WYOMING COUNTY FIRE COMPANY INC (EIN 550739481) - 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

1974

Legal Domicile

Principal Officer

D MICHAEL GOODE

Phone

3047326588

Tax Period

2024-01-01 to 2024-12-31

WYOMING COUNTY FIRE COMPANY INC, founded in 1974, is a small nonprofit in the Public Safety sector that reported $186K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $117K, a strong 63% operating margin.

Mission

VOLUNTEER FIRE DEPARTMENT

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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 $153,346

Program Service Revenue $0

Investment Income $2,877

Other Revenue $29,775

TOTAL REVENUE $185,998

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $67,549

Other Expenses $68,549

TOTAL EXPENSES $68,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,998	$229,410	-0.2%
Expenses	$68,549	$175,838	-0.6%
Net Income	$117,449	$53,572	+1.2%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
D MICHAEL GOODE	PRESIDENT	5.00	Officer Director	$0	$0	$0
ROBERT D BAILEY IV	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MIKE JOHNSON	SECRETARY	5.00	Officer Director	$0	$0	$0
ROBERT C VANHOY JR	TREASURER	5.00	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	$185,998	$68,549	$255,022	$117,449
2023	$229,410	$175,838	$156,418	$53,572
2022	$95,904	$76,712	$120,607	$19,192
2021	$122,292	$80,640	$125,543	$41,652
2020	$128,094	$91,959	$118,582	$36,135
2019	$125,356	$76,796	$122,856	$48,560
2018	$105,913	$112,847	$113,914	$-6,934

WYOMING COUNTY FIRE COMPANY INC