BEAR LAKE VOLUNTEER FIRE DEPT (EIN 251672997) - 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

1953

Legal Domicile

Principal Officer

TAMMY HEAD

Phone

8146644811

Tax Period

2024-01-01 to 2024-12-31

BEAR LAKE VOLUNTEER FIRE DEPT, founded in 1953, is a micro nonprofit in the Public Safety sector that reported $32K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8K, a strong 26% operating margin.

Mission

FIRE PROTECTION FOR BEAR LAKE BOROUGH & SURROUNDING AREA

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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 $10,010

Program Service Revenue $0

Investment Income $500

Other Revenue $21,841

TOTAL REVENUE $32,351

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,539

Other Expenses $23,877

TOTAL EXPENSES $23,877

Year-over-Year Comparison

	2024	2023	Change
Revenue	$32,351	$22,457	+0.4%
Expenses	$23,877	$24,664	0.0%
Net Income	$8,474	$-2,207	-4.8%

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
TIMOTHY WILLIS	PRESIDENT	3	Officer Director	$0	$0	$0
TOM DUNN	VICE-PRESIDENT	3	Officer Director	$0	$0	$0
BARBARA DUNN	SECRETARY	3	Officer Director	$0	$0	$0
BETHANY WATKIN	CO-TREASURER	5	Officer Director	$0	$0	$0
TAMMY HEAD	C0-TREASURER	5	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
2024	$32,351	$23,877	$62,620	$8,474
2023	$22,457	$24,664	$54,145	$-2,207
2022	$38,939	$46,541	$56,554	$-7,602
2021	$44,881	$28,967	$72,527	$15,914
2020	$36,193	$30,655	$67,470	$5,538
2019	$41,143	$46,610	$72,844	$-5,467
2018	$34,323	$33,643	$58,797	$680

BEAR LAKE VOLUNTEER FIRE DEPT