WRIGHT TWP VOLUNTEER FIREMAN'S ASS… - Form 990 Financial Data

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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

1955

Legal Domicile

Principal Officer

CHARLES HELMBOLD

Phone

5704176620

Tax Period

2024-01-01 to 2024-12-31

WRIGHT TWP VOLUNTEER FIREMAN'S ASSOCIATION, founded in 1955, is a small nonprofit that reported $711K in total revenue in fiscal year 2024. The organization ran a surplus of $246K, a strong 35% operating margin.

Mission

COMMUNITY FIRE PROTECTION

Program Service Accomplishments

Program 1

Expenses: $404,666 Revenue: $0

THE WRIGHT TOWNSHIP VOLUNTEER FIREMANS ASSOCIATION PROVIDES FIRE EMERGENCY AND MISCELLANEOUS SERVICES FOR THE RESIDENTS OF WRIGHT TOWNSHIP AND ITS MUNICIPAL GOVERNMENT. IN 2013, IT BEGAN SERVICING...

THE WRIGHT TOWNSHIP VOLUNTEER FIREMANS ASSOCIATION PROVIDES FIRE EMERGENCY AND MISCELLANEOUS SERVICES FOR THE RESIDENTS OF WRIGHT TOWNSHIP AND ITS MUNICIPAL GOVERNMENT. IN 2013, IT BEGAN SERVICING NEIGHBORING RICE TWP AS WELL.

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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 $455,791

Program Service Revenue $0

Investment Income $13,992

Other Revenue $241,431

TOTAL REVENUE $711,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $218,656

Fundraising Expenses $2,872

Program Expenses $404,666

Other Expenses $246,530

TOTAL EXPENSES $465,186

Year-over-Year Comparison

	2024	2023	Change
Revenue	$711,214	$671,246	+0.1%
Expenses	$465,186	$527,096	-0.1%
Net Income	$246,028	$144,150	+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

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

$26,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY PRICE	PRESIDENT	15.00	Officer	$1,000	$0	$1,000
JOHN BROGLIN	VICE PRESIDENT	15.00	Officer	$0	$0	$0
DANETTE SHYBLOSKI	SECRETARY	15.00	Officer	$20,252	$0	$20,252
CHARLES HELMBOLD	TREASURER	15.00	Officer	$4,948	$0	$4,948

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	$711,214	$465,186	$3,218,198	$246,028
2023	$671,246	$527,096	$3,030,073	$144,150
2022	$403,975	$398,888	$2,940,008	$5,087
2021	$364,614	$228,250	$2,993,713	$136,364
2020	$281,141	$180,970	$2,864,095	$100,171
2019	$252,919	$174,605	$2,823,093	$78,314
2018	$365,479	$159,706	$2,785,184	$205,773

WRIGHT TWP VOLUNTEER FIREMAN'S ASSOCIATION