LOCKE TOWNSHIP FIRE DEPARTMENT 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

1956

Legal Domicile

Principal Officer

TRACY WINECOFF

Phone

7046337285

Tax Period

2023-07-01 to 2024-06-30

LOCKE TOWNSHIP FIRE DEPARTMENT INC, founded in 1956, is a community nonprofit in the Public Safety sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $325K, a strong 20% operating margin.

Mission

PROVIDE MEDICAL, EMERGENCY AND FIRE PROTECTION SERVICES TO ALL AREAS OF THE COUNTY DISTRICT INCLUDING EMERGENCY FIRST RESPONDERS, FIRST AID AND CARDIO

Program Service Accomplishments

Program 1

Expenses: $1,285,348 Revenue: $1,625,574

PROVIDE MEDICAL, EMERGENCY AND FIRE PROTECTION SERVICES TO ALL AREAS OF THEIR DISTRICT. INCLUDING EMERGENCY FIRST RESPONDERS, FIRST AID AND CARDIO PULMONARY RESUSCITATION

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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 $1,614,128

Program Service Revenue $0

Investment Income $11,446

Other Revenue $0

TOTAL REVENUE $1,625,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $740,486

Fundraising Expenses $0

Program Expenses $1,285,348

Other Expenses $559,598

TOTAL EXPENSES $1,300,084

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,625,574	$1,186,586	+0.4%
Expenses	$1,300,084	$1,057,103	+0.2%
Net Income	$325,490	$129,483	+1.5%

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

$69,381

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSTY ALEXANDER	FIRE CHIEF	50.00	Director Highest	$0	$0	$69,381
TRACY WINECOFF	PRESIDENT	4.00	Officer	$0	$0	$0
PHIL DWIGGINS	V PRESIDENT	2.00	Officer	$0	$0	$0
JEFF MATTHEWS	SECRETARY	2.00	Officer	$0	$0	$0
SAM SOBATAKA	TREASURER	2.00	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	No data	No data	No data	No data
2024	$1,625,574	$1,300,084	$3,026,821	$325,490
2023	$1,186,586	$1,057,103	$2,026,850	$129,483
2022	$1,227,112	$948,260	$1,948,097	$278,852
2021	$1,063,635	$892,291	$1,730,613	$171,344
2020	$1,049,517	$868,438	$1,627,430	$181,079
2019	$890,657	$873,042	$1,546,238	$17,615
2018	$903,579	$849,444	$1,627,510	$54,135