Monterey Firefighters Community Foundation

Nonprofit profile at a glance

EIN
843387259
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Marina, CA, USA
Phone
4087104900
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Fire Prevention

Reported finances

Revenue
$84,620
Expenses
$92,877
Assets
$210,739
Liabilities
$17,196

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

Leadership & pay

8 people listed

Executive titles in this filing

  • ROSS POUNDS (PRESIDENT)
  • PHILLIP BEZOUSKA (VICE PRESIDENT)
  • KENNY HUTCHINSON (VICE PRESIDENT)
  • RAUL PANTOJA (CEO)

Highest reported compensation

  • MATT MURPHY (COO): $6,000 total reported compensation
  • RAUL PANTOJA (CEO): $3,000 total reported compensation
  • TREVOR RACKLEY (CFO): $3,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation educates local community members and visitors of the community about fire prevention and safety through the development and implementation of community outreach events, putting community members and visitors in direct contact with monterey firefighters.

What it reported doing in 2024

We engage in fundraisers and community events to help our community get to know our local firefighters while improving upon public education regarding fire prevention and fire safety. We seek to educate, engage and empower the community regarding fire prevention and fire safety. Our activities include fundraising, organizing community events, distributing wildfire relief funds and providing accurate and up to date fire information and resources. Over 1,000 community members were served during the 4th of july pancake breakfast. 5 various donations were made to children's organizations totaling over $2,500. Hosted 5 successful community events, providing entertainment and food for a total of approximately 2,500 people. Hosted our inaugural firefighter charity ball at the marriott.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. 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: 43
  • Transparency & Controls: 85
  • Accountability: 45
  • Sustainability: 36
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.4%; rating input score 44
  • Program expense ratio: 40.4%; rating input score 40
  • Fundraising efficiency: $7.6 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 26th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 77.7%; rating input score 78; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 62.5%; rating input score 62; 21st percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -9.8%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 2.27; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 12.9%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.3% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 37.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 44.4% of revenue deployed · 40.4% of spending went to programs
  • Governance: 5 of 8 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $38K in reported program spending
  • Leadership: top reported pay $6K · 8 people listed
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 40/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.