SEVENTH DISTRICT VOLUNTEER FIRE DEPARTMENT INC

EIN: 521060362 Public Safety

AVENUE, MD

Total Revenue
$645,013
Total Expenses
$651,723
Total Assets
$2,554,099
Net Assets
$1,449,061
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
MD
Principal Officer
HEATHER BEAN
Phone
3017693600
Tax Period
2023-07-01 to 2024-06-30

SEVENTH DISTRICT VOLUNTEER FIRE DEPARTMENT INC, founded in 1949, is a small nonprofit in the Public Safety sector that reported $645K in total revenue in fiscal year 2023. Net assets of $1.4M represent 27 months of operating reserves.

Mission

THE MISSION OF THIS DEPARTMENT SHALL BE TO ENCOURAGE FIRE PREVENTION AND EDUCATION, TO PROVIDE FIRE PROTECTION, AND TO PREVENT THE LOSS OF LIFE AND PROPERTY BY FIRE WITHIN OUR DISTRICT AND THROUGH MUTUAL AID TO ADJACENT TERRITORIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $517,388
Program Service Revenue $0
Investment Income $273
Other Revenue $127,352
TOTAL REVENUE $645,013

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $590,753
Other Expenses $651,723
TOTAL EXPENSES $651,723

Year-over-Year Comparison

2023 2022 Change
Revenue $645,013 $641,537 +0.0%
Expenses $651,723 $508,136 +0.3%
Net Income $-6,710 $133,401 -1.1%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
40

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
6
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN D NELSON PRESIDENT 20.00
Officer Director
$0 $0 $0
MICHAEL R HUSEMAN VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
HEATHER BEAN SECRETARY 15.00
Officer Director
$0 $0 $0
MARK C PETTIT TREASURER 10.00
Officer Director
$0 $0 $0
JOSH PHETTEPLACE CHAPLAIN 2.00
Officer Director
$0 $0 $0
JOHN A NELSON FIRE CHIEF 20.00
Officer Director
$0 $0 $0
JEB HAYDEN MEMBER-AT-LARGE 2.00
Director
$0 $0 $0
MIKE GIBSON MEMBER-AT-LARGE 2.00
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 No data No data No data No data
2024 $645,013 $651,723 $2,554,099 $-6,710
2023 $641,537 $508,136 $2,127,788 $133,401
2022 $520,072 $435,841 $2,240,989 $84,231
2021 $494,309 $406,796 $1,877,549 $87,513
2020 $473,419 $408,927 $1,936,216 $64,492
2019 $471,993 $383,056 $2,002,302 $88,937
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