Stevenson Volunteer Fire Company

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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

1923

Legal Domicile

Principal Officer

Geoffrey Giordano

Phone

2032614928

Tax Period

2023-01-01 to 2023-12-31

Stevenson Volunteer Fire Company, founded in 1923, is a small nonprofit in the Public Safety sector that reported $203K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $225K exceeded revenue, resulting in a 11% operating deficit.

Mission

The purpose of the Stevenson Volunteer Fire Department is to provide fire and rescue services for the Stevenson section of the Town of Monroe, Connecticut and to provide mutual aid to surrounding communities.

Program Service Accomplishments

Program 1

Expenses: $225,427

The Organization provides fire and rescue services to the Stevenson area of Monroe, Connecticut and mutual aid services to 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 (2023)

Revenue Breakdown

Contributions & Grants $201,166

Program Service Revenue $0

Investment Income $1,350

Other Revenue $0

TOTAL REVENUE $202,516

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $225,427

Other Expenses $225,427

TOTAL EXPENSES $225,427

Year-over-Year Comparison

	2023	2022	Change
Revenue	$202,516	$178,821	+0.1%
Expenses	$225,427	$144,600	+0.6%
Net Income	$-22,911	$34,221	-1.7%

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

N/A

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
Brian Greco	Company and Town Treasurer	20.00	Director	$0	$0	$0
Thomas Woerner	Director	20.00	Director	$0	$0	$0
John Howe	Chief and Director	20.00	Officer Director	$0	$0	$0
Eric Christensen	Director	20.00	Officer Director	$0	$0	$0
Geoffrey Giordano	President and Director	20.00	Officer Director	$0	$0	$0
Samuel Kellogg	Secretary	20.00	Officer	$0	$0	$0
Gary Czarnecke	Vice President	20.00	Officer	$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	No data	No data	No data	No data
2023	$202,516	$225,427	$372,638	$-22,911
2022	$178,821	$144,600	$393,551	$34,221
2021	$186,080	$162,728	$361,345	$23,352
2020	$178,336	$161,664	$335,967	$16,672
2019	$170,984	$189,311	$319,295	$-18,327
2018	$204,497	$229,291	$336,783	$-24,794