COLERAIN VOLUNTEER FIRE COMPANY (EIN 341326966) - Form 990 Financial Analysis & Trantor Score

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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

GREGORY L PROBST

Phone

7406957266

Tax Period

2023-01-01 to 2023-12-31

COLERAIN VOLUNTEER FIRE COMPANY, founded in 1948, is a small nonprofit that reported $788K in total revenue in fiscal year 2023. The organization ran a surplus of $225K, a strong 29% operating margin.

Mission

VOLUNTEER FIRE DEPARTMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $670,135

Program Service Revenue $112,264

Investment Income $6,006

Other Revenue $0

TOTAL REVENUE $788,405

Expense Breakdown

Grants Paid $0

Salaries & Benefits $268,804

Fundraising Expenses $0

Program Expenses $563,288

Other Expenses $294,484

TOTAL EXPENSES $563,288

Year-over-Year Comparison

	2023	2022	Change
Revenue	$788,405	$765,865	+0.0%
Expenses	$563,288	$432,796	+0.3%
Net Income	$225,117	$333,069	-0.3%

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

N/A

Employees

Volunteers

N/A

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

$56,898

Total Directors

$83,778

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TY WILSON	PRESIDENT	20.00	Officer Director	$26,898	$0	$26,898
GREGORY L PROBST	FIRE CHIEF	20.00	Director	$26,880	$0	$26,880
AARON M PETERSEN	VICE-PRESIDE	20.00	Officer Director	$23,280	$0	$23,280
EMILY A PETERSEN	SECRETARY	10.00	Officer Director	$6,720	$0	$6,720

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	No data	No data	No data	No data
2023	$788,405	$563,288	$1,380,506	$225,117
2022	$765,865	$432,796	$1,337,348	$333,069
2021	$540,804	$490,772	$1,028,166	$50,032
2020	$541,912	$407,699	$1,073,659	$134,213
2019	$650,204	$489,740	$711,216	$160,464
2018	$574,527	$575,963	$758,091	$-1,436

COLERAIN VOLUNTEER FIRE COMPANY