Civic Intelligence

Oldwick Fire Company Inc.

990 • Fiscal year 2014 • EIN 22-2712009

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 10, 2015

PO Box 83 163 Oldwick RoadOldwick, NJ 08858

(908) 534-0778

Siviq Scores

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

Liabilities / Assets

40th percentile

0.10x

Higher debt load relative to assets than 40% of similar nonprofits.

2014 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

67th percentile

1.54x

Higher debt load relative to revenue than 67% of similar nonprofits.

2014 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2014

Net Margin

11th percentile

-15%

Higher net margin than 11% of similar nonprofits.

2014 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2014 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2014

Asset Growth

29th percentile

-2.3%

Faster asset growth than 29% of similar nonprofits.

2014 filings • NTEE M24 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-33%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • NTEE M24 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,392,876

Down $55,414 (-2.3%) from 2013

Net Assets

Down

$2,161,511

Down $22,081 (-1.0%) from 2013

Liabilities

Down

$231,365

Down $33,333 (-13%) from 2013

Revenue

Down

$149,776

Down $74,270 (-33%) from 2013

Expenses

Up

$171,857

Up $16,203 (+10%) from 2013

Net Income

Down

-$22,081

Down $90,473 (-132%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,440,264Liabilities 2011: $331,365Net Assets 2011: $2,108,8992011Assets 2012: $2,413,232Liabilities 2012: $298,032Net Assets 2012: $2,115,2002012Assets 2013: $2,448,290Liabilities 2013: $264,698Net Assets 2013: $2,183,5922013Assets 2014: $2,392,876Liabilities 2014: $231,365Net Assets 2014: $2,161,5112014Assets 2015: $2,330,040Liabilities 2015: $198,032Net Assets 2015: $2,132,0082015Assets 2016: $2,287,374Liabilities 2016: $164,698Net Assets 2016: $2,122,6762016Assets 2017: $2,234,232Liabilities 2017: $131,365Net Assets 2017: $2,102,8672017Assets 2018: $2,227,702Liabilities 2018: $98,032Net Assets 2018: $2,129,6702018Assets 2019: $2,187,382Liabilities 2019: $64,698Net Assets 2019: $2,122,6842019Assets 2020: $2,136,470Liabilities 2020: $0Net Assets 2020: $2,136,4702020Assets 2021: $2,283,259Liabilities 2021: $150,000Net Assets 2021: $2,133,2592021Assets 2022: $2,194,531Liabilities 2022: $80,498Net Assets 2022: $2,114,0332022Assets 2023: $2,231,329Liabilities 2023: $118,933Net Assets 2023: $2,112,3962023

Highlighted filing

2014

Assets$2,392,876
Liabilities$231,365
Net Assets$2,161,511

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $201,289Expenses 2011: $209,548Net Income 2011: -$8,2592011Revenue 2012: $171,450Expenses 2012: $165,149Net Income 2012: $6,3012012Revenue 2013: $224,046Expenses 2013: $155,654Net Income 2013: $68,3922013Revenue 2014: $149,776Expenses 2014: $171,857Net Income 2014: -$22,0812014Revenue 2015: $138,974Expenses 2015: $168,477Net Income 2015: -$29,5032015Revenue 2016: $172,295Expenses 2016: $181,627Net Income 2016: -$9,3322016Revenue 2017: $160,357Expenses 2017: $180,166Net Income 2017: -$19,8092017Revenue 2018: $179,715Expenses 2018: $152,912Net Income 2018: $26,8032018Revenue 2019: $146,589Expenses 2019: $153,576Net Income 2019: -$6,9872019Revenue 2020: $152,253Expenses 2020: $138,467Net Income 2020: $13,7862020Revenue 2021: $173,102Expenses 2021: $176,311Net Income 2021: -$3,2092021Revenue 2022: $145,022Expenses 2022: $164,250Net Income 2022: -$19,2282022Revenue 2023: $160,525Expenses 2023: $162,162Net Income 2023: -$1,6372023

Highlighted filing

2014

Revenue$149,776
Expenses$171,857
Net Income-$22,081
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 10, 2015
Return Version
2014v5.0
Gross Receipts
$159,131
Mission and Program Overview

Mission

Fire protection for tewksbury township

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,143,425$2,083,677▼ $59,748
Savings and Temporary Cash Investments$249,418$248,604▼ $814
Investments Program Related$55,456$60,582▲ $5,126
Cash and Non-Interest-Bearing Accounts$-9$13▲ $22
Total Assets$2,448,290$2,392,876▼ $55,414
Liabilities
Tax Exempt Bond Liabilities$264,698$231,365▼ $33,333
Total Liabilities$264,698$231,365▼ $33,333
Net Assets / Fund Balance
Unrestricted Net Assets$2,183,592$2,161,511▼ $22,081
Total Net Assets Fund Balance$2,183,592$2,161,511▼ $22,081
Total Liabilities and Net Assets / Fund Balance$2,448,290$2,392,876▼ $55,414

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,899,065$379,655$2,278,720
Equipment$119,901$490,473$610,374
Other Land Buildings$64,711$7,428$72,139
Compensation and Service Providers

Board Members and Trustees

NameTitle
Webster B Todd JrPresident
Mark VandorenV. President
Charles LeulhauserTrustee
James ReedTrustee
Wilbur ConnerTrustee
John ApgarAsst. Secret
William FarrellSecretary
Robert BoakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$132,534
Program Service Revenue
$0
Investment Income
$5,378
Other Revenue
$11,864
All Other Contributions
$10,544
Change in Net Assets
$-22,081
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,530
Professional Fundraising Fees$1,327
Total Fundraising Expense$1,327
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$70,343--$70,343
Insurance$14,153--$14,153
Occupancy-$13,706-$13,706
Interest-$12,909-$12,909
Office Expenses-$11,574-$11,574
All Other Expenses$1,253$1,479-$2,732
Other Expenses$2,250--$2,250
Fees for Services Professional Fundraising--$1,327$1,327
Total Functional Expenses$130,862$39,668$1,327$171,857
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,375
Fundraising Gross Income$2,375
Professional Fundraising Fees$1,327

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fund Drive$31,990-$500-
Total Events$31,990-$500$-500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASomerset County Public Improvement2006-09-01$500,000COMPLETE NEW FIREHOUSE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$268,635-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

George apgar john apgar trustee asst. Sec. Cousins

Form 990, Page 6, Part VI, Line 6

MEMBERSHIP ORGANIZATION

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

Officers and trustees are elected by and from the membership

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

All decisions of the organization are presented to the membership at a monthly meeting for a vote

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

Reviewed by officers and trustees

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements made available to public upon request

Filing and Contact Details

Filer

Filer Name
Oldwick Fire Company Inc
EIN
22-2712009
Address
PO BOX 83 163 OLDWICK ROAD, OLDWICK, NJ 08858

Signing Officer

Name
Robert Boak
Title
Treasurer
Signed
2015-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Webster B Todd Jr
Formed
1938
Legal Domicile
Nj
Voting Board Members
35
Independent Board Members
35
Employees
0
Volunteers
40

Preparer

Firm
Tropeano & Mcgrady Pc
Address
PO BOX 541, WHITEHOUSE STATION, NJ 08889-0541
Preparer
Irina Dvorzhinskaya
Phone
9085345043
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

VOLUNTEER FIRE COMPANY

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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt012773
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt043318
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0379655
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02278720
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IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0119901
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0490473
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0610374
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt064711
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07428
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072139
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02083677
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt031990
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUND DRIVE
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031990
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-500
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0500
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02006-09-01
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt0500000
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt0SOMERSET COUNTY PUBLIC IMPROVEMENT
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0COMPLETE NEW FIREHOUSE
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IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
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IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
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IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0268635
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEER FIRE COMPANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GEORGE APGAR JOHN APGAR TRUSTEE ASST. SEC. COUSINS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND TRUSTEES ARE ELECTED BY AND FROM THE MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DECISIONS OF THE ORGANIZATION ARE PRESENTED TO THE MEMBERSHIP AT A MONTHLY MEETING FOR A VOTE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEWED BY OFFICERS AND TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS MADE AVAILABLE TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0130862
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IRS990/TotalLiabilitiesGrp/BOYAmt0264698
IRS990/TotalLiabilitiesGrp/EOYAmt0231365
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IRS990/TotalOtherProgSrvcExpenseAmt01949
IRS990/TotalProgramServiceExpensesAmt0130862
IRS990/TotalRevenueGrp/ExclusionAmt06982
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0149776
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt010260
IRS990/TotalVolunteersCnt040
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02183592
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 109 POTTERSTOWN ROAD
IRS990/USAddress/CityNm0OLDWICK
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008858
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Summary only. Only limited summary data is available for this year.$2.23$0.12$2.11$0.16$0.16$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.08$2.11$0.15$0.16$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.15$2.13$0.17$0.18$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.00$2.14$0.15$0.14$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.06$2.12$0.15$0.15$0.01
2018Summary only. Only limited summary data is available for this year.$2.23$0.10$2.13$0.18$0.15$0.03
2017Summary only. Only limited summary data is available for this year.$2.23$0.13$2.10$0.16$0.18$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.16$2.12$0.17$0.18$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.33$0.20$2.13$0.14$0.17$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.39$0.23$2.16$0.15$0.17$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.45$0.26$2.18$0.22$0.16$0.07
2012Summary only. Only limited summary data is available for this year.$2.41$0.30$2.12$0.17$0.17$0.01
2011Summary only. Only limited summary data is available for this year.$2.44$0.33$2.11$0.20$0.21$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • NTEE M24 • $1M-$5M nonprofits