DREWRY VOLUNTEER FIRE DEPARTMENT (EIN 561393606) - 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

1963

Legal Domicile

Principal Officer

DANIEL SULLIVAN

Phone

2524562614

Tax Period

2024-07-01 to 2025-06-30

DREWRY VOLUNTEER FIRE DEPARTMENT, founded in 1963, is a small nonprofit in the Public Safety sector that reported $756K in total revenue in fiscal year 2024. Revenue surged 120% from the prior year, signaling strong growth momentum. The organization ran a surplus of $371K, a strong 49% operating margin.

Mission

TO ASSOCIATE THE MEMBERSHIP OF THE CORPORATION INTO A GROUP OF PERSONS TO BECOME TRAINED AND DISCIPLINED IN THE DUTIES OF EMERGENCE SERVICES IN ORDER TO RENDER SERVICES TO THE INHABITANTS WITHIN WARREN AND VANCE COUNTIES AND SURROUNDING AREAS. TO PROVIDE FOR THE PRESERVATION AND PROTECTION OF THE PEOPLE AND PROPERTY FROM AND DURING SUCH FIRES AND DISASTERS AS MAY OCCUR IN THE FIRE DISTRICT.TO WORK FOR THE EDUCATION OF THE GENERAL PUBLIC IN ORDER TO BETTER PREVENT FIRES AND ENHANCE PERSONAL SAFETY WITHIN THE FIRE DISTRICT.

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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 $725,419

Program Service Revenue $0

Investment Income $7,316

Other Revenue $23,689

TOTAL REVENUE $756,424

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,884

Fundraising Expenses $0

Program Expenses $351,776

Other Expenses $307,978

TOTAL EXPENSES $385,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$756,424	$344,348	+1.2%
Expenses	$385,862	$238,412	+0.6%
Net Income	$370,562	$105,936	+2.5%

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

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

$11,907

Total Directors

$11,907

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HOLTZMAN	CHIEF/PRESIDENT	1.00	Officer Director	$0	$0	$0
BILL MEYER	DIRECTOR	1.00	Director	$0	$0	$0
KYLE HOLTZMAN	ASSISTANT CHIEF	3.63	Officer Director	$2,049	$0	$2,049
WAYNE SEAMAN	CAPTAIN	10.98	Officer Director	$9,858	$0	$9,858
JUSTIN HOLTZMAN	SECOND LIEUTENANT	1.00	Officer Director	$0	$0	$0
SCOTT BURNETT	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL SULLIVAN	TREASURER	1.00	Officer Director	$0	$0	$0
DANIEL BENDER	SECRETARY	1.00	Officer Director	$0	$0	$0
NICK WILLIAMS	SAFETY OFFICER	1.00	Officer Director	$0	$0	$0
CRAIG SEAMAN	FIRST LIEUTENANT	1.00	Officer Director	$0	$0	$0
MICHAEL NORWOOD	DIRECTOR	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	$756,424	$385,862	$1,333,717	$370,562
2024	$344,348	$238,412	$542,052	$105,936
2023	$376,262	$192,779	$437,118	$183,483
2022	$326,578	$226,167	$361,877	$100,411
2021	$344,343	$393,423	$357,924	$-49,080
2020	$341,456	$350,886	$500,983	$-9,430
2019	$195,264	$223,453	$558,655	$-28,189
2018	$194,298	$228,841	$614,207	$-34,543

DREWRY VOLUNTEER FIRE DEPARTMENT