Civic Intelligence

No 7 Township Fire and Rescue Dept of Craven County N C

990 • Fiscal year 2017 • EIN 58-1557596

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 09, 2017

PO Box 3062New Bern, NC 28564

(252) 637-2779

Siviq Scores

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

Liabilities / Assets

66th percentile

0.28x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

1.08x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2017

Net Margin

32nd percentile

3.7%

Higher net margin than 32% of similar nonprofits.

2017 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2017 filings • NTEE M24 • $1M-$5M nonprofits • Source year 2017

Asset Growth

4th percentile

-7.9%

Faster asset growth than 4% of similar nonprofits.

2017 filings • NTEE M24 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-29%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • NTEE M24 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,589,799

Down $136,736 (-7.9%) from 2016

Net Assets

Down

$1,139,400

Down $67,584 (-5.6%) from 2016

Liabilities

Down

$450,399

Down $69,152 (-13%) from 2016

Revenue

Down

$415,853

Down $168,174 (-29%) from 2016

Expenses

Down

$400,338

Down $69,374 (-15%) from 2016

Net Income

Down

$15,515

Down $98,800 (-86%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,781,892Liabilities 2012: $487,748Net Assets 2012: $1,294,1442012Assets 2013: $1,620,538Liabilities 2013: $452,587Net Assets 2013: $1,167,9512013Assets 2014: $1,526,662Liabilities 2014: $419,002Net Assets 2014: $1,107,6602014Assets 2015: $1,691,400Liabilities 2015: $598,731Net Assets 2015: $1,092,6692015Assets 2016: $1,726,535Liabilities 2016: $519,551Net Assets 2016: $1,206,9842016Assets 2017: $1,589,799Liabilities 2017: $450,399Net Assets 2017: $1,139,4002017Assets 2018: $1,794,731Liabilities 2018: $558,289Net Assets 2018: $1,236,4422018Assets 2019: $1,786,647Liabilities 2019: $359,841Net Assets 2019: $1,426,8062019Assets 2020: $1,689,765Liabilities 2020: $257,104Net Assets 2020: $1,432,6612020Assets 2021: $1,683,188Liabilities 2021: $0Net Assets 2021: $1,683,1882021Assets 2022: $2,079,940Liabilities 2022: $310,621Net Assets 2022: $1,769,3192022Assets 2023: $1,956,809Liabilities 2023: $0Net Assets 2023: $1,956,8092023

Highlighted filing

2017

Assets$1,589,799
Liabilities$450,399
Net Assets$1,139,400

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $343,064Expenses 2012: $379,243Net Income 2012: -$36,1792012Revenue 2013: $373,758Expenses 2013: $487,594Net Income 2013: -$113,8362013Revenue 2014: $397,885Expenses 2014: $458,176Net Income 2014: -$60,2912014Revenue 2015: $408,718Expenses 2015: $423,709Net Income 2015: -$14,9912015Revenue 2016: $584,027Expenses 2016: $469,712Net Income 2016: $114,3152016Revenue 2017: $415,853Expenses 2017: $400,338Net Income 2017: $15,5152017Revenue 2018: $601,815Expenses 2018: $504,773Net Income 2018: $97,0422018Revenue 2019: $692,497Expenses 2019: $587,705Net Income 2019: $104,7922019Revenue 2020: $564,695Expenses 2020: $501,543Net Income 2020: $63,1522020Revenue 2021: $618,011Expenses 2021: $449,518Net Income 2021: $168,4932021Revenue 2022: $595,278Expenses 2022: $416,210Net Income 2022: $179,0682022Revenue 2023: $646,206Expenses 2023: $433,856Net Income 2023: $212,3502023

Highlighted filing

2017

Revenue$415,853
Expenses$400,338
Net Income$15,515
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$415,853
Mission and Program Overview

Mission

Volunteer Fire and Rescue Service

Volunteer Fire and Rescue Service Providing fire and rescue services to the citizens of Number 7 Township.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,465,818$1,360,718▼ $105,100
Rtn Earn Endowment Incm Other Fnds$1,206,984$1,139,400▼ $67,584
Cash and Non-Interest-Bearing Accounts$260,717$229,081▼ $31,636
Total Assets$1,726,535$1,589,799▼ $136,736
Liabilities
Mortgage Notes Payable Secured by Investment Property$519,551$450,399▼ $69,152
Total Liabilities$519,551$450,399▼ $69,152
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,206,984$1,139,400▼ $67,584
Total Liabilities and Net Assets / Fund Balance$1,726,535$1,589,799▼ $136,736

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$907,891$2,389,907$3,297,798
Buildings$256,827$703,991$960,818
Land$196,000-$196,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert BlalockPresident
Mike RiceVice-President
Danny HillDirector
Gina ArmstrongDirector
Lynn BlalockDirector
Matt FoleyDirector
Rick JohnsonDirector
Chad Smith1st Asst Chief
Travis Blalock2 asst Chief
Nick ArmstrongFire Chief
Buddy WiliamsSecretary
Ed WeiglTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$411,384
Program Service Revenue
$0
Investment Income
$1,702
Other Revenue
$2,767
All Other Contributions
$29,474
Change in Net Assets
$15,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$387,713
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
Depreciation Depletion$152,343$0$0$152,343
All Other Expenses$95,704$0$0$95,704
Occupancy$44,221$0$0$44,221
Other Expenses$24,071$0$0$24,071
Benefits to Members$12,625--$12,625
Interest$12,138$0$0$12,138
Office Expenses$6,251$0$0$6,251
Fees for Services Accounting$250$0$0$250
Total Functional Expenses$400,338$0$0$400,338
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
No7 Township Fire & Rescue Dept Of Craven CountyNC
EIN
58-1557596
Phone
2526372779
Address
PO Box 3062, New Bern, NC 28564

Signing Officer

Name
Ed Weigl
Title
Treasurer
Phone
2526372779
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Weigl
Formed
1972
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
70

Preparer

Firm
Samuel K Anders CPA Msa Pc
Address
P O BOX 447, OAK RIDGE, NC 27310
Preparer
Samuel K Anders CPA Msa
Phone
3366437577
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

President Robert Blalock is the brother to Board Member

Pt VI, Line 2

Lynn Blalock. Chief T BLalock is Lynn Blalock's son.

Pt III, Line 2

Dir. Gina Armstrong is wife of Chief Nicholas Armstrong.

Pt VI, Line 11B

Review is by Treasurer. 990 Presented to board at next meeting.

Form 990, Part IX, Line 24E

Comm Eq Maint 5885. 5885. 0. 0.

Form 990, Part IX, Line 24E

Comm Equipment Maintenance 2441. 2441. 0. 0.

Form 990, Part IX, Line 24E

Fire Fight Equipment Maintenance 14935. 14935. 0. 0.

Form 990, Part IX, Line 24E

Fire Supplies 16531. 16531. 0. 0.

Form 990, Part IX, Line 24E

Health and Safety 12490. 12490. 0. 0.

Form 990, Part IX, Line 24E

Ladies Auxiliary Expenses 5059. 5059. 0. 0.

Form 990, Part IX, Line 24E

Morale and Welfare 13487. 13487. 0. 0.

Form 990, Part IX, Line 24E

Personnel Training 13873. 13873. 0. 0.

Form 990, Part IX, Line 24E

Rescue 1624. 1624. 0. 0.

Form 990, Part IX, Line 24E

Uniforms 62. 62. 0. 0.

Form 990, Part IX, Line 24E

FRF Disbursements 9269. 9269. 0. 0.

Form 990, Part IX, Line 24E

House #1 0. 0. 0. 0.

Form 990, Part IX, Line 24E

Bank Charges 48. 48. 0. 0.

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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0415853
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01206984
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01139400
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Sales Tax Refunds 2012: 8187. 2013: 1649. 2014: 14160. 2015: 847. 2016: 2767.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt029474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0207131
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt062401
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt034899
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0363717
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01702
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0336
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0296
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0551
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0417
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03302
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02767
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0847
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014160
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01649
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08187
IRS990ScheduleA/OtherIncome170Grp/TotalAmt027610
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98580
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.98450
IRS990ScheduleA/PublicSupportTotal170Amt02149327
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0381910
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0375711
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0364450
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0333284
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0330255
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01785610
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0411384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0582842
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0394262
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0395685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0365154
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02149327
IRS990ScheduleA/TotalSupportAmt02180239
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0256827
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0703991
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0960818
IRS990ScheduleD/LandGrp/BookValueAmt0196000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0196000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0907891
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02389907
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03297798
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01360718
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0President Robert Blalock is the brother to Board Member
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Lynn Blalock. Chief T BLalock is Lynn Blalock's son.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Dir. Gina Armstrong is wife of Chief Nicholas Armstrong.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Review is by Treasurer. 990 Presented to board at next meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Comm Eq Maint 5885. 5885. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Comm Equipment Maintenance 2441. 2441. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Fire Fight Equipment Maintenance 14935. 14935. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Fire Supplies 16531. 16531. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Health and Safety 12490. 12490. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Ladies Auxiliary Expenses 5059. 5059. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Morale and Welfare 13487. 13487. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Personnel Training 13873. 13873. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Rescue 1624. 1624. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Uniforms 62. 62. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14FRF Disbursements 9269. 9269. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15House #1 0. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Bank Charges 48. 48. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt III, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01726535
IRS990/TotalAssetsEOYAmt01589799
IRS990/TotalAssetsGrp/BOYAmt01726535
IRS990/TotalAssetsGrp/EOYAmt01589799
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0411384
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0400338
IRS990/TotalFunctionalExpensesGrp/TotalAmt0400338
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0519551
IRS990/TotalLiabilitiesEOYAmt0450399
IRS990/TotalLiabilitiesGrp/BOYAmt0519551
IRS990/TotalLiabilitiesGrp/EOYAmt0450399
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01206984
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01139400
IRS990/TotalProgramServiceExpensesAmt0400338
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04469
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0415853
IRS990/TotalVolunteersCnt070
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01726535
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01589799
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

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