Civic Intelligence

Polk County Rescue Squad Incorporated

990 • Fiscal year 2017 • EIN 56-1458496

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 22, 2018

PO Box 606Columbus, NC 28722

(828) 894-5443

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$131,863

Up $12,865 (+11%) from 2016

Net Assets

Up

$131,863

Up $12,865 (+11%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$107,715

Down $15,731 (-13%) from 2016

Expenses

Down

$94,850

Down $66,319 (-41%) from 2016

Net Income

Up

$12,865

Up $50,588 (+134%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $55,807Liabilities 2010: $0Net Assets 2010: $55,8072010Assets 2011: $93,811Liabilities 2011: $0Net Assets 2011: $93,8112011Assets 2012: $94,062Liabilities 2012: $0Net Assets 2012: $94,0622012Assets 2013: $108,813Liabilities 2013: $0Net Assets 2013: $108,8132013Assets 2014: $163,783Liabilities 2014: $0Net Assets 2014: $163,7832014Assets 2015: $156,721Liabilities 2015: $0Net Assets 2015: $156,7212015Assets 2016: $118,998Liabilities 2016: $0Net Assets 2016: $118,9982016Assets 2017: $131,863Liabilities 2017: $0Net Assets 2017: $131,8632017Assets 2018: $161,603Liabilities 2018: $0Net Assets 2018: $161,6032018Assets 2020: $227,779Liabilities 2020: $1,344Net Assets 2020: $226,4352020

Highlighted filing

2017

Assets$131,863
Liabilities$0
Net Assets$131,863

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $196,6882010Expenses 2011: $113,5852011Expenses 2012: $139,0742012Revenue 2013: $157,251Expenses 2013: $142,500Net Income 2013: $14,7512013Revenue 2014: $227,659Expenses 2014: $172,689Net Income 2014: $54,9702014Revenue 2015: $145,680Expenses 2015: $152,742Net Income 2015: -$7,0622015Revenue 2016: $123,446Expenses 2016: $161,169Net Income 2016: -$37,7232016Revenue 2017: $107,715Expenses 2017: $94,850Net Income 2017: $12,8652017Revenue 2018: $150,271Expenses 2018: $120,531Net Income 2018: $29,7402018Revenue 2020: $209,857Expenses 2020: $179,133Net Income 2020: $30,7242020

Highlighted filing

2017

Revenue$107,715
Expenses$94,850
Net Income$12,865
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 22, 2018
Return Version
2017v2.3
Gross Receipts
$107,715
Mission and Program Overview

Mission

To serve at any time upon proper request, any mission of mercy. To aid and assist in case of disaster or accident where human life is, has been, or is likely to be endangered, where such is within the capacity and mission of the squad, which is essentially a first aid and rescue squad.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$90,980$91,077▲ $97
Cash and Non-Interest-Bearing Accounts$28,018$40,786▲ $12,768
Total Assets$118,998$131,863▲ $12,865
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$118,998$131,863▲ $12,865
Total Net Assets Fund Balance$118,998$131,863▲ $12,865
Total Liabilities and Net Assets / Fund Balance$118,998$131,863▲ $12,865
Compensation and Service Providers

Board Members and Trustees

NameTitle
John GreenDirector
Larry WalkerDirector
Danny WalkerCaptain
Grover BunchMaintenance
James SmithSecretary
Jimmy LittlefieldSupply
Robbie PriceTraining
Bob EdwardsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$106,334
Program Service Revenue
$0
Investment Income
$123
Other Revenue
$1,258
All Other Contributions
$64,266
Change in Net Assets
$12,865

Audited Revenue Reconciliation

Revenue per Audited Statements
$107,715
Total Revenue per Audited Statements
$107,715
Total Revenue per Form 990
$107,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,250
Total Fundraising Expense$4,878
Salaries, Compensation, and Employee Benefits$600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$22,020--$22,020
Office Expenses$3,994-$4,878$8,872
All Other Expenses$7,225$724-$7,949
Fees for Services Accounting-$5,857-$5,857
Occupancy$5,122--$5,122
Interest$3,537--$3,537
Other Expenses$3,405--$3,405
Fees for Services Legal-$750-$750
Pension Plan Contributions$600--$600
Travel$229--$229
Total Functional Expenses$82,641$7,331$4,878$94,850

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$94,850
Total Expenses per Audited Statements$94,850
Total Expenses per Form 990$94,850
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has members who must be at least 18 years old and of which two-thirds must reside in polk county, north carolina. Applications are submitted to the board and upon approval the individual is on a six month conditional membership. After the six month probationary period, the individual is voted on by the full membership and must receive a majority vote of those present and voting to become a member. All members must successfully complete either the north carolina emergency medical technician or rescue technician program within a time frame as prescribed by the by-laws.

Form 990, Page 6, Part VI, Line 7A

The membership of the organization elects the officers annually in november and also elects two other members to serve on the board of directors with the officers.

Form 990, Page 6, Part VI, Line 7B

The membership of the organization annually elects officers and other members of the board of directors. They also must approve any amendments to the constitution or by-laws, any purchases of equipment costing more than 200, and any new member of the organization.

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

The board of directors reviews the form 990 at its first meeting after it is received. Since this meeting is after the return is filed, any questions and/or changes will be communicated by the captain to the preparers and any changes will be provided in an amended form 990.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial statements available to the general public when it receives what the board of directors perceive as a reasonable request.

Filing and Contact Details

Filer

Filer Name
Polk County Rescue Squad Inc
EIN
56-1458496
Phone
8288945443
Address
PO BOX 606, COLUMBUS, NC 28722

Signing Officer

Name
Robbie Price
Title
Training
Phone
8288945443
Signed
2018-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robbie Price
Formed
1960
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
23

Preparer

Firm
Norman Johnson & Co Pa
Address
191 N DANIEL MORGAN AVENUE, SPARTANBURG, SC 29306
Preparer
Gary J Johnson CPA
Phone
8645738623
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To serve at any time upon proper request, any mission of mercy. To aid and assist in case of disaster or accident where human life is, has been, or is likely to be endangered, where such is within the capacity and mission of the squad, which is essentially a first aid and rescue squad.

Financial Statement Notes

Schedule D, Page 3, Part X

The rescue squad believes that it is more likely than not that any significant tax positions would be sustained upon examination by the taxing authorities and it has not been subjected to such examinations. Tax years ending december 31, 2015, 2016, and 2017 remain subject to examination by the taxing authorities.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SERVE AT ANY TIME UPON PROPER REQUEST, ANY MISSION OF MERCY. TO AID AND ASSIST IN CASE OF DISASTER OR ACCIDENT WHERE HUMAN LIFE IS, HAS BEEN, OR IS LIKELY TO BE ENDANGERED, WHERE SUCH IS WITHIN THE CAPACITY AND MISSION OF THE SQUAD, WHICH IS ESSENTIALLY A FIRST AID AND RESCUE SQUAD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHO MUST BE AT LEAST 18 YEARS OLD AND OF WHICH TWO-THIRDS MUST RESIDE IN POLK COUNTY, NORTH CAROLINA. APPLICATIONS ARE SUBMITTED TO THE BOARD AND UPON APPROVAL THE INDIVIDUAL IS ON A SIX MONTH CONDITIONAL MEMBERSHIP. AFTER THE SIX MONTH PROBATIONARY PERIOD, THE INDIVIDUAL IS VOTED ON BY THE FULL MEMBERSHIP AND MUST RECEIVE A MAJORITY VOTE OF THOSE PRESENT AND VOTING TO BECOME A MEMBER. ALL MEMBERS MUST SUCCESSFULLY COMPLETE EITHER THE NORTH CAROLINA EMERGENCY MEDICAL TECHNICIAN OR RESCUE TECHNICIAN PROGRAM WITHIN A TIME FRAME AS PRESCRIBED BY THE BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERSHIP OF THE ORGANIZATION ELECTS THE OFFICERS ANNUALLY IN NOVEMBER AND ALSO ELECTS TWO OTHER MEMBERS TO SERVE ON THE BOARD OF DIRECTORS WITH THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERSHIP OF THE ORGANIZATION ANNUALLY ELECTS OFFICERS AND OTHER MEMBERS OF THE BOARD OF DIRECTORS. THEY ALSO MUST APPROVE ANY AMENDMENTS TO THE CONSTITUTION OR BY-LAWS, ANY PURCHASES OF EQUIPMENT COSTING MORE THAN 200, AND ANY NEW MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS THE FORM 990 AT ITS FIRST MEETING AFTER IT IS RECEIVED. SINCE THIS MEETING IS AFTER THE RETURN IS FILED, ANY QUESTIONS AND/OR CHANGES WILL BE COMMUNICATED BY THE CAPTAIN TO THE PREPARERS AND ANY CHANGES WILL BE PROVIDED IN AN AMENDED FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC WHEN IT RECEIVES WHAT THE BOARD OF DIRECTORS PERCEIVE AS A REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0118998
IRS990/TotalAssetsEOYAmt0131863
IRS990/TotalAssetsGrp/BOYAmt0118998
IRS990/TotalAssetsGrp/EOYAmt0131863
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0106334
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04878
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07331
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt082641
IRS990/TotalFunctionalExpensesGrp/TotalAmt094850
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0118998
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0131863
IRS990/TotalProgramServiceExpensesAmt082641
IRS990/TotalRevenueGrp/ExclusionAmt01381
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0107715
IRS990/TotalVolunteersCnt023
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0118998
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0131863
IRS990/TravelGrp/ProgramServicesAmt0229
IRS990/TravelGrp/TotalAmt0229
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0118998
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0131863
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0133 WALKER STREET
IRS990/USAddress/CityNm0COLUMBUS
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028722
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBBIE PRICE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRAINING
ReturnHeader/BusinessOfficerGrp/PhoneNum08288945443
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POLK COUNTY RESCUE SQUAD INC
ReturnHeader/Filer/BusinessNameControlTxt0POLK
ReturnHeader/Filer/EIN0561458496
ReturnHeader/Filer/PhoneNum08288945443
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 606
ReturnHeader/Filer/USAddress/CityNm0COLUMBUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028722
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId038F475C18AFF675A673E8954E3B54A13F582F8B1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CBAE4F7F91812EDDE127A62756B92BCC0CCDE18E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.49.149.134
ReturnHeader/FilingSecurityInformation/IPDt02018-10-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:53:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570969493
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NORMAN JOHNSON & CO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0191 N DANIEL MORGAN AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPARTANBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029306
ReturnHeader/PreparerPersonGrp/PhoneNum08645738623
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY J JOHNSON CPA
ReturnHeader/ReturnTs02018-10-24T14:53:15-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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