WELCH VOLUNTEER FIRE DEPARTMENT

EIN: 550763480 501(c)(3) Public Safety

Welch, WV

Total Revenue
$107,983
Total Expenses
$106,852
Total Assets
$177,620
Net Assets
$177,620
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
WV
Principal Officer
Guy Wyatt
Phone
3044363113
Tax Period
2021-01-01 to 2021-12-31

WELCH VOLUNTEER FIRE DEPARTMENT, founded in 1987, is a small nonprofit in the Public Safety sector that reported $108K in total revenue in fiscal year 2021. Revenue decreased 6% compared to the prior year.

Mission

To provide fire protection services to the City of Welch and surrounding areas.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $107,938
Investment Income $45
Other Revenue $0
TOTAL REVENUE $107,983

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $106,852
Other Expenses $106,852
TOTAL EXPENSES $106,852

Year-over-Year Comparison

2021 2020 Change
Revenue $107,983 $114,918 -0.1%
Expenses $106,852 $103,675 +0.0%
Net Income $1,131 $11,243 -0.9%
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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
32

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Guy Wyatt Fire Chief 10
Officer Director
$0 $0 $0
George Waldron Assistant Chief 10
Director
$0 $0 $0
Adam Gianato Captain 6
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
2021 $107,983 $106,852 $177,620 $1,131
2020 $114,918 $103,675 $168,366 $11,243
2019 $105,412 $96,356 $113,825 $9,056
Explore More Nonprofits
→Top 100 Nonprofits in West Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WELCH VOLUNTEER FIRE DEPARTMENT with other nonprofits in West Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.