MIDDLETOWN VOLUNTEER FIRE COMPANY INC

EIN: 526072749 501(c)(3) Public Safety

MIDDLETOWN, MD

Total Revenue
$441,011
Total Expenses
$431,546
Total Assets
$3,374,347
Net Assets
$2,155,298
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
MD
Principal Officer
JACOB LOVELESS
Phone
3013716907
Tax Period
2024-07-01 to 2025-06-30

MIDDLETOWN VOLUNTEER FIRE COMPANY INC, founded in 1935, is a small nonprofit in the Public Safety sector that reported $441K in total revenue in fiscal year 2024. Net assets of $2.2M represent 59 months of operating reserves.

Mission

PROVISION OF FIRE AND RESCUE SERVICES TO THE PUBLIC

Program Service Accomplishments

Program 1
Expenses: $414,245 Revenue: $50,854

SERVING THE MIDDLETOWN COMMUNITY AND ITS SURROUNDING AREAS BY PROVISION OF FIRE AND RESCUE SERVICES, EDUCATION OF CHILDREN AND COMMUNITY ABOUT AWARENESS AND PERSONAL PROTECTION, AND SUPPLYING SMOKE...

Read more

SERVING THE MIDDLETOWN COMMUNITY AND ITS SURROUNDING AREAS BY PROVISION OF FIRE AND RESCUE SERVICES, EDUCATION OF CHILDREN AND COMMUNITY ABOUT AWARENESS AND PERSONAL PROTECTION, AND SUPPLYING SMOKE ALARMS TO THE SERVICE AREA OF MORE THAN 4000 HOMES IN ORDER TO SAVE LIVES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $184,886
Program Service Revenue $50,854
Investment Income $20,607
Other Revenue $184,664
TOTAL REVENUE $441,011

Expense Breakdown

Grants Paid $1,483
Salaries & Benefits $0
Fundraising Expenses $8,879
Program Expenses $414,245
Other Expenses $423,184
TOTAL EXPENSES $431,546

Year-over-Year Comparison

2024 2023 Change
Revenue $441,011 $445,543 0.0%
Expenses $431,546 $409,237 +0.1%
Net Income $9,465 $36,306 -0.7%
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

Sign In

Governance

Voting Members
24
Independent Members
24
Employees
N/A
Volunteers
85

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
6
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACOB LOVELESS PRESIDENT 20.00
Officer Director
$0 $0 $0
NELSON BURNS VICE PRESIDENT 20.00
Officer Director
$0 $0 $0
DEBORAH LOVELESS SECRETARY 20.00
Officer Director
$0 $0 $0
LORI RUNION ASST SECRETARY 20.00
Officer Director
$0 $0 $0
KIM KEFAUVER TREASURER 20.00
Officer Director
$0 $0 $0
LISA MILLER ASST TREASURER 10.00
Officer Director
$0 $0 $0
EUGENE ESTES DIRECTOR 10.00
Director
$0 $0 $0
DAVID GOUKER DIRECTOR 10.00
Director
$0 $0 $0
BRIAN BEAULIEU DIRECTOR 10.00
Director
$0 $0 $0
JOHN KING DIRECTOR 10.00
Director
$0 $0 $0
GAIL KOHLS DIRECTOR 20.00
Director
$0 $0 $0
RANDY LEATHERMAN DIRECTOR 10.00
Director
$0 $0 $0
BRENTON HARNE FIRE CHIEF 20.00
Director
$0 $0 $0
JOSH LOVELESS DEPUTY FIRE CHIEF 20.00
Director
$0 $0 $0
JASON LOVELESS ASST FIRE CHIEF 20.00
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
2025 $441,011 $431,546 $3,374,347 $9,465
2024 $445,543 $409,237 $3,456,911 $36,306
2023 $452,127 $363,029 $3,509,112 $89,098
2022 $463,898 $324,743 $3,483,014 $139,155
2021 $741,544 $400,872 $3,428,078 $340,672
2020 $355,704 $353,742 $3,137,604 $1,962
2019 $457,900 $439,196 $3,175,718 $18,704
2018 $418,599 $418,410 $3,197,938 $189
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MIDDLETOWN VOLUNTEER FIRE COMPANY INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.