Thorofare Volunteer Fire Company No 1
- Assets
- $349.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Thorofare, NJ
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 22-2860440
Organization Overview
Thorofare Volunteer Fire Company No 1 is located in Thorofare, NJ. The organization was established in 1996. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thorofare Volunteer Fire Company No 1 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Thorofare Volunteer Fire Company No 1 generated $47.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $39.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PRESERVATION AND PROTECTION OF LIVES AND PROPERTY FROM AND DURING SUCH FIRES AND EMERGENCIES AS MAY OCCUR IN THOROFARE, WEST DEPTFORD TOWNSHIP, AND VICINITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Edmund Secretary | 1 | $0 | |
Richard Conte Treasurer | 1 | $0 | |
Bernie Korbell Jr Trustee | 1 | $0 | |
Phil Zimm Trustee | 1 | $0 | |
Robert Sloss President | 1 | $0 | |
Thomas Rieger Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,459 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $278 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,549 |
| Total Revenue | $47,286 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,447 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,683 |
| Total expenses | $39,130 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,665 |
| Other assets | $0 |
| Total assets | $349,866 |
| Total liabilities | $0 |
| Net assets or fund balances | $349,866 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lebanon Fire Department First Aid And Safety Patrol Lebanon, PA | $3,051,934 | $7,011,761 |
Christiana Fire Company Christiana, DE | $14,091,551 | $5,152,567 |
Seiu District 1201 Health & Welfare Fund Local 1201 Health & Welfare Fund Philadelphia, PA | $0 | $4,907,634 |
East Farmingdale Volunteer Fire Co Inc East Farmingdale, NY | $16,218,094 | $4,768,607 |
Plainview Volunteer Fire Dept Inc Plainview, NY | $40,057,209 | $5,342,646 |
Port Washington Fire Department Inc Port Washington, NY | $4,314,426 | $4,561,855 |
Bethlehem Township Volunteer Fire Co Bethlehem, PA | $5,249,491 | $3,862,334 |
Mill Creek Fire Company Wilmington, DE | $18,843,168 | $4,051,731 |
Talleyville Fire Co Wilmington, DE | $5,392,603 | $3,172,159 |
Adams Regional Emergency Medical Services Inc New Oxford, PA | $2,353,557 | $3,588,924 |
Goshen Fire Company West Chester, PA | $10,441,904 | $3,771,755 |
North Amityville Fire Company Inc Amityville, NY | $5,750,428 | $3,153,661 |