Converse Volunteer Fire Department

EIN: 356043047 501(c)(3) Public Safety

Converse, IN

Total Revenue
$125,949
Total Expenses
$70,837
Total Assets
$515,489
Net Assets
$515,489
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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
1950
Legal Domicile
IN
Principal Officer
Linda Dever
Tax Period
2025-01-01 to 2025-12-31

Converse Volunteer Fire Department, founded in 1950, is a small nonprofit in the Public Safety sector that reported $126K in total revenue in fiscal year 2025. The organization ran a surplus of $55K, a strong 44% operating margin.

Mission

Fire & Rescue service for community made up of four partial counties

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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 (2025)

Revenue Breakdown

Contributions & Grants $109,666
Program Service Revenue $0
Investment Income $8,821
Other Revenue $7,462
TOTAL REVENUE $125,949

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $29,391
Other Expenses $70,837
TOTAL EXPENSES $70,837

Year-over-Year Comparison

2025 2024 Change
Revenue $125,949 N/A N/A
Expenses $70,837 N/A N/A
Net Income $55,112 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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
20

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Victor Short President 10.00
$0 $0 $0
Peyton Bowland Vice President 5.00
$0 $0 $0
Jason Bowland Fire Chief 10.00
$0 $0 $0
Kevin Warnock Asst Chief 5.00
$0 $0 $0
Greg Warnock Secretary 5.00
$0 $0 $0
Kenny Herschberger Asst Chief #2 5.00
$0 $0 $0
Linda Dever Treasurer 5.00
$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 $125,949 $70,837 $515,489 $55,112
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