Civic Intelligence

Magnet Cove Area Fire Protection

EIN 71-0536275 • 501(c)3 • Malvern, AR

Profile

VOLUNTEER FIREFIGHTING

21727 Highway 51Malvern, AR 72104
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

63rd percentile

9.6%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

66th percentile

8.6%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

2.3%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$101,839

Up $8,056 (+8.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$101,839

Up $8,056 (+8.6%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin63rd percentile

Revenue

Up

$83,867

Up $1,882 (+2.3%) from 2023

Expenses

Down

$75,811

Down $10,061 (-12%) from 2023

Net Income

Up

$8,056

Up $11,943 (+307%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $44,369Liabilities 2011: $02011Assets 2012: $52,636Liabilities 2012: $0Net Assets 2012: $52,6362012Assets 2013: $58,123Liabilities 2013: $0Net Assets 2013: $58,1232013Assets 2014: $60,097Liabilities 2014: $0Net Assets 2014: $60,0972014Assets 2015: $67,644Liabilities 2015: $0Net Assets 2015: $67,6442015Assets 2016: $83,204Liabilities 2016: $0Net Assets 2016: $83,2042016Assets 2017: $99,756Liabilities 2017: $0Net Assets 2017: $99,7562017Assets 2019: $78,553Liabilities 2019: $0Net Assets 2019: $78,5532019Assets 2021: $82,227Liabilities 2021: $0Net Assets 2021: $82,2272021Assets 2022: $97,670Liabilities 2022: $0Net Assets 2022: $97,6702022Assets 2023: $93,783Liabilities 2023: $0Net Assets 2023: $93,7832023Assets 2024: $101,839Liabilities 2024: $0Net Assets 2024: $101,8392024

Highlighted filing

2024

Assets$101,839
Liabilities$0
Net Assets$101,839
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $42,438Expenses 2011: $60,981Net Income 2011: -$18,5432011Revenue 2012: $45,006Expenses 2012: $36,739Net Income 2012: $8,2672012Revenue 2013: $40,008Expenses 2013: $34,521Net Income 2013: $5,4872013Revenue 2014: $38,370Expenses 2014: $36,396Net Income 2014: $1,9742014Revenue 2015: $39,000Expenses 2015: $31,453Net Income 2015: $7,5472015Revenue 2016: $46,726Expenses 2016: $31,166Net Income 2016: $15,5602016Revenue 2017: $46,252Expenses 2017: $29,700Net Income 2017: $16,5522017Revenue 2019: $45,203Expenses 2019: $75,764Net Income 2019: -$30,5612019Revenue 2021: $49,568Expenses 2021: $51,581Net Income 2021: -$2,0132021Revenue 2022: $110,055Expenses 2022: $93,880Net Income 2022: $16,1752022Revenue 2023: $81,985Expenses 2023: $85,872Net Income 2023: -$3,8872023Revenue 2024: $83,867Expenses 2024: $75,811Net Income 2024: $8,0562024

Highlighted filing

2024

Revenue$83,867
Expenses$75,811
Net Income$8,056
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,839
Liabilities
$0
Net assets
$101,839
Revenue
$83,867
Expenses
$75,811
Net income
$8,056
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.84$0.76$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.82$0.86$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$1.10$0.94$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.50$0.52$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.45$0.76$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.46$0.30$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.47$0.31$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.39$0.31$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.38$0.36$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$0.40$0.35$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.45$0.37$0.08
2011Summary only. Only limited summary data is available for this year.$0.44$0.00$0.42$0.61$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.1
Gross Receipts
$83,867
Mission and Program Overview

Mission

VOLUNTEER FIREFIGHTING

Program Services

DescriptionGrantsExpenses
PROVIDED FIRE PROTECTION AND EMERGENCY RESPONSE TOAPPROXIMATELY 950 RESIDENCES-$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID SULTONPresident-$0--
JEFF MCDERMOTTVicepresident-$0--
CATHY CHILCOTESecretary-$0--
AMIE MARTINBoard Member-$0--
CHRIS GAINESBoard Member-$0--
LESALEE CHILCOTETreasurer-$0--
JEFF MCJUNKINSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Magnet Cove Area Fire Protection
EIN
71-0536275
In Care Of
% JEFF MCDERMOTT
Phone
5018440209
Address
21727 HIGHWAY 51, MALVERN, AR 72104

Signing Officer

Name
Jeff Mcdermott
Title
Vice President
Phone
5018440209
Signed
2025-04-30
Discuss with paid preparer
No

Preparer

Firm
Fred a Penny CPA Pa
Address
7282 HIGHWAY 270, MALVERN, AR 72104
Preparer
Fred a Penny
Phone
5013322021
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountFIRE FIGHTING SUPPLIES 5,239FIRE FIGHTING EQUIPMENT 30,250OFFICE EXPENSE 197INSURANCE 8,546TRUCK EXPENSE 6,302LOPFI 864SOFTWARE 660FIRE FIGHTER TRAINING 2,375”

Raw XML Appendix170 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt01000
IRS990EZ/BooksInCareOfDetail/PersonNm0JEFF MCDERMOTT
IRS990EZ/BooksInCareOfDetail/PhoneNum05018440209
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt021727 HIGHWAY 51
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MALVERN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd072104
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt093783
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0101839
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt022184
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt08056
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05119
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt093783
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0101839
IRS990EZ/GainOrLossFromSaleOfAssetsAmt04000
IRS990EZ/GrossReceiptsAmt083867
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt057683
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt093783
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0101839
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt093783
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0101839
IRS990EZ/OccupancyRentUtltsAndMaintAmt015259
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID SULTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFF MCDERMOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CATHY CHILCOTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AMIE MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHRIS GAINES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LESALEE CHILCOTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JEFF MCJUNKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICEPRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt054433
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0VOLUNTEER FIREFIGHTING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED FIRE PROTECTION AND EMERGENCY RESPONSE TOAPPROXIMATELY 950 RESIDENCES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt04000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt075811
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt083867
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt021038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt078060
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt077840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049426
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0248548
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0142
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0427
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99830
IRS990ScheduleA/PublicSupportPY170Pct00.99850
IRS990ScheduleA/PublicSupportTotal170Amt0248548
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022184
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt021038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt078060
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049426
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0248548
IRS990ScheduleA/TotalSupportAmt0248975
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountFIRE FIGHTING SUPPLIES 5,239FIRE FIGHTING EQUIPMENT 30,250OFFICE EXPENSE 197INSURANCE 8,546TRUCK EXPENSE 6,302LOPFI 864SOFTWARE 660FIRE FIGHTER TRAINING 2,375
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF MCDERMOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05018440209
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGNET COVE AREA FIRE PROTECTION
ReturnHeader/Filer/BusinessNameControlTxt0MAGN
ReturnHeader/Filer/EIN0710536275
ReturnHeader/Filer/InCareOfNm0% JEFF MCDERMOTT
ReturnHeader/Filer/PhoneNum05018440209
ReturnHeader/Filer/USAddress/AddressLine1Txt021727 HIGHWAY 51
ReturnHeader/Filer/USAddress/CityNm0MALVERN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072104
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710786655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRED A PENNY CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07282 HIGHWAY 270
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MALVERN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072104
ReturnHeader/PreparerPersonGrp/PhoneNum05013322021
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRED A PENNY
ReturnHeader/ReturnTs02025-06-20T13:53:00-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.