Civic Intelligence

Cape Fear Rural Fire Department Inc

EIN 56-1153551 • 501(c)4 • Broadway, NC

Profile

The vfd was created for the purpose of providing fire protection in the cape fear fire service district, lee county, north carolina, and the town of broadway, north carolina.

PO Box 399Broadway, NC 27505-0399

n/A

Siviq Scores

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

Liabilities / Assets

76th percentile

0.26x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.60x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Net Margin

27th percentile

-2.4%

Higher net margin than 27% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

77th percentile

$54,446

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Asset Growth

61st percentile

7.8%

Faster asset growth than 61% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

64th percentile

18%

Faster revenue growth than 64% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,935,784

Up $269,661 (+16%) from 2023

Liabilities

Up

$496,713

Up $51,849 (+12%) from 2023

Net Assets

Up

$1,439,071

Up $217,812 (+18%) from 2023

Revenue

Up

$822,962

Up $281,126 (+52%) from 2023

Expenses

Up

$842,635

Up $357,799 (+74%) from 2023

Net Income

Down

-$19,673

Down $76,673 (-135%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $980,785Liabilities 2011: $646,281Net Assets 2011: $334,5042011Assets 2012: $965,002Liabilities 2012: $567,932Net Assets 2012: $397,0702012Assets 2013: $955,922Liabilities 2013: $486,766Net Assets 2013: $469,1562013Assets 2014: $1,156,789Liabilities 2014: $646,816Net Assets 2014: $509,9732014Assets 2015: $1,214,891Liabilities 2015: $626,547Net Assets 2015: $588,3442015Assets 2016: $1,468,239Liabilities 2016: $809,888Net Assets 2016: $658,3512016Assets 2017: $1,417,770Liabilities 2017: $711,748Net Assets 2017: $706,0222017Assets 2018: $1,398,623Liabilities 2018: $606,137Net Assets 2018: $792,4862018Assets 2019: $1,431,172Liabilities 2019: $529,936Net Assets 2019: $901,2362019Assets 2020: $1,717,685Liabilities 2020: $727,977Net Assets 2020: $989,7082020Assets 2021: $1,731,293Liabilities 2021: $636,966Net Assets 2021: $1,094,3272021Assets 2022: $1,705,427Liabilities 2022: $541,168Net Assets 2022: $1,164,2592022Assets 2023: $1,666,123Liabilities 2023: $444,864Net Assets 2023: $1,221,2592023Assets 2025: $1,935,784Liabilities 2025: $496,713Net Assets 2025: $1,439,0712025

Highlighted filing

2025

Assets$1,935,784
Liabilities$496,713
Net Assets$1,439,071

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $230,7762011Expenses 2012: $242,4332012Expenses 2013: $259,9982013Revenue 2014: $311,670Expenses 2014: $270,853Net Income 2014: $40,8172014Revenue 2015: $341,197Expenses 2015: $262,826Net Income 2015: $78,3712015Revenue 2016: $322,174Expenses 2016: $252,167Net Income 2016: $70,0072016Revenue 2017: $329,768Expenses 2017: $282,097Net Income 2017: $47,6712017Revenue 2018: $344,190Expenses 2018: $257,726Net Income 2018: $86,4642018Revenue 2019: $389,011Expenses 2019: $280,261Net Income 2019: $108,7502019Revenue 2020: $391,766Expenses 2020: $303,292Net Income 2020: $88,4742020Revenue 2021: $455,938Expenses 2021: $351,319Net Income 2021: $104,6192021Revenue 2022: $474,441Expenses 2022: $404,509Net Income 2022: $69,9322022Revenue 2023: $541,836Expenses 2023: $484,836Net Income 2023: $57,0002023Revenue 2025: $822,962Expenses 2025: $842,635Net Income 2025: -$19,6732025

Highlighted filing

2025

Revenue$822,962
Expenses$842,635
Net Income-$19,673

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.50$1.44$0.82$0.84$0.02
2023Summary only. Only limited summary data is available for this year.$1.67$0.44$1.22$0.54$0.48$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.54$1.16$0.47$0.40$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.64$1.09$0.46$0.35$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.73$0.99$0.39$0.30$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.53$0.90$0.39$0.28$0.11
2018Summary only. Only limited summary data is available for this year.$1.40$0.61$0.79$0.34$0.26$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.71$0.71$0.33$0.28$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.81$0.66$0.32$0.25$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.63$0.59$0.34$0.26$0.08
2014Summary only. Only limited summary data is available for this year.$1.16$0.65$0.51$0.31$0.27$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.49$0.47$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.57$0.40$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.65$0.33$0.23
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 15, 2023
Return Version
2021v4.2
Gross Receipts
$474,441
Mission and Program Overview

Mission

The vfd was created for the purpose of providing fire protection in the cape fear fire service district, lee county, north carolina and town of broadway, north carolina.

To provide fire protection.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,021,279$935,388▼ $85,891
Cash and Non-Interest-Bearing Accounts$636,369$695,661▲ $59,292
Savings and Temporary Cash Investments$66,564$66,790▲ $226
Accounts Receivable$4,020$3,953▼ $67
Prepaid Expenses and Deferred Charges$3,061$3,635▲ $574
Total Assets$1,731,293$1,705,427▼ $25,866
Liabilities
Mortgage Notes Payable Secured by Investment Property$581,907$480,939▼ $100,968
Escrow Account Liability$39,268$47,909▲ $8,641
Accounts Payable and Accrued Expenses$16,262$12,464▼ $3,798
Other Liabilities$-471$-144▲ $327
Total Liabilities$636,966$541,168▼ $95,798
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,094,327$1,164,259▲ $69,932
Total Net Assets Fund Balance$1,094,327$1,164,259▲ $69,932
Total Liabilities and Net Assets / Fund Balance$1,731,293$1,705,427▼ $25,866

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$524,987$1,320,706$1,845,693
Equipment$69,141$461,595$530,736
Buildings$265,193$218,601$483,794
Leasehold Improvements$58,093$47,397$105,490
Land$17,974-$17,974
Compensation and Service Providers

Employees

NameTitleBaseTotal
Bailey HowardDirector$13,158$13,158
Eddie DealVice-president$7,518$7,518
Britt McraeDirector$204$204

Board Members and Trustees

NameTitle
Sloan GriffinPresident
Ben VossDirector
Brice McraeDirector
Matthew PearceDirector
Mike CollinsDirector
Lisa MatthewsSecretary
Donald AndrewsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,700
Program Service Revenue
$459,908
Investment Income
$125
Other Revenue
$3,708
All Other Contributions
$700
Change in Net Assets
$69,932

Audited Revenue Reconciliation

Revenue per Audited Statements
$474,441
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$474,441
Total Revenue per Form 990
$474,441
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$281,409
Salaries, Compensation, and Employee Benefits$123,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$123,629--$123,629
Other Salaries and Wages$95,488--$95,488
Insurance$23,748--$23,748
Interest$22,587--$22,587
Current Officers, Directors, Trustees, and Key Employees$18,790--$18,790
Occupancy$16,026--$16,026
Fees for Services Other$10,197$1,133-$11,330
Office Expenses$7,651--$7,651
Payroll Taxes$6,988--$6,988
Conferences and Meetings$3,283--$3,283
Other Expenses$2,480--$2,480
Pension Plan Contributions$1,834--$1,834
Advertising$312--$312
Total Functional Expenses$403,376$1,133$0$404,509

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$404,509
Total Expenses per Audited Statements$404,509
Total Expenses per Form 990$404,509
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Donald F AndrewsTreasurerTHE TREASURER OF THE VFD IS A MINORITY OWNER OF THE INSURANCE AGENCY RESPONSIBLE FOR INSURING THE FIRE DEPARTMENT. DURING THE YEAR ENDED JUNE 30, 2022, THE VFD PAID $29,020 TO THIS INSURANCE AGENCY.No$29,020
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unamortized Loan Orgination Fees$-144
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Board review of irs form 990 it is cape fear rural fire department's policy that cape fear rural fire department's board of directors review the irs form 990 before it is filed with the irs. A board resolution is not required in order for the form 990 to be filed. The means of delivery shall be via email to each director's e-mail address.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy and contract statement of policy each member of the board of directors for the cape fear rural fire department has a duty to place the interest of the organization foremost in any dealings with or on behalf of the organization. No member shall use his or her position, or the knowledge gained there from, in such a manner that a conflict arises between the interest of the organization and his or her personal interests. As much as is possible, conflicts of interest are to be avoided. However, the fact that a director has a conflict of interest with the organization does not necessarily mean that a professional transaction cannot occur. There may be occasions when the board wants to engage in the transaction, even with conflict. Conflicting interest transactions of this organization are protected if: > material facts are disclosed, and a majority of the disinterested directors approves the transaction in good faith; and > the transaction is "fair as to the nonprofit corporation." the method to be used for determining that a particular transaction is fair to the organization is a favorable vote, as outlined in the organization's bylaws, by those directors who are not involved in the conflict. Each board member is expected to provide all material facts and personal interests that may be determined to present a conflict of interest before any discussion or negotiation of such transaction. The board member with a conflict may not vote on the transaction, but is not prohibited from participating in board discussion regarding the transaction. Resolution of any unprotected transaction may necessitate the termination of a professional relationship with a particular vendor or client, or, in extreme, resignation of one's position within the organization.

Form 990, Part VI, Section C, Line 18

Public inspection of form 1023 and form 990 cape fear rural fire department will make the forms 1023 and 990, governing documents, conflict of interest policy, and financial statements available to the public. Request to view documents made in person at cape fear rural fire department's principal office, will be made available the same day. The request has to be made during business hours of 9:00 a.m. To 5:00 p.m. Monday through friday. Request for copies of documents made in person, shall be provided the same day for a nominal charge of $0.25 per page copied. Request for copies of documents received via us mail, facsimile, e-mail, or telephone will be processed and sent out within 30 days of request. The requestor will have to pay for postage and a charge of $0.25 per page copied.

Form 990, Part VI, Section C, Line 19

Public inspection of form 990 cape fear rural fire department will make the form 990, governing documents, conflict of interest policy, and financial statements available to the public. Request to view documents made in person at cape fear rural fire department's principal office, will be made available the same day. The request has to be made during business hours of 9:00 a.m. To 5:00 p.m. Monday through friday. Request for copies of documents made in person, shall be provided the same day for a nominal charge of $0.25 per page copied. Request for copies of documents received via us mail, facsimile, e-mail, or telephone will be processed and sent out within 30 days of request. The requestor will have to pay for postage and a charge of $0.25 per page copied.

Filing and Contact Details

Filer

Filer Name
Cape Fear Rural Fire Department Inc
EIN
56-1153551
Phone
9192586511
Address
PO BOX 399, BROADWAY, NC 27505-0399

Signing Officer

Name
Donald Andrews
Title
Treasurer
Phone
9192585066
Signed
2023-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Andrews
Formed
1954
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
9
Employees
5
Volunteers
37

Preparer

Firm
Dmjps Pllc
Address
509 WEST MAIN STREET, SANFORD, NC 27332
Preparer
Charlie L Welborn CPA
Phone
9197744535
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The vfd has an account with a financial institution of which it has little or no discretion over the use of the funds in the account. The funds, which are collected as a part of tax levy revenues and provided by lee county, are included in amounts budgeted to the lee county fire marshal's office by lee county. The funds are used to equip and maintain swift water rescue equipment which is owned by the lee county fire marshal's office and stored by the vfd. Funds may be distributed at any time for any authorized purpose at the discretion of the fire marshal. The assets are used for the benefit of taxpayers in need of water rescue.

PART X, LINE 2:

The vfd is a not-for-profit organization exempt from federal income taxes under internal revenue code section 501(c) (4) and is classified as other than a private foundation. Accordingly, no income tax provision has been made in these statements. The vfd accounts for uncertain income tax positions by prescribing a minimum probability threshold a tax position must meet before a financial statement income tax benefit is recognized. The minimum threshold is defined as a tax position, based solely on its technical merits, that would more likely than not be sustained upon examination by the relevant tax authority with knowledge of the same facts. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate resolution. Based on all known facts and circumstances and current tax law, the vfd believes the total amount of uncertain income tax position liabilities and related accrued interest are not material to its financial position.

Raw XML AppendixShowing 400 of 417 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/Desc0THE VFD WAS CREATED FOR THE PURPOSE OF PROVIDING FIRE PROTECTION IN THE CAPE FEAR FIRE SERVICE DISTRICT, LEE COUNTY, NORTH CAROLINA, AND THE TOWN OF BROADWAY, NORTH CAROLINA.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/MissionDesc0THE VFD WAS CREATED FOR THE PURPOSE OF PROVIDING FIRE PROTECTION IN THE CAPE FEAR FIRE SERVICE DISTRICT, LEE COUNTY, NORTH CAROLINA, AND THE TOWN OF BROADWAY, NORTH CAROLINA.
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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt016026
IRS990/OccupancyGrp/TotalAmt016026
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IRS990/OfficeExpensesGrp/TotalAmt07651
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1FUEL EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3COMMUNICATIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt057185
IRS990/OtherExpensesGrp/ProgramServicesAmt110394
IRS990/OtherExpensesGrp/ProgramServicesAmt22784
IRS990/OtherExpensesGrp/ProgramServicesAmt32480
IRS990/OtherExpensesGrp/TotalAmt057185
IRS990/OtherExpensesGrp/TotalAmt110394
IRS990/OtherExpensesGrp/TotalAmt22784
IRS990/OtherExpensesGrp/TotalAmt32480
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IRS990/OtherSalariesAndWagesGrp/TotalAmt095488
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IRS990/PayrollTaxesGrp/ProgramServicesAmt06988
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0459908
IRS990/SavingsAndTempCashInvstGrp/BOYAmt066564
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066790
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0265193
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0218601
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0483794
IRS990ScheduleD/EquipmentGrp/BookValueAmt069141
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0461595
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0530736
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt017974
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017974
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt058093
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt047397
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0105490
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0524987
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01320706
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01845693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-144
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNAMORTIZED LOAN ORGINATION FEES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0474441
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VFD HAS AN ACCOUNT WITH A FINANCIAL INSTITUTION OF WHICH IT HAS LITTLE OR NO DISCRETION OVER THE USE OF THE FUNDS IN THE ACCOUNT. THE FUNDS, WHICH ARE COLLECTED AS A PART OF TAX LEVY REVENUES AND PROVIDED BY LEE COUNTY, ARE INCLUDED IN AMOUNTS BUDGETED TO THE LEE COUNTY FIRE MARSHAL'S OFFICE BY LEE COUNTY. THE FUNDS ARE USED TO EQUIP AND MAINTAIN SWIFT WATER RESCUE EQUIPMENT WHICH IS OWNED BY THE LEE COUNTY FIRE MARSHAL'S OFFICE AND STORED BY THE VFD. FUNDS MAY BE DISTRIBUTED AT ANY TIME FOR ANY AUTHORIZED PURPOSE AT THE DISCRETION OF THE FIRE MARSHAL. THE ASSETS ARE USED FOR THE BENEFIT OF TAXPAYERS IN NEED OF WATER RESCUE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE VFD IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C) (4) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, NO INCOME TAX PROVISION HAS BEEN MADE IN THESE STATEMENTS. THE VFD ACCOUNTS FOR UNCERTAIN INCOME TAX POSITIONS BY PRESCRIBING A MINIMUM PROBABILITY THRESHOLD A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT INCOME TAX BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION, BASED SOLELY ON ITS TECHNICAL MERITS, THAT WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAX AUTHORITY WITH KNOWLEDGE OF THE SAME FACTS. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE RESOLUTION. BASED ON ALL KNOWN FACTS AND CIRCUMSTANCES AND CURRENT TAX LAW, THE VFD BELIEVES THE TOTAL AMOUNT OF UNCERTAIN INCOME TAX POSITION LIABILITIES AND RELATED ACCRUED INTEREST ARE NOT MATERIAL TO ITS FINANCIAL POSITION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0935388
IRS990ScheduleD/TotalExpensesPerForm990Amt0404509
IRS990ScheduleD/TotalLiabilityAmt0-144
IRS990ScheduleD/TotalRevenuePerForm990Amt0474441
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0474441
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0404509
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DONALD F ANDREWS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt029020
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE TREASURER OF THE VFD IS A MINORITY OWNER OF THE INSURANCE AGENCY RESPONSIBLE FOR INSURING THE FIRE DEPARTMENT. DURING THE YEAR ENDED JUNE 30, 2022, THE VFD PAID $29,020 TO THIS INSURANCE AGENCY.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEW OF IRS FORM 990 IT IS CAPE FEAR RURAL FIRE DEPARTMENT'S POLICY THAT CAPE FEAR RURAL FIRE DEPARTMENT'S BOARD OF DIRECTORS REVIEW THE IRS FORM 990 BEFORE IT IS FILED WITH THE IRS. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE FORM 990 TO BE FILED. THE MEANS OF DELIVERY SHALL BE VIA EMAIL TO EACH DIRECTOR'S E-MAIL ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY AND CONTRACT STATEMENT OF POLICY EACH MEMBER OF THE BOARD OF DIRECTORS FOR THE CAPE FEAR RURAL FIRE DEPARTMENT HAS A DUTY TO PLACE THE INTEREST OF THE ORGANIZATION FOREMOST IN ANY DEALINGS WITH OR ON BEHALF OF THE ORGANIZATION. NO MEMBER SHALL USE HIS OR HER POSITION, OR THE KNOWLEDGE GAINED THERE FROM, IN SUCH A MANNER THAT A CONFLICT ARISES BETWEEN THE INTEREST OF THE ORGANIZATION AND HIS OR HER PERSONAL INTERESTS. AS MUCH AS IS POSSIBLE, CONFLICTS OF INTEREST ARE TO BE AVOIDED. HOWEVER, THE FACT THAT A DIRECTOR HAS A CONFLICT OF INTEREST WITH THE ORGANIZATION DOES NOT NECESSARILY MEAN THAT A PROFESSIONAL TRANSACTION CANNOT OCCUR. THERE MAY BE OCCASIONS WHEN THE BOARD WANTS TO ENGAGE IN THE TRANSACTION, EVEN WITH CONFLICT. CONFLICTING INTEREST TRANSACTIONS OF THIS ORGANIZATION ARE PROTECTED IF: > MATERIAL FACTS ARE DISCLOSED, AND A MAJORITY OF THE DISINTERESTED DIRECTORS APPROVES THE TRANSACTION IN GOOD FAITH; AND > THE TRANSACTION IS "FAIR AS TO THE NONPROFIT CORPORATION." THE METHOD TO BE USED FOR DETERMINING THAT A PARTICULAR TRANSACTION IS FAIR TO THE ORGANIZATION IS A FAVORABLE VOTE, AS OUTLINED IN THE ORGANIZATION'S BYLAWS, BY THOSE DIRECTORS WHO ARE NOT INVOLVED IN THE CONFLICT. EACH BOARD MEMBER IS EXPECTED TO PROVIDE ALL MATERIAL FACTS AND PERSONAL INTERESTS THAT MAY BE DETERMINED TO PRESENT A CONFLICT OF INTEREST BEFORE ANY DISCUSSION OR NEGOTIATION OF SUCH TRANSACTION. THE BOARD MEMBER WITH A CONFLICT MAY NOT VOTE ON THE TRANSACTION, BUT IS NOT PROHIBITED FROM PARTICIPATING IN BOARD DISCUSSION REGARDING THE TRANSACTION. RESOLUTION OF ANY UNPROTECTED TRANSACTION MAY NECESSITATE THE TERMINATION OF A PROFESSIONAL RELATIONSHIP WITH A PARTICULAR VENDOR OR CLIENT, OR, IN EXTREME, RESIGNATION OF ONE'S POSITION WITHIN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PUBLIC INSPECTION OF FORM 1023 AND FORM 990 CAPE FEAR RURAL FIRE DEPARTMENT WILL MAKE THE FORMS 1023 AND 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. REQUEST TO VIEW DOCUMENTS MADE IN PERSON AT CAPE FEAR RURAL FIRE DEPARTMENT'S PRINCIPAL OFFICE, WILL BE MADE AVAILABLE THE SAME DAY. THE REQUEST HAS TO BE MADE DURING BUSINESS HOURS OF 9:00 A.M. TO 5:00 P.M. MONDAY THROUGH FRIDAY. REQUEST FOR COPIES OF DOCUMENTS MADE IN PERSON, SHALL BE PROVIDED THE SAME DAY FOR A NOMINAL CHARGE OF $0.25 PER PAGE COPIED. REQUEST FOR COPIES OF DOCUMENTS RECEIVED VIA US MAIL, FACSIMILE, E-MAIL, OR TELEPHONE WILL BE PROCESSED AND SENT OUT WITHIN 30 DAYS OF REQUEST. THE REQUESTOR WILL HAVE TO PAY FOR POSTAGE AND A CHARGE OF $0.25 PER PAGE COPIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PUBLIC INSPECTION OF FORM 990 CAPE FEAR RURAL FIRE DEPARTMENT WILL MAKE THE FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. REQUEST TO VIEW DOCUMENTS MADE IN PERSON AT CAPE FEAR RURAL FIRE DEPARTMENT'S PRINCIPAL OFFICE, WILL BE MADE AVAILABLE THE SAME DAY. THE REQUEST HAS TO BE MADE DURING BUSINESS HOURS OF 9:00 A.M. TO 5:00 P.M. MONDAY THROUGH FRIDAY. REQUEST FOR COPIES OF DOCUMENTS MADE IN PERSON, SHALL BE PROVIDED THE SAME DAY FOR A NOMINAL CHARGE OF $0.25 PER PAGE COPIED. REQUEST FOR COPIES OF DOCUMENTS RECEIVED VIA US MAIL, FACSIMILE, E-MAIL, OR TELEPHONE WILL BE PROCESSED AND SENT OUT WITHIN 30 DAYS OF REQUEST. THE REQUESTOR WILL HAVE TO PAY FOR POSTAGE AND A CHARGE OF $0.25 PER PAGE COPIED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt01705427
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt037
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IRS990/USAddress/ZIPCd0275059524
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD ANDREWS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09192585066
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAPE FEAR RURAL FIRE DEPARTMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0CAPE
ReturnHeader/Filer/EIN0561153551
ReturnHeader/Filer/PhoneNum09192586511
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 399
ReturnHeader/Filer/USAddress/CityNm0BROADWAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC

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