Institute Volunteer Fire Department (EIN 550118860) - Form 990 Financial Analysis & Trantor Score

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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

1949

Legal Domicile

Phone

3047686678

Tax Period

2024-07-01 to 2025-06-30

Institute Volunteer Fire Department, founded in 1949, is a small nonprofit in the Public Safety sector that reported $212K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $184K left a modest 13% surplus.

Mission

TO PROTECT THE COMMUNITY IT SERVES BOTH LIFE AND PROPERTY FROM FIRE, FLOOD AND OTHER ACTS OF NATURE. TO EDUCATE THE PUBLIC IN FIRE PREVENTION AND PROTECTION. TO RENDER PUBLIC ASSISTANCE IN TIME OF EMERGENCIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $212,007

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $212,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $184,450

Other Expenses $184,450

TOTAL EXPENSES $184,450

Year-over-Year Comparison

	2024	2023	Change
Revenue	$212,007	$193,190	+0.1%
Expenses	$184,450	$176,777	+0.0%
Net Income	$27,557	$16,413	+0.7%

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

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	Role	Reportable Comp	Other Comp	Total
TERENCE HAMRICK	DIRECTOR	Director	$0	$0	$0
TOM HAMILTON	DIRECTOR	Director	$0	$0	$0
CORNELIUS JONES	DIRECTOR	Director	$0	$0	$0
WC MOYERS	DIRECTOR	Director	$0	$0	$0
CJ SCAFF	DIRECTOR	Director	$0	$0	$0
KEN MOSLEY	PRESIDENT	Officer	$0	$0	$0
DAVID GREEN	VICE PRESIDENT	Officer	$0	$0	$0
TAMEKA ROY	SECRETARY	Officer	$0	$0	$0
FRANK WALKER	TREASURER	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	$212,007	$184,450	$1,034,181	$27,557
2024	$193,190	$176,777	$1,041,222	$16,413
2023	$162,182	$188,747	$1,040,752	$-26,565
2022	$203,941	$220,787	$1,088,639	$-16,846
2021	$136,253	$137,858	$1,099,602	$-1,605
2020	$966,677	$329,918	$808,669	$636,759

Institute Volunteer Fire Department