Mason Volunteer Fire Department Incorporated (EIN 550591010) - 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

1936

Legal Domicile

Principal Officer

Howard E Wood

Phone

3047735832

Tax Period

2023-01-01 to 2023-12-31

Mason Volunteer Fire Department Incorporated, founded in 1936, is a small nonprofit that reported $321K in total revenue in fiscal year 2023. Revenue surged 337% from the prior year, signaling strong growth momentum. The organization ran a surplus of $127K, a strong 40% operating margin.

Mission

Fire protection for the Town of Mason and surrounding areas.

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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 (2023)

Revenue Breakdown

Contributions & Grants $320,060

Program Service Revenue $0

Investment Income $1,210

Other Revenue $0

TOTAL REVENUE $321,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,524

Program Expenses $159,606

Other Expenses $185,634

TOTAL EXPENSES $194,158

Year-over-Year Comparison

	2023	2022	Change
Revenue	$321,270	$73,463	+3.4%
Expenses	$194,158	$98,703	+1.0%
Net Income	$127,112	$-25,240	-6.0%

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

N/A

Employees

N/A

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Howard Wood	Chief	4.00	Officer Director	$0	$0	$0
Justin Nance	Assistant Chief	4.00	Officer Director	$0	$0	$0
Austin Ohlinger	Deputy Chief	6.00	Officer Director	$0	$0	$0
Joseph Day	Captain	6.00	Officer Director	$0	$0	$0
Robbie Johnson	Lieutenant	4.00	Officer Director	$0	$0	$0
Stewart Zerkle	Safety Officer	4.00	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	No data	No data	No data	No data
2023	$321,270	$194,158	$2,105,827	$127,112
2022	$73,463	$98,703	$1,528,738	$-25,240
2021	$188,459	$194,463	$1,572,564	$-6,004
2020	$139,817	$61,431	$1,598,865	$78,386
2019	$152,910	$80,510	$1,407,748	$72,400
2018	$337,214	$47,792	$1,429,129	$289,422

Mason Volunteer Fire Department Incorporated