Virginia Beach Fire Foundation

Nonprofit profile at a glance

EIN
862085969
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Virginia Beach, VA, USA
Phone
7572175095
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Safety Education

Reported finances

Revenue
$10,626
Expenses
$8,029
Assets
$31,737
Liabilities
$0

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

Leadership & pay

2 people listed

Executive titles in this filing

  • LORNA TRENT (EXECUTIVE DIRECTOR)

People named in this filing

  • LORNA TRENT (EXECUTIVE DIRECTOR)
  • JESSICA XENAKIS (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

Fund safety education programs and risk reduction

What it reported doing in 2024

To provide car seats and installation services throughout the community

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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

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: 54
  • Transparency & Controls: 82
  • Sustainability: 74
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.3%; rating input score 48
  • Program expense ratio: 63.9%; rating input score 64

Transparency & Controls

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

Sustainability

  • Operating margin: 24.4%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 3.95; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -5.5% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -6.4% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: 52.2% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 48.3% of revenue deployed · 63.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $5K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 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 — Financial Efficiency: Mission deployment rate scored 48/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.