GLYNDON VOLUNTTEER FIRE DEPT INC

EIN: 526042935 501(c)(3) Public Safety

BUTLER ROAD, MD

Total Revenue
$403,920
Total Expenses
$410,936
Total Assets
$3,287,295
Net Assets
$3,287,295
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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
1904
Legal Domicile
MD
Phone
4108522364
Tax Period
2024-01-01 to 2024-12-31

GLYNDON VOLUNTTEER FIRE DEPT INC, founded in 1904, is a small nonprofit in the Public Safety sector that reported $404K in total revenue in fiscal year 2024. Net assets of $3.3M represent 98 months of operating reserves.

Mission

Volunteer Fire Company

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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 $330,747
Program Service Revenue $0
Investment Income $27,309
Other Revenue $45,864
TOTAL REVENUE $403,920

Expense Breakdown

Grants Paid $0
Salaries & Benefits $198,414
Fundraising Expenses $6,727
Program Expenses $401,314
Other Expenses $205,795
TOTAL EXPENSES $410,936

Year-over-Year Comparison

2024 2023 Change
Revenue $403,920 $379,885 +0.1%
Expenses $410,936 $460,156 -0.1%
Net Income $-7,016 $-80,271 -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

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Governance

Voting Members
4
Independent Members
4
Employees
14
Volunteers
25

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL BOLLINGER President 15.00
Director
$0 $0 $0
PAUL WILHELM Vice President 10.00
Director
$0 $0 $0
DOUG WOLFENDEN Vice President 10.00
Director
$0 $0 $0
DANIEL ABRAS Treasurer 10.00
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 $403,920 $410,936 $3,287,295 $-7,016
2023 $379,885 $460,156 $3,294,311 $-80,271
2022 $416,386 $301,291 $3,374,582 $115,095
2021 $265,915 $245,390 $3,346,568 $20,525
2020 $304,786 $228,138 $3,368,938 $76,648
2019 $277,830 $270,088 $3,334,760 $7,742
2018 $187,813 $232,874 $3,370,091 $-45,061
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