Civic Intelligence

The Garrison Volunteer Fire Company Inc

990 • Fiscal year 2013 • EIN 14-1617595

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

PO Box 25210524-0252

(845) 424-4406

Siviq Scores

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

Liabilities / Assets

75th percentile

0.37x

Higher debt load relative to assets than 75% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

86th percentile

1.80x

Higher debt load relative to revenue than 86% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2013

Net Margin

40th percentile

1.5%

Higher net margin than 40% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2013 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2013

Asset Growth

18th percentile

-5.5%

Faster asset growth than 18% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$3,095,827

Down $179,425 (-5.5%) from 2012

Net Assets

Up

$1,958,032

Up $9,501 (+0.5%) from 2012

Liabilities

Down

$1,137,795

Down $188,926 (-14%) from 2012

Revenue

$633,281

No earlier filing loaded for comparison.

Expenses

Up

$623,780

Up $52,616 (+9.2%) from 2012

Net Income

$9,501

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,161,511Liabilities 2010: $1,351,750Net Assets 2010: $1,809,7612010Assets 2011: $3,066,353Liabilities 2011: $1,244,248Net Assets 2011: $1,822,1052011Assets 2012: $3,275,252Liabilities 2012: $1,326,721Net Assets 2012: $1,948,5312012Assets 2013: $3,095,827Liabilities 2013: $1,137,795Net Assets 2013: $1,958,0322013Assets 2014: $2,970,671Liabilities 2014: $962,323Net Assets 2014: $2,008,3482014Assets 2015: $2,987,274Liabilities 2015: $985,108Net Assets 2015: $2,002,1662015Assets 2016: $2,745,043Liabilities 2016: $762,168Net Assets 2016: $1,982,8752016Assets 2017: $2,353,789Liabilities 2017: $552,774Net Assets 2017: $1,801,0152017Assets 2018: $1,932,103Liabilities 2018: $353,463Net Assets 2018: $1,578,6402018Assets 2019: $1,874,813Liabilities 2019: $220,717Net Assets 2019: $1,654,0962019Assets 2020: $1,828,850Liabilities 2020: $113,683Net Assets 2020: $1,715,1672020Assets 2021: $1,785,555Liabilities 2021: $0Net Assets 2021: $1,785,5552021

Highlighted filing

2013

Assets$3,095,827
Liabilities$1,137,795
Net Assets$1,958,032

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $671,9632010Expenses 2011: $580,5052011Expenses 2012: $571,1642012Revenue 2013: $633,281Expenses 2013: $623,780Net Income 2013: $9,5012013Revenue 2014: $594,759Expenses 2014: $544,443Net Income 2014: $50,3162014Revenue 2015: $610,108Expenses 2015: $616,290Net Income 2015: -$6,1822015Revenue 2016: $288,850Expenses 2016: $308,142Net Income 2016: -$19,2922016Revenue 2017: $363,271Expenses 2017: $545,263Net Income 2017: -$181,9922017Revenue 2018: $262,067Expenses 2018: $484,442Net Income 2018: -$222,3752018Revenue 2019: $191,409Expenses 2019: $115,953Net Income 2019: $75,4562019Revenue 2020: $165,967Expenses 2020: $104,896Net Income 2020: $61,0712020Revenue 2021: $176,232Expenses 2021: $105,844Net Income 2021: $70,3882021

Highlighted filing

2013

Revenue$633,281
Expenses$623,780
Net Income$9,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$633,281
Mission and Program Overview

Mission

To provide fire fighting and rescue services in the garrison, new york fire protection district.

The garrison volunteer fire company, inc provides fire fighting and rescue services in the garrison, new york fire protection district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,078,371$2,948,148▼ $130,223
Savings and Temporary Cash Investments$145,246$126,675▼ $18,571
Pledges and Grants Receivable$20,000--
Intangible Assets$11,153--
Prepaid Expenses and Deferred Charges$14,458$10,783▼ $3,675
Cash and Non-Interest-Bearing Accounts$6,024$10,221▲ $4,197
Total Assets$3,275,252$3,095,827▼ $179,425
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,224,310$857,508▼ $366,802
Unsecured Notes Loans Payable-$215,591-
Accounts Payable and Accrued Expenses$102,411$64,696▼ $37,715
Total Liabilities$1,326,721$1,137,795▼ $188,926
Net Assets / Fund Balance
Unrestricted Net Assets$1,948,531$1,938,032▼ $10,499
Temporarily Rstr Net Assets-$20,000-
Total Net Assets Fund Balance$1,948,531$1,958,032▲ $9,501
Total Liabilities and Net Assets / Fund Balance$3,275,252$3,095,827▼ $179,425

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,209,476$1,406,270$2,615,746
Buildings$1,555,273$951,328$2,506,601
Land$183,399-$183,399
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donna CorsiPresident
Elizabeth CalhounPresident - Term End 11/13
Peter Von BergenVice President
Dennis RotenbergTrustee
Jim EricksonTrustee
Michael Del MonteTrustee
Dean AndersonTrustee - Term End 11/13
William RimmChief
Chris MarrisonSecretary
Christopher StearnsTreasurer
Brad MillerTreasurer - Term End 11/13
Revenue and Support

Revenue Composition

Contributions and Grants
$32,316
Program Service Revenue
$575,999
Investment Income
$5,105
Other Revenue
$19,861
All Other Contributions
$17,220
Change in Net Assets
$9,501

Audited Revenue Reconciliation

Revenue per Audited Statements
$633,281
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$633,281
Total Revenue per Form 990
$633,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$623,780
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$244,401--$244,401
Interest$45,085--$45,085
Insurance$33,869--$33,869
Other Expenses$21,701$398-$22,099
Office Expenses$14,073$5,691-$19,764
Fees for Services Accounting-$18,725-$18,725
Occupancy$18,040--$18,040
Conferences and Meetings$15,940--$15,940
Travel$12,058--$12,058
Fees for Services Legal-$7,462-$7,462
Fees for Services Other-$5,722-$5,722
Information Technology$627$1,542-$2,169
Advertising-$549-$549
Total Functional Expenses$576,632$47,148$0$623,780

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$623,780
Total Expenses per Audited Statements$623,780
Total Expenses per Form 990$623,780
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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, Section A, Line 6

Membership in the organization is divided into the following groups: active, social, life, honorary, probationary, chaplains and the board of directors,

Form 990, Part VI, Section A, Line 7A

The membership elects the governing body and the firematic officers annually in october. Voting rights are granted only to active and life members.

Form 990, Part VI, Section B, Line 11

Irs form 990 is provided to the philipstown, ny town board and to all of the board of directors of the fire company. The form 990 is provided to the board of directors electronically. A copy is also available at the firehouse. The form 990 is reviewed by the entire board and approved at their next meeting.

Form 990, Part VI, Section C, Line 19

The organization's form 1023 and form 990 are available for inspection upon request. The form 990 can also be found on the website www.guidstar.org

Filing and Contact Details

Filer

EIN
14-1617595
Phone
8454244406

Signing Officer

Name
Christopher Stearns
Title
Treasurer
Phone
8454244406
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Stearns
Formed
1929
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
45

Preparer

Preparer
Garrett M Higgins
Phone
8452202400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.

Financial Statement Notes

PART X, LINE 2:

The fire company recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the fire company had no uncertain tax positions that would require financial statement recognition or disclosure. The fire company is no longer subject to examinations by applicable taxing jurisdictions for periods prior to december 31, 2010.

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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/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE - TERM END 11/13
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010783
IRS990/PrincipalOfficerNm0CHRISTOPHER STEARNS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624200
IRS990/ProgramServiceRevenueGrp/BusinessCd1624200
IRS990/ProgramServiceRevenueGrp/Desc0TOWN CONTRACT
IRS990/ProgramServiceRevenueGrp/Desc1LENGTH OF SERVICE AWAR
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0545931
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0545931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130068
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06220
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt045631
IRS990/PYOtherExpensesAmt0536118
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0645741
IRS990/PYRevenuesLessExpensesAmt0126428
IRS990/PYSalariesCompEmpBnftPaidAmt035046
IRS990/PYTotalExpensesAmt0571164
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0697592
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt09501
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0575999
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0145246
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0126675
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01555273
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0951328
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02506601
IRS990ScheduleD/EquipmentGrp/BookValueAmt01209476
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01406270
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02615746
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0623780
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0183399
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0183399
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0633281
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FIRE COMPANY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FIRE COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FIRE COMPANY IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02948148
IRS990ScheduleD/TotalExpensesPerForm990Amt0623780
IRS990ScheduleD/TotalRevenuePerForm990Amt0633281
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0633281
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0623780
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP IN THE ORGANIZATION IS DIVIDED INTO THE FOLLOWING GROUPS: ACTIVE, SOCIAL, LIFE, HONORARY, PROBATIONARY, CHAPLAINS AND THE BOARD OF DIRECTORS,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ELECTS THE GOVERNING BODY AND THE FIREMATIC OFFICERS ANNUALLY IN OCTOBER. VOTING RIGHTS ARE GRANTED ONLY TO ACTIVE AND LIFE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IRS FORM 990 IS PROVIDED TO THE PHILIPSTOWN, NY TOWN BOARD AND TO ALL OF THE BOARD OF DIRECTORS OF THE FIRE COMPANY. THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS ELECTRONICALLY. A COPY IS ALSO AVAILABLE AT THE FIREHOUSE. THE FORM 990 IS REVIEWED BY THE ENTIRE BOARD AND APPROVED AT THEIR NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE FOR INSPECTION UPON REQUEST. THE FORM 990 CAN ALSO BE FOUND ON THE WEBSITE WWW.GUIDSTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt020000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03275252
IRS990/TotalAssetsEOYAmt03095827
IRS990/TotalAssetsGrp/BOYAmt03275252
IRS990/TotalAssetsGrp/EOYAmt03095827
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt032316
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047148
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0576632
IRS990/TotalFunctionalExpensesGrp/TotalAmt0623780
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01326721
IRS990/TotalLiabilitiesEOYAmt01137795
IRS990/TotalLiabilitiesGrp/BOYAmt01326721
IRS990/TotalLiabilitiesGrp/EOYAmt01137795
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01948531
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01958032
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0576632
IRS990/TotalProgramServiceRevenueAmt0575999
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt024966
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0575999
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0633281
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03275252
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03095827
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt012058
IRS990/TravelGrp/TotalAmt012058
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01948531
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01938032
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0215591
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 252
IRS990/USAddress/City0GARRISON
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode0105240252
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.GARRISONFD.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER STEARNS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08454244406
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE GARRISON VOLUNTEER FIRE COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0GARR
ReturnHeader/Filer/EIN0141617595

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