FREDONIA VOLUNTEER FIRE DEPARTMENT

EIN: 256051673

FREDONIA, PA

Total Revenue
$138,937
Total Expenses
$66,215
Total Assets
$1,785,140
Net Assets
$1,765,140
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
PA
Principal Officer
SUZETTE RINGER
Phone
7244752646
Tax Period
2024-01-01 to 2024-12-31

FREDONIA VOLUNTEER FIRE DEPARTMENT, founded in 1935, is a small nonprofit that reported $139K in total revenue in fiscal year 2024. The organization ran a surplus of $73K, a strong 52% operating margin.

Mission

FIRE FIGHTING AND RESCUE WORK PERFORMED BY UNPAID VOLUNTEERS.

Program Service Accomplishments

Program 1
Expenses: $55,871 Revenue: $7,529

PRIMARY SERVICE OF THE FIRE DEPARTMENT IS FIRE FIGHTING AND RESCUE WORK, AND RECRUITING VOLUNTEERS AND TRAINING THEM IN FIRE FIGHTING, FIRST AID AND RESCUE TECHNIQUES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $89,534
Program Service Revenue $0
Investment Income $3,039
Other Revenue $46,364
TOTAL REVENUE $138,937

Expense Breakdown

Grants Paid $0
Salaries & Benefits $700
Fundraising Expenses $0
Program Expenses $55,871
Other Expenses $65,515
TOTAL EXPENSES $66,215

Year-over-Year Comparison

2024 2023 Change
Revenue $138,937 $143,002 0.0%
Expenses $66,215 $82,085 -0.2%
Net Income $72,722 $60,917 +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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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
25

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
4
$700
Total Directors
4
$700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM H RINGER JR PRESIDENT 0.50
Officer Director
$0 $0 $0
THOMAS HANNA VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
SUZETTE RINGER TREASURER AND SECRETARY 7.50
Officer Director
$700 $0 $700
DAN MCBRIDE FIRE CHIEF 5.00
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
2024 $138,937 $66,215 $1,785,140 $72,722
2023 $143,002 $82,085 $1,758,418 $60,917
2022 $109,098 $56,251 $1,712,501 $52,847
2021 $132,529 $101,855 $1,674,654 $30,674
2020 $133,763 $50,633 $1,659,980 $83,130
2019 $114,275 $45,044 $1,590,850 $69,231
2018 $65,116 $45,075 $1,535,619 $20,041
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