DARLINGTON VOLUNTEER FIRE COMPANY

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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

1955

Legal Domicile

Principal Officer

NIKKI ROSE

Phone

7244541904

Tax Period

2024-01-01 to 2024-12-31

DARLINGTON VOLUNTEER FIRE COMPANY, founded in 1955, is a small nonprofit that reported $985K in total revenue in fiscal year 2024. Revenue surged 873% from the prior year, signaling strong growth momentum. Expenses of $886K left a modest 10% surplus.

Mission

OPERATION OF A VOLUNTEER FIRE COMPANY

Program Service Accomplishments

Program 1

Expenses: $878,375 Revenue: $0

FURNISHING FIRE PROTECTION AND MAINTAINING FIRE HALL BUILDING AND EQUIPMENT. EQUIPMENT IS USED ONLY FOR THIS PURPOSE AND INCIDENTAL USE OF THE BUILDING IS LIMITED.

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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 $843,751

Program Service Revenue $0

Investment Income $21,117

Other Revenue $120,106

TOTAL REVENUE $984,974

Expense Breakdown

Grants Paid $6,380

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $878,375

Other Expenses $879,931

TOTAL EXPENSES $886,311

Year-over-Year Comparison

	2024	2023	Change
Revenue	$984,974	$101,225	+8.7%
Expenses	$886,311	$85,053	+9.4%
Net Income	$98,663	$16,172	+5.1%

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

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
CHRISTOPHER IVORY	PRESIDENT	5.00	Officer	$0	$0	$0
RAMON MCGONIGLE	VICE PRESIDENT	5.00	Officer	$0	$0	$0
PATRICK MCDOWELL	SECRETARY	5.00	Officer	$0	$0	$0
NICHOLE ROSE	TREASURER	5.00	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
2025	No data	No data	No data	No data
2024	$984,974	$886,311	$424,164	$98,663
2023	$101,225	$85,053	$354,465	$16,172
2022	$149,269	$85,421	$365,360	$63,848
2021	$226,453	$97,245	$1,940,719	$129,208
2020	$117,424	$72,036	$1,662,535	$45,388
2019	$100,997	$41,942	$1,617,147	$59,055
2018	$275,046	$37,361	$1,558,092	$237,685