Civic Intelligence

Lower Frederick Fire Co Inc

990 • Fiscal year 2023 • EIN 23-2002673

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

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

67th percentile

0.20x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

0.81x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

87th percentile

41%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

55th percentile

6.3%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

104%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,027,793

Up $120,700 (+6.3%) from 2022

Net Assets

Up

$1,618,553

Up $179,393 (+12%) from 2022

Liabilities

Down

$409,240

Down $58,693 (-13%) from 2022

Revenue

Up

$502,311

Up $256,172 (+104%) from 2022

Expenses

Up

$297,641

Up $38,154 (+15%) from 2022

Net Income

Up

$204,670

Up $218,018 (+1633%) from 2022

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

2023

Assets$2,027,793
Liabilities$409,240
Net Assets$1,618,553

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

2023

Revenue$502,311
Expenses$297,641
Net Income$204,670
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$619,675
Mission and Program Overview

Mission

Volunteer fire fighting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,439,160$1,618,553▲ $179,393
Cash and Non-Interest-Bearing Accounts$604,547$845,136▲ $240,589
Land, Buildings, and Equipment, Net$900,354$773,372▼ $126,982
Investments in Publicly Traded Securities$350,887$357,966▲ $7,079
Savings and Temporary Cash Investments$45,805$45,819▲ $14
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$1,907,093$2,027,793▲ $120,700
Other Assets Total-$0-
Liabilities
Other Liabilities$467,933$409,240▼ $58,693
Total Liabilities$467,933$409,240▼ $58,693
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,439,160$1,618,553▲ $179,393
Total Liabilities and Net Assets / Fund Balance$1,907,093$2,027,793▲ $120,700

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$736,645$1,521,915$2,258,560
Leasehold Improvements$31,727$243,171$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
$388,230
Program Service Revenue
$0
Investment Income
$32,464
Other Revenue
$81,617
All Other Contributions
$188,687
Change in Net Assets
$204,670
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$297,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$126,981--$126,981
Occupancy$54,123--$54,123
Interest$15,090--$15,090
Insurance$8,715--$8,715
Fees for Services Accounting-$4,300-$4,300
All Other Expenses$601$2,133-$2,734
Other Expenses$9,009$2,611-$2,611
Information Technology-$1,940-$1,940
Office Expenses-$1,545-$1,545
Travel$1,396--$1,396
Total Functional Expenses$285,112$12,529$0$297,641
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$191,393
Fundraising Direct Expenses$116,363
Gaming Gross Income$5,391
Gaming Direct Expenses$1,001
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
House Committee$152,986$152,986$96,207$56,779
Fundraising Events$38,407$38,407$20,156$18,251
Total Events$191,393$191,393$116,363$75,030
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$188,351
Bank Loan - Truck$139,743
SCBA Loan$53,182
Bank Loan - Chevy Tahoe$30,486
Payroll Liabilities$-2,522
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, Section B, Line 11B

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

Form 990, Part VI, Section C, Line 19

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
2024-11-11
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/CurrentTaxYearMinus2YearsAmt062009
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03415
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt024503
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0151228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0196784
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0205450
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0120176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt072262
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0206585
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0801257
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt034264
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt062009
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt024503
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0151228
IRS990ScheduleA/InvestmentIncomeCYPct00.08230
IRS990ScheduleA/InvestmentIncomePYPct00.08460
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0397
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0566
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01798
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01302
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01134
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05197
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91490
IRS990ScheduleA/PublicSupportPY509Pct00.90410
IRS990ScheduleA/PublicSupportTotal509Amt01681762
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt0111436
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt096288
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt089077
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt085900
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt094264
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt0476965
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0585014
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0329990
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0234814
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0211533
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0320411
IRS990ScheduleA/Total509Grp/TotalAmt01681762
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0619675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0357593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0298621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0216250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0346048
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01838187
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt030000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0736645
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01521915
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02258560
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt031727
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0243171
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0274898
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0188351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130486
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2139743
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3-2522
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt453182
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc02% State PEMA Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Bank Loan - Chevy Tahoe
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Bank Loan - Truck
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SCBA Loan
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0773372
IRS990ScheduleD/TotalLiabilityAmt0409240
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0116363
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0House Committee
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Fundraising Events
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0152986
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt038407
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0191393
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0152986
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt038407
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0191393
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt075030
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0116363
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt096207
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt020156
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, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01907093
IRS990/TotalAssetsEOYAmt02027793
IRS990/TotalAssetsGrp/BOYAmt01907093
IRS990/TotalAssetsGrp/EOYAmt02027793
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0388230
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012529
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0285112
IRS990/TotalFunctionalExpensesGrp/TotalAmt0297641
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0467933
IRS990/TotalLiabilitiesEOYAmt0409240
IRS990/TotalLiabilitiesGrp/BOYAmt0467933
IRS990/TotalLiabilitiesGrp/EOYAmt0409240
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01439160
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01618553
IRS990/TotalProgramServiceExpensesAmt0285112
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt039051
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0502311
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01907093
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02027793
IRS990/TravelGrp/ProgramServicesAmt01396
IRS990/TravelGrp/TotalAmt01396
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

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.$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