Civic Intelligence

Belmont Fire Ambulance Protection District Inc

990 • Fiscal year 2018 • EIN 06-1322571

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

103 Market StreetBelmont, WI 53510

(608) 778-3464

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

28th percentile

0.00x

Higher debt load relative to revenue than 28% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

92nd percentile

52%

Higher net margin than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

52nd percentile

$6,336

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

92nd percentile

75%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

251%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$590,775

Up $253,294 (+75%) from 2017

Net Assets

Up

$590,617

Up $295,904 (+100%) from 2017

Liabilities

Down

$158

Down $42,610 (-100%) from 2017

Revenue

Up

$564,936

Up $404,029 (+251%) from 2017

Expenses

Up

$269,032

Up $98,036 (+57%) from 2017

Net Income

Up

$295,904

Up $305,993 (+3033%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $371,259Liabilities 2011: $138,434Net Assets 2011: $232,8252011Assets 2012: $336,786Liabilities 2012: $90,864Net Assets 2012: $245,9222012Assets 2013: $424,427Liabilities 2013: $60,803Net Assets 2013: $363,6242013Assets 2014: $393,109Liabilities 2014: $46,000Net Assets 2014: $347,1092014Assets 2015: $432,437Liabilities 2015: $91,378Net Assets 2015: $341,0592015Assets 2016: $372,307Liabilities 2016: $67,504Net Assets 2016: $304,8032016Assets 2017: $337,481Liabilities 2017: $42,768Net Assets 2017: $294,7132017Assets 2018: $590,775Liabilities 2018: $158Net Assets 2018: $590,6172018Assets 2019: $468,595Liabilities 2019: $31,753Net Assets 2019: $436,8422019Assets 2020: $506,302Liabilities 2020: $0Net Assets 2020: $506,3022020Assets 2021: $709,399Liabilities 2021: $0Net Assets 2021: $709,3992021Assets 2022: $745,284Liabilities 2022: $0Net Assets 2022: $745,2842022Assets 2023: $856,499Liabilities 2023: $0Net Assets 2023: $856,4992023Assets 2024: $868,293Liabilities 2024: $1,064Net Assets 2024: $867,2292024

Highlighted filing

2018

Assets$590,775
Liabilities$158
Net Assets$590,617

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $121,098Expenses 2011: $142,397Net Income 2011: -$21,2992011Expenses 2012: $149,8742012Revenue 2013: $133,906Expenses 2013: $144,667Net Income 2013: -$10,7612013Revenue 2014: $144,774Expenses 2014: $158,997Net Income 2014: -$14,2232014Revenue 2015: $151,617Expenses 2015: $157,668Net Income 2015: -$6,0512015Revenue 2016: $149,527Expenses 2016: $185,784Net Income 2016: -$36,2572016Revenue 2017: $160,907Expenses 2017: $170,996Net Income 2017: -$10,0892017Revenue 2018: $564,936Expenses 2018: $269,032Net Income 2018: $295,9042018Revenue 2019: $147,910Expenses 2019: $301,685Net Income 2019: -$153,7752019Revenue 2020: $137,421Expenses 2020: $206,035Net Income 2020: -$68,6142020Revenue 2021: $412,581Expenses 2021: $209,484Net Income 2021: $203,0972021Revenue 2022: $293,729Expenses 2022: $257,844Net Income 2022: $35,8852022Revenue 2023: $406,553Expenses 2023: $295,338Net Income 2023: $111,2152023Revenue 2024: $261,716Expenses 2024: $250,704Net Income 2024: $11,0122024

Highlighted filing

2018

Revenue$564,936
Expenses$269,032
Net Income$295,904
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$582,602
Mission and Program Overview

Mission

Providing fire protection and ambulance service to the

Providing fire protection and ambulance service to the community of Belmont and surrounding areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$294,713$590,617▲ $295,904
Land, Buildings, and Equipment, Net$188,558$480,055▲ $291,497
Savings and Temporary Cash Investments$142,938$110,697▼ $32,241
Cash and Non-Interest-Bearing Accounts$5,985$23▼ $5,962
Total Assets$337,481$590,775▲ $253,294
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,768--
Other Liabilities-$158-
Total Liabilities$42,768$158▼ $42,610
Net Assets / Fund Balance
Total Net Assets Fund Balance$294,713$590,617▲ $295,904
Total Liabilities and Net Assets / Fund Balance$337,481$590,775▲ $253,294

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$419,616$1,301,084$1,720,700
Buildings$50,889$93,605$144,494
Land$9,550-$9,550
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Roberta BussBilling Clerk-$6,336$6,336
Corey AustinFire Chief-$1,400$1,400
Benjamin GalleFire Inspector-$1,250$1,250
Brandon MasbruchEMS ChiefPT$1,050$1,050
Susan PetersonAssistant EMS Chief-$750$750
Kirk AustinAssistant Fire Chief-$750$750
Thomas ThomasBuilding Inspector-$700$700
Penny DeBuhrEMS SecretaryTreasurer-$500$500
Jason BreckerTreasurer-$420$420
Steve KenyonSecretary-$360$360
Cecilia FinkEMS ChiefPT$350$350
Mark WeigelPresident-$220$220
Ryan CushmanTrainer-$200$200
Vaughn MesterTrainer-$200$200
Joseph FlogelDirector-$100$100
Jon GleasonVice President-$90$90
Brad SchobertSecretary-$70$70
Todd PalzkillDirector-$40$40
Brian BuchsDirector-$40$40
Mark RehmstedtDirector-$20$20
Revenue and Support

Revenue Composition

Contributions and Grants
$20,722
Program Service Revenue
$506,926
Investment Income
$7,612
Other Revenue
$29,676
All Other Contributions
$12,831
Change in Net Assets
$295,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,050
Salaries, Compensation, and Employee Benefits$15,982
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$141,411--$141,411
Other Expenses$49,117$802-$49,117
Current Officers, Directors, Trustees, and Key Employees-$14,846-$14,846
Insurance$9,130--$9,130
Occupancy-$7,392-$7,392
Office Expenses-$2,935-$2,935
All Other Expenses$1,678--$1,678
Payroll Taxes-$1,136-$1,136
Fees for Services Legal-$752-$752
Advertising-$360-$360
Total Functional Expenses$240,809$28,223$0$269,032
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,559
Fundraising Direct Expenses$17,666
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Firemans Dan$21,652$21,652-$21,652
Golf Outing$7,230$7,230-$7,230
Total Events$47,909$47,909$17,666$30,243
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accum Social Security$158
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Return was reviewed at Board Meeting by the Board Members

Governing documents etc available to public Part VI line 19

All records (minutes of meetings, financial statements, and all governing statements) are located at the general office for public viewing.

Filing and Contact Details

Filer

Filer Name
Belmont Fire Protection District
EIN
06-1322571
Address
103 MARKET STREET, Belmont, WI 53510

Signing Officer

Name
Jason Brecker
Title
Treasurer
Phone
6087783464
Signed
2019-05-15
Discuss with paid preparer
No

Organization Details

Formed
1973
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
0
Employees
20
Volunteers
65

Preparer

Firm
Platteville Tax Service LLC
Address
14 S THIRD ST, Platteville, WI 53818
Preparer
Kay Dean
Phone
6083488846
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Fire Chief
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IRS990/OtherExpensesGrp/Desc3Supps 40456 ClthgGear 8661
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IRS990/OtherExpensesGrp/ProgramServicesAmt219360
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IRS990/OtherRevenueMiscGrp/Desc1Scrap Metal
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IRS990/ProgramServiceRevenueGrp/Desc1Tax Levy
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IRS990/PYOtherRevenueAmt032071
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IRS990/PYSalariesCompEmpBnftPaidAmt011820
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0294713
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0590617
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt061698
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt050873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt059916
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt02818
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.68$0.01$8.67$2.62$2.51$0.11
2023Detailed filing. Detailed filing data is available for this year.$8.56$0.00$8.56$4.07$2.95$1.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.45$0.00$7.45$2.94$2.58$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.09$0.00$7.09$4.13$2.09$2.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.06$0.00$5.06$1.37$2.06$0.69
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$0.32$4.37$1.48$3.02$1.54
2018Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$5.65$2.69$2.96
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.43$2.95$1.61$1.71$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.68$3.05$1.50$1.86$0.36
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.32$0.91$3.41$1.52$1.58$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.93$0.46$3.47$1.45$1.59$0.14
2013Detailed filing. Detailed filing data is available for this year.$4.24$0.61$3.64$1.34$1.45$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.91$2.46$1.50
2011Summary only. Only limited summary data is available for this year.$3.71$1.38$2.33$1.21$1.42$0.21