Overview
What is Lay Lake Volunteer Fire Department?
The Lay Lake Volunteer Fire Department, located at 716 Heasletts Road, Childersburg, Alabama 35044, is a dedicated nonprofit organization. Its primary mission is to safeguard the community, aiming to minimize property damage and save lives during fires. The department also utilizes equipment to rescue individuals involved in accidents. Their income sources include normal taxes, donations, and commission fees. In 2021, their actual expenses amounted to $38,886, with an additional $23,725 for depreciation purposes. For 2022, the total expenses are projected to reach $101,497. The department operates with the selfless dedication of its volunteers, providing essential services to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star Rating)
The Lay Lake Volunteer Fire Department has received a Zero-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is derived solely from its Accountability & Finance beacon, suggesting that there are critical deficiencies in transparency and governance. While the organization does have an independent board with full compliance in independent membership and no material diversion of assets, there are several key areas where it falls short.
The nonprofit scores poorly in essential policies and practices, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, it failed to provide its website on the tax form or post required financial documents online. These omissions raise flags about the organization's commitment to best practices in nonprofit governance and transparency.
Despite some strengths in board independence and asset management, the overall deficiencies in critical policies and public accessibility of information may hinder trust and support from potential donors. Without addressing these significant gaps, the Lay Lake Volunteer Fire Department may face challenges in securing future funding and community support.
This AI summary has been generated from information found on Charity Navigator.
Is Lay Lake Volunteer Fire Department legitimate?
Lay Lake Volunteer Fire Department is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lay Lake Volunteer Fire Department 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 Lay Lake Volunteer Fire Department?
The Lay Lake Volunteer Fire Department's mission is centered around providing protection for a specific area. Their primary goal is to minimize damage or loss of life due to fires. Additionally, they are equipped to rescue individuals from accidents. Their mission is aimed at reducing the impact of unexpected incidents, thereby ensuring the safety of the community. The department relies on various sources of income, including taxes, donations, and commission fees, to fund its operations. However, the provided information does not detail the specific activities or programs they undertake beyond these core responsibilities.
Who is the CEO of Lay Lake Volunteer Fire Department?
Unavailable
What is the revenue of Lay Lake Volunteer Fire Department?
Lay Lake Volunteer Fire Department's revenue in 2022 was $68,112.
Who are the executives of Lay Lake Volunteer Fire Department and what are their salaries?
There 7 volunteers at Lay Lake Volunteer Fire Department.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lay Lake Volunteer Fire Department?
Lay Lake Volunteer Fire Department's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lay Lake Volunteer Fire Department
Lay Lake Volunteer Fire Department, a dedicated organization, is committed to providing protection for its community with the hope of reducing damages or loss of life due to fires. Additionally, the department utilizes its equipment to rescue individuals from accidents. The primary mission of Lay Lake Volunteer Fire Department is to act as a safeguard for its area, striving to minimize the impact of fires and accidents. By doing so, the department aims to save lives and preserve property, serving as a vital resource for its community in times of emergency.
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Impact
August, 2024
The Lay Lake Volunteer Fire Department plays a crucial role in enhancing public safety and protecting the community in Childersburg, Alabama. By providing protection for the area and responding to emergencies, they play a vital role in reducing damages or loss of life caused by fires and accidents. Through their dedication, expertise, and use of specialized equipment, they are instrumental in ensuring the safety and well-being of residents in their service area. Their impact extends beyond just fighting fires; they also contribute to rescue efforts during accidents, further safeguarding individuals in distress. The selfless service of the Lay Lake Volunteer Fire Department significantly contributes to the resilience and security of the community they serve.
This information is meant to be a general summary of Lay Lake Volunteer Fire Department. 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: $217
- Gross Receipts: $68,112
Assets and Liabilities:
- Total Assets: $614,420
- Total Liabilities: $0
- Net Assets: $614,420
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Organization Details
Founding Year
1990
Main Address
716 HEASLETTS ROAD, Childersburg, AL, 35044
NTEE Category
Code: M24Z - Public safety
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