FORWARD TOWNSHIP VOLUNTEER FIRE COMPANY (EIN 237350485) - 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

1957

Legal Domicile

Principal Officer

JEFF BYLICKI

Phone

4123844411

Tax Period

2024-01-01 to 2024-12-31

FORWARD TOWNSHIP VOLUNTEER FIRE COMPANY, founded in 1957, is a micro nonprofit in the Public Safety sector that reported $71K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $68K left a modest 3% surplus.

Mission

VOLUNTEER FIRE COMPANY

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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 $56,962

Program Service Revenue $0

Investment Income $8,730

Other Revenue $4,815

TOTAL REVENUE $70,507

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,226

Program Expenses $0

Other Expenses $66,864

TOTAL EXPENSES $68,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$70,507	$47,168	+0.5%
Expenses	$68,090	$62,815	+0.1%
Net Income	$2,417	$-15,647	-1.2%

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

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
MIKE TRUMPE	PRESIDENT	2.00	Officer	$0	$0	$0
CODEY DURNEY	VICE PRESIDENT	2.00	Officer	$0	$0	$0
SARA TRUMPE	SECRETARY	2.00	Officer	$0	$0	$0
JEFF BYLICKI	TREASURER	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	$70,507	$68,090	$614,068	$2,417
2023	$47,168	$62,815	$611,651	$-15,647
2022	$39,747	$73,603	$646,878	$-33,856
2021	$68,572	$89,288	$686,132	$-20,716
2020	$255,644	$60,663	$706,848	$194,981

FORWARD TOWNSHIP VOLUNTEER FIRE COMPANY