Overview
What is Thompson Hose Co?
Thompson Hose Co is a nonprofit organization, situated in the postal box area of Thompson, Pennsylvania. Its primary mission is to operate efficiently as a fire company and ambulance service, catering to the needs of its community. This entails providing essential fire and emergency medical services to ensure the safety and well-being of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Thompson Hose Co has received a low score of 54%, resulting in a One-Star rating primarily due to significant weaknesses in governance and transparency. The accountability and finance score is particularly low, with no independent board members and a lack of essential policies such as conflict of interest and whistleblower protections. While the organization does maintain documents from board meetings, it fails to post its financial documents on its website as required.
Despite these shortcomings, the nonprofit shows strength in its program expense ratio, indicating that a substantial majority of its resources are allocated toward programs rather than administrative costs. This is reflected in a high program expense ratio of 98.56%, suggesting effective use of funds in delivering its services. Additionally, it maintains a low liabilities to assets ratio of 36.78%, which could indicate a stable financial position.
Overall, while Thompson Hose Co demonstrates a commitment to program spending, its governance structures and transparency practices require significant improvement to enhance accountability and trustworthiness. Addressing these issues would be crucial for improving its rating and gaining greater public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Thompson Hose Co legitimate?
Thompson Hose Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thompson Hose Co 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: $5,255
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Thompson Hose Co?
Thompson Hose Co is committed to delivering reliable fire and ambulance services to its community. This mission is carried out through the operation of an efficient fire company and ambulance service organization, with the primary goal of ensuring the safety and well-being of the community members. The organization's activities are focused on providing swift and effective responses to emergencies, ensuring the community has access to essential life-saving services when needed. Thompson Hose Co also strives to maintain and upgrade its equipment and facilities to meet the evolving needs of the community, ensuring it remains capable of providing top-tier service.
What is the revenue of Thompson Hose Co?
Thompson Hose Co's revenue in 2023 was $453,760.
Who are the executives of Thompson Hose Co and what are their salaries?
There 50 volunteers at Thompson Hose Co.
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 Thompson Hose Co?
Thompson Hose Co's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Thompson Hose Co
Thompson Hose Co, as a community-focused organization, is dedicated to delivering both fire and ambulance services effectively. Their mission, in simpler terms, is to ensure the safety and well-being of the community they serve. They strive to operate an efficient fire company and ambulance service that meets the needs of their residents when emergencies arise. The company's primary goal is to run a reliable and trustworthy organization that the community can depend on in times of crisis.
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Impact
July, 2024
Thompson Hose Co plays a crucial role in ensuring public safety by providing fire and ambulance services to the community in THOMPSON, PA. Their efforts help protect lives and property in times of emergencies, contributing to the overall well-being and security of the residents in the area.
This information is meant to be a general summary of Thompson Hose Co. 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: $102
- Program Service Revenue: $304,781
- Gross Receipts: $507,254
Assets and Liabilities:
- Total Assets: $1,764,712
- Total Liabilities: $649,232
- Net Assets: $1,115,480
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ambulance Service
Revenue
$253,527
Pool Fill
Revenue
$6,254
Fire Service
Revenue
$45,000
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
1937
Principal Officer
Robert Conklin
NTEE Category
Code: M24 - Public safety
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