MORGANTOWN RURAL FIRE DEPT INC (EIN 731658334) - Form 990 Financial Analysis & Trantor Score

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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

1949

Principal Officer

DANNY SOOTS

Phone

7655165587

Tax Period

2024-01-01 to 2024-12-31

MORGANTOWN RURAL FIRE DEPT INC, founded in 1949, is a small nonprofit in the Public Safety sector that reported $188K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $56K, a strong 30% operating margin.

Mission

TO PROVIDE FIRE PROTECTION AND AMBULANCE SERVICES TO THE RESIDENTS AND BUSINESSES IN JACKSON TOWNSHIP, MORGAN COUNTY, INDIANA.

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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 $152,486

Program Service Revenue $0

Investment Income $17

Other Revenue $35,774

TOTAL REVENUE $188,277

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,303

Other Expenses $132,040

TOTAL EXPENSES $132,040

Year-over-Year Comparison

	2024	2023	Change
Revenue	$188,277	$159,211	+0.2%
Expenses	$132,040	$123,374	+0.1%
Net Income	$56,237	$35,837	+0.6%

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
CLINTON CHAPMAN	FIRE CHIEF	N/A	Officer	$0	$0	$0
DANNY SOOTS	PRESIDENT	N/A	Officer	$0	$0	$0
BRAD SICHTING	ASSISTANT FI	N/A	Officer	$0	$0	$0
CLAYTON CHAPMAN	TREASURER	N/A	Officer	$0	$0	$0
CLYCE SMITH	VICE PRESIDE	N/A	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	$188,277	$132,040	$285,121	$56,237
2023	$159,211	$123,374	$228,884	$35,837
2022	$177,586	$183,748	$193,047	$-6,162
2021	$147,841	$189,369	$199,209	$-41,528
2020	$130,123	$162,650	$240,737	$-32,527
2019	$166,168	$232,576	$273,264	$-66,408
2018	$140,093	$199,940	$339,672	$-59,847

MORGANTOWN RURAL FIRE DEPT INC