GOODWILL FIRE COMPANY INC

EIN: 526047326 501(c)(3) Public Safety

CENTREVILLE, MD

Total Revenue
$1,200,208
Total Expenses
$889,756
Total Assets
$6,334,098
Net Assets
$6,228,492
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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
1928
Legal Domicile
MD
Principal Officer
RAYMON AARON
Phone
4107581422
Tax Period
2025-01-01 to 2025-12-31

GOODWILL FIRE COMPANY INC, founded in 1928, is a community nonprofit in the Public Safety sector that reported $1.2M in total revenue in fiscal year 2025. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $310K, a strong 26% operating margin.

Mission

TO PROVIDE EMERGENCY FIRE FIGHTING AND AMBULANCE SERVICES TO THE SURROUNDING COMMUNITY AND AREAS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $798,496
Program Service Revenue $182,354
Investment Income $77,247
Other Revenue $142,111
TOTAL REVENUE $1,200,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,876
Fundraising Expenses $0
Program Expenses $889,756
Other Expenses $725,880
TOTAL EXPENSES $889,756

Year-over-Year Comparison

2025 2024 Change
Revenue $1,200,208 $1,002,752 +0.2%
Expenses $889,756 $843,450 +0.1%
Net Income $310,452 $159,302 +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
5
Independent Members
N/A
Employees
22
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
W BLOODSWORTH DIRECTOR N/A
Director
$0 $0 $0
DONALD DAWKINS DIRECTOR N/A
Director
$0 $0 $0
B KAUFMAN DIRECTOR N/A
Director
$0 $0 $0
TYLER KNAPP DIRECTOR N/A
Director
$0 $0 $0
RAYMON AARON PRESIDENT N/A
Officer
$0 $0 $0
JOHN J CVACH TREASURER N/A
Officer
$0 $0 $0
LISA DAVIS SECRETARY N/A
Officer
$0 $0 $0
MICHAEL JARBOE CHIEF N/A
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
2025 $1,200,208 $889,756 $6,334,098 $310,452
2025 $1,200,208 $889,756 $6,334,098 $310,452
2024 $967,457 $918,235 $5,679,314 $49,222
2023 $1,225,311 $925,703 $5,513,677 $299,608
2022 $962,350 $953,384 $4,962,486 $8,966
2021 $808,033 $698,061 $4,981,271 $109,972
2020 $885,047 $623,439 $4,873,587 $261,608
2019 $840,703 $703,265 $4,746,147 $137,438
2018 $722,750 $712,045 $4,306,928 $10,705
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