Civic Intelligence

Bradley Prosperity Volunteer Fire Department Inc.

990 • Fiscal year 2022 • EIN 31-1098516

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 26, 2024

PO Box 331Bradley, WV 25818

(304) 877-2340

Siviq Scores

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

Liabilities / Assets

80th percentile

0.31x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.46x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Net Margin

44th percentile

3.6%

Higher net margin than 44% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$29,610

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Asset Growth

86th percentile

27%

Faster asset growth than 86% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

390%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$656,367

Up $139,718 (+27%) from 2021

Net Assets

Up

$450,642

Up $16,337 (+3.8%) from 2021

Liabilities

Up

$205,725

Up $123,381 (+150%) from 2021

Revenue

Up

$451,480

Up $359,275 (+390%) from 2021

Expenses

Up

$435,143

Up $265,371 (+156%) from 2021

Net Income

Up

$16,337

Up $93,904 (+121%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2015: $749,541Liabilities 2015: $235,659Net Assets 2015: $513,8822015Assets 2018: $766,302Liabilities 2018: $357,926Net Assets 2018: $408,3762018Assets 2021: $516,649Liabilities 2021: $82,344Net Assets 2021: $434,3052021Assets 2022: $656,367Liabilities 2022: $205,725Net Assets 2022: $450,6422022Assets 2023: $691,865Liabilities 2023: $497,004Net Assets 2023: $194,8612023Assets 2024: $953,247Liabilities 2024: $1,116,059Net Assets 2024: -$162,8122024

Highlighted filing

2022

Assets$656,367
Liabilities$205,725
Net Assets$450,642

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $210,277Expenses 2015: $186,583Net Income 2015: $23,6942015Revenue 2018: $212,251Expenses 2018: $280,857Net Income 2018: -$68,6062018Revenue 2021: $92,205Expenses 2021: $169,772Net Income 2021: -$77,5672021Revenue 2022: $451,480Expenses 2022: $435,143Net Income 2022: $16,3372022Revenue 2023: $963,479Expenses 2023: $1,219,260Net Income 2023: -$255,7812023Revenue 2024: $1,398,165Expenses 2024: $1,755,838Net Income 2024: -$357,6732024

Highlighted filing

2022

Revenue$451,480
Expenses$435,143
Net Income$16,337
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 26, 2024
Return Version
2022v5.0
Gross Receipts
$466,879
Mission and Program Overview

Mission

Fully maintained and operated volunteer fire department.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$459,771$503,707▲ $43,936
Cash and Non-Interest-Bearing Accounts$15,973$111,664▲ $95,691
Savings and Temporary Cash Investments$75$76▲ $1
Total Assets$516,649$656,367▲ $139,718
Other Assets Total$40,830$40,920▲ $90
Liabilities
Mortgage Notes Payable Secured by Investment Property$81,393$170,706▲ $89,313
Other Liabilities$951$35,019▲ $34,068
Total Liabilities$82,344$205,725▲ $123,381
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$394,305$410,642▲ $16,337
Net Assets With Donor Restrictions$40,000$40,000→ $0
Total Net Assets Fund Balance$434,305$450,642▲ $16,337
Total Liabilities and Net Assets / Fund Balance$516,649$656,367▲ $139,718

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$241,297$1,039,054$1,280,351
Equipment$139,910$907,115$1,047,025
Buildings$0$484,586$484,586
Land$122,500-$122,500
Other Assets Org$920--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David Wriston IiFire ChiefPT$29,610$29,610

Board Members and Trustees

NameTitle
Jeffery SmithPresident
Sierra LawsonVice President
Bobby BiggsMember
Joey McdanielMember
Kym CoxMember
Missy SmithMember
Randy KinderMember
Alan MccrearySecretary
Tony MartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$199,891
Program Service Revenue
$214,631
Investment Income
$2,071
Other Revenue
$34,887
All Other Contributions
$43,267
Change in Net Assets
$16,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$256,650
Salaries, Compensation, and Employee Benefits$178,493
Total Fundraising Expense$2,891
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,730$140,136-$164,866
Depreciation Depletion$76,956--$76,956
Office Expenses-$14,316-$14,316
Payroll Taxes$2,044$11,583-$13,627
Insurance$10,855$1,916-$12,771
Occupancy$1,514$7,784$1,514$10,812
Other Expenses$6,548$7,692-$6,548
Interest$3,394$377-$3,771
Advertising$293$1,670$293$2,256
Conferences and Meetings-$2,131-$2,131
Travel$1,706--$1,706
All Other Expenses--$1,084$1,084
Total Functional Expenses$203,130$229,122$2,891$435,143
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$26,493
Gaming Direct Expenses$12,393
Fundraising Direct Expenses$3,006
Fundraising Gross Income$204
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concession$204$204$3,006$-2,802
Total Events$204$204$3,006$-2,802
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$35,019
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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, Section B, Line 11B

The independent cpa firm that prepares the form 990 provides a draft copy of the return for review and approval prior to being filed.

Form 990, Part VI, Section B, Line 12C

The organization annually files its governing documents with the raleigh county commission. All documents, including conflict of interest policy and financial statements are available to the public upon request.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Bradley Prosperity Volunteer Fire
EIN
31-1098516
Phone
3048772340
Address
PO BOX 331, BRADLEY, WV 25818

Signing Officer

Name
Jeffery Smith
Title
President
Phone
3049231239
Signed
2024-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffery Smith
Formed
1976
Legal Domicile
Wv
Voting Board Members
10
Independent Board Members
9
Employees
12
Volunteers
27

Preparer

Firm
RICHMOND & COMPANY CPA'S AC
Address
PO BOX 1204, BECKLEY, WV 25802-1204
Preparer
Rolfe a Richmond
Phone
3042527353
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01039054
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01280351
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt040000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1920
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BECKLEY AREA FOUNDATION DESIGNATIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BOARD OF DIRECTORS RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035019
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0503707
IRS990ScheduleD/TotalBookValueOtherAssetsAmt040920
IRS990ScheduleD/TotalLiabilityAmt035019
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt015438
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03006
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CONCESSION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0204
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0204
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0204
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0204
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2802
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03006
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03006
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt012874
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt080596
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt093470
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0115123
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt026715
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0106428
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0133143
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt018020
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesBingoAmt012992
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt0690
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt013682
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt06608
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt07971
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt01363
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/IndividualWithBooksNm0JEFFERY SMITH
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO BOX 331
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0BRADLEY
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0WV
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd025818
IRS990ScheduleG/StatesWhereGamingConductedCd0WV
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE INDEPENDENT CPA FIRM THAT PREPARES THE FORM 990 PROVIDES A DRAFT COPY OF THE RETURN FOR REVIEW AND APPROVAL PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ANNUALLY FILES ITS GOVERNING DOCUMENTS WITH THE RALEIGH COUNTY COMMISSION. ALL DOCUMENTS, INCLUDING CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WV
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0516649
IRS990/TotalAssetsEOYAmt0656367
IRS990/TotalAssetsGrp/BOYAmt0516649
IRS990/TotalAssetsGrp/EOYAmt0656367
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0199891
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02891
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0229122
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0203130
IRS990/TotalFunctionalExpensesGrp/TotalAmt0435143
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt082344
IRS990/TotalLiabilitiesEOYAmt0205725
IRS990/TotalLiabilitiesGrp/BOYAmt082344
IRS990/TotalLiabilitiesGrp/EOYAmt0205725
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0434305
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0450642
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0203130
IRS990/TotalProgramServiceRevenueAmt0214631
IRS990/TotalReportableCompFromOrgAmt029610
IRS990/TotalRevenueGrp/ExclusionAmt011298
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0240291
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0451480
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt027
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0516649
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0656367
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01706
IRS990/TravelGrp/TotalAmt01706
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

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