WALKERTOWN FIRE DEPARTMENT INC (EIN 566077120) - 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

1953

Legal Domicile

Principal Officer

JASON O'FERRELL

Phone

3365952121

Tax Period

2024-07-01 to 2025-06-30

WALKERTOWN FIRE DEPARTMENT INC, founded in 1953, is a community nonprofit in the Public Safety sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $333K, a strong 19% operating margin.

Mission

PROVIDING FIRE 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 $6,587

Program Service Revenue $1,423,553

Investment Income $294,825

Other Revenue $47,146

TOTAL REVENUE $1,772,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $882,061

Fundraising Expenses $0

Program Expenses $1,292,680

Other Expenses $557,393

TOTAL EXPENSES $1,439,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,772,111	$1,587,291	+0.1%
Expenses	$1,439,454	$1,121,138	+0.3%
Net Income	$332,657	$466,153	-0.3%

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

$85,939

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON O'FERRELL	CHAIRPERSON	15.00	Officer Director	$0	$0	$0
KIM MARSHALL	VICE CHAIRPERSON	10.00	Officer Director	$0	$0	$0
RICHARD COLEY	SECRETARY	10.00	Officer Director	$0	$0	$0
JEFFERY T WATSON	TREASURER	10.00	Officer Director	$0	$0	$0
DALE HESTER	DIRECTOR	5.00	Director	$0	$0	$0
GREG SCOTT	DIRECTOR	5.00	Director	$0	$0	$0
MITCH TRONE	DIRECTOR	5.00	Director	$0	$0	$0
DENIS WHICKER	DIRECTOR	5.00	Director	$0	$0	$0
BOBBY WOLFINGTON	DIRECTOR	5.00	Director	$0	$0	$0
CHARLES BOTTOMS	FIRE CHIEF	40.00	Officer	$85,939	$0	$85,939

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	$1,772,111	$1,439,454	$4,463,079	$332,657
2024	$1,587,291	$1,121,138	$3,014,893	$466,153
2023	$1,230,757	$1,207,142	$2,531,760	$23,615
2022	$1,824,819	$1,136,931	$2,508,145	$687,888
2021	$1,148,464	$1,058,414	$1,820,257	$90,050
2020	$914,829	$770,946	$1,730,207	$143,883
2019	$788,100	$558,756	$1,323,229	$229,344

WALKERTOWN FIRE DEPARTMENT INC