TURBEVILLE VOLUNTEER FIRE AND RESCUE ASSOCIATION INC (EIN 541249603) - 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

1955

Legal Domicile

Principal Officer

WILL SOLOMON

Phone

4347536726

Tax Period

2023-01-01 to 2023-12-31

TURBEVILLE VOLUNTEER FIRE AND RESCUE ASSOCIATION INC, founded in 1955, is a small nonprofit in the Public Safety sector that reported $172K in total revenue in fiscal year 2018. Expenses of $210K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE TURBEVILLE VOLUNTEER FIRE AND RESCUE ASSOCIATION INC PROVIDES FIRE SUPPRESSION AND RESCUE SERVICES FOR THE LOCAL COMMUNITY

🔒

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 $145,665

Program Service Revenue $17,558

Investment Income $65,456

Other Revenue $71,203

TOTAL REVENUE $299,882

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,572

Fundraising Expenses $0

Other Expenses $182,985

TOTAL EXPENSES $236,557

Year-over-Year Comparison

	2023	2022	Change
Revenue	$299,882	$386,054	-0.2%
Expenses	$236,557	$226,025	+0.0%
Net Income	$63,325	$160,029	-0.6%

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

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
CALEB WADE	CHIEF	1.00	Director	$0	$0	$0
DAVID BARKSDALE	ASSIST CHIEF	1.00	Director	$0	$0	$0
MATT GOSNEY	LIEUT	1.00	Director	$0	$0	$0
LEWIS REAVES	PRESIDENT	5.00	Officer	$0	$0	$0
RAY REAVES	VICE PRESIDENT	5.00	Officer	$0	$0	$0
PATRICIA C TURNER	SECRETARY	5.00	Officer	$0	$0	$0
WILL SOLOMON	TREASURER	5.00	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	No data	No data	No data	No data
2023	$299,882	$236,557	$452,206	$63,325
2022	$386,054	$226,025	$390,353	$160,029
2021	$225,527	$203,335	$209,678	$22,192
2020	$202,212	$230,574	$200,974	$-28,362
2019	$240,563	$170,788	$211,584	$69,775
2018	$171,605	$209,829	$157,943	$-38,224

TURBEVILLE VOLUNTEER FIRE AND RESCUE ASSOCIATION INC