Civic Intelligence

Potomac Heights Volunteer Fire Dept and Rescue Squad Incorporated

990 • Fiscal year 2019 • EIN 52-1602006

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 12, 2019

73 Glymont RoadIndian Head, MD 20640-1115

(301) 743-7700

Siviq Scores

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

Liabilities / Assets

59th percentile

0.14x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.29x

Higher debt load relative to revenue than 71% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

4th percentile

-73%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

4th percentile

-29%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

14%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,772,512

Down $731,666 (-29%) from 2018

Net Assets

Down

$1,518,604

Down $639,696 (-30%) from 2018

Liabilities

Down

$253,908

Down $91,970 (-27%) from 2018

Revenue

Up

$877,148

Up $105,876 (+14%) from 2018

Expenses

Up

$1,516,844

Up $1,124,577 (+287%) from 2018

Net Income

Down

-$639,696

Down $1,018,701 (-269%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,129,420Liabilities 2012: $825,883Net Assets 2012: $303,5372012Assets 2013: $1,569,747Liabilities 2013: $495,326Net Assets 2013: $1,074,4212013Assets 2014: $1,687,760Liabilities 2014: $675,742Net Assets 2014: $1,012,0182014Assets 2015: $1,943,222Liabilities 2015: $602,195Net Assets 2015: $1,341,0272015Assets 2016: $2,017,638Liabilities 2016: $519,929Net Assets 2016: $1,497,7092016Assets 2017: $2,219,478Liabilities 2017: $434,511Net Assets 2017: $1,784,9672017Assets 2018: $2,504,178Liabilities 2018: $345,878Net Assets 2018: $2,158,3002018Assets 2019: $1,772,512Liabilities 2019: $253,908Net Assets 2019: $1,518,6042019Assets 2020: $2,032,320Liabilities 2020: $158,497Net Assets 2020: $1,873,8232020Assets 2021: $2,174,781Liabilities 2021: $0Net Assets 2021: $2,174,7812021Assets 2022: $2,689,901Liabilities 2022: $0Net Assets 2022: $2,689,9012022Assets 2023: $3,220,425Liabilities 2023: $0Net Assets 2023: $3,220,4252023Assets 2024: $3,753,563Liabilities 2024: $0Net Assets 2024: $3,753,5632024Assets 2025: $4,370,350Liabilities 2025: $0Net Assets 2025: $4,370,3502025

Highlighted filing

2019

Assets$1,772,512
Liabilities$253,908
Net Assets$1,518,604

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2012: $720,432Expenses 2012: $1,035,452Net Income 2012: -$315,0202012Revenue 2013: $781,584Expenses 2013: $828,610Net Income 2013: -$47,0262013Revenue 2014: $729,676Expenses 2014: $792,079Net Income 2014: -$62,4032014Revenue 2015: $1,011,492Expenses 2015: $383,987Net Income 2015: $627,5052015Revenue 2016: $697,681Expenses 2016: $523,149Net Income 2016: $174,5322016Revenue 2017: $707,446Expenses 2017: $409,478Net Income 2017: $297,9682017Revenue 2018: $771,272Expenses 2018: $392,267Net Income 2018: $379,0052018Revenue 2019: $877,148Expenses 2019: $1,516,844Net Income 2019: -$639,6962019Revenue 2020: $800,108Expenses 2020: $444,889Net Income 2020: $355,2192020Revenue 2021: $837,410Expenses 2021: $536,452Net Income 2021: $300,9582021Revenue 2022: $880,567Expenses 2022: $365,447Net Income 2022: $515,1202022Revenue 2023: $916,640Expenses 2023: $386,116Net Income 2023: $530,5242023Revenue 2024: $1,056,014Expenses 2024: $522,876Net Income 2024: $533,1382024Revenue 2025: $1,151,064Expenses 2025: $534,277Net Income 2025: $616,7872025

Highlighted filing

2019

Revenue$877,148
Expenses$1,516,844
Net Income-$639,696
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$881,764
Mission and Program Overview

Mission

Fire fighting & emergency medical services

Fire fighting & protection

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,336,104$1,583,436▼ $752,668
Rtn Earn Endowment Incm Other Fnds$2,158,300$1,518,604▼ $639,696
Cash and Non-Interest-Bearing Accounts$148,795$185,863▲ $37,068
Land, Buildings, and Equipment, Net$19,279$3,213▼ $16,066
Total Assets$2,504,178$1,772,512▼ $731,666
Liabilities
Mortgage Notes Payable Secured by Investment Property$345,878$253,908▼ $91,970
Total Liabilities$345,878$253,908▼ $91,970
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,158,300$1,518,604▼ $639,696
Total Liabilities and Net Assets / Fund Balance$2,504,178$1,772,512▼ $731,666

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$954,400$954,400
Other Land Buildings$3,213$108,351$111,564
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffrey ClementsPresident
Donald LathamDirector
Michael Buck JrDirector
Robert Collins SrDirector
Lisa BerrySecretary
Stephen L RisonTreasurer
Matthew RogersVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$785,201
Program Service Revenue
$0
Investment Income
$6,226
Other Revenue
$85,721
All Other Contributions
$13,799
Change in Net Assets
$-639,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,516,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$960,826--$960,826
Occupancy$92,754--$92,754
All Other Expenses$90,287--$90,287
Other Expenses$56,273--$56,273
Interest$11,254--$11,254
Total Functional Expenses$1,516,844$0$0$1,516,844
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$12,720
Fundraising Direct Expenses$4,616
Professional Fundraising Fees$0
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
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Potomac Heights Vfd & Rescue Squad
EIN
52-1602006
Phone
3017437700
Address
73 GLYMONT ROAD, INDIAN HEAD, MD 20640-1115

Signing Officer

Name
Stephen L Rison
Title
Treasurer
Phone
3017437700
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen L Rison
Formed
1950
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
50

Preparer

Firm
Watkins & Associates Pa
Address
PO BOX 2168, LA PLATA, MD 20646-2168
Preparer
George W Watkins CPA
Phone
3019344225
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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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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.37$0.00$4.37$1.15$0.53$0.62
2024Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$1.06$0.52$0.53
2023Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$0.92$0.39$0.53
2022Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.88$0.37$0.52
2021Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.84$0.54$0.30
2020Detailed filing. Detailed filing data is available for this year.$2.03$0.16$1.87$0.80$0.44$0.36
2019Detailed filing. Detailed filing data is available for this year.$1.77$0.25$1.52$0.88$1.52$0.64
2018Detailed filing. Detailed filing data is available for this year.$2.50$0.35$2.16$0.77$0.39$0.38
2017Detailed filing. Detailed filing data is available for this year.$2.22$0.43$1.78$0.71$0.41$0.30
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.52$1.50$0.70$0.52$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.94$0.60$1.34$1.01$0.38$0.63
2014Detailed filing. Detailed filing data is available for this year.$1.69$0.68$1.01$0.73$0.79$0.06
2013Summary only. Only limited summary data is available for this year.$1.57$0.50$1.07$0.78$0.83$0.05
2012Summary only. Only limited summary data is available for this year.$1.13$0.83$0.30$0.72$1.04$0.32
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits