Lauderdale-by-the-sea Volunteer Fire Department

Nonprofit profile at a glance

EIN
020671186
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Fort Lauderdale, FL, USA
Phone
9548687776
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Fire Prevention

Reported finances

Revenue
$89
Expenses
$11,876
Assets
$360,497
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • STEVEN PAINE (PRESIDENT)

People named in this filing

  • JUDSON HOPPING (FIRE CHIEF)
  • STEVEN PAINE (PRESIDENT)
  • SCOTT COWLES (DIRECTOR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nbsp; objects nbsp; and nbsp; purposes nbsp; for nbsp; which nbsp; this nbsp; corporation nbsp; is nbsp; organized nbsp; are nbsp; exclusively nbsp; to nbsp; establish nbsp; maintain nbsp; operate nbsp; and nbsp; carry nbsp; on nbsp; a nbsp; volunteer nbsp; fire nbsp; department nbsp; and nbsp; fire nbsp; protection nbsp; service nbsp; within nbsp; lauderdale-by-the-sea nbsp; and nbsp; its nbsp; surrounding nbsp; communities nbsp; this nbsp; corporation nbsp; is nbsp; to nbsp; be nbsp; organized nbsp; and nbsp; operated nbsp; exclusively nbsp; for nbsp; the nbsp; prevention nbsp; of nbsp; fires nbsp; and nbsp; protection nbsp; of nbsp; life nbsp; and nbsp; property nbsp; from nbsp; loss nbsp; by nbsp; fire nbsp; to nbsp; carry nbsp; out nbsp; fire-prevention nbsp; and nbsp; fire-fighting nbsp; activities nbsp; and nbsp; protection nbsp; and nbsp; for nbsp; similar nbsp; purposes nbsp; beneficial nbsp; to nbsp; the nbsp; general nbsp; public nbsp; and nbsp; community

What it reported doing in 2024

Medical services

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 41
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • 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; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -13,243.8%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 30.36; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: -42.5% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -3.2% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.