FALLSTON COMMUNITY VOLUNTEER FIRE DEPT (EIN 566061394) - 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

1956

Legal Domicile

Principal Officer

NOEL KAY

Phone

7045387725

Tax Period

2023-01-01 to 2023-12-31

FALLSTON COMMUNITY VOLUNTEER FIRE DEPT, founded in 1956, is a small nonprofit that reported $571K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $241K, a strong 42% operating margin.

Mission

VOLUNTEER FIRE COMPANY ORGANIZED TO PROVIDE FIRE PROTECTION AND RESCUE SERVICE TO THE COMMUNITY.

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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 $527,534

Program Service Revenue $0

Investment Income $6,746

Other Revenue $36,566

TOTAL REVENUE $570,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,121

Fundraising Expenses $0

Program Expenses $329,868

Other Expenses $209,747

TOTAL EXPENSES $329,868

Year-over-Year Comparison

	2023	2022	Change
Revenue	$570,846	$524,978	+0.1%
Expenses	$329,868	$283,417	+0.2%
Net Income	$240,978	$241,561	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

N/A

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

$9,000

Total Directors

$15,278

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON BOGGS	DIRECTOR	0.00	Director	$0	$0	$0
JIM BOGGS	DIRECTOR	0.00	Officer Director	$0	$0	$0
DANNY HOWELL	DIRECTOR	0.00	Director	$0	$0	$0
DOUG CLAY	DIRECTOR	0.00	Director	$0	$0	$0
CHRIS POOLE	DIRECTOR	1.00	Director	$6,278	$0	$6,278
LEONARD HUNT	DIRECTOR	0.00	Director	$0	$0	$0
THOMAS LEWIS JR	DIRECTOR	0.00	Director	$0	$0	$0
GEORGE FALLS	DIRECTOR	0.00	Director	$0	$0	$0
DUANE FERREE	DIRECTOR	0.00	Director	$0	$0	$0
JIMMY LEE	DIRECTOR	0.00	Officer Director	$0	$0	$0
RICK MARTIN	PRESIDENT	0.00	Director	$0	$0	$0
RODNEY WILLIS	DIRECTOR	0.00	Director	$0	$0	$0
DOUG TYSINGER	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
RONNIE KING	DIRECTOR	0.00	Officer Director	$0	$0	$0
NOEL KAY	TREASURER	23.00	Officer Director	$9,000	$0	$9,000

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	$570,846	$329,868	$4,365,305	$240,978
2022	$524,978	$283,417	$5,328,394	$241,561
2021	$477,099	$260,471	$4,609,601	$216,628
2020	$727,013	$293,643	$4,392,973	$433,370

FALLSTON COMMUNITY VOLUNTEER FIRE DEPT