REAL ISLAND VOLUNTEER FIRE DEPT INC (EIN 581962681) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

CANDACE JONES

Phone

3348573233

Tax Period

2024-01-01 to 2024-12-31

REAL ISLAND VOLUNTEER FIRE DEPT INC, founded in 1991, is a micro nonprofit in the Public Safety sector that reported $51K in total revenue in fiscal year 2018. The organization ran a surplus of $20K, a strong 39% operating margin.

Mission

FIRE FIGHTING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $105,824

Program Service Revenue $22,219

Investment Income $1,498

Other Revenue $0

TOTAL REVENUE $129,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,413

Program Expenses $44,876

Other Expenses $51,289

TOTAL EXPENSES $51,289

Year-over-Year Comparison

	2024	2023	Change
Revenue	$129,541	$88,487	+0.5%
Expenses	$51,289	$56,157	-0.1%
Net Income	$78,252	$32,330	+1.4%

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

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
CHARLES FRANZ	PRESIDENT	2.00	Director	$0	$0	$0
CANDACE JONES	VICE PRESIDENT	1.00	Director	$0	$0	$0
DENEILLE DUNN	SECRETARY	1.00	Director	$0	$0	$0
JO ANN CARY	TREASURER	1.00	Director	$0	$0	$0
BILL DUCKWORTH	CHIEF	1.00	Officer	$0	$0	$0
RANDY JONES	ADMIN CHIEF	1.00	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
2024	$129,541	$51,289	$1,214,774	$78,252
2023	$88,487	$56,157	$1,130,657	$32,330
2022	$72,397	$46,362	$1,119,505	$26,035
2021	$79,802	$40,748	$1,112,142	$39,054
2020	$51,630	$28,608	$1,091,184	$23,022
2019	$58,027	$43,607	$1,085,623	$14,420
2018	$51,215	$31,012	$1,088,075	$20,203

REAL ISLAND VOLUNTEER FIRE DEPT INC