Newark Fire Dept EIN 80-0966099

Newark Fire Dept

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Offers fire services and support to first responders. For fiscal year 2024 it reported $322K in revenue, $245K in expenses, and $292K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public Safety & Disaster
Location
Newark, TX
Website
newarkvolfiredept.com
Filings
1 on file (2024–2024)
Revenue
$322KFY2024
Expenses
$245K
Net assets
$292K
People
1
Filings
1
Updates
0
More identity details & actions ⌄
EIN  80-0966099 Public charity (501(c)(3)) Newark, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers fire services and support to first responders.
Leadership
Jerry J Taylor · Fire Chief
Money in and out
$322K revenue, $245K expenses
Bottom line
90% program efficiency
Where the money goes · FY2024
Total revenue
$322K
Pt VIII · Ln 12
Total expenses
$245K
Pt IX · Ln 25
Net assets
$292K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $77K
Where spending went · Part IX cols B–D
Program services $0.90 Fundraising $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$322K
Pt VIII · Ln 12
Total expenses
$245K
Pt IX · Ln 25
Net assets
$292K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$77K
Total assetsPt X · Ln 16$292K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 332
Independent voting membersPt I · Ln 432
Mission & Programs · Part III

Where the work happens

1 program service account for $220K of program spending, described in the organization's own filed words · FY2024.
01

Provided fire and ems services to the community

$220Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNewark Fire Dept
EINHdr · item D80-0966099
Principal addressHdr · item CNewark, TX
WebsiteHdr · item Jnewarkvolfiredept.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic Safety & Disaster (M24)
Ruling yearIRS BMFJun 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a32
Independent voting membersPt VI · Ln 1b32
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Fire Chief
$0Pt VII · Sec A
See Newark Fire Dept executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$322K
Investment income$52
— government grantsLn 1e$231K
Total revenueLn 12$322K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Fundraising $0.10
Program services90%$220K
Fundraising10%$25K
Total functional expensesLn 25$245K

Balance Sheet

Part X · end of year
CashLn 1$45K
Total assetsLn 16$292K
Total liabilitiesLn 26$0
Total net assetsLn 32$292K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $45K · Operating expenses/yr $245K
2.2 months
Where the money goes
Program services
Program services $220K · Total expenses $245K
90%
Management & General
Management & general $0 · Total expenses $245K
0%
Fundraising
Fundraising $25K · Total expenses $245K
10%
Cost to raise $1
Fundraising expense $25K · Solicited contributions $91K
$0.27 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $322K · Total revenue $322K
100%
Government reliance
Government grants $231K · Total revenue $322K
72%
Earned-income share
Program service revenue $0 · Total revenue $322K
0%
Investment reliance
Investment income $52 · Total revenue $322K
+0.02%
Program self-sufficiency
Program service revenue $0 · Total expenses $245K
0%
Growth & trend
Revenue growth (YoY)
This year $322K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $292K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $322K · Expenses $245K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $292K
Net-asset ratio
Net assets $292K · Total assets $292K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $292K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jerry J Taylor · Reported title FIRE CHIEF · Highest reported compensation $0 · Total expenses $245K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $245K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 0%
Fundraising cost ratio 8%
Accounting fee ratio 0.3%
Fundraising fee ratio 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$322K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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