Civic Intelligence

Fairfield Township Volunteer Fire Company No 1

990 • Fiscal year 2017 • EIN 25-1751281

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 23, 2018

5414 Route 711New Florence, PA 15944

(814) 241-9408

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.14x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

51st percentile

3.6%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-39%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,737,510

Up $94,883 (+3.6%) from 2016

Net Assets

Up

$2,700,728

Up $128,313 (+5.0%) from 2016

Liabilities

Down

$36,782

Down $33,430 (-48%) from 2016

Revenue

Down

$264,774

Down $167,215 (-39%) from 2016

Expenses

Down

$176,727

Down $7,722 (-4.2%) from 2016

Net Income

Down

$88,047

Down $159,493 (-64%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $2,039,886Liabilities 2013: $47,156Net Assets 2013: $1,992,7302013Assets 2014: $1,957,553Liabilities 2014: $11,995Net Assets 2014: $1,945,5582014Assets 2015: $2,278,065Liabilities 2015: $9,190Net Assets 2015: $2,268,8752015Assets 2016: $2,642,627Liabilities 2016: $70,212Net Assets 2016: $2,572,4152016Assets 2017: $2,737,510Liabilities 2017: $36,782Net Assets 2017: $2,700,7282017Assets 2018: $2,641,348Liabilities 2018: $0Net Assets 2018: $2,641,3482018Assets 2019: $2,991,472Liabilities 2019: $338,220Net Assets 2019: $2,653,2522019Assets 2020: $3,206,284Liabilities 2020: $371,162Net Assets 2020: $2,835,1222020Assets 2021: $3,136,256Liabilities 2021: $323,989Net Assets 2021: $2,812,2672021Assets 2022: $2,974,026Liabilities 2022: $209,975Net Assets 2022: $2,764,0512022Assets 2023: $2,958,169Liabilities 2023: $176,058Net Assets 2023: $2,782,1112023Assets 2024: $2,853,308Liabilities 2024: $119,547Net Assets 2024: $2,733,7612024

Highlighted filing

2017

Assets$2,737,510
Liabilities$36,782
Net Assets$2,700,728

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $116,203Expenses 2013: $132,718Net Income 2013: -$16,5152013Revenue 2014: $89,363Expenses 2014: $146,307Net Income 2014: -$56,9442014Revenue 2015: $475,462Expenses 2015: $151,072Net Income 2015: $324,3902015Revenue 2016: $431,989Expenses 2016: $184,449Net Income 2016: $247,5402016Revenue 2017: $264,774Expenses 2017: $176,727Net Income 2017: $88,0472017Revenue 2018: $155,863Expenses 2018: $175,412Net Income 2018: -$19,5492018Revenue 2019: $161,614Expenses 2019: $197,098Net Income 2019: -$35,4842019Revenue 2020: $387,561Expenses 2020: $232,363Net Income 2020: $155,1982020Revenue 2021: $188,104Expenses 2021: $227,666Net Income 2021: -$39,5622021Revenue 2022: $218,174Expenses 2022: $210,602Net Income 2022: $7,5722022Revenue 2023: $197,145Expenses 2023: $201,843Net Income 2023: -$4,6982023Revenue 2024: $170,464Expenses 2024: $243,177Net Income 2024: -$72,7132024

Highlighted filing

2017

Revenue$264,774
Expenses$176,727
Net Income$88,047
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 23, 2018
Return Version
2017v2.3
Gross Receipts
$322,304
Mission and Program Overview

Mission

To provide fire protection and safety for the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,234,003$2,172,630▼ $61,373
Investments in Publicly Traded Securities$285,234$335,056▲ $49,822
Savings and Temporary Cash Investments$53,419$203,892▲ $150,473
Cash and Non-Interest-Bearing Accounts$54,971$15,932▼ $39,039
Pledges and Grants Receivable$15,000$10,000▼ $5,000
Total Assets$2,642,627$2,737,510▲ $94,883
Liabilities
Unsecured Notes Loans Payable$70,212$36,782▼ $33,430
Total Liabilities$70,212$36,782▼ $33,430
Net Assets / Fund Balance
Unrestricted Net Assets$2,248,392$2,192,331▼ $56,061
Temporarily Rstr Net Assets$324,023$508,397▲ $184,374
Total Net Assets Fund Balance$2,572,415$2,700,728▲ $128,313
Total Liabilities and Net Assets / Fund Balance$2,642,627$2,737,510▲ $94,883

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,922,586-$1,922,586
Equipment$213,044$1,131,163$1,344,207
Land$37,000-$37,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$287,382-▲ $44,196-$328,496
2016$276,413-▲ $13,969-$287,382
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron ConradPresident
Melissa HemingSecretary
Tawnia NixonTreasurer
George JonesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$222,084
Program Service Revenue
$0
Investment Income
$5,134
Other Revenue
$37,556
All Other Contributions
$175,641
Change in Net Assets
$88,047

Audited Revenue Reconciliation

Revenue per Audited Statements
$274,572
Revenue Not Reported on Financial Statements
$-9,798
Revenue Not Reported on Form 990
$40,263
Other Revenue Adjustments
$-9,798
Total Revenue per Audited Statements
$314,835
Total Revenue per Form 990
$264,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$174,919
Total Fundraising Expense$2,093
Professional Fundraising Fees$1,808
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$133,838--$133,838
Insurance$3,397$6,507-$9,904
Fees for Services Accounting$4,300--$4,300
Fees for Service Investment Mgmnt Fees$3,140--$3,140
Other Expenses$2,996--$2,996
Interest$2,093--$2,093
All Other Expenses$1,689-$285$1,974
Office Expenses$1,816--$1,816
Fees for Services Professional Fundraising--$1,808$1,808
Total Functional Expenses$168,127$6,507$2,093$176,727

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$186,522
Total Expenses per Audited Statements$186,522
Total Expenses per Form 990$176,727
Expenses Not Reported on Financial Statements$-9,795
Other Expense Adjustments$-9,795
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$90,080
Fundraising Direct Expenses$47,447
Professional Fundraising Fees$1,808

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gun Bash$64,037$64,037$479$63,558
Golf Outing$7,710$7,710$594$7,116
Total Events$78,453$78,453$42,903$35,550
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
Audit committee
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
No
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 11B

Federal form 990 is reviewed by the board at its regular meeting prior to filing.

Form 990, Page 6, Part VI, Line 19

Federal form 990 is available to the public for viewing upon request.

Filing and Contact Details

Filer

Filer Name
Fairfield Township Volunteer Fire
EIN
25-1751281
Address
5414 ROUTE 711, NEW FLORENCE, PA 15944

Signing Officer

Name
Ron Conrad
Title
President
Signed
2018-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Conrad
Formed
1954
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
50

Preparer

Firm
Rennie & Associates Cpas Pc
Address
132 WEST MAIN STREET, LIGONIER, PA 15658
Preparer
Thomas J Rennie CPA
Phone
7242384598
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Rental revenue not netted on financial statement 10,083 gaming license fees netted in fundraising revenue -285 rental revenue not netted on financial statement -10,083 gaming license fees netted in fundraising revenue 285 book / tax depreciation difference 3 total 3

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Rental revenue not netted on financial statement -10,083 gaming license fees netted in fundraising revenue 285

Schedule D, Page 4, Part XII, Line 4B

Rental revenue not netted on financial statement -10,083 gaming license fees netted in fundraising revenue 285 book / tax depreciation difference 3

Raw XML Appendix374 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.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL REVENUE NOT NETTED ON FINANCIAL STATEMENT -10,083 GAMING LICENSE FEES NETTED IN FUNDRAISING REVENUE 285 BOOK / TAX DEPRECIATION DIFFERENCE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FEDERAL FORM 990 IS REVIEWED BY THE BOARD AT ITS REGULAR MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FEDERAL FORM 990 IS AVAILABLE TO THE PUBLIC FOR VIEWING UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RENTAL REVENUE NOT NETTED ON FINANCIAL STATEMENT 10,083 GAMING LICENSE FEES NETTED IN FUNDRAISING REVENUE -285 RENTAL REVENUE NOT NETTED ON FINANCIAL STATEMENT -10,083 GAMING LICENSE FEES NETTED IN FUNDRAISING REVENUE 285 BOOK / TAX DEPRECIATION DIFFERENCE 3 TOTAL 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RON CONRAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAIRFIELD TOWNSHIP VOLUNTEER FIRE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMPANY NO 1
ReturnHeader/Filer/BusinessNameControlTxt0FAIR
ReturnHeader/Filer/EIN0251751281
ReturnHeader/Filer/USAddress/AddressLine1Txt05414 ROUTE 711
ReturnHeader/Filer/USAddress/CityNm0NEW FLORENCE
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId009610D703B8EA9AF010FB08D11F022C88A9E2904
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId009610D703B8EA9AF010FB08D11F022C88A9E2904
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.210.245.196
ReturnHeader/FilingSecurityInformation/IPDt02018-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:40:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202095054
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RENNIE & ASSOCIATES CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0132 WEST MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LIGONIER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015658
ReturnHeader/PreparerPersonGrp/PhoneNum07242384598
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J RENNIE CPA
ReturnHeader/ReturnTs02018-11-05T10:40:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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