Idlewild Volunteer Fire Department Inc (EIN 561279172) - 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

1974

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Idlewild Volunteer Fire Department Inc, founded in 1974, is a community nonprofit in the Public Safety sector that reported $1.0M in total revenue in fiscal year 2023. Expenses of $968K left a modest 5% surplus.

Mission

The Organization provides fire protection and emergency medical services under contract with two municipalities and Mecklenburg EMS Agency, which provide support.

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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 $1,015,657

Program Service Revenue $0

Investment Income $3,302

Other Revenue $2,705

TOTAL REVENUE $1,021,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $728,584

Fundraising Expenses $2,988

Program Expenses $899,892

Other Expenses $239,284

TOTAL EXPENSES $967,868

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,021,664	$964,508	+0.1%
Expenses	$967,868	$891,225	+0.1%
Net Income	$53,796	$73,283	-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

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
Thomas ODonnell	Volunteer Firefighter	0.00	Highest	$34,132	$0	$34,132
David Fuller	Board Member	0.50	Director	$0	$0	$0
Rick Aydlett	Board Member	0.50	Director	$0	$0	$0
Timothy Greiner	Board Member	0.50	Director	$0	$0	$0
Laura Cragg	Board Member	0.50	Director	$0	$0	$0
Henry Allison	Board Member	0.50	Director	$0	$0	$0
Jim Wright	Vice President	0.50	Officer Director	$0	$0	$0
Jay GARBUS	President	0.50	Officer Director	$0	$0	$0
Jim Burke	Secretary	0.50	Officer Director	$0	$0	$0
Jay Alexander	Treasurer	0.50	Officer 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
2024	$1,021,664	$967,868	$792,730	$53,796
2023	$964,508	$891,225	$763,149	$73,283
2022	$812,360	$895,152	$710,822	$-82,792
2021	$891,057	$878,796	$807,892	$12,261
2020	$912,134	$1,010,165	$854,888	$-98,031
2019	$867,772	$889,134	$1,097,211	$-21,362

Idlewild Volunteer Fire Department Inc