COTTON VOLUNTEER FIRE DEPARTMENT INC (EIN 561354313) - 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

1958

Legal Domicile

Principal Officer

KEVIN DOVE

Phone

9104259385

Tax Period

2024-07-01 to 2025-06-30

COTTON VOLUNTEER FIRE DEPARTMENT INC, founded in 1958, is a community nonprofit in the Public Safety sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 3% surplus.

Mission

FIRE PROTECTION AND PREVENTION SERVICES

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,444,221

Investment Income $27,299

Other Revenue $46,153

TOTAL REVENUE $1,517,673

Expense Breakdown

Grants Paid $0

Salaries & Benefits $861,482

Fundraising Expenses $0

Program Expenses $1,471,046

Other Expenses $609,564

TOTAL EXPENSES $1,471,046

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,517,673	$1,387,295	+0.1%
Expenses	$1,471,046	$1,353,047	+0.1%
Net Income	$46,627	$34,248	+0.4%

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

Total Directors

$33,192

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALD MELVIN	PRESIDENT	5.00	Director	$0	$0	$0
KEVIN DOVE	TREASURER	5.00	Director	$9,117	$0	$9,117
TREY MCLEAN	SECRETARY	5.00	Director	$0	$0	$0
OWEN HARRIS	MEMBER	5.00	Director	$24,075	$0	$24,075
ROY YOUNG	MEMBER	0.00	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	$1,517,673	$1,471,046	$2,299,913	$46,627
2024	$1,387,295	$1,353,047	$2,253,286	$34,248
2023	$1,282,726	$1,358,601	$2,358,882	$-75,875
2022	$1,074,406	$1,259,816	$2,615,921	$-185,410
2021	$1,204,243	$1,136,857	$2,911,660	$67,386
2020	$1,111,489	$1,013,535	$2,660,132	$97,954
2019	$1,181,164	$1,135,220	$2,649,154	$45,944

COTTON VOLUNTEER FIRE DEPARTMENT INC