Civic Intelligence

Willards Volunteer Fire Co Inc.

990 • Fiscal year 2017 • EIN 52-1939114

Jan 01, 2017 to Dec 31, 2017 • Filed on May 06, 2018

7370 Main StreetWillards, MD 21874

(410) 835-8678

Siviq Scores

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

Liabilities / Assets

68th percentile

0.26x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

1.40x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

82nd percentile

25%

Higher net margin than 82% 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

49th percentile

2.9%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

25th percentile

-5.8%

Faster revenue growth than 25% of similar nonprofits.

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

Assets

Up

$2,769,230

Up $78,466 (+2.9%) from 2016

Net Assets

Up

$2,057,348

Up $128,002 (+6.6%) from 2016

Liabilities

Down

$711,882

Down $49,536 (-6.5%) from 2016

Revenue

Down

$507,979

Down $31,074 (-5.8%) from 2016

Expenses

Up

$379,977

Up $13,441 (+3.7%) from 2016

Net Income

Down

$128,002

Down $44,515 (-26%) 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 2010: $2,400,259Liabilities 2010: $785,632Net Assets 2010: $1,614,6272010Assets 2011: $2,345,135Liabilities 2011: $682,769Net Assets 2011: $1,662,3662011Assets 2012: $2,251,968Liabilities 2012: $554,580Net Assets 2012: $1,697,3882012Assets 2013: $2,308,952Liabilities 2013: $586,463Net Assets 2013: $1,722,4892013Assets 2014: $2,133,978Liabilities 2014: $438,802Net Assets 2014: $1,695,1762014Assets 2015: $2,144,224Liabilities 2015: $387,395Net Assets 2015: $1,756,8292015Assets 2016: $2,690,764Liabilities 2016: $761,418Net Assets 2016: $1,929,3462016Assets 2017: $2,769,230Liabilities 2017: $711,882Net Assets 2017: $2,057,3482017Assets 2018: $2,558,186Liabilities 2018: $372,040Net Assets 2018: $2,186,1462018Assets 2019: $2,405,527Liabilities 2019: $217,050Net Assets 2019: $2,188,4772019Assets 2020: $2,651,059Liabilities 2020: $112,626Net Assets 2020: $2,538,4332020Assets 2021: $2,678,269Liabilities 2021: $0Net Assets 2021: $2,678,2692021Assets 2022: $2,862,445Liabilities 2022: $0Net Assets 2022: $2,862,4452022Assets 2023: $3,022,422Liabilities 2023: $0Net Assets 2023: $3,022,4222023Assets 2024: $3,213,708Liabilities 2024: $0Net Assets 2024: $3,213,7082024

Highlighted filing

2017

Assets$2,769,230
Liabilities$711,882
Net Assets$2,057,348

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $449,9832010Expenses 2011: $463,1212011Expenses 2012: $413,7292012Revenue 2013: $468,221Expenses 2013: $443,120Net Income 2013: $25,1012013Revenue 2014: $432,213Expenses 2014: $459,526Net Income 2014: -$27,3132014Revenue 2015: $540,818Expenses 2015: $479,166Net Income 2015: $61,6522015Revenue 2016: $539,053Expenses 2016: $366,536Net Income 2016: $172,5172016Revenue 2017: $507,979Expenses 2017: $379,977Net Income 2017: $128,0022017Revenue 2018: $617,632Expenses 2018: $488,834Net Income 2018: $128,7982018Revenue 2019: $480,061Expenses 2019: $477,730Net Income 2019: $2,3312019Revenue 2020: $839,827Expenses 2020: $489,871Net Income 2020: $349,9562020Revenue 2021: $685,432Expenses 2021: $545,596Net Income 2021: $139,8362021Revenue 2022: $734,464Expenses 2022: $550,288Net Income 2022: $184,1762022Revenue 2023: $745,653Expenses 2023: $603,017Net Income 2023: $142,6362023Revenue 2024: $848,143Expenses 2024: $656,857Net Income 2024: $191,2862024

Highlighted filing

2017

Revenue$507,979
Expenses$379,977
Net Income$128,002
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 6, 2018
Return Version
2017v2.3
Gross Receipts
$618,056
Mission and Program Overview

Mission

Fire rescue and ambulance service

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,185,288$2,210,716▲ $25,428
Cash and Non-Interest-Bearing Accounts$331,077$384,056▲ $52,979
Savings and Temporary Cash Investments$112,894$113,357▲ $463
Investments in Publicly Traded Securities$28,506$29,052▲ $546
Investments Other Securities$22,890$22,875▼ $15
Prepaid Expenses and Deferred Charges$10,109$9,174▼ $935
Total Assets$2,690,764$2,769,230▲ $78,466
Liabilities
Unsecured Notes Loans Payable$745,190$711,882▼ $33,308
Mortgage Notes Payable Secured by Investment Property$16,228--
Total Liabilities$761,418$711,882▼ $49,536
Net Assets / Fund Balance
Unrestricted Net Assets$1,929,346$2,057,348▲ $128,002
Total Net Assets Fund Balance$1,929,346$2,057,348▲ $128,002
Total Liabilities and Net Assets / Fund Balance$2,690,764$2,769,230▲ $78,466

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$709,802$1,293,794$2,003,596
Buildings$1,291,637$473,797$1,765,434
Equipment$58,835$387,185$446,020
Land$147,234-$147,234
Leasehold Improvements$3,208$13,892$17,100
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ruth TwilleyPresident
Greg WiltbankTrustee
Jay EshamTrustee
Keith TwilleyTrustee
Ralph LewisTrustee
Vernon PerdueTrustee
Samantha GraySecretary
Joan CallowayTreasurer
Gary LewisVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$387,084
Program Service Revenue
$78,324
Investment Income
$2,558
Other Revenue
$40,013
All Other Contributions
$20,815
Change in Net Assets
$128,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$265,406
Salaries, Compensation, and Employee Benefits$114,571
Total Fundraising Expense$10,489
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$105,841--$105,841
Depreciation Depletion$77,422$387$731$78,540
Insurance$35,207--$35,207
Occupancy$34,037--$34,037
All Other Expenses$13,529$2,347$9,758$25,634
Interest$22,435--$22,435
Payroll Taxes$8,730--$8,730
Other Expenses$12,863$6,100-$6,100
Fees for Services Accounting-$5,150-$5,150
Office Expenses$683$3,896-$4,579
Fees for Services Legal-$330-$330
Total Functional Expenses$351,278$18,210$10,489$379,977
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$141,433
Gaming Direct Expenses$110,077
Fundraising Gross Income$5,949
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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

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
Willards Volunteer Fire Co Inc
EIN
52-1939114
Phone
4108358678
Address
7370 MAIN STREET, WILLARDS, MD 21874

Signing Officer

Name
Joan Calloway
Title
Treasurer
Phone
4108358678
Signed
2018-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joan Calloway
Formed
1927
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
0
Employees
14
Volunteers
36

Preparer

Firm
Wigglesworthlaytonmoyers&chancepc
Address
506 S DIVISION ST, SALISBURY, MD 21801
Preparer
James E Moyers Ii
Phone
4107421121
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

All members of the volunteer fire company are volunteers. Volunteers contributed a total of 11,070 hours during the year. There are no monetary benefits provided to the volunteers. However, they are recognized for their volunteer services at an awards dinner that is paid for by the fire company. Some members receive awards for their services. The cost of the dinner and awards is minimal and is provided to show appreciation to members for their volunteer services. Emt's are paid professionals who ride in the ambulance to provide emergency medical services to persons who require ambulance services. They are the only persons who receive wages and/or benefits.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0333102
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01733457
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02542
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01639
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01446
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01367
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09126
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0228414
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0229082
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0219799
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0146453
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0152293
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0976041
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63760
IRS990ScheduleA/PublicSupportPY170Pct00.64420
IRS990ScheduleA/PublicSupportTotal170Amt01733457
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0387084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0410303
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0319654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0283314
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0333102
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01733457
IRS990ScheduleA/TotalSupportAmt02718624
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/CorrectionMadeInd0false
IRS990ScheduleC/Form4720FiledSection4955TaxInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01291637
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0473797
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01765434
IRS990ScheduleD/EquipmentGrp/BookValueAmt058835
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0387185
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0446020
IRS990ScheduleD/LandGrp/BookValueAmt0147234
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0147234
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03208
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013892
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt017100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0709802
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01293794
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02003596
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02210716
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt096241
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt096241
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0110077
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0131397
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt010036
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0141433
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt031356
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt05770
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt010336
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt04566
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt03500
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt03500
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0JOAN CALLOWAY
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt06418 POWELLVILLE RD
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0WILLARDS
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MD
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd021874
IRS990ScheduleG/StatesWhereGamingConductedCd0MD
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS OF THE VOLUNTEER FIRE COMPANY ARE VOLUNTEERS. VOLUNTEERS CONTRIBUTED A TOTAL OF 11,070 HOURS DURING THE YEAR. THERE ARE NO MONETARY BENEFITS PROVIDED TO THE VOLUNTEERS. HOWEVER, THEY ARE RECOGNIZED FOR THEIR VOLUNTEER SERVICES AT AN AWARDS DINNER THAT IS PAID FOR BY THE FIRE COMPANY. SOME MEMBERS RECEIVE AWARDS FOR THEIR SERVICES. THE COST OF THE DINNER AND AWARDS IS MINIMAL AND IS PROVIDED TO SHOW APPRECIATION TO MEMBERS FOR THEIR VOLUNTEER SERVICES. EMT'S ARE PAID PROFESSIONALS WHO RIDE IN THE AMBULANCE TO PROVIDE EMERGENCY MEDICAL SERVICES TO PERSONS WHO REQUIRE AMBULANCE SERVICES. THEY ARE THE ONLY PERSONS WHO RECEIVE WAGES AND/OR BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02690764
IRS990/TotalAssetsEOYAmt02769230
IRS990/TotalAssetsGrp/BOYAmt02690764
IRS990/TotalAssetsGrp/EOYAmt02769230
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0387084
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010489
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018210
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0351278
IRS990/TotalFunctionalExpensesGrp/TotalAmt0379977
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0761418
IRS990/TotalLiabilitiesEOYAmt0711882
IRS990/TotalLiabilitiesGrp/BOYAmt0761418
IRS990/TotalLiabilitiesGrp/EOYAmt0711882
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01929346
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02057348
IRS990/TotalProgramServiceExpensesAmt0351278
IRS990/TotalProgramServiceRevenueAmt078324
IRS990/TotalRevenueGrp/ExclusionAmt0120895
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0507979
IRS990/TotalVolunteersCnt036
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02690764
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02769230
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01929346
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02057348
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0745190
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0711882
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06418 POWELLVILLE ROAD
IRS990/USAddress/CityNm0WILLARDS
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021874
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.WILLARDSFIRE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOAN CALLOWAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04108358678
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-06

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.21$0.00$3.21$0.85$0.66$0.19
2023Detailed filing. Detailed filing data is available for this year.$3.02$0.00$3.02$0.75$0.60$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.73$0.55$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$0.69$0.55$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.65$0.11$2.54$0.84$0.49$0.35
2019Detailed filing. Detailed filing data is available for this year.$2.41$0.22$2.19$0.48$0.48$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.56$0.37$2.19$0.62$0.49$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.77$0.71$2.06$0.51$0.38$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.69$0.76$1.93$0.54$0.37$0.17
2015Detailed filing. Detailed filing data is available for this year.$2.14$0.39$1.76$0.54$0.48$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.13$0.44$1.70$0.43$0.46$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.31$0.59$1.72$0.47$0.44$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.55$1.70$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.68$1.66$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.79$1.61$0.45