Overview
What is The Lisbon Volunteer Fire Company?
The Lisbon Volunteer Fire Company is a dedicated nonprofit organization situated in Lisbon, Maryland. Their primary objective is to offer both fire and ambulance services within the community. This volunteer-based organization is committed to ensuring the safety and well-being of its residents by providing prompt and efficient emergency response services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47% (Zero-Star out of Four Star rating)
The Lisbon Volunteer Fire Company has received a low score of 47% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While the organization demonstrates strong governance with a fully independent board, the lack of accessible financial statements and policies on conflict of interest and whistleblowing is troubling. The absence of these critical documents suggests potential issues in operational transparency.
Strengths noted include the board's complete independence and a favorable liabilities to assets ratio, reflecting some level of financial stability. However, the organization's program expense ratio is quite low, which raises questions about how efficiently it utilizes its funds in support of its mission. This could imply that a larger portion of its budget is not directed towards direct services or community impact.
Limitations in its financial reporting practices are particularly concerning, as the nonprofit has failed to meet several key criteria for transparency. The absence of important documents on their website, such as tax forms and retention policies, further highlights areas that need improvement for building trust with donors and the community. Overall, substantial changes are needed to enhance accountability and effectively serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Lisbon Volunteer Fire Company legitimate?
The Lisbon Volunteer Fire Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lisbon Volunteer 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: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Lisbon Volunteer Fire Company?
The Lisbon Volunteer Fire Company is dedicated to delivering essential fire and ambulance services. As a volunteer organization, their mission is to safeguard their community by responding to emergencies promptly and professionally. They are committed to protecting lives and properties, ensuring the well-being of those in need of their services. Additionally, they strive to maintain their readiness and proficiency through regular training and equipment upgrades.
What is the revenue of The Lisbon Volunteer Fire Company?
The Lisbon Volunteer Fire Company's revenue in 2024 was $293,912.
Who are the executives of The Lisbon Volunteer Fire Company and what are their salaries?
There 30 volunteers at The Lisbon Volunteer Fire Company.
Here are 10 key members and their salaries:
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Where can I find the form 990 for The Lisbon Volunteer Fire Company?
The Lisbon Volunteer Fire Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Lisbon Volunteer Fire Company
The Lisbon Volunteer Fire Company is a dedicated organization comprised of volunteer firefighters. Their primary mission is to extend vital fire and ambulance services to the community they serve. This nonprofit is committed to ensuring the safety and well-being of their community, demonstrating their unwavering dedication to their mission. By providing these essential services, the Lisbon Volunteer Fire Company plays a crucial role in safeguarding lives and properties.
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Impact
July, 2024
The Lisbon Volunteer Fire Company's impact is crucial in ensuring public safety in the city of Lisbon, MD. Their dedicated volunteer firefighters work tirelessly to provide fire and ambulance services to the community. Their mission to respond to emergencies and protect the lives and property of residents is vital in maintaining the well-being of individuals in times of crisis. The Lisbon Volunteer Fire Company plays a significant role in safeguarding the community and providing essential emergency services when needed.
This information is meant to be a general summary of The Lisbon Volunteer 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 2024.
- Program Service Revenue: $50,576
- Gross Receipts: $293,912
Assets and Liabilities:
- Total Assets: $9,041,181
- Total Liabilities: $4,246,900
- Net Assets: $4,794,281
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAILER INCOME
Revenue
$37,396
DONATION
Revenue
$11,350
LADIES AUXILIARY
Revenue
$1,830
Organization Details
Founding Year
1944
Principal Officer
Simone Rockstroh
NTEE Category
Code: M24 - Public safety
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