Renick Volunteer Fire Department

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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

1955

Legal Domicile

Principal Officer

Joey Harvey

Phone

3044972525

Tax Period

2022-01-01 to 2022-12-31

Renick Volunteer Fire Department, founded in 1955, is a micro nonprofit in the Public Safety sector that reported $57K in total revenue in fiscal year 2022. The organization ran a surplus of $22K, a strong 38% operating margin.

Mission

Provide fire and rescue services to northern Greenbrier County WV and surrounding area

Program Service Accomplishments

Program 1

Expenses: $28,240 Revenue: $445

Provide volunteer fire and rescue services to the residents of Northern Greenbrier County WV 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 (2022)

Revenue Breakdown

Contributions & Grants $57,302

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $57,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,240

Other Expenses $35,263

TOTAL EXPENSES $35,263

Year-over-Year Comparison

	2022	2021	Change
Revenue	$57,302	$54,636	+0.0%
Expenses	$35,263	$45,176	-0.2%
Net Income	$22,039	$9,460	+1.3%

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	Role	Reportable Comp	Other Comp	Total
Eddie Johnson	President	Director	$0	$0	$0
Telina Harvey	Secretary Treasurer	Director	$0	$0	$0
Angie Lewis	Vice President	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
2022	$57,302	$35,263	$205,139	$22,039
2021	$54,636	$45,176	$183,100	$9,460
2020	$52,026	$48,755	$173,821	$3,271