NORTHWEST HARNETT VOLUNTEER FIRE DEPARTMENT INC (EIN 561710211) - 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

1990

Legal Domicile

Principal Officer

REX ARNOLD

Phone

9195528371

Tax Period

2024-07-01 to 2025-06-30

NORTHWEST HARNETT VOLUNTEER FIRE DEPARTMENT INC, founded in 1990, is a community nonprofit in the Public Safety sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $599K, a strong 36% operating margin.

Mission

FIRE PREVENTION AND PROTECTION SERVICES

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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 $0

Program Service Revenue $1,541,700

Investment Income $25,652

Other Revenue $82,598

TOTAL REVENUE $1,649,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,456

Fundraising Expenses $0

Program Expenses $1,050,963

Other Expenses $825,507

TOTAL EXPENSES $1,050,963

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,649,950	$1,430,629	+0.2%
Expenses	$1,050,963	$1,035,712	+0.0%
Net Income	$598,987	$394,917	+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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONNIE BETTS	PRESIDENT	1.00	Officer Director	$0	$0	$0
EDWARD D HARDEE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICKY BETTS	SECRETARY	1.00	Officer Director	$0	$0	$0
REX ARNOLD	TREASURER	1.00	Officer Director	$0	$0	$0
RICKY TEMPLE	DIRECTOR	1.00	Director	$0	$0	$0
KEMP C JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
LEON ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
RICKY SEARS	DIRECTOR	1.00	Director	$0	$0	$0
KENT REVELS	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	$1,649,950	$1,050,963	$7,946,960	$598,987
2024	$1,430,629	$1,035,712	$7,589,839	$394,917
2023	$1,316,636	$848,930	$7,347,281	$467,706
2022	$932,214	$499,645	$3,679,547	$432,569
2021	$788,858	$444,443	$3,244,683	$344,415
2020	$723,772	$495,678	$2,898,557	$228,094
2019	$638,940	$478,678	$2,700,107	$160,262

NORTHWEST HARNETT VOLUNTEER FIRE DEPARTMENT INC