Civic Intelligence

Newtown Fire Association Inc

990 • Fiscal year 2020 • EIN 23-6296462

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 06, 2021

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

40th percentile

0.05x

Higher debt load relative to assets than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.47x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

63rd percentile

13%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

81st percentile

36%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

1.8%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,151,299

Up $1,097,577 (+36%) from 2019

Net Assets

Up

$3,955,986

Up $1,108,513 (+39%) from 2019

Liabilities

Down

$195,313

Down $10,936 (-5.3%) from 2019

Revenue

Up

$418,767

Up $7,264 (+1.8%) from 2019

Expenses

Down

$366,002

Down $22,170 (-5.7%) from 2019

Net Income

Up

$52,765

Up $29,434 (+126%) from 2019

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

2020

Assets$4,151,299
Liabilities$195,313
Net Assets$3,955,986

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

2020

Revenue$418,767
Expenses$366,002
Net Income$52,765
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 6, 2021
Return Version
2020v4.1
Gross Receipts
$443,266
Mission and Program Overview

Mission

Fire protection & prevention.

Fire protection and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,677,166$2,252,171▲ $575,005
Investments in Publicly Traded Securities$878,922$570,859▼ $308,063
Cash and Non-Interest-Bearing Accounts$463,928$228,276▼ $235,652
Prepaid Expenses and Deferred Charges$33,706$27,166▼ $6,540
Total Assets$3,053,722$4,151,299▲ $1,097,577
Other Assets Total$0$1,072,827▲ $1,072,827
Liabilities
Mortgage Notes Payable Secured by Investment Property$184,990$173,381▼ $11,609
Accounts Payable and Accrued Expenses$21,259$21,932▲ $673
Total Liabilities$206,249$195,313▼ $10,936
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,847,473$2,883,159▲ $35,686
Net Assets With Donor Restrictions-$1,072,827-
Total Net Assets Fund Balance$2,847,473$3,955,986▲ $1,108,513
Total Liabilities and Net Assets / Fund Balance$3,053,722$4,151,299▲ $1,097,577

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,440,141$1,547,634$2,987,775
Equipment$744,946$2,146,562$2,891,508
Land$67,084-$67,084
Other Assets Org$1,072,827--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Warren DallasPresident
Jim BaniewiczVice President
Chris JonesTrustee
ED O'SULLIVANTrustee
Joe MartindellTrustee
Roy VanderwyckTrustee
Tim KilgoreTrustee
Bill WiseSecretary
Jennifer GaynorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$357,961
Program Service Revenue
$0
Investment Income
$37,741
Other Revenue
$23,065
All Other Contributions
$102,319
Change in Net Assets
$52,765

Audited Revenue Reconciliation

Revenue per Audited Statements
$418,767
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$24,499
Total Revenue per Audited Statements
$443,266
Total Revenue per Form 990
$418,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$359,654
Professional Fundraising Fees$6,348
Total Fundraising Expense$6,348
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$119,009--$119,009
Insurance$39,139--$39,139
Fees for Services Other$27,630--$27,630
Occupancy-$25,116-$25,116
Fees for Services Accounting-$10,680-$10,680
Interest$9,948--$9,948
Other Expenses$6,491--$6,491
Fees for Services Professional Fundraising--$6,348$6,348
All Other Expenses$5,775$500-$6,275
Office Expenses-$3,286-$3,286
Total Functional Expenses$320,072$39,582$6,348$366,002

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$390,501
Expenses per Audited Statements$366,002
Total Expenses per Form 990$366,002
Expenses Not Reported on Form 990$24,499
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,348
Fundraising Gross Income$1,920
Fundraising Direct Expenses$987
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 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
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
Jennifer Gaynor
Title
Treasurer
Phone
2158605503
Signed
2021-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Gaynor
Formed
1889
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
72

Preparer

Firm
Maillie Llp
Address
500 NORTH LEWIS RD, LIMERICK, PA 19468
Preparer
Donald J Pierce CPA
Phone
6109351420
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The association takes the position that it has no net income derived from unrelated business activities and believes it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expense, net against revenue 987. Loss on disposal of fixed assets 23,512.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expense, net against revenue 987. Loss on sale of fixed assets 23,512.

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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt052765
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt012966
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0182861
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0116454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0103331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0123783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt096663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0623092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt074219
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt073686
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt047777
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt039562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029983
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0265227
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0588736
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84830
IRS990ScheduleA/PublicSupportPY170Pct00.85970
IRS990ScheduleA/PublicSupportTotal170Amt01483292
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0175100
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0175100
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0170000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0170000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0170000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0860200
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0357961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0291554
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0273331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0293783
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0266663
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01483292
IRS990ScheduleA/TotalSupportAmt01748519
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01440141
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01547634
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02987775
IRS990ScheduleD/EquipmentGrp/BookValueAmt0744946
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02146562
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02891508
IRS990ScheduleD/ExpensesNotReportedAmt024499
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0366002
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt067084
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067084
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01072827
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN CHARITABLE TRUST
IRS990ScheduleD/OtherExpensesIncludedAmt024499
IRS990ScheduleD/OtherRevenueAmt024499
IRS990ScheduleD/RevenueNotReportedAmt024499
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0418767
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION TAKES THE POSITION THAT IT HAS NO NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES AND BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSE, NET AGAINST REVENUE 987. LOSS ON DISPOSAL OF FIXED ASSETS 23,512.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSE, NET AGAINST REVENUE 987. LOSS ON SALE OF FIXED ASSETS 23,512.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02252171
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01072827
IRS990ScheduleD/TotalExpensesPerForm990Amt0366002
IRS990ScheduleD/TotalRevenuePerForm990Amt0418767
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0443266
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0390501
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03053722
IRS990/TotalAssetsEOYAmt04151299
IRS990/TotalAssetsGrp/BOYAmt03053722
IRS990/TotalAssetsGrp/EOYAmt04151299
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0357961
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06348
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039582
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0320072
IRS990/TotalFunctionalExpensesGrp/TotalAmt0366002
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0206249
IRS990/TotalLiabilitiesEOYAmt0195313
IRS990/TotalLiabilitiesGrp/BOYAmt0206249
IRS990/TotalLiabilitiesGrp/EOYAmt0195313
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02847473
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03955986
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0320072
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt075152
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-14346
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0418767
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt072
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03053722
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04151299
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014 LIBERTY STREET
IRS990/USAddress/CityNm0NEWTOWN
IRS990/USAddress/StateAbbreviationCd0PA

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