VICTORY FIRE CO NO 2 (EIN 231277746) - 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

1920

Legal Domicile

Principal Officer

THOMAS STEES

Phone

7178465202

Tax Period

2023-01-01 to 2023-12-31

VICTORY FIRE CO NO 2, founded in 1920, is a small nonprofit that reported $126K in total revenue in fiscal year 2023. Net assets of $254K represent 24 months of operating reserves.

Mission

MAINTAINING FIREHOUSE AND DONATION OF FIRE FIGHTING EQUIPMENT TO 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 $15,163

Program Service Revenue $6,000

Investment Income $3,434

Other Revenue $101,055

TOTAL REVENUE $125,652

Expense Breakdown

Grants Paid $2,700

Salaries & Benefits $67,263

Fundraising Expenses $0

Program Expenses $86,323

Other Expenses $59,184

TOTAL EXPENSES $129,147

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,652	$125,194	+0.0%
Expenses	$129,147	$141,890	-0.1%
Net Income	$-3,495	$-16,696	-0.8%

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

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

$30,560

Total Directors

$30,560

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS STEES	PRESIDENT	8.00	Officer Director	$8,160	$0	$8,160
KEVIN H SWOPE	TREASURER	8.00	Officer Director	$8,160	$0	$8,160
JOHN ALLEN	VP	7.00	Officer Director	$7,360	$0	$7,360
NAVIN MCWILLIAMS III	SECRETARY	6.50	Officer Director	$6,880	$0	$6,880

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	$125,652	$129,147	$253,792	$-3,495
2022	$125,194	$141,890	$257,280	$-16,696
2021	$140,923	$136,597	$273,924	$4,326
2020	$103,590	$125,347	$269,586	$-21,757
2019	$115,946	$122,047	$291,643	$-6,101
2018	$120,536	$191,502	$297,795	$-70,966

VICTORY FIRE CO NO 2