WAVERLY VOLUNTEER FIRE ASSOCIATION (EIN 475385686) - 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

2015

Legal Domicile

Principal Officer

JEFF SOASH

Phone

3193525521

Tax Period

2023-01-01 to 2023-12-31

WAVERLY VOLUNTEER FIRE ASSOCIATION, founded in 2015, is a micro nonprofit in the Public Safety sector that reported $57K in total revenue in fiscal year 2023. The organization ran a surplus of $22K, a strong 38% operating margin.

Mission

TO SUPPORT THE WAVERLY FIRE DEPARTMENT. TO SUPPORT THE RURAL FIRE BOARD FIRE DEPARTMENT. TO PROMOTE FIRE AND SAFETY PREVENTION THROUGH COMMUNITY PROGRAMMING AND EDUCATION.

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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 $63,916

Program Service Revenue $0

Investment Income $2,092

Other Revenue $-8,783

TOTAL REVENUE $57,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,840

Other Expenses $35,682

TOTAL EXPENSES $35,682

Year-over-Year Comparison

	2023	2022	Change
Revenue	$57,225	$55,239	+0.0%
Expenses	$35,682	$30,943	+0.2%
Net Income	$21,543	$24,296	-0.1%

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

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
JEFF SOASH	PRESIDENT	2.00	Officer Director	$0	$0	$0
JIM SCHUTTE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
GARY DOEHRMANN	SEC/TREAS	2.00	Officer 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	$57,225	$35,682	$640,131	$21,543
2022	$55,239	$30,943	$618,588	$24,296
2021	$103,537	$17,082	$594,292	$86,455
2020	$13,416	$38,162	$507,837	$-24,746
2019	$31,507	$67,706	$532,583	$-36,199
2018	$133,087	$16,458	$568,782	$116,629

WAVERLY VOLUNTEER FIRE ASSOCIATION