LAFFERTY VOLUNTEER FIRE DEPARTMENT

EIN: 341454409 501(c)(3) Public Safety

LAFFERTY, OH

Total Revenue
$214,571
Total Expenses
$214,571
Total Assets
$438,050
Net Assets
$438,050
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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
1970
Legal Domicile
OH
Phone
7409683016
Tax Period
2024-07-01 to 2025-06-30

LAFFERTY VOLUNTEER FIRE DEPARTMENT, founded in 1970, is a small nonprofit in the Public Safety sector that reported $215K in total revenue in fiscal year 2024. Net assets of $438K represent 24 months of operating reserves.

Mission

PROVIDE EMERGENCY ASSISTANCE TO A RURAL AREA

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $209,388
Investment Income $0
Other Revenue $5,183
TOTAL REVENUE $214,571

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,076
Fundraising Expenses $0
Program Expenses $61,907
Other Expenses $159,495
TOTAL EXPENSES $214,571

Year-over-Year Comparison

2024 2023 Change
Revenue $214,571 $205,347 +0.0%
Expenses $214,571 $205,347 +0.0%
Net Income $0 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

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Governance

Voting Members
4
Independent Members
N/A
Employees
7
Volunteers
15

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DUSTIN HUDAK PRESIDENT 4.00
Officer
$0 $0 $0
KENT LITZENBERGE SECRETARY 4.00
Officer
$0 $0 $0
DIANE HUDAK TREASURER 4.00
Officer
$0 $0 $0
LARRY ZELENSKI VICE PRESIDENT 4.00
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
2025 $214,571 $214,571 $438,050 No data
2024 $205,347 $205,347 $438,050 No data
2023 $163,005 $163,005 $438,050 No data
2022 $175,718 $175,718 $438,050 No data
2021 $319,933 $142,540 $438,050 $177,393
2020 $151,282 $119,903 $331,353 $31,379
2019 $99,398 $142,493 $299,974 $-43,095
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