GOLDSBORO VOLUNTEER FIRE COMPANY INC (EIN 521171571) - 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

1948

Legal Domicile

Principal Officer

RON M DIXON

Phone

4104826196

Tax Period

2024-01-01 to 2024-12-31

GOLDSBORO VOLUNTEER FIRE COMPANY INC, founded in 1948, is a small nonprofit in the Religion sector that reported $404K in total revenue in fiscal year 2024. The organization ran a surplus of $103K, a strong 26% operating margin.

Mission

VOLUNTEER FIRE DEPARTMENT

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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 $338,393

Program Service Revenue $0

Investment Income $26,633

Other Revenue $39,343

TOTAL REVENUE $404,369

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $290,470

Other Expenses $301,150

TOTAL EXPENSES $301,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$404,369	$389,667	+0.0%
Expenses	$301,150	$263,521	+0.1%
Net Income	$103,219	$126,146	-0.2%

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
AMANDA SQUIRES	TRUSTEE	5.00	Director	$0	$0	$0
JACOB LUCKETT	TRUSTEE	5.00	Director	$0	$0	$0
BRYANNE GLOTTA	TRUSTEE	5.00	Director	$0	$0	$0
WAYNE DURHAM	TRUSTEE	5.00	Director	$0	$0	$0
SAMUEL BRYAN CAHALL SR	TRUSTEE	5.00	Director	$0	$0	$0
RON DIXON	PRESIDENT	15.00	Officer	$0	$0	$0
COURTNEY MOREAN	1ST VICE PRESIDENT	15.00	Officer	$0	$0	$0
JAMIE LYNN DELP	TREASURER	15.00	Officer	$0	$0	$0
JULIUS T BARTZ	CHIEF	15.00	Officer	$0	$0	$0
CHRISTINA BARTZ	EMS CAPTAIN	15.00	Officer	$0	$0	$0
HOWARD REED III	2ND VICE PRESIDENT	15.00	Officer	$0	$0	$0
SHELLY GRAY	SECRETARY	15.00	Officer	$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	$404,369	$301,150	$837,398	$103,219
2023	$389,667	$263,521	$822,043	$126,146
2022	$345,963	$278,085	$726,427	$67,878
2021	$353,647	$265,948	$831,651	$87,699
2020	$288,478	$252,826	$803,873	$35,652
2019	$254,900	$307,870	$703,779	$-52,970
2018	$293,054	$296,775	$776,032	$-3,721

GOLDSBORO VOLUNTEER FIRE COMPANY INC