Civic Intelligence

Point Pleasant First Aid & Emergency Squad

990 • Fiscal year 2015 • EIN 21-6014627

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 22, 2016

PO Box 1744Pt Pleasant Beach, NJ 08742-1744

(732) 899-0146

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$472,673

Up $94,147 (+25%) from 2014

Net Assets

Up

$421,826

Up $111,685 (+36%) from 2014

Liabilities

Down

$50,847

Down $17,538 (-26%) from 2014

Revenue And Expenses

Revenue

Up

$257,967

Up $158,567 (+160%) from 2014

Expenses

Down

$144,481

Down $16,599 (-10%) from 2014

Net Income

Up

$113,486

Up $175,166 (+284%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $442,563Liabilities 2010: $97,620Net Assets 2010: $344,9432010Assets 2011: $426,350Liabilities 2011: $86,910Net Assets 2011: $339,4402011Assets 2012: $449,984Liabilities 2012: $110,621Net Assets 2012: $339,3632012Assets 2013: $436,864Liabilities 2013: $63,526Net Assets 2013: $373,3382013Assets 2014: $378,526Liabilities 2014: $68,385Net Assets 2014: $310,1412014Assets 2015: $472,673Liabilities 2015: $50,847Net Assets 2015: $421,8262015Assets 2016: $519,823Liabilities 2016: $35,359Net Assets 2016: $484,4642016Assets 2017: $610,611Liabilities 2017: $27,721Net Assets 2017: $582,8902017Assets 2018: $611,194Liabilities 2018: $10,475Net Assets 2018: $600,7192018Assets 2019: $657,699Liabilities 2019: $15,691Net Assets 2019: $642,0082019Assets 2020: $671,542Liabilities 2020: $6,000Net Assets 2020: $665,5422020Assets 2021: $741,506Liabilities 2021: $19,669Net Assets 2021: $721,8372021Assets 2022: $779,473Liabilities 2022: $14,852Net Assets 2022: $764,6212022Assets 2023: $780,848Liabilities 2023: $17,018Net Assets 2023: $763,8302023Assets 2024: $720,024Liabilities 2024: $21,507Net Assets 2024: $698,5172024

Highlighted filing

2015

Assets$472,673
Liabilities$50,847
Net Assets$421,826

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $155,9622010Expenses 2011: $153,5692011Expenses 2012: $177,2192012Revenue 2013: $201,311Expenses 2013: $167,332Net Income 2013: $33,9792013Revenue 2014: $99,400Expenses 2014: $161,080Net Income 2014: -$61,6802014Revenue 2015: $257,967Expenses 2015: $144,481Net Income 2015: $113,4862015Revenue 2016: $221,507Expenses 2016: $160,686Net Income 2016: $60,8212016Revenue 2017: $251,393Expenses 2017: $152,108Net Income 2017: $99,2852017Revenue 2018: $188,611Expenses 2018: $168,116Net Income 2018: $20,4952018Revenue 2019: $204,159Expenses 2019: $164,137Net Income 2019: $40,0222019Revenue 2020: $184,251Expenses 2020: $160,085Net Income 2020: $24,1662020Revenue 2021: $231,108Expenses 2021: $174,639Net Income 2021: $56,4692021Revenue 2022: $241,611Expenses 2022: $198,827Net Income 2022: $42,7842022Revenue 2023: $221,834Expenses 2023: $222,625Net Income 2023: -$7912023Revenue 2024: $198,845Expenses 2024: $264,158Net Income 2024: -$65,3132024

Highlighted filing

2015

Revenue$257,967
Expenses$144,481
Net Income$113,486
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 22, 2016
Return Version
2015v2.1
Gross Receipts
$264,359
Mission and Program Overview

Mission

To save lives, relieve suffering of the injured, and promote safety.

Provides emergency first aid services to the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$170,324$254,300▲ $83,976
Land, Buildings, and Equipment, Net$182,003$193,573▲ $11,570
Prepaid Expenses and Deferred Charges$15,895$16,467▲ $572
Investments in Publicly Traded Securities$9,690$8,233▼ $1,457
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$378,526$472,673▲ $94,147
Other Assets Total$514--
Liabilities
Mortgage Notes Payable Secured by Investment Property$62,960$46,207▼ $16,753
Accounts Payable and Accrued Expenses$4,911$4,640▼ $271
Other Liabilities$514--
Total Liabilities$68,385$50,847▼ $17,538
Net Assets / Fund Balance
Unrestricted Net Assets$307,038$421,826▲ $114,788
Temporarily Rstr Net Assets$3,103--
Total Net Assets Fund Balance$310,141$421,826▲ $111,685
Total Liabilities and Net Assets / Fund Balance$378,526$472,673▲ $94,147

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$111,252$344,292$455,544
Other Land Buildings$32,287$347,196$379,483
Equipment$49,534$186,577$236,111
Land$500-$500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Flo MeloPresident
Chet NesleyTrustee
Don MillerTrustee
Jonathan MillerTrustee
Michael FiorettiTrustee
Sabrina FiorettiVP/trustee
James DietzCorresp Secy
Tom ConroyRecd Secy/tr
Dave BoppTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$224,720
Program Service Revenue
$0
Investment Income
$24,265
Other Revenue
$8,982
All Other Contributions
$182,770
Change in Net Assets
$113,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$138,628
Total Fundraising Expense$11,041
Professional Fundraising Fees$5,853
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$35,121--$35,121
Depreciation Depletion$24,228--$24,228
All Other Expenses$11,038$2,472-$13,510
Office Expenses$9,497$1,520$229$11,246
Occupancy$7,914--$7,914
Fees for Services Professional Fundraising--$5,853$5,853
Other Expenses$5,501-$4,959$4,959
Fees for Services Accounting-$4,370-$4,370
Interest$2,163--$2,163
Total Functional Expenses$125,078$8,362$11,041$144,481
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$5,853
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Michael fioretti trustee married to sabrina fioretti sabrina fioretti vp/trustee married to michael fioretti don miller trustee father of jonathan miller jonathan miller trustee son of don miller

Form 990, Page 6, Part VI, Line 6

Trustees of the organization are made up of members of the oganization.

Form 990, Page 6, Part VI, Line 7A

All officers are nominated and elected at the december meeting. Nominations are opened again immediately prior to the vote at the december meeting. The election is then held at the december meeting. Only eligible voting members may nominate a member and vote. Executive and line officer position votes are elected by ballot. Administrative officer positions are voted by ballot. The successful candidate must receive a majority of legally cast votes to be elected to office.

Form 990, Page 6, Part VI, Line 8B

While the governing board documents the committees activities in the meetings minutes, no committee has the authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the treasurer of the board of directors and the preparer. The form 990 is then distributed to all voting board members for their review and comments. A period of time for this review is designated and after comments are resolved, the return is submitted to the irs.

Form 990, Page 6, Part VI, Line 12C

While there is no formal process for enforcement of the conflict of interest policy, during the annual financial statement presentation, questions are posed to the trustees in regard to conflict of interest. In addition, the questionnaires that are sent out to the trustees include questions regarding conflict of interest. All trustees are required to complete the questionnaire.

Form 990, Page 6, Part VI, Line 19

The whistleblower policy, conflict of interest policy and document rentention and destruction policy were adopted by the board in july 2009. The governing documents, conflict of interest policy, annual financial statements and form 990 are made available to the general public upon request. In a prior year, the squad requested a copy of the original irs form 1023: application for recognition of exemption under section 501(c)(3) of the internal revenue code. The squad received a letter from the irs dated july 14, 2011, stating that all documents prior to january 1, 1948, have been destroyed pursuant to congressional authority and therefore are not available for inspection. The letter reaffirmed the squad's 501(c)(3) status. This form will also be made available to the public upon request. In addition, the form 990 is available on the internet at www.guidestar.com.

Filing and Contact Details

Filer

Filer Name
Point Pleasant First Aid &
EIN
21-6014627
Phone
7328990146
Address
PO BOX 1744, PT PLEASANT BEACH, NJ 08742-1744

Signing Officer

Name
Tom Conroy
Title
Recd Secy/trustee
Phone
7328990146
Signed
2016-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Flo Melo
Formed
1929
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
50

Preparer

Firm
Neral & Company Pa
Address
PO BOX 1727, WALL, NJ 07719
Preparer
Patricia Linsley CPA
Phone
7326814595
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The squad is operated solely by volunteers. There are approximately 50 volunteers in the squad. They provide volunteer emergency medical technician services and respond to calls for aid at home, motor vehicle crashes, people who need emergency aid while in pleasure or commercial boats off the coast and are brought into the coast guard station in manasquan, and to the many visitors who come to the beaches and the point pleasant boardwalk who are ill or injured during their travels to and through the area. The squad also provides standby ems for special events which occur throughout the year at the jersey shore. In addition, the squad includes a search and rescue dive team who service the waterways and beaches.

Financial Statement Notes

Schedule D, Page 3, Part X

As required by the accounting standards codification, the squad adopted the recognition requirements for uncertain income tax positions as required by accounting principles generally accepted in the united states of america, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more- likely-than-not be sustained upon examination by taxing authorities. The squad has analyzed tax positions taken for filing with the internal revenue service. The squad believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the squad's financial condition, results of operations or cash flows.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS REQUIRED BY THE ACCOUNTING STANDARDS CODIFICATION, THE SQUAD ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE- LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE SQUAD HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE. THE SQUAD BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE SQUAD'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SQUAD IS OPERATED SOLELY BY VOLUNTEERS. THERE ARE APPROXIMATELY 50 VOLUNTEERS IN THE SQUAD. THEY PROVIDE VOLUNTEER EMERGENCY MEDICAL TECHNICIAN SERVICES AND RESPOND TO CALLS FOR AID AT HOME, MOTOR VEHICLE CRASHES, PEOPLE WHO NEED EMERGENCY AID WHILE IN PLEASURE OR COMMERCIAL BOATS OFF THE COAST AND ARE BROUGHT INTO THE COAST GUARD STATION IN MANASQUAN, AND TO THE MANY VISITORS WHO COME TO THE BEACHES AND THE POINT PLEASANT BOARDWALK WHO ARE ILL OR INJURED DURING THEIR TRAVELS TO AND THROUGH THE AREA. THE SQUAD ALSO PROVIDES STANDBY EMS FOR SPECIAL EVENTS WHICH OCCUR THROUGHOUT THE YEAR AT THE JERSEY SHORE. IN ADDITION, THE SQUAD INCLUDES A SEARCH AND RESCUE DIVE TEAM WHO SERVICE THE WATERWAYS AND BEACHES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MICHAEL FIORETTI TRUSTEE MARRIED TO SABRINA FIORETTI SABRINA FIORETTI VP/TRUSTEE MARRIED TO MICHAEL FIORETTI DON MILLER TRUSTEE FATHER OF JONATHAN MILLER JONATHAN MILLER TRUSTEE SON OF DON MILLER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES OF THE ORGANIZATION ARE MADE UP OF MEMBERS OF THE OGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OFFICERS ARE NOMINATED AND ELECTED AT THE DECEMBER MEETING. NOMINATIONS ARE OPENED AGAIN IMMEDIATELY PRIOR TO THE VOTE AT THE DECEMBER MEETING. THE ELECTION IS THEN HELD AT THE DECEMBER MEETING. ONLY ELIGIBLE VOTING MEMBERS MAY NOMINATE A MEMBER AND VOTE. EXECUTIVE AND LINE OFFICER POSITION VOTES ARE ELECTED BY BALLOT. ADMINISTRATIVE OFFICER POSITIONS ARE VOTED BY BALLOT. THE SUCCESSFUL CANDIDATE MUST RECEIVE A MAJORITY OF LEGALLY CAST VOTES TO BE ELECTED TO OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WHILE THE GOVERNING BOARD DOCUMENTS THE COMMITTEES ACTIVITIES IN THE MEETINGS MINUTES, NO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD OF DIRECTORS AND THE PREPARER. THE FORM 990 IS THEN DISTRIBUTED TO ALL VOTING BOARD MEMBERS FOR THEIR REVIEW AND COMMENTS. A PERIOD OF TIME FOR THIS REVIEW IS DESIGNATED AND AFTER COMMENTS ARE RESOLVED, THE RETURN IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WHILE THERE IS NO FORMAL PROCESS FOR ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY, DURING THE ANNUAL FINANCIAL STATEMENT PRESENTATION, QUESTIONS ARE POSED TO THE TRUSTEES IN REGARD TO CONFLICT OF INTEREST. IN ADDITION, THE QUESTIONNAIRES THAT ARE SENT OUT TO THE TRUSTEES INCLUDE QUESTIONS REGARDING CONFLICT OF INTEREST. ALL TRUSTEES ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE WHISTLEBLOWER POLICY, CONFLICT OF INTEREST POLICY AND DOCUMENT RENTENTION AND DESTRUCTION POLICY WERE ADOPTED BY THE BOARD IN JULY 2009. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, ANNUAL FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. IN A PRIOR YEAR, THE SQUAD REQUESTED A COPY OF THE ORIGINAL IRS FORM 1023: APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SQUAD RECEIVED A LETTER FROM THE IRS DATED JULY 14, 2011, STATING THAT ALL DOCUMENTS PRIOR TO JANUARY 1, 1948, HAVE BEEN DESTROYED PURSUANT TO CONGRESSIONAL AUTHORITY AND THEREFORE ARE NOT AVAILABLE FOR INSPECTION. THE LETTER REAFFIRMED THE SQUAD'S 501(C)(3) STATUS. THIS FORM WILL ALSO BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE ON THE INTERNET AT WWW.GUIDESTAR.COM.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.20$0.22$6.99$1.99$2.64$0.65
2023Detailed filing. Detailed filing data is available for this year.$7.81$0.17$7.64$2.22$2.23$0.01
2022Detailed filing. Detailed filing data is available for this year.$7.79$0.15$7.65$2.42$1.99$0.43
2021Detailed filing. Detailed filing data is available for this year.$7.42$0.20$7.22$2.31$1.75$0.56
2020Detailed filing. Detailed filing data is available for this year.$6.72$0.06$6.66$1.84$1.60$0.24
2019Detailed filing. Detailed filing data is available for this year.$6.58$0.16$6.42$2.04$1.64$0.40
2018Detailed filing. Detailed filing data is available for this year.$6.11$0.10$6.01$1.89$1.68$0.20
2017Detailed filing. Detailed filing data is available for this year.$6.11$0.28$5.83$2.51$1.52$0.99
2016Detailed filing. Detailed filing data is available for this year.$5.20$0.35$4.84$2.22$1.61$0.61
2015Detailed filing. Detailed filing data is available for this year.$4.73$0.51$4.22$2.58$1.44$1.13
2014Detailed filing. Detailed filing data is available for this year.$3.79$0.68$3.10$0.99$1.61$0.62
2013Detailed filing. Detailed filing data is available for this year.$4.37$0.64$3.73$2.01$1.67$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$1.11$3.39$1.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$0.87$3.39$1.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$0.98$3.45$1.56