GERMANTOWN VOLUNTEER FIRE DEPARTMENT INCORPORATED (EIN 521645438) - 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

1989

Legal Domicile

Principal Officer

MATTHEW HERMANSON

Phone

2407734729

Tax Period

2023-07-01 to 2024-06-30

GERMANTOWN VOLUNTEER FIRE DEPARTMENT INCORPORATED, founded in 1989, is a small nonprofit that reported $116K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Net assets of $1.4M represent 146 months of operating reserves.

Mission

THE ORGANIZATION PROTECTS THE CITIZENS AND PROPERTY IN THE GERMANTOWN AREA OF MONTGOMERY COUNTY MARYLAND.

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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 (2023)

Revenue Breakdown

Contributions & Grants $110,333

Program Service Revenue $0

Investment Income $5,384

Other Revenue $0

TOTAL REVENUE $115,717

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $15,932

Program Expenses $57,354

Other Expenses $113,710

TOTAL EXPENSES $113,710

Year-over-Year Comparison

	2023	2022	Change
Revenue	$115,717	$98,447	+0.2%
Expenses	$113,710	$77,137	+0.5%
Net Income	$2,007	$21,310	-0.9%

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
MATTHEW HERMANSON	PRESIDENT	5	Officer Director	$0	$0	$0
CAROLYN BURKE	VICE-PRESIDENT	2	Officer Director	$0	$0	$0
LA WON ANICAMA	TREASURER	5	Officer Director	$0	$0	$0
KARRAH BENSON	SECRETARY	3	Officer Director	$0	$0	$0
NATE HAUSER	FIRE/RESCUE CHIEF	3	Officer Director	$0	$0	$0
BRIAN JONES	DIRECTOR	2	Director	$0	$0	$0
SAHAR WAHED	DIRECTOR	2	Director	$0	$0	$0
VICTOR MELENDEZ-COLON	DIRECTOR	2	Director	$0	$0	$0
DAN POULIN	DIRECTOR	2	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	$132,844	$178,420	$1,368,381	$-45,576
2024	$115,717	$113,710	$1,411,867	$2,007
2023	$98,447	$77,137	$1,238,594	$21,310
2022	$118,620	$18,139	$1,216,955	$100,481
2021	$135,219	$39,943	$1,117,401	$95,276
2020	$226,838	$50,967	$1,021,219	$175,871
2019	$298,171	$103,180	$845,655	$194,991
2018	$189,870	$177,049	$650,850	$12,821

GERMANTOWN VOLUNTEER FIRE DEPARTMENT INCORPORATED