Fallston Volunteer Fire And Ambulance Co Inc is located in Fallston, MD. 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. Fallston Volunteer Fire And Ambulance Co 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 06/2022, Fallston Volunteer Fire And Ambulance Co Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTEER FIRE, RESCUE, AND EMERGENCY MEDICAL SERVICES PROVIDER. ASSISTING LOCAL COMMUNITIES OF FALLSTON. ALSO PROVIDES MUTUAL AID TO SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRE, RESCUE, AND EMERGENCY MEDICAL SERVICE.
VOLUNTEER FIRE, RESCUE, AND EMERGENCY MEDICAL SERVICES PROVIDER. ASSISTING LOCAL COMMUNITIES OF FALLSTON. ALSO PROVIDES MUTUAL AID TO SURROUNDING COMMUNITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Gibbons President | OfficerTrustee | $0 | |
Michael Hayden Vice Preside | OfficerTrustee | $0 | |
Laura Woods Recording Se | OfficerTrustee | $0 | |
Elizabeth Schrode Treasurer | OfficerTrustee | $0 | |
Gary Zamerski Corresp. Sec | Trustee | $0 | |
John Ripley Associate Di | Trustee | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,779 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $771,571 |
| All other contributions, gifts, grants, and similar amounts not included above | $199,470 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $972,820 |
| Total Program Service Revenue | $507,233 |
| Investment income | $974 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,027 |
| Net Gain/Loss on Asset Sales | $67,580 |
| Net Income from Fundraising Events | $53,640 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,615,274 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $25,511 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,555 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,577 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $443,260 |
| Insurance | $69,175 |
| All other expenses | $184,914 |
| Total functional expenses | $1,255,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,193,289 |
| Savings and temporary cash investments | $327,221 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,631 |
| 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 | $33,733 |
| Net Land, buildings, and equipment | $3,117,507 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,783,381 |
| Accounts payable and accrued expenses | $28,042 |
| Grants payable | $0 |
| Deferred revenue | $192,015 |
| 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 | $592,559 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,695 |
| Total liabilities | $817,311 |
| Net assets without donor restrictions | $3,966,070 |
| 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 | $4,783,381 |