BOBO VOLUNTEER FIRE DEPARTMENT INC

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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

1990

Legal Domicile

Phone

2568365399

Tax Period

2024-01-01 to 2024-12-31

BOBO VOLUNTEER FIRE DEPARTMENT INC, founded in 1990, is a small nonprofit that reported $361K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $123K, a strong 34% operating margin.

Mission

TO PROVIDE FIRE DEPARTMENT AND EMT SERVICES

Program Service Accomplishments

Program 1

WE PROVIDE VOLUNTEER FIRE DEPARTMENT AND EMT SERVICES FOR OUR COMMUNITY OF 12,000 PEOPLE IN A 35 SQUARE MILE AREA.

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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 $310,426

Program Service Revenue $23,550

Investment Income $506

Other Revenue $26,069

TOTAL REVENUE $360,551

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,250

Fundraising Expenses $9,399

Other Expenses $204,053

TOTAL EXPENSES $237,702

Year-over-Year Comparison

	2024	2023	Change
Revenue	$360,551	$298,764	+0.2%
Expenses	$237,702	$240,440	0.0%
Net Income	$122,849	$58,324	+1.1%

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

N/A

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
SUSAN WEBB	TREASURER	12.00	Officer	$0	$0	$0
WILMA BROWN	SECRETARY	12.00	Officer	$0	$0	$0
LORI MOON	EMT CAPTAIN, PRESIDENT	12.00	Officer	$0	$0	$0
DAVID SELF	ASSISTANT FIRE CHIEF, VICE PRESIDEN	12.00	Officer	$0	$0	$0
WILLIAM MOON	CAPTAIN STATION 1	12.00	Key Emp	$0	$0	$0
RONALD HEARD	FIRE CHIEF	12.00	Key Emp	$0	$0	$0
WAYNE WEBB	DISTRICT CHIEF STATION 1	12.00	Key Emp	$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	No data	No data	No data	No data
2024	$360,551	$237,702	$365,271	$122,849
2023	$298,764	$240,440	$382,690	$58,324
2022	$208,238	$126,775	$347,658	$81,463
2021	$172,476	$101,658	$300,246	$70,818
2020	$195,969	$42,739	$264,804	$153,230
2019	$168,852	$225,623	$254,723	$-56,771