Civic Intelligence

Firemans Fraternal Insurance Fund of the N C St Firemans Assn

990 • Fiscal year 2016 • EIN 58-1410374

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 01, 2016

323 West Jones Street Suite 401Raleigh, NC 27603

(800) 253-4733

Siviq Scores

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

Liabilities / Assets

51st percentile

0.02x

Higher debt load relative to assets than 51% of similar nonprofits.

2016 filings • 501(c)8 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.49x

Higher debt load relative to revenue than 78% of similar nonprofits.

2016 filings • 501(c)8 • $1M-$5M nonprofits • Source year 2016

Net Margin

87th percentile

26%

Higher net margin than 87% of similar nonprofits.

2016 filings • 501(c)8 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$0

Higher top officer pay than 41% of similar nonprofits.

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

2016 filings • 501(c)8 • $1M-$5M nonprofits • Source year 2016

Asset Growth

55th percentile

0.8%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)8 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

9th percentile

-36%

Faster revenue growth than 9% of similar nonprofits.

2016 filings • 501(c)8 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,316,422

Up $17,576 (+0.8%) from 2015

Net Assets

Up

$2,265,524

Up $19,242 (+0.9%) from 2015

Liabilities

Down

$50,898

Down $1,666 (-3.2%) from 2015

Revenue

Down

$104,877

Down $58,893 (-36%) from 2015

Expenses

Down

$77,810

Down $2,292 (-2.9%) from 2015

Net Income

Down

$27,067

Down $56,601 (-68%) from 2015

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 2012: $1,969,682Liabilities 2012: $871,439Net Assets 2012: $1,098,2432012Assets 2013: $2,098,651Liabilities 2013: $52,224Net Assets 2013: $2,046,4272013Assets 2014: $2,240,501Liabilities 2014: $51,508Net Assets 2014: $2,188,9932014Assets 2015: $2,298,846Liabilities 2015: $52,564Net Assets 2015: $2,246,2822015Assets 2016: $2,316,422Liabilities 2016: $50,898Net Assets 2016: $2,265,5242016Assets 2017: $2,443,300Liabilities 2017: $22,888Net Assets 2017: $2,420,4122017Assets 2018: $2,587,496Liabilities 2018: $2,262Net Assets 2018: $2,585,2342018Assets 2019: $2,697,767Liabilities 2019: $1,406,345Net Assets 2019: $1,291,4222019Assets 2020: $2,707,942Liabilities 2020: $1,183,366Net Assets 2020: $1,524,5762020Assets 2021: $3,160,783Liabilities 2021: $1,110,300Net Assets 2021: $2,050,4832021Assets 2022: $2,773,816Liabilities 2022: $1,101,325Net Assets 2022: $1,672,4912022Assets 2023: $3,003,949Liabilities 2023: $1,015,259Net Assets 2023: $1,988,6902023Assets 2024: $3,393,333Liabilities 2024: $1,019,305Net Assets 2024: $2,374,0282024Assets 2025: $3,723,819Liabilities 2025: $916,542Net Assets 2025: $2,807,2772025

Highlighted filing

2016

Assets$2,316,422
Liabilities$50,898
Net Assets$2,265,524

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $151,238Expenses 2012: $70,466Net Income 2012: $80,7722012Revenue 2013: $286,516Expenses 2013: $81,738Net Income 2013: $204,7782013Revenue 2014: $171,299Expenses 2014: $82,380Net Income 2014: $88,9192014Revenue 2015: $163,770Expenses 2015: $80,102Net Income 2015: $83,6682015Revenue 2016: $104,877Expenses 2016: $77,810Net Income 2016: $27,0672016Revenue 2017: $114,694Expenses 2017: $39,959Net Income 2017: $74,7352017Revenue 2018: $113,437Expenses 2018: $13,638Net Income 2018: $99,7992018Revenue 2019: $110,341Expenses 2019: $1,428,704Net Income 2019: -$1,318,3632019Revenue 2020: $322,508Expenses 2020: $75,246Net Income 2020: $247,2622020Revenue 2021: $243,447Expenses 2021: $84,055Net Income 2021: $159,3922021Revenue 2022: $211,547Expenses 2022: $125,145Net Income 2022: $86,4022022Revenue 2023: $184,334Expenses 2023: $83,871Net Income 2023: $100,4632023Revenue 2024: $198,771Expenses 2024: $78,100Net Income 2024: $120,6712024Revenue 2025: $425,985Expenses 2025: $56,256Net Income 2025: $369,7292025

Highlighted filing

2016

Revenue$104,877
Expenses$77,810
Net Income$27,067
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 1, 2016
Return Version
2015v2.1
Gross Receipts
$721,957
Mission and Program Overview

Mission

Provide life insurance coverage to eligible members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,423,408$1,716,962▲ $293,554
Cash and Non-Interest-Bearing Accounts$100,080$76,073▼ $24,007
Accounts Receivable$9,840$2,760▼ $7,080
Total Assets$2,298,846$2,316,422▲ $17,576
Other Assets Total$765,518$520,627▼ $244,891
Liabilities
Accounts Payable and Accrued Expenses$49,377$47,521▼ $1,856
Other Liabilities$3,187$3,377▲ $190
Total Liabilities$52,564$50,898▼ $1,666
Net Assets / Fund Balance
Unrestricted Net Assets$2,246,282$2,265,524▲ $19,242
Total Net Assets Fund Balance$2,246,282$2,265,524▲ $19,242
Total Liabilities and Net Assets / Fund Balance$2,298,846$2,316,422▲ $17,576

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$520,627--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin GordonPresident
Ac RichDirector
Anthony PenlandDirector
Scott RogersDirector
Brian Cox1st Vice-pre
Barry Overman2nd Vice-pre
Edward P BrinsonDeputy Direc
Tim BradleyExec Direct
John GrimesPast Preside
Derrick CloustonStatistician
Dean Coward CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$75,690
Investment Income
$29,187
Other Revenue
$0
Change in Net Assets
$27,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$77,810
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$60,897--$60,897
Occupancy$7,997--$7,997
Other Expenses$5,881--$5,881
Fees for Services Accounting$3,035--$3,035
Total Functional Expenses$77,810$0$0$77,810
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
DUE TO NC STATE FIREFIGHTER'S ASSOC$3,177
Deposits Holding$200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
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

Board reviews and approves prior to filing.

Form 990, Page 6, Part VI, Line 19

Available to members upon request.

Filing and Contact Details

Filer

Filer Name
THE FIREMEN'S FRATERNAL INSURANCE
EIN
58-1410374
Phone
8002534733
Address
323 WEST JONES STREET SUITE 401, RALEIGH, NC 27603

Signing Officer

Name
Tim Bradley
Title
Exec Direct
Phone
8002534733
Signed
2016-11-01

Organization Details

Principal Officer
Tim Bradley
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Barrow Parris & Davenport Pa
Address
PO BOX 6069, KINSTON, NC 28501-0069
Preparer
Jay a Parris CPA
Phone
2525225200
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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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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FIREMEN'S FRATERNAL INSURANCE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KINSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0285010069
ReturnHeader/PreparerPersonGrp/PhoneNum02525225200
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAY A PARRIS CPA
ReturnHeader/ReturnTs02016-11-09T08:01:53-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.72$0.92$2.81$0.43$0.06$0.37
2024Detailed filing. Detailed filing data is available for this year.$3.39$1.02$2.37$0.20$0.08$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.00$1.02$1.99$0.18$0.08$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.77$1.10$1.67$0.21$0.13$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.16$1.11$2.05$0.24$0.08$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.71$1.18$1.52$0.32$0.08$0.25
2019Detailed filing. Detailed filing data is available for this year.$2.70$1.41$1.29$0.11$1.43$1.32
2018Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$0.11$0.01$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.44$0.02$2.42$0.11$0.04$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.32$0.05$2.27$0.10$0.08$0.03
2015Summary only. Only limited summary data is available for this year.$2.30$0.05$2.25$0.16$0.08$0.08
2014Summary only. Only limited summary data is available for this year.$2.24$0.05$2.19$0.17$0.08$0.09
2013Summary only. Only limited summary data is available for this year.$2.10$0.05$2.05$0.29$0.08$0.20
2012Summary only. Only limited summary data is available for this year.$1.97$0.87$1.10$0.15$0.07$0.08
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)8 • $1M-$5M nonprofits