Civic Intelligence

Newtown Fire Association Inc

990 • Fiscal year 2018 • EIN 23-6296462

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 12, 2019

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.62x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

15th percentile

-17%

Higher net margin than 15% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

32nd percentile

-2.9%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-7.8%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,055,419

Down $92,712 (-2.9%) from 2017

Net Assets

Down

$2,824,142

Down $65,021 (-2.3%) from 2017

Liabilities

Down

$231,277

Down $27,691 (-11%) from 2017

Revenue

Down

$374,475

Down $31,612 (-7.8%) from 2017

Expenses

Down

$439,496

Down $26,478 (-5.7%) from 2017

Net Income

Down

-$65,021

Down $5,134 (-8.6%) from 2017

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

2018

Assets$3,055,419
Liabilities$231,277
Net Assets$2,824,142

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

2018

Revenue$374,475
Expenses$439,496
Net Income-$65,021
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 12, 2019
Return Version
2018v3.1
Gross Receipts
$453,492
Mission and Program Overview

Mission

Fire protection & prevention.

Fire protection and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,009,298$1,837,855▼ $171,443
Pd in Cap Srpls Land Bldg Eqp Fund$2,009,298$1,837,855▼ $171,443
Rtn Earn Endowment Incm Other Fnds$879,865$986,287▲ $106,422
Investments in Publicly Traded Securities$759,739$786,728▲ $26,989
Cash and Non-Interest-Bearing Accounts$345,388$397,130▲ $51,742
Prepaid Expenses and Deferred Charges$33,706$33,706→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,148,131$3,055,419▼ $92,712
Liabilities
Mortgage Notes Payable Secured by Investment Property$243,152$207,059▼ $36,093
Accounts Payable and Accrued Expenses$15,816$24,218▲ $8,402
Total Liabilities$258,968$231,277▼ $27,691
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,889,163$2,824,142▼ $65,021
Total Liabilities and Net Assets / Fund Balance$3,148,131$3,055,419▼ $92,712

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,628,647$1,388,216$3,016,863
Equipment$142,124$2,535,202$2,677,326
Land$67,084-$67,084
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$273,331
Program Service Revenue
$0
Investment Income
$33,885
Other Revenue
$67,259
All Other Contributions
$85,155
Change in Net Assets
$-65,021

Audited Revenue Reconciliation

Revenue per Audited Statements
$374,475
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$79,017
Total Revenue per Audited Statements
$453,492
Total Revenue per Form 990
$374,475
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,338
Professional Fundraising Fees$8,158
Total Fundraising Expense$8,158
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$229,391--$229,391
Insurance$35,379--$35,379
Fees for Services Other$33,188--$33,188
Occupancy-$28,201-$28,201
Interest$11,082--$11,082
Fees for Services Professional Fundraising--$8,158$8,158
Fees for Services Accounting-$5,610-$5,610
Other Expenses$4,948--$4,948
Office Expenses-$2,441-$2,441
All Other Expenses$2,331--$2,331
Total Functional Expenses$395,086$36,252$8,158$439,496

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$518,513
Expenses per Audited Statements$439,496
Total Expenses per Form 990$439,496
Expenses Not Reported on Form 990$79,017
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$122,272
Fundraising Direct Expenses$79,017
Professional Fundraising Fees$8,158

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Blues and Brews$122,272$122,272$24,490$97,782
Total Events$122,272$122,272$79,017$43,255
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
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
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
2019-06-12
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 79,017.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expense, net against revenue 79,017.

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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/BOYAmt0879865
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0986287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0103331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0123783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt096663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0102718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0101539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0528034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt047777
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt039562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029983
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt033894
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt040316
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0191532
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0778606
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87480
IRS990ScheduleA/PublicSupportPY170Pct00.88870
IRS990ScheduleA/PublicSupportTotal170Amt01338034
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0170000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0170000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0170000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0150000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0810000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0273331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0293783
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0266663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0252718
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0251539
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01338034
IRS990ScheduleA/TotalSupportAmt01529566
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01628647
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01388216
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03016863
IRS990ScheduleD/EquipmentGrp/BookValueAmt0142124
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02535202
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02677326
IRS990ScheduleD/ExpensesNotReportedAmt079017
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0439496
IRS990ScheduleD/LandGrp/BookValueAmt067084
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067084
IRS990ScheduleD/OtherExpensesIncludedAmt079017
IRS990ScheduleD/OtherRevenueAmt079017
IRS990ScheduleD/RevenueNotReportedAmt079017
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0374475
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSE, NET AGAINST REVENUE 79,017.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSE, NET AGAINST REVENUE 79,017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01837855
IRS990ScheduleD/TotalExpensesPerForm990Amt0439496
IRS990ScheduleD/TotalRevenuePerForm990Amt0374475
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0453492
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0518513
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt079017
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01950
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01950
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BLUES AND BREWS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt034242
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt034242
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0122272
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0122272
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0122272
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0122272
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt043255
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt024490
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt024490
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt018335
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018335
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03148131
IRS990/TotalAssetsEOYAmt03055419
IRS990/TotalAssetsGrp/BOYAmt03148131
IRS990/TotalAssetsGrp/EOYAmt03055419
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0273331
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08158
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036252
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0395086
IRS990/TotalFunctionalExpensesGrp/TotalAmt0439496
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0258968
IRS990/TotalLiabilitiesEOYAmt0231277
IRS990/TotalLiabilitiesGrp/BOYAmt0258968
IRS990/TotalLiabilitiesGrp/EOYAmt0231277
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02889163
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02824142
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0395086
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt091032
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010112
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0374475
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt087
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03148131
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03055419
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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