Civic Intelligence

Skippack Fire Company Inc.

990 • Fiscal year 2014 • EIN 23-6272968

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 06, 2015

1230 Bridge Street PO Box 1SuiteSkippack, PA 19474

(610) 584-9995

Siviq Scores

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

Liabilities / Assets

78th percentile

0.50x

Higher debt load relative to assets than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

5.59x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$4,737,384

No earlier filing loaded for comparison.

Net Assets

$2,350,480

No earlier filing loaded for comparison.

Liabilities

$2,386,904

No earlier filing loaded for comparison.

Revenue

$427,355

No earlier filing loaded for comparison.

Expenses

$249,226

No earlier filing loaded for comparison.

Net Income

$178,129

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $4,737,384Liabilities 2014: $2,386,904Net Assets 2014: $2,350,4802014Assets 2015: $4,901,957Liabilities 2015: $2,298,239Net Assets 2015: $2,603,7182015Assets 2016: $5,035,820Liabilities 2016: $2,209,640Net Assets 2016: $2,826,1802016Assets 2017: $5,138,133Liabilities 2017: $2,117,108Net Assets 2017: $3,021,0252017Assets 2018: $5,187,881Liabilities 2018: $2,030,859Net Assets 2018: $3,157,0222018Assets 2019: $5,504,438Liabilities 2019: $2,201,291Net Assets 2019: $3,303,1472019Assets 2022: $4,703,548Liabilities 2022: $1,785,298Net Assets 2022: $2,918,2502022Assets 2023: $4,401,012Liabilities 2023: $1,622,543Net Assets 2023: $2,778,4692023Assets 2024: $4,207,128Liabilities 2024: $1,530,330Net Assets 2024: $2,676,7982024

Highlighted filing

2014

Assets$4,737,384
Liabilities$2,386,904
Net Assets$2,350,480

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $427,355Expenses 2014: $249,226Net Income 2014: $178,1292014Revenue 2015: $538,718Expenses 2015: $285,480Net Income 2015: $253,2382015Revenue 2016: $451,442Expenses 2016: $228,980Net Income 2016: $222,4622016Revenue 2017: $465,832Expenses 2017: $270,987Net Income 2017: $194,8452017Revenue 2018: $471,720Expenses 2018: $335,723Net Income 2018: $135,9972018Revenue 2019: $635,587Expenses 2019: $489,462Net Income 2019: $146,1252019Revenue 2022: $472,507Expenses 2022: $527,876Net Income 2022: -$55,3692022Revenue 2023: $411,870Expenses 2023: $551,651Net Income 2023: -$139,7812023Revenue 2024: $480,424Expenses 2024: $582,095Net Income 2024: -$101,6712024

Highlighted filing

2014

Revenue$427,355
Expenses$249,226
Net Income$178,129
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 6, 2015
Return Version
2014v5.0
Gross Receipts
$507,768
Mission and Program Overview

Mission

Fire protection for the citizens of skippack township.

FIRE PROTECTION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,349,495$4,201,578▼ $147,917
Rtn Earn Endowment Incm Other Fnds$2,098,202$2,172,351▲ $74,149
Cash and Non-Interest-Bearing Accounts$173,955$413,844▲ $239,889
Cap Stk Tr Prin Current Funds$74,149$178,129▲ $103,980
Savings and Temporary Cash Investments$90,136$90,145▲ $9
Intangible Assets$4,897$4,339▼ $558
Accounts Receivable$71$0▼ $71
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$4,646,006$4,737,384▲ $91,378
Other Assets Total$27,452$27,478▲ $26
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,443,335$2,356,584▼ $86,751
Other Liabilities$30,320$30,320→ $0
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,473,655$2,386,904▼ $86,751
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,172,351$2,350,480▲ $178,129
Total Liabilities and Net Assets / Fund Balance$4,646,006$4,737,384▲ $91,378

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,113,697$1,583,175$5,696,872
Equipment$37,881$1,799,865$1,837,746
Land$50,000-$50,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Keith GriersonPresident
Raymond LavenbergVice President
Sarah MccormickSecretary
Joseph FennellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$164,366
Program Service Revenue
$0
Investment Income
$649
Other Revenue
$262,340
All Other Contributions
$66,287
Change in Net Assets
$178,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$249,226
Total Fundraising Expense$698
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$111,488--$111,488
All Other Expenses$72,921--$72,921
Interest$26,321--$26,321
Insurance$23,573--$23,573
Fees for Services Accounting-$3,300-$3,300
Fees for Services Legal-$2,525-$2,525
Other Expenses$2,367$300-$2,367
Office Expenses-$1,395$698$2,093
Total Functional Expenses$241,008$7,520$698$249,226
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,109
Fundraising Direct Expenses$2,755
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fund Drive$66,109$66,109$2,755$63,354
Total Events$66,109$66,109$2,755$63,354
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$30,320
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, LINE 11B

The form 990 is prepared by a public accounting firm and reviewed by the board.

Filing and Contact Details

Filer

Filer Name
Skippack Fire Company
EIN
23-6272968
In Care Of
% FIRE COMPANY
Phone
6105849995
Address
1230 BRIDGE STREET PO BOX 1, Suite, SKIPPACK, PA 19474

Signing Officer

Name
Joe Fennell
Title
Treasurer
Phone
6105849995
Signed
2015-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Bracken
Formed
1899
Legal Domicile
Pa
Voting Board Members
60
Independent Board Members
60
Employees
0

Preparer

Firm
Stafford & Paulsworth
Address
1364 WELSH ROAD SUITE A100, NORTH WALES, PA 19454
Preparer
Michael J Mcgowan
Phone
6105849995
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 19

The organization will make its governing documents, conflict of interest policy, and financial statements availabe to the public upon request.

Form 990 Part IX Line 24 - Other Expenses

Description:administrative expenses total expenses:4882 program services:4882

Form 990 Part IX Line 24 - Other Expenses

Description:building maintenance total expenses:13831 program services:13831

Form 990 Part IX Line 24 - Other Expenses

Description:grounds maintenance total expenses:5928 program services:5928

Form 990 Part IX Line 24 - Other Expenses

Description:trash total expenses:926 program services:926

Form 990 Part IX Line 24 - Other Expenses

Description:electric and gas total expenses:18134 program services:18134

Form 990 Part IX Line 24 - Other Expenses

Description:telephone and communication total expenses:4718 program services:4718

Form 990 Part IX Line 24 - Other Expenses

Description:janitoral total expenses:2799 program services:2799

Form 990 Part IX Line 24 - Other Expenses

Description:training total expenses:4268 program services:4268

Form 990 Part IX Line 24 - Other Expenses

Description:fire rescue tools total expenses:3609 program services:3609

Form 990 Part IX Line 24 - Other Expenses

Description:fuel for fleet total expenses:4470 program services:4470

Form 990 Part IX Line 24 - Other Expenses

Description:truck repairs total expenses:9122 program services:9122

Form 990 Part IX Line 24 - Other Expenses

Description:sewer total expenses:234 program services:234

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM AND REVIEWED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:ADMINISTRATIVE EXPENSES TOTAL EXPENSES:4882 PROGRAM SERVICES:4882
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:BUILDING MAINTENANCE TOTAL EXPENSES:13831 PROGRAM SERVICES:13831
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:GROUNDS MAINTENANCE TOTAL EXPENSES:5928 PROGRAM SERVICES:5928
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:TRASH TOTAL EXPENSES:926 PROGRAM SERVICES:926
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:ELECTRIC AND GAS TOTAL EXPENSES:18134 PROGRAM SERVICES:18134
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:TELEPHONE AND COMMUNICATION TOTAL EXPENSES:4718 PROGRAM SERVICES:4718
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:JANITORAL TOTAL EXPENSES:2799 PROGRAM SERVICES:2799
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION:TRAINING TOTAL EXPENSES:4268 PROGRAM SERVICES:4268
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION:FIRE RESCUE TOOLS TOTAL EXPENSES:3609 PROGRAM SERVICES:3609
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DESCRIPTION:FUEL FOR FLEET TOTAL EXPENSES:4470 PROGRAM SERVICES:4470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DESCRIPTION:TRUCK REPAIRS TOTAL EXPENSES:9122 PROGRAM SERVICES:9122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13DESCRIPTION:SEWER TOTAL EXPENSES:234 PROGRAM SERVICES:234
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13FORM 990 PART IX LINE 24 - OTHER EXPENSES
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