EXETER VOLUNTEER FIRE COMPANY NO 2 (EIN 056009543) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Principal Officer

MATT SCHULDE

Phone

4013977688

Tax Period

2023-04-01 to 2024-03-31

EXETER VOLUNTEER FIRE COMPANY NO 2, founded in 1945, is a small nonprofit that reported $238K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $109K, a strong 46% operating margin.

Mission

TO PROVIDE FIRE PROTECTION FOR RESIDENTS OF EXETER RI AND OTHERS, RESPONDING TO FIRES, ACCIDENTS, RESCUES, SEARCHES AND OTHER EMERGENCIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,227

Program Service Revenue $216,127

Investment Income $18,963

Other Revenue $0

TOTAL REVENUE $238,317

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,300

Fundraising Expenses $0

Program Expenses $125,574

Other Expenses $109,109

TOTAL EXPENSES $129,409

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,317	$276,182	-0.1%
Expenses	$129,409	$153,664	-0.2%
Net Income	$108,908	$122,518	-0.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT SCHULDE	PRESIDENT	N/A	Officer Director	$0	$0	$0
HENRY WRIGHT	FIRST VICE P	N/A	Officer Director	$0	$0	$0
DARLENE FLETCHER	SECOND VICE	N/A	Officer Director	$0	$0	$0
LINDA L WALL	SECRETARY	N/A	Officer Director	$0	$0	$0
JACQUELINE HENDERSON	TREASURER	N/A	Officer Director	$0	$0	$0
ROBERT C FRANKLIN	CHIEF	N/A	Officer	$0	$0	$0
THOMAS SAWICKY	TRUSTEE	N/A	Director	$0	$0	$0
SCOTT KETTELLE	TRUSTEE	N/A	Director	$0	$0	$0
HAL MORGAN	TRUSTEE	N/A	Director	$0	$0	$0
ROBERT SLATER	TRUSTEE	N/A	Director	$0	$0	$0
JOSEPH ANCTIL	TRUSTEE	N/A	Director	$0	$0	$0

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	No data	No data	No data	No data
2024	$238,317	$129,409	$3,283,557	$108,908
2023	$276,182	$153,664	$3,251,942	$122,518
2022	$195,823	$110,390	$3,126,324	$85,433
2021	$184,309	$81,579	$3,040,891	$102,730
2020	$188,376	$84,093	$2,938,161	$104,283
2019	$182,463	$82,169	$2,833,878	$100,294

EXETER VOLUNTEER FIRE COMPANY NO 2