DMW VOLUNTEER FIRE DEPARTMENT INC

EIN: 570822541 501(c)(3)

GAFFNEY, SC

Total Revenue
$164,371
Total Expenses
$150,937
Total Assets
$763,510
Net Assets
$678,587
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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
1985
Legal Domicile
SC
Principal Officer
RALPH PETERSON
Phone
8644873200
Tax Period
2024-07-01 to 2025-06-30

DMW VOLUNTEER FIRE DEPARTMENT INC, founded in 1985, is a small nonprofit that reported $164K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $151K left a modest 8% surplus.

Mission

FIRE PROTECTION

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $161,773
Program Service Revenue $0
Investment Income $33
Other Revenue $2,565
TOTAL REVENUE $164,371

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $50
Program Expenses $145,554
Other Expenses $150,887
TOTAL EXPENSES $150,937

Year-over-Year Comparison

2024 2023 Change
Revenue $164,371 $203,763 -0.2%
Expenses $150,937 $169,832 -0.1%
Net Income $13,434 $33,931 -0.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
22

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG NEAL DIRECTOR 2.00
Director
$0 $0 $0
ROGER MCABEE DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM LESTER N/A 2.00
Director
$0 $0 $0
RALPH PETERSON PRESIDENT 2.00
Officer
$0 $0 $0
SALLY GRIFFITH SECTREAS 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 $164,371 $150,937 $763,510 $13,434
2024 No data No data No data No data
2023 $222,071 $139,068 $714,381 $83,003
2022 $181,872 $106,222 $551,365 $75,650
2021 $239,692 $82,885 $507,067 $156,807
2020 $87,960 $85,470 $331,444 $2,490
2019 $168,620 $66,417 $352,799 $102,203
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