Civic Intelligence

Mt. Hope Community Fire Dept Inc.

990 • Fiscal year 2014 • EIN 56-1130085

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 21, 2015

6651 Holts Store Road27283

(336) 697-0532

Siviq Scores

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

Liabilities / Assets

69th percentile

0.26x

Higher debt load relative to assets than 69% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

70th percentile

0.54x

Higher debt load relative to revenue than 70% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Net Margin

45th percentile

4.0%

Higher net margin than 45% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

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

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Asset Growth

14th percentile

-7.5%

Faster asset growth than 14% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

75th percentile

15%

Faster revenue growth than 75% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,288,452

Down $104,730 (-7.5%) from 2013

Net Assets

Up

$951,891

Up $25,031 (+2.7%) from 2013

Liabilities

Down

$336,561

Down $129,761 (-28%) from 2013

Revenue

Up

$628,941

Up $79,965 (+15%) from 2013

Expenses

Up

$603,910

Up $10,914 (+1.8%) from 2013

Net Income

Up

$25,031

Up $69,051 (+157%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,231,237Liabilities 2011: $213,989Net Assets 2011: $1,017,2482011Assets 2012: $1,531,139Liabilities 2012: $560,261Net Assets 2012: $970,8782012Assets 2013: $1,393,182Liabilities 2013: $466,322Net Assets 2013: $926,8602013Assets 2014: $1,288,452Liabilities 2014: $336,561Net Assets 2014: $951,8912014Assets 2015: $1,675,626Liabilities 2015: $610,008Net Assets 2015: $1,065,6182015Assets 2016: $1,674,898Liabilities 2016: $479,625Net Assets 2016: $1,195,2732016Assets 2017: $1,948,293Liabilities 2017: $665,651Net Assets 2017: $1,282,6422017Assets 2018: $1,956,538Liabilities 2018: $592,628Net Assets 2018: $1,363,9102018Assets 2019: $1,874,692Liabilities 2019: $483,221Net Assets 2019: $1,391,4712019Assets 2020: $1,775,927Liabilities 2020: $385,597Net Assets 2020: $1,390,3302020Assets 2021: $2,143,637Liabilities 2021: $662,893Net Assets 2021: $1,480,7442021Assets 2022: $2,189,933Liabilities 2022: $580,090Net Assets 2022: $1,609,8432022Assets 2023: $2,422,355Liabilities 2023: $496,575Net Assets 2023: $1,925,7802023Assets 2024: $2,652,427Liabilities 2024: $421,632Net Assets 2024: $2,230,7952024Assets 2025: $2,670,040Liabilities 2025: $272,532Net Assets 2025: $2,397,5082025

Highlighted filing

2014

Assets$1,288,452
Liabilities$336,561
Net Assets$951,891

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $560,218Expenses 2011: $374,027Net Income 2011: $186,1912011Revenue 2012: $403,038Expenses 2012: $450,288Net Income 2012: -$47,2502012Revenue 2013: $548,976Expenses 2013: $592,996Net Income 2013: -$44,0202013Revenue 2014: $628,941Expenses 2014: $603,910Net Income 2014: $25,0312014Revenue 2015: $695,840Expenses 2015: $582,113Net Income 2015: $113,7272015Revenue 2016: $738,964Expenses 2016: $609,309Net Income 2016: $129,6552016Revenue 2017: $800,039Expenses 2017: $713,470Net Income 2017: $86,5692017Revenue 2018: $755,340Expenses 2018: $695,238Net Income 2018: $60,1022018Revenue 2019: $767,839Expenses 2019: $740,278Net Income 2019: $27,5612019Revenue 2020: $797,240Expenses 2020: $798,381Net Income 2020: -$1,1412020Revenue 2021: $901,404Expenses 2021: $810,990Net Income 2021: $90,4142021Revenue 2022: $1,022,320Expenses 2022: $893,221Net Income 2022: $129,0992022Revenue 2023: $1,350,460Expenses 2023: $1,034,523Net Income 2023: $315,9372023Revenue 2024: $1,560,603Expenses 2024: $1,255,588Net Income 2024: $305,0152024Revenue 2025: $1,486,838Expenses 2025: $1,320,125Net Income 2025: $166,7132025

Highlighted filing

2014

Revenue$628,941
Expenses$603,910
Net Income$25,031
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 21, 2015
Return Version
2013v4.0
Gross Receipts
$638,408
Mission and Program Overview

Mission

Provide fire fighting, fire prevention, and emergency medical services.

Fire protection & emergency medical services

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,036,066$823,276▼ $212,790
Savings and Temporary Cash Investments$335,688$435,975▲ $100,287
Prepaid Expenses and Deferred Charges$16,668$22,027▲ $5,359
Accounts Receivable$2,659$4,322▲ $1,663
Cash and Non-Interest-Bearing Accounts$2,101$2,852▲ $751
Total Assets$1,393,182$1,288,452▼ $104,730
Liabilities
Other Liabilities$431,525$318,030▼ $113,495
Accounts Payable and Accrued Expenses$34,797$18,531▼ $16,266
Total Liabilities$466,322$336,561▼ $129,761
Net Assets / Fund Balance
Unrestricted Net Assets$884,395$898,288▲ $13,893
Temporarily Rstr Net Assets$42,465$53,603▲ $11,138
Total Net Assets Fund Balance$926,860$951,891▲ $25,031
Total Liabilities and Net Assets / Fund Balance$1,393,182$1,288,452▼ $104,730

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$380,708$1,718,644$2,099,352
Buildings$400,434$359,705$760,139
Land$42,134-$42,134
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$610,091
Program Service Revenue
$0
Investment Income
$4,322
Other Revenue
$14,528
All Other Contributions
$2,096
Change in Net Assets
$25,031

Audited Revenue Reconciliation

Revenue per Audited Statements
$628,941
Revenue Not Reported on Form 990
$58,820
Total Revenue per Audited Statements
$687,761
Total Revenue per Form 990
$628,941
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$365,677
Salaries, Compensation, and Employee Benefits$238,233
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$215,462$948-$216,410
Other Salaries and Wages$207,613$4,608-$212,221
Insurance$21,678$7,241-$28,919
All Other Expenses$19,741$3,922-$23,663
Payroll Taxes$16,867$415-$17,282
Other Expenses$13,662$719-$14,381
Interest$13,852--$13,852
Pension Plan Contributions$8,730--$8,730
Fees for Services Accounting-$7,258-$7,258
Office Expenses-$6,929-$6,929
Fees for Services Legal-$1,266-$1,266
Total Functional Expenses$570,604$33,306$0$603,910

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$662,730
Expenses per Audited Statements$603,910
Total Expenses per Form 990$603,910
Expenses Not Reported on Form 990$58,820
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,378
Fundraising Direct Expenses$9,467
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$8,534$8,534$1,282$7,252
Event 2$6,844$6,844$7,385$-541
Total Events$15,378$15,378$8,667$6,711
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Np - Fidelity Bank$231,411
Np - Bb&t Building Expansion$86,165
Loan Payable - Ge Capital$454
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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 2

Freddie gossett cathy gossett treasurer bookkeeper spouse

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 is provided to the organization's governing body before it is filed.

Form 990, Page 6, Part VI, Line 15A

The governing committee does a formal evaluation and looks at comparable salary and compensation data for similar size organizations.

Form 990, Page 6, Part VI, Line 19

All documents, policies and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
56-1130085
Phone
3366970532

Signing Officer

Name
Freddie Gossett
Title
Treasurer
Phone
3366970532
Signed
2015-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Freddie Gossett
Formed
1972
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
26
Volunteers
32

Preparer

Preparer
Samuel L Isley
Phone
3362261179
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising expenses 9,467 fundraising expenses -9,467

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 9,467

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 9,467

Raw XML Appendix387 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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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0359705
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0760139
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt049353
IRS990ScheduleD/DonatedServicesUseFcltsAmt049353
IRS990ScheduleD/ExpensesNotReportedAmt058820
IRS990ScheduleD/ExpensesSubtotalAmt0603910
IRS990ScheduleD/LandGrp/BookValueAmt042134
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt042134
IRS990ScheduleD/OtherExpensesIncludedAmt09467
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0380708
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01718644
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02099352
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0231411
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt186165
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NP - FIDELITY BANK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NP - BB&T BUILDING EXPANSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOAN PAYABLE - GE CAPITAL
IRS990ScheduleD/OtherRevenueAmt09467
IRS990ScheduleD/RevenueNotReportedAmt058820
IRS990ScheduleD/RevenueSubtotalAmt0628941
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 9,467
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 9,467
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0823276
IRS990ScheduleD/TotalExpensesPerForm990Amt0603910
IRS990ScheduleD/TotalLiabilityAmt0318030
IRS990ScheduleD/TotalRevenuePerForm990Amt0628941
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0687761
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0662730
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08667
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt08534
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06844
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015378
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08534
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06844
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015378
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0BRUNSWICK STEW
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0FISH FRY
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06711
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08667
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01282
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07385
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FREDDIE GOSSETT CATHY GOSSETT TREASURER BOOKKEEPER SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING COMMITTEE DOES A FORMAL EVALUATION AND LOOKS AT COMPARABLE SALARY AND COMPENSATION DATA FOR SIMILAR SIZE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING EXPENSES 9,467 FUNDRAISING EXPENSES -9,467
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt042465
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt053603
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01393182
IRS990/TotalAssetsEOYAmt01288452
IRS990/TotalAssetsGrp/BOYAmt01393182
IRS990/TotalAssetsGrp/EOYAmt01288452
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0610091
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033306
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0570604
IRS990/TotalFunctionalExpensesGrp/TotalAmt0603910
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0466322
IRS990/TotalLiabilitiesEOYAmt0336561
IRS990/TotalLiabilitiesGrp/BOYAmt0466322
IRS990/TotalLiabilitiesGrp/EOYAmt0336561
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0926860
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0951891
IRS990/TotalProgramServiceExpensesAmt0570604
IRS990/TotalRevenueGrp/ExclusionAmt04322
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08617
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0628941
IRS990/TotalVolunteersCnt032
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01393182
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01288452
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0884395
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0898288
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine106651 HOLTS STORE ROAD
IRS990/USAddress/City0JULIAN
IRS990/USAddress/State0NC
IRS990/USAddress/ZIPCode027283
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FREDDIE GOSSETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03366970532
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-21
ReturnHeader/Filer/BusinessName/BusinessNameLine10MT HOPE COMMUNITY FIRE DEPT INC
ReturnHeader/Filer/BusinessNameControlTxt0MTHO
ReturnHeader/Filer/EIN0561130085
ReturnHeader/Filer/PhoneNum03366970532
ReturnHeader/Filer/USAddress/AddressLine106651 HOLTS STORE ROAD
ReturnHeader/Filer/USAddress/City0JULIAN
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode027283
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202193767
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10THOMAS CHANDLER THOMAS & HINSHAW LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 1959
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0BURLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode027216
ReturnHeader/PreparerPersonGrp/PhoneNum03362261179
ReturnHeader/PreparerPersonGrp/PreparationDt02015-01-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAMUEL L ISLEY
ReturnHeader/ReturnTs02015-01-21T14:16:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.67$0.27$2.40$1.49$1.32$0.17
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.42$2.23$1.56$1.26$0.31
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.50$1.93$1.35$1.03$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.58$1.61$1.02$0.89$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.66$1.48$0.90$0.81$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.39$1.39$0.80$0.80$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.48$1.39$0.77$0.74$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.59$1.36$0.76$0.70$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.67$1.28$0.80$0.71$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.48$1.20$0.74$0.61$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.68$0.61$1.07$0.70$0.58$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.29$0.34$0.95$0.63$0.60$0.03
2013Summary only. Only limited summary data is available for this year.$1.39$0.47$0.93$0.55$0.59$0.04
2012Summary only. Only limited summary data is available for this year.$1.53$0.56$0.97$0.40$0.45$0.05
2011Summary only. Only limited summary data is available for this year.$1.23$0.21$1.02$0.56$0.37$0.19