LUMBER BRIDGE VOLUNTEER FIRE DEPT (EIN 561387569) - 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

1970

Legal Domicile

Phone

9104241981

Tax Period

2024-01-01 to 2024-12-31

LUMBER BRIDGE VOLUNTEER FIRE DEPT, founded in 1970, is a small nonprofit in the Public Safety sector that reported $362K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $408K exceeded revenue, resulting in a 13% operating deficit.

Mission

PROTECTING THE PEOPLE AND PROPERTY OF THE TOWN OF LUMBER BRIDGE FROM INJURY, LOSS, AND DAMAGE BY FIRE.

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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 $356,633

Program Service Revenue $0

Investment Income $4,874

Other Revenue $0

TOTAL REVENUE $361,507

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,048

Fundraising Expenses $1,016

Program Expenses $357,533

Other Expenses $364,307

TOTAL EXPENSES $408,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$361,507	$332,677	+0.1%
Expenses	$408,029	$405,115	+0.0%
Net Income	$-46,522	$-72,438	-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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT CANADY	CHIEF	1.00	Director	$0	$0	$0
CHARLES BELTON	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ELBERT FORBIS	CIVILIAN BOARD MEMBER	1.00	Director	$0	$0	$0
RONNIE SHAW	CIVILIAN BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL BRATTON	PRESIDENT	2.00	Officer	$0	$0	$0
LARRY PARKER	VICE-PRESIDENT	2.00	Officer	$0	$0	$0
ROBERT SECHLER	SECRETARY	2.00	Officer	$0	$0	$0
JOHN MCNEILL	TREASURER	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
2024	$361,507	$408,029	$1,099,632	$-46,522
2023	$332,677	$405,115	$935,330	$-72,438
2022	$674,716	$319,575	$1,041,038	$355,141
2021	$313,621	$332,992	$715,153	$-19,371
2020	$308,317	$345,753	$772,841	$-37,436

LUMBER BRIDGE VOLUNTEER FIRE DEPT