WEST BUNCOMBE FIRE DEPARTMENT (EIN 561118530) - 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

1959

Legal Domicile

Principal Officer

JUDY BOND

Phone

8282532054

Tax Period

2023-07-01 to 2024-06-30

WEST BUNCOMBE FIRE DEPARTMENT, founded in 1959, is a community nonprofit in the Public Safety sector that reported $3.8M in total revenue in fiscal year 2023.

Mission

PROVIDING FIRE PROTECTION FOR DISTRICT

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $79,771

Program Service Revenue $3,680,995

Investment Income $28,021

Other Revenue $40,941

TOTAL REVENUE $3,829,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,848,636

Fundraising Expenses $0

Program Expenses $3,854,300

Other Expenses $1,112,644

TOTAL EXPENSES $3,961,280

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,829,728	$3,734,812	+0.0%
Expenses	$3,961,280	$3,896,941	+0.0%
Net Income	$-131,552	$-162,129	-0.2%

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

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

$94,158

Total Directors

$94,158

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDY BOND	TREASURER	2.00	Officer Director	$0	$0	$0
VERNON DOVER	PRESIDENT	2.00	Officer Director	$0	$0	$0
MIKE BOWLIN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
EDDIE WILLIAMS	SECRETARY	2.00	Officer Director	$0	$0	$0
DENNIS FAGNANT	FIRE CHIEF	40.00	Officer Director	$94,158	$0	$94,158
DAVID MARTIN	DEPUTY FIRE	40.00	Officer Director	$0	$0	$0
DARYL DODD	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SLUDER	DIRECTOR	1.00	Director	$0	$0	$0
BILL BLACK	DIRECTOR	1.00	Director	$0	$0	$0
GIB CLEMENTS	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP FISHER	DIRECTOR	1.00	Director	$0	$0	$0
JOSH HOLMES	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$3,829,728	$3,961,280	$8,859,420	$-131,552
2023	$3,734,812	$3,896,941	$8,633,478	$-162,129
2022	$3,501,644	$3,330,043	$9,044,593	$171,601
2021	$3,061,169	$2,812,564	$8,902,088	$248,605
2020	$2,733,195	$2,357,163	$8,480,042	$376,032
2019	$2,437,526	$2,301,100	$6,159,481	$136,426

WEST BUNCOMBE FIRE DEPARTMENT