Civic Intelligence

Texas Fire Museum Inc.

990 • Fiscal year 2022 • EIN 75-2836280

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 30, 2023

P O Box 560724Dallas, TX 75356

(214) 267-1867

Siviq Scores

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

Liabilities / Assets

71st percentile

0.02x

Higher debt load relative to assets than 71% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

11%

Higher net margin than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

7.7%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

32nd percentile

-8.9%

Faster revenue growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$255,525

Up $18,350 (+7.7%) from 2021

Net Assets

Up

$249,172

Up $14,512 (+6.2%) from 2021

Liabilities

Up

$6,353

Up $3,838 (+153%) from 2021

Revenue

Down

$252,940

Down $24,807 (-8.9%) from 2021

Expenses

Up

$224,124

Up $27,727 (+14%) from 2021

Net Income

Down

$28,816

Down $52,534 (-65%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $80,622Liabilities 2010: $14,6632010Assets 2011: $73,719Liabilities 2011: $33,8552011Assets 2012: $17,902Liabilities 2012: $34,2512012Assets 2013: $17,958Liabilities 2013: $32,0402013Assets 2014: $28,847Liabilities 2014: $25,874Net Assets 2014: $2,9732014Assets 2015: $117,767Liabilities 2015: $40,386Net Assets 2015: $77,3812015Assets 2016: $130,502Liabilities 2016: $35,308Net Assets 2016: $95,1942016Assets 2017: $134,387Liabilities 2017: $24,6632017Assets 2018: $154,819Liabilities 2018: $14,3772018Assets 2019: $155,998Liabilities 2019: $17,6622019Assets 2020: $146,397Liabilities 2020: $9,3312020Assets 2021: $237,175Liabilities 2021: $2,515Net Assets 2021: $234,6602021Assets 2022: $255,525Liabilities 2022: $6,353Net Assets 2022: $249,1722022Assets 2023: $265,365Liabilities 2023: $8,156Net Assets 2023: $257,2092023Assets 2024: $322,194Liabilities 2024: $14,332Net Assets 2024: $307,8622024

Highlighted filing

2022

Assets$255,525
Liabilities$6,353
Net Assets$249,172

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $176,990Expenses 2010: $221,193Net Income 2010: -$44,2032010Revenue 2011: $195,056Expenses 2011: $217,121Net Income 2011: -$22,0652011Revenue 2012: $85,126Expenses 2012: $97,379Net Income 2012: -$12,2532012Revenue 2013: $65,082Expenses 2013: $62,815Net Income 2013: $2,2672013Revenue 2014: $107,425Expenses 2014: $90,370Net Income 2014: $17,0552014Revenue 2015: $245,703Expenses 2015: $147,572Net Income 2015: $98,1312015Revenue 2016: $119,919Expenses 2016: $102,198Net Income 2016: $17,7212016Revenue 2017: $92,435Expenses 2017: $77,618Net Income 2017: $14,8172017Revenue 2018: $184,155Expenses 2018: $124,683Net Income 2018: $59,4722018Revenue 2019: $141,314Expenses 2019: $104,759Net Income 2019: $36,5552019Revenue 2020: $188,017Expenses 2020: $189,286Net Income 2020: -$1,2692020Revenue 2021: $277,747Expenses 2021: $196,397Net Income 2021: $81,3502021Revenue 2022: $252,940Expenses 2022: $224,124Net Income 2022: $28,8162022Revenue 2023: $266,814Expenses 2023: $271,477Net Income 2023: -$4,6632023Revenue 2024: $342,876Expenses 2024: $312,060Net Income 2024: $30,8162024

Highlighted filing

2022

Revenue$252,940
Expenses$224,124
Net Income$28,816
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 30, 2023
Return Version
2022v5.0
Gross Receipts
$252,940
Mission and Program Overview

Mission

The organization's primary purpose is the preservation, restoration and display of anitique fire apparatus and equipment. In conjunction with this the organization promotes and provides education regarding fire safety.

The organization operates a fire museum and also maintains, repairs and restores historic fire vehicles and related equipment for various fire departments located around the country.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$148,485$136,247▼ $12,238
Accounts Receivable$33,616$49,144▲ $15,528
Cash and Non-Interest-Bearing Accounts$21,093$37,942▲ $16,849
Land, Buildings, and Equipment, Net$33,981$32,192▼ $1,789
Total Assets$237,175$255,525▲ $18,350
Liabilities
Accounts Payable and Accrued Expenses$2,515$6,353▲ $3,838
Total Liabilities$2,515$6,353▲ $3,838
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$234,660$249,172▲ $14,512
Total Net Assets Fund Balance$234,660$249,172▲ $14,512
Total Liabilities and Net Assets / Fund Balance$237,175$255,525▲ $18,350

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$32,192$3,578$35,770
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill MaddoxBoard Member
Brian WoodBoard Member
John BelknapBoard Member
Ken WilsonBoard Member
Mario SilvaBoard Member
Rich HardinBoard Member
Wally CoxBoard Member
Ed HawthornePres
Gene ConwaySec
William CarrollTreas
Keith KellyVP
Revenue and Support

Revenue Composition

Contributions and Grants
$249,787
Program Service Revenue
$1,087
Investment Income
$2,066
Other Revenue
$0
All Other Contributions
$249,787
Change in Net Assets
$28,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,507
Salaries, Compensation, and Employee Benefits$100,617
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,555$10,062-$100,617
Occupancy$33,174$8,293-$41,467
Insurance$7,305$1,826-$9,131
Fees for Services Accounting$4,680$1,170-$5,850
Office Expenses$3,118$780-$3,898
Other Expenses$2,537$634-$3,171
Depreciation Depletion$1,789--$1,789
All Other Expenses$452$113-$565
Total Functional Expenses$201,246$22,878$0$224,124
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The organization provides a copy of the form 990 to all members of its governing body.

Conflict of interest policy compliance Part VI line 12C

The organizations board continually monitors and enforces all conflict of interest policies.

Governing documents etc available to public Part VI line 19

Governing documents are made available as required.

Filing and Contact Details

Filer

Filer Name
Texas Fire Museum Inc
EIN
75-2836280
Address
P O BOX 560724, DALLAS, TX 75356

Signing Officer

Name
William Carroll
Title
Treas
Phone
2142671867
Signed
2023-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Hawthorne
Formed
1999
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
2

Preparer

Firm
Wood Stephens & ONeil LLP
Address
6300 Ridglea Place Suite 150, Fort Worth, TX 76116
Preparer
Hal ONeil CPA
Phone
8173771700
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0505254
IRS990ScheduleA/TotalSupportAmt0505254
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt032192
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03578
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt035770
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032192
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES A COPY OF THE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS BOARD CONTINUALLY MONITORS AND ENFORCES ALL CONFLICT OF INTEREST POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE AS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0255525
IRS990/TotalAssetsGrp/BOYAmt0237175
IRS990/TotalAssetsGrp/EOYAmt0255525
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IRS990/TotalContributionsAmt0249787
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022878
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0201246
IRS990/TotalFunctionalExpensesGrp/TotalAmt0224124
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02515
IRS990/TotalLiabilitiesEOYAmt06353
IRS990/TotalLiabilitiesGrp/BOYAmt02515
IRS990/TotalLiabilitiesGrp/EOYAmt06353
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0234660
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0249172
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0201246
IRS990/TotalProgramServiceRevenueAmt01087
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03153
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0252940
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0237175
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0255525
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/UponRequestInd0X
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IRS990/VotingMembersIndependentCnt011
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM CARROLL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum02142671867
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXAS FIRE MUSEUM INC
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0752836280
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 560724
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075356
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750738588
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wood Stephens & ONeil LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06300 Ridglea Place Suite 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fort Worth
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076116
ReturnHeader/PreparerPersonGrp/PhoneNum08173771700
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Hal ONeil CPA
ReturnHeader/ReturnTs02023-07-07T16:07:32-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARROLL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.22$0.14$3.08$3.43$3.12$0.31
2023Detailed filing. Detailed filing data is available for this year.$2.65$0.08$2.57$2.67$2.71$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.56$0.06$2.49$2.53$2.24$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.37$0.03$2.35$2.78$1.96$0.81
2020Summary only. Only limited summary data is available for this year.$1.46$0.09$1.88$1.89$0.01
2019Summary only. Only limited summary data is available for this year.$1.56$0.18$1.41$1.05$0.37
2018Summary only. Only limited summary data is available for this year.$1.55$0.14$1.84$1.25$0.59
2017Summary only. Only limited summary data is available for this year.$1.34$0.25$0.92$0.78$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.31$0.35$0.95$1.20$1.02$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.18$0.40$0.77$2.46$1.48$0.98
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.26$0.03$1.07$0.90$0.17
2013Summary only. Only limited summary data is available for this year.$0.18$0.32$0.65$0.63$0.02
2012Summary only. Only limited summary data is available for this year.$0.18$0.34$0.85$0.97$0.12
2011Summary only. Only limited summary data is available for this year.$0.74$0.34$1.95$2.17$0.22
2010Summary only. Only limited summary data is available for this year.$0.81$0.15$1.77$2.21$0.44