Firefighters Charitable Foundation Inc
- Assets
- $853.5k
- Revenue
- $3.6m
- Investments
- $93.2k
- Employees
- 4
- Location
- Farmingdale, NY
- Founding
- 04/1992
- Data as of
- 12/2022
- EIN
- 65-0258322
Organization Overview
Firefighters Charitable Foundation Inc is located in Farmingdale, NY. The organization was established in 1992. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2022, Firefighters Charitable Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Firefighters Charitable Foundation 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 12/2022, Firefighters Charitable Foundation Inc generated $3.6m 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 (6.8%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 years. 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
THE PRIMARY FOCUS IS TO PROVIDE MUCH NEEDED FINANCIAL ASSISTANCE FOR MEDICAL CARE, SUSTENANCE, HOUSING, MEDICAL SUPPLIES, EQUIPMENT AND EDUCATIONAL SCHOLARSHIPS TO INDIVIDUALS, FAMILIES AND CHILDREN WHO HAVE BEEN AFFECTED BY A FIRE OR DISASTER. THE FOUNDATION ALSO PROVIDES FINANCIAL ASSISTANCE TO FAMILIES OF FORMER FIRE SERVICE PERSONNEL IN NEED, AND PROVIDES DIRECT AID AND/OR FUNDS FOR FIRE SAFETY AND BURN PREVENTION EDUCATION AND AWARENESS AND TO SUPPORT OTHER DISASTER OR PREVENTION RELATED CHARITIES, INSTITUTIONS AND VOLUNTEER FIRE DEPARTMENTS. THE FOUNDATION ALSO HAS A NATIONWIDE VOLUNTEER BRIGADE THAT ACTS AS THEIR EYES AND EARS TO IDENTIFY THOSE IN CRITICAL NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED DIRECT AID TO APPROXIMATELY 94 QUALIFIED FIRE VICTIMS AND THEIR FAMILIES TO ASSIST WITH MEDICAL CARE, HOUSING, REHABILITATION, FOOD AND CLOTHING. THE ORGANIZATION GRANTED FUNDS TO APPROXIMATELY 294 INSTITUTIONS. THESE INSTITUTIONS ARE COMPRISED OF VOLUNTEER FIRE DEPARTMENTS, BURN CENTERS, OTHER FIRE PREVENTION RELATED ORGANIZATIONS AND OTHER CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Tepedino President | OfficerTrustee | 40 | $130,000 |
Lori Tepedino Secy/treasurer | OfficerTrustee | 5 | $20,000 |
Tom Sherlock Vice President-S. Region | OfficerTrustee | 10 | $0 |
Anthony Lorini Director | Trustee | 1 | $0 |
Frank Nocerino Vice President-N. Region | OfficerTrustee | 5 | $0 |
Fred Cambria Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aegis3 Fundraising | 12/30/22 | $918,277 |
Good Merits Fundraising | 12/30/22 | $433,735 |
Aegis Fundraising | 12/30/22 | $565,857 |
Midwest Publishing Inc Fundraising | 12/30/22 | $406,133 |
Public Appeal Fundraising | 12/30/22 | $385,306 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $52,585 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,569,762 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,622,347 |
| Total Program Service Revenue | $0 |
| Investment income | $2,927 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$26,730 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,598,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,326 |
| Grants and other assistance to domestic individuals. | $69,782 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,000 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,000 |
| Pension plan accruals and contributions | $50,000 |
| Other employee benefits | $28,492 |
| Payroll taxes | $22,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,632 |
| Fees for services: Accounting | $74,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,859,419 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,605 |
| Advertising and promotion | $5,573 |
| Office expenses | $23,737 |
| Information technology | $17,653 |
| Royalties | $0 |
| Occupancy | $28,650 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,166 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $362 |
| Insurance | $17,125 |
| All other expenses | $11,300 |
| Total functional expenses | $3,638,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $459,334 |
| Savings and temporary cash investments | $264,606 |
| Pledges and grants receivable | $6,205 |
| Accounts receivable, net | $13,208 |
| 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 | $13,897 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $93,206 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $853,456 |
| Accounts payable and accrued expenses | $346,577 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $138,055 |
| Total liabilities | $484,632 |
| Net assets without donor restrictions | $368,824 |
| Net assets with donor restrictions | $0 |
| 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 | $853,456 |