Folcroft Volunteer Fireman’s Relief Association – Delaware County – Audit Period January 1, 2022 to December 31, 2024

The audit of the Folcroft Volunteer Fireman’s Relief Association for January 1, 2022, to December 31, 2024, aimed to determine compliance with Pennsylvania state laws and to assess corrective actions on prior audit findings. While the association rectified three previous issues, it failed to address four significant concerns: inadequate meeting minutes, financial record-keeping, defining death and discretionary benefits in bylaws, and maintaining a current membership roster. Additionally, they did not secure proceeds from a joint vehicle sale or ownership interests in jointly purchased equipment. Consequently, the association risks losing future state aid due to these compliance issues. The audit encourages prompt action on these recommendations and acknowledges the cooperation from relief association officials during the evaluation. The association had total cash and investments of $181,317 as of December 31, 2024, and expenditures of $85,198 over the audit period. This is an automated summary. Please rely on the contents included in the released audit report.