CHESAPEAKE BEACH FIRE & VOLUNTEER … - 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

1947

Legal Domicile

Principal Officer

JEANETTE MANZER

Phone

7573857304

Tax Period

2024-01-01 to 2024-12-31

CHESAPEAKE BEACH FIRE & VOLUNTEER RESCUE DEPT INC, founded in 1947, is a small nonprofit in the Public Safety sector that reported $223K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $251K exceeded revenue, resulting in a 13% operating deficit.

Mission

PROVIDE VOLUNTEER FIRE AND EMERGENCY RESCUE SERVICES TO THE GENERAL PUBLIC OF THE CITY OF VIRGINIA BEACH, VIRGINIA.

Program Service Accomplishments

Program 1

Expenses: $227,117

PROVIDE VOLUNTEER FIRE AND EMERGENCY RESCUE SERVICES TO THE GENERAL PUBLIC OF THE CITY OF VIRGINIA BEACH, VIRGINIA.

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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 $204,973

Program Service Revenue $0

Investment Income $17,769

Other Revenue $0

TOTAL REVENUE $222,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $14,610

Program Expenses $227,117

Other Expenses $250,950

TOTAL EXPENSES $250,950

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,742	$190,073	+0.2%
Expenses	$250,950	$221,800	+0.1%
Net Income	$-28,208	$-31,727	-0.1%

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
MICHAEL MCCRAKEN	CAPTAIN	25.00	Officer Director	$0	$0	$0
JEANETTE MANZER	PRESIDENT	1.00	Officer Director	$0	$0	$0
ELSBETH THURSTON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KASCHA HOMONTOWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
LISA SCRIVANICH	SECRETARY	1.00	Officer Director	$0	$0	$0
LAURA MCFIE	MEMBER-AT-LA	1.00	Director	$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	No data	No data	No data	No data
2024	$222,742	$250,950	$1,290,441	$-28,208
2023	$190,073	$221,800	$966,441	$-31,727
2022	$324,699	$219,301	$1,038,960	$105,398
2021	$285,042	$168,408	$974,354	$116,634
2020	$64,106	$184,811	$939,304	$-120,705
2019	$371,255	$156,389	$1,060,009	$214,866
2018	$48,215	$86,934	$845,143	$-38,719
2017	$207,858	$86,829	$905,291	$121,029

CHESAPEAKE BEACH FIRE & VOLUNTEER RESCUE DEPT INC