ALLEN VOLUNTEER FIRE DEPARTMENT INC (EIN 561229735) - Form 990 Financial Analysis & Trantor Score

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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

1959

Legal Domicile

Principal Officer

MIKE FAGGART

Phone

7047827590

Tax Period

2023-07-01 to 2024-06-30

ALLEN VOLUNTEER FIRE DEPARTMENT INC, founded in 1959, is a small nonprofit that reported $926K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $259K, a strong 28% operating margin.

Mission

PROVIDE FIRE PROTECTION FOR ALLEN FIRE DISTRICT RESIDENTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $919,324

Program Service Revenue $0

Investment Income $6,907

Other Revenue $240

TOTAL REVENUE $926,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $320,618

Fundraising Expenses $0

Program Expenses $600,641

Other Expenses $346,761

TOTAL EXPENSES $667,379

Year-over-Year Comparison

	2023	2022	Change
Revenue	$926,471	$768,481	+0.2%
Expenses	$667,379	$700,812	0.0%
Net Income	$259,092	$67,669	+2.8%

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

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

$1,500

Total Directors

$61,495

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE FAGGART	BOARD PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID DRAKE	BOARD VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CUYLER SLOCUM	MEMBER	2.00	Director	$22,167	$0	$22,167
JAKE BARBEE	MEMBER	2.00	Director	$32,295	$0	$32,295
ZACK ALMOND	EX-MEMBER	2.00	Director	$0	$0	$0
JERRY HELMS	MEMBER	2.00	Director	$5,533	$0	$5,533
BRANDY PORTER	MEMBER	2.00	Director	$0	$0	$0
JENNIFER DOZIER	SECRETARY/TREASURER	2.00	Officer Director	$1,500	$0	$1,500

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	$926,471	$667,379	$1,276,749	$259,092
2023	$768,481	$700,812	$933,756	$67,669
2022	$627,705	$609,730	$954,824	$17,975
2021	$642,321	$603,296	$1,022,876	$39,025
2020	$538,980	$799,516	$1,067,250	$-260,536
2019	$722,169	$456,469	$1,259,962	$265,700
2018	$388,171	$430,381	$1,065,510	$-42,210

ALLEN VOLUNTEER FIRE DEPARTMENT INC