CULLODEN VOLUNTEER FIRE DEPT

EIN: 556023543 501(c)(3) Public Safety

CULLODEN, WV

Total Revenue
$357,151
Total Expenses
$394,627
Total Assets
$565,469
Net Assets
$170,842
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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
1955
Legal Domicile
WV
Principal Officer
Rodney Shirkey
Phone
3049721360
Tax Period
2024-07-01 to 2025-06-30

CULLODEN VOLUNTEER FIRE DEPT, founded in 1955, is a small nonprofit in the Public Safety sector that reported $357K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $395K exceeded revenue, resulting in a 10% operating deficit.

Mission

To respond to emergencies within and including surrounding communities

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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 $357,151
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $357,151

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $394,627
TOTAL EXPENSES $394,627

Year-over-Year Comparison

2024 2023 Change
Revenue $357,151 $211,384 +0.7%
Expenses $394,627 $167,627 +1.4%
Net Income $-37,476 $43,757 -1.9%
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RODNEY SHIRKEY CHIEF 20.0
Officer
$0 $0 $0
HARRY FRASHER PRESIDENT OF BOARD 15.0
Officer
$0 $0 $0
KALEB FRENCH TREASURER 15.0
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 $357,151 $394,627 $565,469 $-37,476
2024 $211,384 $167,627 $375,945 $43,757
2023 $725,975 $753,750 $394,221 $-27,775
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