executives of Kermit Volunteer Fire Dept Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.not applicable
Where can I find the form 990 for Kermit Volunteer Fire Dept Inc?
Kermit Volunteer Fire Dept Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.not applicable
Learn more at the official website: www.not applicable
Mission Statement of Kermit Volunteer Fire Dept Inc
Kermit Volunteer Fire Dept Inc, a dedicated organization, is committed to providing essential fire-fighting and rescue services in its area. Their primary mission is to safeguard the community of Kermit, Texas, by responding to over 143 emergency situations requiring fire-fighting or rescue services. This nonprofit's role is vital in ensuring the safety and well-being of its residents, demonstrating its unwavering dedication to serving its community.
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Impact
August, 2024
Kermit Volunteer Fire Dept Inc's impact is significant in providing essential fire-fighting and rescue services to the Kermit, Texas area. The department has been called upon to assist in over 143 fire-fighting and rescue efforts in and around the City of Kermit, demonstrating its crucial role in safeguarding the community's well-being and public safety.
This information is meant to be a general summary of Kermit 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 2022.
- Investment Income: $111
- Gross Receipts: $117,032
Assets and Liabilities:
- Total Assets: $226,347
- Total Liabilities: $0
- Net Assets: $226,347
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Organization Details
Founding Year
2007
Phone
(432) 556-3130Principal Officer
Michael Thomas
Main Address
P O Box 262, Kermit, TX, 79745
Website
www.not applicableNTEE Category
Code: M24 - Public safety
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