Overview
What is Four Oaks Volunteer Fire Department Inc?
Four Oaks Volunteer Fire Department Inc is a nonprofit organization situated in Four Oaks, North Carolina. With a primary focus on firefighting services, they also offer safety training to the local community and the surrounding areas. Operating as a volunteer fire department, they receive substantial support from both the government and the public. Their mission is deeply rooted in ensuring the safety of their community, and they achieve this through their dedicated team of volunteers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars
The Four Oaks Volunteer Fire Department Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its overall financial health and accountability practices. With an overall score of 54%, the organization demonstrates strengths in governance, particularly with a fully independent board and comprehensive policies in place for conflict of interest and whistleblowing.
Despite these strengths, the organization struggles with its financial performance metrics, including a low program expense ratio of 47.33%, which suggests that less than half of its expenditures directly support its mission-related activities. Additionally, the liabilities to assets ratio of 24.22% raises concerns about financial stability and effective resource management.
While Four Oaks Volunteer Fire Department Inc shows dedication to accountability through its independent governance and solid policy framework, its financial challenges may affect its ability to fulfill its mission effectively. Stakeholders should consider these factors when evaluating the organization's operational effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Four Oaks Volunteer Fire Department Inc legitimate?
Four Oaks Volunteer Fire Department Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Four Oaks Volunteer Fire Department 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 Four Oaks Volunteer Fire Department Inc?
The Four Oaks Volunteer Fire Department Inc serves as a volunteer entity, receiving substantial support from both the government and the public. Their mission is centered around providing essential firefighting services and safety training to the citizens of Four Oaks and its surrounding community. The department's goal is to safeguard the well-being of its residents by responding to emergencies and equipping them with necessary safety know-how.
What is the revenue of Four Oaks Volunteer Fire Department Inc?
Four Oaks Volunteer Fire Department Inc's revenue in 2024 was $899,885.
Who are the executives of Four Oaks Volunteer Fire Department Inc and what are their salaries?
There 80 volunteers at Four Oaks Volunteer Fire Department Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Four Oaks Volunteer Fire Department Inc?
Four Oaks Volunteer Fire Department Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Four Oaks Volunteer Fire Department Inc
Four Oaks Volunteer Fire Department Inc serves as a vital resource for its community, operating as a volunteer fire department that relies on substantial government and public support. Its primary mission is to provide essential firefighting services and safety training to the citizens of Four Oaks and its surrounding areas. This nonprofit organization is dedicated to safeguarding lives and properties, ensuring that its community is well-equipped to face potential fire hazards and emergencies. Moreover, the Four Oaks Volunteer Fire Department Inc goes beyond firefighting, offering comprehensive safety training to its community members, empowering them with the knowledge and skills necessary to respond effectively in crisis situations.
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Impact
July, 2024
Four Oaks Volunteer Fire Department Inc's impact lies in its crucial role in providing firefighting services and safety training to the citizens of Four Oaks and the surrounding community. This volunteer fire department receives substantial government and public support, enabling it to effectively respond to emergencies and protect lives and property. By dedicating their time and skills to ensuring public safety, the members of Four Oaks Volunteer Fire Department Inc play a crucial role in safeguarding the community and saving lives in times of crisis.
This information is meant to be a general summary of Four Oaks Volunteer Fire Department 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 2024.
- Investment Income: $11,673
- Program Service Revenue: $805,574
- Gross Receipts: $899,885
Assets and Liabilities:
- Total Assets: $4,498,357
- Total Liabilities: $1,211,642
- Net Assets: $3,286,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WYNN FIRE DISTRICT
Revenue
$518,474
ADDITIONAL SUPPLEMENT
Revenue
$194,754
MOTOR VEHICLE TAX
Revenue
$78,318
SALES TAX REFUND
Revenue
$10,393
MOTOR FUEL TAX REFUND
Revenue
$2,389
Organization Details
Principal Officer
Charles B Stanley
NTEE Category
Code: M24Z - Public safety
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