Civic Intelligence

Lower Frederick Fire Co Inc

990 • Fiscal year 2021 • EIN 23-2002673

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

139 Spring Mount RoadSchwenksville, PA 19473

(610) 287-9513

Siviq Scores

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

Liabilities / Assets

71st percentile

0.24x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

2.04x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

15th percentile

-10%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

35th percentile

2.9%

Faster asset growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

61st percentile

23%

Faster revenue growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,994,124

Up $56,059 (+2.9%) from 2020

Net Assets

Up

$1,514,543

Up $3,410 (+0.2%) from 2020

Liabilities

Up

$479,581

Up $52,649 (+12%) from 2020

Revenue

Up

$234,998

Up $44,680 (+23%) from 2020

Expenses

Up

$258,878

Up $40,164 (+18%) from 2020

Net Income

Up

-$23,880

Up $4,516 (+16%) from 2020

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: $1,079,064Liabilities 2011: $109,207Net Assets 2011: $969,8572011Assets 2012: $1,103,316Liabilities 2012: $76,880Net Assets 2012: $1,026,4362012Assets 2013: $1,199,648Liabilities 2013: $3,970Net Assets 2013: $1,195,6782013Assets 2014: $1,888,555Liabilities 2014: $606,457Net Assets 2014: $1,282,0982014Assets 2015: $1,814,773Liabilities 2015: $570,254Net Assets 2015: $1,244,5192015Assets 2016: $1,752,717Liabilities 2016: $548,307Net Assets 2016: $1,204,4102016Assets 2017: $2,144,869Liabilities 2017: $518,794Net Assets 2017: $1,626,0752017Assets 2018: $2,051,092Liabilities 2018: $503,716Net Assets 2018: $1,547,3762018Assets 2019: $2,035,157Liabilities 2019: $458,367Net Assets 2019: $1,576,7902019Assets 2020: $1,938,065Liabilities 2020: $426,932Net Assets 2020: $1,511,1332020Assets 2021: $1,994,124Liabilities 2021: $479,581Net Assets 2021: $1,514,5432021Assets 2022: $1,907,093Liabilities 2022: $467,933Net Assets 2022: $1,439,1602022Assets 2023: $2,027,793Liabilities 2023: $409,240Net Assets 2023: $1,618,5532023Assets 2024: $1,988,681Liabilities 2024: $349,274Net Assets 2024: $1,639,4072024

Highlighted filing

2021

Assets$1,994,124
Liabilities$479,581
Net Assets$1,514,543

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $306,913Expenses 2011: $253,679Net Income 2011: $53,2342011Revenue 2012: $243,737Expenses 2012: $229,421Net Income 2012: $14,3162012Revenue 2013: $374,666Expenses 2013: $251,941Net Income 2013: $122,7252013Revenue 2014: $301,329Expenses 2014: $233,680Net Income 2014: $67,6492014Revenue 2015: $249,877Expenses 2015: $276,186Net Income 2015: -$26,3092015Revenue 2016: $206,285Expenses 2016: $268,921Net Income 2016: -$62,6362016Revenue 2017: $427,481Expenses 2017: $303,056Net Income 2017: $124,4252017Revenue 2018: $268,208Expenses 2018: $297,738Net Income 2018: -$29,5302018Revenue 2019: $244,299Expenses 2019: $258,720Net Income 2019: -$14,4212019Revenue 2020: $190,318Expenses 2020: $218,714Net Income 2020: -$28,3962020Revenue 2021: $234,998Expenses 2021: $258,878Net Income 2021: -$23,8802021Revenue 2022: $246,139Expenses 2022: $259,487Net Income 2022: -$13,3482022Revenue 2023: $502,311Expenses 2023: $297,641Net Income 2023: $204,6702023Revenue 2024: $276,805Expenses 2024: $289,605Net Income 2024: -$12,8002024

Highlighted filing

2021

Revenue$234,998
Expenses$258,878
Net Income-$23,880
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$298,621
Mission and Program Overview

Mission

Volunteer fire fighting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,511,133$1,514,543▲ $3,410
Land, Buildings, and Equipment, Net$956,428$971,184▲ $14,756
Cash and Non-Interest-Bearing Accounts$599,043$585,229▼ $13,814
Investments in Publicly Traded Securities$301,359$386,422▲ $85,063
Savings and Temporary Cash Investments$75,734$45,789▼ $29,945
Other Notes and Loans Receivable, Net$5,500$5,500→ $0
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,938,065$1,994,124▲ $56,059
Other Assets Total$1$0▼ $1
Liabilities
Other Liabilities$426,932$479,581▲ $52,649
Total Liabilities$426,932$479,581▲ $52,649
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,511,133$1,514,543▲ $3,410
Total Liabilities and Net Assets / Fund Balance$1,938,065$1,994,124▲ $56,059

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$923,016$1,282,336$2,205,352
Leasehold Improvements$43,168$231,730$274,898
Buildings-$30,000$30,000
Land$5,000-$5,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ed StrawhackerPresident
Steve BoyerVice President
Maria SteinmetzSecretary
Teri HeffernanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$114,638
Program Service Revenue
$0
Investment Income
$58,999
Other Revenue
$61,361
All Other Contributions
$9,945
Change in Net Assets
$-23,880
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,578
Salaries, Compensation, and Employee Benefits$13,300
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$107,323--$107,323
Occupancy$48,691--$48,691
Interest$16,233--$16,233
Other Salaries and Wages-$13,300-$13,300
Insurance$10,531--$10,531
Travel$2,679--$2,679
Fees for Services Other-$2,500-$2,500
Fees for Services Accounting-$2,410-$2,410
Advertising-$1,424-$1,424
Office Expenses-$1,092-$1,092
Other Expenses$47,851$1,090-$1,090
All Other Expenses-$114-$114
Total Functional Expenses$233,308$25,570$0$258,878
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$112,576
Fundraising Direct Expenses$58,282
Gaming Gross Income$7,600
Gaming Direct Expenses$5,341
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
House Committee$90,344$90,344$47,024$43,320
Fundraisers$22,232$22,232$11,258$10,974
Total Events$112,576$112,576$58,282$54,294
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
2% State PEMA Loan$216,655
Bank Loan - Truck$178,611
SCBA Loan$85,052
Payroll Liabilities$-737
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The officers of the fire company review the Form 990 before signing and submitting to the Internal Revenue Service.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Lower Frederick Fire Co Inc
EIN
23-2002673
Phone
6102879513
Address
139 Spring Mount Road, Schwenksville, PA 19473

Signing Officer

Name
Teri Heffernan
Title
Treasurer
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1937
Legal Domicile
Pa
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
50

Preparer

Firm
Volunteers Financial Service Inc
Address
301 Oxford Valley Road 1303A, Yardley, PA 19067
Preparer
Tara Fahr
Phone
2157810980
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt062009
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03415
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt024503
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt016858
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017590
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0124375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0120176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt072262
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0206585
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0215556
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0224992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0839571
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt062009
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt024503
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt016858
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017590
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0124375
IRS990ScheduleA/InvestmentIncomeCYPct00.07970
IRS990ScheduleA/InvestmentIncomePYPct00.04440
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01798
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01302
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01134
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt013106
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01926
IRS990ScheduleA/OtherIncome509Grp/TotalAmt019266
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90800
IRS990ScheduleA/PublicSupportPY509Pct00.94230
IRS990ScheduleA/PublicSupportTotal509Amt01417725
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt089077
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt085900
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt094264
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt098652
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt064048
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt0431941
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0234814
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0211533
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0320411
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0332858
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0318109
IRS990ScheduleA/Total509Grp/TotalAmt01417725
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0298621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0216250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0346048
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0362822
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0337625
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01561366
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt030000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0923016
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01282336
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02205352
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt043168
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0231730
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0274898
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0216655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1178611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-737
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt385052
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc02% State PEMA Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Bank Loan - Truck
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SCBA Loan
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0971184
IRS990ScheduleD/TotalLiabilityAmt0479581
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt058282
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0House Committee
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Fundraisers
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt090344
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt022232
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0112576
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt090344
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt022232
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0112576
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt054294
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt058282
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt047024
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt011258
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The officers of the fire company review the Form 990 before signing and submitting to the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01938065
IRS990/TotalAssetsEOYAmt01994124
IRS990/TotalAssetsGrp/BOYAmt01938065
IRS990/TotalAssetsGrp/EOYAmt01994124
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0114638
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025570
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0233308
IRS990/TotalFunctionalExpensesGrp/TotalAmt0258878
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0426932
IRS990/TotalLiabilitiesEOYAmt0479581
IRS990/TotalLiabilitiesGrp/BOYAmt0426932
IRS990/TotalLiabilitiesGrp/EOYAmt0479581
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01511133
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01514543
IRS990/TotalProgramServiceExpensesAmt0233308
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt066066
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0234998
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01938065
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01994124
IRS990/TravelGrp/ProgramServicesAmt02679
IRS990/TravelGrp/TotalAmt02679

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.35$1.64$0.28$0.29$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.03$0.41$1.62$0.50$0.30$0.20
2022Detailed filing. Detailed filing data is available for this year.$1.91$0.47$1.44$0.25$0.26$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.99$0.48$1.51$0.23$0.26$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.43$1.51$0.19$0.22$0.03
2019Summary only. Only limited summary data is available for this year.$2.04$0.46$1.58$0.24$0.26$0.01
2018Summary only. Only limited summary data is available for this year.$2.05$0.50$1.55$0.27$0.30$0.03
2017Summary only. Only limited summary data is available for this year.$2.14$0.52$1.63$0.43$0.30$0.12
2016Summary only. Only limited summary data is available for this year.$1.75$0.55$1.20$0.21$0.27$0.06
2015Summary only. Only limited summary data is available for this year.$1.81$0.57$1.24$0.25$0.28$0.03
2014Summary only. Only limited summary data is available for this year.$1.89$0.61$1.28$0.30$0.23$0.07
2013Summary only. Only limited summary data is available for this year.$1.20$0.00$1.20$0.37$0.25$0.12
2012Summary only. Only limited summary data is available for this year.$1.10$0.08$1.03$0.24$0.23$0.01
2011Summary only. Only limited summary data is available for this year.$1.08$0.11$0.97$0.31$0.25$0.05