VOLUNTEER FIREMEN OF RARDEN FIRE

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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

1977

Legal Domicile

Principal Officer

BRAD SOUTH

Phone

7403520040

Tax Period

2024-01-01 to 2024-12-31

VOLUNTEER FIREMEN OF RARDEN FIRE, founded in 1977, is a small nonprofit that reported $236K in total revenue in fiscal year 2024. The organization ran a surplus of $213K, a strong 90% operating margin.

Mission

PROVIDES FINANCIAL SUPPORT FOR THE PURCHASE AND MAINTENANCE OFEQUIPMENT AND OPERATIONS OF TH VOLUNTEER FIRE DEPARTMENT LOCATEDIN THE VILLAGE OF RARDEN

Program Service Accomplishments

Program 1

Expenses: $22,922 Revenue: $259,231

PROVIDES THE FINANCIAL SUPPORT FOR THE PURCHASE AND MAINTENANCE OF EQUIPMENT AND OPERATIONS OF THE VOLUNTEER FIRE DEPARTMENT LOCATED IN THE VILLAGE OF RARDEN

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $236,309

TOTAL REVENUE $236,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,922

Other Expenses $22,922

TOTAL EXPENSES $22,922

Year-over-Year Comparison

	2024	2023	Change
Revenue	$236,309	N/A	N/A
Expenses	$22,922	N/A	N/A
Net Income	$213,387	N/A	N/A

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
BRAD SOUTH	PRESIDENT	2.00	Officer	$0	$0	$0
ANNETTE JOHNSON	TREASURER	2.00	Officer	$0	$0	$0
JULIE O BRYANT	SECRETARY	2.00	Officer	$0	$0	$0
BRUCE SOUTH	VICE PRESIDENT	0.00	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	$236,309	$22,922	$229,904	$213,387
2023	$160,085	$18,883	$159,515	$141,202
2022	$2,934	$2,330	$18,313	$604
2020	$8,492	$21,158	$23,389	$-12,666
2019	$21,461	$36,317	$36,055	$-14,856
2018	$31,969	$21,448	$50,911	$10,521