False Alarm Reduction Association
- Assets
- $70.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 52-2038303
Organization Overview
False Alarm Reduction Association is located in Rockville, MD. The organization was established in 1997. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. False Alarm Reduction Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, False Alarm Reduction Association generated $12.6k 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 (13.1%) each year. All expenses for the organization totaled $21.3k during the year ending 12/2022. 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
ANNUAL SYMPOSIUM - TRAINING SYMPOSIUMS ARE DESIGNED TO BE BENEFICIAL FOR ALL SEGMENTS OF THE FALSE ALARM PUZZLE INCLUDING PUBLIC SAFETY PERSONNEL, ALARM INDUSTRY REPRESENTATIVES, ALARM USERS, VENDORS AND ALL OTHERS WHO CAN HELP TO DEVELOP AND MANAGE SUCCESSFUL FALSE ALARM REDUCTION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alberto Hook President | 5 | $0 | |
Sherry Herd Vice President | 2 | $0 | |
Vincent Ferraris Secretary | 2 | $0 | |
Alicia Vela Treasurer | 2 | $0 | |
Kelly Ryan Associate Director | 2 | $0 | |
Jordon Brown Electronic Security Associ | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $100 |
| Membership dues | $12,497 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,602 |
| 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 | $20,240 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,055 |
| Total expenses | $21,295 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,212 |
| Other assets | $0 |
| Total assets | $70,312 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,312 |