TEACHEY VOLUNTEER FIRE DEPT INC

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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

1964

Legal Domicile

Principal Officer

RICHARD WILLIAMS

Phone

9102846566

Tax Period

2024-07-01 to 2025-06-30

TEACHEY VOLUNTEER FIRE DEPT INC, founded in 1964, is a small nonprofit in the Public Safety sector that reported $356K in total revenue in fiscal year 2024. The organization ran a surplus of $205K, a strong 58% operating margin.

Mission

RESCUE SERVICES IN THE TEACHEY, NORTH CAROLINA AREA.

Program Service Accomplishments

Program 1

Expenses: $151,052 Revenue: $356,107

OPERATION OF VOLUNTEER FIRE DEPARTMENT SERVING THE TEACHEY, NORTH CAROLINA AREA WITH FIRE PROTECTION AND RESCUE 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 $354,275

Program Service Revenue $0

Investment Income $1,832

Other Revenue $0

TOTAL REVENUE $356,107

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,180

Fundraising Expenses $0

Program Expenses $151,052

Other Expenses $106,872

TOTAL EXPENSES $151,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$356,107	$350,311	+0.0%
Expenses	$151,052	$137,030	+0.1%
Net Income	$205,055	$213,281	0.0%

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
JEFF MURRAY	PRESIDENT	10.00	Officer	$0	$0	$0
BRENNAN REGISTER	VICE PRESIDENT	10.00	Officer	$0	$0	$0
KAY FOSTER	TREASURER	5.00	Officer	$0	$0	$0
BRYAN PADILLA	SECRETARY	5.00	Officer	$0	$0	$0
WALTER GOMEZ	BOARD MEMBER AT LARGE	5.00	Officer	$0	$0	$0
NEIL MCGOWAN	BOARD MEMBER AT LARGE	5.00	Officer	$0	$0	$0
RICHARD WILLIAMS	CHIEF	10.00	Officer	$0	$0	$0
RONNIE PAGE	DEPUTY CHIEF	40.00	Officer Key Emp Highest	$0	$0	$0
DARRYL BLANTON	ASSISTANT CHIEF	10.00	Officer	$0	$0	$0
ELDRICK SUTTON	CAPTAIN	5.00	Officer	$0	$0	$0
THOMAS HUFFMAN	CAPTAIN	5.00	Officer	$0	$0	$0
JOE MOBLEY	LIEUTENANT	5.00	Officer	$0	$0	$0
COBY VANN	LIEUTENANT	5.00	Officer	$0	$0	$0
FRITZ KING	SAFETY OFFICER	5.00	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	$356,107	$151,052	$1,650,606	$205,055
2024	$350,311	$137,030	$1,489,545	$213,281
2023	$308,402	$163,746	$1,370,620	$144,656
2022	$290,192	$164,342	$1,303,775	$125,850
2021	$343,645	$181,572	$1,215,245	$162,073
2020	$186,397	$130,441	$1,131,277	$55,956