Overview
What is Lookout Fire Company 1?
Lookout Fire Company 1 is a dedicated nonprofit organization situated in Pen Argyl and its surrounding areas. Their primary mission is to combat fires and offer emergency assistance to the local community and businesses. The company is deeply committed to maintaining public safety and providing aid whenever needed. Their activities encompass firefighting and various emergency services, demonstrating their unwavering dedication to the community's well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%). The rating reflects a need for enhancement in accountability and financial practices. While the organization has achieved a program expense ratio of 94.51%, indicating a strong commitment to its mission, several governance practices require attention, particularly in transparency.
One significant strength of Lookout Fire Company 1 is its effective management of resources, as evidenced by a low liabilities to assets ratio of 7.10%. This suggests a stable financial position and efficient allocation of funds towards its programs. However, the organization has a relatively low percentage of independent board members at 42%, which could present potential conflicts of interest in decision-making processes.
Limitations identified include the absence of a whistleblower policy, document retention and destruction policies, and the lack of a website listed on its tax form. These gaps in governance policies could undermine trust among stakeholders and donors, highlighting the need for improvement in transparency and accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Lookout Fire Company 1 legitimate?
Lookout Fire Company #1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lookout Fire Company #1 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: $1,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lookout Fire Company 1?
Lookout Fire Company 1 is devoted to extinguishing fires and offering emergency services to the community residing in Pen Argyl and its surrounding areas. The company's primary objective is to maintain public safety and provide assistance whenever needed. They are committed to serving both residents and businesses in their area with dedication and professionalism. The company's mission reflects their unwavering commitment to protecting lives and properties, ensuring the well-being of their community.
Who is the CEO of Lookout Fire Company 1?
Dennis Miller is the President of Lookout Fire Company #1.
What is the revenue of Lookout Fire Company 1?
Lookout Fire Company 1's revenue in 2022 was $69,906.
Who are the executives of Lookout Fire Company 1 and what are their salaries?
There 47 volunteers at Lookout Fire Company 1.
Here are 4 key members and their salaries:
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
Where can I find the form 990 for Lookout Fire Company 1?
Lookout Fire Company 1's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lookout Fire Company 1
Lookout Fire Company 1, a dedicated organization, is primarily engaged in combating fires and offering emergency services. Situated in an unspecified location, this company extends its assistance to the people and businesses of Pen Argyl and its surrounding areas. Its primary objective is to prioritize community safety and provide necessary aid. The company's unwavering commitment to this mission underscores its role as a guardian and helper, ensuring that its community members can live and work with a sense of security.
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Impact
August, 2024
Lookout Fire Company 1 plays a crucial role in safeguarding the community of Pen Argyl and its surrounding areas by actively fighting fires and providing vital emergency services. Their commitment to ensuring the safety and well-being of residents and businesses is evident in their prompt response to crises and dedication to public safety. Lookout Fire Company 1's impact is felt deeply in the community as they serve as a frontline defense against fires and other emergencies, offering timely assistance when it is needed the most.
This information is meant to be a general summary of Lookout Fire Company 1. 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: -$25,656
- Gross Receipts: $204,572
Assets and Liabilities:
- Total Assets: $532,566
- Total Liabilities: $85,625
- Net Assets: $446,941
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Organization Details
Founding Year
1991
Phone
(610) 703-1412Principal Officer
Dennis Miller
Main Address
123 S MAIN STREET, PEN ARGYL, PA, 18072
NTEE Category
Code: M24 - Public safety
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