HOPE VOLUNTEER FIRE DEPARTMENT INC (EIN 237294356) - 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

1960

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

HOPE VOLUNTEER FIRE DEPARTMENT INC, founded in 1960, is a small nonprofit in the Health Care sector that reported $161K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $234K exceeded revenue, resulting in a 46% operating deficit.

Mission

PROVIDE VOLUNTEER FIRE AND EMS SERVICES TO PROPERTY OWNERS IN THE HOPE, IN AND SURROUNDING AREA

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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 $159,069

Program Service Revenue $0

Investment Income $108

Other Revenue $1,449

TOTAL REVENUE $160,626

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $233,810

TOTAL EXPENSES $233,810

Year-over-Year Comparison

	2023	2022	Change
Revenue	$160,626	$272,582	-0.4%
Expenses	$233,810	$318,062	-0.3%
Net Income	$-73,184	$-45,480	+0.6%

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

N/A

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
CHAD EMMETT	FIRE CHIEF	5.00	Director	$0	$0	$0
BRUCE NEAL	DIRECTOR	5.00	Director	$0	$0	$0
ADAM MATHIS	ASST CHIEF	5.00	Director	$0	$0	$0
CHRIS ALLEN	ASST CHIEF	5.00	Director	$0	$0	$0
JESSICA BARRETT	EMS CHIEF	5.00	Director	$0	$0	$0
MATT HARTMAN	DIRECTOR	5.00	Director	$0	$0	$0
TREVOR POTTS	VICE PRESIDENT	10.00	Officer	$0	$0	$0
TOM BARRETT	PRESIDENT	10.00	Officer	$0	$0	$0
SKYLER HOLLIN	SECRETARY	10.00	Officer	$0	$0	$0
ED COTTRELL	TREASURER	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	No data	No data	No data	No data
2023	$160,626	$233,810	$817,437	$-73,184
2022	$272,582	$318,062	$987,522	$-45,480
2021	$190,107	$334,710	$1,018,173	$-144,603
2020	$201,151	$253,117	$1,207,613	$-51,966
2019	$145,423	$241,823	$1,150,938	$-96,400

HOPE VOLUNTEER FIRE DEPARTMENT INC