Civic Intelligence

Summit Volunteer First Aid Squad Inc

EIN 22-6063974 • 501(c)3 • Summit, NJ

Profile

The summit volunteer first aid squad,inc is an independent non-profit corporation. It provides emergency medical services to the city of summit nj and the surrounding area.

PO Box 234Summit, NJ 07902

summitems.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

20th percentile

-9.8%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

46th percentile

3.5%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-18%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,840,377

Up $228,165 (+3.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$6,840,377

Up $228,165 (+3.5%) from 2023

Revenue

Down

$535,163

Down $120,268 (-18%) from 2023

Expenses

Up

$587,748

Up $47,302 (+8.8%) from 2023

Net Income

Down

-$52,585

Down $167,570 (-146%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,537,768Liabilities 2010: $0Net Assets 2010: $1,537,7682010Assets 2011: $1,447,250Liabilities 2011: $0Net Assets 2011: $1,447,2502011Assets 2012: $2,470,220Liabilities 2012: $0Net Assets 2012: $2,470,2202012Assets 2013: $3,969,002Liabilities 2013: $0Net Assets 2013: $3,969,0022013Assets 2014: $5,020,432Liabilities 2014: $0Net Assets 2014: $5,020,4322014Assets 2015: $5,546,062Liabilities 2015: $0Net Assets 2015: $5,546,0622015Assets 2016: $5,816,461Liabilities 2016: $0Net Assets 2016: $5,816,4612016Assets 2017: $5,860,282Liabilities 2017: $0Net Assets 2017: $5,860,2822017Assets 2018: $5,944,274Liabilities 2018: $95,520Net Assets 2018: $5,848,7542018Assets 2019: $6,074,165Liabilities 2019: $47,760Net Assets 2019: $6,026,4052019Assets 2020: $6,120,703Liabilities 2020: $0Net Assets 2020: $6,120,7032020Assets 2021: $6,371,038Liabilities 2021: $0Net Assets 2021: $6,371,0382021Assets 2022: $6,239,849Liabilities 2022: $0Net Assets 2022: $6,239,8492022Assets 2023: $6,612,212Liabilities 2023: $0Net Assets 2023: $6,612,2122023Assets 2024: $6,840,377Liabilities 2024: $0Net Assets 2024: $6,840,3772024

Highlighted filing

2024

Assets$6,840,377
Liabilities$0
Net Assets$6,840,377

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $241,402Expenses 2010: $268,558Net Income 2010: -$27,1562010Expenses 2011: $364,3332011Expenses 2012: $389,6652012Revenue 2013: $1,791,765Expenses 2013: $403,713Net Income 2013: $1,388,0522013Revenue 2014: $1,396,357Expenses 2014: $413,958Net Income 2014: $982,3992014Revenue 2015: $899,782Expenses 2015: $368,335Net Income 2015: $531,4472015Revenue 2016: $703,057Expenses 2016: $459,923Net Income 2016: $243,1342016Revenue 2017: $385,837Expenses 2017: $462,099Net Income 2017: -$76,2622017Revenue 2018: $495,125Expenses 2018: $451,178Net Income 2018: $43,9472018Revenue 2019: $470,800Expenses 2019: $520,051Net Income 2019: -$49,2512019Revenue 2020: $467,008Expenses 2020: $549,998Net Income 2020: -$82,9902020Revenue 2021: $548,681Expenses 2021: $510,544Net Income 2021: $38,1372021Revenue 2022: $684,923Expenses 2022: $477,576Net Income 2022: $207,3472022Revenue 2023: $655,431Expenses 2023: $540,446Net Income 2023: $114,9852023Revenue 2024: $535,163Expenses 2024: $587,748Net Income 2024: -$52,5852024

Highlighted filing

2024

Revenue$535,163
Expenses$587,748
Net Income-$52,585

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.84$0.00$6.84$0.54$0.59$0.05
2023Detailed filing. Detailed filing data is available for this year.$6.61$0.00$6.61$0.66$0.54$0.11
2022Detailed filing. Detailed filing data is available for this year.$6.24$0.00$6.24$0.68$0.48$0.21
2021Detailed filing. Detailed filing data is available for this year.$6.37$0.00$6.37$0.55$0.51$0.04
2020Detailed filing. Detailed filing data is available for this year.$6.12$0.00$6.12$0.47$0.55$0.08
2019Summary only. Only limited summary data is available for this year.$6.07$0.05$6.03$0.47$0.52$0.05
2018Summary only. Only limited summary data is available for this year.$5.94$0.10$5.85$0.50$0.45$0.04
2017Summary only. Only limited summary data is available for this year.$5.86$0.00$5.86$0.39$0.46$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.82$0.00$5.82$0.70$0.46$0.24
2015Detailed filing. Detailed filing data is available for this year.$5.55$0.00$5.55$0.90$0.37$0.53
2014Detailed filing. Detailed filing data is available for this year.$5.02$0.00$5.02$1.40$0.41$0.98
2013Detailed filing. Detailed filing data is available for this year.$3.97$0.00$3.97$1.79$0.40$1.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.00$2.47$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.00$1.45$0.36
2010Summary only. Only limited summary data is available for this year.$1.54$0.00$1.54$0.24$0.27$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 23, 2025
Return Version
2024v5.1
Gross Receipts
$535,163
Mission and Program Overview

Mission

The summit volunteer first aid squad, inc is an independent non-profit corporation dedicated to providing emergency medical services, non-emergency transportation and safety training to the summit, nj community.

Summit volunteer first aid squadinc is an independent nonprofit corp providing emergency medical services transport safety training

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,708,346$3,475,752▼ $232,594
Investments in Publicly Traded Securities$1,871,386$2,510,773▲ $639,387
Savings and Temporary Cash Investments$990,218$771,714▼ $218,504
Cash and Non-Interest-Bearing Accounts$42,262$82,138▲ $39,876
Total Assets$6,612,212$6,840,377▲ $228,165
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,116,281$3,558,050▲ $441,769
Net Assets With Donor Restrictions$3,495,931$3,282,327▼ $213,604
Total Net Assets Fund Balance$6,612,212$6,840,377▲ $228,165
Total Liabilities and Net Assets / Fund Balance$6,612,212$6,840,377▲ $228,165

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,102,317$1,432,106$4,534,423
Equipment$373,435$877,878$1,251,313
Compensation and Service Providers

Board Members and Trustees

NameTitle
Leah GriffithPresident
Sam JamesVice President
John BuscainoBoard Member
Kevin CaropresoBoard Member
Nancy WeeksBoard Member
Robert MendesBoard Member
Laura BeneventoChief
James RathCorresponding Sec
Kerry WhitcherPersonnel Lieutenant
Alexis CohenRecording Secretary
John ChristmannRecords Lieutenant
Mel HarariTraining Lieutenant
David BernsteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$430,543
Program Service Revenue
$0
Investment Income
$104,620
Other Revenue
$0
All Other Contributions
$430,543
Change in Net Assets
$-52,585

Audited Revenue Reconciliation

Revenue per Audited Statements
$535,163
Revenue Not Reported on Form 990
$280,749
Total Revenue per Audited Statements
$815,912
Total Revenue per Form 990
$535,163
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$584,248
Total Fundraising Expense$14,291
Grants and Similar Amounts Paid$3,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$233,348--$233,348
Occupancy$95,484--$95,484
Insurance$63,744--$63,744
Other Expenses$34,221-$14,291$34,221
Fees for Services Legal$18,000--$18,000
Information Technology$16,440--$16,440
Office Expenses$7,099--$7,099
Fees for Services Other$3,500--$3,500
Grants to Domestic Individuals$3,500--$3,500
Advertising$2,972--$2,972
Fees for Services Accounting$2,081--$2,081
Total Functional Expenses$573,457$0$14,291$587,748

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$587,748
Total Expenses per Audited Statements$587,748
Total Expenses per Form 990$587,748
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Part VI Line 11B

Form 990 is presented to the Board for review before filing

Part VI Line 18

These documents are available to the public on request

Part VI Line 19

These documents are available to the public on request

Part VI Line 6

Once volunteers are fully trained they are eligible for membership

Part VI Line 7A

The Board is elected by the members

Part VI Line 7B

Certain governance decisions must be approved by the

Part VI Line 7B

membership, as described in the by-laws

Part VI Lne 11B

Form 990 is presented to the Board for review before filing

Part VI Lne 12C

Board members are required to sign a disclosure form annually

Part VI Line 19

These documents are available to the public on request

Filing and Contact Details

Filer

Filer Name
Summit Volunteer First Aid Squad Inc
EIN
22-6063974
In Care Of
% Richard Bull
Phone
9082779479
Address
PO Box 234, Summit, NJ 07902

Signing Officer

Name
Richard Bull
Title
Auditor
Phone
9083978163
Signed
2025-05-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leah Griffith
Formed
1962
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
67

Preparer

Firm
Richard Bull CPA
Address
5 FINCH CT, BERKELEY HTS, NJ 07922-1271
Preparer
Richard Bull
Phone
9083978163
Supplemental Narrative

Additional Explanations

Part IX Lne 24D

All other expenses comprise Training Costs, $15,117, Annual

Part IX Lne 24D

Dinner, $6,288, Awards, $9,160 and Hospitality $3,656

Part XII Line 1

SVFAS has always employed a modified cash basis of accounting

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IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt016440
IRS990/InformationTechnologyGrp/TotalAmt016440
IRS990/InsuranceGrp/ProgramServicesAmt063744
IRS990/InsuranceGrp/TotalAmt063744
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE SUMMIT VOLUNTEER FIRST AID SQUAD,INC IS AN INDEPENDENT NON-PROFIT CORPORATION. IT PROVIDES EMERGENCY MEDICAL SERVICES TO THE CITY OF SUMMIT NJ AND THE SURROUNDING AREA.
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt095484
IRS990/OccupancyGrp/TotalAmt095484
IRS990/OfficeExpensesGrp/ProgramServicesAmt07099
IRS990/OfficeExpensesGrp/TotalAmt07099
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Ambulance MaintSupplies
IRS990/OtherExpensesGrp/Desc1Utilities & Telephone
IRS990/OtherExpensesGrp/Desc2Fund Raising Expenses
IRS990/OtherExpensesGrp/Desc3All Other Expenses
IRS990/OtherExpensesGrp/FundraisingAmt014291
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IRS990/OtherExpensesGrp/ProgramServicesAmt128687
IRS990/OtherExpensesGrp/ProgramServicesAmt234221
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Leah Griffith
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IRS990/ReconcilationRevenueExpnssAmt0-52585
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0573464
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0641665
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0508216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0416998
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0416998
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02570886
IRS990ScheduleA/TotalSupportAmt02891406
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IRS990ScheduleD/BuildingsGrp/BookValueAmt03102317
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01432106
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04534423
IRS990ScheduleD/EquipmentGrp/BookValueAmt0373435
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0877878
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01251313
IRS990ScheduleD/ExpensesSubtotalAmt0587748
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0280749
IRS990ScheduleD/RevenueNotReportedAmt0280749
IRS990ScheduleD/RevenueSubtotalAmt0535163
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03475752
IRS990ScheduleD/TotalExpensesPerForm990Amt0587748
IRS990ScheduleD/TotalRevenuePerForm990Amt0535163
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IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is presented to the Board for review before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1These documents are available to the public on request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2These documents are available to the public on request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Once volunteers are fully trained they are eligible for membership
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board is elected by the members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Certain governance decisions must be approved by the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6membership, as described in the by-laws
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Form 990 is presented to the Board for review before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Board members are required to sign a disclosure form annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9These documents are available to the public on request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10All other expenses comprise Training Costs, $15,117, Annual
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Dinner, $6,288, Awards, $9,160 and Hospitality $3,656
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12SVFAS has always employed a modified cash basis of accounting
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Lne 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI Lne 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part IX Lne 24d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part IX Lne 24d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Part XII Line 1
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0104620
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0535163

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