Belington Volunteer Fire Department Inc

EIN: 550779763 501(c)(3) Human Services

Belington, WV

Total Revenue
$1,925,387
Total Expenses
$1,665,919
Total Assets
$2,007,948
Net Assets
$1,655,837
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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
1939
Legal Domicile
WV
Principal Officer
Joey Bolyard
Phone
3048231234
Tax Period
2024-07-01 to 2025-06-30

Belington Volunteer Fire Department Inc, founded in 1939, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.7M left a modest 13% surplus.

Mission

Provide fire fighting and EMS services

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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 $1,879,415
Program Service Revenue $0
Investment Income $24,922
Other Revenue $21,050
TOTAL REVENUE $1,925,387

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,294,230
Program Expenses $371,689
Other Expenses $1,665,919
TOTAL EXPENSES $1,665,919

Year-over-Year Comparison

2024 2023 Change
Revenue $1,925,387 N/A N/A
Expenses $1,665,919 N/A N/A
Net Income $259,468 N/A N/A
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
10
Independent Members
10
Employees
N/A
Volunteers
10

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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joey Bolyard President 10.00
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
2025 $1,925,387 $1,665,919 $2,007,948 $259,468
2024 $361,791 $281,682 $1,684,125 $80,109
2023 $450,676 $214,967 $1,737,561 $235,709
2023 $477,534 $241,825 $1,737,561 $235,709
2022 $715,317 $207,774 $1,553,686 $507,543
2021 $279,535 $241,474 $1,277,281 $38,061
2020 $140,880 $122,207 $1,319,041 $18,673
2019 $134,750 $201,387 $1,313,131 $-66,637
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