Palmyra Fire Company Inc.

990EZ • Fiscal year 2016 • EIN 23-7408429

Mar 01, 2015 to Feb 29, 2016 • Filed on Jul 29, 2016

Organization Profile N/A

PO Box 33Palmyra, NY 14522

(315) 597-4727

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

-5.7%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Higher top officer pay than 85% of similar nonprofits.

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

-1.0%

Faster asset growth than 43% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

13%

Faster revenue growth than 73% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets57th percentile

Assets

Down

$279,539

Down $2,913 (-1.0%) from 2015

Net Assets

Down

$279,539

Down $2,913 (-1.0%) from 2015

Liabilities

Flat

Flat from 2015

Revenue And Expenses

Liabilities / Revenue57th percentile Net Margin29th percentile

Revenue

$50,772

Up $5,843 (+13%) from 2015

Expenses

$53,685

Up $9,728 (+22%) from 2015

Net Income

Down

-$2,913

Down $3,885 (-400%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

Highlighted filing

2016

Assets$279,539

Liabilities$0

Net Assets$279,539

Open 2016 Filing

Operations Trend

Revenue Growth73rd percentile

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

Highlighted filing

2016

Revenue$50,772

Expenses$53,685

Net Income-$2,913

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Mar 1, 2015 to Feb 29, 2016
Signed: Jul 29, 2016
Return Version: 2015v2.1
Gross Receipts: $89,902

Mission and Program Overview

Mission

Provision of fire and ambulance service

Program Services

Description	Grants	Expenses
THE PALMYRA FIRE COMPANY INC PROVIDES FIRE PROTECTION AND EDUCATION TO THE VILLAGE OF PALMYRA AND SURROUNDING AREA	$0	$8,997

Compensation and Service Providers

Top Officer Pay85th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JEFF BULMAN	President	-	$0	-	-
RAY FRYN	Secretary	-	$0	-	-
BILL COLBURN	Treasurer	-	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
50/50 Fund Raising-dinners/lunch	$8,616	$8,616	$6,394	$2,222
Mail Campaign	$255	$255	-	$255
Total Events	$8,871	$8,871	$6,394	$2,477

Filing and Contact Details

Filer

Filer Name: Palmyra Fire Company Inc
EIN: 23-7408429
Phone: 3155974727
Address: PO BOX 33, PALMYRA, NY 14522

Signing Officer

Name: Bill Colburn
Title: Treasurer
Phone: 3155974727
Signed: 2016-07-29
Discuss with paid preparer: Yes

Preparer

Firm: Efpr Group Cpas Pllc
Address: 25 NORTH STREET, CANANDAIGUA, NY 14424
Preparer: Kevin Hill CPA
Phone: 5853405100

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 174. Description: dividend income. Amount: 4,036. Total included on form 990-ez, line 4: 4,210.”

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: unrealized gains on investments. Amount: 21,450.”

Form 990-ez, Part I, Line 14

“Description: depreciation. Amount: 9,993. Description: other expenses. Amount: 2,948. Total to form 990-ez, line 14: 12,941.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: program expenses. Amount: 8,997. Description: contributions to others. Amount: 1,417. Description: association dues. Amount: 100. Description: sickness education welfare. Amount: 485. Description: operating expenses. Amount: 2,254. Description: miscellaneous expense. Amount: 14,802. Description: bank charges and investment fees. Amount: 11,029. Total to form 990-ez, line 16: 39,084.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other depreciable assets. Beg. Of year amount: 36,112. End of year amount: 59,599.”

Raw XML Appendix146 raw XML fields

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

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BenefitsPaidToOrForMembersAmt	0	1660
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	BILL COLBURN
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	3155974727
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO BOX 424
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	PALMYRA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	14522
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	246340
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	219940
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	26964
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	32736
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-2913
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	282452
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	279539
IRS990EZ/FundraisingGrossIncomeAmt	0	8871
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	-7100
IRS990EZ/GrossReceiptsAmt	0	89902
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	4210
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MembershipDuesAmt	0	160
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	282452
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	279539
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	282452
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	279539
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	12941
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JEFF BULMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	RAY FRYN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	BILL COLBURN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	36112
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	59599
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	39084
IRS990EZ/OtherRevenueTotalAmt	0	21450
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	PROVISION OF FIRE AND AMBULANCE SERVICE
IRS990EZ/ProgramServiceRevenueAmt	0	2611
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE PALMYRA FIRE COMPANY INC PROVIDES FIRE PROTECTION AND EDUCATION TO THE VILLAGE OF PALMYRA AND SURROUNDING AREA
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	8997
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	25636
IRS990EZ/SpecialEventsDirectExpensesAmt	0	6394
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	2477
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NY
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	53685
IRS990EZ/TotalProgramServiceExpensesAmt	0	8997
IRS990EZ/TotalRevenueAmt	0	50772
IRS990EZ/TypeOfOrganizationOtherInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleG/AgrmtProfFundraisingActyInd	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	6394
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	MAIL CAMPAIGN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm	0	50/50 FUND RAISING-DINNERS/LUNCH
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	255
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt	0	8616
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	8871
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	255
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt	0	8616
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	8871
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	2477
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt	0	6394
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt	0	6394
IRS990ScheduleG/MailSolicitationsInd	0	X
IRS990ScheduleG/SpecialFundraisingEventsInd	0	X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: INTEREST INCOME. AMOUNT: 174. DESCRIPTION: DIVIDEND INCOME. AMOUNT: 4,036. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 4,210.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: UNREALIZED GAINS ON INVESTMENTS. AMOUNT: 21,450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: DEPRECIATION. AMOUNT: 9,993. DESCRIPTION: OTHER EXPENSES. AMOUNT: 2,948. TOTAL TO FORM 990-EZ, LINE 14: 12,941.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 8,997. DESCRIPTION: CONTRIBUTIONS TO OTHERS. AMOUNT: 1,417. DESCRIPTION: ASSOCIATION DUES. AMOUNT: 100. DESCRIPTION: SICKNESS EDUCATION WELFARE. AMOUNT: 485. DESCRIPTION: OPERATING EXPENSES. AMOUNT: 2,254. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 14,802. DESCRIPTION: BANK CHARGES AND INVESTMENT FEES. AMOUNT: 11,029. TOTAL TO FORM 990-EZ, LINE 16: 39,084.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 36,112. END OF YEAR AMOUNT: 59,599.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
ReturnHeader/BuildTS	0	2016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	BILL COLBURN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3155974727
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-07-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	PALMYRA FIRE COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt	0	PALM
ReturnHeader/Filer/EIN	0	237408429
ReturnHeader/Filer/PhoneNum	0	3155974727
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 33
ReturnHeader/Filer/USAddress/CityNm	0	PALMYRA
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	14522
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	474526160
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	EFPR GROUP CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	25 NORTH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	CANANDAIGUA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	14424
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5853405100
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-07-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	KEVIN HILL CPA
ReturnHeader/ReturnTs	0	2016-08-15T09:30:07-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2015-03-01
ReturnHeader/TaxPeriodEndDt	0	2016-02-29
ReturnHeader/TaxYr	0	2015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $279,539
Liabilities: $0
Net assets: $279,539
Revenue: $50,772
Expenses: $53,685
Net income: -$2,913

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$3.05		$3.05	$0.69	$0.71	$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.69	$0.00	$2.69	$0.31	$0.24	$0.07
2020Detailed filing. Detailed filing data is available for this year.	$2.63	$0.00	$2.63	$0.36	$0.31	$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.59	$0.00	$2.59	$0.29	$0.35	$0.06
2016Detailed filing. Detailed filing data is available for this year.	$2.80	$0.00	$2.80	$0.51	$0.54	$0.03
2015Detailed filing. Detailed filing data is available for this year.	$2.82	$0.00	$2.82	$0.45	$0.44	$0.01
2014Detailed filing. Detailed filing data is available for this year.	$2.81	$0.00	$2.81	$0.46	$0.53	$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.01	$0.00	$3.01	$0.48	$0.42	$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.95	$0.00	$2.95	$0.95	$0.43	$0.52