Civic Intelligence

Weddington Area Volunteer Fire Protection Association Inc

990 • Fiscal year 2018 • EIN 71-0514241

Feb 01, 2017 to Jan 31, 2018 • Filed on Aug 16, 2018

13496 W Highway 16Fayetteville, AR 72704

(479) 445-9135

Siviq Scores

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

Liabilities / Assets

88th percentile

0.65x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

3.34x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

31st percentile

-3.2%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

32nd percentile

-3.4%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$730,344

Down $25,626 (-3.4%) from 2017

Net Assets

Down

$255,586

Down $4,536 (-1.7%) from 2017

Liabilities

Down

$474,758

Down $21,090 (-4.3%) from 2017

Revenue

Up

$142,214

Up $13,844 (+11%) from 2017

Expenses

Down

$146,750

Down $3,548 (-2.4%) from 2017

Net Income

Up

-$4,536

Up $17,392 (+79%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $514,033Liabilities 2012: $122,275Net Assets 2012: $391,7582012Assets 2013: $676,518Liabilities 2013: $291,886Net Assets 2013: $384,6322013Assets 2014: $646,340Liabilities 2014: $263,405Net Assets 2014: $382,9352014Assets 2015: $626,333Liabilities 2015: $234,006Net Assets 2015: $392,3272015Assets 2016: $597,048Liabilities 2016: $314,998Net Assets 2016: $282,0502016Assets 2017: $755,970Liabilities 2017: $495,848Net Assets 2017: $260,1222017Assets 2018: $730,344Liabilities 2018: $474,758Net Assets 2018: $255,5862018Assets 2019: $688,740Liabilities 2019: $438,819Net Assets 2019: $249,9212019Assets 2020: $656,386Liabilities 2020: $406,828Net Assets 2020: $249,5582020Assets 2021: $641,672Liabilities 2021: $419,116Net Assets 2021: $222,5562021Assets 2022: $597,722Liabilities 2022: $411,154Net Assets 2022: $186,5682022Assets 2023: $713,660Liabilities 2023: $281,058Net Assets 2023: $432,6022023Assets 2024: $639,235Liabilities 2024: $303,493Net Assets 2024: $335,7422024Assets 2025: $593,231Liabilities 2025: $255,127Net Assets 2025: $338,1042025

Highlighted filing

2018

Assets$730,344
Liabilities$474,758
Net Assets$255,586

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $100,690Expenses 2012: $110,960Net Income 2012: -$10,2702012Revenue 2013: $97,192Expenses 2013: $124,320Net Income 2013: -$27,1282013Revenue 2014: $132,508Expenses 2014: $134,205Net Income 2014: -$1,6972014Revenue 2015: $138,231Expenses 2015: $128,839Net Income 2015: $9,3922015Revenue 2016: $114,649Expenses 2016: $224,926Net Income 2016: -$110,2772016Revenue 2017: $128,370Expenses 2017: $150,298Net Income 2017: -$21,9282017Revenue 2018: $142,214Expenses 2018: $146,750Net Income 2018: -$4,5362018Revenue 2019: $130,803Expenses 2019: $136,469Net Income 2019: -$5,6662019Revenue 2020: $134,957Expenses 2020: $135,320Net Income 2020: -$3632020Revenue 2021: $133,356Expenses 2021: $160,358Net Income 2021: -$27,0022021Revenue 2022: $140,690Expenses 2022: $176,678Net Income 2022: -$35,9882022Revenue 2023: $306,855Expenses 2023: $132,941Net Income 2023: $173,9142023Revenue 2024: $230,815Expenses 2024: $327,675Net Income 2024: -$96,8602024Revenue 2025: $149,674Expenses 2025: $147,312Net Income 2025: $2,3622025

Highlighted filing

2018

Revenue$142,214
Expenses$146,750
Net Income-$4,536
Jump To
Filing Snapshot
Filing Period
Feb 1, 2017 to Jan 31, 2018
Signed
Aug 16, 2018
Return Version
2017v2.2
Gross Receipts
$142,214
Mission and Program Overview

Mission

Volunteer fire/rescue response

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$668,940$636,214▼ $32,726
Rtn Earn Endowment Incm Other Fnds$240,121$235,585▼ $4,536
Cash and Non-Interest-Bearing Accounts$87,030$94,130▲ $7,100
Pd in Cap Srpls Land Bldg Eqp Fund$20,001$20,001→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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$755,970$730,344▼ $25,626
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$495,256$473,444▼ $21,812
Accounts Payable and Accrued Expenses$592$1,314▲ $722
Total Liabilities$495,848$474,758▼ $21,090
Net Assets / Fund Balance
Total Net Assets Fund Balance$260,122$255,586▼ $4,536
Total Liabilities and Net Assets / Fund Balance$755,970$730,344▼ $25,626

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$88,859$53,136-
Equipment$547,355$637,453-
Compensation and Service Providers

Board Members and Trustees

NameTitle
David PerreaultPresident
Rick CochranVice President
Chuck DeanDirector
Jim BinnsDirector
Linda MorganDirector
Mike HillianDirector
Pete Melnicki SrDirector
Tyler BeaverDirector
Daniel IngramTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$142,113
Program Service Revenue
$0
Investment Income
$101
Other Revenue
$0
All Other Contributions
$13,625
Change in Net Assets
$-4,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$146,536
Total Fundraising Expense$2,692
Salaries, Compensation, and Employee Benefits$1,714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$-1,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$77,864--$77,864
Occupancy$17,544--$17,544
Insurance$11,923--$11,923
Interest$10,511--$10,511
Fees for Services Accounting-$2,345-$2,345
Office Expenses-$2,207-$2,207
Pension Plan Contributions-$1,714-$1,714
Other Expenses$775$11,969$4,192$775
Fees for Services Professional Fundraising--$-1,500$-1,500
Total Functional Expenses$125,823$18,235$2,692$146,750
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$-1,500
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Weddington Area Volunteer Fire
EIN
71-0514241
Phone
4794459135
Address
13496 W Highway 16, Fayetteville, AR 72704

Signing Officer

Name
Daniel Ingram
Title
Treasurer
Signed
2018-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Perreault
Formed
1978
Legal Domicile
Ar
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
37

Preparer

Firm
Susan Burks CPA
Address
PO Box 999, West Fork, AR 72774
Preparer
Susan Burks
Phone
4797909180
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 & supporting schedules were provided to each board member for their review before filing.

Pt VI, Line 19

The Fire Department's corporate By-Laws, meeting minutes & financial statements are available to the public upon request.

Pt VI, Line 2

The Treasurer, Daniel Ingram, is the son-in-law of director Linda Morgan.

Pt VI, Line 6

The Fire Department is partially supported via general public memberships within our designated response area. Members are billed annual dues on their county property tax statments. Each membership has one vote.

Pt VI, Line 7A

An annual meeting is held each year in December to conduct the business including setting annual dues amount, election of directors & addressing changes in the By-Laws. The Board meets monthly to receive reports of Fire Department activity & conduct business within the guidelines of the By-Laws. Monthly meetings include presentation of financial, call response, maintenance, training, membership, etc reports. Annual & monthly meetings minutes are recorded. Notice of the times of annual and monthly meetings are published & meetings are open to the public.

Pt VI, Line 7B

The Fire Department membership must vote on & approve all changes to the By-Laws.

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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt020001
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01714
IRS990/PensionPlanContributionsGrp/TotalAmt01714
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0David Perreault
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IRS990/PYOtherRevenueAmt0485
IRS990/PYRevenuesLessExpensesAmt0-21928
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IRS990/PYTotalExpensesAmt0150298
IRS990/PYTotalRevenueAmt0128370
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IRS990/ReconcilationRevenueExpnssAmt0-4536
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0235585
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt059886
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt057267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt057580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt055436
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0308127
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0367
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt027283
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0485
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02332
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0545
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0396
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03758
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IRS990ScheduleA/PublicSupportCY170Pct00.99340
IRS990ScheduleA/PublicSupportPY170Pct00.98980
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt063650
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt062116
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0132283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0117552
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt053136
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0547355
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0637453
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01184808
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 & supporting schedules were provided to each board member for their review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Fire Department's corporate By-Laws, meeting minutes & financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Treasurer, Daniel Ingram, is the son-in-law of director Linda Morgan.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Fire Department is partially supported via general public memberships within our designated response area. Members are billed annual dues on their county property tax statments. Each membership has one vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6An annual meeting is held each year in December to conduct the business including setting annual dues amount, election of directors & addressing changes in the By-Laws. The Board meets monthly to receive reports of Fire Department activity & conduct business within the guidelines of the By-Laws. Monthly meetings include presentation of financial, call response, maintenance, training, membership, etc reports. Annual & monthly meetings minutes are recorded. Notice of the times of annual and monthly meetings are published & meetings are open to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Fire Department membership must vote on & approve all changes to the By-Laws.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 7b
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018235
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0125823
IRS990/TotalFunctionalExpensesGrp/TotalAmt0146750
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0495848
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IRS990/TotalLiabilitiesGrp/EOYAmt0474758
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.93$2.55$3.38$1.50$1.47$0.02
2024Detailed filing. Detailed filing data is available for this year.$6.39$3.03$3.36$2.31$3.28$0.97
2023Detailed filing. Detailed filing data is available for this year.$7.14$2.81$4.33$3.07$1.33$1.74
2022Detailed filing. Detailed filing data is available for this year.$5.98$4.11$1.87$1.41$1.77$0.36
2021Detailed filing. Detailed filing data is available for this year.$6.42$4.19$2.23$1.33$1.60$0.27
2020Detailed filing. Detailed filing data is available for this year.$6.56$4.07$2.50$1.35$1.35$0.00
2019Detailed filing. Detailed filing data is available for this year.$6.89$4.39$2.50$1.31$1.36$0.06
2018Detailed filing. Detailed filing data is available for this year.$7.30$4.75$2.56$1.42$1.47$0.05
2017Detailed filing. Detailed filing data is available for this year.$7.56$4.96$2.60$1.28$1.50$0.22
2016Detailed filing. Detailed filing data is available for this year.$5.97$3.15$2.82$1.15$2.25$1.10
2015Detailed filing. Detailed filing data is available for this year.$6.26$2.34$3.92$1.38$1.29$0.09
2014Summary only. Only limited summary data is available for this year.$6.46$2.63$3.83$1.33$1.34$0.02
2013Summary only. Only limited summary data is available for this year.$6.77$2.92$3.85$0.97$1.24$0.27
2012Summary only. Only limited summary data is available for this year.$5.14$1.22$3.92$1.01$1.11$0.10
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