Civic Intelligence

Bedford Life Saving and First

EIN 54-1048498 • 501(c)3 • Bedford, VA

Profile

The mission of the organization is to provide, at no cost, life saving and first aid services for residents of the Town of Bedford and Bedford County.

1107 Oakcrest StreetBedford, VA 24523-2516

www.bedfordsquad1.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-5153%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $269,562 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $269,562 (-100%) from 2020

Revenue

Down

$5,231

Down $1,044 (-17%) from 2020

Expenses

Down

$274,793

Down $459,182 (-63%) from 2020

Net Income

Up

-$269,562

Up $458,138 (+63%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $677,129Liabilities 2010: $0Net Assets 2010: $677,1292010Assets 2011: $666,112Liabilities 2011: $333Net Assets 2011: $665,7792011Assets 2012: $794,418Liabilities 2012: $333Net Assets 2012: $794,0852012Assets 2013: $823,133Liabilities 2013: $141Net Assets 2013: $822,9922013Assets 2014: $885,755Liabilities 2014: $141Net Assets 2014: $885,6142014Assets 2015: $974,089Liabilities 2015: $0Net Assets 2015: $974,0892015Assets 2016: $1,001,353Liabilities 2016: $0Net Assets 2016: $1,001,3532016Assets 2017: $1,032,826Liabilities 2017: $0Net Assets 2017: $1,032,8262017Assets 2018: $899,169Liabilities 2018: $0Net Assets 2018: $899,1692018Assets 2019: $1,000,885Liabilities 2019: $0Net Assets 2019: $1,000,8852019Assets 2020: $269,562Liabilities 2020: $0Net Assets 2020: $269,5622020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $154,4172010Expenses 2011: $154,9872011Expenses 2012: $134,8392012Revenue 2013: $152,786Expenses 2013: $135,819Net Income 2013: $16,9672013Revenue 2014: $186,173Expenses 2014: $129,669Net Income 2014: $56,5042014Revenue 2015: $261,806Expenses 2015: $135,371Net Income 2015: $126,4352015Revenue 2016: $113,986Expenses 2016: $125,856Net Income 2016: -$11,8702016Revenue 2017: $62,341Expenses 2017: $76,582Net Income 2017: -$14,2412017Revenue 2018: $44,657Expenses 2018: $7,250Net Income 2018: $37,4072018Revenue 2019: $37,607Expenses 2019: $1,538Net Income 2019: $36,0692019Revenue 2020: $6,275Expenses 2020: $733,975Net Income 2020: -$727,7002020Revenue 2021: $5,231Expenses 2021: $274,793Net Income 2021: -$269,5622021

Highlighted filing

2021

Revenue$5,231
Expenses$274,793
Net Income-$269,562

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.1
Gross Receipts
$5,231
Mission and Program Overview

Mission

The mission of the organization is to provide, at no cost, life saving and first aid services for residents of the Town of Bedford and Bedford County.

Volunteer Rescue Squad Promote education and training for life saving and first aid services. Support Bedford County Fire and Rescue services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$269,562--
Rtn Earn Endowment Incm Other Fnds$269,562--
Total Assets$269,562$0▼ $269,562
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$269,562$0▼ $269,562
Total Liabilities and Net Assets / Fund Balance$269,562$0▼ $269,562
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MessierChairman & Pre
Jim MessierDirector
Charlie ColesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5,231
Other Revenue
$0
Change in Net Assets
$-269,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$274,793
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$274,793--$274,793
Total Functional Expenses$274,793$0$0$274,793
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bedford Comm HeaBedford, VA501 c 3First Resp$274,793
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS

Form 990 is presented to the Treasurer of the organization, and the Board of Directors for review before it is submitted to the IRS.

Form 990, Part VI, Line 19, Section C - Disclosure

The public can review the organization's governing documents and financial statements at the accountant's main office upon request.

Form 990, Part VI, Line 2 - Business or Family Relationships

Jim Messier and John Messier are brothers.

Filing and Contact Details

Filer

Filer Name
Bedford Life Saving and First
EIN
54-1048498
Address
1107 OAKCREST STREET, BEDFORD, VA 24523-2516

Signing Officer

Name
Charles F Coles
Title
Treasurer
Phone
5405835358
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles F Coles
Formed
1970
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Darryl B Garrison CPA PC
Address
1107 Oakcrest Street, BEDFORD, VA 24523-2516
Preparer
Darryl B Garrison CPA
Phone
5405835358
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINES 3 & 4A

Due to lack of volunteers needed to respond to emergency calls, in early 2020, the Board of Directors made the decision to cease operations and distribute assets to entities that operated or supported first responder units

FORM 990, PART III, LINES 3 & 4A continued

On July 12, 2021, the Board completed distribution of all assets, with a distribution of an annuity in the amount of $274,793 to Bedford Community Health Foundation.

Raw XML Appendix308 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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IRS990/GrantsToIndividualsInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Due to lack of volunteers needed to respond to emergency calls, in early 2020, the Board of Directors made the decision to cease operations and distribute assets to entities that operated or supported first responder units
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1On July 12, 2021, the Board completed distribution of all assets, with a distribution of an annuity in the amount of $274,793 to Bedford Community Health Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is presented to the Treasurer of the organization, and the Board of Directors for review before it is submitted to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The public can review the organization's governing documents and financial statements at the accountant's main office upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Jim Messier and John Messier are brothers.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINES 3 & 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINES 3 & 4a continued
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 11b - FORM 990 REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 19, SECTION C - DISCLOSURE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, LINE 2 - BUSINESS OR FAMILY RELATIONSHIPS
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01107 Oakcrest Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEDFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0245232516
ReturnHeader/PreparerPersonGrp/PhoneNum05405835358
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Darryl B Garrison CPA
ReturnHeader/ReturnTs02022-11-14T14:59:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COLES
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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