Clyde Volunteer Fire Department

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

Clyde Volunteer Fire Department, founded in 1958, is a small nonprofit in the Public Safety sector that reported $548K in total revenue in fiscal year 2022. Expenses of $471K left a modest 14% surplus.

Mission

Fire prevention and first responder services for Clyde North Carolina

Program Service Accomplishments

Program 1

Expenses: $439,528

Fire protection, firefighting and first responder services to Clyde, NC and assisting fire departments in neighboring communities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $531,666

Program Service Revenue $5,296

Investment Income $2,036

Other Revenue $9,004

TOTAL REVENUE $548,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,431

Fundraising Expenses $0

Program Expenses $439,528

Other Expenses $310,061

TOTAL EXPENSES $471,492

Year-over-Year Comparison

	2022	2021	Change
Revenue	$548,002	$533,344	+0.0%
Expenses	$471,492	$449,862	+0.0%
Net Income	$76,510	$83,482	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Mike LIndsey	Treasurer	2.00	Officer	$0	$0	$0
Gene Sizemore	Chairman	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
2023	$548,002	$471,492	$1,575,777	$76,510
2022	$533,344	$449,862	$1,543,907	$83,482
2021	$435,781	$417,821	$1,513,666	$17,960
2020	$419,144	$412,799	$1,563,525	$6,345
2019	$422,704	$416,749	$1,202,216	$5,955
2018	$417,254	$447,497	$1,228,617	$-30,243