Civic Intelligence

Norton Rescue Squad Inc.

990 • Fiscal year 2014 • EIN 52-1358372

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 16, 2015

P O Box 1267Norton, VA 24273

(276) 679-0423

Siviq Scores

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

Liabilities / Assets

59th percentile

0.10x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.08x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

58th percentile

$36,743

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

6th percentile

-27%

Faster asset growth than 6% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$218,930

Down $80,744 (-27%) from 2013

Net Assets

Down

$197,223

Down $53,620 (-21%) from 2013

Liabilities

Down

$21,707

Down $27,124 (-56%) from 2013

Revenue

Up

$269,985

Up $51,902 (+24%) from 2013

Expenses

Down

$323,605

Down $50,744 (-14%) from 2013

Net Income

Up

-$53,620

Up $102,646 (+66%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $681,619Liabilities 2010: $35,761Net Assets 2010: $645,8582010Assets 2011: $550,528Liabilities 2011: $24,732Net Assets 2011: $525,7962011Assets 2012: $473,958Liabilities 2012: $66,848Net Assets 2012: $407,1102012Assets 2013: $299,674Liabilities 2013: $48,831Net Assets 2013: $250,8432013Assets 2014: $218,930Liabilities 2014: $21,707Net Assets 2014: $197,2232014Assets 2015: $178,318Liabilities 2015: $7,096Net Assets 2015: $171,2222015Assets 2017: $134,176Liabilities 2017: $1,392Net Assets 2017: $132,7842017Assets 2018: $153,888Liabilities 2018: $1,294Net Assets 2018: $152,5942018Assets 2019: $380,891Liabilities 2019: $3,284Net Assets 2019: $377,6072019Assets 2020: $378,943Liabilities 2020: $1,814Net Assets 2020: $377,1292020Assets 2021: $680,154Liabilities 2021: $8,044Net Assets 2021: $672,1102021Assets 2022: $580,543Liabilities 2022: $4,754Net Assets 2022: $575,7892022Assets 2023: $553,428Liabilities 2023: $4,033Net Assets 2023: $549,3952023Assets 2024: $433,443Liabilities 2024: $3,773Net Assets 2024: $429,6702024

Highlighted filing

2014

Assets$218,930
Liabilities$21,707
Net Assets$197,223

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $423,2822010Revenue 2011: $324,045Expenses 2011: $444,107Net Income 2011: -$120,0622011Expenses 2012: $430,7632012Revenue 2013: $218,083Expenses 2013: $374,349Net Income 2013: -$156,2662013Revenue 2014: $269,985Expenses 2014: $323,605Net Income 2014: -$53,6202014Revenue 2015: $267,808Expenses 2015: $293,809Net Income 2015: -$26,0012015Revenue 2017: $274,739Expenses 2017: $273,757Net Income 2017: $9822017Revenue 2018: $294,732Expenses 2018: $274,922Net Income 2018: $19,8102018Revenue 2019: $534,187Expenses 2019: $309,174Net Income 2019: $225,0132019Revenue 2020: $395,319Expenses 2020: $395,797Net Income 2020: -$4782020Revenue 2021: $767,266Expenses 2021: $472,285Net Income 2021: $294,9812021Revenue 2022: $383,014Expenses 2022: $479,335Net Income 2022: -$96,3212022Revenue 2023: $501,908Expenses 2023: $528,301Net Income 2023: -$26,3932023Revenue 2024: $633,758Expenses 2024: $753,483Net Income 2024: -$119,7252024

Highlighted filing

2014

Revenue$269,985
Expenses$323,605
Net Income-$53,620
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 16, 2015
Return Version
2014v5.0
Gross Receipts
$957,763
Mission and Program Overview

Mission

To provide emergency medical services and lifesaving services to the city of norton and surrounding areas to anyone in need

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$252,156$202,707▼ $49,449
Rtn Earn Endowment Incm Other Fnds$250,843$197,223▼ $53,620
Savings and Temporary Cash Investments$25,198--
Cash and Non-Interest-Bearing Accounts$11,536$9,750▼ $1,786
Accounts Receivable$8,979--
Prepaid Expenses and Deferred Charges$1,805$6,473▲ $4,668
Total Assets$299,674$218,930▼ $80,744
Liabilities
Mortgage Notes Payable Secured by Investment Property$36,727$18,106▼ $18,621
Accounts Payable and Accrued Expenses$12,104$3,601▼ $8,503
Total Liabilities$48,831$21,707▼ $27,124
Net Assets / Fund Balance
Total Net Assets Fund Balance$250,843$197,223▼ $53,620
Total Liabilities and Net Assets / Fund Balance$299,674$218,930▼ $80,744

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$71,939$656,006$727,945
Buildings$130,768$311,109$441,877
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ricky CoxIst Lieutenant/directorFT$36,743$36,743
Mike Mccurdy2nd LieutenantFT$36,609$36,609
Aaron SergentCaptain/presidentFT$32,905$32,905
George Dorton2nd Lieutenant/directorFT$28,949$28,949
Earl Cash IiiSecretary/treasPT$8,537$8,537
Mike WilliamsSergent-$1,553$1,553

Board Members and Trustees

NameTitle
Dennis BrummitteSergent/director
Revenue and Support

Revenue Composition

Contributions and Grants
$76,276
Program Service Revenue
$166,068
Investment Income
$9
Other Revenue
$27,632
All Other Contributions
$1,750
Change in Net Assets
$-53,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$166,688
Other Expenses$156,680
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$154,580--$154,580
Depreciation Depletion$60,427$1,752-$62,179
Insurance$26,803--$26,803
Occupancy$18,225--$18,225
Payroll Taxes$12,108--$12,108
Fees for Services Other$10,273--$10,273
All Other Expenses$8,439--$8,439
Office Expenses$3,449--$3,449
Fees for Services Accounting-$2,562-$2,562
Other Expenses$2,559--$2,559
Interest$1,640--$1,640
Benefits to Members$237--$237
Advertising-$145-$145
Total Functional Expenses$319,146$4,459$0$323,605
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$715,132
Gaming Direct Expenses$687,778
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The information to prepare the return was reviewed with the squad captain and other members during the preparation. A copy of form 990 is provided to each board member with a request to review for accuracy and report any errors or questions immediately

Form 990, Part VI, Section C, Line 19

Requests for governing documents and financial statements are made available upon request in person at the organizations office

Form 990, Part VI, Section B, Line 15

All officers and directors serve for no compensation or fringe benefits in their capacity as officer or director. Thus there is no need for an officer compensation review

Filing and Contact Details

Filer

Filer Name
Norton Rescue Squad Inc
EIN
52-1358372
Phone
2766790423
Address
P O BOX 1267, NORTON, VA 24273

Signing Officer

Name
Aaron Sergent
Title
Captain
Signed
2015-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Sergent
Formed
1984
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
5
Employees
13

Preparer

Firm
Freddie Dean CPA
Address
PO Box 420, Coeburn, VA 24230
Preparer
Joetta Holbrook
Phone
2763952452
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

The organizatio n has no unrelated business income. All income is used for the organizations tax exempt purpose

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0108248
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0237893
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0318
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0804
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0963
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01228
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03322
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0881487
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01119426
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01569079
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01649765
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt01809126
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt07028883
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0318
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0804
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0963
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03322
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt07266776
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0957763
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01140775
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01585579
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01665285
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01917374
IRS990ScheduleA/Total509Grp/TotalAmt07266776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0957772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01141093
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01586383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01666248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01918602
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07270098
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/BookValueAmt0130768
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0311109
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0441877
IRS990ScheduleD/EquipmentGrp/BookValueAmt071939
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0656006
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0727945
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0202707
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt0231918
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0388748
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0620666
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0687778
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0205993
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0758
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0508381
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0715132
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt027354
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesBingoAmt0100
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt0100
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt067012
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt067012
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0EARL CASH
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicensedStatesCd0VA
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0226 POPLAR STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0NORTON
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0VA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd024273
IRS990ScheduleG/StatesWhereGamingConductedCd0VA
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE INFORMATION TO PREPARE THE RETURN WAS REVIEWED WITH THE SQUAD CAPTAIN AND OTHER MEMBERS DURING THE PREPARATION. A COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER WITH A REQUEST TO REVIEW FOR ACCURACY AND REPORT ANY ERRORS OR QUESTIONS IMMEDIATELY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REQUESTS FOR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST IN PERSON AT THE ORGANIZATIONS OFFICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS SERVE FOR NO COMPENSATION OR FRINGE BENEFITS IN THEIR CAPACITY AS OFFICER OR DIRECTOR. THUS THERE IS NO NEED FOR AN OFFICER COMPENSATION REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIO N HAS NO UNRELATED BUSINESS INCOME. ALL INCOME IS USED FOR THE ORGANIZATIONS TAX EXEMPT PURPOSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part V, Line 3b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0299674
IRS990/TotalAssetsEOYAmt0218930
IRS990/TotalAssetsGrp/BOYAmt0299674
IRS990/TotalAssetsGrp/EOYAmt0218930
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt076276
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04459
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0319146
IRS990/TotalFunctionalExpensesGrp/TotalAmt0323605
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048831
IRS990/TotalLiabilitiesEOYAmt021707
IRS990/TotalLiabilitiesGrp/BOYAmt048831

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.33$0.04$4.30$6.34$7.53$1.20
2023Detailed filing. Detailed filing data is available for this year.$5.53$0.04$5.49$5.02$5.28$0.26
2022Detailed filing. Detailed filing data is available for this year.$5.81$0.05$5.76$3.83$4.79$0.96
2021Detailed filing. Detailed filing data is available for this year.$6.80$0.08$6.72$7.67$4.72$2.95
2020Detailed filing. Detailed filing data is available for this year.$3.79$0.02$3.77$3.95$3.96$0.00
2019Detailed filing. Detailed filing data is available for this year.$3.81$0.03$3.78$5.34$3.09$2.25
2018Detailed filing. Detailed filing data is available for this year.$1.54$0.01$1.53$2.95$2.75$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.01$1.33$2.75$2.74$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.07$1.71$2.68$2.94$0.26
2014Detailed filing. Detailed filing data is available for this year.$2.19$0.22$1.97$2.70$3.24$0.54
2013Detailed filing. Detailed filing data is available for this year.$3.00$0.49$2.51$2.18$3.74$1.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.74$0.67$4.07$4.31
2011Summary only. Only limited summary data is available for this year.$5.51$0.25$5.26$3.24$4.44$1.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.82$0.36$6.46$4.23