Overview
What is Bloomfield Township Fire Department Charities Inc?
Bloomfield Township Fire Department Charities Inc, based in Bloomfield Hills, Michigan, is a nonprofit organization that raises funds for various public safety, health, and community-related charities. Their mission, in accordance with Section 501(C)(3) of the Internal Revenue Code of 1986, or any future corresponding provisions, is to contribute to religious, scientific, educational, and charitable causes. Their primary objective is to administer these funds for the betterment of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Bloomfield Township Fire Department Charities Inc has earned an 80% rating from Charity Navigator, representing a solid Three-Star evaluation. This score is derived entirely from its Accountability & Finance metrics, which indicates a strong emphasis on how the organization manages its financial resources and compliance.
One of the strengths of the organization is its governance structure, featuring a board composed entirely of independent members, which enhances its accountability. Additionally, the charity demonstrates fiscal responsibility with a zero liability to assets ratio and an impressive program expense ratio of 86.85%, indicating that a significant portion of its funds goes directly toward its charitable programs.
However, while the financials are robust, the evaluation is primarily focused on accountability and finance, with no additional metrics considered in the overall rating. This singular focus could suggest limitations in assessing other vital aspects of the organization's impact or effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bloomfield Township Fire Department Charities Inc legitimate?
Bloomfield Township Fire Department Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomfield Township Fire Department Charities 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: $0
For more financial information, click here
What is the mission statement of Bloomfield Township Fire Department Charities Inc?
The Bloomfield Township Fire Department Charities Inc, as per its mission statement, is committed to collecting and managing funds for religious, scientific, educational, and charitable purposes, falling under the category of Section 501(C)(3) of the Internal Revenue Code of 1986, or any future corresponding provisions. This organization aims to contribute to various public safety, health, and community-related charities. In simpler terms, Bloomfield Township Fire Department Charities Inc serves to collect and distribute funds to organizations that align with religious, scientific, educational, and charitable purposes, promoting the betterment of their communities.
Who is the CEO of Bloomfield Township Fire Department Charities Inc?
Mike Sova is the President of Bloomfield Township Fire Department Charities Inc.
What is the revenue of Bloomfield Township Fire Department Charities Inc?
Bloomfield Township Fire Department Charities Inc's revenue in 2022 was $89,776.
Who are the executives of Bloomfield Township Fire Department Charities Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Bloomfield Township Fire Department Charities Inc?
Bloomfield Township Fire Department Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bloomfield Township Fire Department Charities Inc
Bloomfield Township Fire Department Charities Inc is a nonprofit organization dedicated to supporting various charitable causes. Its mission, as stated in a manner that is both descriptive and paraphrased, is to receive and administer funds for purposes that fall under the categories of religious, scientific, educational, and charitable. This mission aligns with Section 501(C)(3) of the Internal Revenue Code of 1986 or any future corresponding provisions in the US IRC. The organization's objective is to contribute to the betterment of public safety, health, and the community at large by channeling these funds towards deserving charities.
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Impact
October, 2024
Bloomfield Township Fire Department Charities Inc has a significant impact on the community by raising funds to support various public safety, health, and community-related initiatives. These efforts provide essential resources and support to organizations that address critical needs within the Bloomfield Hills area. By administering funds for religious, scientific, educational, and charitable purposes, the organization plays a crucial role in enhancing community welfare and safety. The charity's contributions not only promote public health and safety but also foster community engagement and support, ensuring that vital services and programs can thrive. In addition, their work encourages a culture of philanthropy, inspiring others to participate in supporting local initiatives that benefit the greater good.
This information is meant to be a general summary of Bloomfield Township Fire Department Charities 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: $3,709
- Gross Receipts: $125,255
Assets and Liabilities:
- Total Assets: $247,393
- Total Liabilities: $0
- Net Assets: $247,393
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Organization Details
Founding Year
1998
Phone
(248) 433-7745Principal Officer
Mike Sova
Main Address
4200 TELEGRAPH RD, BLOOMFIELD HILLS, MI, 48302
NTEE Category
Code: T31 - Philanthropy
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