Overview
What is Stony Point Volunteer Fire Dept?
The Stony Point Volunteer Fire Dept is a dedicated nonprofit organization situated within its community. Their primary objective is to ensure fire safety, achieving this through various preventive, protective, and control measures. By employing these strategies, they work tirelessly to safeguard their surrounding area from potential fire hazards. Their mission is crystal clear: to offer comprehensive fire protection services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 46%
Stony Point Volunteer Fire Dept has received a low score of 46%, resulting in a Zero-Star out of Four Star rating. This reflects concerns primarily centered around financial management and accountability. Although the organization has a fully independent board and maintains appropriate governance practices, the high liabilities to assets ratio and low program expense ratio indicate potential financial instability and inefficiencies that could affect its operational effectiveness.
The organization demonstrates strengths in its governance, with all board members being independent and maintaining comprehensive financial documents and policies to prevent conflicts of interest. These elements suggest a commitment to transparency and accountability in leadership. However, despite these positive aspects, the financial metrics raise red flags about the organization's ability to effectively utilize its resources for its intended mission.
Critics have noted that the low program expense ratio, at just 39.40%, indicates that a considerable portion of funds may not be directed towards programs that directly benefit the community. This can be a significant concern for donors and stakeholders looking to contribute to impactful initiatives. Overall, while Stony Point Volunteer Fire Dept shows governance strengths, its financial performance requires attention to ensure sustainability and mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Stony Point Volunteer Fire Dept legitimate?
Stony Point Volunteer Fire Dept is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stony Point Volunteer Fire Dept 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: $44,085
For more financial information, click here
What is the mission statement of Stony Point Volunteer Fire Dept?
The Stony Point Volunteer Fire Department is dedicated to ensuring the safety of its surrounding community. This is accomplished through various measures aimed at preventing, protecting against, and controlling fires. The department's mission is to provide fire protection services to its community, thereby safeguarding lives and properties. By implementing preventive measures, the department strives to minimize the occurrence of fires, and when incidents do occur, it is equipped to respond promptly and effectively to extinguish the fires and mitigate any damage.
Who is the CEO of Stony Point Volunteer Fire Dept?
Phillip Starnes is the Chairman Of The Board of Stony Point Volunteer Fire Dept.
What is the revenue of Stony Point Volunteer Fire Dept?
Stony Point Volunteer Fire Dept's revenue in 2023 was $766,627.
Who are the executives of Stony Point Volunteer Fire Dept and what are their salaries?
The average compensation at Stony Point Volunteer Fire Dept during 2023 was $6,298. There are 7 employees and 100 volunteers at Stony Point Volunteer Fire Dept.
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Where can I find the form 990 for Stony Point Volunteer Fire Dept?
Stony Point Volunteer Fire Dept's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Stony Point Volunteer Fire Dept
Stony Point Volunteer Fire Department is committed to safeguarding the community it serves. This nonprofit organization achieves this by implementing various measures aimed at preventing, protecting against, and controlling fires. By providing fire protection, Stony Point Volunteer Fire Department plays a vital role in ensuring the safety of its surrounding community.
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Impact
July, 2024
The impact of Stony Point Volunteer Fire Department is evident in their crucial role in providing fire protection to the surrounding community. Their dedication to fire prevention, protection, and control measures ensures the safety and well-being of the residents in Stony Point, NC. Through their efforts, they contribute significantly to public safety and emergency response in the area.
This information is meant to be a general summary of Stony Point Volunteer Fire Dept. 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: $87
- Gross Receipts: $766,627
Assets and Liabilities:
- Total Assets: $1,513,109
- Total Liabilities: $243,864
- Net Assets: $1,269,245
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Organization Details
Founding Year
1957
Principal Officer
Phillip Starnes
Main Address
POST OFFICE BOX 146, STONY POINT, NC, 28678
NTEE Category
Code: M24 - Public safety
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