Overview
What is Malvern Fire Company?
The Malvern Fire Company, situated in Malvern, Pennsylvania, serves as a vital community resource. As a nonprofit organization, they primarily focus on providing volunteer firefighting services and emergency aid. With a dedicated team of 36 volunteers, they extend their reach beyond just firefighting, offering various emergency-related services to the community. The company's mission is to ensure the safety and wellbeing of their community, always ready to respond in times of crisis.
Official website here: www.malvernfireco.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating
Malvern Fire Company has received a low rating of 54% from Charity Navigator, indicating significant concerns with accountability and financial transparency. The organization's board lacks independent members, which is a critical factor in governance and oversight. Additionally, there are several missing policies related to conflict of interest and whistleblower protections, raising questions about the organization's adherence to best practices.
Despite these concerns, the organization demonstrates a strong commitment to its core mission, as evidenced by a high program expense ratio of 98.18%. This suggests that a significant portion of its budget is directed towards its programs, which is a positive aspect when evaluating its effectiveness in serving the community. However, the lack of financial statements and transparency in governance remains a notable limitation.
Overall, while Malvern Fire Company appears to effectively allocate its resources towards its programs, the absence of independent oversight and critical governance policies may hinder its credibility and trustworthiness. Prospective supporters may want to consider these factors when deciding to engage with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Malvern Fire Company legitimate?
Malvern Fire Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malvern Fire Company 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: $10,257
Other Salaries and Wages: $630,168
For more financial information, click here
Official website here: www.malvernfireco.com
What is the mission statement of Malvern Fire Company?
The Malvern Fire Company is dedicated to serving its community by providing volunteer firefighting and various emergency-related services. Their mission encompasses offering volunteer firefighting assistance, ambulance services, and addressing a range of emergency situations. The company's purpose is to ensure the well-being and safety of its community members during times of crisis.
Official website here: www.malvernfireco.com
What is the revenue of Malvern Fire Company?
Malvern Fire Company's revenue in 2023 was $1,261,313.
Official website here: www.malvernfireco.com
Who are the executives of Malvern Fire Company and what are their salaries?
The average compensation at Malvern Fire Company during 2023 was $17,505. There are 36 employees and 25 volunteers at Malvern Fire Company.
Here are 8 key members and their salaries:
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Official website here: www.malvernfireco.com
Where can I find the form 990 for Malvern Fire Company?
Malvern Fire Company's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.malvernfireco.com
Learn more at the official website: www.malvernfireco.com
Mission Statement of Malvern Fire Company
The Malvern Fire Company, as a dedicated organization, is committed to providing volunteer firefighting and various emergency-related services for the community. Their mission is steadfastly focused on ensuring the safety and well-being of the community members during crisis situations by offering volunteer firefighting services. Beyond firefighting, they also extend their support through an ambulance service, addressing a broad spectrum of emergency needs within the community.
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Impact
October, 2024
Malvern Fire Company plays a crucial role in ensuring the safety and well-being of the Malvern community. By providing volunteer firefighting and emergency medical services, it helps protect lives and property from the threat of fires and medical emergencies. Their dedicated team of volunteers is trained to respond effectively to various emergencies, offering swift intervention when every second counts.
Additionally, Malvern Fire Company fosters community engagement by raising awareness about fire safety and emergency preparedness, enhancing the overall resilience of the community. Their commitment to public safety not only provides immediate response capabilities but also instills a sense of security among residents, knowing that trained volunteers are ready to serve in times of need.
This information is meant to be a general summary of Malvern Fire Company. 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: $5,957
- Program Service Revenue: $619,667
- Gross Receipts: $1,266,661
Assets and Liabilities:
- Total Assets: $2,892,295
- Total Liabilities: $311,330
- Net Assets: $2,580,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMBULANCE BILLING
Revenue
$547,925
AMBULANCE SUBSCRIPTIONS
Revenue
$67,301
FIRE COMPANY BILLING
Revenue
$4,441
Organization Details
Founding Year
1888
Principal Officer
Paul Marziani
Website
www.malvernfireco.comNTEE Category
Code: M24Z - Public safety
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