Civic Intelligence

Parkway Fire and Rescue Inc

990 • Fiscal year 2021 • EIN 56-2266367

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 20, 2021

PO Box 188Spruce Pine, NC 28777

(828) 765-2177

Siviq Scores

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

Liabilities / Assets

60th percentile

0.20x

Higher debt load relative to assets than 60% of similar nonprofits.

2021 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.68x

Higher debt load relative to revenue than 53% of similar nonprofits.

2021 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2021

Net Margin

23rd percentile

-1.0%

Higher net margin than 23% of similar nonprofits.

2021 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2021 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2021

Asset Growth

71st percentile

6.2%

Faster asset growth than 71% of similar nonprofits.

2021 filings • NTEE M24 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

16%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • NTEE M24 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,817,850

Up $106,746 (+6.2%) from 2020

Net Assets

Down

$1,462,742

Down $5,031 (-0.3%) from 2020

Liabilities

Up

$355,108

Up $111,777 (+46%) from 2020

Revenue

Up

$519,952

Up $70,069 (+16%) from 2020

Expenses

Up

$524,984

Up $226,498 (+76%) from 2020

Net Income

Down

-$5,032

Down $156,429 (-103%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,888,286Liabilities 2011: $663,545Net Assets 2011: $1,224,7412011Assets 2012: $1,798,405Liabilities 2012: $588,151Net Assets 2012: $1,210,2542012Assets 2013: $1,699,158Liabilities 2013: $509,369Net Assets 2013: $1,189,7892013Assets 2014: $1,844,283Liabilities 2014: $688,873Net Assets 2014: $1,155,4102014Assets 2015: $1,719,805Liabilities 2015: $594,270Net Assets 2015: $1,125,5352015Assets 2016: $1,907,081Liabilities 2016: $795,830Net Assets 2016: $1,111,2512016Assets 2017: $1,787,360Liabilities 2017: $668,057Net Assets 2017: $1,119,3032017Assets 2018: $1,718,964Liabilities 2018: $461,679Net Assets 2018: $1,257,2852018Assets 2019: $1,663,413Liabilities 2019: $347,037Net Assets 2019: $1,316,3762019Assets 2020: $1,711,104Liabilities 2020: $243,331Net Assets 2020: $1,467,7732020Assets 2021: $1,817,850Liabilities 2021: $355,108Net Assets 2021: $1,462,7422021Assets 2022: $2,579,314Liabilities 2022: $1,124,470Net Assets 2022: $1,454,8442022Assets 2023: $3,274,930Liabilities 2023: $1,033,655Net Assets 2023: $2,241,2752023Assets 2024: $3,580,792Liabilities 2024: $936,445Net Assets 2024: $2,644,3472024Assets 2025: $3,307,649Liabilities 2025: $832,279Net Assets 2025: $2,475,3702025

Highlighted filing

2021

Assets$1,817,850
Liabilities$355,108
Net Assets$1,462,742

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $721,790Expenses 2011: $349,202Net Income 2011: $372,5882011Revenue 2012: $371,449Expenses 2012: $385,936Net Income 2012: -$14,4872012Revenue 2013: $343,298Expenses 2013: $363,763Net Income 2013: -$20,4652013Revenue 2014: $383,871Expenses 2014: $418,250Net Income 2014: -$34,3792014Revenue 2015: $413,130Expenses 2015: $443,005Net Income 2015: -$29,8752015Revenue 2016: $405,246Expenses 2016: $419,530Net Income 2016: -$14,2842016Revenue 2017: $421,512Expenses 2017: $407,960Net Income 2017: $13,5522017Revenue 2018: $427,316Expenses 2018: $368,138Net Income 2018: $59,1782018Revenue 2019: $392,606Expenses 2019: $333,515Net Income 2019: $59,0912019Revenue 2020: $449,883Expenses 2020: $298,486Net Income 2020: $151,3972020Revenue 2021: $519,952Expenses 2021: $524,984Net Income 2021: -$5,0322021Revenue 2022: $469,006Expenses 2022: $476,903Net Income 2022: -$7,8972022Revenue 2023: $1,442,898Expenses 2023: $656,467Net Income 2023: $786,4312023Revenue 2024: $1,009,662Expenses 2024: $606,591Net Income 2024: $403,0712024Revenue 2025: $715,626Expenses 2025: $884,603Net Income 2025: -$168,9772025

Highlighted filing

2021

Revenue$519,952
Expenses$524,984
Net Income-$5,032
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 20, 2021
Return Version
2020v4.1
Gross Receipts
$528,828
Mission and Program Overview

Mission

FIRE & RESCUE

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,333,034$1,446,850▲ $113,816
Savings and Temporary Cash Investments$227,349$205,237▼ $22,112
Cash and Non-Interest-Bearing Accounts$144,211$158,553▲ $14,342
Accounts Receivable$6,510$7,210▲ $700
Total Assets$1,711,104$1,817,850▲ $106,746
Liabilities
Mortgage Notes Payable Secured by Investment Property$243,331$355,108▲ $111,777
Total Liabilities$243,331$355,108▲ $111,777
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,467,773$1,462,742▼ $5,031
Total Net Assets Fund Balance$1,467,773$1,462,742▼ $5,031
Total Liabilities and Net Assets / Fund Balance$1,711,104$1,817,850▲ $106,746

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$74,810$1,610,045$1,684,855
Buildings$701,328$783,381$1,484,709
Equipment$235,258$1,005,844$1,241,102
Land$435,454-$435,454
Compensation and Service Providers

Board Members and Trustees

NameTitle
Roger FryeBoard President
David HughesVice Chair
Bryon BurlesonAdministrative Chief
Dalton HughesEms
Josh McgeeEms
Jimmy EnglishEms Chief
Morgan ErnstFire
Seth BuchananFire
Kevin HughesFire Chief
Austin MckinneyRescue
Travis CoxRescue
Chad HughesRescue Chief
Donna CollisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$472,340
Program Service Revenue
$0
Investment Income
$6,421
Other Revenue
$41,191
All Other Contributions
$92,001
Change in Net Assets
$-5,032
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$523,124
Salaries, Compensation, and Employee Benefits$1,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$93,385$62,256-$155,641
Depreciation Depletion$76,184--$76,184
Insurance$44,688--$44,688
Fees for Services Other$23,850--$23,850
Other Expenses$20,427--$20,427
Office Expenses$16,441$3,111-$19,552
Fees for Services Accounting-$12,530-$12,530
Interest$9,290--$9,290
Pension Plan Contributions$1,860--$1,860
Conferences and Meetings$1,049--$1,049
Advertising$325--$325
Total Functional Expenses$447,087$77,897$0$524,984
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,059
Fundraising Direct Expenses$8,876
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gem Show$32,059$32,059$8,876$23,183
Total Events$32,059$32,059$8,876$23,183
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
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
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

Committee meeting documentation Part VI line 8B

Proper detailed documentation is made at every meeting of the governing board and is available for review upon request.

Form 990 governing body review Part VI line 11

A final copy of the return was provided to the board members for review at a board meeting before the return was filed.

Conflict of interest policy compliance Part VI line 12C

The organization has measures in place to ensure compliance with the conflict of interest policy, including full board approval of any transactions that might occur between related parties. No situations have occurred during the current year that have required reference to the conflict of interest policies.

Governing documents etc available to public Part VI line 19

All governing documents are made available upon request from any individual or granting agency.

Filing and Contact Details

Filer

Filer Name
Parkway Fire and Rescue Inc
EIN
56-2266367
Address
PO BOX 188, SPRUCE PINE, NC 28777
Doing Business As
Parkway Fire and Rescue

Signing Officer

Name
Roger Frye
Title
Chairman
Phone
8287652177
Signed
2021-10-20
Discuss with paid preparer
No

Organization Details

Principal Officer
Roger Frye
Formed
2001
Legal Domicile
Nc
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
S Gillespie Pa
Address
PO BOX 725 29 BEAMS DRIVE, SPRUCE PINE, NC 28777
Preparer
Sharon Gillespie CPA
Phone
8285201373
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING $1

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IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROPER DETAILED DOCUMENTATION IS MADE AT EVERY MEETING OF THE GOVERNING BOARD AND IS AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A FINAL COPY OF THE RETURN WAS PROVIDED TO THE BOARD MEMBERS FOR REVIEW AT A BOARD MEETING BEFORE THE RETURN WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS MEASURES IN PLACE TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, INCLUDING FULL BOARD APPROVAL OF ANY TRANSACTIONS THAT MIGHT OCCUR BETWEEN RELATED PARTIES. NO SITUATIONS HAVE OCCURRED DURING THE CURRENT YEAR THAT HAVE REQUIRED REFERENCE TO THE CONFLICT OF INTEREST POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FROM ANY INDIVIDUAL OR GRANTING AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING $1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
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IRS990/TotalAssetsGrp/BOYAmt01711104
IRS990/TotalAssetsGrp/EOYAmt01817850

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.83$2.48$0.72$0.88$0.17
2024Summary only. Only limited summary data is available for this year.$3.58$0.94$2.64$1.01$0.61$0.40
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$1.03$2.24$1.44$0.66$0.79
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$1.12$1.45$0.47$0.48$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.82$0.36$1.46$0.52$0.52$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.24$1.47$0.45$0.30$0.15
2019Summary only. Only limited summary data is available for this year.$1.66$0.35$1.32$0.39$0.33$0.06
2018Summary only. Only limited summary data is available for this year.$1.72$0.46$1.26$0.43$0.37$0.06
2017Summary only. Only limited summary data is available for this year.$1.79$0.67$1.12$0.42$0.41$0.01
2016Summary only. Only limited summary data is available for this year.$1.91$0.80$1.11$0.41$0.42$0.01
2015Summary only. Only limited summary data is available for this year.$1.72$0.59$1.13$0.41$0.44$0.03
2014Summary only. Only limited summary data is available for this year.$1.84$0.69$1.16$0.38$0.42$0.03
2013Summary only. Only limited summary data is available for this year.$1.70$0.51$1.19$0.34$0.36$0.02
2012Summary only. Only limited summary data is available for this year.$1.80$0.59$1.21$0.37$0.39$0.01
2011Summary only. Only limited summary data is available for this year.$1.89$0.66$1.22$0.72$0.35$0.37