VOLNEY VOLUNTEER FIRE CORP

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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

1948

Legal Domicile

Phone

3158063710

Tax Period

2024-01-01 to 2024-12-31

VOLNEY VOLUNTEER FIRE CORP, founded in 1948, is a small nonprofit in the Public Safety sector that reported $455K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $85K, a strong 19% operating margin.

Mission

PREVENT AND EXTINGUISH FIRES

Program Service Accomplishments

Program 1

Expenses: $251,100 Revenue: $444,517

PARTICIPATE IN THE PREVENTION AND EXTINGUISHMENT OF FIRES WITHIN THE TERRITORY OF THE CORPORATION, IN THE PROTECTION OF PERSONS FROM INJURY, LOSS, DAMAGE OR DESTRUCTION BY FIRE. TO ACQUIRE FIRE AND RESCUE APPARATUS FOR USE BY THE COPORATION. TO ANSWER OSWEGO COUNTY MUTUAL AID CALLS WITH AVAILABLE EQUIPMENT AND MAN POWER.

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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 $20,064

Program Service Revenue $381,296

Investment Income $20,062

Other Revenue $33,795

TOTAL REVENUE $455,217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $251,100

Other Expenses $370,147

TOTAL EXPENSES $370,147

Year-over-Year Comparison

	2024	2023	Change
Revenue	$455,217	$581,760	-0.2%
Expenses	$370,147	$326,701	+0.1%
Net Income	$85,070	$255,059	-0.7%

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

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
RICHARD BEACH	President	8.00	Director	$0	$0	$0
BRANDON ANGO	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY TARBELL	BOARD MEMBER	1.00	Director	$0	$0	$0
TYLER VBOSSELLER	1ST ASST CHIEF	8.00	Director	$0	$0	$0
BRIAN BONNELL IV	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN HAYDEN	CHIEF	1.00	Director	$0	$0	$0
DAVID ONEY	BOARD MEMBER	1.00	Director	$0	$0	$0
LEAH HILTS	Secretary	1.00	Director	$0	$0	$0
ADAM HOWARD	Vice President	6.00	Director	$0	$0	$0
ASHLEY BEACH	Secretary	1.00	Director	$0	$0	$0
CHRISTINA DIX	Treasurer	1.00	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	$455,217	$370,147	$1,328,982	$85,070
2023	$581,760	$326,701	$2,530,847	$255,059
2022	$479,864	$422,120	$2,104,353	$57,744
2021	$451,375	$274,633	$1,949,683	$176,742
2020	$440,838	$287,500	$1,802,618	$153,338
2019	$572,247	$325,008	$2,021,884	$247,239
2018	$462,945	$324,075	$2,000,191	$138,870