Goodwill Steam Fire Engine Co-1 FY2023 filing

Tax-deductible

Pottstown, PA501(c)(4)EIN 23-0635540

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To provide Fire, rescue and emergency medical services (ems) to the borough of pottstown, montgomery county, pennsylvania.

501(c)(4) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$410K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $384K a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$410K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$338K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.6M
+12% vs prior year
Spent
$3.1M
To programs
95%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$3.6M
FY2023▲ +12%
Revenue by fiscal year
FY2020$2.7M
FY2021$2.8M
FY2022$3.2M
FY2023$3.6M
FY2024$5.1M
Expenses
$3.1M
FY2023▲ +5%
Expenses by fiscal year
FY2020$2.6M
FY2021$2.8M
FY2022$3.0M
FY2023$3.1M
FY2024$4.0M
Net assets
$1.3M
FY2023▲ +50%
Net assets by fiscal year
FY2020$635K
FY2021$643K
FY2022$834K
FY2023$1.3M
FY2024$2.4M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1959.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $3.0M Management & general 5% · $148K Fundraising 0% · $13K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $410K paid to officers and key staff.

Part VII, Section A · reportable compensation
F-T Paramedi
$111,111Pt VII · Sec A
F-T Paramedi
$103,745Pt VII · Sec A
F-T Paramedi
$102,611Pt VII · Sec A
Chief Ems &
$92,884Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023
Theresa Herbsleb$110,163$111,111
Karen Fazik$110,316$103,745
Jon Herbsleb$105,895$102,611
Kevin Yerger$97,626$92,884

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Responds to fires, rescues people, and provides emergency medical care.

Provided by the organization

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2 programs · $3.0M · in their own filed words · FY2023
01

Emergency medical services including basic life support (BLS) and advanced life support (als).

$2.6Mprogram expense
02

Fire and rescue

$345Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.6M
Ln 12
Fees for servicesLn 2g$3.1M
Gifts and grantsLn 1h$467K
Other incomeLn 4–11$32K
Money outPt IX
$3.1M
Ln 25
Programscol B$3.0M
Managementcol C$148K
Fundraisingcol D$13K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$962K
Total assetsLn 16$1.6M
LiabilitiesLn 26$338K
PeoplePt VI, VII
10
listed · VII A
PaidVII A4
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$467K
Government grantsLn 1e$449K
Fees for servicesLn 2g$3.1M
Investment incomeLn 3$7K
Other incomeLn 4–11$32K
Total revenueLn 12$3.6M
Assets in detailPt X, end of year
CashLn 1$383K
SavingsLn 2$578K
Cash and savings togetherLn 1–2$962K
InvestmentsLn 11–13$27K
Land, buildings, equipmentLn 10c$593K
Total assetsLn 16$1.6M
LiabilitiesLn 26$338K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 562
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$570K$962K
InvestmentsLn 11–13$33K$27K
Land, buildings, equipmentLn 10c$292K$593K
Total assetsLn 16$922K$1.6M
LiabilitiesLn 26$89K$338K
Net assetsLn 32$834K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$93K$65K$23K$5K
Other salaries and wagesLn 7$1.6M$1.6M$51K$3K
Other employee benefitsLn 9$250K$235K$12K$2K
Payroll taxesLn 10$138K$132K$6K$593
Legal feesLn 11b$310$310
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$258K$248K$10K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$8K$3K$5K$257
Information technologyLn 14$25K$17K$8K$170
OccupancyLn 16$76K$70K$5K$314
InterestLn 20$9K$9K
Depreciation, depletion and amortizationLn 22$115K$111K$4K$198
InsuranceLn 23$208K$201K$6K$1K
Other expenses (24a–d)Ln 24$291K$286K$5K$275
All other expensesLn 24e$43K$40K$3K
Total functional expensesLn 25$3.1M$3.0M$148K$13K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $5.1M$4.0M$1.2M$2.4M 990 PDF
FY2023 Viewing $3.6M$3.1M$424K$1.3M 990 PDF
FY2022 $3.2M$3.0M$187K$834K 990 PDF
FY2021 $2.8M$2.8M$7K$643K 990 PDF
FY2020 $2.7M$2.6M$122K$635K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $3,572,151 across 9 lines filed
VIII-1e Government grants$448,812
VIII-1f All other contributions, gifts and grants$18,137
VIII-1h Total contributions, gifts and grants$466,949
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,066,649$3,066,649
VIII-3 Investment incomeExcluded from tax $6,535$6,535
VIII-6 Net rental income or lossRelated to mission $6,400$6,400
VIII-8 Net income from fundraising eventsExcluded from tax $23,346$23,346
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,272$2,272
VIII-12 Total revenueRelated to mission $3,075,321 · Excluded from tax $29,881$3,572,151
Part IX · Statement of functional expenses $3,147,985 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $65,019 · Management $23,221 · Fundraising $4,644$92,884
IX-7 Other salaries and wagesPrograms $1,564,099 · Management $51,109 · Fundraising $2,690$1,617,898
IX-9 Other employee benefitsPrograms $235,119 · Management $12,405 · Fundraising $2,481$250,005
IX-10 Payroll taxesPrograms $131,698 · Management $5,512 · Fundraising $593$137,803
IX-11b Legal feesManagement $310$310
IX-11c Accounting feesManagement $8,979$8,979
IX-11g Other fees for servicesPrograms $247,814 · Management $10,449$258,263
IX-12 Advertising and promotionPrograms $6,471$6,471
IX-13 Office expensesPrograms $3,407 · Management $4,766 · Fundraising $257$8,430
IX-14 Information technologyPrograms $16,802 · Management $8,342 · Fundraising $170$25,314
IX-16 OccupancyPrograms $69,708 · Management $5,490 · Fundraising $314$75,512
IX-20 InterestPrograms $8,768$8,768
IX-22 Depreciation, depletion and amortizationPrograms $110,851 · Management $3,770 · Fundraising $198$114,819
IX-23 InsurancePrograms $201,299 · Management $5,967 · Fundraising $1,183$208,449
IX-24 Other expenses (24a–d)Programs $286,333 · Management $4,810 · Fundraising $275$291,418
IX-24e All other expensesPrograms $40,151 · Management $2,511$42,662
IX-25 Total functional expensesPrograms $2,987,539 · Management $147,641 · Fundraising $12,805$3,147,985
Part X · Balance sheet $1,590,258 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $216,865$383,400
X-2 Savings and temporary cash investmentsStart of year $352,711$578,215
X-4 Accounts receivableStart of year $7,896$7,215
X-9 Prepaid expenses and deferred charges$1,000
X-10c Land, buildings and equipment, netStart of year $291,736$592,962
X-11 Publicly traded securitiesStart of year $33,055$27,466
X-16 Total assetsStart of year $922,263$1,590,258
X-26 Total liabilitiesStart of year $88,636$338,054
X-27 Net assets without donor restrictionsStart of year $825,865$1,252,204
X-32 Total net assets or fund balancesStart of year $833,627$1,252,204
X-33 Total liabilities and net assetsStart of year $922,263$1,590,258
Part XI · Reconciliation of net assets $1,252,204 net assets at year end
XI-1 Total revenue$3,572,151
XI-2 Total expenses$3,147,985
XI-3 Revenue less expenses$424,166
XI-4 Net assets at start of year$833,627
XI-5 Net unrealized gains (losses) on investments−$5,589
XI-10 Net assets at end of year$1,252,204

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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