COWEN VOLUNTEER FIRE DEPT (EIN 556023700) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Phone

3046440649

Tax Period

2024-01-01 to 2024-12-31

COWEN VOLUNTEER FIRE DEPT, founded in 1980, is a small nonprofit in the Public Safety sector that reported $525K in total revenue in fiscal year 2024. Revenue surged 368% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 16% operating margin.

Mission

VOLUNTEER FIRE DEPT

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $524,293

Program Service Revenue $0

Investment Income $281

Other Revenue $0

TOTAL REVENUE $524,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $438,741

Other Expenses $438,741

TOTAL EXPENSES $438,741

Year-over-Year Comparison

	2024	2023	Change
Revenue	$524,574	$112,194	+3.7%
Expenses	$438,741	$66,500	+5.6%
Net Income	$85,833	$45,694	+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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
STEVEN MULLINS	PRESIDENT	5.00	Officer	$0	$0	$0
JOSHUA DAVIS	LIEUTENANT	5.00	Officer	$0	$0	$0
JAMES BRAGG	CHAPLAIN	5.00	Officer	$0	$0	$0
DEBORAH LEE	SECRETARY & TREASURER	5.00	Officer	$0	$0	$0
DALTON HOSEY Jr	LIEUTENANT	5.00	Officer	$0	$0	$0
MATTHEW BROWN	ASST CHIEF	5.00	Officer	$0	$0	$0
LANCE BRAGG	CHIEF	8.00	Officer	$0	$0	$0
JASON LEE	2ND CAPTAIN	5.00	Officer	$0	$0	$0
BRANDON COGAR	CAPTAIN	5.00	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	$524,574	$438,741	$647,847	$85,833
2023	$112,194	$66,500	$562,014	$45,694
2022	$82,383	$62,271	$516,320	$20,112
2019	No data	No data	No data	No data

COWEN VOLUNTEER FIRE DEPT