PARROTTSVILLE VOLUNTEER FIRE

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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

Principal Officer

LARRY SANE

Phone

4236238975

Tax Period

2024-09-01 to 2025-08-31

PARROTTSVILLE VOLUNTEER FIRE, founded in 1985, is a small nonprofit in the Public Safety sector that reported $387K in total revenue in fiscal year 2024. Revenue surged 138% from the prior year, signaling strong growth momentum. The organization ran a surplus of $216K, a strong 56% operating margin.

Mission

PROVIDED AMBULANCE SERVICE AND FIRE PROTECTION TO NORTHEASTERN PORTION OF RUAL COCKE COUNTY AT NO COST.

Program Service Accomplishments

Program 1

To provide fire protection and ambulance service to the northeast portion of Cocke County

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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 $197,019

Program Service Revenue $0

Investment Income $0

Other Revenue $190,000

TOTAL REVENUE $387,019

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,894

Other Expenses $170,913

TOTAL EXPENSES $170,913

Year-over-Year Comparison

	2024	2023	Change
Revenue	$387,019	$162,946	+1.4%
Expenses	$170,913	$111,522	+0.5%
Net Income	$216,106	$51,424	+3.2%

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

N/A

Independent Members

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACOB HENRY	CHEIF	10	Officer	$0	$0	$0
DANIEL HENRY	ASSISTANT CHEIF	5	Officer	$0	$0	$0
LARRY SANE	TREASURER	5	Officer	$0	$0	$0
HOLLY NORTON	SECRETARY	5	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	$387,019	$170,913	$385,302	$216,106
2024	$162,946	$111,522	$169,116	$51,424
2023	$93,742	$96,130	$117,692	$-2,388
2022	$91,538	$51,568	$113,749	$39,970
2021	$64,327	$50,751	$73,779	$13,576
2020	$82,599	$50,267	$60,203	$32,332
2019	$36,606	$46,378	$51,778	$-9,772
2018	$40,833	$39,371	$35,760	$1,462