RIFLE CAMP VOLUNTEER FIRE COMPANY NO 3 INC
Mission Statement
To improve and safeguard the quality of life within the Borough of Woodland Park, the members ofRifle Camp Volunteer Fire Co3 guarantee to the citizens and visitors of Woodland Park that we will provide dependable service in a responsible fashion, while showing care and compassion for those in need. As public servants, our first and foremost duty is to serve the community. We will treat those we serve fairly, regardless of their race, color, creed, sex, age, lifestyle, national origin or economic status. We also insure that any service we provide adds value to our citizens/customers quality of life. We also recognize the individuality of everyone who works here. We will treat one another with respect, kindness and a sense of importance of teamwork. We should foster a spirit of excellence throughout the organization so that we may better serve our citizens.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
39.1% | 90.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
61.0% | 4.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 20.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
355.2 mo | 45.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
52.4% | 90.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
22.8% | 2.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
110.8% | -2.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
74.9% | 22.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $219K | $55K | $1.6M | 39.1% | 0 |
| 2023 | $179K | $26K | $1.5M | 13.5% | 0 |
| 2022 | $162K | $27K | $1.3M | 29.5% | 0 |
| 2021 | $133K | $32K | N/A | — | 0 |
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