Raeford Vol Firefighters Assoc Inc

Nonprofit profile at a glance

EIN
270331036
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Raeford, NC, USA
Phone
9108755150
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Fire Prevention

Reported finances

Revenue
$32,003
Expenses
$23,962
Assets
$308,440
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • DICKIE RAY LIPPARD (PRESIDENT)
  • WAYNE WILLIS (VICE PRESIDENT)

People named in this filing

  • DICKIE RAY LIPPARD (PRESIDENT)
  • WAYNE WILLIS (VICE PRESIDENT)
  • MARK GENTRY (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Protect and enhance the high quality of life for the citizens and visitors of the city of raeford from the adverse effects of natural and manmade emergencies. To provide fire protection through emergency response, fire code application and public fire education.

What it reported doing in 2024

Members of the organization aid and assist the fire department of the city of raeford in its activities and endeavors including: a) fire-fighting responsibilities. Members of the organization are active members of the raeford fire department and respond to fires within the city when called. B) fire-fighting training and education. The organizaiton is reponsible for maintaining records of all qualified training as defined by the state of North Carolina for each member. The organization also sponsors periodic education events for training purposes. C) safety and prevention. The organization is responsible for working with city of raeford municipal employees to inform citizens through community events about fire protection and safety within the city.

Operating model

Revenue model
Grant-funded. 80% of the money available for current operations came from government grants.
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.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Accountability: 76
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80%; rating input score 80
  • Program expense ratio: 100%; rating input score 100
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 25.1%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 12.87; rating input score 69; 69th 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: 2.4% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 80% of revenue deployed · 100% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $24K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 14 filing years from 2011 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.