FRIENDSHIP VOLUNTEER FIRE DEPARMENT

EIN: 630951483 501(c)(3)

Odenville, AL

Total Revenue
$126,061
Total Expenses
$115,004
Total Assets
$534,888
Net Assets
$534,888
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
AL
Tax Period
2024-01-01 to 2024-12-31

FRIENDSHIP VOLUNTEER FIRE DEPARTMENT INC, founded in 1986, is a micro nonprofit that reported $77K in total revenue in fiscal year 2021. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $66K left a modest 14% surplus.

Mission

COMMUNITY FIREFIGHTERS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $126,061
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $126,061

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $115,004
Other Expenses $115,004
TOTAL EXPENSES $115,004

Year-over-Year Comparison

2024 2023 Change
Revenue $126,061 $111,283 +0.1%
Expenses $115,004 $52,346 +1.2%
Net Income $11,057 $58,937 -0.8%
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
4
Independent Members
N/A
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL A THOMPSON PRESIDENT 10.00
Officer
$0 $0 $0
STEVE WALKER VICE PRESIDENT 10.00
Officer
$0 $0 $0
DALE METCALF CHIEF 15.00
Officer
$0 $0 $0
WAYNE MEALER ASSISTANT CHIEF 10.00
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
2024 $126,061 $115,004 $534,888 $11,057
2023 $111,283 $52,346 $523,831 $58,937
2021 $76,645 $65,566 $509,081 $11,079
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