BIG ISLAND VOLUNTEER FIRE CO (EIN 546052600) - 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

1951

Legal Domicile

Principal Officer

TALMADGE RAY GOFF SR

Phone

4346108806

Tax Period

2025-01-01 to 2025-12-31

BIG ISLAND VOLUNTEER FIRE CO, founded in 1951, is a small nonprofit in the Public Safety sector that reported $109K in total revenue in fiscal year 2020. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $250K exceeded revenue, resulting in a 129% operating deficit.

Mission

TO PROVIDE FIRE SUPPRESSION AND RESCUE SERVICES TO THE BIG ISLAND VIRGINIA 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 (2025)

Revenue Breakdown

Contributions & Grants $184,075

Program Service Revenue $0

Investment Income $507

Other Revenue $6,210

TOTAL REVENUE $190,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $446

Program Expenses $189,862

Other Expenses $194,181

TOTAL EXPENSES $194,181

Year-over-Year Comparison

	2025	2024	Change
Revenue	$190,792	$473,136	-0.6%
Expenses	$194,181	$199,193	0.0%
Net Income	$-3,389	$273,943	-1.0%

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

N/A

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
DONALD COCKE	TRUSTEE	N/A	Director	$0	$0	$0
JOEY OLIVER	TRUSTEE	N/A	Director	$0	$0	$0
TALMADGE RAY GOFF SR	TRUSTEE	N/A	Officer 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
2025	$190,792	$194,181	$1,652,020	$-3,389
2024	$473,136	$199,193	$1,667,872	$273,943
2023	$290,986	$183,561	$1,116,856	$107,425
2022	$124,353	$170,071	$1,113,797	$-45,718
2022	No data	$96,176	$794,216	No data
2021	$170,789	$141,004	$1,182,812	$29,785
2020	$109,316	$250,201	$1,182,133	$-140,885

BIG ISLAND VOLUNTEER FIRE CO