BELMONT VOLUNTEER FIRE DEPT INC

EIN: 550759396 501(c)(3) Public Safety

BELMONT, WV

Total Revenue
$143,978
Total Expenses
$125,563
Total Assets
$734,927
Net Assets
$586,997
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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
1954
Legal Domicile
WV
Phone
3046657401
Tax Period
2024-01-01 to 2024-12-31

BELMONT VOLUNTEER FIRE DEPT INC, founded in 1954, is a small nonprofit in the Public Safety sector that reported $144K in total revenue in fiscal year 2024. Expenses of $126K left a modest 13% surplus.

Mission

FIRE SUPPRESSION, RESCUE AND AUTO ACCIDENT RESPONSE, TRAINING PUBLIC ON FIRST AID AND CPR

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $143,978
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $143,978

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,085
Program Expenses $123,478
Other Expenses $125,563
TOTAL EXPENSES $125,563

Year-over-Year Comparison

2024 2023 Change
Revenue $143,978 $148,379 0.0%
Expenses $125,563 $163,707 -0.2%
Net Income $18,415 $-15,328 -2.2%
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

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Governance

Voting Members
5
Independent Members
5
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM HYRE CHIEF 15.00
Officer
$0 $0 $0
JAMES RIGGS TREASURER 10.00
Officer
$0 $0 $0
TJ BULLMAN SECRETARY 10.00
Officer
$0 $0 $0
RYAN TUCKER VICE PRESIDENT 10.00
Officer
$0 $0 $0
ROBBY BINEGAR PRESIDENT 15.00
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
2024 $143,978 $125,563 $734,927 $18,415
2023 $148,379 $163,707 $735,899 $-15,328
2022 $208,168 $296,684 $786,440 $-88,516
2021 $204,610 $67,181 $672,426 $137,429
2020 $121,092 $66,576 $585,193 $54,516
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