Civic Intelligence

Gloucester Volunteer Fire and Rescue Squad Inc.

990 • Fiscal year 2020 • EIN 23-7028667

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 08, 2021

P O Box 1417Gloucester, VA 23061

(804) 693-2148

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

6th percentile

0.00x

Higher debt load relative to revenue than 6% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

92nd percentile

53%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

14th percentile

$5,641

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

44th percentile

4.7%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

25%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$10,922,892

Up $485,356 (+4.7%) from 2019

Net Assets

Up

$10,918,203

Up $488,157 (+4.7%) from 2019

Liabilities

Down

$4,689

Down $2,801 (-37%) from 2019

Revenue

Up

$2,300,446

Up $463,128 (+25%) from 2019

Expenses

Down

$1,075,280

Down $78,339 (-6.8%) from 2019

Net Income

Up

$1,225,166

Up $541,467 (+79%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2012: $6,760,945Liabilities 2012: $14,683Net Assets 2012: $6,746,2622012Assets 2013: $6,958,610Liabilities 2013: $20,972Net Assets 2013: $6,937,6382013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $7,759,971Liabilities 2015: $34,875Net Assets 2015: $7,725,0962015Assets 2016: $8,171,657Liabilities 2016: $28,911Net Assets 2016: $8,142,7462016Assets 2017: $9,038,937Liabilities 2017: $28,261Net Assets 2017: $9,010,6762017Assets 2018: $9,782,558Liabilities 2018: $28,503Net Assets 2018: $9,754,0552018Assets 2019: $10,437,536Liabilities 2019: $7,490Net Assets 2019: $10,430,0462019Assets 2020: $10,922,892Liabilities 2020: $4,689Net Assets 2020: $10,918,2032020Assets 2021: $12,110,476Liabilities 2021: $18,188Net Assets 2021: $12,092,2882021Assets 2022: $14,626,718Liabilities 2022: $7,548Net Assets 2022: $14,619,1702022Assets 2023: $16,904,049Liabilities 2023: $38,278Net Assets 2023: $16,865,7712023Assets 2024: $18,957,099Liabilities 2024: $29,255Net Assets 2024: $18,927,8442024

Highlighted filing

2020

Assets$10,922,892
Liabilities$4,689
Net Assets$10,918,203

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2012: $931,8662012Revenue 2013: $1,296,305Expenses 2013: $1,076,404Net Income 2013: $219,9012013Revenue 2014: $1,700,796Expenses 2014: $1,100,786Net Income 2014: $600,0102014Revenue 2015: $1,303,873Expenses 2015: $1,156,087Net Income 2015: $147,7862015Revenue 2016: $1,515,176Expenses 2016: $1,135,111Net Income 2016: $380,0652016Revenue 2017: $1,771,250Expenses 2017: $1,042,245Net Income 2017: $729,0052017Revenue 2018: $1,883,747Expenses 2018: $1,140,368Net Income 2018: $743,3792018Revenue 2019: $1,837,318Expenses 2019: $1,153,619Net Income 2019: $683,6992019Revenue 2020: $2,300,446Expenses 2020: $1,075,280Net Income 2020: $1,225,1662020Revenue 2021: $2,292,871Expenses 2021: $1,118,786Net Income 2021: $1,174,0852021Revenue 2022: $3,861,308Expenses 2022: $1,334,426Net Income 2022: $2,526,8822022Revenue 2023: $2,849,656Expenses 2023: $1,403,214Net Income 2023: $1,446,4422023Revenue 2024: $3,650,825Expenses 2024: $1,588,752Net Income 2024: $2,062,0732024

Highlighted filing

2020

Revenue$2,300,446
Expenses$1,075,280
Net Income$1,225,166
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 8, 2021
Return Version
2020v4.0
Gross Receipts
$2,758,009
Mission and Program Overview

Mission

Fire & rescueprovide emergency fire and rescue services to upper gloucester county, va

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,493,097$6,648,488▲ $155,391
Cash and Non-Interest-Bearing Accounts$690,223$1,695,566▲ $1,005,343
Investments in Publicly Traded Securities$1,524,679$1,576,145▲ $51,466
Savings and Temporary Cash Investments$992,418$1,002,693▲ $10,275
Pledges and Grants Receivable$737,119$0▼ $737,119
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$10,437,536$10,922,892▲ $485,356
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$5,800$2,999▼ $2,801
Other Liabilities$1,690$1,690→ $0
Total Liabilities$7,490$4,689▼ $2,801
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,692,927$10,918,203▲ $1,225,276
Net Assets With Donor Restrictions$737,119--
Total Net Assets Fund Balance$10,430,046$10,918,203▲ $488,157
Total Liabilities and Net Assets / Fund Balance$10,437,536$10,922,892▲ $485,356

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,885,943$5,401,472$8,287,415
Buildings$1,453,310$961,596$2,414,906
Land$2,306,798-$2,306,798
Other Land Buildings$2,437$102,647$105,084
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lewis KernsAsst EMS ChiefPT$5,641$5,641

Board Members and Trustees

NameTitle
Bruce SolesPresident
Tony DecoasterVice President
Forrest ConnerAsst Fire Chief
Jon WilliamsAsst Fire Chief
W L JohnsonAsst Fire Chief
Richard BrownChaplain
Jasper ClementsFire Chief
Karen KramerSecretary
Lewis HorsleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,099,882
Program Service Revenue
$0
Investment Income
$62,111
Other Revenue
$138,453
All Other Contributions
$380,093
Change in Net Assets
$1,225,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$765,404
Salaries, Compensation, and Employee Benefits$309,876
Total Fundraising Expense$171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$360,747--$360,747
Other Salaries and Wages$281,350--$281,350
All Other Expenses$103,862$2,149-$106,011
Insurance$96,395--$96,395
Occupancy$49,568--$49,568
Payroll Taxes$22,885--$22,885
Other Expenses$21,813--$21,813
Fees for Services Accounting-$10,694-$10,694
Current Officers, Directors, Trustees, and Key Employees-$5,641-$5,641
Fees for Services Legal-$2,500-$2,500
Advertising--$171$171
Total Functional Expenses$1,054,125$20,984$171$1,075,280
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$1,690
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

At the first meeting of the year the entire membership is informed of the conflict of interest policy and asked if anyone violates the policy. New members are told of the policy when joining.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Gloucester Volunteer Fire & Rescue Squad
EIN
23-7028667
Phone
8046932148
Address
P O BOX 1417, GLOUCESTER, VA 23061

Signing Officer

Name
Lewis Horsley
Title
Treasurer
Signed
2021-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lewis Horsley
Formed
1952
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
27
Volunteers
197

Preparer

Firm
Michael a Burns LLC
Address
PO Box 1308, GLOUCESTER, VA 23061
Preparer
Michael A Burns
Phone
7576452074
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Adjustment to Prior Year Net Assets with donor restrictions = -$737009

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IRS990/OccupancyGrp/TotalAmt049568
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-737009
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Fire Equipment Supplies
IRS990/OtherExpensesGrp/Desc1Apparatus Expense
IRS990/OtherExpensesGrp/Desc2EMS Supplies
IRS990/OtherExpensesGrp/Desc3Fuel
IRS990/OtherExpensesGrp/ProgramServicesAmt048634
IRS990/OtherExpensesGrp/ProgramServicesAmt137934
IRS990/OtherExpensesGrp/ProgramServicesAmt230937
IRS990/OtherExpensesGrp/ProgramServicesAmt321813
IRS990/OtherExpensesGrp/TotalAmt048634
IRS990/OtherExpensesGrp/TotalAmt137934
IRS990/OtherExpensesGrp/TotalAmt230937
IRS990/OtherExpensesGrp/TotalAmt321813
IRS990/OtherLiabilitiesGrp/BOYAmt01690
IRS990/OtherLiabilitiesGrp/EOYAmt01690
IRS990/OtherRevenueMiscGrp/Desc0Payroll Protection Funds
IRS990/OtherRevenueMiscGrp/Desc1Voided Checks Prior Years
IRS990/OtherRevenueMiscGrp/ExclusionAmt059700
IRS990/OtherRevenueMiscGrp/ExclusionAmt11129
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt059700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11129
IRS990/OtherRevenueTotalAmt060829
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0281350
IRS990/OtherSalariesAndWagesGrp/TotalAmt0281350
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt022885
IRS990/PayrollTaxesGrp/TotalAmt022885
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0737119
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0LEWIS HORSLEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01694626
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt052426
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0844169
IRS990/PYOtherRevenueAmt090266
IRS990/PYRevenuesLessExpensesAmt0683699
IRS990/PYSalariesCompEmpBnftPaidAmt0309450
IRS990/PYTotalExpensesAmt01153619
IRS990/PYTotalRevenueAmt01837318
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01225166
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt077624
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0992418
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01002693
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02099882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01694626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01850324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01747702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01463326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08855860
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0137324
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt052426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033425
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023548
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt051850
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0298573
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96740
IRS990ScheduleA/PublicSupportPY170Pct00.98270
IRS990ScheduleA/PublicSupportTotal170Amt08855860
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02099882
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01694626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01850324
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01747702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01463326
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08855860
IRS990ScheduleA/TotalSupportAmt09154433
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01453310
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0961596
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02414906
IRS990ScheduleD/EquipmentGrp/BookValueAmt02885943
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05401472
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08287415
IRS990ScheduleD/LandGrp/BookValueAmt02306798
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02306798
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02437
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0102647
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0105084
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01690
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposit
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06648488
IRS990ScheduleD/TotalLiabilityAmt01690
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At the first meeting of the year the entire membership is informed of the conflict of interest policy and asked if anyone violates the policy. New members are told of the policy when joining.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Adjustment to Prior Year Net Assets with donor restrictions = -$737009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010437536
IRS990/TotalAssetsEOYAmt010922892
IRS990/TotalAssetsGrp/BOYAmt010437536
IRS990/TotalAssetsGrp/EOYAmt010922892
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02099882
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0171
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020984
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01054125
IRS990/TotalFunctionalExpensesGrp/TotalAmt01075280
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07490
IRS990/TotalLiabilitiesEOYAmt04689
IRS990/TotalLiabilitiesGrp/BOYAmt07490
IRS990/TotalLiabilitiesGrp/EOYAmt04689
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010430046

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.0$0.03$18.9$3.65$1.59$2.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.9$0.04$16.9$2.85$1.40$1.45
2022Detailed filing. Detailed filing data is available for this year.$14.6$0.01$14.6$3.86$1.33$2.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$0.02$12.1$2.29$1.12$1.17
2020Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$2.30$1.08$1.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.01$10.4$1.84$1.15$0.68
2018Detailed filing. Detailed filing data is available for this year.$9.78$0.03$9.75$1.88$1.14$0.74
2017Detailed filing. Detailed filing data is available for this year.$9.04$0.03$9.01$1.77$1.04$0.73
2016Detailed filing. Detailed filing data is available for this year.$8.17$0.03$8.14$1.52$1.14$0.38
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.76$0.03$7.73$1.30$1.16$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.70$1.10$0.60
2013Detailed filing. Detailed filing data is available for this year.$6.96$0.02$6.94$1.30$1.08$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.76$0.01$6.75$0.93