Fallsvale Service Company
- Assets
- $1.0m
- Revenue
- $266.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Forest Falls, CA
- Founding
- 04/1992
- Data as of
- 06/2022
- EIN
- 95-0724550
Organization Overview
Fallsvale Service Company is located in Forest Falls, CA. The organization was established in 1992. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. As of 06/2022, Fallsvale Service Company employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fallsvale Service Company is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 06/2022, Fallsvale Service Company generated $266.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $216.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WATER SUPPLY & DISTRIBUTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCATE, EXTRACT, STORE AND DISTRIBUTE WATER FOR A REMOTE MOUNTAIN COMMUNITY. WATERSHARES ARE HELD BY THE RESIDENTS OF FOREST FALLS, CA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Hagelgantz President | Trustee | 1.5 | $0 |
Matt Weise Vice President | Trustee | 1.5 | $0 |
Rodney Nelson Director | Trustee | 1.5 | $0 |
Psul Tetreault Director | Trustee | 1.5 | $0 |
Dave Druck Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $266,798 |
| Investment income | $92 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $266,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,115 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,703 |
| Fees for services: Management | $126 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,198 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,415 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,766 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,410 |
| Insurance | $14,122 |
| All other expenses | $11,322 |
| Total functional expenses | $216,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,453 |
| Savings and temporary cash investments | $101,649 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $181,720 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $496,840 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $1,010,663 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $255,435 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $255,435 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $43,076 |
| Paid-in or capital surplus, or land, building, or equipment fund | $15,192 |
| Retained earnings, endowment, accumulated income, or other funds | $696,960 |
| Total liabilities and net assets/fund balances | $1,010,663 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regional Emergency Medical Services Authority Reno, NV | $48,144,004 | $56,413,954 |
Sierra Medical Services Alliance Reno, NV | $11,516,669 | $26,283,395 |
Life Flight Network Foundation Aurora, OR | $27,756,758 | $13,971,410 |
American Legion Jackson, CA | $13,269,901 | $13,910,966 |
Manteca District Volunteer Ambulance Service Manteca, CA | $22,980,131 | $14,003,092 |
Angel Flight West Inc Santa Monica, CA | $5,160,188 | $9,344,474 |
National Disaster Search Dog Foundation Inc Santa Paula, CA | $37,520,667 | $6,803,309 |
Miracle Flights Henderson, NV | $47,631,484 | $3,033,311 |
Morongo Basin Ambulance Association Inc Joshua Tree, CA | $2,109,191 | $3,394,879 |
Verde Valley Ambulance Co Inc Cottonwood, AZ | $2,796,235 | $2,828,996 |
Pulsepoint Foundation Pleasanton, CA | $1,239,137 | $2,444,365 |
Holbrook Ems Inc Holbrook, AZ | $1,855,750 | $1,941,946 |