Minford Volunteer Fire Department

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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

1948

Legal Domicile

Principal Officer

Christine Goddard

Phone

7402851143

Tax Period

2025-01-01 to 2025-12-31

Minford Volunteer Fire Department, founded in 1948, is a small nonprofit that reported $274K in total revenue in fiscal year 2025. The organization ran a surplus of $67K, a strong 24% operating margin.

Mission

Fire fighting and fire prevention in Madison and Harrison Townships, in Scioto County, OH

Program Service Accomplishments

Program 1

Expenses: $207,430 Revenue: $274,185

Fire fighting and fire prevention in Madison and Harrison Townships, in Scioto County, OH

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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 (2025)

Revenue Breakdown

Contributions & Grants $43,472

Program Service Revenue $224,000

Investment Income $1,403

Other Revenue $5,313

TOTAL REVENUE $274,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $207,430

Other Expenses $207,430

TOTAL EXPENSES $207,430

Year-over-Year Comparison

	2025	2024	Change
Revenue	$274,188	$260,317	+0.1%
Expenses	$207,430	$225,296	-0.1%
Net Income	$66,758	$35,021	+0.9%

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
Chris McCleese	President	1.00	Officer	$0	$0	$0
Vacant	Vice President	1.00	Officer	$0	$0	$0
Linda Thompson	Secretary	1.00	Officer	$0	$0	$0
Christine Goddard	Treasurer	1.00	Officer	$0	$0	$0
Cody Compton	Trustee	N/A	Director	$0	$0	$0
Wes Siebert	Trustee	N/A	Director	$0	$0	$0
Shaun Richardson	Trustee	N/A	Director	$0	$0	$0
Craig Conkell	Fire Chief	N/A	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
2025	$274,188	$207,430	$2,598,238	$66,758
2024	No data	No data	No data	No data
2023	$241,719	$97,164	$2,496,574	$144,555
2022	$212,554	$111,523	$2,317,019	$101,031
2021	$222,615	$117,720	$2,215,988	$104,895
2020	$228,770	$191,152	$2,111,093	$37,618
2019	$226,564	$246,391	$2,073,476	$-19,827
2018	$238,837	$188,568	$2,093,672	$50,269