Civic Intelligence

False Alarm Reduction Association

EIN 52-2038303 • 501(c)6 • Rockville, MD

Profile

It is the mission of the False Alarm Reduction Association (FARA): to provide a forum for local government alarm ordinance managers to exchange information on successful false alarm reduction programs; to serve as a clearinghouse for agencies seeking to reduce false alarms, and to foster an environment of cooperation among law enforcement, the alarm industry , and the alarm user.

10024 VANDERBILT CIRCLE Unit 4Rockville, MD 20850

faraonline.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

87th percentile

28%

Higher net margin than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

75th percentile

14%

Faster asset growth than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

178%

Faster revenue growth than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$80,275

Up $9,963 (+14%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$80,275

Up $9,963 (+14%) from 2022

Revenue

Up

$35,013

Up $22,411 (+178%) from 2022

Expenses

Up

$25,050

Up $3,755 (+18%) from 2022

Net Income

Up

$9,963

Up $18,656 (+215%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $62,309Liabilities 2011: $02011Assets 2012: $68,044Liabilities 2012: $337Net Assets 2012: $67,7072012Assets 2013: $83,782Liabilities 2013: $0Net Assets 2013: $83,7822013Assets 2014: $87,158Liabilities 2014: $0Net Assets 2014: $87,1582014Assets 2015: $101,017Liabilities 2015: $0Net Assets 2015: $101,0172015Assets 2016: $103,616Liabilities 2016: $0Net Assets 2016: $103,6162016Assets 2017: $99,750Liabilities 2017: $0Net Assets 2017: $99,7502017Assets 2018: $80,135Liabilities 2018: $0Net Assets 2018: $80,1352018Assets 2019: $68,408Liabilities 2019: $0Net Assets 2019: $68,4082019Assets 2020: $84,597Liabilities 2020: $0Net Assets 2020: $84,5972020Assets 2021: $79,005Liabilities 2021: $0Net Assets 2021: $79,0052021Assets 2022: $70,312Liabilities 2022: $0Net Assets 2022: $70,3122022Assets 2023: $80,275Liabilities 2023: $0Net Assets 2023: $80,2752023

Highlighted filing

2023

Assets$80,275
Liabilities$0
Net Assets$80,275

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $15,709Expenses 2011: $24,068Net Income 2011: -$8,3592011Revenue 2012: $32,012Expenses 2012: $26,614Net Income 2012: $5,3982012Revenue 2013: $45,911Expenses 2013: $29,836Net Income 2013: $16,0752013Revenue 2014: $26,225Expenses 2014: $22,849Net Income 2014: $3,3762014Revenue 2015: $38,620Expenses 2015: $24,761Net Income 2015: $13,8592015Revenue 2016: $31,078Expenses 2016: $28,337Net Income 2016: $2,7412016Revenue 2017: $20,346Expenses 2017: $24,206Net Income 2017: -$3,8602017Revenue 2018: $51,546Expenses 2018: $71,161Net Income 2018: -$19,6152018Revenue 2019: $53,089Expenses 2019: $64,816Net Income 2019: -$11,7272019Revenue 2020: $37,163Expenses 2020: $20,974Net Income 2020: $16,1892020Revenue 2021: $9,553Expenses 2021: $15,145Net Income 2021: -$5,5922021Revenue 2022: $12,602Expenses 2022: $21,295Net Income 2022: -$8,6932022Revenue 2023: $35,013Expenses 2023: $25,050Net Income 2023: $9,9632023

Highlighted filing

2023

Revenue$35,013
Expenses$25,050
Net Income$9,963

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$35,013
Mission and Program Overview

Mission

It is the mission of the False Alarm Reduction Association (FARA): to provide a forum for local government alarm ordinance managers to exchange information on successful false alarm reduction programs; to serve as a clearinghouse for agencies seeking to reduce false alarms, and to foster an environment of cooperation among law enforcement, the alarm industry , and the alarm user.

Program Services

DescriptionGrantsExpenses
Annual Symposium - Training symposiums are designed to be beneficial for all segments of the false alarm puzzle including public safety personnel, alarm industry representatives, alarm users, vendors and all others who can help to develop and manage successful false alarm reduction programs.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alberto HookPresidentPT$0--
Kassidy RaeSecretary-$0--
Sam StaleyTreasurer-$0--
Jordon BrownAssociate Director-$0--
Kelly RyanElectronic Security Associ-$0--
Brett GlassVendor - Associate Directo-$0--
Filing and Contact Details

Filer

Filer Name
False Alarm Reduction Association
EIN
52-2038303
Phone
4108874951
Address
10024 VANDERBILT CIRCLE Unit 4, ROCKVILLE, MD 20850

Signing Officer

Name
Brad Shipp
Title
Executive Director
Phone
4108874951
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Reitman Consulting Group Inc
Address
5408 WOODWAY DRIVE, FORT WORTH, TX 76133
Preparer
Mitchell H Reitman
Phone
8176989999
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Interest Income. Amount: 5.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Credit Card Acceptance. Amount: 4,016. Description: Bank Charges. Amount: 8. Description: AWARDS. Amount: 326. Description: Office Expenses. Amount: 394. Description: Promotional. Amount: 100. Description: Symposium Expense. Amount: 16,932. Description: Advertising/Promotional. Amount: 874. Total to Form 990-EZ, line 16: 22,650.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Prepaid Expenses. Beg. of Year Amount: 100. End of Year Amount: 0.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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