Triangle 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

1993

Legal Domicile

Principal Officer

Daniel Hibbard

Phone

6076924412

Tax Period

2024-01-01 to 2024-12-31

Triangle Volunteer Fire Company, founded in 1993, is a small nonprofit in the Public Safety sector that reported $130K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $116K left a modest 11% surplus.

Mission

OFFICERS AND FIREFIGHTERS OF THE TRIANGLE VOLUNTEER FIRE COMPANY ARE DEDICATED TO THE PRIORITIES OF LIFE SAFETY, INCIDENT STABALIZATION AND PROPERTY

Program Service Accomplishments

Program 1

Expenses: $115,532 Revenue: $129,801

PROGRAM SERVICE REVENUE FROM THE TOWN OF TRIANGLE FOR FIRE AND EMERGENCY SERVICES.

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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 $570

Program Service Revenue $119,124

Investment Income $0

Other Revenue $10,107

TOTAL REVENUE $129,801

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,532

Other Expenses $115,532

TOTAL EXPENSES $115,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$129,801	$117,721	+0.1%
Expenses	$115,532	$99,630	+0.2%
Net Income	$14,269	$18,091	-0.2%

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

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
ANDREW JOHNSTON	PRESIDENT	3.00	Director	$0	$0	$0
DANIEL HIBBARD	TREASURER	3.00	Director	$0	$0	$0
TRACI HEWLETT	SECRETARY	3.00	Director	$0	$0	$0
DAVE SAMPSON	TRUSTEE	2.00	Director	$0	$0	$0
CHRIS RYAN	TRUSTEE	2.00	Director	$0	$0	$0
RYAN THORPE	TRUSTEE	2.00	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
2024	$129,801	$115,532	$155,008	$14,269
2023	$117,721	$99,630	$151,912	$18,091
2022	$113,463	$93,872	$178,517	$19,591
2021	$134,370	$70,355	$1,014,992	$64,015
2020	$109,429	$92,661	$1,005,002	$16,768
2019	$109,178	$88,897	$1,019,977	$20,281
2018	$105,930	$108,504	$953,542	$-2,574