East Norwich Volunteer Fire Co No 1 In
Nonprofit profile at a glance
- EIN
- 112342902
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- East Norwich, NY, USA
- Phone
- 5169220263
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,524,666
- Expenses
- $1,619,509
- Assets
- $6,254,865
- Liabilities
- $798,545
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- CHRISTOPHER VELSOR (PRESIDENT)
- THOMAS AASHEIM (VICE PRESIDENT)
Highest reported compensation
- ROBERT FULLER (SECRETARY): $6,600 total reported compensation
- JEFFREY SHOEMAKER (RECORDING SECRETARY): $6,600 total reported compensation
- FRANK LA BELLA (TREASURER): $6,600 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the social welfare and well-being of the community in the form of fire fighting, fire protection, fire safety, fire education and emergency medical services to a governmental entity.
What it reported doing in 2024
To provide fire rescue and emergency services to the community.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 89% 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.9%; rating input score 99
- Program expense ratio: 90.3%; rating input score 90
- Fundraising efficiency: Limited
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: 1 of 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.2%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 3.86; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 98.9% of revenue deployed · 90.3% of spending went to programs
- Governance: 15 of 15 board members independent · 1 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $7K · 15 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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.
- High — Accountability: Governance controls: 7 of 8 not reported.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.