Polk Cofirefighters Benevolent Fund Inc

Nonprofit profile at a glance

EIN
352441911
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Lakeland, FL, USA
Phone
8636986126
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$7,388
Expenses
$2,620
Assets
$113,154

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JAY SCHWARTZ (PRESIDENT)

People named in this filing

  • JAY SCHWARTZ (PRESIDENT)
  • GARRETT PARNELL (VICE PRESIDE)
  • BLAISE DILLMAN (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The mission is to raise awareness in polk county of fire hazards and fire safety, provide educational opportunities to firefighters, provide free recreational opportunities for children who are burn victims, support other non-profits, provide smoke detectors and other low-cost fire safety equipment to low income polk county residents, and to assist firefighters or their families in a time of need.

What it reported doing in 2024

The mission is to raise awareness in polk county of fire hazards and fire safety, provide educational opportunities for firefighters, provide free recreational opportunities for children who are burn victims, support other non-profits, provide smoke detectors and other low-cost fire safety equipment to low income polk county residents, and assist firefighters or their families in a time of need.

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 63% for direct work, and 37% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.8%; rating input score 33
  • Program expense ratio: 92.2%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 64.5%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 43.19; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -10.4% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -4.2% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 13.9% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 32.8% of revenue deployed · 92.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 33/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.