NOLENSVILLE VOLUNTEER FIRE DEPARTMENT

EIN: 581344397 501(c)(3)

NOLENSVILLE, TN

Total Revenue
$-556,785
Total Expenses
$96,753
Total Assets
N/A
Net Assets
N/A
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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
1973
Legal Domicile
TN
Principal Officer
ADAM SPENCER
Tax Period
2022-07-01 to 2023-06-30

NOLENSVILLE VOLUNTEER FIRE DEPARTMENT, founded in 1973, is a micro nonprofit that reported $557K in total revenue in fiscal year 2022. Revenue fell 8970% from the prior year — a significant decline worth monitoring.

Mission

PROTECT LIVES AND PROPERTY FROM DESTRUCTION BY FIRE AND TO MAINTAIN AND OPERATE A VOLUNTEER FIRE STATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,916
Program Service Revenue $0
Investment Income $-558,701
Other Revenue $0
TOTAL REVENUE $-556,785

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $96,753
Other Expenses $96,753
TOTAL EXPENSES $96,753

Year-over-Year Comparison

2022 2021 Change
Revenue $-556,785 $6,277 -89.7%
Expenses $96,753 $121,397 -0.2%
Net Income $-653,538 $-115,120 +4.7%
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

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Governance

Voting Members
10
Independent Members
10
Employees
1
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM SPENCER DIRECTOR 0.00
Officer
$0 $0 $0
TOM SEYFRIED DIRECTOR 0.00
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
2023 $-556,785 $96,753 No data $-653,538
2022 $6,277 $121,397 $943,240 $-115,120
2021 $257,841 $402,117 $1,061,447 $-144,276
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