Farmington Township Volunteer Fire Company (EIN 251763098) - 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

1994

Legal Domicile

Principal Officer

Adam Wolbert

Phone

8147448524

Tax Period

2024-01-01 to 2024-12-31

Farmington Township Volunteer Fire Company, founded in 1994, is a small nonprofit in the Public Safety sector that reported $180K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 22% operating margin.

Mission

Raise the nessary funds to provide equipment and training for a volunteer fire department that is able to respond to all emergency fire and accident calls in Farmington, Knox and Highland Townships, Clarion County

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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 $120,413

Program Service Revenue $0

Investment Income $4,920

Other Revenue $54,308

TOTAL REVENUE $179,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $140,064

Other Expenses $140,064

TOTAL EXPENSES $140,064

Year-over-Year Comparison

	2024	2023	Change
Revenue	$179,641	$141,574	+0.3%
Expenses	$140,064	$93,132	+0.5%
Net Income	$39,577	$48,442	-0.2%

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
Adam Wolbert	President	006.00	Officer Director	$0	$0	$0
Robert Wielock	Vice President	006.00	Officer Director	$0	$0	$0
Matt Heasley	Secretary	006.00	Officer Director	$0	$0	$0
Ryan Lencer	Treasurer	006.00	Officer Director	$0	$0	$0
Henry Karg	Director	002.00	Director	$0	$0	$0
Walter Karg	Director	002.00	Director	$0	$0	$0
Henry Lencer	Director	002.00	Director	$0	$0	$0
Carl Kahle	Director	002.00	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	$179,641	$140,064	$397,607	$39,577

Farmington Township Volunteer Fire Company