Civic Intelligence

Sauratown Volunteer Fire Department Incorporated

990 • Fiscal year 2017 • EIN 56-1723834

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 13, 2017

4475 Highway 66 SouthKing, NC 27021

(336) 994-2113

Siviq Scores

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

Liabilities / Assets

85th percentile

0.53x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

1.13x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

38th percentile

-0.5%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-4.8%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$598,852

Down $2,852 (-0.5%) from 2016

Net Assets

Up

$282,681

Up $35,061 (+14%) from 2016

Liabilities

Down

$316,171

Down $37,913 (-11%) from 2016

Revenue

Down

$279,951

Down $14,149 (-4.8%) from 2016

Expenses

Up

$244,890

Up $42,013 (+21%) from 2016

Net Income

Down

$35,061

Down $56,162 (-62%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $156,907Liabilities 2015: $510Net Assets 2015: $156,3972015Assets 2016: $601,704Liabilities 2016: $354,084Net Assets 2016: $247,6202016Assets 2017: $598,852Liabilities 2017: $316,171Net Assets 2017: $282,6812017Assets 2018: $597,450Liabilities 2018: $280,316Net Assets 2018: $317,1342018Assets 2019: $613,406Liabilities 2019: $243,384Net Assets 2019: $370,0222019Assets 2020: $620,701Liabilities 2020: $209,162Net Assets 2020: $411,5392020Assets 2021: $602,869Liabilities 2021: $171,420Net Assets 2021: $431,4492021Assets 2022: $547,573Liabilities 2022: $132,481Net Assets 2022: $415,0922022Assets 2023: $608,289Liabilities 2023: $92,668Net Assets 2023: $515,6212023Assets 2024: $602,596Liabilities 2024: $1,728Net Assets 2024: $600,8682024Assets 2025: $1,081,655Liabilities 2025: $565,743Net Assets 2025: $515,9122025

Highlighted filing

2017

Assets$598,852
Liabilities$316,171
Net Assets$282,681

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $224,446Expenses 2015: $178,196Net Income 2015: $46,2502015Revenue 2016: $294,100Expenses 2016: $202,877Net Income 2016: $91,2232016Revenue 2017: $279,951Expenses 2017: $244,890Net Income 2017: $35,0612017Revenue 2018: $288,702Expenses 2018: $254,249Net Income 2018: $34,4532018Revenue 2019: $287,333Expenses 2019: $234,445Net Income 2019: $52,8882019Revenue 2020: $306,891Expenses 2020: $265,374Net Income 2020: $41,5172020Revenue 2021: $285,546Expenses 2021: $265,636Net Income 2021: $19,9102021Revenue 2022: $244,753Expenses 2022: $261,110Net Income 2022: -$16,3572022Revenue 2023: $383,934Expenses 2023: $261,819Net Income 2023: $122,1152023Revenue 2024: $393,845Expenses 2024: $308,598Net Income 2024: $85,2472024Revenue 2025: $236,733Expenses 2025: $321,734Net Income 2025: -$85,0012025

Highlighted filing

2017

Revenue$279,951
Expenses$244,890
Net Income$35,061
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 13, 2017
Return Version
2016v3.0
Gross Receipts
$279,951
Mission and Program Overview

Mission

To provide fire and rescue service without charge to residents of its service area

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$451,754$404,943▼ $46,811
Cash and Non-Interest-Bearing Accounts$83,069$122,154▲ $39,085
Savings and Temporary Cash Investments$66,881$71,755▲ $4,874
Total Assets$601,704$598,852▼ $2,852
Liabilities
Mortgage Notes Payable Secured by Investment Property$353,607$315,544▼ $38,063
Accounts Payable and Accrued Expenses$477$627▲ $150
Total Liabilities$354,084$316,171▼ $37,913
Net Assets / Fund Balance
Unrestricted Net Assets$247,620$282,681▲ $35,061
Total Net Assets Fund Balance$247,620$282,681▲ $35,061
Total Liabilities and Net Assets / Fund Balance$601,704$598,852▼ $2,852

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$382,992$88,125$471,117
Buildings$21,951$3,659$25,610
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$276,400
Program Service Revenue
$0
Investment Income
$68
Other Revenue
$3,483
Change in Net Assets
$35,061

Audited Revenue Reconciliation

Revenue per Audited Statements
$279,951
Total Revenue per Audited Statements
$279,951
Total Revenue per Form 990
$279,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,696
Salaries, Compensation, and Employee Benefits$30,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$50,626--$50,626
Interest$38,474--$38,474
Insurance$27,760--$27,760
Other Salaries and Wages$27,417--$27,417
Occupancy$13,943--$13,943
Fees for Services Accounting$12,432--$12,432
Other Expenses$11,774--$11,774
All Other Expenses$8,599--$8,599
Payroll Taxes$2,537--$2,537
Office Expenses$2,296--$2,296
Pension Plan Contributions$240--$240
Total Functional Expenses$244,890$0$0$244,890

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$244,890
Total Expenses per Audited Statements$236,142
Expenses per Audited Statements$194,264
Expenses Not Reported on Financial Statements$50,626
Other Expense Adjustments$50,626
Expenses Not Reported on Form 990$41,878
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
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
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, Page 6, Part VI, Line 11B

The treasurer of the board is given a copy of the return prior to its filing.

Form 990, Page 6, Part VI, Line 12C

Personnel are asked by the board if there is a conflict of interest on an annual basis.

Form 990, Page 6, Part VI, Line 19

The information is available upon request at the fire department during regular business hours.

Filing and Contact Details

Filer

Filer Name
Sauratown Volunteer Fire & Rescue
EIN
56-1723834
Phone
3369942113
Address
4475 HIGHWAY 66 SOUTH, KING, NC 27021

Signing Officer

Name
Jerry W Jenkins
Title
Treasurer
Phone
3369942113
Signed
2017-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randall Patterson
Formed
1963
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
9
Volunteers
35

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
William B Amburn
Phone
3367250635
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The department is an exempt organization under section 501(c)(3) of the united states internal revenue code. The department believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The department's forms 990, return of organization exempt from income tax, for the years ending 2015, 2016 and 2017 are subject to examination by the irs, generally for three years after they are filed.

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

Capital outlay 3,815 payments on truck loan 38,063

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

Depreciation expense 50,626

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IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0286697
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05063
IRS990/PYOtherExpensesAmt0171112
IRS990/PYOtherRevenueAmt02340
IRS990/PYRevenuesLessExpensesAmt091223
IRS990/PYSalariesCompEmpBnftPaidAmt031765
IRS990/PYTotalExpensesAmt0202877
IRS990/PYTotalRevenueAmt0294100
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt035061
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt066881
IRS990/SavingsAndTempCashInvstGrp/EOYAmt071755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0276400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0286697
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0221772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0221482
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0203842
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01210193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0267
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03483
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt01210193
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0276400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0286697
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0221772
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0221482
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0203842
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01210193
IRS990ScheduleA/TotalSupportAmt01210460
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt021951
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03659
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025610
IRS990ScheduleD/EquipmentGrp/BookValueAmt0382992
IRS990ScheduleD/EquipmentGrp/DepreciationAmt088125
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0471117
IRS990ScheduleD/ExpensesNotReportedAmt041878
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt050626
IRS990ScheduleD/ExpensesSubtotalAmt0194264
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt041878
IRS990ScheduleD/OtherExpensesNotIncludedAmt050626
IRS990ScheduleD/RevenueSubtotalAmt0279951
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE DEPARTMENT IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE. THE DEPARTMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE DEPARTMENT'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING 2015, 2016 AND 2017 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CAPITAL OUTLAY 3,815 PAYMENTS ON TRUCK LOAN 38,063
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION EXPENSE 50,626
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0404943
IRS990ScheduleD/TotalExpensesPerForm990Amt0244890
IRS990ScheduleD/TotalRevenuePerForm990Amt0279951
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0279951
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0236142
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER OF THE BOARD IS GIVEN A COPY OF THE RETURN PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERSONNEL ARE ASKED BY THE BOARD IF THERE IS A CONFLICT OF INTEREST ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE INFORMATION IS AVAILABLE UPON REQUEST AT THE FIRE DEPARTMENT DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0601704
IRS990/TotalAssetsEOYAmt0598852
IRS990/TotalAssetsGrp/BOYAmt0601704
IRS990/TotalAssetsGrp/EOYAmt0598852
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0276400
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0244890
IRS990/TotalFunctionalExpensesGrp/TotalAmt0244890
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0354084
IRS990/TotalLiabilitiesEOYAmt0316171
IRS990/TotalLiabilitiesGrp/BOYAmt0354084
IRS990/TotalLiabilitiesGrp/EOYAmt0316171
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0247620
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0282681
IRS990/TotalProgramServiceExpensesAmt0244890
IRS990/TotalRevenueGrp/ExclusionAmt068
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03483
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0279951
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0601704
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0598852
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0247620
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0282681
IRS990/UponRequestInd0X

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