GREELEY VOLUNTEER FIRE DEPARTMENT I

EIN: 246023897

GREELEY, PA

Total Revenue
$228,605
Total Expenses
$269,498
Total Assets
$241,038
Net Assets
$29
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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
PA
Principal Officer
BILLY MCKINNELL
Phone
5706857537
Tax Period
2024-01-01 to 2024-12-31

GREELEY VOLUNTEER FIRE DEPARTMENT I, founded in 1959, is a small nonprofit that reported $229K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $269K exceeded revenue, resulting in a 18% operating deficit.

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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $228,605
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $228,605

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,003
Fundraising Expenses $14,255
Program Expenses $226,469
Other Expenses $265,495
TOTAL EXPENSES $269,498

Year-over-Year Comparison

2024 2023 Change
Revenue $228,605 $313,988 -0.3%
Expenses $269,498 $250,016 +0.1%
Net Income $-40,893 $63,972 -1.6%
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

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Governance

Voting Members
7
Independent Members
7
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG HOSKINGS TREASURER N/A
Officer
$0 $0 $0
BILLY MCKINNELL PRESIDENT N/A
Officer
$0 $0 $0
NICOLE RAWLS SECRETARY N/A
Officer
$0 $0 $0
CHAD SHAFFER VICE PRESIDE N/A
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 $228,605 $269,498 $241,038 $-40,893
2023 $313,988 $250,016 $336,407 $63,972
2020 $181,770 $258,003 $440,340 $-76,233
2019 $130,840 $163,122 $533,928 $-32,282
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