FAIRMOUNT VOLUNTEER FIRE COMPANY (EIN 522155960) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

ROGER OLSEN

Phone

4106512375

Tax Period

2024-01-01 to 2024-12-31

FAIRMOUNT VOLUNTEER FIRE COMPANY, founded in 1999, is a micro nonprofit in the Public Safety sector that reported $99K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $128K exceeded revenue, resulting in a 29% operating deficit.

Mission

PROVIDING FIRE & RELATED EMERGENCY SERVICES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $97,207

Program Service Revenue $0

Investment Income $20

Other Revenue $1,500

TOTAL REVENUE $98,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $127,631

Other Expenses $127,631

TOTAL EXPENSES $127,631

Year-over-Year Comparison

	2024	2023	Change
Revenue	$98,727	$133,232	-0.3%
Expenses	$127,631	$162,378	-0.2%
Net Income	$-28,904	$-29,146	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
ROGER OLSEN	PRESIDENT	10.00	Officer	$0	$0	$0
WAYNE BOZMAN	1ST VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
LINDA HELLER	SECRETARY	10.00	Officer	$0	$0	$0
SUE NEVINS	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	$98,727	$127,631	$412,792	$-28,904
2023	$133,232	$162,378	$420,745	$-29,146
2022	$123,267	$150,271	$463,519	$-27,004
2021	$101,755	$137,215	$502,308	$-35,460
2020	$84,468	$109,989	$551,315	$-25,521
2019	$108,412	$151,369	$614,770	$-42,957
2018	$114,605	$135,399	$453,080	$-20,794

FAIRMOUNT VOLUNTEER FIRE COMPANY