Greenevers Volunteer Fire Departme… - Form 990 Financial Data

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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

1981

Legal Domicile

Principal Officer

Greg Carr

Phone

9102894880

Tax Period

2023-01-01 to 2023-12-31

Greenevers Volunteer Fire Department Inc, founded in 1981, is a small nonprofit in the Public Safety sector that reported $172K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $189K exceeded revenue, resulting in a 10% operating deficit.

Mission

Provide fire services to the town and surrounding area.

Program Service Accomplishments

Program 1

Expenses: $181,379 Revenue: $0

The purpose of this organization is to provide fire and accident services to the Town of Greenevers and surrounding areas.

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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 (2023)

Revenue Breakdown

Contributions & Grants $211,387

Program Service Revenue $0

Investment Income $-39,479

Other Revenue $0

TOTAL REVENUE $171,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,018

Fundraising Expenses $7,832

Program Expenses $181,379

Other Expenses $183,193

TOTAL EXPENSES $189,211

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,908	$252,352	-0.3%
Expenses	$189,211	$138,177	+0.4%
Net Income	$-17,303	$114,175	-1.2%

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

N/A

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
Chris Lesane	President	1.00	Officer	$0	$0	$0
Linwood Kea	Vice-President	1.00	Officer	$0	$0	$0
Marvin Murray	Treasurer	1.00	Officer	$0	$0	$0
Lee Kennedy	Secretary	1.00	Officer	$0	$0	$0
Fred Bryant	Member	1.00		$0	$0	$0
Pat Farrior	Member	1.00		$0	$0	$0
Mike Carney	Member	1.00		$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	No data	No data	No data	No data
2023	$171,908	$189,211	$1,522,849	$-17,303
2022	$252,352	$138,177	$1,561,940	$114,175
2021	$234,716	$131,597	$1,490,988	$103,119
2020	$183,539	$113,122	$1,438,838	$70,417
2019	$115,469	$85,899	$1,341,472	$29,570
2018	$95,587	$88,218	$1,332,294	$7,369

Greenevers Volunteer Fire Department Inc