Plano Firefighters Association
Nonprofit profile at a glance
- EIN
- 751772093
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Plano, TX, USA
- Phone
- 9724265694
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $452,253
- Expenses
- $415,460
- Assets
- $797,361
- Liabilities
- $39,479
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- BRADFORD MCCUTCHEON (PRESIDENT)
Highest reported compensation
- BRADFORD MCCUTCHEON (PRESIDENT): $27,277 total reported compensation
- JOHN W HOLLAND (TREASURER): $23,382 total reported compensation
- NATHAN FISK (VICE PRESIDE): $15,585 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 plano firefighters association is a unified group of professional firefighters, whose mission is to promote fire safety, as well as assist its members with employment and health issues.
What it reported doing in 2024
The plano firefighters association holds an appreciation banquet annuully to honer the outstanding service of the firefighters. Many firefighters are recognized for their service to the community.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for member benefits.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.2%; rating input score 68
- Program expense ratio: 74.2%; rating input score 74
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 8.1%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 1.92; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 23.4%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 150% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 68.2% of revenue deployed · 74.2% of spending went to programs
- Governance: 5 of 5 board members independent · 1 of 9 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $27K · 5 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 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.
- Review — Sustainability: Operating margin scored 57/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.