BEDFORD VOLUNTEER FIRE DEPARTMENT INC

EIN: 383915723 501(c)(3) Public Safety

BEDFORD, KY

Total Revenue
$132,129
Total Expenses
$87,984
Total Assets
$622,870
Net Assets
$622,870
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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
1962
Legal Domicile
KY
Principal Officer
WILLIAM MCCOY
Phone
5022557529
Tax Period
2024-08-01 to 2025-07-31

BEDFORD VOLUNTEER FIRE DEPARTMENT INC, founded in 1962, is a small nonprofit in the Public Safety sector that reported $132K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $44K, a strong 33% operating margin.

Mission

VOLUNTEER FIRE DEPARMENT

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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 $132,129
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $132,129

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $87,984
TOTAL EXPENSES $87,984

Year-over-Year Comparison

2024 2023 Change
Revenue $132,129 $94,129 +0.4%
Expenses $87,984 $119,870 -0.3%
Net Income $44,145 $-25,741 -2.7%
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
17
Independent Members
17
Employees
N/A
Volunteers
17

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
WILLIAM MCCOY CHEIF 40.00
Officer
$0 $0 $0
JEFFERY WRIGHT ASSISTANT CHEIF 35.00
Officer
$0 $0 $0
JEREMY YOWLER FIRE PREVENTION/SAFETY OFFICER 20.00
Officer
$0 $0 $0
RANDALL SMITH MAINTENANCE OFFICER 20.00
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 $132,129 $87,984 $622,870 $44,145
2024 $94,129 $119,870 $578,725 $-25,741
2019 $102,777 $105,650 $609,481 $-2,873
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