SELMA VOLUNTEER FIRE COMPANY INC

EIN: 541262300 501(c)(3)

SELMA, VA

Total Revenue
$519,642
Total Expenses
$90,619
Total Assets
$742,068
Net Assets
$687,407
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
VA
Principal Officer
CHRIS WILEY
Phone
5409695649
Tax Period
2020-01-01 to 2020-12-31

SELMA VOLUNTEER FIRE COMPANY INC, founded in 1958, is a small nonprofit that reported $149K in total revenue in fiscal year 2018. Revenue surged 138% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 48% operating margin.

Mission

COMMUNITY VOLUNTEER FIRE DEPARTMENT

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Trantor Score

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

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $499,260
Program Service Revenue $4,428
Investment Income $15,029
Other Revenue $925
TOTAL REVENUE $519,642

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $82,702
Other Expenses $90,619
TOTAL EXPENSES $90,619

Year-over-Year Comparison

2020 2019 Change
Revenue $519,642 $108,196 +3.8%
Expenses $90,619 $97,888 -0.1%
Net Income $429,023 $10,308 +40.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS WILEY PRESIDENT 0.00
Officer Director
$0 $0 $0
JOEY MORRIS VICE-PRESIDENT AND CHAPLAIN 0.00
Officer Director
$0 $0 $0
BRITTANY SELDOMRIDGE TREASURER 0.00
Officer Director
$0 $0 $0
LEE CAHOON TRUSTEE 0.00
Director
$0 $0 $0
ROGER HAYSLETT TRUSTEE 0.00
Director
$0 $0 $0
DOUG MORRIS TRUSTEE 0.00
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
2020 $519,642 $90,619 $742,068 $429,023
2019 $108,196 $97,888 $282,638 $10,308
2018 $148,916 $77,299 $281,585 $71,617
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