RICHFIELD-MISENHEIMER FIRE DEPTINC

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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

Principal Officer

CHRISSY CHANDLER

Tax Period

2023-07-01 to 2024-06-30

RICHFIELD-MISENHEIMER FIRE DEPTINC is a small nonprofit in the Public Safety sector that reported $325K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $90K, a strong 28% operating margin.

Mission

THE RICHFIELD-MISENHEIMER FIRE DEPARTMENT PROVIDES EMERGENCY SERVICES TO A PRIMARY RESPONSE DISTRICT OF APPROXIMATELY 33 SQUARE MILES THAT INCLUDES AREA WITHIN STANLY, CABARRUS, AND ROWAN COUNTIES.

Program Service Accomplishments

Program 1

Expenses: $234,290 Revenue: $325,129

MAINTAINED, OPERATED, AND CARRIED ON VOLUNTEER FIRE DEPARTMENT AND FIRE PROTECTION SERVICES WITHIN THE DEFINED PROTECTION DISTRICT.

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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 $104,729

Program Service Revenue $208,539

Investment Income $9,648

Other Revenue $2,213

TOTAL REVENUE $325,129

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,541

Fundraising Expenses $0

Program Expenses $234,290

Other Expenses $188,085

TOTAL EXPENSES $235,626

Year-over-Year Comparison

	2023	2022	Change
Revenue	$325,129	$298,288	+0.1%
Expenses	$235,626	$318,078	-0.3%
Net Income	$89,503	$-19,790	-5.5%

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

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
WESLEY BEEKER	DIRECTOR	N/A	Director	$0	$0	$0
CHRISSY CHANDLER	TREASURER	N/A	Officer Director	$0	$0	$0
AMANDA CODY	ASSISTANT TR	N/A	Officer Director	$0	$0	$0
BRIAN CODY	DIRECTOR	N/A	Director	$0	$0	$0
DAVID CODY	1ST VICE CHA	N/A	Officer Director	$0	$0	$0
MICHAEL DENNIS	DIRECTOR	N/A	Director	$0	$0	$0
LANE DRY	CHAIR	N/A	Officer Director	$0	$0	$0
BRYAN DUNN	FIRE CHIEF	N/A	Officer Director	$0	$0	$0
LANNY EVERHART	DIRECTOR	N/A	Director	$0	$0	$0
DIANNE FRICK	SECRETARY	N/A	Officer Director	$0	$0	$0
JJ LOWDER	DIRECTOR	N/A	Director	$0	$0	$0
TOMMY ROSEMAN	2ND VICE CHA	N/A	Officer Director	$0	$0	$0
WALTER TRUESDALE	DIRECTOR	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	No data	No data	No data	No data
2024	$325,129	$235,626	$1,079,150	$89,503
2023	$298,288	$318,078	$1,096,818	$-19,790
2022	$324,022	$271,341	$1,059,076	$52,681
2021	$228,472	$224,022	$1,004,745	$4,450