BLADES VOLUNTEER FIRE COMPANY INC (EIN 511148671) - 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

1934

Legal Domicile

Principal Officer

CRAIG DEPEW

Phone

3026294896

Tax Period

2024-07-01 to 2025-06-30

BLADES VOLUNTEER FIRE COMPANY INC, founded in 1934, is a community nonprofit in the Public Safety sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE VOLUNTEER FIRE, RESCUE, AND AMBULANCE SERVICES

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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 (2024)

Revenue Breakdown

Contributions & Grants $885,785

Program Service Revenue $353,264

Investment Income $146,721

Other Revenue $-11,836

TOTAL REVENUE $1,373,934

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $613,399

Fundraising Expenses $0

Program Expenses $1,653,885

Other Expenses $1,038,486

TOTAL EXPENSES $1,653,885

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,373,934	$1,899,892	-0.3%
Expenses	$1,653,885	$1,515,551	+0.1%
Net Income	$-279,951	$384,341	-1.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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
GARV BESNOSKA	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
BRYAN CALLAWAY	DEPUTY CHIEF	3.00	Director	$0	$0	$0
DYAN CALLAWAY	DIRECTOR	3.00	Director	$0	$0	$0
GREG CARTWRIGHT	DIRECTOR	3.00	Director	$0	$0	$0
DANAH CHAFFINCH	SECRETARY	3.00	Officer Director	$0	$0	$0
CRAIG DEPEW	PRESIDENT	3.00	Officer Director	$0	$0	$0
KYLE HEARN	DIRECTOR	3.00	Director	$0	$0	$0
JASON HUDSON	CHIEF	3.00	Director	$0	$0	$0
JOHN PERHACS	DIRECTOR	3.00	Director	$0	$0	$0
TYLER PHILLIPS	DIRECTOR	3.00	Director	$0	$0	$0
DONALD S TRICE	TREASURER	5.00	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
2025	$1,373,934	$1,653,885	$7,451,562	$-279,951
2024	$1,899,892	$1,515,551	$7,070,853	$384,341
2023	$1,643,550	$1,417,377	$6,690,391	$226,173
2022	$1,392,268	$1,272,681	$6,551,978	$119,587
2021	$1,564,697	$1,291,292	$6,799,130	$273,405
2020	$1,236,532	$1,133,617	$6,389,152	$102,915
2019	$1,279,919	$1,070,389	$6,425,013	$209,530

BLADES VOLUNTEER FIRE COMPANY INC