NORMALVILLE VOLUNTEER FIRE DEPARTM… - 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

1974

Legal Domicile

Principal Officer

DOUGLAS MEYERS

Phone

7244553509

Tax Period

2024-01-01 to 2024-12-31

NORMALVILLE VOLUNTEER FIRE DEPARTMENT, founded in 1974, is a small nonprofit in the Health Care sector that reported $151K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 40% operating margin.

Mission

FIRE PREVENTION AND PROTECTION FOR RESIDENTS OF THE NORMALVILLE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $90,901

MAINTENANCE OF FIRE FIGHTING EQUIPMENT AND NORMAL EXPENSES THAT ARE NECESSARY TO THE BUSINESS OF FIRE PREVENTION AND PROTECTION OF THE NORMALVILLE AREA AND NORTHERN PORTION OF SPRINGFIELD TWP.

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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 $124,065

Program Service Revenue $0

Investment Income $358

Other Revenue $26,242

TOTAL REVENUE $150,665

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,901

Other Expenses $90,901

TOTAL EXPENSES $90,901

Year-over-Year Comparison

	2024	2023	Change
Revenue	$150,665	$123,999	+0.2%
Expenses	$90,901	$148,733	-0.4%
Net Income	$59,764	$-24,734	-3.4%

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
ROBERT AINSLEY	PRESIDENT	10.00	Director	$0	$0	$0
RHONDA FISHER	RECORDING SECRETARY	10.00	Director	$0	$0	$0
HEATHER HENRY	TREASURER	10.00	Director	$0	$0	$0
DOUGLAS MEYERS	VICE PRESIDENT	20.00	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	$150,665	$90,901	$184,936	$59,764
2023	$123,999	$148,733	$151,731	$-24,734
2022	$140,906	$87,032	$204,015	$53,874
2021	$104,404	$109,649	$178,616	$-5,245
2020	$146,272	$147,225	$210,524	$-953

NORMALVILLE VOLUNTEER FIRE DEPARTMENT