SMITH MOUNTAIN LAKE MARINE VOL FIRE CO INC

EIN: 541550009 501(c)(3) Recreation & Sports

HARDY, VA

Total Revenue
$408,012
Total Expenses
$303,330
Total Assets
$2,482,705
Net Assets
$2,078,085
🔒

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
1975
Legal Domicile
VA
Principal Officer
SADIE WALLACE
Phone
5407215585
Tax Period
2025-01-01 to 2025-12-31

SMITH MOUNTAIN LAKE MARINE VOL FIRE CO INC, founded in 1975, is a small nonprofit in the Recreation & Sports sector that reported $408K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $105K, a strong 26% operating margin.

Mission

VOLUNTEER MARINE FIRE & RESCUE RESPONSIBLE FOR ALL FIRE, RESCUE AND EMERGENCY MEDICAL SERVICES AROUND 20,600 ACRE SMITH MOUNTAIN LAKE. ALSO PROVIDE CRITICAL SUPPORT SERVICES TO LAND BASED COUNTERPARTS IN 3 COUNTIES.

Program Service Accomplishments

Program 1
Expenses: $277,791 Revenue: $398,644

VOLUNTEER FIRE DEPARTMENT THAT PROVIDES FIRE FIGHTING, RESCUE OPERATIONS, PREVENTION SERVICES AND SAFETY PROGRAMS ON SMITH MOUNTAIN LAKE, VA AND SURROUNDING COUNTIES. RESPONDED TO 358 CALLS IN 2025

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $388,944
Program Service Revenue $0
Investment Income $19,068
Other Revenue $0
TOTAL REVENUE $408,012

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $15,993
Program Expenses $277,791
Other Expenses $303,330
TOTAL EXPENSES $303,330

Year-over-Year Comparison

2025 2024 Change
Revenue $408,012 $368,255 +0.1%
Expenses $303,330 $196,835 +0.5%
Net Income $104,682 $171,420 -0.4%
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
50
Independent Members
50
Employees
N/A
Volunteers
53

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
10
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE BURK AT LARGE N/A
Officer Director
$0 $0 $0
MIKE GARCIA DIRETOR N/A
Director
$0 $0 $0
FRANK GEOVANNELLO PRESIDENT N/A
Officer Director
$0 $0 $0
JOHN HONAKER VICE PRESIDE N/A
Officer Director
$0 $0 $0
ROBERT LYNCH ASSISSTANT C N/A
Officer Director
$0 $0 $0
BILL RYKACESKI DIRECTOR N/A
Director
$0 $0 $0
SADIE WALLACE TREASURER N/A
Officer Director
$0 $0 $0
ANDREW ST CLAIR CAPTAIN N/A
Officer
$0 $0 $0
JOHN HONAKER DEPUTY CHIEF N/A
Officer
$0 $0 $0
TODD OHLERICH CHIEF N/A
Officer
$0 $0 $0
RAY TALLEY DEPUTY CHIEF N/A
Officer
$0 $0 $0
PEGGY WALLACE SECRETARY 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 $408,012 $303,330 $2,482,705 $104,682
2024 $368,255 $196,835 $2,391,560 $171,420
2023 $276,395 $168,428 $1,942,612 $107,967
2022 $258,255 $162,904 $1,712,400 $95,351
2021 $228,866 $176,116 $1,613,980 $52,750
2020 $283,022 $235,521 $1,554,559 $47,501
2019 $248,766 $185,393 $1,459,069 $63,373
2018 $220,771 $116,528 $1,319,466 $104,243
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SMITH MOUNTAIN LAKE MARINE VOL FIRE CO INC with other nonprofits in Virginia 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.