Boring Volunteer Fire Company Inc
Nonprofit profile at a glance
- EIN
- 521097640
- IRS 990 coverage
- 2010–2016
- Forms available
- Form 990 2016
- Location
- Boring, MD, USA
- Phone
- 4103746288
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fire Prevention
Reported finances
- Revenue
- $213,456
- Expenses
- $130,720
- Assets
- $4,261,729
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Henry Horner IV (President)
- Kyle Shropshire (1st Vice President)
- Alex Haslacker (2nd Vice President)
People named in this filing
- Samuel M Wesley Jr (Treasurer)
- William Belt (Trustee)
- James Bosley (Trustee)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Since 1907, over 100 years the Boring Volunteer Fire Department has been serving its community and neighboring communities with dedication, loyalty and compassion. Our service to the community is made up of 100% volunteers, dedicated men and women some serving as long as 70 years. We will proudly continue to serve our community, and thank all those who have supported us through the years and look forward to your continued support, whether it be through a donation, becoming a volunteer yourself, or supporting one of our events.
What it reported doing in 2016
Boring Vol. Fire Co. provides fire protection and community service volunteer within Baltimore County. The fire company responds to over 126 fire calls and over 80 medical calls during the year. The area of coverage is approx. 30 sq. miles.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 90
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.6%; rating input score 74
- Program expense ratio: 98.8%; rating input score 99
- Fundraising efficiency: $52.05 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 38.8%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 32.6; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: -6.6% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -4.4% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 73.6% of revenue deployed · 98.8% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $129K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2010 to 2016
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.