Civic Intelligence

Lake Township Community and Firefighters Asscociation

EIN 87-3857826 • 501(c)3 • Millbury, OH

Profile

To provide services to the village of millbury residents by providing low cost public rentals.

1379 S Railroad StMillbury, OH 43447

n/A

Siviq Scores

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

Liabilities / Assets

88th percentile

0.44x

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

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

Liabilities / Revenue

98th percentile

5.43x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

99th percentile

100%

Higher net margin than 99% 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

67th percentile

8.8%

Faster asset growth than 67% of similar nonprofits.

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

Revenue Growth

62nd percentile

8.2%

Faster revenue growth than 62% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$165,935

Up $13,414 (+8.8%) from 2023

Liabilities

Flat

$72,820

Flat from 2023

Net Assets

Up

$93,115

Up $13,414 (+17%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin99th percentile

Revenue

Up

$13,414

Up $1,013 (+8.2%) from 2023

Expenses

Down

$0

Down $32,470 (-100%) from 2023

Net Income

Up

$13,414

Up $33,483 (+167%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

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

$200K$150K$100K$50K$0Assets 2023: $152,521Liabilities 2023: $72,820Net Assets 2023: $79,7012023Assets 2024: $165,935Liabilities 2024: $72,820Net Assets 2024: $93,1152024

Highlighted filing

2024

Assets$165,935
Liabilities$72,820
Net Assets$93,115
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

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

$40K$20K$0-$20K-$40KRevenue 2023: $12,401Expenses 2023: $32,470Net Income 2023: -$20,0692023Revenue 2024: $13,414Expenses 2024: $0Net Income 2024: $13,4142024

Highlighted filing

2024

Revenue$13,414
Expenses$0
Net Income$13,414
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$165,935
Liabilities
$72,820
Net assets
$93,115
Revenue
$13,414
Expenses
$0
Net income
$13,414
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.73$0.93$0.13$0.00$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.73$0.80$0.12$0.32$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$44,736
Mission and Program Overview

Mission

To provide services to the village of millbury residents by providing low cost public rentals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$142,700$142,700→ $0
Cash and Non-Interest-Bearing Accounts$4,099$23,235▲ $19,136
Savings and Temporary Cash Investments$5,722--
Total Assets$152,521$165,935▲ $13,414
Liabilities
Mortgage Notes Payable Secured by Investment Property$72,820$72,820→ $0
Total Liabilities$72,820$72,820→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$79,701$93,115▲ $13,414
Total Net Assets Fund Balance$79,701$93,115▲ $13,414
Total Liabilities and Net Assets / Fund Balance$152,521$165,935▲ $13,414

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$142,700--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Richard AmmermanPresident
Joe MusilVice President
George JonesTrustee
Tim ClapsaddleTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$13,414
Change in Net Assets
$13,414

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Lake Township Community and Firefighters Asscociation
EIN
87-3857826
Phone
4193923510
Address
1379 S RAILROAD ST, MILLBURY, OH 43447

Signing Officer

Name
Richard Ammerman
Title
President
Phone
4193923510
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Ammerman
Formed
2023
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Thomson Tax Service
Address
1722 N Stadium Rd, Oregon, OH 43616
Preparer
David M Thomson
Phone
4193409573
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Return handed out at board meeting”

Pt VI, Line 19

“Documents are on site and are given to anyone asking”

Raw XML Appendix276 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.

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