Lone Oak Volunteer Fire Department
- Assets
- $152.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Signal Mountain, TN
- Founding
- 10/2016
- Data as of
- 12/2023
- EIN
- 81-4035839
Organization Overview
Lone Oak Volunteer Fire Department is located in Signal Mountain, TN. The organization was established in 2016. 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. Lone Oak Volunteer Fire Department 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 12/2023, Lone Oak Volunteer Fire Department generated $69.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $74.7k during the year ending 12/2023. While expenses have increased by 13.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LONE OAK VOLUNTEER FIRE DEPARTMENT PROVIDES FIRE PROTECTION AND FIRE PREVENTION TO THE COMMUNITY. IN ADDITION FIRST RESPONDER LEVEL CARE IS PROVIDED ON EVERY CALL FOR MEDICAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3
THE LONE OAK VOLUNTEER FIRE DEPARTMENT CURRENTLY IS RESPONDING TO OVER 125 CALLS FOR SERVICE A YEAR.
THE LONE OAK VOLUNTEER FIRE DEPARTMENT CURRENTLY IS RESPONDING TO OVER 125 CALLS FOR SERVICE A YEAR.
IN 2017 THE LONE OAK VOLUNTEER FIRE DEPARTMENT PREPARED 42 FOOD BOXES FOR 37 FAMILIES IN THE COMMUNITY. ADDITIONALLY CHILDREN'S GIFTS WERE OBTAINED, WRAPPED AND DELIVERED TO 64 CHILDREN.
IN 2017 THE LONE OAK VOLUNTEER FIRE DEPARTMENT PREPARED 42 FOOD BOXES FOR 37 FAMILIES IN THE COMMUNITY. ADDITIONALLY CHILDREN'S GIFTS WERE OBTAINED, WRAPPED AND DELIVERED TO 64 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Boyd Veal President | 1 | $0 | |
Sharon Erland Secretary | 1 | $0 | |
Rob Mcmahon Treasurer | 1 | $0 | |
Dana Clift Fire Chief | 10 | $0 | |
John Kowalski Vice President | 10 | $0 | |
Donna Wright Lieutenant | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,545 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,545 |
| 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 | $362 |
| Occupancy, rent, utilities, and maintenance | $53 |
| Printing, publications, postage, and shipping | $761 |
| Other expenses | $73,572 |
| Total expenses | $74,748 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,215 |
| Other assets | $0 |
| Total assets | $152,259 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,259 |