LAY LAKE VOLUNTEER FIRE DEPARTMENT

EIN: 631035663 501(c)(3) Public Safety

Childersburg, AL

Total Revenue
$145,013
Total Expenses
$113,137
Total Assets
$430,485
Net Assets
$430,485
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
AL
Tax Period
2023-01-01 to 2023-12-31

LAY LAKE VOLUNTEER FIRE DEPARTMENT, founded in 1990, is a micro nonprofit in the Public Safety sector that reported $57K in total revenue in fiscal year 2018. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $124K exceeded revenue, resulting in a 116% operating deficit.

Mission

FOR THE PURPOSE OF PROVIDING PROTECTION FOR THE AREA WITH THE HOPES OF REDUCING DAMAGES OR LOSS OF LIFE BY FIRES AND THE USE OF EQUIPMENT TO RESCUE PERSONS FROM ACCIDENTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $142,335
Program Service Revenue $0
Investment Income $2,449
Other Revenue $229
TOTAL REVENUE $145,013

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,238
Other Expenses $113,137
TOTAL EXPENSES $113,137

Year-over-Year Comparison

2023 2022 Change
Revenue $145,013 $68,112 +1.1%
Expenses $113,137 $101,497 +0.1%
Net Income $31,876 $-33,385 -2.0%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY R BUTLER FIRE CHIEF 20.00
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 No data No data No data No data
2023 $145,013 $113,137 $430,485 $31,876
2022 $68,112 $101,497 $614,420 $-33,385
2021 $87,311 $98,951 $591,245 $-11,640
2020 $49,620 $87,537 $337,856 $-37,917
2019 $59,113 $96,178 $378,159 $-37,065
2018 $57,286 $123,797 $424,485 $-66,511
Explore More Nonprofits
Top 100 Nonprofits in Alabama Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAY LAKE VOLUNTEER FIRE DEPARTMENT with other nonprofits in Alabama and across the country.