Volunteer & Exempt Firemen's Benevolent of Jericho

Nonprofit profile at a glance

EIN
237198658
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Jericho, NY, USA
Phone
5164288114
Rating
55
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$67,241
Expenses
$122,872
Assets
$3,094,532
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • RICHARD SCHIRALDI (PRESIDENT)
  • STEPHEN BALKO (FIRST VICE PRESIDENT)
  • ANDREW SAUSMER (2ND VICE PRESIDENT)

People named in this filing

  • RICHARD SCHIRALDI (PRESIDENT)
  • STEPHEN BALKO (FIRST VICE PRESIDENT)
  • ANDREW SAUSMER (2ND VICE PRESIDENT)

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

Aid and assistance to our indigent / disabled members

What it reported doing in 2024

Good and welfare- payments of medical and family bills - mortgage, heat, loans, etc. (based upon a committee review for need) to sick and indigent active members, inactive members or widows.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 90
  • Accountability: 6
  • Sustainability: 50
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.7%; rating input score 42
  • Program expense ratio: 89.3%; rating input score 89
  • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -82.7%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 25.19; rating input score 83; 83rd 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: 63.9% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -3.9% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 41.7% of revenue deployed · 89.3% of spending went to programs
  • Governance: 0 of 5 board members independent · 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $110K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2020 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 42/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.