Needham Community Volunteer Fire Dept Inc (EIN 356045844) - 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

1963

Legal Domicile

Principal Officer

Garrett Wood

Phone

3177364343

Tax Period

2023-01-01 to 2023-12-31

Needham Community Volunteer Fire Dept Inc, founded in 1963, is a small nonprofit in the Public Safety sector that reported $830K in total revenue in fiscal year 2023. Revenue surged 142% from the prior year, signaling strong growth momentum. The organization ran a surplus of $204K, a strong 25% operating margin.

Mission

To provide fire protection and emergency medical services to the assigned fire district.

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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 $829,985

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $829,985

Expense Breakdown

Grants Paid $0

Salaries & Benefits $349,170

Fundraising Expenses $0

Program Expenses $594,951

Other Expenses $276,679

TOTAL EXPENSES $625,849

Year-over-Year Comparison

	2023	2022	Change
Revenue	$829,985	$343,137	+1.4%
Expenses	$625,849	$421,721	+0.5%
Net Income	$204,136	$-78,584	-3.6%

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

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

$63,188

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Garrett Wood	President/Treasurer	4.00	Director	$0	$0	$16,964
Dennis Mahler	Secretary	1.00	Director	$0	$0	$10,834
David Wood	Member	1.00	Director	$0	$0	$0
Jarrett Hensley	Member	1.00	Director	$0	$0	$35,390
Ryan Slevin	Member	1.00	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
2024	No data	No data	No data	No data
2023	$829,985	$625,849	$995,711	$204,136
2022	$343,137	$421,721	$773,537	$-78,584
2021	$343,794	$399,345	$820,571	$-55,551
2020	$343,448	$350,936	$874,283	$-7,488
2019	$295,738	$309,454	$788,288	$-13,716
2018	$246,492	$331,242	$781,239	$-84,750

Needham Community Volunteer Fire Dept Inc