Bullskin Township Volunteer Fire C… - 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

1960

Legal Domicile

Principal Officer

Calvin Price

Phone

7248870566

Tax Period

2024-01-01 to 2024-12-31

Bullskin Township Volunteer Fire Company Relief Association, founded in 1960, is a micro nonprofit that reported $30K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $9K, a strong 29% operating margin.

Mission

The organization maintains and purchases equipment for the Bullskin Township Fire Department. All funds can be used only for the purpose.

Program Service Accomplishments

Program 1

Expenses: $21,552 Revenue: $30,235

The Bullskin Relief Association maintains and purchases machinery and equipment for the Bullskin Volunteer Fire Company. These funds cannot be used for any other purposes.

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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 $30,235

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $30,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,552

Other Expenses $21,552

TOTAL EXPENSES $21,552

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,235	$41,385	-0.3%
Expenses	$21,552	$42,971	-0.5%
Net Income	$8,683	$-1,586	-6.5%

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
Brad Gillott	President	1.00	Officer	$0	$0	$0
Adam Miller	Vice President	1.00	Officer	$0	$0	$0
Thomas Kendi	Secretary	1.00	Officer	$0	$0	$0
Calvin Price	Treasurer	1.00	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	$30,235	$21,552	$142,740	$8,683
2023	$41,385	$42,971	$134,057	$-1,586
2022	$39,372	$35,144	$146,076	$4,228
2021	$32,650	$25,527	$156,351	$7,123
2020	$51,356	$38,555	$149,395	$12,801
2019	$40,250	$83,126	$151,102	$-42,876
2018	$118,272	$87,529	$225,805	$30,743

Bullskin Township Volunteer Fire Company Relief Association