Civic Intelligence

Troutman Fire Department Inc.

990 • Fiscal year 2019 • EIN 23-7422021

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 06, 2019

Box 22Troutman, NC 28166

(704) 528-3545

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.17x

Higher debt load relative to assets than 53% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.72x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

24th percentile

$40,908

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

55th percentile

4.6%

Faster asset growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-10%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,403,673

Up $980,883 (+18%) from 2016

Net Assets

Up

$5,302,062

Up $901,094 (+20%) from 2016

Liabilities

Up

$1,101,611

Up $79,789 (+7.8%) from 2016

Revenue

Down

$1,525,023

Down $24,420 (-1.6%) from 2016

Expenses

Up

$1,335,650

Up $242,401 (+22%) from 2016

Net Income

Down

$189,373

Down $266,821 (-58%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $4,618,038Liabilities 2012: $1,578,034Net Assets 2012: $3,040,0042012Assets 2013: $4,778,417Liabilities 2013: $1,447,997Net Assets 2013: $3,330,4202013Assets 2014: $4,982,375Liabilities 2014: $1,309,638Net Assets 2014: $3,672,7372014Assets 2015: $5,118,000Liabilities 2015: $1,173,226Net Assets 2015: $3,944,7742015Assets 2016: $5,422,790Liabilities 2016: $1,021,822Net Assets 2016: $4,400,9682016Assets 2019: $6,403,673Liabilities 2019: $1,101,611Net Assets 2019: $5,302,0622019Assets 2020: $8,228,442Liabilities 2020: $2,486,455Net Assets 2020: $5,741,9872020Assets 2021: $9,346,281Liabilities 2021: $2,621,641Net Assets 2021: $6,724,6402021Assets 2022: $9,249,789Liabilities 2022: $2,381,698Net Assets 2022: $6,868,0912022

Highlighted filing

2019

Assets$6,403,673
Liabilities$1,101,611
Net Assets$5,302,062

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2012: $1,022,5622012Expenses 2013: $1,019,3852013Revenue 2014: $1,432,460Expenses 2014: $1,090,143Net Income 2014: $342,3172014Revenue 2015: $1,404,509Expenses 2015: $1,132,472Net Income 2015: $272,0372015Revenue 2016: $1,549,443Expenses 2016: $1,093,249Net Income 2016: $456,1942016Revenue 2019: $1,525,023Expenses 2019: $1,335,650Net Income 2019: $189,3732019Revenue 2020: $2,037,457Expenses 2020: $1,597,532Net Income 2020: $439,9252020Revenue 2021: $2,810,232Expenses 2021: $1,854,118Net Income 2021: $956,1142021Revenue 2022: $2,789,721Expenses 2022: $2,586,733Net Income 2022: $202,9882022

Highlighted filing

2019

Revenue$1,525,023
Expenses$1,335,650
Net Income$189,373
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 6, 2019
Return Version
2018v3.1
Gross Receipts
$2,049,310
Mission and Program Overview

Mission

Emergency firefighting and rescue services for the general public benefit in troutman community and the barringer and fallstown townships.

Emergency firefighting and rescue services for the general public benefit in the troutman community and the barringer and fallstown townships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,981,158$3,421,613▼ $559,545
Savings and Temporary Cash Investments$1,044,035$1,793,144▲ $749,109
Cash and Non-Interest-Bearing Accounts$604,152$797,662▲ $193,510
Investments Program Related$184,801$70,211▼ $114,590
Total Assets$6,124,034$6,403,673▲ $279,639
Other Assets Total$309,888$321,043▲ $11,155
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,009,338$1,099,807▲ $90,469
Other Liabilities$2,007$1,804▼ $203
Total Liabilities$1,011,345$1,101,611▲ $90,266
Net Assets / Fund Balance
Unrestricted Net Assets$4,802,801$4,981,019▲ $178,218
Temporarily Rstr Net Assets$309,888$321,043▲ $11,155
Total Net Assets Fund Balance$5,112,689$5,302,062▲ $189,373
Total Liabilities and Net Assets / Fund Balance$6,124,034$6,403,673▲ $279,639

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,973,167$3,518,129$5,491,296
Buildings$1,186,085$305,939$1,492,024
Land$262,361-$262,361
Other Assets Org$103,193--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wesley MorrisChiefFT$40,908$40,908
Jimmy KestlerDeputy ChiefFT$39,149$39,149
Allen ChurchBoard Member-$24,008$24,008
Edward HaileyChair-$4,272$4,272

Board Members and Trustees

NameTitle
Jim TroutmanVice Chair
Jack NeelBoard Member
John VoelskeBoard Member
Kelly ClontzBoard Member
Ethan RumpleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,978,892
Program Service Revenue
$0
Investment Income
$-494,470
Other Revenue
$40,601
All Other Contributions
$1,967,147
Change in Net Assets
$189,373

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$63,757
Total Noncash Contributions1$63,757

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,525,023
Total Revenue per Audited Statements
$1,525,023
Total Revenue per Form 990
$1,525,023
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$685,485
Salaries, Compensation, and Employee Benefits$650,165
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$472,162$52,463-$524,625
Depreciation Depletion$328,504$36,500-$365,004
Other Employee Benefits$79,061$7,444-$86,505
Occupancy$59,936$6,614-$66,550
Insurance$57,381$6,376-$63,757
Interest$44,655--$44,655
All Other Expenses$38,792$2,610-$41,402
Payroll Taxes$35,131$3,904-$39,035
Other Expenses$11,970--$11,970
Fees for Services Accounting-$11,015-$11,015
Office Expenses$2,077$1,679-$3,756
Total Functional Expenses$1,207,045$128,605$0$1,335,650

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,335,650
Total Expenses per Audited Statements$1,335,650
Total Expenses per Form 990$1,335,650
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,435
Fundraising Direct Expenses$4,290
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Project$31,435$31,435$4,290$27,145
Total Events$31,435$31,435$4,290$27,145
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberVehicle MaintenanceNo$126
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,804
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 7A

The board of directors is composed of six members, elected by two different groups. Three directors are members of troutman fire department, elected by the general membership of the organization. The remaining three directors are elected by the troutman community in an annual meeting. These three directors cannot be members of troutman fire department.

Form 990, Page 6, Part VI, Line 11B

The tax return is provided to the board of directors prior to filing. The board reviews the tax return at the board meeting and approves it before the return is filed.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Troutman Fire Department Inc
EIN
23-7422021
Phone
7045283545
Address
BOX 22, TROUTMAN, NC 28166

Signing Officer

Name
Ethan Rumple
Title
Treasurer
Phone
7045283545
Signed
2019-01-06

Organization Details

Principal Officer
Edward Hailey
Formed
1974
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
32
Volunteers
30

Preparer

Firm
Potts Rhyne & White Pa
Address
PO BOX 1189, STATESVILLE, NC 28687
Preparer
Rebecca C White
Phone
7048789541
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers provide emergency fire fighting and rescue services.

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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/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01044035
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01793144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01978892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01626696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01610997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01506074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01345226
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08067885
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010560
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016069
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-1158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02983
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt046481
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98360
IRS990ScheduleA/PublicSupportPY170Pct00.98260
IRS990ScheduleA/PublicSupportTotal170Amt08067885
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01978892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01626696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01610997
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01506074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01345226
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08067885
IRS990ScheduleA/TotalSupportAmt08202196
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt012456
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt040888
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt014027
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt016287
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt04172
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt087830
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01186085
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0305939
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01492024
IRS990ScheduleD/EquipmentGrp/BookValueAmt01973167
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03518129
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05491296
IRS990ScheduleD/ExpensesSubtotalAmt01335650
IRS990ScheduleD/LandGrp/BookValueAmt0262361
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0262361
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0217850
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1103193
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED CASH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01804
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt01525023
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03421613
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0321043
IRS990ScheduleD/TotalExpensesPerForm990Amt01335650
IRS990ScheduleD/TotalLiabilityAmt01804
IRS990ScheduleD/TotalRevenuePerForm990Amt01525023
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01525023
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01335650
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04290
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL PROJECT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031435
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt027145
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04290
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04290
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0ETHAN RUMPLE - MASTERLUBE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0126
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0VEHICLE MAINTENANCE
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0INSURANCE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt063757
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDE EMERGENCY FIRE FIGHTING AND RESCUE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS COMPOSED OF SIX MEMBERS, ELECTED BY TWO DIFFERENT GROUPS. THREE DIRECTORS ARE MEMBERS OF TROUTMAN FIRE DEPARTMENT, ELECTED BY THE GENERAL MEMBERSHIP OF THE ORGANIZATION. THE REMAINING THREE DIRECTORS ARE ELECTED BY THE TROUTMAN COMMUNITY IN AN ANNUAL MEETING. THESE THREE DIRECTORS CANNOT BE MEMBERS OF TROUTMAN FIRE DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURN IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. THE BOARD REVIEWS THE TAX RETURN AT THE BOARD MEETING AND APPROVES IT BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0309888
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0321043
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06124034
IRS990/TotalAssetsEOYAmt06403673
IRS990/TotalAssetsGrp/BOYAmt06124034
IRS990/TotalAssetsGrp/EOYAmt06403673
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01978892
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0128605
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01207045
IRS990/TotalFunctionalExpensesGrp/TotalAmt01335650
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01011345
IRS990/TotalLiabilitiesEOYAmt01101611
IRS990/TotalLiabilitiesGrp/BOYAmt01011345
IRS990/TotalLiabilitiesGrp/EOYAmt01101611
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05112689
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05302062
IRS990/TotalProgramServiceExpensesAmt01207045
IRS990/TotalReportableCompFromOrgAmt0108337
IRS990/TotalRevenueGrp/ExclusionAmt058628
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-512497
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01525023
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06124034
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06403673
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04802801
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04981019

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