REMINGTON VOLUNTEER FIRE AND RESCUE DEPARTMENT INC

EIN: 546052754

REMINGTON, VA

Total Revenue
$554,827
Total Expenses
$685,597
Total Assets
$12,392,690
Net Assets
$11,940,843
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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
1942
Legal Domicile
VA
Principal Officer
WILLIAM GRIMSLEY
Phone
5404398010
Tax Period
2024-01-01 to 2024-12-31

REMINGTON VOLUNTEER FIRE AND RESCUE DEPARTMENT INC, founded in 1942, is a small nonprofit that reported $555K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $686K exceeded revenue, resulting in a 24% operating deficit.

Mission

OUR MISSION IS TO PROVIDE FIRE AND RESCUE SUPPORT, CPR SERVICES, BASIC FIRST AID AND SAFETY CLASSES FOR USING GRILLS TO THE CITIZENS OF FAUQUIER COUNTY.

Program Service Accomplishments

Program 1

FIREFIGHTING, FIRE PREVENTION, RESCUE, FIRST RESPONDER MEDICAL SERVICES, COMMUNITY SAFETY EDUCATION AND AWARENESS TO THE LOCAL COMMUNITY AND TO FAUQUIER COUNTY RESIDENTS. DURING 2016, REMINGTON...

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FIREFIGHTING, FIRE PREVENTION, RESCUE, FIRST RESPONDER MEDICAL SERVICES, COMMUNITY SAFETY EDUCATION AND AWARENESS TO THE LOCAL COMMUNITY AND TO FAUQUIER COUNTY RESIDENTS. DURING 2016, REMINGTON VOLUNTEER FIRE DEPARTMENT AND RESCUE INC RESPONDED TO APPROXIMATELY 1415 FIRE RELATED CALLS AND 432 EMERGENCY RESCUE SERVICES CALLS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $471,140
Program Service Revenue $80,680
Investment Income $3,007
Other Revenue $0
TOTAL REVENUE $554,827

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $681,998
Other Expenses $685,597
TOTAL EXPENSES $685,597

Year-over-Year Comparison

2024 2023 Change
Revenue $554,827 $615,198 -0.1%
Expenses $685,597 $803,158 -0.1%
Net Income $-130,770 $-187,960 -0.3%
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

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Governance

Voting Members
7
Independent Members
7
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
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM GRIMSLEY PRESIDENT N/A
Officer Director
$0 $0 $0
ROD FRAIZER VICE PRESIDE N/A
Officer Director
$0 $0 $0
DEBRA KUHN TREASURER N/A
Officer Director
$0 $0 $0
IAN BRILL FIRE CHIEF N/A
Officer Director
$0 $0 $0
ERIN WILLIAMS SECRETARY N/A
Officer Director
$0 $0 $0
JOE WILLIAMS MEMBER AT LA N/A
Officer Director
$0 $0 $0
DONALD MASON MEMBER AT LA 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
2024 $554,827 $685,597 $12,392,690 $-130,770
2023 $615,198 $803,158 $10,840,008 $-187,960
2022 $514,559 $459,453 $11,940,689 $55,106
2022 $514,559 $459,453 $5,106,640 $55,106
2021 $591,102 $516,012 $2,141,164 $75,090
2020 $450,607 $554,248 $1,883,392 $-103,641
2019 $746,033 $583,108 $1,964,681 $162,925
2018 $401,228 $258,287 $6,075,431 $142,941
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