REEDSVILLE VOLUNTEER FIRE DEPARTMENT INC (EIN 550648204) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

LETICIA LAMBERT

Phone

3048643630

Tax Period

2025-01-01 to 2025-12-31

REEDSVILLE VOLUNTEER FIRE DEPARTMENT INC, founded in 1955, is a small nonprofit that reported $176K in total revenue in fiscal year 2025. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $197K exceeded revenue, resulting in a 12% operating deficit.

Mission

MAINTAIN AN ORGANIZED VOLUNTEER FIRE DEPARTMENT FOR THE PROTECTION OR LIFE AND PROPERTY AS DIPATCHED BY EMERGENCY SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $134,511

Program Service Revenue $1,950

Investment Income $5,350

Other Revenue $34,379

TOTAL REVENUE $176,190

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $145,183

Other Expenses $196,873

TOTAL EXPENSES $196,873

Year-over-Year Comparison

	2025	2024	Change
Revenue	$176,190	$269,073	-0.3%
Expenses	$196,873	$140,464	+0.4%
Net Income	$-20,683	$128,609	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CLINTON ADKINS	TREASURER	N/A	Officer	$0	$0	$0
ROBERT BRAGG	SECRETARY	N/A	Officer	$0	$0	$0
TERRY COCHRAN	PRESIDENT	N/A	Officer	$0	$0	$0
LETICIA LAMBERT	VICE PRESIDE	N/A	Officer	$0	$0	$0
MICHAEL RILEY	ASSISTANT CH	N/A	Officer	$0	$0	$0
SCOTT SPIKER	CHIEF	N/A	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	$176,190	$196,873	$2,084,010	$-20,683
2024	$269,073	$140,464	$2,217,467	$128,609
2023	$198,884	$190,799	$2,060,925	$8,085
2022	$179,026	$101,035	$2,086,951	$77,991
2021	$245,984	$143,576	$1,932,799	$102,408
2020	$169,053	$145,234	$1,845,109	$23,819

REEDSVILLE VOLUNTEER FIRE DEPARTMENT INC