WEST VIRGINIA STATE FIREMENS ASSOC

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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

1930

Legal Domicile

Phone

3046736756

Tax Period

2024-07-01 to 2025-06-30

WEST VIRGINIA STATE FIREMENS ASSOC, founded in 1930, is a micro nonprofit that reported $64K in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 48% operating margin.

Mission

TO PROMOTE FIRE SAFETY, EDUCATION AND PREVENTION IN WV.

Program Service Accomplishments

Program 1

Expenses: $33,166 Revenue: $63,702

(1) TO EDUCATE, TRAIN, AND UNIFY THE VOLUNTEER FIREFIGHTERS OF WEST VIRGINIA (2) TO INFORM AND EDUCATE THE CITIZENS OF WEST VIRGINIA IN FIRE PREVENTION METHODS, FIRE SAFETY, AND APPROPRIATED...

(1) TO EDUCATE, TRAIN, AND UNIFY THE VOLUNTEER FIREFIGHTERS OF WEST VIRGINIA (2) TO INFORM AND EDUCATE THE CITIZENS OF WEST VIRGINIA IN FIRE PREVENTION METHODS, FIRE SAFETY, AND APPROPRIATED RESPONSE(S) TO EMERGENCY SITUATIONS.

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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 $50,491

Program Service Revenue $0

Investment Income $13,211

Other Revenue $0

TOTAL REVENUE $63,702

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,166

Other Expenses $33,166

TOTAL EXPENSES $33,166

Year-over-Year Comparison

	2024	2023	Change
Revenue	$63,702	$36,846	+0.7%
Expenses	$33,166	$31,148	+0.1%
Net Income	$30,536	$5,698	+4.4%

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
RONALD FLETCHER	3RD VP	2.00	Director	$0	$0	$0
DENNIS THORNTON	HISTORIAN	1.00	Director	$0	$0	$0
STEVE MILLER	PARLIAMENTARIAN	1.00	Director	$0	$0	$0
JOSEPH LOFTON	SGT AT ARMS	0.00	Director	$0	$0	$0
SANDRA MCDONALD	FIN SEC	0.00	Director	$0	$0	$0
DIANE VIANDS	ASST SEC	1.00	Director	$0	$0	$0
RANDY WALLS	PRESIDENT	2.00	Officer	$0	$0	$0
DOUG MIRACLE	1ST VP	1.00	Officer	$0	$0	$0
CRAIG COX	2ND VP	1.00	Officer	$0	$0	$0
COLLEEN V BEAUSCHESNE	TREASURER	2.00	Officer	$0	$0	$0
CHAD LINDSAY	EXE SEC	0.00	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
2025	$63,702	$33,166	$414,299	$30,536
2024	$36,846	$31,148	$383,763	$5,698
2023	$44,895	$33,815	$378,065	$11,080
2022	$17,257	$36,915	$366,985	$-19,658
2021	$39,647	$28,621	$386,643	$11,026
2020	$42,210	$25,197	$375,617	$17,013
2019	$29,442	$30,750	$358,604	$-1,308