Civic Intelligence

Skyland Fire and Rescue Corporation

EIN 56-0840361 • 501(c)3 • Skyland, NC

Profile

Provide fire protection and rescue services for the skyland and averys creek areas in buncombe county, nc.

P O Box 640Skyland, NC 28776

www.skylandfire.com

Siviq Scores

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

Liabilities / Assets

68th percentile

0.38x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.67x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

41st percentile

$160,695

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

58th percentile

6.8%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$18,380,990

Up $1,173,961 (+6.8%) from 2023

Liabilities

Down

$6,944,596

Down $656,633 (-8.6%) from 2023

Net Assets

Up

$11,436,394

Up $1,830,594 (+19%) from 2023

Revenue

Up

$10,407,251

Up $1,002,446 (+11%) from 2023

Expenses

Up

$8,576,657

Up $455,036 (+5.6%) from 2023

Net Income

Up

$1,830,594

Up $547,410 (+43%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $5,881,097Liabilities 2011: $2,450,375Net Assets 2011: $3,430,7222011Assets 2012: $5,534,180Liabilities 2012: $2,176,141Net Assets 2012: $3,358,0392012Assets 2013: $5,593,018Liabilities 2013: $2,000,171Net Assets 2013: $3,592,8472013Assets 2014: $6,457,358Liabilities 2014: $2,606,402Net Assets 2014: $3,850,9562014Assets 2015: $7,455,323Liabilities 2015: $3,632,031Net Assets 2015: $3,823,2922015Assets 2016: $8,687,567Liabilities 2016: $4,975,083Net Assets 2016: $3,712,4842016Assets 2017: $8,550,269Liabilities 2017: $5,171,548Net Assets 2017: $3,378,7212017Assets 2018: $9,488,426Liabilities 2018: $4,956,344Net Assets 2018: $4,532,0822018Assets 2019: $9,738,433Liabilities 2019: $7,331,134Net Assets 2019: $2,407,2992019Assets 2020: $10,938,648Liabilities 2020: $7,727,212Net Assets 2020: $3,211,4362020Assets 2021: $12,851,307Liabilities 2021: $7,535,651Net Assets 2021: $5,315,6562021Assets 2022: $15,076,970Liabilities 2022: $6,581,698Net Assets 2022: $8,495,2722022Assets 2023: $17,207,029Liabilities 2023: $7,601,229Net Assets 2023: $9,605,8002023Assets 2024: $18,380,990Liabilities 2024: $6,944,596Net Assets 2024: $11,436,3942024

Highlighted filing

2024

Assets$18,380,990
Liabilities$6,944,596
Net Assets$11,436,394

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,353,943Expenses 2011: $4,586,053Net Income 2011: -$232,1102011Expenses 2012: $4,197,0032012Expenses 2013: $4,473,4762013Revenue 2014: $6,771,884Expenses 2014: $6,513,775Net Income 2014: $258,1092014Revenue 2015: $5,617,053Expenses 2015: $5,643,313Net Income 2015: -$26,2602015Revenue 2016: $6,306,414Expenses 2016: $6,418,625Net Income 2016: -$112,2112016Revenue 2017: $6,042,447Expenses 2017: $6,376,210Net Income 2017: -$333,7632017Revenue 2018: $6,616,436Expenses 2018: $5,729,034Net Income 2018: $887,4022018Revenue 2019: $7,315,810Expenses 2019: $6,256,439Net Income 2019: $1,059,3712019Revenue 2020: $7,919,502Expenses 2020: $6,511,007Net Income 2020: $1,408,4952020Revenue 2021: $8,519,231Expenses 2021: $6,769,683Net Income 2021: $1,749,5482021Revenue 2022: $10,092,495Expenses 2022: $6,912,879Net Income 2022: $3,179,6162022Revenue 2023: $9,404,805Expenses 2023: $8,121,621Net Income 2023: $1,283,1842023Revenue 2024: $10,407,251Expenses 2024: $8,576,657Net Income 2024: $1,830,5942024

Highlighted filing

2024

Revenue$10,407,251
Expenses$8,576,657
Net Income$1,830,594

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.4$6.94$11.4$10.4$8.58$1.83
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$7.60$9.61$9.40$8.12$1.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.1$6.58$8.50$10.1$6.91$3.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$7.54$5.32$8.52$6.77$1.75
2020Summary only. Only limited summary data is available for this year.$10.9$7.73$3.21$7.92$6.51$1.41
2019Summary only. Only limited summary data is available for this year.$9.74$7.33$2.41$7.32$6.26$1.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.49$4.96$4.53$6.62$5.73$0.89
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.55$5.17$3.38$6.04$6.38$0.33
2016Detailed filing. Detailed filing data is available for this year.$8.69$4.98$3.71$6.31$6.42$0.11
2015Detailed filing. Detailed filing data is available for this year.$7.46$3.63$3.82$5.62$5.64$0.03
2014Detailed filing. Detailed filing data is available for this year.$6.46$2.61$3.85$6.77$6.51$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.59$2.00$3.59$4.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.53$2.18$3.36$4.20
2011Summary only. Only limited summary data is available for this year.$5.88$2.45$3.43$4.35$4.59$0.23
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 10, 2022
Return Version
2020v4.0
Gross Receipts
$8,519,231
Mission and Program Overview

Mission

Provide fire protection and rescue services for the skyland and averys creek areas in buncombe county, nc.

Fire protection and first responder emergency medical services for the citizens living in, or visiting the Skyland fire districts located in Buncombe County, North Carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,820,820$5,852,801▲ $2,031,981
Land, Buildings, and Equipment, Net$4,887,244$5,214,446▲ $327,202
Accounts Receivable$918,192$1,080,178▲ $161,986
Cash and Non-Interest-Bearing Accounts$1,161,731$541,223▼ $620,508
Prepaid Expenses and Deferred Charges$144,027$153,631▲ $9,604
Intangible Assets$6,634$9,028▲ $2,394
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$10,938,648$12,851,307▲ $1,912,659
Liabilities
Other Liabilities$3,875,150$3,689,160▼ $185,990
Mortgage Notes Payable Secured by Investment Property$3,354,175$3,062,391▼ $291,784
Accounts Payable and Accrued Expenses$497,887$784,100▲ $286,213
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,727,212$7,535,651▼ $191,561
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,086,372$5,167,837▲ $2,081,465
Net Assets With Donor Restrictions$125,064$147,819▲ $22,755
Total Net Assets Fund Balance$3,211,436$5,315,656▲ $2,104,220
Total Liabilities and Net Assets / Fund Balance$10,938,648$12,851,307▲ $1,912,659

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,942,415$4,807,942$8,750,357
Equipment$866,322$5,150,813$6,017,135
Land$405,709-$405,709
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ryan ColeFire Chief-$117,808$117,808
Trevor LanceFire ChiefFT$111,078$111,078

Board Members and Trustees

NameTitle
Kermit TolleyPresident, Board of Directors
Chris MorganVice President, Board of Directors
Howard McDillBoard Member
Jeff TraczBoard Member
John HumpheryBoard Member
Rick WoodBoard Member
Riley BennetBoard Member
Tim HinmanSecretary, Board of Directors
Sandy WorleyTreasurer, Board of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$55,140
Program Service Revenue
$8,178,022
Investment Income
$48,743
Other Revenue
$237,326
All Other Contributions
$55,140
Change in Net Assets
$1,749,548

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,519,231
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$8,519,231
Total Revenue per Form 990
$8,519,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,404,629
Other Expenses$1,365,054
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,301,080$46,368$0$3,347,448
Pension Plan Contributions$768,247$5,724$0$773,971
Other Employee Benefits$763,044$0$0$763,044
Depreciation Depletion$427,982$0$0$427,982
Payroll Taxes$287,851$3,429$0$291,280
Other Expenses$242,311$0$0$242,311
Current Officers, Directors, Trustees, and Key Employees$228,886$0$0$228,886
Occupancy$164,535$0$0$164,535
Office Expenses$12,748$91,365$0$104,113
Interest$101,543$0$0$101,543
Fees for Services Accounting$6,597$34,035$0$40,632
Conferences and Meetings$27,271$0$0$27,271
Fees for Services Management$0$13,700$0$13,700
Fees for Services Legal$0$8,625$0$8,625
Total Functional Expenses$6,566,437$203,246$0$6,769,683

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,769,683
Total Expenses per Audited Statements$6,769,683
Total Expenses per Form 990$6,769,683
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post Retirement Benefit Obligation$3,689,160
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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, Section B, Line 11B

The 990 is prepared by the department accountant after receipt of the Independent Auditors report The 990 entries are reconciled to the audited financial statements. Before filing the completed 990 is forwarded to the department Chief for review and comparison to the audit report

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, financial statements, board minutes and tax returns are on file at the department and readily available to the public , or other interested parties, upon request

Filing and Contact Details

Filer

Filer Name
Skyland Fire and Rescue Corporation
EIN
56-0840361
Phone
8286846421
Address
P O Box 640, Skyland, NC 28776

Signing Officer

Name
Ron Cole
Title
Dept. Accountant
Phone
8286846421
Signed
2022-11-10

Organization Details

Principal Officer
Trevor Lance
Formed
1953
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
91
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

During the year ending June 15,2015 the department adopted a post employment benefit plan for health insurance to employees that retire. Each year an independent actuarial report is received and the estimated financial liability is adjusted to the current year end valuation

Financial Statement Notes

Schedule D, Part X, Line 2

Skyland Fire and Rescue Corporation is nonprofit corporation that is exempt from federal and North Carolina taxes under Section 501(c)(3) of the Internal Revenue Code and is classified by the Internal Revenue Service as a public charity. It is the Department's policy to evaluate all tax positions to identify any that may be considered uncertain. No material uncertain tax positions were identified for tax years 2020 and 2019.

Raw XML AppendixShowing 400 of 841 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0784100
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IRS990/AccountsReceivableGrp/EOYAmt01080178
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Fire protection and first responder emergency medical services for the citizens living in, or visiting the Skyland fire districts located in Buncombe County, North Carolina
IRS990/AdvertisingGrp/FundraisingAmt00
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IRS990/AdvertisingGrp/TotalAmt00
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IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Kerrie Mock
IRS990/BooksInCareOfDetail/PhoneNum08286846421
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 640
IRS990/BooksInCareOfDetail/USAddress/CityNm0Skyland
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028776
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IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
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IRS990/CompDisqualPersonsGrp/FundraisingAmt00
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IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08519231
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt00
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IRS990/Desc0The department provided 24 hour coverage 365 days to the citizens of the Skyland Fire districts , and responded to those in need of emergency fire, first responder medical or standby protections
IRS990/DescribedInSection501c3Ind01
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IRS990/FeesForServicesLegalGrp/TotalAmt08625
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Ryan Cole
IRS990/Form990PartVIISectionAGrp/PersonNm1Trevor Lance
IRS990/Form990PartVIISectionAGrp/PersonNm2Kermit Tolley
IRS990/Form990PartVIISectionAGrp/PersonNm3Chris Morgan
IRS990/Form990PartVIISectionAGrp/PersonNm4Sandy Worley
IRS990/Form990PartVIISectionAGrp/PersonNm5Tim Hinman
IRS990/Form990PartVIISectionAGrp/PersonNm6Jeff Tracz
IRS990/Form990PartVIISectionAGrp/PersonNm7Howard McDill
IRS990/Form990PartVIISectionAGrp/PersonNm8John Humphery
IRS990/Form990PartVIISectionAGrp/PersonNm9Riley Bennet
IRS990/Form990PartVIISectionAGrp/PersonNm10Rick Wood
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0117808
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1117078
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Fire Chief
IRS990/Form990PartVIISectionAGrp/TitleTxt1Fire Chief
IRS990/Form990PartVIISectionAGrp/TitleTxt2President, Board of Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President, Board of Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer, Board of Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary, Board of Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
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IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The department provided 24 hour coverage 365 days to the citizens of the Skyland Fire districts , and responded to those in need of emergency fire, first responder medical or standby protections
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IRS990/OfficerMailingAddressInd00
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Buncombe County Covid Vaccine Sites
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IRS990/PensionPlanContributionsGrp/FundraisingAmt00
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrincipalOfficerNm0Trevor Lance
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IRS990/ProgramServiceRevenueGrp/BusinessCd0922160
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IRS990/ProgramServiceRevenueGrp/Desc0Tax Collections
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IRS990/ProgramServiceRevenueGrp/Desc2Standby Protections
IRS990/ProgramServiceRevenueGrp/Desc3Relief Fund
IRS990/ProgramServiceRevenueGrp/Desc4Other Revenues
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30

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