SOUTH FORK VOLUNTEER FIRE DEPARTMENT INC (EIN 550585812) - 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

1962

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

SOUTH FORK VOLUNTEER FIRE DEPARTMENT INC, founded in 1962, is a small nonprofit in the Public Safety sector that reported $922K in total revenue in fiscal year 2024. Revenue surged 143% from the prior year, signaling strong growth momentum. The organization ran a surplus of $736K, a strong 80% operating margin.

Mission

To provide fire protection and rescue services to the general public in the community.

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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 $868,606

Program Service Revenue $0

Investment Income $27,271

Other Revenue $26,061

TOTAL REVENUE $921,938

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,891

Other Expenses $185,891

TOTAL EXPENSES $185,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$921,938	$379,777	+1.4%
Expenses	$185,891	$196,334	-0.1%
Net Income	$736,047	$183,443	+3.0%

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
Jeffrey Bowers	President	Officer	$0	$0	$0
Seth Bowers	Assistant Fire Chief	Officer	$0	$0	$0
Mary Ann Nelson	Treasurer	Officer	$0	$0	$0
Timmy Hook	Lieutenant	Officer	$0	$0	$0
Dennis Knicely	Secretary	Officer	$0	$0	$0
Roy Bowers	Fire Chief	Officer	$0	$0	$0
Nathan Parker	Captain	Officer	$0	$0	$0
Lloyd Long	Vice-President	Officer	$0	$0	$0
Greg Dyer	Training Officer	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
2024	$921,938	$185,891	$1,913,666	$736,047
2023	$379,777	$196,334	$1,177,619	$183,443
2022	$198,703	$148,740	$994,176	$49,963
2021	$159,572	$113,851	$944,213	$45,721
2020	$125,537	$88,232	$898,492	$37,305

SOUTH FORK VOLUNTEER FIRE DEPARTMENT INC