READER VOLUNTEER FIRE DEPARTMENT INC

EIN: 550573146 501(c)(3) Public Safety

READER, WV

Total Revenue
$101,899
Total Expenses
$46,094
Total Assets
$630,838
Net Assets
$630,838
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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
1998
Legal Domicile
WV
Tax Period
2023-01-01 to 2023-12-31

READER VOLUNTEER FIRE DEPARTMENT INC, founded in 1998, is a small nonprofit in the Public Safety sector that reported $102K in total revenue in fiscal year 2023. The organization ran a surplus of $56K, a strong 55% operating margin.

Mission

TO PROVIDE VOLUNTEER FIRE, RESCUE & EMERGENCY SERVICES TO THE COMMUNITY OF READER WV.

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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 (2023)

Revenue Breakdown

Contributions & Grants $101,899
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $101,899

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $46,094
TOTAL EXPENSES $46,094

Year-over-Year Comparison

2023 2022 Change
Revenue $101,899 N/A N/A
Expenses $46,094 N/A N/A
Net Income $55,805 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

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
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
DONEL BARKER TREASURER 5.00
Officer
$0 $0 $0
RYAN BUCHER FIRE CHIEF 25.00
Officer
$0 $0 $0
PHILIP DENNISON SECRETARY 5.00
Officer
$0 $0 $0
RICK BUCHER PRESIDENT 25.00
Officer
$0 $0 $0
FORREST TENNANT VICE PRESIDENT 5.00
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
2023 $101,899 $46,094 $630,838 $55,805
2022 $96,671 $37,948 $575,033 $58,723
2021 $72,712 $31,413 $630,069 $41,299
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