GREENSBORO VOLUNTEER FIRE COMPANY INC

EIN: 521318917 501(c)(3) Public Safety

GREENSBORO, MD

Total Revenue
$457,552
Total Expenses
$307,921
Total Assets
$1,793,567
Net Assets
$1,564,672
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
MD
Principal Officer
CHARLES TOTARO
Phone
4104828316
Tax Period
2024-01-01 to 2024-12-31

GREENSBORO VOLUNTEER FIRE COMPANY INC, founded in 1927, is a small nonprofit in the Public Safety sector that reported $458K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $150K, a strong 33% operating margin.

Mission

RESPOND TO FIRES,ACCIDENTS & PROVIDE RESCUE SERVICES & AMBULANCE FOR VARIOUS MEDICAL EMERGENCIES.

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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 $336,941
Program Service Revenue $0
Investment Income $33,193
Other Revenue $87,418
TOTAL REVENUE $457,552

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $307,921
Other Expenses $307,921
TOTAL EXPENSES $307,921

Year-over-Year Comparison

2024 2023 Change
Revenue $457,552 $497,342 -0.1%
Expenses $307,921 $386,617 -0.2%
Net Income $149,631 $110,725 +0.4%
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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Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
N/A

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
8
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN PARKS DIRECTOR 0.00
Director
$0 $0 $0
RICHARD COVERT TREASURER 0.00
Officer Director
$0 $0 $0
WILLIAM BRADLEY DIRECTOR 0.00
Director
$0 $0 $0
RUSSELL SENSENIG DIRECTOR 0.00
Director
$0 $0 $0
MICHELE WILLIAMSON PRES LADIES AUX 0.00
Officer Director
$0 $0 $0
MARIAN MILLER VICE PRES LADIES AUX 0.00
Officer Director
$0 $0 $0
DAWN PARKS SECRETARY LADIES AUX 0.00
Officer Director
$0 $0 $0
PENNY BOYD TREASURER LADIES AUX 0.00
Officer Director
$0 $0 $0
ANGELA ALLPORT PARLIMENTARIAN LADIES AUX 0.00
Director
$0 $0 $0
JIM BRUCE SECRETARY 0.00
Officer Director
$0 $0 $0
JAMES HARVEY DIRECTOR/DEPUTY CHIEF 0.00
Director
$0 $0 $0
WILLIAM BIDDLE CHIEF 0.00
Director
$0 $0 $0
FRANKLIN DAVIS ASSISTANT CHIEF 0.00
Director
$0 $0 $0
CHARLES TOTARO PRESIDENT 0.00
Officer Director
$0 $0 $0
KENNETH PATTON DIRECTOR 0.00
Director
$0 $0 $0
JANICE ELLIOTT DIRECTOR 0.00
Director
$0 $0 $0
BARBARA NASHOLD DIRECTOR 0.00
Director
$0 $0 $0
BARBARA CHRISTOPHER DIRECTOR 0.00
Director
$0 $0 $0
LARRY DICKERSON VICE PRES 0.00
Officer 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 $457,552 $307,921 $1,793,567 $149,631
2023 $497,342 $386,617 $1,673,256 $110,725
2022 $382,111 $333,002 $1,591,078 $49,109
2021 $496,355 $249,633 $1,609,585 $246,722
2020 $340,329 $211,883 $1,084,087 $128,446
2019 $324,508 $239,216 $1,033,742 $85,292
2018 $330,959 $196,640 $1,338,409 $134,319
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