SPRINGVILLE 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

1944

Legal Domicile

Phone

5709650943

Tax Period

2024-01-01 to 2024-12-31

SPRINGVILLE VOLUNTEER FIRE COMPANY, founded in 1944, is a micro nonprofit in the Public Safety sector that reported $83K in total revenue in fiscal year 2024. Expenses of $155K exceeded revenue, resulting in a 87% operating deficit.

Mission

VOLUNTEER COMMUNITY FIRE COMPANY

Program Service Accomplishments

Program 1

Expenses: $154,629 Revenue: $82,710

ASSIST IN EXTINGUISHING FIRES THAT OCCUR IN THE SPRINGVILLE AREA AND ALL OTHER AREAS DESIGNATED AS THE FIRE COVERAGE TERRITORY OF THE SPRINGVILLE VOLUNTEER FIRE COMPANY AND TO ASSIST IN COMMUNITY...

ASSIST IN EXTINGUISHING FIRES THAT OCCUR IN THE SPRINGVILLE AREA AND ALL OTHER AREAS DESIGNATED AS THE FIRE COVERAGE TERRITORY OF THE SPRINGVILLE VOLUNTEER FIRE COMPANY AND TO ASSIST IN COMMUNITY EMERGENCIES INCLUDING MEDICAL EMERGENCIES.

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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 $74,550

Program Service Revenue $0

Investment Income $151

Other Revenue $8,009

TOTAL REVENUE $82,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $154,629

Other Expenses $154,629

TOTAL EXPENSES $154,629

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,710	N/A	N/A
Expenses	$154,629	N/A	N/A
Net Income	$-71,919	N/A	N/A

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
DOREEN YAKOSKI	TREASURER	10.00	Officer	$0	$0	$0
RON HOWELL	PRESIDENT	10.00	Officer	$0	$0	$0
JOHN DALY	VICE PRESIDENT	10.00	Officer	$0	$0	$0
ROBERT THORNE	FIRE CHIEF	10.00	Officer	$0	$0	$0
SETH KIRK	1ST ASST CHIEF	10.00	Officer	$0	$0	$0
CHARLIE COLE	FIRE POLICE CAPTAIN	10.00	Officer	$0	$0	$0
JIM WHITE	FIRE POLICE LT	10.00	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
2024	$82,710	$154,629	$1,255,066	$-71,919
2023	$277,441	$125,317	$1,239,300	$152,124
2022	$188,018	$108,342	$1,225,364	$79,676
2021	$120,765	$126,252	$805,068	$-5,487
2020	$138,087	$92,679	$856,014	$45,408
2019	$139,023	$170,966	$828,957	$-31,943
2018	$117,380	$131,870	$741,540	$-14,490