CHARLOTTE FIRE AND RESCUE SERVICES INC (EIN 030272894) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

JOHN SNOW

Phone

8024253111

Tax Period

2024-07-01 to 2025-06-30

CHARLOTTE FIRE AND RESCUE SERVICES INC, founded in 1951, is a community nonprofit in the Public Safety sector that reported $1.3M in total revenue in fiscal year 2024. Net assets of $4.0M represent 39 months of operating reserves.

Mission

PUBLIC SAFETY: AROUND THE CLOCK FIREFIGHTING AND EMERGENCY RESCUE AND MEDICAL SERVICES FOR THE TOWN OF CHARLOTTE, VERMONT AND THE SURROUNDING COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $975,979

Program Service Revenue $183,326

Investment Income $65,039

Other Revenue $33,243

TOTAL REVENUE $1,257,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $734,533

Fundraising Expenses $5,107

Program Expenses $1,137,563

Other Expenses $587,829

TOTAL EXPENSES $1,322,362

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,257,587	$1,214,839	+0.0%
Expenses	$1,322,362	$1,336,359	0.0%
Net Income	$-64,775	$-121,520	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$4,072

Total Directors

$81,051

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SNOW	PRESIDENT	10.00	Officer Director	$1,787	$0	$1,787
PATRICE MACHAVERN	EX OFFICIO	25.00	Director	$61,315	$0	$61,315
CHRIS DAVIS	MEMBER AT LARGE/VOLUNTEER	1.00	Director	$1,530	$0	$1,530
DAVE SCHERMERHORN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT CALDWELL	TREASURER	1.00	Officer Director	$2,285	$0	$2,285
DOUG PATON	SECRETARY	1.00	Officer Director	$0	$0	$0
LEE KROHN	SELECT BOARD LIASON	1.00	Director	$0	$0	$0
EDWARD SULVA	COMMUNITY MEMBER	1.00	Director	$0	$0	$0
JAMIE VALYOU	EX OFFICIO	40.00	Director	$14,134	$0	$14,134

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,257,587	$1,322,362	$4,108,888	$-64,775
2024	$1,214,839	$1,336,359	$4,255,567	$-121,520
2023	$1,239,349	$1,399,230	$4,070,774	$-159,881
2022	$1,120,352	$1,230,997	$4,077,689	$-110,645
2021	$1,229,939	$1,094,731	$4,414,399	$135,208
2020	$948,097	$1,076,141	$3,910,400	$-128,044
2019	$1,762,870	$987,984	$4,068,045	$774,886

CHARLOTTE FIRE AND RESCUE SERVICES INC