Overview
What is Takoma Park Fire Department Incorporated?
Takoma Park Fire Department Incorporated is a nonprofit organization situated in Takoma Park, Maryland. Their primary mission is to provide financial support to the Takoma Park Volunteer Fire Department, ensuring they can deliver essential fire suppression, emergency medical, and educational services to the local community and surrounding areas. By raising funds, this organization plays a crucial role in enhancing the safety and well-being of the public in Takoma Park and its vicinity.
Official website here: www.takomaparkfire.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (70%, Two-Star out of Four Star rating)
The Takoma Park Fire Department Incorporated has received a "Needs Improvement" rating from Charity Navigator, indicating areas where the organization could enhance its performance and transparency. Despite achieving a perfect score in Accountability & Finance, the organization struggles with board independence, as there are no independent board members, which raises concerns regarding governance and oversight.
The nonprofit has demonstrated strong financial management, with a program expense ratio of 100%, signifying that all expenses are directed to its programs. Additionally, it maintains a good liabilities to assets ratio, which reflects financial stability. It also upholds several best practices, such as having listed policies for conflict of interest and document retention.
However, the absence of a whistleblower policy is a significant gap in its governance practices. This lack of policy could potentially hinder transparency and accountability within the organization. While the Takoma Park Fire Department shows strengths in financial aspects, addressing its governance issues will be crucial for improving its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Takoma Park Fire Department Incorporated legitimate?
Takoma Park Fire Department Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Takoma Park Fire Department Incorporated 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
Official website here: www.takomaparkfire.org
What is the mission statement of Takoma Park Fire Department Incorporated?
The mission of Takoma Park Fire Department Incorporated is centered around providing financial support to the Takoma Park Volunteer Fire Department. This support enables the Volunteer Fire Department to deliver essential fire suppression, emergency medical, and educational services to the public in Takoma Park and surrounding areas in Maryland. By offering financial aid, Takoma Park Fire Department Incorporated contributes significantly to the safety and well-being of the community, ensuring that professional assistance is readily available in times of need.
Official website here: www.takomaparkfire.org
What is the revenue of Takoma Park Fire Department Incorporated?
Takoma Park Fire Department Incorporated's revenue in 2024 was $48,384.
Official website here: www.takomaparkfire.org
Who are the executives of Takoma Park Fire Department Incorporated and what are their salaries?
There 100 volunteers at Takoma Park Fire Department Incorporated.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.takomaparkfire.org
Where can I find the form 990 for Takoma Park Fire Department Incorporated?
Takoma Park Fire Department Incorporated's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.takomaparkfire.org
Learn more at the official website: www.takomaparkfire.org
Mission Statement of Takoma Park Fire Department Incorporated
Takoma Park Fire Department Incorporated is dedicated to supporting its volunteer counterpart, the Takoma Park Fire Department, financially. The organization's mission, in essence, is to ensure the provision of essential fire suppression, emergency medical, and educational services to the public within Takoma Park and its surrounding areas in Maryland. By offering financial assistance to Takoma Park Volunteer Fire Department, Inc., Takoma Park Fire Department Incorporated contributes to the overall safety and well-being of the community by enabling its volunteer fire department to carry out its duties effectively.
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Impact
August, 2024
The impact of Takoma Park Fire Department Incorporated is significant in providing fire suppression, emergency medical, and educational services to the public of Takoma Park and surrounding areas in Maryland. By raising funds to support the Takoma Park Volunteer Fire Department, the organization directly contributes to enhancing public safety and emergency response capabilities in the community. This support allows the fire department to maintain essential equipment, conduct training programs, and effectively serve the residents in times of need. The financial assistance provided by Takoma Park Fire Department Incorporated plays a crucial role in ensuring the continued operation and readiness of the volunteer fire department, ultimately making a positive impact on the safety and well-being of the community.
This information is meant to be a general summary of Takoma Park Fire Department Incorporated. 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 2024.
- Gross Receipts: $48,384
Assets and Liabilities:
- Total Assets: $29,466
- Total Liabilities: $380
- Net Assets: $29,086
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Organization Details
Founding Year
2014
Principal Officer
Elmer E Hamm
Website
www.takomaparkfire.orgNTEE Category
Code: M24 - Public safety
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