Magnet Cove Area Fire Protection Association
- Assets
- $81.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Malvern, AR
- Founding
- 12/1981
- Data as of
- 05/2022
- EIN
- 71-0536275
Organization Overview
Magnet Cove Area Fire Protection Association is located in Malvern, AR. The organization was established in 1981. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnet Cove Area Fire Protection Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Magnet Cove Area Fire Protection Association generated $135.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $136.0k during the year ending 05/2022. While expenses have increased by 23.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED FIRE PROTECTION AND EMERGENCY RESPONSE TOAPPROXIMATELY 950 RESIDENCES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Harvey President | 0 | $0 | |
Wayne Smith Vicepresident | 0 | $0 | |
Cathy Chilcote Board Member | 0 | $0 | |
Amie Martin Board Member | 0 | $0 | |
Chris Gaines Board Member | 0 | $0 | |
Jeffery Mcdermott Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,840 |
| Total Program Service Revenue | $0 |
| Membership dues | $57,356 |
| Investment income | $58 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,254 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,510 |
| Occupancy, rent, utilities, and maintenance | $19,568 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $112,908 |
| Total expenses | $135,986 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,495 |
| Other assets | $0 |
| Total assets | $81,495 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,495 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Refinery Terminal Fire Company Corpus Christi, TX | $42,465,648 | $21,666,823 |
Magnolia Volunteer Fire Dept Magnolia, TX | $3,144,054 | $11,336,971 |
Community Protection Agency Inc Alief, TX | $551,141 | $8,069,844 |
Northwest Volunteer Fire Department Houston, TX | $2,484,546 | $6,529,161 |
Bexar Bulverde Volunteer Fire Department San Antonio, TX | $24,482,806 | $9,033,199 |
Argyle Volunteer Fire District Argyle, TX | $3,458,816 | $6,092,766 |
Third District Volunteer Fire Department River Ridge, LA | $5,943,628 | $5,012,174 |
Klein Volunteer Fire Dept Spring, TX | $225,950 | $4,812,955 |
Rosehill Fire Department Tomball, TX | $1,388,660 | $4,856,459 |
Harvey Volunteer Fire Company No 2 Harvey, LA | $3,656,291 | $3,857,682 |
Electronic Security Association Inc Dallas, TX | $3,401,661 | $4,044,772 |
Ponderosa Volunteer Fire Association Houston, TX | $5,158,744 | $4,025,480 |