WOOLRICH VOLUNTEER FIRE COMPANY NO 1 (EIN 237131122) - 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

1959

Legal Domicile

Principal Officer

BRIAN HOY

Phone

5706606014

Tax Period

2024-01-01 to 2024-12-31

WOOLRICH VOLUNTEER FIRE COMPANY NO 1, founded in 1959, is a small nonprofit in the Public Safety sector that reported $218K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 40% operating margin.

Mission

PROVIDE AND RESPOND TO MEDICAL EMERGENCIES, FIRES, SEARCH AND RESCUE MISSIONS AND OTHER COMMUNITY SERVICES NEEDED TO ENSURE SAFETY AND MEDICAL ATTENTION.

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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 $55,659

Program Service Revenue $56,453

Investment Income $105,350

Other Revenue $186

TOTAL REVENUE $217,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,110

Other Expenses $129,773

TOTAL EXPENSES $129,773

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217,648	$130,154	+0.7%
Expenses	$129,773	$97,222	+0.3%
Net Income	$87,875	$32,932	+1.7%

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

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
BRANDON COLEMAN	BOD/FIRE CHI	5.00	Officer Director	$0	$0	$0
JAMES HESS	FIN SECRETAR	2.00	Officer Director	$0	$0	$0
BRIAN HOY	PRESIDENT/BO	5.00	Officer Director	$0	$0	$0
TREVOR REEDER	BOD	1.00	Director	$0	$0	$0
DANE WHITE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
LAUREN HOY	TREASURER	2.00	Officer	$0	$0	$0
MARIAH KEPLER	SECRETARY	2.00	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	$217,648	$129,773	$2,050,375	$87,875
2023	$130,154	$97,222	$1,895,621	$32,932
2023	$130,154	$97,222	$1,895,621	$32,932
2022	$100,976	$82,413	$1,749,653	$18,563
2021	$113,144	$109,491	$1,853,215	$3,653
2020	$120,652	$115,756	$1,802,603	$4,896
2019	$91,835	$175,355	$1,759,400	$-83,520

WOOLRICH VOLUNTEER FIRE COMPANY NO 1