Overview
What is Drakes Branch Volunteer Fire Dept Inc?
Drakes Branch Volunteer Fire Dept Inc is a dedicated nonprofit organization situated in Drakes Branch, Virginia. Their primary role involves combating fires and ensuring the safety of their community. Beyond firefighting, they extend their services to the surrounding areas, offering vital support during emergencies. Their mission is deeply rooted in community service, aiming to protect and assist residents in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
Drakes Branch Volunteer Fire Dept Inc has received a low rating primarily due to its lack of accountability and transparency measures. With a score of 50%, the organization shows significant areas of concern, such as having no independent board members, which raises questions about governance. The absence of essential policies and documentation, including a conflict of interest policy and meeting minutes, further contributes to its low rating.
On the positive side, the organization demonstrates a strong financial commitment to its programs, with a program expense ratio of 92.36%. This indicates that the majority of its funds are directed towards its mission-related activities, which is a commendable aspect of its operations. Additionally, the organization has a favorable liabilities to assets ratio of 15.57%, suggesting it is managing its debts effectively.
However, the lack of a website and transparency about its operational policies could hinder its reputation and trustworthiness among potential donors and the community it serves. Addressing these governance issues will be crucial for Drakes Branch Volunteer Fire Dept Inc to improve its standing and enhance public confidence in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Drakes Branch Volunteer Fire Dept Inc legitimate?
Drakes Branch Volunteer Fire Dept Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drakes Branch Volunteer Fire Dept 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 Drakes Branch Volunteer Fire Dept Inc?
Drakes Branch Volunteer Fire Dept Inc is committed to combating fires and serving the community. Their primary role involves offering fire control services to protect the Town of Drakes Branch, Virginia, and its surrounding areas. Beyond firefighting, the department also extends its assistance to the community in various ways.
Who is the CEO of Drakes Branch Volunteer Fire Dept Inc?
Unavailable
What is the revenue of Drakes Branch Volunteer Fire Dept Inc?
Drakes Branch Volunteer Fire Dept Inc's revenue in 2022 was $164,078.
Who are the executives of Drakes Branch Volunteer Fire Dept Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Drakes Branch Volunteer Fire Dept Inc?
Drakes Branch Volunteer Fire Dept Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Drakes Branch Volunteer Fire Dept Inc
Drakes Branch Volunteer Fire Dept Inc plays a vital role in its community by dedicating its efforts to combating fires and offering assistance beyond fire control services. This nonprofit organization is committed to safeguarding the town of Drakes Branch, Virginia, and its surrounding areas. By providing firefighting services, Drakes Branch Volunteer Fire Dept Inc ensures the safety of its residents, protecting homes and properties from the destructive effects of fire. Moreover, the nonprofit extends its aid to the community by offering various forms of assistance, further emphasizing its commitment to the well-being of its residents.
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Impact
October, 2024
Drakes Branch Volunteer Fire Dept Inc plays a vital role in ensuring public safety by providing essential fire control services to the Town of Drakes Branch, Virginia, and its surrounding areas. The department is dedicated to fighting fires and assisting the community, which significantly enhances the safety and well-being of local residents. Their tireless efforts not only protect lives and property from the devastating effects of fires but also foster a sense of security and resilience within the community. By being available to respond to emergencies, they serve as a crucial lifeline during times of crisis, creating a safer environment for everyone in the region.
This information is meant to be a general summary of Drakes Branch Volunteer Fire Dept 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: $17
- Gross Receipts: $173,298
Assets and Liabilities:
- Total Assets: $693,765
- Total Liabilities: $108,043
- Net Assets: $585,722
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Organization Details
Phone
(434) 610-8487Main Address
Post Office Box 323, Drakes Branch, VA, 23937
NTEE Category
Code: M24 - Public safety
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