WEST YANCEY VOLUNTEER FIRE DEPARTMENT INC (EIN 561266265) - 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

1981

Legal Domicile

Principal Officer

BOBBY PROFFITT

Phone

8286821450

Tax Period

2025-01-01 to 2025-12-31

WEST YANCEY VOLUNTEER FIRE DEPARTMENT INC, founded in 1981, is a small nonprofit in the Public Safety sector that reported $486K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $443K left a modest 9% surplus.

Mission

PROVIDE AN ALL VOLUNTEER FIRE PROTECTION & EMERGENCY SERVICES FOR A SECTION OF YANCEY COUNTY, NORTH CAROLINA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $278,873

Program Service Revenue $207,031

Investment Income $5

Other Revenue $0

TOTAL REVENUE $485,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $442,571

Other Expenses $442,571

TOTAL EXPENSES $442,571

Year-over-Year Comparison

	2025	2024	Change
Revenue	$485,909	$445,604	+0.1%
Expenses	$442,571	$383,918	+0.2%
Net Income	$43,338	$61,686	-0.3%

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

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
TIMOTHY HYLEMON	SECRETARY	3.00	Officer	$0	$0	$0
ELIAS POLANCO	TREASURER	5.00	Officer	$0	$0	$0
BOBBY PROFFITT	PRESIDENT	5.00	Officer	$0	$0	$0
KEVIN SWANN	VICE PRESIDE	2.00	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	$485,909	$442,571	$3,228,528	$43,338
2024	No data	No data	No data	No data
2023	$273,064	$320,423	$2,537,926	$-47,359
2022	$302,149	$348,455	$2,585,285	$-46,306
2021	$253,614	$364,108	$2,631,591	$-110,494
2020	$767,190	$356,580	$2,742,085	$410,610
2019	$274,710	$326,900	$2,331,475	$-52,190
2018	$233,250	$305,347	$2,383,665	$-72,097

WEST YANCEY VOLUNTEER FIRE DEPARTMENT INC