COOLEEMEE VOLUNTEER FIRE DEPARTMENT (EIN 561347290) - 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

1982

Legal Domicile

Phone

3362842411

Tax Period

2025-01-01 to 2025-12-31

COOLEEMEE VOLUNTEER FIRE DEPARTMENT, founded in 1982, is a small nonprofit in the Public Safety sector that reported $320K in total revenue in fiscal year 2025. Net assets of $728K represent 27 months of operating reserves.

Mission

PROVIDE FIRE PROTECTION SERVICES AND FIRE PREVENTION EDUCATION FOR THE COMMUNITY OF COOLEEMEE, NC.

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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 $312,269

Program Service Revenue $0

Investment Income $795

Other Revenue $7,192

TOTAL REVENUE $320,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,515

Fundraising Expenses $0

Program Expenses $314,422

Other Expenses $240,698

TOTAL EXPENSES $332,213

Year-over-Year Comparison

	2025	2024	Change
Revenue	$320,256	$314,024	+0.0%
Expenses	$332,213	$298,446	+0.1%
Net Income	$-11,957	$15,578	-1.8%

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

$7,232

Total Directors

$22,675

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VELVET HACKETT	DIRECTOR	0.00	Director	$14,243	$0	$14,243
PAULA E WILLIAMS	SECRETARYTREASURER	5.00	Officer Director	$6,000	$0	$6,000
JEFF MUMM	VICE-PRESIDENT	0.00	Officer Director	$1,232	$0	$1,232
CONNOR HENNELLY	DIRECTOR	1.00	Director	$1,200	$0	$1,200
BAILEE CARTER	DIRECTOR	0.00	Director	$0	$0	$0
DYLAN HAWKEY	DIRECTOR	0.00	Officer Director	$0	$0	$0
DOUG ARLEDGE	PRESIDENT	1.00	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
2025	$320,256	$332,213	$958,638	$-11,957
2024	$314,024	$298,446	$739,668	$15,578
2023	$281,840	$266,425	$725,424	$15,415
2022	$297,923	$225,336	$709,491	$72,587
2021	$198,905	$255,357	$638,822	$-56,452
2020	$175,621	$217,477	$693,751	$-41,856
2019	$585,901	$187,066	$735,085	$398,835
2018	$145,462	$132,954	$409,357	$12,508

COOLEEMEE VOLUNTEER FIRE DEPARTMENT