Is Lebanon Volunteer Fire Department Legit?

The Lebanon Volunteer Fire Department demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. Over the past decade, the organization has steadily grown its assets from $743,950 in 2014 to $1,138,757 in 2023, indicating sound financial management and accumulation of resources for its operations. While expenses occasionally exceeded revenue, such as in 2023 where expenses were $579,297 against revenue of $522,282, these fluctuations appear manageable within the context of its overall asset base and consistent revenue streams. The department's NTEE code (M24 - Fire Prevention & Control) aligns directly with its name and likely program activities. The organization exhibits excellent spending efficiency, particularly in its allocation of resources. With 0% reported officer compensation across all available filings, it suggests a volunteer-driven leadership model, which significantly reduces administrative overhead. This allows a greater proportion of funds to be directed towards direct program services. The absence of reported liabilities in most years further underscores a healthy financial position and responsible fiscal practices. The consistent filing of 990s over 13 periods also points to a good level of transparency. Overall, the Lebanon Volunteer Fire Department appears to be a well-managed and financially healthy organization, effectively utilizing its resources to serve its community. Its strong asset base, minimal liabilities, and volunteer leadership contribute to a highly efficient operational model, making it a reliable steward of public and donated funds.