Civic Intelligence

Belmar First Aid Squad Incorporated

990 • Fiscal year 2020 • EIN 21-6019161

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 30, 2021

PO Box 636Belmar, NJ 07719

(732) 681-1359

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.48x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.69x

Higher debt load relative to revenue than 87% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

15th percentile

-23%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

60th percentile

$34,977

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

40th percentile

-7.6%

Faster revenue growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$530,687

Down $74,275 (-12%) from 2019

Net Assets

Down

$273,821

Down $83,281 (-23%) from 2019

Liabilities

Up

$256,866

Up $9,006 (+3.6%) from 2019

Revenue

Down

$369,907

Down $30,391 (-7.6%) from 2019

Expenses

Up

$453,188

Up $97,093 (+27%) from 2019

Net Income

Down

-$83,281

Down $127,484 (-288%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $408,995Liabilities 2010: $0Net Assets 2010: $408,9952010Assets 2011: $440,965Liabilities 2011: $0Net Assets 2011: $440,9652011Assets 2012: $464,465Liabilities 2012: $0Net Assets 2012: $464,4652012Assets 2013: $450,905Liabilities 2013: $0Net Assets 2013: $450,9052013Assets 2014: $453,287Liabilities 2014: $0Net Assets 2014: $453,2872014Assets 2015: $476,153Liabilities 2015: $0Net Assets 2015: $476,1532015Assets 2016: $409,699Liabilities 2016: $0Net Assets 2016: $409,6992016Assets 2017: $403,320Liabilities 2017: $0Net Assets 2017: $403,3202017Assets 2018: $377,643Liabilities 2018: $97,080Net Assets 2018: $280,5632018Assets 2019: $604,962Liabilities 2019: $247,860Net Assets 2019: $357,1022019Assets 2020: $530,687Liabilities 2020: $256,866Net Assets 2020: $273,8212020Assets 2021: $141,722Liabilities 2021: $3,834Net Assets 2021: $137,8882021Assets 2022: $1,532,655Liabilities 2022: $0Net Assets 2022: $1,532,6552022Assets 2023: $1,516,178Liabilities 2023: $0Net Assets 2023: $1,516,1782023Assets 2024: $194,376Liabilities 2024: $0Net Assets 2024: $194,3762024Assets 2025: $168,939Liabilities 2025: $0Net Assets 2025: $168,9392025

Highlighted filing

2020

Assets$530,687
Liabilities$256,866
Net Assets$273,821

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $99,2962010Expenses 2011: $100,1662011Expenses 2012: $163,5852012Revenue 2013: $165,001Expenses 2013: $152,535Net Income 2013: $12,4662013Revenue 2014: $90,940Expenses 2014: $96,407Net Income 2014: -$5,4672014Revenue 2015: $175,711Expenses 2015: $159,042Net Income 2015: $16,6692015Revenue 2016: $59,857Expenses 2016: $123,076Net Income 2016: -$63,2192016Revenue 2017: $91,057Expenses 2017: $112,853Net Income 2017: -$21,7962017Revenue 2018: $201,536Expenses 2018: $310,961Net Income 2018: -$109,4252018Revenue 2019: $400,298Expenses 2019: $356,095Net Income 2019: $44,2032019Revenue 2020: $369,907Expenses 2020: $453,188Net Income 2020: -$83,2812020Revenue 2021: $127,154Expenses 2021: $263,088Net Income 2021: -$135,9342021Revenue 2022: $1,474,089Expenses 2022: $79,323Net Income 2022: $1,394,7662022Revenue 2023: $0Expenses 2023: $16,477Net Income 2023: -$16,4772023Revenue 2024: $0Expenses 2024: $21,802Net Income 2024: -$21,8022024Revenue 2025: $0Expenses 2025: $25,437Net Income 2025: -$25,4372025

Highlighted filing

2020

Revenue$369,907
Expenses$453,188
Net Income-$83,281
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 30, 2021
Return Version
2020v4.0
Gross Receipts
$369,907
Mission and Program Overview

Mission

Emergency medical services

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$193,918$266,149▲ $72,231
Land, Buildings, and Equipment, Net$288,763$264,538▼ $24,225
Investments in Publicly Traded Securities$122,281--
Total Assets$604,962$530,687▼ $74,275
Liabilities
Mortgage Notes Payable Secured by Investment Property$247,953$256,866▲ $8,913
Other Liabilities$-93--
Total Liabilities$247,860$256,866▲ $9,006
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$357,102$273,821▼ $83,281
Total Net Assets Fund Balance$357,102$273,821▼ $83,281
Total Liabilities and Net Assets / Fund Balance$604,962$530,687▼ $74,275

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$167,725$521,381$689,106
Equipment$53,863$157,545$211,408
Leasehold Improvements$42,950$54,428$97,378
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Francis HinesTreasurerPT$34,977$34,977

Board Members and Trustees

NameTitle
Richard HinesPresident
Mike ProvenzanoSecretary
Jack LeonardVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$168,785
Program Service Revenue
$165,480
Investment Income
$35,642
Other Revenue
$0
All Other Contributions
$73,292
Change in Net Assets
$-83,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$256,849
Other Expenses$188,621
Professional Fundraising Fees$7,718
Total Fundraising Expense$7,718
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$186,351$9,590-$195,941
Depreciation Depletion$62,936--$62,936
Current Officers, Directors, Trustees, and Key Employees-$34,977-$34,977
Payroll Taxes$20,926$5,005-$25,931
Insurance$24,770--$24,770
Fees for Services Other$1,868$15,770-$17,638
Occupancy$13,009--$13,009
Fees for Services Accounting-$12,750-$12,750
Office Expenses$1,029$9,595-$10,624
Interest-$10,365-$10,365
Fees for Services Professional Fundraising--$7,718$7,718
All Other Expenses$3,800$3,239-$7,039
Conferences and Meetings$1,847$2,353-$4,200
Other Expenses$3,116--$3,116
Advertising-$307-$307
Total Functional Expenses$341,519$103,951$7,718$453,188
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$7,718
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
No
Annual disclosure for covered persons
No
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
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

There are a total of nine "life members". These are members who have chosen not to contiue their "active" membership status, but which maintain all voting privileges. These members delegate the voting rights of the day-to-day operations to the executive committee.

Form 990, Page 6, Part VI, Line 1A

The executive committee ("trustees") is comprised of the president, vice president, treasurer & secretary. Executive committee members are "active" members of the squad. Active members shall have voting priviledges provided they maintain attendance at board meetings. The executive committee's voting rights relate to the day-to-day operations of the squad. This committee consisting of 4 members, two of which are also "life members" of the squad.

Form 990, Page 6, Part VI, Line 2

Richard hines francis hines president treasurer brothers

Form 990, Page 6, Part VI, Line 6

The organization has members.

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

A copy of form 990 is prepared by the independent accountant and reviewed with the treasurer.

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

When a conflict of interest arises, or when a potential conflict of interest emerges, disclosure of that conflict or potential conflict is made to the president of belmar first aid squad, inc. In order to seek a resolution of that issue.

Form 990, Page 6, Part VI, Line 19

Copies of the organization's governing documents, most recent financial information, form 990 and nj charities registration statement are available to the general public upon request. Requests for copies should be made in writing or electronically indicating the name and address of the requestor. Additionally, the form 990 is available at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Belmar First Aid Squad Inc
EIN
21-6019161
Phone
7326811359
Address
PO BOX 636, BELMAR, NJ 07719

Signing Officer

Name
Francis Hines
Title
Treasurer
Phone
7326811359
Signed
2021-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Hines
Formed
1928
Legal Domicile
Nj
Voting Board Members
4
Independent Board Members
3
Employees
30
Volunteers
5

Preparer

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

Additional Explanations

Form 990

The belmar first aid squad, inc. Previously functioned soley by volunteers, however during 2018, the board determined that there was a need to transition from an all volunteer ambulance service to a paid ambulance service. They hired employees including certified emt's year round and began billing for their services.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BELMAR FIRST AID SQUAD, INC. PREVIOUSLY FUNCTIONED SOLEY BY VOLUNTEERS, HOWEVER DURING 2018, THE BOARD DETERMINED THAT THERE WAS A NEED TO TRANSITION FROM AN ALL VOLUNTEER AMBULANCE SERVICE TO A PAID AMBULANCE SERVICE. THEY HIRED EMPLOYEES INCLUDING CERTIFIED EMT'S YEAR ROUND AND BEGAN BILLING FOR THEIR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE A TOTAL OF NINE "LIFE MEMBERS". THESE ARE MEMBERS WHO HAVE CHOSEN NOT TO CONTIUE THEIR "ACTIVE" MEMBERSHIP STATUS, BUT WHICH MAINTAIN ALL VOTING PRIVILEGES. THESE MEMBERS DELEGATE THE VOTING RIGHTS OF THE DAY-TO-DAY OPERATIONS TO THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE ("TRUSTEES") IS COMPRISED OF THE PRESIDENT, VICE PRESIDENT, TREASURER & SECRETARY. EXECUTIVE COMMITTEE MEMBERS ARE "ACTIVE" MEMBERS OF THE SQUAD. ACTIVE MEMBERS SHALL HAVE VOTING PRIVILEDGES PROVIDED THEY MAINTAIN ATTENDANCE AT BOARD MEETINGS. THE EXECUTIVE COMMITTEE'S VOTING RIGHTS RELATE TO THE DAY-TO-DAY OPERATIONS OF THE SQUAD. THIS COMMITTEE CONSISTING OF 4 MEMBERS, TWO OF WHICH ARE ALSO "LIFE MEMBERS" OF THE SQUAD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RICHARD HINES FRANCIS HINES PRESIDENT TREASURER BROTHERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COPY OF FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT AND REVIEWED WITH THE TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WHEN A CONFLICT OF INTEREST ARISES, OR WHEN A POTENTIAL CONFLICT OF INTEREST EMERGES, DISCLOSURE OF THAT CONFLICT OR POTENTIAL CONFLICT IS MADE TO THE PRESIDENT OF BELMAR FIRST AID SQUAD, INC. IN ORDER TO SEEK A RESOLUTION OF THAT ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, MOST RECENT FINANCIAL INFORMATION, FORM 990 AND NJ CHARITIES REGISTRATION STATEMENT ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. REQUESTS FOR COPIES SHOULD BE MADE IN WRITING OR ELECTRONICALLY INDICATING THE NAME AND ADDRESS OF THE REQUESTOR. ADDITIONALLY, THE FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0FRANCIS HINES
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICIA LINSLEY CPA
ReturnHeader/ReturnTs02021-03-06T07:43:36-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANCIS
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.00$0.03$0.03
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.00$0.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.00$0.02$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$1.47$0.08$1.39
2021Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.13$0.26$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.53$0.26$0.27$0.37$0.45$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.25$0.36$0.40$0.36$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.10$0.28$0.20$0.31$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.09$0.11$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.06$0.12$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.18$0.16$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.09$0.10$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.17$0.15$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.10