DRY FORK VOLUNTEER FIRE COMPANY INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

ALAN GORLEY

Tax Period

2023-07-01 to 2024-06-30

DRY FORK VOLUNTEER FIRE COMPANY INC, founded in 1994, is a micro nonprofit that reported $71K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $32K, a strong 45% operating margin.

Mission

VOLUNTEER FIRE FIGHTING AND RESCUE SERVING THE DRY FORK COMMUNITY OF PITTSYLVANIA COUNTY

Program Service Accomplishments

Program 1

Expenses: $39,005

THE DEPARTMENT PROVIDES FIRE PROTECTION AND EMERGENCY MEDICAL SUPPORT TO THE DRY FORK COMMUNITY AND PITTSYLVANIS COUNY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $70,611

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $70,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,005

Other Expenses $39,005

TOTAL EXPENSES $39,005

Year-over-Year Comparison

	2023	2022	Change
Revenue	$70,611	$76,270	-0.1%
Expenses	$39,005	$123,323	-0.7%
Net Income	$31,606	$-47,053	-1.7%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUE WILLIS	SECRETARY	4.00	Officer	$0	$0	$0
BRENDA L HYLTON	TREASURER	5.00	Officer	$0	$0	$0
ALAN GORLEY	PRESIDENT	4.00	Officer	$0	$0	$0
TIM T SHELTON	VICE PRESIDENT	4.00	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
2024	$70,611	$39,005	$659,299	$31,606
2023	$76,270	$123,323	$627,693	$-47,053
2022	$91,329	$30,473	$674,746	$60,856
2021	$53,376	$18,229	$613,890	$35,147