KINGWOOD VOLUNTEER FIRE DEPARTMENT INC

EIN: 550420857 501(c)(3) Public Safety

KINGWOOD, WV

Total Revenue
$998,816
Total Expenses
$396,380
Total Assets
$2,772,858
Net Assets
$2,644,849
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
WV
Principal Officer
TIMOTHY CALVERT
Phone
3043290101
Tax Period
2024-01-01 to 2024-12-31

KINGWOOD VOLUNTEER FIRE DEPARTMENT INC, founded in 1939, is a small nonprofit in the Public Safety sector that reported $999K in total revenue in fiscal year 2024. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $602K, a strong 60% operating margin.

Mission

THE KINGWOOD VOLUNTEER FIRE DEPARTMENT PROTECTS THE CITY OF KINGWOOD, WHICH IS ABOUT 2.4 SQUARE MILES WITH A POPULATION OF ABOUT 3,200. THEY ALSO PROTECT THE OUTLYING AREAS OF MANOWN, PRESTON, HOWESVILLE, AND CADDELL MOUNTAIN. THIS MAKES THE TOTAL AREA OF COVERAGE ABOUT 54 SQUARE MILES WITH A POPULATION OF 5,200. THE MAJORITY OF THE AREA IS RURAL AND IN SOME CASES WITHOUT FIRE HYDRANTS. IN OUR AREA WE PROTECT MATTHEWS BRONZE, PRESTON MEMORIAL HOSPITAL, APPALACHIAN WOOD PELLETS, PRESTON HIGH SCHOOL AND CAMP DAWSON. THE THREE MAJOR ROUTES THROUGH OUR AREA ARE RT. 7, RT. 26, AND RT.72. THE PRESTON COUNTY HIRT TEAM (HAZARDS INCIDENT RESPONSE TEAM), COMPANY 30 MEETS AND HOUSES EQUIPMENT AT KINGWOOD VOLUNTEER FIRE DEPARTMENT.

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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 $679,605
Program Service Revenue $0
Investment Income $59,520
Other Revenue $259,691
TOTAL REVENUE $998,816

Expense Breakdown

Grants Paid $3,675
Salaries & Benefits $18,656
Fundraising Expenses $0
Program Expenses $396,380
Other Expenses $374,049
TOTAL EXPENSES $396,380

Year-over-Year Comparison

2024 2023 Change
Revenue $998,816 $486,150 +1.1%
Expenses $396,380 $302,865 +0.3%
Net Income $602,436 $183,285 +2.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
40
Volunteers
100

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
8
$2,251
Total Directors
14
$7,566
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STANLEY STALNAKER DIRECTOR 1.00
Director
$4,998 $0 $4,998
THOMAS ROBINSON ASSISTANT SE 1.00
Officer Director
$872 $0 $872
ETHAN ROUZEE FIRE CHIEF 1.00
Officer Director
$747 $0 $747
MATT BORROR PRESIDENT 1.00
Officer Director
$321 $0 $321
SCOTT BEXFIELD DIRECTOR 1.00
Director
$317 $0 $317
WILLIAM LINDLEY II DIRECTOR 1.00
Officer Director
$311 $0 $311
DAVID BROWN DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY CALVERT TREASURER 1.00
Officer Director
$0 $0 $0
ROGER HARDESTY DIRECTOR 1.00
Director
$0 $0 $0
HARRY HAYES VICE PRESIDE 1.00
Officer Director
$0 $0 $0
MICHAEL SHAFFER SECRETARY 1.00
Officer Director
$0 $0 $0
JOSEPH SMITH ASSISTANT TR 1.00
Officer Director
$0 $0 $0
NED STONE DIRECTOR 1.00
Director
$0 $0 $0
DARWIN TITCHENELL DIRECTOR 1.00
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 $998,816 $396,380 $2,772,858 $602,436
2023 $486,150 $302,865 $2,345,397 $183,285
2022 $439,779 $289,683 $2,376,737 $150,096
2021 $294,171 $284,497 $2,353,378 $9,674
2020 $183,328 $307,987 $2,389,148 $-124,659
2018 $277,195 $252,164 $2,093,077 $25,031
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