PARSONSBURG VOLUNTEER FIRE CO INC (EIN 521089014) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1927

Legal Domicile

Principal Officer

CAROL FISHER

Phone

4107422408

Tax Period

2023-01-01 to 2023-12-31

PARSONSBURG VOLUNTEER FIRE CO INC, founded in 1927, is a small nonprofit in the Public Safety sector that reported $974K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $941K left a modest 3% surplus.

Mission

VOLUNTEER FIRE DEPT. AND AMBULANCE SERVICE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $718,926

Program Service Revenue $164,802

Investment Income $26,283

Other Revenue $63,861

TOTAL REVENUE $973,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $392,384

Fundraising Expenses $0

Program Expenses $940,775

Other Expenses $548,391

TOTAL EXPENSES $940,775

Year-over-Year Comparison

	2023	2022	Change
Revenue	$973,872	$1,065,981	-0.1%
Expenses	$940,775	$999,567	-0.1%
Net Income	$33,097	$66,414	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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 WILLIS	PRESIDENT	N/A	Officer	$0	$0	$0
CARL SMITH	VICE PRESIDE	N/A	Officer	$0	$0	$0
CHELSEA MASSEY	RECORDING SE	N/A	Officer	$0	$0	$0
CAROL FISHER	TREASURER	N/A	Officer	$0	$0	$0
RYAN WHITTINGTON	ASSISTANT TR	N/A	Officer	$0	$0	$0
MARK RICKARDS	TRUSTEE	N/A	Director	$0	$0	$0
LEIGH TYLER	TRUSTEE	N/A	Director	$0	$0	$0
JASON PEEK	TRUSTEE	N/A	Director	$0	$0	$0
JOHN AGNEW	TRUSTEE	N/A	Director	$0	$0	$0
CARL SMITH	TRUSTEE	N/A	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	$973,872	$940,775	$3,842,738	$33,097
2022	$1,065,981	$999,567	$3,809,641	$66,414
2021	$869,861	$732,203	$3,743,227	$137,658
2020	$1,222,324	$745,940	$3,605,569	$476,384
2019	$660,022	$595,225	$3,593,669	$64,797
2018	$715,849	$608,576	$3,563,555	$107,273

PARSONSBURG VOLUNTEER FIRE CO INC