ODENTON VOLUNTEER FIRE COMPANY INC

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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

1931

Legal Domicile

Principal Officer

CAROLYN CHAMBERS

Phone

4105514400

Tax Period

2024-07-01 to 2025-06-30

ODENTON VOLUNTEER FIRE COMPANY INC, founded in 1931, is a small nonprofit in the Public Safety sector that reported $728K in total revenue in fiscal year 2024. The organization ran a surplus of $375K, a strong 51% operating margin.

Mission

VOLUNTEER FIRE DEPARTMENT

Program Service Accomplishments

Program 1

Expenses: $321,369 Revenue: $220,754

EDUCATE THE PUBLIC ON STEPS TO TAKE TOWARDS FIRE PREVENTION AND EARLY SAFETY AND ON SAFELY EVACUATING BURNING PREMISES. RESPOND TO CALLS FOR THE PRESERVATION OF LIVES AND PROPERTY IN THE EVENT OF A...

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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 $217,436

Program Service Revenue $220,754

Investment Income $199,222

Other Revenue $90,681

TOTAL REVENUE $728,093

Expense Breakdown

Grants Paid $59

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $321,369

Other Expenses $353,131

TOTAL EXPENSES $353,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$728,093	$727,812	+0.0%
Expenses	$353,190	$299,551	+0.2%
Net Income	$374,903	$428,261	-0.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN CHAMBERS	TREASURER	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
2025	$728,093	$353,190	$7,382,825	$374,903
2024	$727,812	$299,551	$6,853,507	$428,261
2023	$683,887	$303,536	$6,228,021	$380,351
2022	$666,093	$318,176	$5,753,678	$347,917
2021	$526,740	$322,817	$5,801,208	$203,923
2020	$539,805	$309,077	$5,306,867	$230,728
2019	$530,024	$417,339	$5,143,344	$112,685