Civic Intelligence

Goodson-Kinderhook Volunteer Fire Dept Inc.

990 • Fiscal year 2017 • EIN 54-1059190

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 17, 2018

19864 Benhams RdBristol, VA 24202

(423) 968-9112

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

90th percentile

$41,011

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

22nd percentile

-18%

Faster asset growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$324,146

Down $70,448 (-18%) from 2016

Net Assets

Down

$317,740

Down $70,389 (-18%) from 2016

Liabilities

Down

$6,406

Down $59 (-0.9%) from 2016

Revenue

Down

$428,988

Down $202,980 (-32%) from 2016

Expenses

Up

$499,414

Up $30,192 (+6.4%) from 2016

Net Income

Down

-$70,426

Down $233,172 (-143%) from 2016

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: $479,256Liabilities 2010: $126,671Net Assets 2010: $352,5852010Assets 2011: $385,772Liabilities 2011: $108,507Net Assets 2011: $277,2652011Assets 2012: $449,016Liabilities 2012: $91,059Net Assets 2012: $357,9572012Assets 2013: $374,785Liabilities 2013: $78,413Net Assets 2013: $296,3722013Assets 2014: $321,895Liabilities 2014: $52,679Net Assets 2014: $269,2162014Assets 2015: $247,765Liabilities 2015: $25,466Net Assets 2015: $222,2992015Assets 2016: $394,594Liabilities 2016: $6,465Net Assets 2016: $388,1292016Assets 2017: $324,146Liabilities 2017: $6,406Net Assets 2017: $317,7402017Assets 2018: $269,640Liabilities 2018: $46Net Assets 2018: $269,5942018Assets 2020: $606,236Liabilities 2020: $95,712Net Assets 2020: $510,5242020Assets 2021: $606,159Liabilities 2021: $3,862Net Assets 2021: $602,2972021Assets 2022: $468,562Liabilities 2022: $2,063Net Assets 2022: $466,4992022Assets 2023: $398,238Liabilities 2023: $3,612Net Assets 2023: $394,6262023Assets 2024: $353,737Liabilities 2024: $3,360Net Assets 2024: $350,3772024

Highlighted filing

2017

Assets$324,146
Liabilities$6,406
Net Assets$317,740

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $391,6782010Expenses 2011: $360,6662011Expenses 2012: $371,6952012Revenue 2013: $355,854Expenses 2013: $417,406Net Income 2013: -$61,5522013Revenue 2014: $293,067Expenses 2014: $322,462Net Income 2014: -$29,3952014Revenue 2015: $338,360Expenses 2015: $385,277Net Income 2015: -$46,9172015Revenue 2016: $631,968Expenses 2016: $469,222Net Income 2016: $162,7462016Revenue 2017: $428,988Expenses 2017: $499,414Net Income 2017: -$70,4262017Revenue 2018: $387,876Expenses 2018: $436,022Net Income 2018: -$48,1462018Revenue 2020: $537,840Expenses 2020: $484,657Net Income 2020: $53,1832020Revenue 2021: $682,163Expenses 2021: $590,691Net Income 2021: $91,4722021Revenue 2022: $424,115Expenses 2022: $559,913Net Income 2022: -$135,7982022Revenue 2023: $439,420Expenses 2023: $519,304Net Income 2023: -$79,8842023Revenue 2024: $488,387Expenses 2024: $536,976Net Income 2024: -$48,5892024

Highlighted filing

2017

Revenue$428,988
Expenses$499,414
Net Income-$70,426
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 17, 2018
Return Version
2017v2.2
Gross Receipts
$429,038
Mission and Program Overview

Mission

Emergency Fire and Rescue Services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$396,304$325,669▼ $70,635
Cash and Non-Interest-Bearing Accounts$11,436$11,608▲ $172
Accounts Receivable-$15-
Savings and Temporary Cash Investments$3$3→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$394,594$324,146▼ $70,448
Other Assets Total$-13,149$-13,149→ $0
Liabilities
Other Liabilities$6,308$5,379▼ $929
Accounts Payable and Accrued Expenses$157$1,027▲ $870
Total Liabilities$6,465$6,406▼ $59
Net Assets / Fund Balance
Unrestricted Net Assets$320,401$215,241▼ $105,160
Temporarily Rstr Net Assets$67,728$102,499▲ $34,771
Total Net Assets Fund Balance$388,129$317,740▼ $70,389
Total Liabilities and Net Assets / Fund Balance$394,594$324,146▼ $70,448

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$81,345$1,350,682$1,432,027
Buildings$137,928$283,845$421,773
Land$114,859-$114,859
Other Land Buildings$-8,463$10,619$2,156
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Freddy LewisTreasurerFT$41,011$41,011

Board Members and Trustees

NameTitle
Rick PullenPresident
Jordan WatsonVice President
Don VenableChief
Rusty DeanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$298,578
Program Service Revenue
$123,467
Investment Income
$6,088
Other Revenue
$855
All Other Contributions
$28,494
Change in Net Assets
$-70,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$283,227
Other Expenses$216,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$-70

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$201,927--$201,927
Depreciation Depletion$108,720--$108,720
Current Officers, Directors, Trustees, and Key Employees$41,011--$41,011
Insurance$31,546--$31,546
Other Employee Benefits$22,812--$22,812
Payroll Taxes$17,477--$17,477
Occupancy$15,681--$15,681
Fees for Services Accounting-$9,168-$9,168
All Other Expenses$7,489$225-$7,714
Fees for Services Other$6,175--$6,175
Other Expenses$2,339--$2,339
Advertising-$825-$825
Conferences and Meetings-$540-$540
Office Expenses-$413-$413
Information Technology-$241$-70$171
Interest$-2--$-2
Fees for Services Legal-$-310-$-310
Total Functional Expenses$488,382$11,102$-70$499,414
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
FIT Withholding$2,010
Accrued FICA Expense$1,381
FSOC Withholding$1,119
VA Withholding$811
FMED Withholding$262
Employee Health Insurance Payab$116
Child Support VA$-99
Health Insurance-Employee W/H$-221
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Membership in the Volunteer Fire Department is granted to those who apply and who meet the conditions of membership as presented by the by-laws of the Corporation.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Business and Line Officers of the Fire Department are elected annually by the membership.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Certain actions must be approved by the entire membership as detailed in the Corporation's governing documents.

Form 990, Part VI, Line 11B: Form 990 Review Process

Draft and final copies of the Form 990 are reviewed by a least one Business Officer of the Corporation before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Public and contributors are provided opportunity to review governing documents, policies and 990 during normal business hours at the official address of the Corporation.

Filing and Contact Details

Filer

Filer Name
Goodson-Kinderhook Volunteer Fire Dept
EIN
54-1059190
Address
19864 Benhams Rd, Bristol, VA 24202

Signing Officer

Name
Freddy Lewis
Title
Treasurer
Signed
2018-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Freddy Lewis
Formed
1967
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
0
Employees
7
Volunteers
36

Preparer

Firm
Stanfield Thomas & Associates LLC
Address
724 Bluff City Hwy, Bristol, TN 37620
Preparer
Stephen C Stanfield EA
Phone
4239689112
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-70426
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0855
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0298578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0508385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0247065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0192949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0222812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01469789
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0123
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0130410
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0124546
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt091545
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt092814
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0103709
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0543024
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73020
IRS990ScheduleA/PublicSupportPY170Pct00.72730
IRS990ScheduleA/PublicSupportTotal170Amt01469789
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0298578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0508385
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0247065
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0192949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0222812
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01469789
IRS990ScheduleA/TotalSupportAmt02012936
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0137928
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0283845
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0421773
IRS990ScheduleD/EquipmentGrp/BookValueAmt081345
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01350682
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01432027
IRS990ScheduleD/LandGrp/BookValueAmt0114859
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0114859
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-8463
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010619
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02156
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01381
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-99
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32010
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt51119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6-221
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt7811
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued FICA Expense
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Child Support VA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Employee Health Insurance Payab
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3FIT Withholding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4FMED Withholding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5FSOC Withholding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6Health Insurance-Employee W/H
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7VA Withholding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0325669
IRS990ScheduleD/TotalLiabilityAmt05379
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Membership in the Volunteer Fire Department is granted to those who apply and who meet the conditions of membership as presented by the by-laws of the Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Business and Line Officers of the Fire Department are elected annually by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Certain actions must be approved by the entire membership as detailed in the Corporation's governing documents.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Draft and final copies of the Form 990 are reviewed by a least one Business Officer of the Corporation before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Public and contributors are provided opportunity to review governing documents, policies and 990 during normal business hours at the official address of the Corporation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt067728
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0102499
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0394594
IRS990/TotalAssetsEOYAmt0324146
IRS990/TotalAssetsGrp/BOYAmt0394594
IRS990/TotalAssetsGrp/EOYAmt0324146
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0298578
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0-70
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011102
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0488382
IRS990/TotalFunctionalExpensesGrp/TotalAmt0499414
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06465
IRS990/TotalLiabilitiesEOYAmt06406
IRS990/TotalLiabilitiesGrp/BOYAmt06465
IRS990/TotalLiabilitiesGrp/EOYAmt06406
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0388129
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0317740
IRS990/TotalProgramServiceExpensesAmt0488382
IRS990/TotalProgramServiceRevenueAmt0123467
IRS990/TotalReportableCompFromOrgAmt041011
IRS990/TotalRevenueGrp/ExclusionAmt0878
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0129532
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0428988
IRS990/TotalVolunteersCnt036

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.54$0.03$3.50$4.88$5.37$0.49
2023Detailed filing. Detailed filing data is available for this year.$3.98$0.04$3.95$4.39$5.19$0.80
2022Detailed filing. Detailed filing data is available for this year.$4.69$0.02$4.66$4.24$5.60$1.36
2021Detailed filing. Detailed filing data is available for this year.$6.06$0.04$6.02$6.82$5.91$0.91
2020Detailed filing. Detailed filing data is available for this year.$6.06$0.96$5.11$5.38$4.85$0.53
2018Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.70$3.88$4.36$0.48
2017Detailed filing. Detailed filing data is available for this year.$3.24$0.06$3.18$4.29$4.99$0.70
2016Detailed filing. Detailed filing data is available for this year.$3.95$0.06$3.88$6.32$4.69$1.63
2015Detailed filing. Detailed filing data is available for this year.$2.48$0.25$2.22$3.38$3.85$0.47
2014Detailed filing. Detailed filing data is available for this year.$3.22$0.53$2.69$2.93$3.22$0.29
2013Detailed filing. Detailed filing data is available for this year.$3.75$0.78$2.96$3.56$4.17$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.49$0.91$3.58$3.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$1.09$2.77$3.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.79$1.27$3.53$3.92