Spring Volunteer Fire Association FY2020 filing

Tax-deductible

Spring, TX501(c)(3)Public Safety & DisasterEIN 76-0053302Revenue $3.4M in FY2020

On file with the IRSspringfd.org656 E Louetta Rd, 77373-2700 · Spring, TXTax-exempt since Jun 2007Publicly supported — 509(a)(2)

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Protecting the lives and property of those that live, visit, work or invest in the Spring, Texas area

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$108K 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

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $732K a year · 43% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$108K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $186
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
256% of total assets
Concern: liabilities are 256% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
Spent
$4.8M
To programs
94%
Net assets
−$1.1M
By yearFY2020–FY2023
Revenue
$3.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.4M
FY2021$35K
FY2022$41K
FY2023$44K
Expenses
$4.8M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.8M
FY2021$43K
FY2022Not on file
FY2023Not on file
Net assets
−$1.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.1M
FY2021$439K
FY2022$416K
FY2023$417K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jun 2007.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $4.5M Management & general 6% · $311K

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

5 people listed on the 990; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation
$26,685Pt VII · Sec A
President
$23,315Pt VII · Sec A
Vice President
$19,412Pt VII · Sec A
$19,412Pt VII · Sec A
$19,412Pt VII · Sec A

Scott Seifert’s $27K as CEO is at the 86th percentile of top reported officer pay among 118 <$100K public safety & disaster nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Spring Volunteer Fire Association executive salaries →

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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 15aYes

Programs and updates

Safeguarding lives and property in the Spring, Texas area.

Questions for Spring Volunteer Fire Association

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Provided by the organization

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1 program · $4.5M · in their own filed words · FY2020
01

Require and maintain equipment and manpower to provide 24-HOUR fire services to a 62 square mile area in harris county, spring, texas.

$4.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$186

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.4M
Ln 12
Fees for servicesLn 2g$3.1M
Investment incomeLn 3$292K
Other incomeLn 4–11$17K
Money outPt IX
$4.8M
Ln 25
Programscol B$4.5M
Managementcol C$311K
Owns and owesPt X
−$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$613K
Total assetsLn 16$686K
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
5
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$16K
Fees for servicesLn 2g$3.1M
Investment incomeLn 3$292K
Other incomeLn 4–11$17K
Gains on assetsLn 7$292K
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
CashLn 1$613K
Cash and savings togetherLn 1–2$613K
Land, buildings, equipmentLn 10c$61K
Total assetsLn 16$686K
LiabilitiesLn 26$1.8M
Net assetsLn 32−$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 660
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.9M$613K
Land, buildings, equipmentLn 10c$87K$61K
Total assetsLn 16$2.0M$686K
LiabilitiesLn 26$1.6M$1.8M
Net assetsLn 32$383K−$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$994K$994K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.5M$1.3M$252K
Pension plan contributionsLn 8$326K$326K
Other employee benefitsLn 9$305K$305K
Payroll taxesLn 10$202K$202K
Management feesLn 11a$0
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$27K$27K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$11K$11K
Advertising and promotionLn 12$0
Office expensesLn 13$2K$2K
Information technologyLn 14$162K$162K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$92K$92K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$26K$26K
InsuranceLn 23$461K$461K
Other expenses (24a–d)Ln 24$247K$247K
All other expensesLn 24e$430K$416K$14K
Total functional expensesLn 25$4.8M$4.5M$311K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $44K$417K 990 PDF
FY2022 $41K$416K 990 PDF
FY2021 $35K$43K−$8K$439K 990 PDF
FY2020 Viewing $3.4M$4.8M−$1.5M−$1.1M 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 FY2020 990 (6 parts)
Part I · Summary $3,384,827 revenue, 12 lines filed
I-8 Contributions and grants$16,051
I-9 Program service revenuePrior year $16,997,269$3,060,146
I-10 Investment income$291,973
I-11 Other revenuePrior year $444,412$16,657
I-12 Total revenuePrior year $17,441,681$3,384,827
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $11,615,688$3,376,149
I-16a Professional fundraising fees$0
I-17 Other expenses$1,463,682
I-18 Total expensesPrior year $11,615,688$4,839,831
I-19 Revenue less expensesPrior year $5,825,993−$1,455,004
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,384,827 across 6 lines filed
VIII-1f All other contributions, gifts and grants$16,051
VIII-1h Total contributions, gifts and grants$16,051
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,060,146$3,060,146
VIII-7 Net gain or loss on sales of assets$291,973
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $16,657$16,657
VIII-12 Total revenueRelated to mission $3,076,803$3,384,827
Part IX · Statement of functional expenses $4,839,831 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $994,328$994,328
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,297,633 · Management $251,868$1,549,501
IX-8 Pension plan contributionsPrograms $325,722$325,722
IX-9 Other employee benefitsPrograms $304,633$304,633
IX-10 Payroll taxesPrograms $201,965$201,965
IX-11a Management fees$0
IX-11b Legal feesManagement $4,963$4,963
IX-11c Accounting feesManagement $26,691$26,691
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $11,128$11,128
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $2,108$2,108
IX-14 Information technologyPrograms $162,440$162,440
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $92,055$92,055
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $26,231$26,231
IX-23 InsurancePrograms $460,714$460,714
IX-24 Other expenses (24a–d)Programs $247,065$247,065
IX-24e All other expensesPrograms $416,431 · Management $13,856$430,287
IX-25 Total functional expensesPrograms $4,529,217 · Management $310,614 · Fundraising $0$4,839,831
Part X · Balance sheet $685,594 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $1,897,096$612,554
X-9 Prepaid expenses and deferred chargesStart of year $12,460$12,460
X-10c Land, buildings and equipment, netStart of year $86,811$60,580
X-16 Total assetsStart of year $1,996,367$685,594
X-17 Accounts payable and accrued expensesStart of year $1,531,638$1,757,530
X-26 Total liabilitiesStart of year $1,613,299$1,757,530
X-27 Net assets without donor restrictionsStart of year $383,068−$1,071,936
X-32 Total net assets or fund balancesStart of year $383,068−$1,071,936
X-33 Total liabilities and net assetsStart of year $1,996,367$685,594
Part XI · Reconciliation of net assets −$1,071,936 net assets at year end
XI-1 Total revenue$3,384,827
XI-2 Total expenses$4,839,831
XI-3 Revenue less expenses−$1,455,004
XI-4 Net assets at start of year$383,068
XI-10 Net assets at end of year−$1,071,936

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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