Good Will Steam Fire Engine Company No 1
Nonprofit profile at a glance
- EIN
- 230635540
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Pottstown, PA, USA
- Phone
- 6109700878
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $5,140,137
- Expenses
- $3,961,972
- Assets
- $2,526,334
- Liabilities
- $83,774
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- CYBIL SCHEIDT (PRESIDENT)
Highest reported compensation
- KAREN FAZIK (F-T PARAMEDI): $110,316 total reported compensation
- THERESA HERBSLEB (F-T PARAMEDI): $110,163 total reported compensation
- JON HERBSLEB (F-T PARAMEDI): $105,895 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Good will steam fire engine company 1 provides fire, rescue and emergency medical services to the greater pottstown area and is divided into two factions: good will ambulance and good will fire.
What it reported doing in 2024
Good will ambulances provide emergency medical services to 55,000 people in pottstown, lower pottsgrove, west pottsgrove, upper pottsgrove, new hanover, douglas berks, north coventry, east coventry and south coventry townships. Emergency medical services include treatment and transportation to local emergency rooms as well as care and treatment in place, lifting assistance and on scene medical evaluations. Good will ambulance operates with paramedics and emt's who staff three ambulances daily, 24 hours a day, seven days a week. Good will operates from a main base of operations in pottstown borough and operates substations in north coventry and lower pottsgrove townships. Good will offers a membership drive annually for residents to join as members to defer any out-of-pocket expense for ambulance service. Additional services include first aid, cpr and aed training, fire extinguisher classes, and fire safety classes. These services are offered to industry, local businesses, residents, schools, and anyone else requesting training.
Operating model
- Revenue model
- Earned-program. 76% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 74
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.4%; rating input score 79
- Program expense ratio: 94.9%; rating input score 95
- Fundraising efficiency: $57.82 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 22.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.64; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 10.7%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 6.4% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 79.4% of revenue deployed · 94.9% of spending went to programs
- Governance: 8 of 8 board members independent · 3 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $3.8M in reported program spending
- Leadership: top reported pay $110K · 11 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Sustainability: Officer compensation ratio scored 28/100.