REPUBLIC VOLUNTEER FIRE COMPANY

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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

Phone

7242460611

Tax Period

2023-01-01 to 2023-12-31

REPUBLIC VOLUNTEER FIRE COMPANY, founded in 1960, is a small nonprofit in the Public Safety sector that reported $199K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Net assets of $519K represent 31 months of operating reserves.

Mission

TO PROVIDE FIRE PROTECTION TO THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $206,635 Revenue: $4,451

TO PROVIDE FIRE SAFETY AND PROTECTION TO THE RESIDENTS OF THE REPUBLIC COMMUNITY AND MUTUAL AID TO SURROUNDING COMMUNITIES

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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 $202,796

Program Service Revenue $6,358

Investment Income $0

Other Revenue $-10,088

TOTAL REVENUE $199,066

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $206,635

Other Expenses $206,635

TOTAL EXPENSES $206,635

Year-over-Year Comparison

	2023	2022	Change
Revenue	$199,066	$161,345	+0.2%
Expenses	$206,635	$71,832	+1.9%
Net Income	$-7,569	$89,513	-1.1%

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

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
DREW HARVILLA	PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT BOOKSHAR	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN DUKE	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMES BASHOUR	TREASURER	2.00	Officer Director	$0	$0	$0
GEORGE MATIS	FINANCIAL TREASURER	2.00	Officer 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	No data	No data	No data	No data
2023	$199,066	$206,635	$519,227	$-7,569
2022	$161,345	$71,832	$526,796	$89,513
2021	$9,600	$59,031	$437,283	$-49,431
2020	$49,782	$59,354	$486,716	$-9,572
2019	$76,711	$78,047	$496,288	$-1,336