MIDLAND VOLUNTEER FIRE & RESCUE INC (EIN 561397105) - 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

1955

Legal Domicile

Principal Officer

ALEX MCDANIEL

Phone

7048880657

Tax Period

2024-07-01 to 2025-06-30

MIDLAND VOLUNTEER FIRE & RESCUE INC, founded in 1955, is a community nonprofit in the Public Safety sector that reported $2.8M in total revenue in fiscal year 2024. The organization ran a surplus of $502K, a strong 18% operating margin.

Mission

FIREFIGHTING AND RESCUE

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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 $2,767,778

Program Service Revenue $0

Investment Income $26,023

Other Revenue $10,800

TOTAL REVENUE $2,804,601

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,542,885

Fundraising Expenses $0

Program Expenses $2,121,344

Other Expenses $759,723

TOTAL EXPENSES $2,302,608

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,804,601	$2,838,572	0.0%
Expenses	$2,302,608	$1,851,300	+0.2%
Net Income	$501,993	$987,272	-0.5%

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

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

$10,774

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX MCDANIEL	PRESIDENT	5.00	Officer	$2,599	$0	$2,599
ALLEN SMITH	VICE PRES.	5.00	Officer	$0	$0	$0
DAVID BULLOCK	SECRETARY	10.00	Officer	$8,175	$0	$8,175
THOMAS L GIBBS	TREASURER	5.00	Officer	$0	$0	$0
AARON RAYMOND LEE	AT-LARGE BRD	1.00	Officer	$0	$0	$0
DARRELL PAGE	AT-LARGE BRD	1.00	Officer	$0	$0	$0
PETER SABO	AT-LARGE BRD	1.00	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
2025	$2,804,601	$2,302,608	$5,798,701	$501,993
2024	$2,838,572	$1,851,300	$5,508,526	$987,272
2023	$2,345,767	$1,761,360	$4,321,520	$584,407
2022	$1,704,999	$1,541,539	$3,868,360	$163,460
2021	$1,735,032	$1,420,528	$3,392,868	$314,504
2020	$1,462,808	$1,230,641	$2,354,443	$232,167
2019	$1,060,768	$1,033,899	$2,273,721	$26,869
2018	$905,468	$972,524	$2,352,913	$-67,056

MIDLAND VOLUNTEER FIRE & RESCUE INC