Civic Intelligence

Welcome Fire & Rescue Inc

EIN 56-1160705 • 501(c)3 • Welcome, NC

Profile

To provide fire protection services & emergency medical service to the welcome fire district of davidson county, nc.

PO Box 251Welcome, NC 27374-0251
Siviq Scores

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

Liabilities / Assets

89th percentile

0.63x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

0.84x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

66th percentile

14%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

60th percentile

7.9%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$959,490

Down $27,029 (-2.7%) from 2023

Liabilities

Down

$593,681

Down $27,921 (-4.5%) from 2023

Net Assets

Up

$365,809

Up $892 (+0.2%) from 2023

Revenue

Up

$752,853

Up $11,473 (+1.5%) from 2023

Expenses

Up

$751,961

Up $111,515 (+17%) from 2023

Net Income

Down

$892

Down $100,042 (-99%) 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: $1,574,604Liabilities 2011: $779,024Net Assets 2011: $795,5802011Assets 2012: $1,890,828Liabilities 2012: $1,088,791Net Assets 2012: $802,0372012Assets 2013: $1,776,592Liabilities 2013: $975,252Net Assets 2013: $801,3402013Assets 2014: $1,677,937Liabilities 2014: $903,513Net Assets 2014: $774,4242014Assets 2015: $1,596,809Liabilities 2015: $876,158Net Assets 2015: $720,6512015Assets 2016: $1,728,661Liabilities 2016: $891,713Net Assets 2016: $836,9482016Assets 2017: $811,489Liabilities 2017: $745,029Net Assets 2017: $66,4602017Assets 2018: $834,772Liabilities 2018: $757,403Net Assets 2018: $77,3692018Assets 2019: $959,067Liabilities 2019: $827,876Net Assets 2019: $131,1912019Assets 2020: $885,107Liabilities 2020: $759,270Net Assets 2020: $125,8372020Assets 2021: $827,134Liabilities 2021: $678,304Net Assets 2021: $148,8302021Assets 2022: $914,043Liabilities 2022: $650,060Net Assets 2022: $263,9832022Assets 2023: $986,519Liabilities 2023: $621,602Net Assets 2023: $364,9172023Assets 2024: $959,490Liabilities 2024: $593,681Net Assets 2024: $365,8092024

Highlighted filing

2024

Assets$959,490
Liabilities$593,681
Net Assets$365,809

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $490,856Expenses 2011: $470,579Net Income 2011: $20,2772011Revenue 2012: $506,782Expenses 2012: $500,325Net Income 2012: $6,4572012Revenue 2013: $537,310Expenses 2013: $538,006Net Income 2013: -$6962013Revenue 2014: $531,950Expenses 2014: $558,866Net Income 2014: -$26,9162014Revenue 2015: $522,179Expenses 2015: $575,952Net Income 2015: -$53,7732015Revenue 2016: $577,402Expenses 2016: $461,105Net Income 2016: $116,2972016Revenue 2017: $821,925Expenses 2017: $622,136Net Income 2017: $199,7892017Revenue 2018: $655,450Expenses 2018: $644,541Net Income 2018: $10,9092018Revenue 2019: $684,830Expenses 2019: $631,008Net Income 2019: $53,8222019Revenue 2020: $688,340Expenses 2020: $693,694Net Income 2020: -$5,3542020Revenue 2021: $622,757Expenses 2021: $599,764Net Income 2021: $22,9932021Revenue 2022: $662,626Expenses 2022: $547,473Net Income 2022: $115,1532022Revenue 2023: $741,380Expenses 2023: $640,446Net Income 2023: $100,9342023Revenue 2024: $752,853Expenses 2024: $751,961Net Income 2024: $8922024

Highlighted filing

2024

Revenue$752,853
Expenses$751,961
Net Income$892

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.59$0.37$0.75$0.75$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.62$0.36$0.74$0.64$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.65$0.26$0.66$0.55$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.83$0.68$0.15$0.62$0.60$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.76$0.13$0.69$0.69$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.83$0.13$0.68$0.63$0.05
2018Summary only. Only limited summary data is available for this year.$0.83$0.76$0.08$0.66$0.64$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.75$0.07$0.82$0.62$0.20
2016Summary only. Only limited summary data is available for this year.$1.73$0.89$0.84$0.58$0.46$0.12
2015Summary only. Only limited summary data is available for this year.$1.60$0.88$0.72$0.52$0.58$0.05
2014Summary only. Only limited summary data is available for this year.$1.68$0.90$0.77$0.53$0.56$0.03
2013Summary only. Only limited summary data is available for this year.$1.78$0.98$0.80$0.54$0.54$0.00
2012Summary only. Only limited summary data is available for this year.$1.89$1.09$0.80$0.51$0.50$0.01
2011Summary only. Only limited summary data is available for this year.$1.57$0.78$0.80$0.49$0.47$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 31, 2024
Return Version
2023v6.0
Gross Receipts
$752,853
Mission and Program Overview

Mission

To provide fire protection services & emergency medical service to the welcome fire district of davidson county, nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$384,038$400,851▲ $16,813
Cash and Non-Interest-Bearing Accounts$307,972$332,516▲ $24,544
Land, Buildings, and Equipment, Net$294,509$226,123▼ $68,386
Total Assets$986,519$959,490▼ $27,029
Liabilities
Mortgage Notes Payable Secured by Investment Property$557,625$522,239▼ $35,386
Other Liabilities$63,977$71,442▲ $7,465
Total Liabilities$621,602$593,681▼ $27,921
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$364,917$365,809▲ $892
Total Net Assets Fund Balance$364,917$365,809▲ $892
Total Liabilities and Net Assets / Fund Balance$986,519$959,490▼ $27,029

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$76,065$2,002,328$2,078,393
Buildings$99,058$657,162$756,220
Land$51,000-$51,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Don CraffordChief FiremanPT$27,930$27,930

Board Members and Trustees

NameTitle
Samantha WhittPresident
Gary BerrierVice President
Alison BrinkleySecretarytreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$731,733
Investment Income
$19,020
Other Revenue
$2,100
Change in Net Assets
$892
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$414,390
Salaries, Compensation, and Employee Benefits$333,964
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$277,613--$277,613
All Other Expenses$171,868$806-$172,674
Depreciation Depletion$68,386--$68,386
Insurance$33,090--$33,090
Current Officers, Directors, Trustees, and Key Employees$27,930--$27,930
Interest-$27,602-$27,602
Payroll Taxes-$23,289-$23,289
Office Expenses-$21,034-$21,034
Fees for Services Accounting-$21,015-$21,015
Other Expenses$12,844--$12,844
Pension Plan Contributions$3,641--$3,641
Benefits to Members$3,607--$3,607
Other Employee Benefits$1,491--$1,491
Total Functional Expenses$658,215$93,746$0$751,961
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due Under Relief Fund$70,501
Payroll Liabilties$941
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The Organization has members who are the voting public within the Organizations fire tax district.

Member election for additional members Part VI line 7A

The Organization has a board of directors elected by members at large at an annual business meeting.

Form 990 governing body review Part VI line 11

A copy of form 990 is provided to the governing board prior to filing with the Internal Revenue Service. If anyone has any questions thereto, they are discussed and resolved. In the event that the form 990 due date is before a board meeting, but was not prepared prior to the previous board meeting, a copy is provided for the next board meeting for review.

Conflict of interest policy compliance Part VI line 12C

Bylaws are updated to establish a written conflict of interest policy, and this policy is monitored thru internal control and monthly board meetings.

CEO executive director top management comp Part VI line 15A

The board of directors reviews and approves compensation for the Organizations CEO, Executive Director or top management official.

Other officer or key employee compensation Part VI line 15B

The Organizations board of directors reviews and approves compensation for officers and other key employees.

Governing documents etc available to public Part VI line 19

The Organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Welcome Fire & Rescue Inc
EIN
56-1160705
Address
PO BOX 251, WELCOME, NC 27374-0251

Signing Officer

Name
Samantha Whitt
Title
President
Phone
3362403926
Signed
2024-12-31
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
30

Preparer

Firm
Goins CPA Pllc
Address
102-A West First Avenue, Lexington, NC 27292
Preparer
Jeffrey Goins
Phone
3362492176
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Other Expenses - See the attached overflow schedule listing these expenses.

Raw XML Appendix373 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/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARYTREASURER
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09157
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06317
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0437
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02304
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt029188
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99140
IRS990ScheduleA/PublicSupportPY170Pct00.99590
IRS990ScheduleA/PublicSupportTotal170Amt03347774
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0730957
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0706014
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0651484
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0594157
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0656005
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt03338617
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0731733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0709030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0653339
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0595095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0658577
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03347774
IRS990ScheduleA/TotalSupportAmt03376962
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt099058
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0657162
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0756220
IRS990ScheduleD/EquipmentGrp/BookValueAmt076065
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02002328
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02078393
IRS990ScheduleD/LandGrp/BookValueAmt051000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt051000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt070501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1941
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE UNDER RELIEF FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILTIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0226123
IRS990ScheduleD/TotalLiabilityAmt071442
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has members who are the voting public within the Organizations fire tax district.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization has a board of directors elected by members at large at an annual business meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of form 990 is provided to the governing board prior to filing with the Internal Revenue Service. If anyone has any questions thereto, they are discussed and resolved. In the event that the form 990 due date is before a board meeting, but was not prepared prior to the previous board meeting, a copy is provided for the next board meeting for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bylaws are updated to establish a written conflict of interest policy, and this policy is monitored thru internal control and monthly board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board of directors reviews and approves compensation for the Organizations CEO, Executive Director or top management official.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organizations board of directors reviews and approves compensation for officers and other key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Organization makes its governing documents and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other Expenses - See the attached overflow schedule listing these expenses.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0986519
IRS990/TotalAssetsEOYAmt0959490
IRS990/TotalAssetsGrp/BOYAmt0986519
IRS990/TotalAssetsGrp/EOYAmt0959490
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt093746
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0658215
IRS990/TotalFunctionalExpensesGrp/TotalAmt0751961
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0621602
IRS990/TotalLiabilitiesEOYAmt0593681
IRS990/TotalLiabilitiesGrp/BOYAmt0621602
IRS990/TotalLiabilitiesGrp/EOYAmt0593681
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0364917
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0365809
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0658215
IRS990/TotalProgramServiceRevenueAmt0731733
IRS990/TotalReportableCompFromOrgAmt027930
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0752853
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0752853
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0986519
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0959490
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAMANTHA WHITT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03362403926
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELCOME FIRE & RESCUE INC
ReturnHeader/Filer/BusinessNameControlTxt0WELC
ReturnHeader/Filer/EIN0561160705
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 251
ReturnHeader/Filer/USAddress/CityNm0WELCOME
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0273740251
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814815236
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOINS CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0102-A West First Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027292
ReturnHeader/PreparerPersonGrp/PhoneNum03362492176
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey Goins
ReturnHeader/ReturnTs02025-01-20T16:53:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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