NEW HOPE VOLUNTEER FIRE DEPARTMENT (EIN 631156760) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

RONALD SCHRIMSHER

Phone

2567232616

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE VOLUNTEER FIRE DEPARTMENT, founded in 2000, is a micro nonprofit in the Public Safety sector that reported $82K in total revenue in fiscal year 2018. Revenue decreased 18% compared to the prior year. Net assets of $391K represent 57 months of operating reserves.

Mission

VOLUNTEER FIRE DEPARTMENT

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $118,246

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $118,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $108,871

Other Expenses $111,805

TOTAL EXPENSES $111,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$118,246	$118,246	N/A
Expenses	$111,805	$118,500	-0.1%
Net Income	$6,441	$-254	-26.4%

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

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
MIKE SATTERFIELD	TREASURER	N/A	Officer Director	$0	$0	$0
ARNOLD SCHRIMSHER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KAREN SCHRIMSHER	SECRETARY	N/A	Officer Director	$0	$0	$0
RONALD SCHRIMSHER	PRESIDENT	N/A	Officer 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
2024	$118,246	$111,805	$606,901	$6,441
2023	No data	No data	No data	No data
2022	$118,246	$118,500	$627,634	$-254
2021	$109,381	$68,664	$627,888	$40,717
2020	$955,952	$880,677	$485,732	$75,275
2019	$106,528	$86,685	$410,457	$19,843
2018	$81,575	$80,840	$390,618	$735

NEW HOPE VOLUNTEER FIRE DEPARTMENT