Purcellville Volunteer Fire Department Inc (EIN 540717331) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1923

Legal Domicile

Phone

5403384706

Tax Period

2023-07-01 to 2024-06-30

Purcellville Volunteer Fire Department Inc, founded in 1923, is a small nonprofit in the Public Safety sector that reported $874K in total revenue in fiscal year 2018. The organization ran a surplus of $229K, a strong 26% operating margin.

Mission

Provide fire and rescue services to the town of Purcellville and surrounding area including the towns of Lincoln and Hillsboro.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,450,057

Program Service Revenue $0

Investment Income $97,095

Other Revenue $10,688

TOTAL REVENUE $1,557,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $782,193

Other Expenses $789,693

TOTAL EXPENSES $789,693

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,557,840	$966,072	+0.6%
Expenses	$789,693	$566,682	+0.4%
Net Income	$768,147	$399,390	+0.9%

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
Chris Kermode	Executive Dir.	18.00	Officer Director	$0	$0	$0
Sandy Sokol	President	18.00	Officer Director	$0	$0	$0
Kevin Wills	Vice President	18.00	Officer Director	$0	$0	$0
Allen Colby	Treasurer	18.00	Officer Director	$0	$0	$0
Victoria Frank	Secretary	18.00	Officer Director	$0	$0	$0
Robert Dryden	Director	18.00	Director	$0	$0	$0
Brad Quin	Director	18.00	Director	$0	$0	$0
Mike O'Brien	Executive Dir.	18.00	Officer	$0	$0	$0
Warren Van der Merwe	Foundation Mgr.	18.00	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
2025	No data	No data	No data	No data
2024	$1,557,840	$789,693	$5,338,889	$768,147
2023	$966,072	$566,682	$4,661,147	$399,390
2022	$911,922	$518,707	$4,438,378	$393,215
2021	$824,795	$624,229	$4,508,390	$200,566
2020	$831,501	$662,910	$4,341,375	$168,591
2019	$874,365	$645,852	$4,362,948	$228,513

Purcellville Volunteer Fire Department Inc