THE MT VERNON VOLUNTEER FIRE CO INC

EIN: 521258575

PRINCESS ANNE, MD

Total Revenue
$126,500
Total Expenses
$90,839
Total Assets
$514,847
Net Assets
$514,847
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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
1982
Legal Domicile
MD
Principal Officer
CINDY PETROSKI
Phone
4106210522
Tax Period
2024-01-01 to 2024-12-31

THE MT VERNON VOLUNTEER FIRE CO INC, founded in 1982, is a small nonprofit that reported $126K in total revenue in fiscal year 2024. The organization ran a surplus of $36K, a strong 28% operating margin.

Mission

FIRE PROTECTION

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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 $120,323
Program Service Revenue $0
Investment Income $385
Other Revenue $5,792
TOTAL REVENUE $126,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,839
Other Expenses $90,839
TOTAL EXPENSES $90,839

Year-over-Year Comparison

2024 2023 Change
Revenue $126,500 $130,780 0.0%
Expenses $90,839 $123,001 -0.3%
Net Income $35,661 $7,779 +3.6%
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
30
Independent Members
30
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashleigh Wallace PRESIDENT 10.00
Officer
$0 $0 $0
Adam Smith VICE PRESIDENT 10.00
Officer
$0 $0 $0
CINDY PIETROSKI TREASURER 10.00
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
2024 $126,500 $90,839 $514,847 $35,661
2023 $130,780 $123,001 $479,186 $7,779
2022 $119,601 $130,641 $484,957 $-11,040
2021 $142,829 $153,209 $509,142 $-10,380
2020 $124,897 $134,399 $446,113 $-9,502
2019 $138,994 $130,490 $551,957 $8,504
2018 $112,919 $137,899 $554,866 $-24,980
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