Civic Intelligence

Ridgecrest Volunteer Fire Department Inc.

990 • Fiscal year 2017 • EIN 56-1274843

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

24792 Millinport RdLocust, NC 28097

(704) 485-4458

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.70x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • NTEE M • <$500k nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.77x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • NTEE M • <$500k nonprofits • Source year 2017

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

2017 filings • NTEE M • <$500k nonprofits • Source year 2017

Top Officer Pay

94th percentile

$2,960

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2017 filings • NTEE M • <$500k nonprofits • Source year 2017

Asset Growth

51st percentile

2.7%

Faster asset growth than 51% of similar nonprofits.

2017 filings • NTEE M • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

68th percentile

10%

Faster revenue growth than 68% of similar nonprofits.

2017 filings • NTEE M • <$500k nonprofits • Annualized from 2015 to 2017

Assets

Up

$319,532

Up $16,426 (+5.4%) from 2015

Net Assets

Up

$95,775

Up $104,123 (+1247%) from 2015

Liabilities

Down

$223,757

Down $87,697 (-28%) from 2015

Revenue

Up

$290,045

Up $50,408 (+21%) from 2015

Expenses

Up

$192,161

Up $13,164 (+7.4%) from 2015

Net Income

Up

$97,884

Up $37,244 (+61%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $500,319Liabilities 2010: $511,276Net Assets 2010: -$10,9572010Assets 2011: $432,361Liabilities 2011: $472,885Net Assets 2011: -$40,5242011Assets 2012: $333,480Liabilities 2012: $428,621Net Assets 2012: -$95,1412012Assets 2013: $353,330Liabilities 2013: $504,153Net Assets 2013: -$150,8232013Assets 2014: $274,274Liabilities 2014: $343,261Net Assets 2014: -$68,9872014Assets 2015: $303,106Liabilities 2015: $311,454Net Assets 2015: -$8,3482015Assets 2017: $319,532Liabilities 2017: $223,757Net Assets 2017: $95,7752017Assets 2018: $583,193Liabilities 2018: $181,190Net Assets 2018: $402,0032018Assets 2019: $783,427Liabilities 2019: $371,544Net Assets 2019: $411,8832019Assets 2020: $735,965Liabilities 2020: $301,502Net Assets 2020: $434,4632020Assets 2021: $706,415Liabilities 2021: $230,261Net Assets 2021: $476,1542021Assets 2022: $676,266Liabilities 2022: $121,996Net Assets 2022: $554,2702022Assets 2023: $679,564Liabilities 2023: $62,879Net Assets 2023: $616,6852023Assets 2024: $960,775Liabilities 2024: $265,539Net Assets 2024: $695,2362024

Highlighted filing

2017

Assets$319,532
Liabilities$223,757
Net Assets$95,775

Operations Trend

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

$600K$400K$200K$0Expenses 2010: $192,9192010Expenses 2011: $239,3442011Expenses 2012: $243,5062012Revenue 2013: $254,234Expenses 2013: $226,432Net Income 2013: $27,8022013Revenue 2014: $185,223Expenses 2014: $180,919Net Income 2014: $4,3042014Revenue 2015: $239,637Expenses 2015: $178,997Net Income 2015: $60,6402015Revenue 2017: $290,045Expenses 2017: $192,161Net Income 2017: $97,8842017Revenue 2018: $510,252Expenses 2018: $204,135Net Income 2018: $306,1172018Revenue 2019: $336,026Expenses 2019: $192,520Net Income 2019: $143,5062019Revenue 2020: $313,984Expenses 2020: $290,553Net Income 2020: $23,4312020Revenue 2021: $313,491Expenses 2021: $271,750Net Income 2021: $41,7412021Revenue 2022: $333,859Expenses 2022: $255,342Net Income 2022: $78,5172022Revenue 2023: $368,905Expenses 2023: $301,336Net Income 2023: $67,5692023Revenue 2024: $419,694Expenses 2024: $335,617Net Income 2024: $84,0772024

Highlighted filing

2017

Revenue$290,045
Expenses$192,161
Net Income$97,884
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$290,045
Mission and Program Overview

Mission

Fire protection and safety

Provide fire protection and safety service to community

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$168,588$248,095▲ $79,507
Cash and Non-Interest-Bearing Accounts$128,337$207,806▲ $79,469
Land, Buildings, and Equipment, Net$93,596$70,115▼ $23,481
Savings and Temporary Cash Investments$40,252$40,291▲ $39
Rtn Earn Endowment Incm Other Fnds$-168,951$-152,320▲ $16,631
Total Assets$262,865$319,532▲ $56,667
Other Assets Total$680$1,320▲ $640
Liabilities
Other Liabilities$263,228$223,757▼ $39,471
Total Liabilities$263,228$223,757▼ $39,471
Net Assets / Fund Balance
Total Net Assets Fund Balance$-363$95,775▲ $96,138
Total Liabilities and Net Assets / Fund Balance$262,865$319,532▲ $56,667

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$74,260$974,525$1,048,785
Buildings$-32,946$112,250$79,304
Land$28,801-$28,801
Other Assets Org$1,320--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Landon WilliamsHightest Paid-$2,960$2,960
Samuel EudyHighest PaidPT$2,880$2,880
Nathan EudyHighest PaidPT$2,800$2,800
Bryan WooardHighest PaidPT$2,800$2,800
Ricky EudyHighest PaidPT$2,720$2,720
Duane ShinnDirectorPT$2,000$2,000

Board Members and Trustees

NameTitle
Reggie HuneycuttAsst Chairman
Curtis FurrChairman
Alvin RitchieDirector
Butch LambertDirector
Jody SmithDirector
Mike CasperDirector
Roger EudyDirector
Steve VaughnDirector
Charlie CarrikerAsst Chiefsecretary
Rick EudyChief
Mike ThompsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$289,927
Program Service Revenue
$0
Investment Income
$118
Other Revenue
$0
Change in Net Assets
$97,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$174,723
Salaries, Compensation, and Employee Benefits$17,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$69,802-$69,802
Other Salaries and Wages$16,160--$16,160
Insurance$14,315--$14,315
Other Expenses$8,885--$8,885
All Other Expenses$6,355--$6,355
Office Expenses$4,860--$4,860
Interest$4,592--$4,592
Fees for Services Accounting$4,575--$4,575
Occupancy$4,031--$4,031
Payroll Taxes$1,278--$1,278
Total Functional Expenses$122,359$69,802$0$192,161
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
Np Pumper Tk$174,707
Notes Payable Buildi$47,006
Np Rick$947
Np Charlie$914
Payroll Taxes$183
Governance and Compliance

Governance Checklist

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

Governance Explanations

Member election for additional members Part VI line 7A

Members of fire department elect governing body

Governing body decisions Part VI line 7B

Governing body decisions are approved by members

Form 990 governing body review Part VI line 11

Reviewed after presentation by treasurer

Conflict of interest policy compliance Part VI line 12C

Governing body regularly and consistenly reviews policies

CEO executive director top management comp Part VI line 15A

No compensation for ceo, executive director or top management

Other officer or key employee compensation Part VI line 15B

Compensation set and reviewed by governing board

Governing documents etc available to public Part VI line 19

Documents made available to public through public viewing at fire department location.

Filing and Contact Details

Filer

Filer Name
Ridgecrest Volunteer Fire Dept Inc
EIN
56-1274843
Address
24792 MILLINPORT RD, LOCUST, NC 28097
Doing Business As
Mike Thompson

Signing Officer

Name
Mike Thompson
Title
Treasurer
Phone
7044485445
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Thompson
Formed
1997
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
6

Preparer

Firm
Jim Starnes Accountant Inc
Address
106 W Stanly St P O Box 173, Stanfield, NC 28163
Preparer
Jim Starnes
Phone
7048883835
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-363
IRS990/NetAssetsOrFundBalancesEOYAmt095775
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt04031
IRS990/OccupancyGrp/TotalAmt04031
IRS990/OfficeExpensesGrp/ProgramServicesAmt04860
IRS990/OfficeExpensesGrp/TotalAmt04860
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0680
IRS990/OtherAssetsTotalGrp/EOYAmt01320
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0GASOIL AND VEHICLE EXPENSE
IRS990/OtherExpensesGrp/Desc1TURN OUT GEARRADIOS SUPPLIE
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TELEPHONEUTILITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt08399
IRS990/OtherExpensesGrp/ProgramServicesAmt143852
IRS990/OtherExpensesGrp/ProgramServicesAmt25057
IRS990/OtherExpensesGrp/ProgramServicesAmt38885
IRS990/OtherExpensesGrp/TotalAmt08399
IRS990/OtherExpensesGrp/TotalAmt143852
IRS990/OtherExpensesGrp/TotalAmt25057
IRS990/OtherExpensesGrp/TotalAmt38885
IRS990/OtherLiabilitiesGrp/BOYAmt0263228
IRS990/OtherLiabilitiesGrp/EOYAmt0223757
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016160
IRS990/OtherSalariesAndWagesGrp/TotalAmt016160
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01278
IRS990/PayrollTaxesGrp/TotalAmt01278
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0168588
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0248095
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MIKE THOMPSON
IRS990/PriorPeriodAdjustmentsAmt0-1746
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FIRE PROTECTION SERVICE
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0195409
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0114
IRS990/PYOtherExpensesAmt0169331
IRS990/PYRevenuesLessExpensesAmt09593
IRS990/PYSalariesCompEmpBnftPaidAmt016599
IRS990/PYTotalExpensesAmt0185930
IRS990/PYTotalRevenueAmt0195523
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt097884
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0289927
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-168951
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-152320
IRS990/SavingsAndTempCashInvstGrp/BOYAmt040252
IRS990/SavingsAndTempCashInvstGrp/EOYAmt040291
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0195049
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0239534
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0185161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0254206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01163877
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0118
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0425
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt01163877
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0289927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0195049
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0239534
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0185161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0254206
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01163877
IRS990ScheduleA/TotalSupportAmt01164302
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/NotDescribedSection501c3Ind0false
IRS990ScheduleC/OtherActivitiesInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0-32946
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0112250
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt079304
IRS990ScheduleD/EquipmentGrp/BookValueAmt074260
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0974525
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01048785
IRS990ScheduleD/LandGrp/BookValueAmt028801
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt028801
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01320
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION PLAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1174707
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2183
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4914
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE BUILDI
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NP PUMPER TK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NP RICK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4NP CHARLIE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt070115
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01320
IRS990ScheduleD/TotalLiabilityAmt0223757
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF FIRE DEPARTMENT ELECT GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING BODY DECISIONS ARE APPROVED BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED AFTER PRESENTATION BY TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING BODY REGULARLY AND CONSISTENLY REVIEWS POLICIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMPENSATION FOR CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION SET AND REVIEWED BY GOVERNING BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS MADE AVAILABLE TO PUBLIC THROUGH PUBLIC VIEWING AT FIRE DEPARTMENT LOCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body decisions Part VI line 7b
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.61$2.66$6.95$4.20$3.36$0.84
2023Detailed filing. Detailed filing data is available for this year.$6.80$0.63$6.17$3.69$3.01$0.68
2022Detailed filing. Detailed filing data is available for this year.$6.76$1.22$5.54$3.34$2.55$0.79
2021Detailed filing. Detailed filing data is available for this year.$7.06$2.30$4.76$3.13$2.72$0.42
2020Detailed filing. Detailed filing data is available for this year.$7.36$3.02$4.34$3.14$2.91$0.23
2019Detailed filing. Detailed filing data is available for this year.$7.83$3.72$4.12$3.36$1.93$1.44
2018Detailed filing. Detailed filing data is available for this year.$5.83$1.81$4.02$5.10$2.04$3.06
2017Detailed filing. Detailed filing data is available for this year.$3.20$2.24$0.96$2.90$1.92$0.98
2015Detailed filing. Detailed filing data is available for this year.$3.03$3.11$0.08$2.40$1.79$0.61
2014Detailed filing. Detailed filing data is available for this year.$2.74$3.43$0.69$1.85$1.81$0.04
2013Detailed filing. Detailed filing data is available for this year.$3.53$5.04$1.51$2.54$2.26$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$4.29$0.95$2.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.32$4.73$0.41$2.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$5.11$0.11$1.93