TERRYVILLE FIRE DEPARTMENT INC (EIN 112947547) - 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

1992

Legal Domicile

Principal Officer

RAYMOND KOLB

Phone

6314735020

Tax Period

2023-01-01 to 2023-12-31

TERRYVILLE FIRE DEPARTMENT INC, founded in 1992, is a micro nonprofit in the Public Safety sector that reported $98K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $94K left a modest 4% surplus.

Mission

THE TERRYVILLE FIRE DEPARTMENT IS AN ALL VOLUNTEER ORGANIZATION WHICH PROVIDES FIREFIGHTING AND RESCUE, EDUCATION AND PREVENTION SERVICES, EMS AND OTHER ACTIVITIES AS DEEMED IN THE BEST INTEREST OF THE CITIZENS OF THE COMMUNITY.

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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 $1,200

Program Service Revenue $0

Investment Income $10,764

Other Revenue $86,195

TOTAL REVENUE $98,159

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,000

Fundraising Expenses $0

Program Expenses $74,151

Other Expenses $90,987

TOTAL EXPENSES $93,987

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,159	$146,131	-0.3%
Expenses	$93,987	$88,504	+0.1%
Net Income	$4,172	$57,627	-0.9%

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

N/A

Volunteers

150

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

$3,000

Total Directors

$3,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND KOLB	CHIEF	15.00	Officer Director	$0	$0	$0
WILLIAM WOLF	CHAIRMAN	10.00	Officer Director	$0	$0	$0
JOHN KULESA	TREASURER	5.00	Officer Director	$3,000	$0	$3,000

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
2024	No data	No data	No data	No data
2023	$98,159	$93,987	$675,961	$4,172
2022	$146,131	$88,504	$630,966	$57,627
2021	$123,479	$69,010	$660,924	$54,469
2020	$33,059	$34,078	$589,913	$-1,019
2019	$124,997	$74,570	$573,144	$50,427
2018	$121,276	$87,972	$479,006	$33,304

TERRYVILLE FIRE DEPARTMENT INC