GRIFTON COMMUNITY FIRE ASSOCIATION INC (EIN 561458981) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Principal Officer

ROGER CARRAWAY

Phone

2523785400

Tax Period

2023-07-01 to 2024-06-30

GRIFTON COMMUNITY FIRE ASSOCIATION INC, founded in 1958, is a small nonprofit that reported $300K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $102K, a strong 34% operating margin.

Mission

PROVIDE EMERGENCY SUPPORT FOR FIRE AND RESCUE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $294,075

Program Service Revenue $0

Investment Income $5,985

Other Revenue $0

TOTAL REVENUE $300,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,631

Fundraising Expenses $9,227

Program Expenses $108,766

Other Expenses $184,508

TOTAL EXPENSES $198,139

Year-over-Year Comparison

	2023	2022	Change
Revenue	$300,060	$332,308	-0.1%
Expenses	$198,139	$216,343	-0.1%
Net Income	$101,921	$115,965	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$2,820

Total Directors

$2,820

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER CARRAWAY	PRESIDENT	2.30	Officer Director	$948	$0	$948
ROBERT JOHNSON	VICE PRESIDENT	2.30	Officer Director	$900	$0	$900
DONALD JOHNSON	TREASURER	3.46	Officer Director	$972	$0	$972
WENDY ANDREWS	SECRETARY	3.46	Officer Director	$0	$0	$0
FRANK DUNN	.	0.81	Director	$0	$0	$0
PHILLIP CARRAWAY	.	0.81	Director	$0	$0	$0
JUSTIN OAKES	.	0.81	Director	$0	$0	$0
ASHLEY JOHNSON	.	0.81	Director	$0	$0	$0
MARK GRAY	.	0.81	Director	$0	$0	$0
EDWARD DUPREE	.	0.81	Director	$0	$0	$0
MARK ANDREWS	.	0.81	Director	$0	$0	$0
DAVID JACKSON	.	0.81	Director	$0	$0	$0
WAYNE HARDEE	.	0.81	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
2024	$300,060	$198,139	$1,123,872	$101,921
2023	$332,308	$216,343	$1,071,383	$115,965
2022	$307,366	$318,844	$1,026,937	$-11,478
2021	$509,419	$281,212	$1,104,692	$228,207
2020	$298,036	$265,303	$911,024	$32,733
2019	$384,485	$237,296	$904,556	$147,189

GRIFTON COMMUNITY FIRE ASSOCIATION INC