Civic Intelligence

Ringing Hill Fire Company

990 • Fiscal year 2018 • EIN 23-1514695

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

815 White Pine LanePottstown, PA 19464

(610) 323-4247

Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.16x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Asset Growth

83rd percentile

18%

Faster asset growth than 83% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

93rd percentile

110%

Faster revenue growth than 93% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,964,596

Up $445,910 (+18%) from 2017

Net Assets

Up

$2,848,437

Up $458,881 (+19%) from 2017

Liabilities

Down

$116,159

Down $12,971 (-10%) from 2017

Revenue

Up

$714,461

Up $374,425 (+110%) from 2017

Expenses

Down

$255,577

Down $76,455 (-23%) from 2017

Net Income

Up

$458,884

Up $450,880 (+5633%) from 2017

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: $2,449,960Liabilities 2011: $125,528Net Assets 2011: $2,324,4322011Assets 2012: $2,600,311Liabilities 2012: $112,487Net Assets 2012: $2,487,8242012Assets 2013: $2,860,455Liabilities 2013: $99,196Net Assets 2013: $2,761,2592013Assets 2014: $2,651,053Liabilities 2014: $63,721Net Assets 2014: $2,587,3322014Assets 2015: $2,623,068Liabilities 2015: $154,871Net Assets 2015: $2,468,1972015Assets 2016: $2,523,408Liabilities 2016: $141,856Net Assets 2016: $2,381,5522016Assets 2017: $2,518,686Liabilities 2017: $129,130Net Assets 2017: $2,389,5562017Assets 2018: $2,964,596Liabilities 2018: $116,159Net Assets 2018: $2,848,4372018Assets 2019: $2,874,332Liabilities 2019: $1,176,055Net Assets 2019: $1,698,2772019Assets 2020: $2,839,647Liabilities 2020: $1,104,112Net Assets 2020: $1,735,5352020Assets 2021: $2,556,285Liabilities 2021: $980,999Net Assets 2021: $1,575,2862021Assets 2022: $2,387,693Liabilities 2022: $853,262Net Assets 2022: $1,534,4312022Assets 2023: $2,447,178Liabilities 2023: $720,293Net Assets 2023: $1,726,8852023Assets 2024: $2,360,341Liabilities 2024: $560,365Net Assets 2024: $1,799,9762024

Highlighted filing

2018

Assets$2,964,596
Liabilities$116,159
Net Assets$2,848,437

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $317,142Expenses 2011: $238,014Net Income 2011: $79,1282011Revenue 2012: $364,331Expenses 2012: $235,817Net Income 2012: $128,5142012Revenue 2013: $449,579Expenses 2013: $243,422Net Income 2013: $206,1572013Revenue 2014: $422,792Expenses 2014: $596,720Net Income 2014: -$173,9282014Revenue 2015: $368,002Expenses 2015: $487,136Net Income 2015: -$119,1342015Revenue 2016: $221,750Expenses 2016: $308,396Net Income 2016: -$86,6462016Revenue 2017: $340,036Expenses 2017: $332,032Net Income 2017: $8,0042017Revenue 2018: $714,461Expenses 2018: $255,577Net Income 2018: $458,8842018Revenue 2019: $429,189Expenses 2019: $1,579,349Net Income 2019: -$1,150,1602019Revenue 2020: $443,934Expenses 2020: $406,677Net Income 2020: $37,2572020Revenue 2021: $450,158Expenses 2021: $610,408Net Income 2021: -$160,2502021Revenue 2022: $413,516Expenses 2022: $454,371Net Income 2022: -$40,8552022Revenue 2023: $648,804Expenses 2023: $456,350Net Income 2023: $192,4542023Revenue 2024: $423,943Expenses 2024: $350,853Net Income 2024: $73,0902024

Highlighted filing

2018

Revenue$714,461
Expenses$255,577
Net Income$458,884
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$2,160,794
Mission and Program Overview

Mission

The operation of community volunteer Fire Company located in Pottsgrove, Montgomery County Pennsylvania, fighting and the prevention of fires. Being a first responder to various crisis situations such as fire, accident or emergency.

Support a fire company for the prevention and extinguishing of fires and saving and protecting of life and property from injury by fire in the greater Pottstown, Pennsylvania area. Helping the community during crisis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,306,820$2,044,291▲ $737,471
Land, Buildings, and Equipment, Net$536,760$473,925▼ $62,835
Cash and Non-Interest-Bearing Accounts$115,304$284,348▲ $169,044
Savings and Temporary Cash Investments$559,609$161,838▼ $397,771
Total Assets$2,518,686$2,964,596▲ $445,910
Other Assets Total$193$194▲ $1
Liabilities
Mortgage Notes Payable Secured by Investment Property$128,970$115,987▼ $12,983
Accounts Payable and Accrued Expenses$160$172▲ $12
Total Liabilities$129,130$116,159▼ $12,971
Net Assets / Fund Balance
Unrestricted Net Assets$2,141,052$2,584,933▲ $443,881
Temporarily Rstr Net Assets$248,504$263,504▲ $15,000
Total Net Assets Fund Balance$2,389,556$2,848,437▲ $458,881
Total Liabilities and Net Assets / Fund Balance$2,518,686$2,964,596▲ $445,910

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,113$2,603,326$2,636,439
Buildings$382,772$741,952$1,124,724
Land$58,040-$140,125
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vernest LightcapPresident
Robert C ArtimVice President
Brandon TowsendDirector
Charles SchaefferDirector
Chris WilcoxDirector
Jake LightcapDirector
Matt SwansonDirector
Rich FoleyDirector
Robert YergerDirector
William R MoserAss. Treasurer
Marcus ZoheFinancial Secretary
Kimberly LightcapSecretary
Anneleise SiffordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$166,472
Program Service Revenue
$0
Investment Income
$495,702
Other Revenue
$52,287
All Other Contributions
$17,307
Change in Net Assets
$458,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$254,877
Grants and Similar Amounts Paid$700
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$84,786--$84,786
Occupancy$61,982$14,405-$76,387
Other Expenses$33,092$931-$33,092
Insurance$11,198$8,421-$19,619
Fees for Service Investment Mgmnt Fees-$11,621-$11,621
Conferences and Meetings$11,015--$11,015
Fees for Services Accounting-$3,186-$3,186
Office Expenses-$2,570-$2,570
Interest$2,461--$2,461
Grants to Domestic Orgs$700--$700
Information Technology-$302-$302
Fees for Services Management-$245-$245
Total Functional Expenses$213,896$41,681$0$255,577
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$116,798
Gaming Direct Expenses$31,426
Fundraising Direct Expenses$31,399
Fundraising Gross Income$29,076
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Kitchen Sales and 50/50$16,276$16,276-$16,276
Fund Drive$12,800$12,800$11,978$822
Total Events$29,076$29,076$31,399$-2,323
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11

The Board of Directors review the Form 990 and Financial Statements prior to filing of the return.

Form 990, Part VI, Section B, Line 19

The 990 and Financial Statements are available to any interested party upon request.

Filing and Contact Details

Filer

Filer Name
Ringing Hill Fire Company
EIN
23-1514695
Phone
6103234247
Address
815 WHITE PINE LANE, POTTSTOWN, PA 19464

Signing Officer

Name
Vernest Lightcap
Title
President
Phone
4843021962
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vernest Lightcap
Formed
1952
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
0
Employees
0

Preparer

Firm
Rakowski & Company PC
Address
2047 E High Street, Pottstown, PA 19464
Preparer
Scott A Rakowski
Phone
6109707026
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Rounding adjustment 3

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IRS990/Form990PartVIISectionAGrp/PersonNm4Robert C Artim
IRS990/Form990PartVIISectionAGrp/PersonNm5Charles Schaeffer
IRS990/Form990PartVIISectionAGrp/PersonNm6Jake Lightcap
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/OccupancyGrp/ProgramServicesAmt061982
IRS990/OccupancyGrp/TotalAmt076387
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02570
IRS990/OfficeExpensesGrp/TotalAmt02570
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0193
IRS990/OtherAssetsTotalGrp/EOYAmt0194
IRS990/OtherChangesInNetAssetsAmt0-3
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Fuel for Trucks
IRS990/OtherExpensesGrp/Desc2Maintenance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0931
IRS990/OtherExpensesGrp/ProgramServicesAmt02844
IRS990/OtherExpensesGrp/ProgramServicesAmt15818
IRS990/OtherExpensesGrp/ProgramServicesAmt233092
IRS990/OtherExpensesGrp/TotalAmt03775
IRS990/OtherExpensesGrp/TotalAmt15818
IRS990/OtherExpensesGrp/TotalAmt233092
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous items sold
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0530
IRS990/OtherRevenueTotalAmt0530
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Vernest Lightcap
IRS990/ProfessionalFundraisingInd0true
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0169887
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt053739
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0332032
IRS990/PYOtherRevenueAmt0116410
IRS990/PYRevenuesLessExpensesAmt08004
IRS990/PYTotalExpensesAmt0332032
IRS990/PYTotalRevenueAmt0340036
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0458884
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-31292
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0177061
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0559609
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0161838
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0382772
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0741952
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01124724
IRS990ScheduleD/EquipmentGrp/BookValueAmt033113
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02603326
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02636439
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt058040
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0140125
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0473925
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031399
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fund Drive
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Kitchen Sales and 50/50
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt019421
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt019421
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt016276
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029076
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt016276
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029076
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2323
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011978
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011978
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt031426
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0116798
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0116798
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt085372
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt026794
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt026794
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt04632
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt04632
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicensedStatesCd0PA
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/StatesWhereGamingConductedCd0PA
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors review the Form 990 and Financial Statements prior to filing of the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 and Financial Statements are available to any interested party upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Rounding adjustment 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0248504
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0263504
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02518686
IRS990/TotalAssetsEOYAmt02964596
IRS990/TotalAssetsGrp/BOYAmt02518686
IRS990/TotalAssetsGrp/EOYAmt02964596
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0166472
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041681
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0213896
IRS990/TotalFunctionalExpensesGrp/TotalAmt0255577
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0129130
IRS990/TotalLiabilitiesEOYAmt0116159
IRS990/TotalLiabilitiesGrp/BOYAmt0129130
IRS990/TotalLiabilitiesGrp/EOYAmt0116159
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02389556
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02848437
IRS990/TotalProgramServiceExpensesAmt0213896
IRS990/TotalRevenueGrp/ExclusionAmt050943
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0714461
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02518686
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02964596
IRS990/TravelGrp/TotalAmt00
IRS990/UnrelatedBusIncmOverLimitInd0false

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.$2.36$0.56$1.80$0.42$0.35$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.45$0.72$1.73$0.65$0.46$0.19
2022Detailed filing. Detailed filing data is available for this year.$2.39$0.85$1.53$0.41$0.45$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.56$0.98$1.58$0.45$0.61$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.84$1.10$1.74$0.44$0.41$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.87$1.18$1.70$0.43$1.58$1.15
2018Detailed filing. Detailed filing data is available for this year.$2.96$0.12$2.85$0.71$0.26$0.46
2017Detailed filing. Detailed filing data is available for this year.$2.52$0.13$2.39$0.34$0.33$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.52$0.14$2.38$0.22$0.31$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.62$0.15$2.47$0.37$0.49$0.12
2014Summary only. Only limited summary data is available for this year.$2.65$0.06$2.59$0.42$0.60$0.17
2013Summary only. Only limited summary data is available for this year.$2.86$0.10$2.76$0.45$0.24$0.21
2012Summary only. Only limited summary data is available for this year.$2.60$0.11$2.49$0.36$0.24$0.13
2011Summary only. Only limited summary data is available for this year.$2.45$0.13$2.32$0.32$0.24$0.08