REESE & COMMUNITY VOLUNTEER FIRE CO INC

EIN: 520749743 501(c)(3) Public Safety

Westminster, MD

Total Revenue
$1,307,231
Total Expenses
$1,111,502
Total Assets
$7,457,983
Net Assets
$6,637,352
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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
1948
Legal Domicile
MD
Principal Officer
MARION DAVIDSON
Phone
4108487172
Tax Period
2024-07-01 to 2025-06-30

REESE & COMMUNITY VOLUNTEER FIRE CO INC, founded in 1948, is a community nonprofit in the Public Safety sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $1.1M left a modest 15% surplus.

Mission

PROVIDE FIRE PROTECTION, EMERGENCY AMBULANCE SERVICE TO COMMUNITY

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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 $62,971
Program Service Revenue $375,676
Investment Income $421,184
Other Revenue $447,400
TOTAL REVENUE $1,307,231

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,109,701
Other Expenses $1,087,986
TOTAL EXPENSES $1,111,502

Year-over-Year Comparison

2024 2023 Change
Revenue $1,307,231 $1,567,430 -0.2%
Expenses $1,111,502 $1,107,776 +0.0%
Net Income $195,729 $459,654 -0.6%
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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
30

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
7
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSE BARNES PRESIDENT 010.00
Officer Director
$0 $0 $0
LINDA SEARS 1ST VICE PRESIDENT 010.00
Officer Director
$0 $0 $0
ANDREW LEEDS 2ND VICE PRESIDENT 010.00
Officer Director
$0 $0 $0
ANDREW WOODEN CHIEF 010.00
Officer Director
$0 $0 $0
MARION DAVIDSON JR TREASURER 010.00
Officer Director
$0 $0 $0
BARBARA MCCOMAS RECORDING SECRETARY 010.00
Officer Director
$0 $0 $0
LINDA BOWEN CORRESPONDING SECRETARY 010.00
Officer Director
$0 $0 $0
JEFF GILES SERGEANT-AT-ARMS 010.00
Director
$0 $0 $0
SAM MANN CHAPLAIN 010.00
Director
$0 $0 $0
RANDY PANOS HISTORIAN 010.00
Director
$0 $0 $0
KARL FIEDLER TRUSTEE 010.00
Director
$0 $0 $0
JEFF FORLOINES TRUSTEE 010.00
Director
$0 $0 $0
MICHAEL JARRETT TRUSTEE 010.00
Director
$0 $0 $0
JIM MAGEE TRUSTEE 010.00
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
2025 $1,307,231 $1,111,502 $7,457,983 $195,729
2024 No data No data No data No data
2023 $2,725,416 $1,833,393 $6,121,608 $892,023
2022 $1,416,384 $1,677,897 $5,547,682 $-261,513
2021 $1,911,720 $1,614,394 $5,351,508 $297,326
2020 $1,491,104 $1,371,731 $5,089,770 $119,373
2019 $1,427,909 $1,235,122 $4,971,866 $192,787
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