RICHWOOD, WV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RICHWOOD VOL FIRE DEPARTMENT INC, founded in 1986, is a small nonprofit that reported $136K in total revenue in fiscal year 2023. Expenses of $184K exceeded revenue, resulting in a 35% operating deficit.
To protect lives, property, and the environment against hazards, natural and manmade. This is achieved by identifying and preparing for the needs of the community, cost-effective allocation of resources, and promoting cooperative relationships. Excellence in training and education is utilized to create a dedicated volunteer and professional workforce through prudent fiscal management. These attributes work together to provide a high level of fire prevention, fire suppression, rescue, emergency medical care, and related services to all the citizens, businesses and visitors, and provide mutual aid as available to surrounding fire districts through continuous improvement, timely risk assessment, professional development, robust training and dedication to the community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $135,864 | $127,830 | +0.1% |
| Expenses | $184,082 | $141,411 | +0.3% |
| Net Income | $-48,218 | $-13,581 | +2.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Pat Facemire | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| Ian Gladwell | Treasurer | 0.00 |
Director
|
$0 | $0 | $0 |
| Tommy Coleman | Chief | 0.00 |
Officer
|
$0 | $0 | $0 |
| Jimmy Gladwell | Vice President | 0.00 |
Officer
|
$0 | $0 | $0 |
| Mike Spencer | President | 0.00 |
Officer
|
$0 | $0 | $0 |
| Jimmy Cornell | Board Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $135,864 | $184,082 | $462,626 | $-48,218 |
Compare RICHWOOD VOL FIRE DEPARTMENT INC with other nonprofits in West Virginia and across the country.