Civic Intelligence

Exeter Volunteer Fire Department #1 Inc

EIN 05-6012007 • 501(c)3 • Exeter, RI

Profile

Provide fire fighting services to the residents of Exeter.

305 Ten Rod RoadExeter, RI 02822-3117

n/A

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

91st percentile

57%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$21,586

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

56th percentile

6.1%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

43%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,699,589

Up $269,593 (+6.1%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$4,699,589

Up $269,593 (+6.1%) from 2023

Revenue

Up

$474,368

Up $143,610 (+43%) from 2023

Expenses

Down

$204,775

Down $15,121 (-6.9%) from 2023

Net Income

Up

$269,593

Up $158,731 (+143%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,774,475Liabilities 2011: $92,451Net Assets 2011: $2,682,0242011Assets 2012: $2,835,871Liabilities 2012: $61,478Net Assets 2012: $2,774,3932012Assets 2013: $2,956,664Liabilities 2013: $30,973Net Assets 2013: $2,925,6912013Assets 2014: $3,044,718Liabilities 2014: $0Net Assets 2014: $3,044,7182014Assets 2015: $3,067,369Liabilities 2015: $0Net Assets 2015: $3,067,3692015Assets 2016: $3,192,728Liabilities 2016: $0Net Assets 2016: $3,192,7282016Assets 2017: $3,670,487Liabilities 2017: $0Net Assets 2017: $3,670,4872017Assets 2018: $3,818,944Liabilities 2018: $0Net Assets 2018: $3,818,9442018Assets 2019: $3,916,476Liabilities 2019: $0Net Assets 2019: $3,916,4762019Assets 2020: $4,014,031Liabilities 2020: $0Net Assets 2020: $4,014,0312020Assets 2021: $4,148,405Liabilities 2021: $0Net Assets 2021: $4,148,4052021Assets 2022: $4,319,135Liabilities 2022: $0Net Assets 2022: $4,319,1352022Assets 2023: $4,429,996Liabilities 2023: $0Net Assets 2023: $4,429,9962023Assets 2024: $4,699,589Liabilities 2024: $0Net Assets 2024: $4,699,5892024

Highlighted filing

2024

Assets$4,699,589
Liabilities$0
Net Assets$4,699,589

Operations Trend

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

$1.0M$500K$0Revenue 2011: $273,385Expenses 2011: $101,813Net Income 2011: $171,5722011Revenue 2012: $203,404Expenses 2012: $122,663Net Income 2012: $80,7412012Revenue 2013: $250,462Expenses 2013: $134,857Net Income 2013: $115,6052013Revenue 2014: $227,730Expenses 2014: $124,252Net Income 2014: $103,4782014Revenue 2015: $907,985Expenses 2015: $884,221Net Income 2015: $23,7642015Revenue 2016: $236,748Expenses 2016: $126,179Net Income 2016: $110,5692016Revenue 2017: $713,074Expenses 2017: $181,948Net Income 2017: $531,1262017Revenue 2018: $356,168Expenses 2018: $194,473Net Income 2018: $161,6952018Revenue 2019: $295,190Expenses 2019: $197,658Net Income 2019: $97,5322019Revenue 2020: $278,621Expenses 2020: $181,066Net Income 2020: $97,5552020Revenue 2021: $284,233Expenses 2021: $149,859Net Income 2021: $134,3742021Revenue 2022: $421,618Expenses 2022: $250,888Net Income 2022: $170,7302022Revenue 2023: $330,758Expenses 2023: $219,896Net Income 2023: $110,8622023Revenue 2024: $474,368Expenses 2024: $204,775Net Income 2024: $269,5932024

Highlighted filing

2024

Revenue$474,368
Expenses$204,775
Net Income$269,593

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.70$0.00$4.70$0.47$0.20$0.27
2023Detailed filing. Detailed filing data is available for this year.$4.43$0.00$4.43$0.33$0.22$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$0.42$0.25$0.17
2021Detailed filing. Detailed filing data is available for this year.$4.15$0.00$4.15$0.28$0.15$0.13
2020Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$0.28$0.18$0.10
2019Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$0.30$0.20$0.10
2018Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$0.36$0.19$0.16
2017Detailed filing. Detailed filing data is available for this year.$3.67$0.00$3.67$0.71$0.18$0.53
2016Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.19$0.24$0.13$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.07$0.91$0.88$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$0.23$0.12$0.10
2013Detailed filing. Detailed filing data is available for this year.$2.96$0.03$2.93$0.25$0.13$0.12
2012Summary only. Only limited summary data is available for this year.$2.84$0.06$2.77$0.20$0.12$0.08
2011Summary only. Only limited summary data is available for this year.$2.77$0.09$2.68$0.27$0.10$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$474,368
Mission and Program Overview

Mission

Fire fighting services for community residents

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,581,152$3,639,571▲ $58,419
Savings and Temporary Cash Investments$734,381$923,526▲ $189,145
Cash and Non-Interest-Bearing Accounts$114,463$136,492▲ $22,029
Total Assets$4,429,996$4,699,589▲ $269,593
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,429,996$4,699,589▲ $269,593
Total Net Assets Fund Balance$4,429,996$4,699,589▲ $269,593
Total Liabilities and Net Assets / Fund Balance$4,429,996$4,699,589▲ $269,593

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$738,224--
Equipment$2,901,347--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott D GavittChiefFT$21,586$21,586

Board Members and Trustees

NameTitle
Stephen PershawPresident/director
Thomas BilodeauVice President
Ben HodgsonDirector
Nicholas LittlefieldDirector
Robert FleischbeinDirector
Raymond PezzaTreasurer/director
George ChasseSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$425,439
Program Service Revenue
$3,903
Investment Income
$39,131
Other Revenue
$5,895
All Other Contributions
$421,049
Change in Net Assets
$269,593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$181,259
Salaries, Compensation, and Employee Benefits$23,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$64,329$0$0$64,329
Insurance$49,291$0$0$49,291
Occupancy$31,211$0$0$31,211
Current Officers, Directors, Trustees, and Key Employees$21,586$0$0$21,586
Other Expenses$8,592$0$0$8,592
Fees for Services Accounting$6,300$0$0$6,300
Office Expenses$2,102$0$0$2,102
Payroll Taxes$1,930$0$0$1,930
Total Functional Expenses$204,775$0$0$204,775
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
EXETER VOLUNTEER FIRE DEPARTMENT #1 INC
EIN
05-6012007
Phone
4012953175
Address
305 TEN ROD ROAD, EXETER, RI 02822-3117

Signing Officer

Name
Raymond Pezza
Title
Treasurer
Phone
4012953175
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
1944
Legal Domicile
Ri
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
35

Preparer

Firm
Buco & Associates LLC
Address
235 WILBUR AVENUE, CRANSTON, RI 02921
Preparer
Robert Buco CPA
Phone
4013537700
Supplemental Narrative

Additional Explanations

Pt VI, Line 7B

Members vote at regular meetings

Pt VI, Line 11B

Form 990is reviewed by the treasurer prior tocompletion and filing

Pt VI, Line 15A

Salaries are determined at the annual budget meeting

Pt VI, Line 15B

Salaries are determined at the annual budget meeting

Pt VI, Line 19

All documents are available for public inspection at fire department headquarters

Pt XI

Line 9 Disposition of equipment, net of sales proceeds

Form 990, Part IX, Line 24E

Fire prevention 17523. 17523. 0. 0.

Form 990, Part IX, Line 24E

Dues and subscriptions 3436. 3436. 0. 0.

Form 990, Part IX, Line 24E

Equipment supplies/repairs 25819. 25819. 0. 0.

Form 990, Part IX, Line 24E

Payroll service fees 1050. 1050. 0. 0.

Form 990, Part IX, Line 24E

Heating fuel 7750. 7750. 0. 0.

Form 990, Part IX, Line 24E

Vehicle fuel 4035. 4035. 0. 0.

Form 990, Part IX, Line 24E

Training 2625. 2625. 0. 0.

Form 990, Part IX, Line 24E

Alarm service 1008. 1008. 0. 0.

Form 990, Part IX, Line 24E

Bank charges 36. 36. 0. 0.

Form 990, Part IX, Line 24E

Auto expenses 1047. 1047. 0. 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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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0474368
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0923526
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017732
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt085162
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt028404
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06560
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03183
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05329
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt082607
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IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.96780
IRS990ScheduleA/PublicSupportTotal170Amt01689134
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0280163
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0399078
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0259075
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0255560
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01603972
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0289288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0415058
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0281050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0273292
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01689134
IRS990ScheduleA/TotalSupportAmt01771741
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0738224
IRS990ScheduleD/EquipmentGrp/BookValueAmt02901347
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02901347
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03639571
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members vote at regular meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990is reviewed by the treasurer prior tocompletion and filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Salaries are determined at the annual budget meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salaries are determined at the annual budget meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All documents are available for public inspection at fire department headquarters
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Line 9 Disposition of equipment, net of sales proceeds
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FIRE PREVENTION 17523. 17523. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DUES AND SUBSCRIPTIONS 3436. 3436. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EQUIPMENT SUPPLIES/REPAIRS 25819. 25819. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PAYROLL SERVICE FEES 1050. 1050. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10HEATING FUEL 7750. 7750. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11VEHICLE FUEL 4035. 4035. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TRAINING 2625. 2625. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13ALARM SERVICE 1008. 1008. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14BANK CHARGES 36. 36. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15AUTO EXPENSES 1047. 1047. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0204775
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IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04699589
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0204775
IRS990/TotalProgramServiceRevenueAmt03903
IRS990/TotalReportableCompFromOrgAmt021586
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt048929
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0474368
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04429996
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04699589
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0EXETER
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002822
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND PEZZA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04012953175
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXETER VOLUNTEER FIRE DEPARTMENT #1 INC
ReturnHeader/Filer/BusinessNameControlTxt0EXET
ReturnHeader/Filer/EIN0056012007
ReturnHeader/Filer/PhoneNum04012953175
ReturnHeader/Filer/USAddress/AddressLine1Txt0305 TEN ROD ROAD
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ReturnHeader/Filer/USAddress/ZIPCd0028223117
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043734622

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