Civic Intelligence

Skippack Fire Company Inc.

990 • Fiscal year 2017 • EIN 23-6272968

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 20, 2018

1230 Bridge Street PO Box 1Skippack, PA 19474

(610) 584-9995

Siviq Scores

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

Liabilities / Assets

70th percentile

0.41x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

4.54x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

43rd percentile

2.0%

Faster asset growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

46th percentile

3.2%

Faster revenue growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,138,133

Up $102,313 (+2.0%) from 2016

Net Assets

Up

$3,021,025

Up $194,845 (+6.9%) from 2016

Liabilities

Down

$2,117,108

Down $92,532 (-4.2%) from 2016

Revenue

Up

$465,832

Up $14,390 (+3.2%) from 2016

Expenses

Up

$270,987

Up $42,007 (+18%) from 2016

Net Income

Down

$194,845

Down $27,617 (-12%) from 2016

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

2017

Assets$5,138,133
Liabilities$2,117,108
Net Assets$3,021,025

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

2017

Revenue$465,832
Expenses$270,987
Net Income$194,845
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 20, 2018
Return Version
2017v2.3
Gross Receipts
$552,548
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$3,975,483$3,835,337▼ $140,146
Cash and Non-Interest-Bearing Accounts$639,815$731,059▲ $91,244
Savings and Temporary Cash Investments$390,821$542,586▲ $151,765
Intangible Assets$3,218$2,659▼ $559
Accounts Receivable$0$0→ $0
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
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$5,035,820$5,138,133▲ $102,313
Other Assets Total$26,483$26,492▲ $9
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,180,266$2,090,616▼ $89,650
Other Liabilities$29,374$26,492▼ $2,882
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$2,209,640$2,117,108▼ $92,532
Net Assets / Fund Balance
Unrestricted Net Assets$2,826,180$3,021,025▲ $194,845
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,826,180$3,021,025▲ $194,845
Total Liabilities and Net Assets / Fund Balance$5,035,820$5,138,133▲ $102,313

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,740,218$1,990,879$5,731,097
Equipment$45,119$1,569,389$1,614,508
Land$50,000-$50,000
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$146,654
Program Service Revenue
$0
Investment Income
$2,776
Other Revenue
$316,402
All Other Contributions
$45,848
Change in Net Assets
$194,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$270,987
Total Fundraising Expense$2,205
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$105,235--$105,235
All Other Expenses$80,201--$80,201
Insurance$33,448--$33,448
Interest$23,424--$23,424
Office Expenses-$4,408$2,205$6,613
Fees for Services Accounting-$3,400-$3,400
Other Expenses$2,217$977-$2,217
Total Functional Expenses$259,997$8,785$2,205$270,987
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$65,523
Fundraising Direct Expenses$3,853
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fund Drive$65,523$65,523$3,853$61,670
Total Events$65,523$65,523$3,853$61,670
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$26,492
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, SKIPPACK, PA 19474

Signing Officer

Name
Joseph J Fennell
Title
Treasurer
Phone
6104890911
Signed
2018-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph J Fennell
Formed
1899
Legal Domicile
Pa
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Stafford & Paulsworth
Address
736 LOWER STATE RD BLDG B, NORTH WALES, PA 19454
Preparer
William J Paulsworth
Phone
2156462600
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:15428 program services:15428

Form 990 Part IX Line 24 - Other Expenses

Description:building maintenance total expenses:6751 program services:6751

Form 990 Part IX Line 24 - Other Expenses

Description:trash total expenses:904 program services:904

Form 990 Part IX Line 24 - Other Expenses

Description:electric and gas total expenses:18243 program services:18243

Form 990 Part IX Line 24 - Other Expenses

Description:telephone and communication total expenses:3479 program services:3479

Form 990 Part IX Line 24 - Other Expenses

Description:janitoral total expenses:2843 program services:2843

Form 990 Part IX Line 24 - Other Expenses

Description:training total expenses:2273 program services:2273

Form 990 Part IX Line 24 - Other Expenses

Description:fire rescue tools total expenses:599 program services:599

Form 990 Part IX Line 24 - Other Expenses

Description:fuel for fleet total expenses:5077 program services:5077

Form 990 Part IX Line 24 - Other Expenses

Description:truck repairs total expenses:17126 program services:17126

Form 990 Part IX Line 24 - Other Expenses

Description:sewer total expenses:4153 program services:4153

Form 990 Part IX Line 24 - Other Expenses

Description:recruiting & retention total expenses:3325 program services:3325

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYOtherRevenueAmt0319204
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IRS990/RentalIncomeOrLossGrp/RealAmt0254520
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0111257
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0497705
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0255015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0331841
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01126694
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01164
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012833
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IRS990ScheduleD/EquipmentGrp/BookValueAmt045119
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01569389
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01614508
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
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IRS990ScheduleD/TotalLiabilityAmt026492
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUND DRIVE
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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:15428 PROGRAM SERVICES:15428
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:BUILDING MAINTENANCE TOTAL EXPENSES:6751 PROGRAM SERVICES:6751
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:TRASH TOTAL EXPENSES:904 PROGRAM SERVICES:904
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:ELECTRIC AND GAS TOTAL EXPENSES:18243 PROGRAM SERVICES:18243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:TELEPHONE AND COMMUNICATION TOTAL EXPENSES:3479 PROGRAM SERVICES:3479
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:JANITORAL TOTAL EXPENSES:2843 PROGRAM SERVICES:2843
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:TRAINING TOTAL EXPENSES:2273 PROGRAM SERVICES:2273
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION:FIRE RESCUE TOOLS TOTAL EXPENSES:599 PROGRAM SERVICES:599
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION:FUEL FOR FLEET TOTAL EXPENSES:5077 PROGRAM SERVICES:5077
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DESCRIPTION:TRUCK REPAIRS TOTAL EXPENSES:17126 PROGRAM SERVICES:17126
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DESCRIPTION:SEWER TOTAL EXPENSES:4153 PROGRAM SERVICES:4153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13DESCRIPTION:RECRUITING & RETENTION TOTAL EXPENSES:3325 PROGRAM SERVICES:3325
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 24 - OTHER EXPENSES
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13FORM 990 PART IX LINE 24 - OTHER EXPENSES
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