BRASSFIELD VOLUNTEER FIRE DEPARTMENT (EIN 561412830) - 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

1984

Legal Domicile

Principal Officer

WILLIAM FLORENCE

Phone

9195282833

Tax Period

2025-01-01 to 2025-12-31

BRASSFIELD VOLUNTEER FIRE DEPARTMENT, founded in 1984, is a small nonprofit in the Public Safety sector that reported $378K in total revenue in fiscal year 2025. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $587K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO PROVIDE EMERGENCY ASSISTANCE AND FIRE PROTECTION FOR SOUTHERN GRANVILLE COUNTY AND WESTERN FRANKLIN COUNTY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $358,655

Program Service Revenue $0

Investment Income $9

Other Revenue $19,318

TOTAL REVENUE $377,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219

Fundraising Expenses $0

Program Expenses $581,146

Other Expenses $586,483

TOTAL EXPENSES $586,702

Year-over-Year Comparison

	2025	2024	Change
Revenue	$377,982	$802,066	-0.5%
Expenses	$586,702	$498,472	+0.2%
Net Income	$-208,720	$303,594	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG SHAFFER	VICE PRESIDE	N/A	Officer	$0	$0	$0
BRIAN WARD	VICE PRESIDE	N/A	Officer	$0	$0	$0
WILLIAM FLORENCE	TREASURER	N/A	Officer	$0	$0	$0
BEN GURGANUS	SECRETARY	N/A	Officer	$0	$0	$0
DYLAN HOCKADY	5TH MEMBER	N/A	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	$377,982	$586,702	$1,210,494	$-208,720
2024	$802,066	$498,472	$1,485,626	$303,594
2023	$137,738	$160,367	$672,358	$-22,629
2022	$191,178	$105,386	$694,987	$85,792
2021	$128,956	$110,924	$609,195	$18,032
2020	$141,250	$137,264	$591,163	$3,986
2019	$170,994	$154,249	$587,177	$16,745
2018	$130,095	$120,177	$570,432	$9,918

BRASSFIELD VOLUNTEER FIRE DEPARTMENT