HARROD VOLUNTEER FIRE FIGHTERS INC (EIN 341390594) - 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

1949

Legal Domicile

Principal Officer

LOUANNE DRAY

Phone

4193713995

Tax Period

2023-01-01 to 2023-12-31

HARROD VOLUNTEER FIRE FIGHTERS INC, founded in 1949, is a micro nonprofit in the Public Safety sector that reported $83K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $97K exceeded revenue, resulting in a 16% operating deficit.

Mission

FIREFIGHTING SERVICES, FIRE PREVENTION, INSPECTION, AND EDUCATION FOR THE RESIDENTS IN THE VICINITY OF HARROD.

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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 $82,872

Program Service Revenue $0

Investment Income $72

Other Revenue $0

TOTAL REVENUE $82,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,109

Other Expenses $96,566

TOTAL EXPENSES $96,566

Year-over-Year Comparison

	2023	2022	Change
Revenue	$82,944	$101,341	-0.2%
Expenses	$96,566	$121,549	-0.2%
Net Income	$-13,622	$-20,208	-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

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
LOUANNE DRAY	TRUSTEE	N/A	Director	$0	$0	$0
IAIN BRUCE	ASST. SECRET	N/A	Officer	$0	$0	$0
LYLE DRAY	ASSISTANT FI	N/A	Officer	$0	$0	$0
LYNN DRAY	FIRE CHIEF	N/A	Officer	$0	$0	$0
JEREMY HIGBIE	PRESIDENT	N/A	Officer	$0	$0	$0
JOHN RUMER	FIRE SECRETA	N/A	Officer	$0	$0	$0
SHANE RUMER	VICE PRESIDE	N/A	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	No data	No data	No data	No data
2023	$82,944	$96,566	$216,822	$-13,622
2022	$85,585	$121,549	$230,444	$-35,964
2021	$101,341	$105,683	$267,538	$-4,342
2020	$75,901	$106,791	$419,519	$-30,890
2019	$72,440	$111,357	$467,492	$-38,917
2018	$119,161	$120,920	$522,846	$-1,759

HARROD VOLUNTEER FIRE FIGHTERS INC