BOLTON VOLUNTEER FIRE DEPARTMENT (EIN 561385328) - 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

1972

Legal Domicile

Phone

9108400558

Tax Period

2024-07-01 to 2025-06-30

BOLTON VOLUNTEER FIRE DEPARTMENT, founded in 1972, is a small nonprofit in the Public Safety sector that reported $190K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $79K, a strong 41% operating margin.

Mission

THE ORGANIZATIONS PURPOSE IS TO PROVIDE FIRE SUPPRESSION AND RESCUE ACTIVITIES FOR THE CITIZENS OF BOLTON, 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 (2024)

Revenue Breakdown

Contributions & Grants $55,188

Program Service Revenue $56,900

Investment Income $4

Other Revenue $77,983

TOTAL REVENUE $190,075

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $109,442

Other Expenses $111,231

TOTAL EXPENSES $111,231

Year-over-Year Comparison

	2024	2023	Change
Revenue	$190,075	$233,789	-0.2%
Expenses	$111,231	$242,517	-0.5%
Net Income	$78,844	$-8,728	-10.0%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM LONG	CHAIRMAN OF BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
CHARLES B SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS HIBOURN	BOARD MEMBER	1.00	Director	$0	$0	$0
JUNIOR SIMMONS	BOARD MEMBER	1.00	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	$190,075	$111,231	$216,389	$78,844
2024	$233,789	$242,517	$215,016	$-8,728
2023	$79,971	$102,926	$268,169	$-22,955
2022	$79,018	$83,565	$263,729	$-4,547
2021	$1,147,755	$1,082,362	$268,276	$65,393
2020	$68,781	$96,125	$999,264	$-27,344
2019	$110,266	$96,744	$247,435	$13,522

BOLTON VOLUNTEER FIRE DEPARTMENT