Lvfd Inc
- Assets
- $123.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lowell, VT
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 84-3716749
Organization Overview
Lvfd Inc is located in Lowell, VT. The organization was established in 2019. 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. Lvfd 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 12/2023, Lvfd Inc generated $60.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $51.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Allen Fire Chief | 6 | $0 | |
Gerry Nick President | 4 | $0 | |
Jason Blais Vice-President | 4 | $0 | |
Alden Warner Treasurer | 4 | $0 | |
Marc Sicotte Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,025 |
| Total Program Service Revenue | $1,000 |
| Membership dues | $0 |
| Investment income | $18,609 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,634 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,440 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,046 |
| Printing, publications, postage, and shipping | $146 |
| Other expenses | $39,072 |
| Total expenses | $51,704 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,541 |
| Other assets | $0 |
| Total assets | $123,716 |
| Total liabilities | $5,482 |
| Net assets or fund balances | $118,234 |