Argyle Volunteer Fire District

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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

1963

Legal Domicile

Principal Officer

Donna Robichaux

Phone

9404647102

Tax Period

2024-10-01 to 2025-09-30

Argyle Volunteer Fire District, founded in 1963, is a micro nonprofit that reported $11K in total revenue in fiscal year 2024. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $55K exceeded revenue, resulting in a 415% operating deficit.

Mission

Provide both emergency medical services as well as fire protection to designated service area.

Program Service Accomplishments

Program 1

Expenses: $7,500

Argyle Volunteer Fire District provides both emergency medical services as well as fire protection to the citizens in its service 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $7,628

Other Revenue $3,018

TOTAL REVENUE $10,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,500

Other Expenses $54,843

TOTAL EXPENSES $54,843

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,646	$1,520,606	-1.0%
Expenses	$54,843	$116,972	-0.5%
Net Income	$-44,197	$1,403,634	-1.0%

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	Role	Reportable Comp	Other Comp	Total
Donna Robichaux	Secretary	Officer	$0	$0	$0
Jared Harwell	President	Officer	$0	$0	$0
Richard Merrill	Treasuer	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
2025	$10,646	$54,843	$66,933	$-44,197
2024	$1,520,606	$116,972	$211,130	$1,403,634
2023	$3,843,268	$3,989,504	$797,256	$-146,236
2022	$6,221,783	$7,674,289	$192,869	$-1,452,506
2021	$6,092,766	$5,985,231	$3,458,816	$107,535
2021	$6,391,283	$6,367,083	$3,347,610	$24,200
2020	$5,935,186	$5,499,244	$3,607,278	$435,942
2019	$4,632,549	$4,460,207	$3,777,953	$172,342
2018	$3,296,317	$3,477,919	$3,821,547	$-181,602