CAROLINA TOWNSHIP VOLUNTEER FIRE DEPARTMENT INC (EIN 566063192) - 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

1959

Legal Domicile

Principal Officer

JOHN BULLOCK

Tax Period

2024-07-01 to 2025-06-30

CAROLINA TOWNSHIP VOLUNTEER FIRE DEPARTMENT INC, founded in 1959, is a small nonprofit in the Public Safety sector that reported $142K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $207K exceeded revenue, resulting in a 46% operating deficit.

Mission

PROVIDE FIRE PROTECTION & EMERGENCY SERVICES TO RESIDENTS OF THE TOWNSHIP.

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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 $128,501

Program Service Revenue $0

Investment Income $22

Other Revenue $13,108

TOTAL REVENUE $141,631

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $206,904

Other Expenses $206,904

TOTAL EXPENSES $206,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,631	$157,981	-0.1%
Expenses	$206,904	$167,786	+0.2%
Net Income	$-65,273	$-9,805	+5.7%

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

N/A

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
JOHN BULLOCK	PRESIDENT	N/A	Officer Director	$0	$0	$0
RAVEN WARREN	SECRETARY	N/A	Officer Director	$0	$0	$0
JENNIFER FARMER	TREASURER	N/A	Officer Director	$0	$0	$0
JOHN BULLOCK	CHIEF	N/A	Officer Director	$0	$0	$0
EARL HARRIS	1ST ASST CHI	N/A	Officer Director	$0	$0	$0
DUSTIN MILLS	2ND ASST CHI	N/A	Officer Director	$0	$0	$0
KENNETH LATHAM	1ST CAPTAIN	N/A	Officer Director	$0	$0	$0
JACOB SMITH	1ST LT	N/A	Officer Director	$0	$0	$0
PATRICK SMITH	2ND LT	N/A	Officer 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	$141,631	$206,904	$1,130,174	$-65,273
2024	$157,981	$167,786	$962,822	$-9,805
2023	$151,340	$84,150	$972,627	$67,190
2022	$110,205	$70,129	$905,437	$40,076
2021	$90,255	$46,691	$865,361	$43,564

CAROLINA TOWNSHIP VOLUNTEER FIRE DEPARTMENT INC