MIDDLECREEK VOLUNTEER FIRE DEPT 718 (EIN 611194441) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

JAMES BILLITER

Phone

6068863050

Tax Period

2024-07-01 to 2025-06-30

MIDDLECREEK VOLUNTEER FIRE DEPT 718, founded in 2003, is a micro nonprofit in the Public Safety sector that reported $97K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $118K exceeded revenue, resulting in a 21% operating deficit.

Mission

The Middlecreek Fire Department provides fire protection services to the Middlecreek area of Floyd County, Kentucky.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $94,397

Program Service Revenue $0

Investment Income $2,650

Other Revenue $0

TOTAL REVENUE $97,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $117,458

Other Expenses $117,858

TOTAL EXPENSES $117,858

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,047	$239,507	-0.6%
Expenses	$117,858	$124,431	-0.1%
Net Income	$-20,811	$115,076	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JAMES BILLITER	PRESIDENT	Officer Director	$0	$0	$0
ERICA MEADE	SECRETARY	Officer Director	$0	$0	$0
JIMMY OSBORNE	FIRE CHIEF	Director	$0	$0	$0
CHARLES AMBURGEY	VICE-PRESIDENT	Officer Director	$0	$0	$0
ERICA MEADE	TREASURER	Officer Director	$0	$0	$0
GARY HOLBROOK	E BOARD PRESIDENT	Director	$0	$0	$0
EUGENE PRATER	E BOARD REPRESENTATIVE	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
2025	$97,047	$117,858	$630,260	$-20,811
2024	$239,507	$124,431	$646,077	$115,076
2023	$81,945	$101,246	$542,214	$-19,301
2022	$61,279	$137,629	$569,250	$-76,350
2021	$90,778	$91,160	$654,483	$-382
2020	$68,125	$112,278	$663,415	$-44,153
2019	$134,479	$113,267	$715,830	$21,212

MIDDLECREEK VOLUNTEER FIRE DEPT 718