POQUOSON VOLUNTEER FIRE COMPANY INC

EIN: 541814759 501(c)(3) Public Safety

POQUOSON, VA

Total Revenue
$7,482
Total Expenses
$11,588
Total Assets
$423,147
Net Assets
$423,147
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
VA
Principal Officer
JESSIE WOOD
Tax Period
2021-07-01 to 2022-06-30

POQUOSON VOLUNTEER FIRE COMPANY INC, founded in 1998, is a micro nonprofit in the Public Safety sector that reported $37K in total revenue in fiscal year 2018. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $34K left a modest 7% surplus.

Mission

SUPPORT AND ASSIST THE POQUOSON FIRE DEPARTMENT.

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Trantor Score

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $7,341
Program Service Revenue $0
Investment Income $141
Other Revenue $0
TOTAL REVENUE $7,482

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,338
Other Expenses $11,501
TOTAL EXPENSES $11,588

Year-over-Year Comparison

2021 2020 Change
Revenue $7,482 N/A N/A
Expenses $11,588 N/A N/A
Net Income $-4,106 N/A N/A
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
5
Independent Members
5
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH M INSLEY VOLUNTEER FIRE CHIEF 7.00
Officer
$0 $0 $0
ALLEN R LITTLE VICE PRESIDENT 7.00
Officer
$0 $0 $0
TERESA FORREST SECRETARY 7.00
Officer
$0 $0 $0
JESSIE WOOD PRESIDENT 7.00
Officer
$0 $0 $0
DAVE EVAN TREASURER 7.00
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
2022 $7,482 $11,588 $423,147 $-4,106
2021 $8,513 $6,272 $427,253 $2,241
2020 $26,366 $25,692 $425,012 $674
2019 $36,648 $34,145 $424,338 $2,503
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