THIRD DISTRICT VOLUNTEER FIRE DEPARTMENTS - BAYOU CHAPTER

EIN: 720687242 501(c)(3) Public Safety

RIVER RIDGE, LA

Total Revenue
$4,876,475
Total Expenses
$5,450,644
Total Assets
$4,778,494
Net Assets
$3,205,647
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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
1951
Legal Domicile
LA
Principal Officer
MATT BONDI
Phone
5047383258
Tax Period
2024-01-01 to 2024-12-31

THIRD DISTRICT VOLUNTEER FIRE DEPARTMENTS - BAYOU CHAPTER, founded in 1951, is a community nonprofit in the Public Safety sector that reported $4.9M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $5.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE FIRE PROTECTION, SUPRESSION, AND OTHER EMERGENCY SERVICES TO THE RESIDENTS OF THE THIRD FIRE DISTRICT OF JEFFERSON PARISH.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,757,825
Program Service Revenue $0
Investment Income $11,243
Other Revenue $107,407
TOTAL REVENUE $4,876,475

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,727,350
Fundraising Expenses $0
Program Expenses $5,243,310
Other Expenses $1,723,294
TOTAL EXPENSES $5,450,644

Year-over-Year Comparison

2024 2023 Change
Revenue $4,876,475 $5,208,839 -0.1%
Expenses $5,450,644 $5,392,824 +0.0%
Net Income $-574,169 $-183,985 +2.1%
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
10
Independent Members
10
Employees
73
Volunteers
22

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
5
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT BONDI PRESIDENT 10.00
Officer Director
$0 $0 $0
VICKI FRAME SECRETARY 10.00
Officer Director
$0 $0 $0
BRAD MIGLIORE FIRE CHIEF 40.00
Officer Director
$0 $0 $0
JIMMY DENNIS TREASURER 10.00
Officer Director
$0 $0 $0
CAMERON SOULE VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
WAYNE WALKER DIRECTOR DIVISION 1 10.00
Director
$0 $0 $0
NICHOLAS MACALUSO DIRECTOR DIVISION 2 10.00
Director
$0 $0 $0
ALEX GORMAN DIRECTOR DIVISION 3 10.00
Director
$0 $0 $0
DERRICK KIMBALL DIRECTOR DIVISION 4 10.00
Director
$0 $0 $0
TK NICHOLSON ALTERNATE 33 10.00
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 $4,876,475 $5,450,644 $4,778,494 $-574,169
2023 $5,208,839 $5,392,824 $5,168,000 $-183,985
2022 $4,269,451 $4,973,371 $5,174,515 $-703,920
2021 $5,012,174 $5,229,561 $5,943,628 $-217,387
2020 $5,110,803 $4,670,077 $6,546,681 $440,726
2019 $3,970,237 $4,492,756 $5,650,345 $-522,519
2018 $3,576,839 $4,331,068 $6,206,163 $-754,229
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