Overview
What is Black Oak Volunteer Fire Department Inc?
Black Oak Volunteer Fire Department Inc is a nonprofit organization situated in Vanceburg, Kentucky, with a postal code of 41179. This community-focused entity primarily serves the Black Oak area in Lewis County and approximately 1,000 residents, offering crucial fire and life-saving services. Their primary mission is to ensure the safety of their community by providing fire protection and emergency medical assistance. Their selfless work includes responding to fires, accidents, and other emergencies, aiming to protect lives and properties within their jurisdiction.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
The Black Oak Volunteer Fire Department Inc has received a low rating primarily due to its accountability and finance score, which stands at 33%. This rating is a significant indicator of the organization's performance in financial management and governance practices. Notably, while the board comprises 100% independent members and demonstrates no material diversion of assets, several critical governance policies, including those for conflict of interest and whistleblower protection, are missing.
The organization has documented board meeting minutes, which is a positive aspect of its governance practices. However, the absence of a website listed on tax forms and a lack of essential policies detracts from its overall accountability. Moreover, the high liabilities to assets ratio and low program expense ratio suggest potential concerns regarding financial health and resource allocation towards mission-driven activities. Overall, while there are strengths in board independence, significant areas for improvement are necessary for financial transparency and operational governance.
This AI summary has been generated from information found on Charity Navigator.
Is Black Oak Volunteer Fire Department Inc legitimate?
Black Oak Volunteer Fire Department Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Oak 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 Black Oak Volunteer Fire Department Inc?
The Black Oak Volunteer Fire Department Inc's primary mission is focused on delivering fire protection and life-saving services. Their objective is to safeguard lives and properties within their community, ensuring a sense of security. Their activities are centered around providing swift and efficient responses to emergencies, thus upholding their commitment to public safety. The department serves a community of approximately 1,000 residents in an undisclosed location.
Who is the CEO of Black Oak Volunteer Fire Department Inc?
Bill Tom Stone is the Board Member of Black Oak Volunteer Fire Department Inc.
What is the revenue of Black Oak Volunteer Fire Department Inc?
Black Oak Volunteer Fire Department Inc's revenue in 2023 was $82,867.
Who are the executives of Black Oak Volunteer Fire Department Inc and what are their salaries?
There 12 volunteers at Black Oak Volunteer Fire Department Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Black Oak Volunteer Fire Department Inc?
Black Oak Volunteer Fire Department Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Black Oak Volunteer Fire Department Inc
Black Oak Volunteer Fire Department Inc is dedicated to fulfilling a crucial mission in its community. At its core, the organization strives to provide essential fire protection and life-saving services. This mission is twofold, encompassing both the prevention and response to emergencies involving fire and the preservation of human life. By offering these services, Black Oak Volunteer Fire Department Inc plays a vital role in ensuring the safety and well-being of the approximately 1,000 residents in its community. Through its unwavering commitment and selfless service, the department has become a trusted and indispensable resource for the people of Black Oak, Lewis County, KY.
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Impact
October, 2024
The Black Oak Volunteer Fire Department Inc plays a crucial role in ensuring the safety and well-being of the Black Oak community in Lewis County, Kentucky. With a population of around 1,000 residents, the department's dedicated team provides essential fire protection and life-saving services that safeguard lives and property. By responding promptly to emergencies, conducting fire prevention education, and engaging with the community, the department significantly contributes to public safety and resilience in the area. Their commitment not only helps mitigate the risks associated with fire incidents but also fosters a stronger sense of security among residents, enhancing the overall quality of life in Vanceburg.
This information is meant to be a general summary of Black Oak 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 2023.
- Investment Income: $1
- Program Service Revenue: $64,466
- Gross Receipts: $82,867
Assets and Liabilities:
- Total Assets: $782,082
- Total Liabilities: $69,225
- Net Assets: $712,857
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Taxes Levied
Revenue
$64,466
Organization Details
Founding Year
1984
Phone
(606) 796-6065Principal Officer
Bill Tom Stone
Main Address
41 Industrial Park Road, Vanceburg, KY, 41179
NTEE Category
Code: M24 - Public safety
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