Ryan Township 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

1940

Legal Domicile

Principal Officer

Angela Price

Phone

5704672416

Tax Period

2024-01-01 to 2024-12-31

Ryan Township Fire Company, founded in 1940, is a small nonprofit in the Public Safety sector that reported $236K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $215K left a modest 9% surplus.

Mission

The organizations mission to protect the life and property of residents of Ryan Township and surrounding communities by providing fire suppression, rescue and medical services.

Program Service Accomplishments

Program 1

Expenses: $215,044

The Ryan Township Fire Company responded to 215 emergency calls during 2024. The majority of the calls consisted of 45 structure fires and 76 motor vehicle accidents.

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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 $73,176

Program Service Revenue $0

Investment Income $6

Other Revenue $162,819

TOTAL REVENUE $236,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $215,044

Other Expenses $215,044

TOTAL EXPENSES $215,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$236,001	$328,901	-0.3%
Expenses	$215,044	$325,959	-0.3%
Net Income	$20,957	$2,942	+6.1%

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

130

Independent Members

130

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
Charles Smulligan	Trustee	015.00	Director	$0	$0	$0
Fred Holman	Trustee	015.00	Director	$0	$0	$0
Mike Price	Trustee	015.00	Director	$0	$0	$0
Joe Oliva	President	015.00	Officer	$0	$0	$0
Roy Hicks	Vice President	015.00	Officer	$0	$0	$0
Thomas Price III	Secretary	015.00	Officer	$0	$0	$0
Angela Price	Treasurer	015.00	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	$236,001	$215,044	$1,049,486	$20,957
2023	$328,901	$325,959	$986,756	$2,942
2022	$157,584	$172,254	$965,337	$-14,670
2021	$224,975	$143,919	$540,876	$81,056
2020	$197,961	$116,028	$533,228	$81,933
2019	$151,469	$140,124	$495,123	$11,345
2018	$166,918	$152,770	$487,739	$14,148