Civic Intelligence

Newtown Fire Association Inc

990 • Fiscal year 2017 • EIN 23-6296462

Jan 01, 2017 to Dec 31, 2017 • Filed on May 01, 2018

14 Liberty StreetNewtown, PA 18940

(215) 860-5503

Siviq Scores

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

Liabilities / Assets

48th percentile

0.08x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.64x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

26th percentile

-2.9%

Faster asset growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,148,131

Down $93,171 (-2.9%) from 2016

Net Assets

Down

$2,889,163

Down $59,887 (-2.0%) from 2016

Liabilities

Down

$258,968

Down $33,284 (-11%) from 2016

Revenue

Up

$406,087

Up $41,165 (+11%) from 2016

Expenses

Up

$465,974

Up $10,737 (+2.4%) from 2016

Net Income

Up

-$59,887

Up $30,428 (+34%) 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 2012: $3,842,357Liabilities 2012: $386,759Net Assets 2012: $3,455,5982012Assets 2013: $3,812,905Liabilities 2013: $364,016Net Assets 2013: $3,448,8892013Assets 2014: $3,550,941Liabilities 2014: $354,211Net Assets 2014: $3,196,7302014Assets 2015: $3,369,232Liabilities 2015: $329,867Net Assets 2015: $3,039,3652015Assets 2016: $3,241,302Liabilities 2016: $292,252Net Assets 2016: $2,949,0502016Assets 2017: $3,148,131Liabilities 2017: $258,968Net Assets 2017: $2,889,1632017Assets 2018: $3,055,419Liabilities 2018: $231,277Net Assets 2018: $2,824,1422018Assets 2019: $3,053,722Liabilities 2019: $206,249Net Assets 2019: $2,847,4732019Assets 2020: $4,151,299Liabilities 2020: $195,313Net Assets 2020: $3,955,9862020Assets 2021: $4,220,773Liabilities 2021: $178,199Net Assets 2021: $4,042,5742021Assets 2022: $4,212,097Liabilities 2022: $168,045Net Assets 2022: $4,044,0522022Assets 2023: $4,368,894Liabilities 2023: $168,962Net Assets 2023: $4,199,9322023Assets 2024: $4,394,118Liabilities 2024: $135,305Net Assets 2024: $4,258,8132024

Highlighted filing

2017

Assets$3,148,131
Liabilities$258,968
Net Assets$2,889,163

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $474,2762012Revenue 2013: $496,105Expenses 2013: $502,814Net Income 2013: -$6,7092013Revenue 2014: $359,793Expenses 2014: $611,952Net Income 2014: -$252,1592014Revenue 2015: $359,327Expenses 2015: $516,692Net Income 2015: -$157,3652015Revenue 2016: $364,922Expenses 2016: $455,237Net Income 2016: -$90,3152016Revenue 2017: $406,087Expenses 2017: $465,974Net Income 2017: -$59,8872017Revenue 2018: $374,475Expenses 2018: $439,496Net Income 2018: -$65,0212018Revenue 2019: $411,503Expenses 2019: $388,172Net Income 2019: $23,3312019Revenue 2020: $418,767Expenses 2020: $366,002Net Income 2020: $52,7652020Revenue 2021: $498,162Expenses 2021: $411,574Net Income 2021: $86,5882021Revenue 2022: $547,599Expenses 2022: $482,067Net Income 2022: $65,5322022Revenue 2023: $1,015,203Expenses 2023: $878,962Net Income 2023: $136,2412023Revenue 2024: $586,725Expenses 2024: $612,015Net Income 2024: -$25,2902024

Highlighted filing

2017

Revenue$406,087
Expenses$465,974
Net Income-$59,887
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 1, 2018
Return Version
2017v2.2
Gross Receipts
$493,895
Mission and Program Overview

Mission

Fire protection & prevention.

Fire protection and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,208,280$2,009,298▼ $198,982
Pd in Cap Srpls Land Bldg Eqp Fund$2,208,280$2,009,298▼ $198,982
Rtn Earn Endowment Incm Other Fnds$740,770$879,865▲ $139,095
Investments in Publicly Traded Securities$493,274$759,739▲ $266,465
Cash and Non-Interest-Bearing Accounts$507,297$345,388▼ $161,909
Prepaid Expenses and Deferred Charges$32,451$33,706▲ $1,255
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,241,302$3,148,131▼ $93,171
Liabilities
Mortgage Notes Payable Secured by Investment Property$277,785$243,152▼ $34,633
Accounts Payable and Accrued Expenses$14,467$15,816▲ $1,349
Total Liabilities$292,252$258,968▼ $33,284
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,949,050$2,889,163▼ $59,887
Total Liabilities and Net Assets / Fund Balance$3,241,302$3,148,131▼ $93,171

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,766,451$1,230,383$2,996,834
Equipment$175,763$2,463,644$2,639,407
Land$67,084-$67,084
Compensation and Service Providers

Board Members and Trustees

NameTitle
William FabianPresident
Shawn KeenVice President
Chris JonesTrustee
ED O'SULLIVANTrustee
Joe MartindellTrustee
Ray PughTrustee
Rob SuttonTrustee
Kirk JonesSecretary
Warren DallasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$293,783
Program Service Revenue
$0
Investment Income
$26,828
Other Revenue
$85,476
All Other Contributions
$77,783
Change in Net Assets
$-59,887

Audited Revenue Reconciliation

Revenue per Audited Statements
$406,087
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$87,808
Total Revenue per Audited Statements
$493,895
Total Revenue per Form 990
$406,087
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$451,686
Professional Fundraising Fees$14,288
Total Fundraising Expense$14,288
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$249,529--$249,529
Insurance$37,001--$37,001
Fees for Services Other$24,333--$24,333
Occupancy-$23,851-$23,851
Fees for Services Professional Fundraising--$14,288$14,288
Interest$13,238--$13,238
Other Expenses$7,642--$7,642
Fees for Services Accounting-$4,160-$4,160
All Other Expenses$2,017$500-$2,517
Office Expenses-$2,420-$2,420
Total Functional Expenses$420,755$30,931$14,288$465,974

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$553,782
Expenses per Audited Statements$465,974
Total Expenses per Form 990$465,974
Expenses Not Reported on Form 990$87,808
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$152,383
Fundraising Direct Expenses$87,808
Professional Fundraising Fees$14,288

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Blues and Brews$152,383$152,383$29,355$123,028
Total Events$152,383$152,383$87,808$64,575
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members of the association include firefighters who are eligible to elect members of the board of trustees and approve decisions of the board. The membership also includes probationary firefighters and junior firefighters.

Form 990, Part VI, Section A, Line 7A

Members of the association elect the trustees and officers of the board.

Form 990, Part VI, Section A, Line 7B

Governance decisions are subject to approval by members of the association.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the governing body.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available at the fire house upon request.

Filing and Contact Details

Filer

Filer Name
Newtown Fire Association Inc
EIN
23-6296462
Phone
2158605503
Address
14 LIBERTY STREET, NEWTOWN, PA 18940

Signing Officer

Name
Warren Dallas
Title
Treasurer
Phone
2158605503
Signed
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Warren Dallas
Formed
1889
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
87

Preparer

Firm
Maillie Llp
Address
PO BOX 680, OAKS, PA 19456-0680
Preparer
Edward J Furman CPA
Phone
6109351420
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expense, net against revenue 87,808.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expense, net against revenue 87,808.

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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/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0740770
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0879865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0123783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt096663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0102718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0101539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0116128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0540831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt039562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029983
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033894
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040316
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04301
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0148056
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0646222
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt018981
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018981
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88870
IRS990ScheduleA/PublicSupportPY170Pct00.89320
IRS990ScheduleA/PublicSupportTotal170Amt01334331
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0170000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0170000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0150000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0153500
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0793500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0293783
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0266663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0252718
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0251539
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0269628
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01334331
IRS990ScheduleA/TotalSupportAmt01501368
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01766451
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01230383
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02996834
IRS990ScheduleD/EquipmentGrp/BookValueAmt0175763
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02463644
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02639407
IRS990ScheduleD/ExpensesNotReportedAmt087808
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0465974
IRS990ScheduleD/LandGrp/BookValueAmt067084
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067084
IRS990ScheduleD/OtherExpensesIncludedAmt087808
IRS990ScheduleD/OtherRevenueAmt087808
IRS990ScheduleD/RevenueNotReportedAmt087808
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0406087
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSE, NET AGAINST REVENUE 87,808.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSE, NET AGAINST REVENUE 87,808.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02009298
IRS990ScheduleD/TotalExpensesPerForm990Amt0465974
IRS990ScheduleD/TotalRevenuePerForm990Amt0406087
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0493895
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0553782
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt087808
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01600
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01600
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BLUES AND BREWS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt036538
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt036538
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0152383
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0152383
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0152383
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0152383
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt064575
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt029355
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt029355
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt020315
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt020315
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE ASSOCIATION INCLUDE FIREFIGHTERS WHO ARE ELIGIBLE TO ELECT MEMBERS OF THE BOARD OF TRUSTEES AND APPROVE DECISIONS OF THE BOARD. THE MEMBERSHIP ALSO INCLUDES PROBATIONARY FIREFIGHTERS AND JUNIOR FIREFIGHTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE ASSOCIATION ELECT THE TRUSTEES AND OFFICERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNANCE DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE FIRE HOUSE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03241302
IRS990/TotalAssetsEOYAmt03148131
IRS990/TotalAssetsGrp/BOYAmt03241302
IRS990/TotalAssetsGrp/EOYAmt03148131
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0293783
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014288
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030931
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0420755
IRS990/TotalFunctionalExpensesGrp/TotalAmt0465974
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0292252
IRS990/TotalLiabilitiesEOYAmt0258968
IRS990/TotalLiabilitiesGrp/BOYAmt0292252
IRS990/TotalLiabilitiesGrp/EOYAmt0258968
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02949050
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02889163
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0420755
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0104137
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08167
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0406087
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt087
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03241302
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03148131
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014 LIBERTY STREET
IRS990/USAddress/CityNm0NEWTOWN
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd018940
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09

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