Civic Intelligence

Sandy Hook Volunteer Fire Company Incorporated

990 • Fiscal year 2017 • EIN 06-6045732

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

PO Box 783Sandy Hook, CT 06482

(203) 270-4392

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.55x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

3.14x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

18th percentile

-12%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

37th percentile

$8,236

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

20th percentile

-4.8%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

34%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,236,622

Down $62,886 (-4.8%) from 2016

Net Assets

Down

$553,182

Down $27,187 (-4.7%) from 2016

Liabilities

Down

$683,440

Down $35,699 (-5.0%) from 2016

Revenue

Up

$217,609

Up $55,411 (+34%) from 2016

Expenses

Up

$244,796

Up $102,547 (+72%) from 2016

Net Income

Down

-$27,187

Down $47,136 (-236%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $640,873Liabilities 2010: $238,799Net Assets 2010: $402,0742010Assets 2011: $563,689Liabilities 2011: $205,073Net Assets 2011: $358,6162011Assets 2012: $654,900Liabilities 2012: $243,061Net Assets 2012: $411,8392012Assets 2013: $759,884Liabilities 2013: $187,462Net Assets 2013: $572,4222013Assets 2014: $674,382Liabilities 2014: $141,625Net Assets 2014: $532,7572014Assets 2015: $753,739Liabilities 2015: $193,319Net Assets 2015: $560,4202015Assets 2016: $1,299,508Liabilities 2016: $719,139Net Assets 2016: $580,3692016Assets 2017: $1,236,622Liabilities 2017: $683,440Net Assets 2017: $553,1822017Assets 2018: $1,159,451Liabilities 2018: $640,616Net Assets 2018: $518,8352018Assets 2019: $1,186,267Liabilities 2019: $598,854Net Assets 2019: $587,4132019Assets 2020: $1,077,182Liabilities 2020: $581,843Net Assets 2020: $495,3392020Assets 2021: $925,300Liabilities 2021: $503,570Net Assets 2021: $421,7302021Assets 2022: $850,369Liabilities 2022: $459,270Net Assets 2022: $391,0992022Assets 2023: $998,326Liabilities 2023: $761,071Net Assets 2023: $237,2552023Assets 2024: $950,653Liabilities 2024: $724,979Net Assets 2024: $225,6742024

Highlighted filing

2017

Assets$1,236,622
Liabilities$683,440
Net Assets$553,182

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $325,162Expenses 2010: $198,499Net Income 2010: $126,6632010Revenue 2011: $155,336Expenses 2011: $198,794Net Income 2011: -$43,4582011Expenses 2012: $209,7022012Revenue 2013: $381,067Expenses 2013: $220,484Net Income 2013: $160,5832013Revenue 2014: $166,424Expenses 2014: $206,089Net Income 2014: -$39,6652014Revenue 2015: $171,729Expenses 2015: $144,066Net Income 2015: $27,6632015Revenue 2016: $162,198Expenses 2016: $142,249Net Income 2016: $19,9492016Revenue 2017: $217,609Expenses 2017: $244,796Net Income 2017: -$27,1872017Revenue 2018: $202,079Expenses 2018: $236,426Net Income 2018: -$34,3472018Revenue 2019: $338,071Expenses 2019: $269,493Net Income 2019: $68,5782019Revenue 2020: $261,239Expenses 2020: $353,313Net Income 2020: -$92,0742020Revenue 2021: $229,880Expenses 2021: $303,489Net Income 2021: -$73,6092021Revenue 2022: $308,432Expenses 2022: $339,063Net Income 2022: -$30,6312022Revenue 2023: $284,754Expenses 2023: $438,598Net Income 2023: -$153,8442023Revenue 2024: $285,057Expenses 2024: $296,638Net Income 2024: -$11,5812024

Highlighted filing

2017

Revenue$217,609
Expenses$244,796
Net Income-$27,187
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$322,693
Mission and Program Overview

Mission

The primary mission of the Sandy Hook Volunteer Fire & Rescue Company is to provide firefighting and rescue services to the community. It also promotes safety awareness, provides educational programs, actively recruits volunteers and supports various public activities within the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,113,603$1,089,255▼ $24,348
Savings and Temporary Cash Investments$126,843$108,725▼ $18,118
Cash and Non-Interest-Bearing Accounts$59,062$38,642▼ $20,420
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,299,508$1,236,622▼ $62,886
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$707,217$672,081▼ $35,136
Deferred Revenue$6,000$6,000→ $0
Accounts Payable and Accrued Expenses$5,921$5,358▼ $563
Other Liabilities$1$1→ $0
Total Liabilities$719,139$683,440▼ $35,699
Net Assets / Fund Balance
Unrestricted Net Assets$580,369$553,182▼ $27,187
Total Net Assets Fund Balance$580,369$553,182▼ $27,187
Total Liabilities and Net Assets / Fund Balance$1,299,508$1,236,622▼ $62,886

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$590,706$785,019$1,375,725
Leasehold Improvements$490,346$225,949$716,295
Other Land Buildings$8,203$74,285$82,488
Buildings-$80,000$80,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bill HalsteadChiefPT$8,236$8,236
Karin HalsteadTreasurerPT$2,084$2,084
Richard PaloianVice PresidentPT$1,527$1,527
John JeltemaAssistant TreasPT$126$126

Board Members and Trustees

NameTitle
Bradley RichardsonPresident
Shannon WillSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$99,873
Program Service Revenue
$8,905
Investment Income
$54,426
Other Revenue
$54,405
All Other Contributions
$15,627
Change in Net Assets
$-27,187
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$244,796
Total Fundraising Expense$5,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$148,837--$148,837
Interest$34,929--$34,929
Occupancy$23,392--$23,392
Office Expenses$8,438-$513$8,951
Conferences and Meetings$7,433--$7,433
Fees for Services Accounting-$6,676-$6,676
Other Expenses$2,917-$3,919$2,917
Payments to Affiliates-$1,429-$1,429
Information Technology$586--$586
All Other Expenses$-3,544-$1,445$-2,099
Insurance$-7,350--$-7,350
Total Functional Expenses$230,814$8,105$5,877$244,796
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$159,489
Fundraising Direct Expenses$105,084
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lobster Fest$76,502$76,502$10,983$65,519
Xmas Tree Sale$55,976$55,976$33,189$22,787
Total Events$155,684$155,684$102,745$52,939
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

Completed form 990 is reviewed with the officers before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Tax return is available upon request.

Filing and Contact Details

Filer

Filer Name
Sandy Hook Volunteer Fire &
EIN
06-6045732
Address
PO BOX 783, SANDY HOOK, CT 06482

Signing Officer

Name
Karin Halstead
Title
Treasurer
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bradley Richardson
Formed
1939
Legal Domicile
Ct
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
60

Preparer

Firm
Lisi Liberati & Stockwell LLC
Address
103 S Main Street, Newtown, CT 06470
Preparer
Kevin M Liberati CPA
Phone
2034262402
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0104156
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02698
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0142249
IRS990/PYOtherRevenueAmt041764
IRS990/PYProgramServiceRevenueAmt013580
IRS990/PYRevenuesLessExpensesAmt019949
IRS990/PYTotalExpensesAmt0142249
IRS990/PYTotalRevenueAmt0162198
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-27187
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt08905
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0126843
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0108725
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt099873
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0104156
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0108202
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0119819
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0432050
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01089
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0955
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01098
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03568
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0432050
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt099873
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0104156
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0108202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0119819
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0432050
IRS990ScheduleA/TotalSupportAmt0435618
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt080000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt080000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0590706
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0785019
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01375725
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0490346
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0225949
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0716295
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08203
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt074285
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt082488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01089255
IRS990ScheduleD/TotalLiabilityAmt01
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0102745
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LOBSTER FEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0XMAS TREE SALE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt039705
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0449
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt040154
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt076502
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt055976
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt023206
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0155684
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt076502
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt055976
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt023206
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0155684
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt052939
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0307
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt044479
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010983
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt033189
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08111
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt010001
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018112
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0Mailed letters requesting donations from local residents.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPLETED FORM 990 IS REVIEWED WITH THE OFFICERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Tax return is available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01299508
IRS990/TotalAssetsEOYAmt01236622
IRS990/TotalAssetsGrp/BOYAmt01299508
IRS990/TotalAssetsGrp/EOYAmt01236622
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt099873
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05877
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08105
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0230814
IRS990/TotalFunctionalExpensesGrp/TotalAmt0244796
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0719139
IRS990/TotalLiabilitiesEOYAmt0683440
IRS990/TotalLiabilitiesGrp/BOYAmt0719139
IRS990/TotalLiabilitiesGrp/EOYAmt0683440
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0580369
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0553182
IRS990/TotalProgramServiceExpensesAmt0230814
IRS990/TotalProgramServiceRevenueAmt08905
IRS990/TotalReportableCompFromOrgAmt011973
IRS990/TotalRevenueGrp/ExclusionAmt0108831
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08905
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0217609
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01299508

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.95$0.72$0.23$0.29$0.30$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.76$0.24$0.28$0.44$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.85$0.46$0.39$0.31$0.34$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.93$0.50$0.42$0.23$0.30$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.58$0.50$0.26$0.35$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.19$0.60$0.59$0.34$0.27$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.64$0.52$0.20$0.24$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.24$0.68$0.55$0.22$0.24$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.30$0.72$0.58$0.16$0.14$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.19$0.56$0.17$0.14$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.14$0.53$0.17$0.21$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.76$0.19$0.57$0.38$0.22$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.24$0.41$0.21
2011Summary only. Only limited summary data is available for this year.$0.56$0.21$0.36$0.16$0.20$0.04
2010Summary only. Only limited summary data is available for this year.$0.64$0.24$0.40$0.33$0.20$0.13