Overview
What is Newark Volunteer Fire Company?
Newark Volunteer Fire Company, situated in Newark, Maryland, is a dedicated volunteer organization specializing in firefighting and emergency rescue services. Their primary objective is to serve their community by ensuring public safety and providing assistance during crises. This selfless group of volunteers operates under the mission to deliver volunteer fire and rescue services, demonstrating their commitment to the well-being of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - 71%
The Newark Volunteer Fire Company has received a two-star rating from Charity Navigator, indicating a need for improvement in several key areas. While the organization has demonstrated strong governance with 100% independent board members and an excellent program expense ratio of 87.08%, it falls short in transparency and accountability due to missing financial statements and several key policies, including those related to conflict of interest and whistleblower protections.
The strengths of the organization include its effective program expense management and a healthy liabilities to assets ratio of 23.68%, suggesting that it is managing its financial obligations responsibly. However, the lack of published financial documents and policies may raise concerns regarding its operational transparency. The absence of these key financial disclosures can limit trust among stakeholders and potential donors.
Overall, while Newark Volunteer Fire Company exhibits solid programmatic performance, the evident gaps in financial transparency and policy documentation highlight areas that require attention. Addressing these limitations could significantly enhance the organization's credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Newark Volunteer Fire Company legitimate?
Newark Volunteer Fire Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark 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: $319,466
For more financial information, click here
What is the mission statement of Newark Volunteer Fire Company?
The Newark Volunteer Fire Company is a selfless organization dedicated to providing firefighting and rescue services. Their mission, as a volunteer entity, is primarily focused on emergency response and community safety. They operate with the goal of ensuring the well-being of their community, responding promptly and effectively to any fire or rescue situation that arises. The company relies on its dedicated volunteer members, who selflessly give their time and skills to protect their community.
What is the revenue of Newark Volunteer Fire Company?
Newark Volunteer Fire Company's revenue in 2023 was $670,694.
Who are the executives of Newark Volunteer Fire Company and what are their salaries?
The average compensation at Newark Volunteer Fire Company during 2023 was $12,779. There are 25 employees and 30 volunteers at Newark Volunteer Fire Company.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Newark Volunteer Fire Company?
Newark Volunteer Fire Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Newark Volunteer Fire Company
The Newark Volunteer Fire Company, a dedicated volunteer organization, is committed to providing firefighting and rescue services. Their primary mission is to serve as a volunteer fire and rescue unit, demonstrating a strong dedication to protecting communities and saving lives. This volunteer-led organization operates with the goal of ensuring public safety, responding promptly to emergencies, and offering assistance when needed.
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Impact
July, 2024
Newark Volunteer Fire Company's impact is crucial in ensuring public safety in Newark, Maryland. As a volunteer fire and rescue organization, they play a vital role in responding to emergencies, providing assistance during natural disasters, and offering educational programs to promote fire safety within the community. Their dedication and selfless service contribute significantly to the well-being and security of the residents in Newark.
This information is meant to be a general summary of Newark 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 2023.
- Investment Income: $2,871
- Program Service Revenue: $44,818
- Gross Receipts: $742,256
Assets and Liabilities:
- Total Assets: $2,005,358
- Total Liabilities: $13
- Net Assets: $2,005,345
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMBULANCE MEDICAL BILL
Revenue
$44,818
Organization Details
Founding Year
1929
Principal Officer
James Barbely
NTEE Category
Code: M24 - Public safety
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