MALDEN VOLUNTEER FIRE DEPARTMENT INC (EIN 550593105) - 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

1952

Legal Domicile

Principal Officer

William Peterson

Phone

3049259093

Tax Period

2024-07-01 to 2025-06-30

MALDEN VOLUNTEER FIRE DEPARTMENT INC, founded in 1952, is a small nonprofit in the Public Safety sector that reported $229K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $112K, a strong 49% operating margin.

Mission

Provide fire and rescue services to residents of the Malden Fire district in Kanawha County, West Virginia.

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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 $170,874

Program Service Revenue $588

Investment Income $57,779

Other Revenue $0

TOTAL REVENUE $229,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,855

Program Expenses $105,353

Other Expenses $117,395

TOTAL EXPENSES $117,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$229,241	$394,700	-0.4%
Expenses	$117,395	$159,981	-0.3%
Net Income	$111,846	$234,719	-0.5%

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

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
Mark Huddleston	Director	1	Director	$0	$0	$0
Scott Lucas	Director	1	Director	$0	$0	$0
Joe Parsons	Director	1	Director	$0	$0	$0
James Peterson	Director	1	Director	$0	$0	$0
Charles Quigley	Director	1	Director	$0	$0	$0
Harry Roberts	Director	1	Director	$0	$0	$0
Jennifer Scott	Director	1	Director	$0	$0	$0
Robert Walker	Director	1	Director	$0	$0	$0
Donnie Marshall	Director	1	Director	$0	$0	$0
Paul Raines	Director	1	Director	$0	$0	$0
Robert Parsons	Director	1	Director	$0	$0	$0
Tony Hess	Director	1	Director	$0	$0	$0
Troy Holbrook	Director	1	Director	$0	$0	$0
Glen Smith	Director	1.00	Director	$0	$0	$0
James D Waggoner	Vice President	1	Officer	$0	$0	$0
Dennis Loudermilk	Secretary	1	Officer	$0	$0	$0
Karl Shanholtzer	Treasurer	2	Officer	$0	$0	$0
William Peterson	Fire Chief	2	Officer	$0	$0	$0
Mark Holmes	President	1	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	$229,241	$117,395	$701,171	$111,846
2024	$394,700	$159,981	$613,556	$234,719
2023	$133,649	$89,535	$412,798	$44,114
2022	$127,159	$145,316	$390,979	$-18,157
2021	$140,593	$102,334	$427,065	$38,259
2020	$130,433	$135,791	$409,529	$-5,358
2018	$127,440	$123,031	$460,395	$4,409

MALDEN VOLUNTEER FIRE DEPARTMENT INC