NORTHWEST VOLUNTEER FIRE DEPARTMENT (EIN 741695633) - 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

Legal Domicile

Principal Officer

WESLEY COLE

Phone

2815838014

Tax Period

2022-01-01 to 2022-12-31

NORTHWEST VOLUNTEER FIRE DEPARTMENT, founded in 1949, is a community nonprofit that reported $7.7M in total revenue in fiscal year 2022. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

FIRE PREVENTION AND SUPPRESSION

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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 (2022)

Revenue Breakdown

Contributions & Grants $208,500

Program Service Revenue $7,432,766

Investment Income $840

Other Revenue $100,099

TOTAL REVENUE $7,742,205

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,961,610

Fundraising Expenses $8,608

Program Expenses $7,049,460

Other Expenses $1,781,287

TOTAL EXPENSES $7,742,897

Year-over-Year Comparison

	2022	2021	Change
Revenue	$7,742,205	$6,529,161	+0.2%
Expenses	$7,742,897	$7,039,712	+0.1%
Net Income	$-692	$-510,551	-1.0%

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

N/A

Employees

Volunteers

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

$347,953

Total Directors

$472,543

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WESLEY COLE	PRES/CHIEF	50.00	Officer Director	$128,547	$0	$128,547
RORY DAIGRE	BD MEMBER	40.00	Director	$116,865	$0	$116,865
MARGUERITE COLE	SECRETARY	40.00	Officer Director	$104,852	$0	$104,852
AN NGUYEN	V/P-ASST CHI	40.00	Officer Director	$99,804	$0	$99,804
MICHELLE COLE	TREASURER	10.00	Officer Director	$14,750	$0	$14,750
IAN FELDMAN	BD MEMBER	10.00	Director	$6,700	$0	$6,700
TRAE GAMMON	BD MEMBER	10.00	Director	$1,025	$0	$1,025

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
2022	$7,742,205	$7,742,897	$2,822,991	$-692
2021	$6,529,161	$7,039,712	$2,484,546	$-510,551
2020	$6,578,737	$7,065,842	$3,021,836	$-487,105
2019	$7,573,708	$6,160,064	$3,486,144	$1,413,644
2018	$5,687,395	$5,399,370	$2,076,506	$288,025

NORTHWEST VOLUNTEER FIRE DEPARTMENT