Project Fire Buddies EIN 84-3955561

Project Fire Buddies

EIN  84-3955561 Public charity (501(c)(3)) Tinley Park, IL
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Firefighters support children battling critical illnesses with holiday gifts and community aid.
Leadership
Kurt Degroot · Chief Exec. · $13K
Money in and out
$863K revenue, $538K expenses
Bottom line
85% program efficiency

Firefighters support children battling critical illnesses with holiday gifts and community aid. For fiscal year 2023 it reported $863K in revenue, $538K in expenses, and $423K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$863K
Pt VIII · Ln 12
Total expenses
$538K
Pt IX · Ln 25
Net assets
$423K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $325K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.09 Fundraising $0.06
Program efficiency
85%
of spending reaches programs
Operating runway
13.9mo
months of highly liquid reserves at operating expense rate▼ -9% vs prior filing year
Surplus margin
+38%
revenue over expenses, this year▲ +59% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$863K
FY2023▲ +362%
Total revenue
$863K
Pt VIII · Ln 12
Total expenses
$538K
Pt IX · Ln 25
Net assets
$423K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$325K
Total assetsPt X · Ln 16$646K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $458K of program spending, described in the organization's own filed words · FY2023.
01

We want to provide as much assistance as possible to the families of our fire buddies. Providing gifts, once in a lifetime experiences, or needed medical devices are great ways that we help the families.

$458Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Fire Buddies
EINHdr · item D84-3955561
Principal addressHdr · item CTinley Park, IL
WebsiteHdr · item Jwww.projectfirebuddies.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P12)
Ruling yearIRS BMFJan 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Exec.
$13,455Pt VII · Sec A
Chief Oper.
$12,707Pt VII · Sec A
$11,212Pt VII · Sec A
Director
$0Pt VII · Sec A

Kurt Degroot’s $13K as Chief Exec. is at the 6th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants$589K · 68%
Other revenue$270K · 31%
Contributions & grants68%$589K
Other revenue31%$270K
Investment income$4K
Total revenueLn 12$863K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.09 Fundraising $0.06
Program services85%$458K
Management & general9%$48K
Fundraising6%$32K
Total functional expensesLn 25$538K

Balance Sheet

Part X · end of year
CashLn 1$625K
Total assetsLn 16$646K
Total liabilitiesLn 26$224K
Total net assetsLn 32$423K
Months of cash on handcomputed13.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $625K · Operating expenses/yr $538K
13.9 months
Where the money goes
Program services
Program services $458K · Total expenses $538K
85%
Management & General
Management & general $48K · Total expenses $538K
9%
Fundraising
Fundraising $32K · Total expenses $538K
6%
Cost to raise $1
Fundraising expense $32K · Solicited contributions $589K
$0.05 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $589K · Total revenue $863K
68%
Government reliance
Government grants — · Total revenue $863K
Earned-income share
Program service revenue $0 · Total revenue $863K
0%
Investment reliance
Investment income $4K · Total revenue $863K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $538K
0%
Growth & trend
Revenue growth (YoY)
This year $863K · Prior year $187K
+362%
Net-asset trend (YoY)
End of year $423K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $863K · Expenses $538K
+38%
Liabilities-to-Assets
Total liabilities — · Total assets $646K
Net-asset ratio
Net assets $423K · Total assets $646K
65%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $646K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kurt Degroot · Reported title CHIEF EXEC. · Highest reported compensation $13K · Total expenses $538K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $40K · Total expenses $538K
7%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 9%
Fundraising cost ratio 5%
Revenue growth 362%
Legal fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 4 funders$89K
See all 4 funders →
Grants paid · 1 grant · $8K · 2023–2023
Unitemized GrantFY2023$7,620

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$863K revenue · viewing · ⤓ 990 PDF
FY2022$187K revenue · ⤓ 990 PDF
FY2021$109K revenue · ⤓ 990 PDF
FY2020$53K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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