Valley Forge Volunteer Fire Company is located in Valley Forge, PA. The organization was established in 2004. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2022, Valley Forge Volunteer Fire Company employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Forge Volunteer Fire Company is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Valley Forge Volunteer Fire Company generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 23.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PERFORM FIRE & RESCUE SERVICES AND EMERGENCY AMBULANCE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORM FIRE AND RESCUE SERVICES TO SCHUYLKILL TOWNSHIP, CHESTER COUNTY, PENNSYLVANIA
EMERGENCY AMBULANCE SERVICES TO SURROUNDING MUNICIPALITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rick Beittel Jr Vice President | Officer | 5 | $0 |
Evan Taylor Fire Chief | Officer | 5 | $0 |
Brian Crowe Recording Secretary | Officer | 5 | $120 |
Jessica Morrell Membership Secretary | Officer | 5 | $4,058 |
R Kimbel Colket Treasurer | Officer | 5 | $0 |
William T Fortmann President | Officer | 10 | $6,600 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $17,079 |
Fundraising events | $1,879 |
Related organizations | $0 |
Government grants | $595,618 |
All other contributions, gifts, grants, and similar amounts not included above | $196,683 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $811,259 |
Total Program Service Revenue | $1,085,860 |
Investment income | $23,739 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $13,430 |
Net Income from Fundraising Events | $143,373 |
Net Income from Gaming Activities | $73,427 |
Net Income from Sales of Inventory | $165,406 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,322,497 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,285,474 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $98,803 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $48,975 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $95,210 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $5,863 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $298,961 |
Insurance | $115,941 |
All other expenses | $90,539 |
Total functional expenses | $2,351,973 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $561,911 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,910,548 |
Investments—publicly traded securities | $950,964 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,423,423 |
Accounts payable and accrued expenses | $4,179 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $176,787 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $180,966 |
Net assets without donor restrictions | $3,213,760 |
Net assets with donor restrictions | $28,697 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,423,423 |