Volunteer Firemen Of Magnolia Inc
- Assets
- $499.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Magnolia, OH
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 34-1266431
Organization Overview
Volunteer Firemen Of Magnolia Inc is located in Magnolia, OH. The organization was established in 2005. 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. Volunteer Firemen Of Magnolia Inc 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 12/2021, Volunteer Firemen Of Magnolia Inc generated $97.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $77.5k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PUBLIC SAFETY, DISASTER SERVICES, GENERAL/OTHER: PROVIDE FIRE PROTECTION SERVICES TO THE VILLAGE OF MAGNOLIA, ROSE TOWNSHIP, & AREAS OF SANDY TOWNSHIP. FIRE PREVENTION EDUCATION, FREE SMOKE DETECTOR GIVE AWAY TO NEEDY HOUSEHOLDS. PUBLIC EDUCATION (3 COMMUNITIES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Loomis President | 5 | $0 | |
Scott Eckinger Vice President | 5 | $0 | |
Jay Herstine Treasurer | 5 | $0 | |
Jeanine Rock Secretary | 5 | $0 | |
Joshua Lee Trustee | 5 | $0 | |
Don Nicholson Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,751 |
| Total Program Service Revenue | $83,073 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $610 |
| Net Income from Gaming & Fundraising | $3,728 |
| Other Revenue | $4,131 |
| Total Revenue | $97,311 |
| 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 | $18,281 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,252 |
| Total expenses | $77,533 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,502 |
| Other assets | $0 |
| Total assets | $499,872 |
| Total liabilities | $0 |
| Net assets or fund balances | $499,872 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Volunteer Firemen Of Magnolia Inc has recieved totaling $82,952.
| Awarding Organization | Amount |
|---|---|
Timken Foundation Of Canton Canton, OH PURPOSE: INTERIOR CONSTRUCTION AT NEW FIRE STATION | $41,476 |
Timken Foundation Of Canton Canton, OH PURPOSE: INTERIOR CONSTRUCTION AT NEW FIRE STATION | $41,476 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Toledo Fire Fighters Local 92 Health & Welfare Plan Toledo, OH | $8,389,913 | $8,995,774 |
Lebanon Fire Department First Aid And Safety Patrol Lebanon, PA | $3,051,934 | $7,011,761 |
Loveland-Symmes Fire Department Inc Loveland, OH | $996,779 | $6,556,437 |
Seiu District 1201 Health & Welfare Fund Local 1201 Health & Welfare Fund Philadelphia, PA | $0 | $4,907,634 |
Utica Township Volunteer Fire- Fighters Assn Utica, IN | $1,476,102 | $4,113,982 |
Bethlehem Township Volunteer Fire Co Bethlehem, PA | $5,249,491 | $3,862,334 |
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 |
National Fire Safety Council Inc Michigan Center, MI | $3,127,183 | $2,919,650 |
Scott Township Volunteer Fire Dept Evansville, IN | $1,446,262 | $3,137,788 |
Longwood Fire Co Kennett Square, PA | $4,772,548 | $2,762,295 |
Goodwill Steam Fire Engine Co-1 Pottstown, PA | $673,849 | $2,836,701 |