Civic Intelligence

Jefferson County Fire Training Academy Inc.

990 • Fiscal year 2014 • EIN 61-1132117

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

PO Box 91025Louisville, KY 40291

(502) 239-7075

Siviq Scores

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

Liabilities / Assets

58th percentile

0.18x

Higher debt load relative to assets than 58% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

2.70x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

83rd percentile

26%

Higher net margin than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

45th percentile

0.9%

Faster asset growth than 45% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

0.8%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,196,166

Up $19,194 (+0.9%) from 2013

Net Assets

Up

$1,803,090

Up $80,092 (+4.6%) from 2013

Liabilities

Down

$393,076

Down $60,897 (-13%) from 2013

Revenue

Up

$145,670

Up $1,115 (+0.8%) from 2013

Expenses

Up

$107,475

Up $41,996 (+64%) from 2013

Net Income

Down

$38,195

Down $40,881 (-52%) from 2013

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 2011: $2,009,776Liabilities 2011: $564,572Net Assets 2011: $1,445,2042011Assets 2012: $2,142,403Liabilities 2012: $501,647Net Assets 2012: $1,640,7552012Assets 2013: $2,176,972Liabilities 2013: $453,973Net Assets 2013: $1,722,9982013Assets 2014: $2,196,166Liabilities 2014: $393,076Net Assets 2014: $1,803,0902014Assets 2015: $2,212,403Liabilities 2015: $336,477Net Assets 2015: $1,875,9262015Assets 2016: $2,182,007Liabilities 2016: $279,878Net Assets 2016: $1,902,1292016Assets 2017: $2,101,186Liabilities 2017: $255,027Net Assets 2017: $1,846,1592017Assets 2018: $2,052,515Liabilities 2018: $214,622Net Assets 2018: $1,837,8932018Assets 2019: $1,935,178Liabilities 2019: $166,768Net Assets 2019: $1,768,4102019Assets 2020: $1,929,049Liabilities 2020: $134,505Net Assets 2020: $1,794,5442020Assets 2021: $1,747,874Liabilities 2021: $4,766Net Assets 2021: $1,743,1082021Assets 2022: $1,695,952Liabilities 2022: $7,127Net Assets 2022: $1,688,8252022Assets 2023: $1,609,063Liabilities 2023: $64,729Net Assets 2023: $1,544,3342023

Highlighted filing

2014

Assets$2,196,166
Liabilities$393,076
Net Assets$1,803,090

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $221,749Expenses 2011: $72,620Net Income 2011: $149,1292011Revenue 2012: $249,619Expenses 2012: $54,066Net Income 2012: $195,5532012Revenue 2013: $144,555Expenses 2013: $65,479Net Income 2013: $79,0762013Revenue 2014: $145,670Expenses 2014: $107,475Net Income 2014: $38,1952014Revenue 2015: $160,103Expenses 2015: $87,267Net Income 2015: $72,8362015Revenue 2016: $228,681Expenses 2016: $102,758Net Income 2016: $125,9232016Revenue 2017: $183,742Expenses 2017: $215,918Net Income 2017: -$32,1762017Revenue 2018: $160,886Expenses 2018: $169,152Net Income 2018: -$8,2662018Revenue 2019: $135,603Expenses 2019: $231,344Net Income 2019: -$95,7412019Revenue 2020: $209,238Expenses 2020: $180,103Net Income 2020: $29,1352020Revenue 2021: $116,150Expenses 2021: $186,724Net Income 2021: -$70,5742021Revenue 2022: $159,888Expenses 2022: $214,172Net Income 2022: -$54,2842022Revenue 2023: $147,364Expenses 2023: $291,855Net Income 2023: -$144,4912023

Highlighted filing

2014

Revenue$145,670
Expenses$107,475
Net Income$38,195
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$145,670
Mission and Program Overview

Mission

To train and educate emergency responders

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,025,977$1,971,774▼ $54,203
Rtn Earn Endowment Incm Other Fnds$1,722,998$1,803,090▲ $80,092
Accounts Receivable$70,000$115,000▲ $45,000
Savings and Temporary Cash Investments$76,295$109,392▲ $33,097
Cash and Non-Interest-Bearing Accounts$4,700$0▼ $4,700
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,176,972$2,196,166▲ $19,194
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$368,074$326,176▼ $41,898
Deferred Revenue$85,900$66,900▼ $19,000
Total Liabilities$453,974$393,076▼ $60,898
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,722,998$1,803,090▲ $80,092
Total Liabilities and Net Assets / Fund Balance$2,176,972$2,196,166▲ $19,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,356,776$205,671$1,562,447
Land$296,040-$296,040
Leasehold Improvements$263,461$7,359$270,820
Equipment$49,237$4,554$53,791
Other Land Buildings$6,260$1,043$7,303
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$125,000
Program Service Revenue
$1,625
Investment Income
$45
Other Revenue
$19,000
Change in Net Assets
$38,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,475
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$54,203--$54,203
Occupancy$22,749--$22,749
Insurance-$16,019-$16,019
Other Expenses$797$1,372-$797
Interest-$387-$387
Office Expenses-$377-$377
Fees for Services Accounting-$213-$213
All Other Expenses-$136-$136
Travel-$120-$120
Total Functional Expenses$88,851$18,624$0$107,475
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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, Part VI, Line 11B: Form 990 Review Process

Each member is given a copy of the form 990 prior to filing the form.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Copies of this document are available upon request

Filing and Contact Details

Filer

Filer Name
Jefferson County Fire Training Academy
EIN
61-1132117
Phone
5022397075
Address
PO BOX 91025, LOUISVILLE, KY 40291

Signing Officer

Name
Nathan Mulvey
Title
Treasurer
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles D Goldsmith
Formed
1991
Legal Domicile
Ky
Voting Board Members
20
Independent Board Members
0
Employees
0

Preparer

Firm
James H Jennings CPA
Address
3413 TUCKER WOOD LN, JEFFERSONTOWN, KY 40299
Preparer
James H Jennings CPA
Phone
5022671333
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Remove restrictions following partial payoff of loan balance = $40772

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IRS990/Desc0EACH YEAR THE KENTUCKY REGIONAL FIRE TRAINING ACADEMY TRAINS OVER 750 FIRE FIGHTERS FROM MEMBER DEPARTMENTS IN FIRE BEHAVIOR, FIRE SUPPRESSION, VENTILATION, ROPE RESCUE, AUTO EXTRICATION, AND HAZARDOUS MATERIALS. WE ALSO PROVIDE TRAINING FOR NON-MEMBER DEPARTMENTS THRU JOINT TRAINING PROGRAMS. THE KENTUCKY FIRE COMMISSION USES THE FACILITY FOR CPAT TESTING AND FIREFIGHTER COMBAT CHALLENGE TRAINING. THE FACILITY IS USED BY JEFFERSON COUNTY SEARCH DOG ASSOCIATION, JEFFERSON COUNTY TRENCH RESCUE TEAM, JEFFERSON CORONER'S OFFICE, AND THE KENTUCKY AIR NATIONAL GUARD.
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